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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Income Taxes [Abstract]    
Schedule of Income Tax Expense (Benefit) The components of income tax expense (benefit) are as follows:

Years ended December 31,

 

2022

 

2021

Current:

 

$

 

$

Kingdom of Lesotho

 

 

 

 

Republic of Malta

 

 

 

 

United Kingdom

 

 

 

 

   

$

 

$

The components of income tax expense (benefit) are as follows:

Year ended December 31

 

2021

 

2020

 

2019

Current:

 

 

   

 

   

 

 

Kingdom of Lesotho

 

$

 

$

 

$

Republic of Malta

 

 

 

 

 

 

United Kingdom

 

 

 

 

 

 

   

$

 

$

 

$

Schedule Deferred Tax Assets and Liabilities Deferred tax assets and liabilities have not been recognized for the following:

Years ended December 31,

 

2022

 

2021

Net loss before income taxes:

 

$

(11,657,674

)

 

$

(8,131,197

)

Statutory income tax rate

 

 

26.50

%

 

 

26.50

%

   

 

 

 

 

 

 

 

Income tax benefit

 

 

(3,089,284

)

 

 

(2,154,767

)

Non-deductible items

 

 

1,664,757

 

 

 

 

Non-taxable items

 

 

(3,420,469

)

 

 

 

Foreign rate differential

 

 

(323,877

)

 

 

1,227,150

 

Unrecognized loss carryforwards

 

 

5,168,873

 

 

 

1,089,449

 

   

$

 

 

$

 

Deferred tax assets and liabilities have not been recognized for the following:

Year ended December 31

 

2021

 

2020

 

2019

Net loss before income taxes

 

$

(8,131,197

)

 

$

(2,300,571

)

 

$

(1,394,641

)

Statutory income tax rate

 

 

26.50

%

 

 

26.50

%

 

 

26.50

%

   

 

 

 

 

 

 

 

 

 

 

 

Income tax benefit

 

 

(2,154,767

)

 

 

(609,651

)

 

 

(369,580

)

Foreign rate differential

 

 

1,227,150

 

 

 

379,594

 

 

 

230,116

 

Unrecognized loss carryforwards

 

 

1,089,449

 

 

 

230,057

 

 

 

139,464

 

   

$

 

 

$

 

 

$

 

Schedule of Deferred Tax Assets

At December 31,

 

2022

 

2021

Net operating loss before carryforwards

 

$

 

$

Unrecognized loss carryforwards

 

$

 

$

As at December 31

 

2021

 

2020

Net operating loss before carryforwards

 

$

 

$

Unrecognized loss carryforwards

 

$

 

$