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Condensed Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss for the period $ (1,407,411) $ (2,477,312)
Adjustments required to reconcile net loss for the period to net cash used in operating activities:    
Depreciation 5,082 4,268
Increase in liability for employee rights upon retirement 6,902 12,045
Equity in losses of non-consolidated entity 477
Share-based compensation expense 972,750 2,244,405
Change in operating lease liability 319 (3,008)
Increase in accounts receivable (70) (2,677)
Increase in other current assets (37,310) (4,565)
Decrease in accounts payable (41,596) (15,920)
Decrease in other accounts liabilities 31,460 (40,181)
Net cash used in operating activities (469,874) (282,468)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Loans repaid by (granted to) related parties (11,956) 1,530
Increase in funds in respect of employee rights upon retirement (2,167)
Purchase of property and equipment (2,065) (6,109)
Net cash used in investing activities (16,188) (4,579)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from stock issued for cash 60,000
Loan received from related party 80,339
Proceeds on account of shares 470,173 325,000
Net cash provided by financing activities 550,512 385,000
Effect of exchange rate changes on cash and cash equivalents 2,002 1,290
INCREASE IN CASH AND CASH EQUIVALENTS 66,452 99,243
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 46,435 56,346
CASH AND CASH EQUIVALENTS AT END OF PERIOD 112,887 155,589
Non cash transactions:    
Issuance of share in exchange for debt $ 144,000