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SHARE CAPITAL AND OTHER EQUITY INSTRUMENTS (Tables)
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
SCHEDULE OF STOCK OPTION

A summary of activity under the Company’s incentive plan for the three months ended March 31, 2023, is presented below:

 

   Number of Shares   Weighted Average Exercise Price   Weighted Average Grant Date Fair Value   Weighted Average Remaining Contractual Term (years)   Aggregate Intrinsic Value 
Outstanding at December 31, 2022   48,329   $37.05   $44.82    4.1   $ 
Forfeited   (375)  $3.07   $2.58         
Outstanding at March 31, 2023   47,954   $37.29   $49.79    3.9   $ 
                          
Exercisable at March 31, 2023   26,901   $58.37   $78.21    2.7   $ 
SCHEDULE OF RESTRICTED STOCK UNITS AND AWARDS ACTIVITY

The Company’s activity in restricted stock units was as follows for the three months ended March 31, 2023:

 

   Number of shares   Weighted average fair value 
Non-vested at December 31, 2022   64,053   $92.57 
Granted   26,500   $1.88 
Vested   (2,820)  $33.65 
Non-vested at March 31, 2023   87,733   $67.07 
SCHEDULE OF STOCK-BASED COMPENSATION FOR RESTRICTED STOCK UNITS

The following table summarizes the Company’s recognition of stock-based compensation for restricted stock units for the following periods:

  

           
   Three Months Ended March 31, 
Stock-based compensation for RSUs  2023   2022 
General and administrative  $252,315   $358,818 
Research and development   232,434    360,949 
Total  $484,749   $719,767 
SCHEDULE OF WARRANTS OUTSTANDING

The following table summarizes information about shares issuable under warrants outstanding on March 31, 2023:

 

   Warrant shares outstanding   Weighted average exercise price   Weighted average remaining life   Intrinsic value 
Outstanding at December 31, 2022   655,463   $58.36    3.6   $

5,514

 
Outstanding at March 31, 2023   655,463   $58.36    3.4   $ 
                     
Exercisable at March 31, 2023   655,463   $58.36    3.4   $ 
SCHEDULE OF WARRANTS AND INVESTMENT OPTIONS

The following table summarizes information about investment options outstanding on March 31, 2023:

 

   Investment options outstanding   Weighted average exercise price   Weighted average remaining life   Intrinsic value 
Outstanding at December 31, 2022   1,070,000   $7.93    5.1     
Outstanding at March 31, 2023   1,070,000   $7.93    4.9   $ 
                     
Exercisable at March 31, 2023   1,070,000   $7.93    4.9   $