Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.22.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis

As of March 31, 2022, the following financial assets and liabilities were measured at fair value on a recurring basis presented on the Company’s balance sheet:

 

      Level 1       Level 2       Level 3       2022  
    Fair Value Measurements Using    

Balance as at

March 31,

 
    Level 1     Level 2     Level 3     2022  
    $     $     $     $  
Assets                                
Cash     255,615               -       -       255,615  
Contingent stock liability     -       -       847,000       847,000  
Contingent warrant liability     -       -       702,000       702,000  
Total assets measured at fair value     255,615       -       1,549,000       1,804,615