Prepaid Expenses and Deposits

12 Months Ended

Dec. 31, 2022

Prepaid Expense and Other Assets [Abstract]

Prepaid Expenses and Deposits [Text Block]

7. Prepaid Expenses and Deposits

Included in prepaid expenses and deposits are costs, primarily for professional services to be expensed as stock-based compensation after December 31, 2022, in the amount of $374,531 (December 31, 2021-$73,172) and for professional services to be expensed as professional fees after December 31, 2022 in the amount of $nil (December 31, 2021-$32,143). These professional services expire at varying periods to October 31, 2025 and expensed evenly over these periods based on the terms of the associated agreements. The professional services disclosed under stock-based compensation related to general corporate consulting, marketing, branding and commercialization to market, and general investor relations services. The common shares issued for professional services are also noted under capital stock, note 15. The balance consists of costs and deposits for services expiring or relating to periods after December 31, 2022, including insurance, rent, professional services retainers and deposits.