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Share Capital and Reserves (Tables)
 3 Months Ended
Mar. 31, 2023
Share Capital and Reserves Tables [Abstract]  
Schedule of outstanding stock options
   Number
Outstanding		   Weighted Average
Exercise Price		 
       ($) 
Balance –December 31, 2021   129,451    63.60 
Granted   104,520    6.19 
Exercised   
-
    
-
 
Forfeited   (6,183)   92.81 
Balance –December 31, 2022   227,788    37.13 
Granted   400,000    0.90 
Exercised   
-
    
-
 
Forfeited   (60,375)   48.95 
Balance – March 31, 2023   567,413    10.33 

 
Schedule of fair value of stock options
   March 31,
2023		   December 31,
2022
Risk-free interest rate   3.93%   2.14% – 4.03%
Expected life of options   5.0 years   5.0 years
Expected dividend yield   Nil   Nil
Volatility   132.65%   96.90% – 112.40%

 
Schedule of incentive stock options outstanding
Expiry Date 

Options

Outstanding

  

Exercise

Price 

   Weighted Average
Remaining Life		 
       ($)   (years) 
June 6, 2023   937    85.50    0.17 
September 4, 2023   688    44.55    0.42 
April 2, 2024   6,961    37.80    1.00 
June 27, 2024   417    38.40    1.25 
September 27, 2024   17,086    67.95    1.50 
October 22, 2024   834    60.45    1.58 
July 24, 2025   11,794    44.70    2.33 
July 31, 2025   9,610    44.70    2.33 
August 10, 2025   833    44.70    
2,42
 
June 1, 2026   3,788    105.60    3.17 
June 29, 2026   1,500    84.75    3.25 
August 19, 2026   29,682    63.00    3.42 
March 18, 2027   800    19.80    4.00 
May 10, 2027   700    11.85    4.17 
August 17, 2027   79,543    6.00    4.42 
September 20, 2027   2,240    3.45    4.50 
February 13, 2028   400,000    0.90    5.00 
    567,413    10.33    4.53 

 
Schedule of outstanding stock options
   Number
Outstanding		   Weighted Average
Exercise Price		 
       ($) 
Balance – December 31, 2021   299,077    102.45 
Exercised   
-
    
-
 
Expired   (186,586)   96.30 
Issued   5,166,044    3.42 
Balance – December 31, 2022   5,278,535    5.74 
Exercised   (4,042,000)   1.10 
Expired   
-
    
-
 
Issued   175,000    0.90 
Balance – March 31, 2023(1)   1,411,535    18.44 

 

(1) Unit A warrant balance is 1,687,341 as of March 31, 2023; however, table above reflects 15:1 post-consolidated common shares to be issued and exercise price upon the exercise of the warrants.

 
Schedule of assumptions in calculating the fair value of the warrants
   March 31,
2023		 
Risk-free interest rate   3.60% - 3.81% 
Expected life of warrants   2.83 – 4.92 years 
Expected dividend yield   Nil 
Volatility   132.65% 
Weighted average fair value per warrant  $0.29 
Schedule of share purchase warrants outstanding
Expiry Date 

Warrants
Outstanding

  

Exercise
Price

   Weighted Average
Remaining Life		 
       ($)   (years) 
January 20, 2026(1)   112,491    112.50    2.83 
February 28, 2027   331,044    28.80    3.92 
December 6, 2027   220,500    1.25    4.67 
December 9, 2027   158,000    1.10    4.67 
January 18, 2028   414,500    7.80    4.83 
February 2, 2028   175,000    0.90    4.92 
    1,411,535    18.44    4.42 

 

(1) Unit A warrant balance is 1,687,341 as of March 31, 2023; however, the table above reflects 15:1 post-consolidated common shares to be issued and exercise price upon the exercise of the warrants.