Fair value measurement (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table sets forth the fair value of the Company’s financial assets and liabilities measured at fair value on a recurring basis based on the three-tier fair value hierarchy.

	Level 1		Level 2			Level 3		Total
As at December 31, 2021
Assets
Cash	$	2,078,607	$	-		$	-	$	2,078,607
Long term cash equivalent		23,624		-			-		23,624
Liabilities
Derivative liability – warrants		-		(23,365	)		-		(23,365	)
Total assets (liabilities) measured and recorded at fair value	$	2,102,231	$	(23,365	)	$	-	$	2,078,866

	Level 1		Level 2		Level 3		Total
As at December 31, 2020
Assets
Cash	$	1,226,045	$	-	$	-	$	1,226,045
Long term cash equivalent		31,392		-		-		31,392
Total assets measured and recorded at fair value	$	1,257,437	$	-	$	-	$	1,257,437