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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Operating expenses    
Consulting fees $ 298,077 $ 37,178
Consulting fees – related parties 124,800 154,517
Stock based compensation 746,300 1,176,600
General and administrative 1,038,466 1,211,520
Loss on lease abandonment 146,795
Loss on lease termination 2,992
Loss on disposal of property and equipment 135,600
Total operating expenses 2,543,730 2,579,815
Loss from operations (2,543,730) (2,579,815)
Other income (expense)    
Gain on derecognition of debt and accrued interest 21,179,043
Interest expense (3,233,421) (2,857,910)
Interest expense – related parties (443,437) (449,922)
Interest income 6,400 8,252
Change in fair value of patent acquisition liability (660,000) 290,000
Foreign exchange loss (55,210) (65,724)
Other income (expense), net 16,793,375 (3,075,304)
Net income (loss) $ 14,249,645 $ (5,655,119)
Net Income (Loss) Per Share:    
Basic (in dollars per share) $ 0.52 $ (0.21)
Diluted (in dollars per share) $ 0.45 $ (0.21)
Weighted Average Number of Shares Outstanding    
Basic (in shares) 27,264,072 26,364,500
Diluted (in shares) 32,732,510 26,364,500