Fair value measurement (Tables)

3 Months Ended

Mar. 31, 2023

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 March 31, 2023
Assets
Cash	$	2,304,757	$	-	$	-	$	2,304,757
Long term cash equivalent		22,334		-		-		22,334
Liabilities
Derivative liability – warrants		-		-		-		-
Total net assets measured and recorded at fair value	$	2,327,091	$	-	$	-	$	2,327,091

		Level 1		Level 2			Level 3		Total
As at December 31, 2022
Assets
Cash	$	2,363,530	$	-		$	-	$	2,363,530
Long term cash equivalent		22,310		-			-		22,310
Liabilities
Derivative liability – warrants		-		(51	)		-		(51	)
Total assets (liabilities) measured and recorded at fair value	$	2,385,840	$	(51	)	$	-	$	2,385,789