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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss for the period $ (4,596,813) $ (872,793)
Adjustments required to reconcile net loss for the period to net cash used in operating activities:    
Depreciation and amortization 58,046 39,437
Share based payment to a service providers (Note 9) 3,485,830
Interest on lease liability 29,763
Increase in liability for employee rights upon retirement 53,010 63,004
Increase (decrease) in accounts receivable (4,936) 1,361
Decrease (increase) in other current assets (19,317) (5,970)
Increase (decrease) in accounts payable 53,775 (5,085)
Increase in other accounts liabilities 141,514 130,482
Net cash used in operating activities (799,128) (649,564)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Loans granted to related parties (7,186) (232,175)
Increase in asset for employee rights upon retirement (21,182)
Increase in other long term prepaid expenses (24,883)
Purchase of property and equipment (8,931) (24,232)
Net cash used in investing activities (37,299) (281,290)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments of lease liability (63,134) (29,173)
Proceeds from stock issued for cash 386,000 960,515
Loan received from parent company 199,634
Net cash provided by financing activities 522,500 931,342
INCREASE IN CASH AND CASH EQUIVALENTS (313,927) 488
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 359,949 359,461
CASH AND CASH EQUIVALENTS AT END OF PERIOD 46,022 359,949
Non cash transaction:    
Debt set off 250,609
Initial recognition of operating lease right-of-use 242,906
Prepaid expenses for service providers in Company’s shares $ 1,188,291