XML 30 R19.htm IDEA: XBRL DOCUMENT v3.22.1
Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2021
Stockholders' Equity Note [Abstract]  
Schedule of company’s share capital
   December 31,
2021
   December 31,
2020
 
   Authorized   Issued and
outstanding
   Issued and
outstanding
   Issued and
outstanding
 
   Number of shares 
Shares of common stock of $0.0001 par value each “Shares”   500,000,000    4,194,385    500,000,000    3,167,560 

 

Schedule of warrant activity
   Number   Average
exercise price
 
Warrants outstanding at January 1, 2020   115,083   $16.90 
Granted   108,000    1.80 
Exercised   
-
    
-
 
Forfeited/Cancelled   (10,000)   20 
Warrants outstanding at December 31, 2020   213,083   $8.10 
Granted   99,000    1.50 
Exercised   
-
    
-
 
Forfeited/Cancelled   (66,000)   1.50 
Forfeited/Cancelled   (47,333)   19.40 
Warrants outstanding at December 31, 2021   198,750   $5.40 

 

Schedule of option outstanding activity
Issuance date   Warrants
outstanding
    Exercise
price per
warrant
    Warrants
outstanding and
exercisable
    Expiry date
February 21, 2019     13,750     $ 20.00       13,750     February 21, 2022
October 15, 2019     44,000     $ 12.50       44,000     October 15, 2024
August 7, 2020     50,000     $ 2.00       50,000     August 7, 2025
August 11, 2020     25,000     $ 2.00       25,000     August 11, 2025
December 31, 2021     66,000      $ 1.50       66,000     December 31, 2022
      198,750               198,750      

 

Schedule of employee share options activity
   Number   Average weighted exercise price 
         
Options outstanding at January 1, 2020   160,588    10.00 
Granted   166,000    1.10 
Exercised   
-
    
-
 
Forfeited   (160,588)   
-
 
           
Options outstanding at December 31, 2020   166,000    1.10 
Granted   120,000    0.01 
Exercised   (90,000)   1.10 
Forfeited   (1,000)   3.00 
           
Options outstanding at December 31, 2021   195,000   $0.63 
           
Options exercisable at December 31, 2021   131,250   $0.70 

 

Schedule of option outstanding activity
Issuance date  Options
outstanding
   Exercise
price per
option
   Options
outstanding and
exercisable
   Expiry date
September 1, 2020   15,000   $                  0.70    6,250   September 1, 2025
October 13, 2020   50,000   $1.00    25,000   October 12, 2023
November 3, 2020   25,000   $1.00    25,000   October 25, 2025
November 3, 2020   25,000   $1.50    25,000   October 25, 2025
December 14, 2021   80,000   $0.01    50,000   December 14, 2026
    195,000         131,250    

 

Schedule of RSU activity
   Number 
     
RSU outstanding at January 1, 2020   13,025 
Granted (i) (ii)   103,500 
Exercised   (67,500)
Forfeited   
-
 
      
RSU’s outstanding at December 31, 2020   49,025 
Granted (iii) (iv) (v)   227,500 
Exercised (Note 6b (2)(3)(8))   (80,525)
Forfeited   
-
 
      
RSU’s exercisable at December 31, 2021   196,000 

 

(i) On September 1, 2020, the Company, the Company granted the CFO 36,000 RSU’s with an exercise price of nil. The RSU’s vest quarterly over three years. The fair value of the RSU’s at the date of the grant was $30. During the years ended December 31, 2021 and 2020, the Company recorded share-based expenses related to the RSU’s in the amount of $10 and $3, respectively
   
(ii) On November 24, 2020, The Company granted two directors 30,000 RSU’s each, and one director 7,500 RSU’s. All these RSU’s vest immediately and have an exercise price of nil. The fair value of the RSU’s at the date of the grant was $128.
   
(iii)

During the period between February 2021 through to March 2021, the Company granted two directors 30,000 RSU’s each. The fair value of the RSU’s at the date of the grant was $334.

   
(iv)

On October 5, 2021, the Company granted a director 7,500 RSU’s. The fair value of the shares at the date of the grant was $18.

   
(v)

On December 14, 2021, the Company granted five directors 144,000 RSU’s. The fair value of the shares at the date of the grant was $111. The RSU’s vest quarterly in advance over one year.