RE:Financials are out.............Cash flows used in operating activities prior to changes in non-cash working capital items were $3,346,522 in 2021 compared to $2,666,445 in 2020, representing a variation of $680,077. The COVID-19 pandemic, higher expenses, lower tooling profit and the FX (USD/CAD) decrease have negatively impacted cash flows from operating activities. However, these were offset by government assistance of approximately $3,718,000 received from the Canadian federal government through its CEWS program.
Not exactly a problem.... in 9 months! with 60M$ in cash!