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Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
OPERATING AND ADMINISTRATIVE EXPENSES    
Research and development $ 348,031 $ 669,838
General and administrative 391,263 671,438
TOTAL OPERATING AND ADMINISTRATIVE EXPENSES 739,294 1,341,276
LOSS FROM OPERATIONS (739,294) (1,341,276)
OTHER (EXPENSE) INCOME    
Interest income 56,893 17,967
Interest expense (31,263) (33,844)
Realized loss on marketable securities (4,432) (4,956)
TOTAL OTHER INCOME (EXPENSES) 21,198 (20,833)
LOSS BEFORE TAX (718,096) (1,362,109)
INCOME TAX EXPENSE
NET LOSS (718,096) (1,362,109)
Other Comprehensive Loss - net of tax    
Net unrealized gain (loss) on marketable securities 47,677 (151,170)
Foreign exchange translation income 467 160
TOTAL COMPREHENSIVE LOSS $ (669,952) $ (1,513,119)
Net loss per common share - Basic and Diluted $ (0.17) $ (0.32)
Weighted average common shares - Basic and Diluted 4,317,875 4,308,413