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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
OPERATING AND ADMINISTRATIVE EXPENSES    
Research and development $ 1,589,239 $ 1,136,790
General and administrative 1,968,549 3,003,623
TOTAL OPERATING AND ADMINISTRATIVE EXPENSES 3,557,788 4,140,413
LOSS FROM OPERATIONS (3,557,788) (4,140,413)
OTHER (EXPENSE) INCOME    
Interest income 185,790 33,207
Interest expense (137,456) (496,912)
Realized loss on marketable securities (46,051) (2,486)
Change in fair value of derivative liability 83,670
TOTAL OTHER INCOME (EXPENSES) 2,283 (382,521)
LOSS BEFORE TAX (3,555,505) (4,522,934)
INCOME TAX EXPENSE
NET LOSS (3,555,505) (4,522,934)
Other Comprehensive Loss - net of tax    
Net unrealized loss on marketable securities (421,738) (77,029)
Foreign exchange translation income (loss) (6,820) 266
TOTAL COMPREHENSIVE LOSS $ (3,984,063) $ (4,599,697)
Net loss per common share - Basic and Diluted $ (0.82) $ (1.24)
Weighted average common shares - Basic and Diluted 4,317,875 3,685,206