Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Shareholders' Equity

v3.24.1
Consolidated Statements of Changes in Shareholders' Equity - 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 [1] 303,534          
Shares issued for conversion of convertible debt $ 131,532 131,532
Shares issued for conversion of convertible debt, shares [1] 1,351          
Shares issued for compensation $ 520,230 520,230
Shares issued for compensation, shares [1] 5,336          
Shares issued for consulting services $ 853,457 (93,295) 760,162
Shares issued for consulting services, shares [1] 5,695          
Prefunded warrants issued 14,192,637 14,192,637
Share based compensation 420,715 420,715
Net loss (12,873,102) (12,873,102)
Foreign currency translation (609,624) (609,624)
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 [1] 315,916          
Shares issued for conversion of convertible debt $ 9,292,871 9,292,871
Shares issued for conversion of convertible debt, shares [1] 4,566,970          
Shares issued for compensation $ 348,199 97,094 445,293
Shares issued for compensation, shares [1] 54,083          
Shares issued for consulting services $ 324,311 324,311
Shares issued for consulting services, shares [1] 580,900          
Share based compensation 317,933 317,933
Net loss (11,733,210) (11,733,210)
Foreign currency translation 316,114 316,114
Shares issued for cash, net of issuance costs $ 939,695 $ 939,695
Shares issued for cash, net of issuance costs, shares 124,652 [1]         141,175
Shares issued in private placement $ 204,880 $ 204,880
Shares issued in private placement, shares [1] 20,000          
Shares issued on conversion of vested prefunded warrants $ 11,576,224 (11,576,224)
Shares issued on conversion of vested prefunded warrants, shares [1] 141,175          
Fractional shares issued due to roundup from reverse split
Fractional shares issued due to roundup from reverse split, shares [1] 37,349          
Cancelled prefunded warrants (2,085,960) (2,085,960)
Balance at Dec. 31, 2023 $ 49,828,942 $ 3,472,444 $ 97,094 $ (44,507,304) $ (326,596) $ 8,564,580
Balance, shares at Dec. 31, 2023 [1] 5,841,045          
[1] reflects the 1:50 reverse stock split effected on October 11, 2023.