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Lease Obligations and Commitments
 3 Months Ended
Mar. 31, 2023
Lease Obligations and Commitments [Abstract]  
LEASE OBLIGATIONS AND COMMITMENTS
19.LEASE OBLIGATIONS AND COMMITMENTS

 

Lease Liabilities

 

   $ 
Lease liabilities recognized as of January 1, 2022   367,884 
Lease payments made   (260,184)
Interest expense on lease liabilities   20,860 
Lease liabilities recognized as of January 1, 2023   128,560 
Lease payments made   (65,788)
Interest expense on lease liabilities   2,149 
    64,921 
Less: current portion   (64,921)
At March 31, 2023 – non-current portion   0 

 

On August 1, 2015, the Company entered into a cost sharing arrangement agreement for the provision of office space and various administrative services. In May of 2018, the Company extended the cost sharing arrangement to July of 2022 at a monthly fee of CAD $7,000 plus GST per month.

 

On September 6, 2017, the Company entered into a rental agreement for office space in Los Angeles, California. Under the terms of the agreement the Company will pay $17,324 per month commencing on October 1, 2017 until April 30, 2023.

 

Year  Amount 
   ($) 
2023   65,788