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Consolidated Statement of Cashflows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities:    
Net loss $ (1,135,368) $ (1,957,553)
Net loss to net cash used in operating activities:    
Stock-based compensation 400,338
Forfeit of restricted stock units (659,052)
Vesting of stock-based compensation 217,980 978,410
Change in fair value of warrant derivative liability (19,801) 2,531
Disposal of fixed assets 9,331
Amortization of intangible asset 357,176 116,125
Depreciation 3,958 6,384
Changes in operating assets and liabilities:    
(Increase) decrease in other receivables 85,196 2,537
Increase in accounts payable 5,310 114,764
Increase in accrued liabilities 345,207 711,929
Net cash used in operating activities (131,011) (283,587)
Cash flows from investing activities    
Purchase of intangible assets (11,907) (12,839)
Net cash used in investing activities (11,907) (12,839)
Cash flows from financing activities    
Repayment of loans payable (12,532) (4,934)
Repayment of loans payable - related party (28,718) (18,228)
Proceeds from loans payable - related party 160,656 324,973
Proceeds on the sale of fixed assets 16,916
Net cash provided by financing activities 136,322 301,811
Effects of exchange rate changes on cash (283) (32,411)
Net Change in Cash (6,879) (27,026)
Cash - Beginning of Period 7,668 32,533
Cash - End of Period 789 5,507
Supplemental information:    
Cash paid for interest 8,264 5,385
Cash paid for taxes