FormerXBC Inc XEBEQ

What does this mean?

[Gann999]

On a combined basis, the Excluded entities contributions to our consolidated statements of loss and comprehensive loss for the three months ended March 31, 2022 was approximately 31% of total revenues. Additionally, as at March 31, 2022, these entities current assets and current liabilities, on a combined basis, represented approximately 12% and 19% of our consolidated current assets and current liabilities, respectively. Combined non-current assets, which includes intangible assets and goodwill from these acquisitions, represented approximately 2% of our consolidated non-current assets. The amounts recognized for the assets acquired and liabilities assumed as at the date of these acquisition are described in Note 3 of the Consolidated Financial Statements. Management is committed to removing this limitation within the timeframe permitted by regulation