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Prepaid expenses and deposits
9 Months Ended
Sep. 30, 2023
Prepaid Expenses And Deposits  
Prepaid expenses and deposits

5. Prepaid expenses and deposits

 

As of September 30, 2023 and December 31, 2022, prepaid expenses and deposits consists of the following:

  

   September 30, 2023   December 31, 2022 
Consulting, services and advertising  $-   $1,313,799 
Insurance   -    20,781 
Deposit   694,343    699,765 
Prepaid expenses and deposits, net  $694,343   $2,034,345 

 

As of September 30, 2023, prepaid expenses and deposits consists of $0 (December 31, 2022 - $1,313,799) in prepaid consulting, services and advertising for third party consultants through the issuance of shares and stock options. Amounts in deposit relate to prepayment for manufacturing components and finished goods.