Company: MMTIF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001062993-25-003888
Chunk: 89

Company: MICROMEM TECHNOLOGIES INC
Filing Date: 2025-02-28
Form: 20-F
Item: Item 18
Chunk 89
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 of loan principal $ 1,413,245 $ 1,461,356 $ 106,347 2,980,948
Interest payable 333,000 506,685 32,640 872,325
Convertible debentures $ 1,746,245 $ 1,968,041 $ 138,987 3,853,273
Derivative liabilities $ - $ 1,444,932 $ 125,743 1,570,675
Equity component of convertible debentures $ 696,671 $ - $ - 696,671
For the year ended October 31, 2024:
USD (equity CAD (embedded USD (embedded
component) derivative) derivative) Total
Consolidated Statement of Operations and Comprehensive Loss
Accretion expense $ 5,636 $ 174,437 $ 92,428 272,501
Interest expense $ 329,432 $ 262,743 $ 10,725 602,900
Loss (gain) on revaluation of derivative liabilities $ - $ 179,315 $ ( 100,400 78,915
Loss on conversion of convertible debentures $ - $ - $ 45,535 45,535
Loss (gain) on repayment of convertible debentures $ - $ ( 8,269 $ 70,522 62,253
Loss on extinguishment of convertible debentures $ ( 5,636 $ 376,297 $ 81,587 452,248
Consolidated Statement of Changes in Equity
Amount of principal converted to common shares $ 159,106 $ 60,197 $ 431,907
Amount of interest converted to common shares $ 44,106 $ 197 $ 8,469
Number of common shares issued on conversion of convertible debentures 5,566,285 1,203,945 30,035,070 36,805,300
(a)Current period information presented in the consolidated financial statements
USD (equity CAD (embedded USD (embedded
component) derivative) derivative) Total
────────────────────────────────────────────────────────────────────────────────────────────────────────────
Consolidated Statement of Cash Flows
Amount of principal repaid in cash 16,000 88,326 183,134 287,460
Amount of interest repaid in cash 14,339 58,528 - 72,867
(i)