v3.22.1
Additional paid-in capital (Tables)
12 Months Ended
Dec. 31, 2021
Additional Paid-in Capital  
Schedule of share-based compensation, stock options, activity
                    
   Year Ended
December 31, 2021
  Year Ended
December 31, 2020
   Number of Options  Weighted Average Exercise Price  Number of Options  Weighted Average Exercise Price
Outstanding, beginning of year   5,362,701,500    0.004    5,236,401,500   $0.003 
Granted   165,000,000    0.050    139,800,000   $0.047 
Exercised   (800,000)   (0.015)        $   
Cancelled   (29,900,000)   (0.034)   (13,500,000)  $(0.034)
Outstanding, end of year   5,497,001,500    0.006    5,362,701,500   $0.004 
                     
Exercisable, end of year   5,221,701,500    0.004    5,202,701,500   $0.003 
Schedule of Options Outstanding
                              
   December 31, 2021  December 31, 2020
Expiry Date  Options  Exercise Price  Intrinsic Value  Options  Exercise Price  Intrinsic Value
July 1, 2021        $0.002    0.058    4,365,001,300   $0.002   $0.069 
November 27, 2022   5,600,000   $0.015    0.045    6,950,000   $0.015   $0.056 
January 31, 2023   40,500,000   $0.015    0.045    40,500,000   $0.015   $0.056 
June 13, 2023   5,000,000   $0.015    0.045    5,000,000   $0.015   $0.056 
October 1, 2023        $0.050    0.010    300,000   $0.050   $0.021 
February 3, 2024        $0.035    0.025    10,000,000   $0.035   $0.036 
March 14, 2024   6,650,000   $0.035    0.025    9,150,000   $0.035   $0.036 
April 12, 2024   4,925,001,500   $0.002    0.058    560,000,200   $0.002   $0.069 
April 12, 2024   3,350,000   $0.015    0.045    3,900,000   $0.015   $0.056 
April 12, 2024   200,000   $0.030    0.030    200,000   $0.030   $0.041 
May 6, 2024   13,000,000   $0.035    0.025    13,000,000   $0.035   $0.036 
May 17, 2024   77,000,000   $0.050    0.010    62,000,000   $0.050   $0.021 
May 17, 2024   19,400,000   $0.035    0.025    25,400,000   $0.035   $0.036 
June 17, 2024   5,000,000   $0.050    0.010    5,000,000   $0.050   $0.021 
June 17, 2024        $0.035    0.025    5,000,000   $0.035   $0.036 
August 16, 2024   2,500,000   $0.050    0.010    2,500,000   $0.050   $0.021 
September 6, 2024   1,000,000   $0.050    0.010    1,000,000   $0.050   $0.021 
September 17, 2024        $0.035    0.025    5,000,000   $0.035   $0.036 
October 3, 2024   3,500,000   $0.035    0.025    3,500,000   $0.035   $0.036 
October 24, 2024   2,000,000   $0.035    0.025    2,000,000   $0.035   $0.036 
December 11, 2024   120,000,000   $0.015    0.045    120,000,000   $0.015   $0.056 
April 1, 2025   10,000,000   $0.035    0.025    10,000,000   $0.035   $0.036 
May 31, 2025   20,000,000   $0.035    0.025    20,000,000   $0.035   $0.036 
May 31, 2025   87,300,000   $0.050    0.010    87,300,000   $0.050   $0.021 
December 31, 2025   56,500,000   $0.050    0.010         $     $   
June 30, 2026   26,000,000   $0.050    0.010         $     $   
September 30, 2026   17,500,000   $0.050    0.010         $     $   
December 31, 2026   50,000,000   $0.050    0.010         $     $   
Total   5,497,001,500   $0.006    0.054    5,362,701,500   $0.004   $0.066 
                               
Weighted Average Remaining Contractual Life        2.37              1.05      

 

Schedule of Fair Value of Stock Options Granted-Allocation
          
   December 31, 2021  December 31, 2020
Interest expense  $3,425,120   $   
Product development expense   222,178    1,156,195 
Professional expense   169,382    741,564 
Selling, general and administration expenses   586,538    930,258 
Fair value of the stock options granted  $4,403,218   $2,828,017 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
          
   December 31, 2021  December 31, 2020
Risk-free interest rate   0.87%   0.20%
Expected life   4.8 years    4.6 years 
Expected dividends   0%   0%
Expected volatility   278%   312%
Forfeiture rate   0%   0%