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Consolidated Statements of Operations and Other Comprehensive (Loss) Income - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue $ 340,260 $ 0
Operating expenses    
Consulting fees 47,011 0
Consulting fees – related parties 0 31,200
General and administrative 433,125 237,890
Stock based compensation 0 75,750
Total operating expenses 480,136 344,840
Loss from operations (139,876) (344,840)
Other income (expense)    
Interest expense (34,875) (130,628)
Interest expense – related parties (89,361) (123,236)
Interest income 0 394
Change in fair value of patent acquisition liability 0 0
Foreign exchange loss 5,243 24,725
Other income (expense), net (118,993) (278,195)
(Loss) income before income taxes (258,869) 0
Income tax benefit 0 0
Net (loss) income (258,869) (623,035)
Other comprehensive loss - Foreign currency translation 0 0
Comprehensive (loss) income $ (258,869) $ (623,035)
Net (Loss) Income Per Share:    
Basic (in dollars per share) $ (0.00) $ (0.02)
Diluted (in dollars per share) $ (0.00) $ (0.02)
Weighted Average Number of Shares Outstanding    
Basic (in shares) 42,417,416 27,582,095
Diluted (in shares) 42,417,416 27,582,095