Annual report pursuant to Section 13 and 15(d)

SCHEDULE OF OUTSTANDING WARRANTS (Details)

v3.24.1
SCHEDULE OF OUTSTANDING WARRANTS (Details) - $ / shares
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Number of warrants, beginning balance 197,536 115,407
Warrants, weighted average exercise price, beginning balance $ 245.37 $ 333.09
Number of warrants, ending balance 2,877,104 197,536
Warrants, weighted average exercise price, ending balance $ 14.39 $ 245.37
Granted June 30, 2022 [Member]    
Number of warrants, beginning balance   82,129
Warrants, weighted average exercise price, granted [1]   $ 122.10
Warrants granted, expiry date   Dec. 30, 2025
Warrants Granted January 17, 2023 [Member]    
Number of warrants, beginning balance 53,226  
Warrants, weighted average exercise price, granted [1] $ 62.00  
Warrants granted, expiry date Jul. 17, 2026  
Warrants Granted June 20, 2023 [Member]    
Number of warrants, beginning balance 20,000  
Warrants, weighted average exercise price, granted $ 25.00  
Warrants granted, expiry date Jun. 20, 2025  
Warrants Granted October 18, 2023 [Member]    
Number of warrants, beginning balance 620,230  
Warrants, weighted average exercise price, granted [1] $ 2.62  
Warrants granted, expiry date Apr. 18, 2027  
Warrants Granted November 30, 2023 [Member]    
Number of warrants, beginning balance 1,986,112  
Warrants, weighted average exercise price, granted $ 0.90  
Warrants granted, expiry date May 30, 2027  
[1] The issuance of the Fourth Tranche Debenture on November 30, 2023 triggered the down round provision, adjusting the exercise prices of the Debenture Warrants to $0.90 (Note 11). Subsequent to December 31, 2023, a Convertible Debt Investor purchased an additional tranche of $1,100,000 in convertible debentures (the “Fifth tranche”) and received 3,341,122 warrants (the “Fifth tranche of Debenture Warrants”). The convertible debt and warrants were issued with an exercise price of $0.214. The issuance of the additional tranche triggered the down round provision, adjusting the exercise prices of the First, Second, Third, and Fourth tranche of Debentures and the First, Second, Third, Fourth tranche of Debenture Warrants to $0.214.