Quarterly report pursuant to Section 13 or 15(d)

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

v3.22.2.2
Condensed Consolidated Interim Statements of Changes in Shareholders' Equity (Unaudited) - 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
Beginning 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
Beginning balance, shares at Dec. 31, 2020 8,441,617 2,258,826          
Shares issued for conversion of convertible debt (Note 6 & 9) $ 6,717,873            
Shares Issued for conversion of convertible debt, shares 2,258,826            
Shares issued for bonus $ 514,066 514,066
Shares issued for bonus, shares 98,356            
Shares issued for consulting services $ 349,809 7,460 357,269
Shares issued for consulting services, shares 62,237            
Share based compensation 571,398 571,398
Net loss (3,915,207) (3,915,207)
Foreign currency translation (220,568) (220,568)
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            
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)
Shares issued for cashless exercise of options
Shares issued for cashless exercise of options, shares 820,029            
Ending balance, value at Sep. 30, 2021 $ 25,462,183 1,913,608 102,345 (17,173,083) (101,514) 10,203,539
Ending balance, shares at Sep. 30, 2021 15,057,859          
Beginning balance, value at Jun. 30, 2021 $ 7,022,883 $ 6,717,873 1,453,367 94,885 (15,145,791) 126,803 270,020
Beginning balance, shares at Jun. 30, 2021 9,542,769 2,258,826          
Shares issued for consulting services $ 69,300 7,460 76,760
Shares issued for consulting services, shares 15,000            
Share based compensation 415,597 415,597
Net loss (1,823,618) (1,823,618)
Foreign currency translation (228,317) (228,317)
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            
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 $ 203,674 (203,674)
Shares issued for dividend on Preferred Shares, shares 53,474            
Share issue costs $ (2,099,842) (2,099,842)
Ending balance, value at Sep. 30, 2021 $ 25,462,183 1,913,608 102,345 (17,173,083) (101,514) 10,203,539
Ending balance, shares at Sep. 30, 2021 15,057,859          
Beginning balance, value at Dec. 31, 2021 $ 25,637,543 2,203,343 93,295 (19,900,992) (33,086) 8,000,103
Beginning balance, shares at Dec. 31, 2021 15,176,698          
Shares issued for conversion of convertible debt (Note 6 & 9) $ 131,532 131,532
Shares Issued for conversion of convertible debt, shares 67,568            
Shares issued for consulting services $ 801,457 (93,295)   708,162
Shares issued for consulting services, shares 259,767            
Share based compensation     282,828       282,828
Prefunded warrants issued (Note 3 & 4) 11,082,546 11,082,546
Net loss (10,120,501) (10,120,501)
Foreign currency translation (599,507) (599,507)
Shares issued for bonuses and compensation (Note 9) $ 432,054 432,054
Shares issued for bonuses and compensation, shares 184,563            
Ending balance, value at Sep. 30, 2022 $ 27,002,586 13,568,717 (30,021,493) (632,593) 9,917,217
Ending balance, shares at Sep. 30, 2022 15,688,596          
Beginning balance, value at Jun. 30, 2022 $ 26,710,990 10,123,315 (26,624,863) (66,179) 10,143,263
Beginning balance, shares at Jun. 30, 2022 15,514,629          
Shares issued for conversion of convertible debt (Note 6 & 9) $ 131,532 131,532
Shares Issued for conversion of convertible debt, shares 67,568            
Shares issued for bonus $ 100,564   100,564
Shares issued for bonus, shares 76,399            
Shares issued for consulting services $ 59,500 59,500
Shares issued for consulting services, shares 30,000            
Share based compensation     68,456       68,456
Prefunded warrants issued (Note 3 & 4) 3,376,946 3,376,946
Net loss (3,396,630) (3,396,630)
Foreign currency translation (566,414) (566,414)
Ending balance, value at Sep. 30, 2022 $ 27,002,586 $ 13,568,717 $ (30,021,493) $ (632,593) $ 9,917,217
Ending balance, shares at Sep. 30, 2022 15,688,596