Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Taxes

Net Deferred Tax Assets

	December 31, 2021			December 31, 2020
Net Deferred Tax Asset	$			$
Excess of tax over book depreciation and amortization		(8,330	)		(966	)
ROU Asset		(28,657	)		(69,407	)
Lease Liability		47,301			73,407
Accrued expenses		1,199			1,154
Unrealized Gain/Loss		103,106			-
Stock-based compensation		186,252			21,533
Net Operating Losses carry-forward		24,390,040			24,011,113
Research and development tax credits		606,729			390,666
Gross deferred tax assets		25,297,640			24,427,500
Valuation allowance		(25,297,640	)		(24,427,500	)
Net deferred tax asset		-			-
Change in Valuation Allowance		(870,140	)

Schedule of Effective Income Tax Rate Reconciliation

	December 31, 2021			December 31, 2020
Summary Rate Reconciliation	%			%
Federal statutory rate		21.0			21.0
State income taxes, net of federal benefit		-			-
Permanent Differences		(4.8	)		6.1
Stock based compensation		(0.6	)		(1.3	)
Federal Research & Development Credits		0.5			0.5
Foreign taxes		1.5			7.4
Federal Deferred Rate Decrease		(14.4	)		-
Change in Valuation Allowance		(3.2	)		(33.7	)
Total		-			-

Summary of valuation allowance

Disclosure Amounts	December 31, 2021 $
Net Operating Losses - United States		32,130,715
Net Operating Losses - Foreign		78,460,307
Credit Carryforward - United States		-
Credit Carryforward - Foreign		606,730
Increase in Valuation Allowance		870,140