Fair value measurement (Tables)

9 Months Ended

Sep. 30, 2022

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 September 30, 2022
Assets
Cash	$	1,830,262	$	-		$	-	$	1,830,262
Long term cash equivalent		21,994		-			-		21,994
Liabilities
Derivative liability – warrants		-		(17	)				(17	)
Total net assets measured and recorded at fair value	$	1,852,256	$	(17	)	$	-	$	1,852,239

	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 measured and recorded at fair value	$	2,102,231	$	(23,365	)	$	-	$	2,078,866