Share Capital and Reserves (Details) - USD ($) |
6 Months Ended | 12 Months Ended | |
---|---|---|---|
Jun. 30, 2022 |
Jun. 30, 2021 |
Dec. 31, 2021 |
|
Share Capital and Reserves (Details) [Line Items] | |||
Common stock, shares issued | 29,307 | ||
Issued share capital description | i)Issued, 4,375,000 units at a price of $1.60 per unit per unit for total proceeds of $7,000,000. Each unit consisted of one common share and one warrant, to purchase one common share at $1.92 per share until February 28, 2027. In connection with the offering, the Company incurred $900,720 in issuance costs as part of the transaction. ii)Issued, 171,608 shares, which were converted from Versus Holdco shares. iii)Issued, 590,625 shares at a price of $1.48 per unit for total proceeds of $874,125 as a result of the underwriter exercising the overallotment. iv)Issued 62,936 shares at a price of $0.70 to the Chief Innovation Officer of the Company in connection with the commitment to issue shares from the acquisition of Xcite Interactive, Inc. | ||
Issued units | 1,506,903 | ||
Price per share (in Dollars per share) | $ 6.76 | ||
Total proceeds (in Dollars) | $ 11,040,000 | ||
Warrants, description | Each unit consisted of one common share, one Unit A warrant and one Unit B warrant. Unit A warrants allow the purchaser to purchase one common share at $7.50 per share until January 20, 2026. Unit B warrants allow the purchaser to purchase one common share at $7.50 per share until January 20, 2026. | ||
Issuance costs (in Dollars) | $ 1,524,439 | ||
Common shares to exercise of warrants | 1,553,372 | ||
Warrants issued | 1,435,333 | ||
Stock options | 118,039 | ||
Issued, common shares | 215,341 | ||
Common stock value (in Dollars) | $ 206,614 | ||
Common shares issued and outstanding percentage | 10.00% | ||
Option vesting period | 10 years | ||
Share-based compensation (in Dollars) | $ 478,008 | ||
Share purchase warrants description | i)On February 28, 2022, the Company completed a public offering and issued 4,375,000 units at a price of $1.60 per unit per unit for total proceeds of $7,000,000. Each unit consisted of one common share and one warrant, to purchase one common share at $1.92 per share until February 28, 2027.ii)On March 24, 2022, the underwriter exercised its overallotment option, and the Company issued 590,625 units at a price of $1.48 per unit for total proceeds of $874,125. Each unit consisted of one common share and one warrant, to purchase one common share at $1.92 per share until February 28, 2027. | iii)On January 21, 2021, Company completed a public offering and issued 1,472,000 units at a price of $7.50 per unit per unit for total proceeds of $11,040,000. Each unit consisted of one common share, one Unit A warrant and one Unit B warrant, each to purchase one common share for a total of 2,944,000 warrants issued at $7.50 per share until January 21, 2023.iv)On January 21, 2021, the Company entered into a debt exchange agreement and exchanged 215,341 shares of common stock for the reduction of $1,615,058 of debt and accrued interest. As part of the agreement the Company also issued 215,341 Unit A warrants and 215,341 Unit B warrants issued at $7.50 per share until January 21, 2023. | |
Warrants [Member] | |||
Share Capital and Reserves (Details) [Line Items] | |||
Issued units | 1,472,000 | ||
Price per share (in Dollars per share) | $ 7.5 | ||
Total proceeds value (in Dollars) | $ 6,735,254 | ||
Accrued interest (in Dollars) | $ 1,615,058 | ||
Stock Options [Member] | |||
Share Capital and Reserves (Details) [Line Items] | |||
Stocks option granted | 34,500 | 960,224 | |
Share-based compensation (in Dollars) | $ 884,322 | $ 2,145,928 | |
Class A share [Member] | |||
Share Capital and Reserves (Details) [Line Items] | |||
Common stock, shares issued | 5,057 | ||
Common stock, shares outstanding | 5,057 |