Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Shareholders' Equity

v3.22.4
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
Common Stock [Member]
Preferred Stock [Member]
Series A Preferred Stock [Member]
Additional Paid-in Capital [Member]
Obligation To Issue Shares [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance, value at Dec. 31, 2020 $ 5,696,050 $ 6,717,873 $ 1,297,566 $ 94,885 $ (12,521,944) $ 119,054 $ 1,403,484
Balance, shares at Dec. 31, 2020 8,441,617 2,258,826          
Shares issued for cash $ 13,262,712 13,262,712
Shares issued for cash, shares 3,127,998            
Shares issued for conversion of series A Preferred Stock $ 6,717,873 $ (6,717,873)
Shares issued for conversion of series A Preferred Stock, shares 2,258,826 (2,258,826)          
Shares issued on exercise of warrants $ 238,800 44,644 283,444
Shares issued on exercise of warrants, shares 39,800            
Shares issued on cashless exercise of warrants 64,992 64,992
Shares issued on cashless exercise of warrants, shares 36,275            
Shares issued on exercise of options $ 9,123 $ 9,123
Shares issued on exercise of options, shares 7,018           1,120,719
Shares issued on cashless exercise of options
Shares issued on cashless exercise of options, shares 820,029            
Shares issued for bonus and compensation $ 648,449 648,449
Shares issued for bonus and compensation, shares 159,775            
Shares issued for consulting services $ 381,663 (1,590) 380,073
Shares issued for consulting services, shares 76,364            
Share issued for settlement of accrued director’s fee $ 46,783 46,783
Share issued for settlement of accrued director's fee, shares 19,992            
Shares issued for dividend on Preferred shares $ 735,932 (735,932)
Shares issued for dividend on Preferred Shares, shares 189,004            
Share issue costs $ (2,099,842) (2,099,842)
Share based compensation 796,141 796,141
Net loss (6,643,116) (6,643,116)
Foreign currency translation (152,140) (152,140)
Balance, value 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 $ 520,230           520,230
Shares issued for bonus and compensation, shares 266,765            
Shares issued for consulting services $ 853,457     (93,295)     760,162
Shares issued for consulting services, shares 284,767            
Share based compensation     420,715       420,715
Net loss       (12,873,102)   (12,873,102)
Foreign currency translation           (609,624) (609,624)
Shares issued for conversion of convertible debt $ 131,532           131,532
Shares issued for conversion of convertible debt, shares 67,568            
Prefunded warrants issued     14,192,637       14,192,637
Balance, value 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