Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Provision for Income Taxes

A reconciliation of the provision for income taxes to the amount computed by applying the statutory federal income tax rate to the loss from operations for the years ended December 31, 2021 and 2020 is as follows:

	Year Ended December 31, 2021			Year Ended December 31, 2020
Expected income tax benefit computed at the statutory rate	$	(5,119,352	)	$	(237,366	)
State income tax benefit, net of federal benefit, net of valuation allowance		-			-
Foreign rate differential		(6,232	)
Foreign losses not benefited		32,407			37,278
Tax effect of:
Change in federal valuation allowance		299,385			17,151
Change in fair value of derivative liability		4,779,564			120,750
Other permanent items and tax credits		(2,491	)		-
Other non-deductible expenses		22,732			79,734
Provision for income taxes	$	6,013		$	17,547

Schedule of Deferred Tax Assets

Net deferred tax assets are comprised of the following as of December 31, 2021 and 2020:

	December 31, 2021			December 31, 2020
Net operating losses	$	739,168		$	381,305
Foreign tax credits		63,058			57,045
Federal & state research credit carryforwards		32,602			19,430
Stock-based compensation		105,750			43,642
Valuation allowance		(940,578	)		(501,422	)
Net deferred tax assets	$	-		$	-

Schedule of Pre-tax Loss

For the years ended December 31, 2021 and 2020, domestic and foreign pre-tax losses were as follows:

	December 31, 2021		December 31, 2020
Loss before income taxes - Domestic	$	24,253,224	$	952,800
Loss before income taxes – Foreign		124,642		177,516
Loss before income taxes - Consolidated	$	24,377,866	$	1,130,316