XML 14 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Interim Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 2,304,757 $ 2,363,530
Accounts receivable, less allowance for doubtful accounts $24,896 (December 31, 2022 - $53,241) (Note 3) 3,421,935 7,400,282
Prepaid expenses 109,344 71,248
Total Current Assets 5,836,036 9,835,060
Equipment (Note 4) 32,165 33,522
Goodwill (Note 6) 3,301,439 3,301,439
Intangible assets (Note 5) 1,011,023 1,147,457
Long term cash equivalent 22,334 22,310
Operating lease right-of-use assets (Note 12) 27,125 36,529
Security deposit 10,773 10,766
Total Assets 10,240,895 14,387,083
Current liabilities:    
Accounts payable 1,649,365 4,826,667
Accrued liabilities 711,919 703,880
Accounts payable and accrued liabilities - related party (Note 13) 68,871 80,874
Derivative liability – warrants (Note 2e and 9) 51
Government CEBA current loan (Note 9) 44,344 44,296
Operating lease liabilities – current portion (Note 12) 29,792 32,116
Total Current Liabilities 2,504,291 5,687,884
Operating lease liabilities – non-current portion (Note 12) 7,440
Total Liabilities 2,504,291 5,695,324
Commitments (Note 11)
Stockholders’ Equity (Note 9):    
Common stock, no par value, unlimited shares authorized, 131,304,499 shares issued and outstanding (December 31, 2022 - 131,347,999) 50,764,551 50,664,887
Treasury shares, nil shares (December 31, 2022 – 41,500) (11,793)
Accumulated deficit (43,052,527) (41,985,915)
Accumulated other comprehensive income: Foreign currency translation adjustment 24,580 24,580
Total Stockholders’ Equity 7,736,604 8,691,759
Total Liabilities and Stockholders’ Equity $ 10,240,895 $ 14,387,083