XML 18 R6.htm IDEA: XBRL DOCUMENT v3.24.2
Consolidated Statement of Cashflows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash Flows from Operating Activities:    
Net loss $ (460,867) $ (254,336)
Net loss to net cash used in operating activities:    
Stock-based compensation 285,338
Forfeit of restricted stock units (659,052)
Vesting of stock-based compensation 108,990  
Change in fair value of warrant derivative liability 1,251 72,519
Disposal of fixed assets 9,355
Amortization of intangible asset 51,489 56,521
Depreciation 2,502 3,106
Changes in operating assets and liabilities:    
(Increase) decrease in other receivables (2,121) 3,778
Increase in accounts payable 25,674 336,901
Increase in accrued liabilities 145,563 (3,156)
Net cash used in operating activities (118,164) (158,381)
Cash flows from investing activities    
Purchase of intangible assets (15,566) (11,138)
Proceeds on the sale of fixed assets 16,960
Net cash used in investing activities 1,394 (11,138)
Cash flows from financing activities    
Repayment of loans payable (12,611) (2,430)
Repayment of loans payable - related party (18,228)
Proceeds from loans payable - related party 105,076 223,777
Net cash provided by financing activities 92,465 203,119
Effects of exchange rate changes on cash 17,588 (31,018)
Net Change in Cash (6,717) 2,582
Cash - Beginning of Period 7,668 32,533
Cash - End of Period 951 35,115
Supplemental information:    
Cash paid for interest 301 4,774
Cash paid for taxes