Quarterly report pursuant to Section 13 or 15(d)

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

v3.22.2.2
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES
 6 Months Ended
Jun. 30, 2022
Payables and Accruals [Abstract]  
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

5. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

 

   

June 30,

2022

    

December 31,

2021

  
Accounts payable   $ 1,339,681     $ 414,117  
Accrued expenses     760,783       981,027  
Others     205,387       137,168  
Accounts Payable and Accrued Liabilities   $ 2,305,851     $ 1,532,312  

 

Accrued expenses include professional fee payable of $437,397 (December 31, 2021 - nil), bonus payable of $111,140 (December 31, 2021 – nil), Directors’ fees payable of $68,095 (December 31, 2021 - $39,309), withholding tax payable of $82,086 (December 31, 2021 - $89,236) and other items aggregating $62,065 (December 31, 2021 - $352,482). Accrued expenses as of December 31, 2021, also included $500,000 related to reimbursement for satisfaction of secured debt of seller of IP asset.