Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Interim Statements of Changes in Shareholders' Equity (Unaudited)

v3.23.2
Condensed Consolidated Interim Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Obligation To Issue Shares [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance at Dec. 31, 2021 $ 25,637,543 $ 2,203,343 $ 93,295 $ (19,900,992) $ (33,086) $ 8,000,103
Balance, shares at Dec. 31, 2021 15,176,698          
Shares issued for bonus and compensation (Note 10) $ 331,490 331,490
Shares issued for bonus and compensation (Note 10), shares 108,164          
Shares issued for consulting services (Note 10) $ 741,957 (93,295) 648,662
Shares issued for consulting services (Note 10), shares 229,767          
Share based compensation 214,372 214,372
Net loss (6,723,871) (6,723,871)
Foreign currency translation (33,093) (33,093)
Prefunded warrants issued (Note 5) 7,705,600 7,705,600
Balance at Jun. 30, 2022 $ 26,710,990 10,123,315 (26,624,863) (66,179) 10,143,263
Balance, shares at Jun. 30, 2022 15,514,629          
Balance at Dec. 31, 2021 $ 25,637,543 2,203,343 93,295 (19,900,992) (33,086) 8,000,103
Balance, shares at Dec. 31, 2021 15,176,698          
Balance at Dec. 31, 2022 $ 27,142,762 16,816,695 (32,774,094) (642,710) 10,542,653
Balance, shares at Dec. 31, 2022 15,795,798          
Balance at Mar. 31, 2022 $ 25,822,735 2,361,325 93,295 (23,182,278) (44,987) 5,050,090
Balance, shares at Mar. 31, 2022 15,247,012          
Shares issued for bonus and compensation (Note 10) $ 234,369 234,369
Shares issued for bonus and compensation (Note 10), shares 78,847          
Shares issued for consulting services (Note 10) $ 653,886 (93,295) 560,591
Shares issued for consulting services (Note 10), shares 188,770          
Share based compensation 56,390 56,390
Net loss (3,442,585) (3,442,585)
Foreign currency translation (21,192) (21,192)
Prefunded warrants issued (Note 5) 7,705,600 7,705,600
Balance at Jun. 30, 2022 $ 26,710,990 10,123,315 (26,624,863) (66,179) 10,143,263
Balance, shares at Jun. 30, 2022 15,514,629          
Balance at Dec. 31, 2022 $ 27,142,762 16,816,695 (32,774,094) (642,710) 10,542,653
Balance, shares at Dec. 31, 2022 15,795,798          
Shares issued for conversion of convertible debt (Note 7) $ 1,743,701 1,743,701
Shares issued for conversion of convertible debt (Note 7), shares 2,516,335          
Shares issued for bonus and compensation (Note 10) $ 105,512 97,837 203,349
Shares issued for bonus and compensation (Note 10), shares 155,898          
Shares issued for cash, net of issuance costs (Note 10) $ 299,599 $ 299,599
Shares issued for cash, net of issuance costs (Note 10) , shares 1,073,770         2,147,465
Shares issued in private placement (Note 10) $ 204,880 $ 204,880
Shares issued in private placement (Note 10), shares 1,000,000          
Shares issued for consulting services (Note 10) $ 53,735 53,735
Shares issued for consulting services (Note 10), shares 27,500          
Shares issued on conversion of vested prefunded warrants (Note 5) $ 3,535,878 (3,535,878)
Shares issued on conversion of vested prefunded warrants (Note 4), shares 2,147,465          
Share based compensation 283,299 283,299
Net loss (4,247,025) (4,247,025)
Foreign currency translation 311,005 311,005
Cancelled prefunded warrants (Note 3) (2,085,960) (2,085,960)
Balance at Jun. 30, 2023 $ 33,086,067 11,478,156 97,837 (37,021,119) (331,705) 7,309,236
Balance, shares at Jun. 30, 2023 22,716,766          
Balance at Mar. 31, 2023 $ 31,283,690 11,947,606 (34,494,147) (527,824) 8,209,325
Balance, shares at Mar. 31, 2023 18,314,552          
Shares issued for conversion of convertible debt (Note 7) $ 695,128 695,128
Shares issued for conversion of convertible debt (Note 7), shares 1,805,528          
Shares issued for bonus and compensation (Note 10) 97,837 97,837
Shares issued for bonus and compensation (Note 10), shares          
Shares issued for cash, net of issuance costs (Note 10) $ 299,599 299,599
Shares issued for cash, net of issuance costs (Note 10) , shares 1,073,770          
Shares issued in private placement (Note 10) $ 204,880 204,880
Shares issued in private placement (Note 10), shares 1,000,000          
Shares issued for consulting services (Note 10) $ 26,000 26,000
Shares issued for consulting services (Note 10), shares 12,500          
Shares issued on conversion of vested prefunded warrants (Note 5) $ 576,770 (576,770)
Shares issued on conversion of vested prefunded warrants (Note 4), shares 510,416          
Share based compensation 107,320 107,320
Net loss (2,526,972) (2,526,972)
Foreign currency translation 196,119 196,119
Balance at Jun. 30, 2023 $ 33,086,067 $ 11,478,156 $ 97,837 $ (37,021,119) $ (331,705) $ 7,309,236
Balance, shares at Jun. 30, 2023 22,716,766