Company: MMTIF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001062993-25-003888
Chunk: 91

Company: MICROMEM TECHNOLOGIES INC
Filing Date: 2025-02-28
Form: 20-F
Item: Item 18
Chunk 91
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Accretion expense $ 18,258 $ 243,162 $18,414 279,834
Interest expense $ 273,458 $ 254,523 $12,948 540,929
Gain on revaluation of derivative liabilities $ - $ ( 507,186 $( 151,317 ( 658,503
Loss on conversion of convertible debentures $ - $ - $21,120 21,120
Loss on repayment of convertible debentures $ - $ - $27,243 27,243
Loss on extinguishment of convertible debentures $ 33,488 $ 1,169,800 $197,535 1,400,823
(b)Comparative information presented in the consolidated financial statements
USD (equity CAD (embedded USD (embedded
component) derivative) derivative) Total
Consolidated Statement of Changes in Equity
──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
Amount of principal converted to common shares $ 250,000 455,000 $ 232,700
Amount of interest converted to common shares $ 30,016 204,189 $ 4,654
Number of common shares issued on conversion of convertible debentures 6,406,250 14,391,709 9,548,701 30,346,660
Consolidated Statement of Cash Flows
Amount of principal repaid in cash $ - - $ 270,000 270,000
Amount of interest repaid in cash $ 12,973 47,353 $ 4,353 64,679
For the year ended October 31, 2022:
*Denominated in CAD USD (equity CAD (embedded USD (embedded
component) derivative) derivative) Total
Consolidated Statement of Operations and Comprehensive Loss
Accretion expense $ 28,000 $ 1,086,385 $ 65,218 1,179,603
Interest expense $ 230,058 $ 232,211 $ 7,156 469,425
Gain on revaluation of derivative liabilities $ - $ ( 379,736 $ ( 29,871 ( 409,607
Loss on conversion of convertible debentures $ - $ - $ 94,326 94,326
Gain on repayment of convertible debentures $ - $ ( 661 $ ( 47,216 (