XML 13 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
OPERATING AND ADMINISTRATIVE EXPENSES    
Research and development $ 669,838 $ 592,351
General and administrative 671,438 613,839
TOTAL OPERATING AND ADMINISTRATIVE EXPENSES 1,341,276 1,206,190
LOSS FROM OPERATIONS (1,341,276) (1,206,190)
OTHER INCOME (EXPENSE)    
Interest income 17,967 5
Interest expense (33,844) (83,937)
Realized loss on marketable securities (4,956)
Change in fair value of derivative liability 83,670
TOTAL OTHER INCOME (EXPENSE) (20,833) (262)
LOSS BEFORE TAX (1,362,109) (1,206,452)
INCOME TAX EXPENSE
NET LOSS (1,362,109) (1,206,452)
Other Comprehensive Loss - net of tax    
Net unrealized loss on marketable securities (151,170)
Foreign exchange translation income 160 491
TOTAL COMPREHENSIVE LOSS $ (1,513,119) $ (1,205,961)
Net loss per common share - Basic and Diluted $ (0.08) $ (0.11)
Weighted average common shares - Basic and Diluted 17,233,653 10,520,484