Cover
Cover - shares | 6 Months Ended | |
Jun. 30, 2021 | Aug. 16, 2021 | |
Cover [Abstract] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Quarterly Report | true | |
Document Transition Report | false | |
Document Period End Date | Jun. 30, 2021 | |
Document Fiscal Period Focus | Q2 | |
Document Fiscal Year Focus | 2021 | |
Current Fiscal Year End Date | --12-31 | |
Entity File Number | 001-40681 | |
Entity Registrant Name | Worksport Ltd. | |
Entity Central Index Key | 0001096275 | |
Entity Tax Identification Number | 35-2696895 | |
Entity Incorporation, State or Country Code | NV | |
Entity Address, Address Line One | 414-3120 Rutherford Rd | |
Entity Address, City or Town | Vaughan | |
Entity Address, State or Province | ON | |
Entity Address, Country | CA | |
Entity Address, Postal Zip Code | L4K0B1 | |
City Area Code | (888) | |
Local Phone Number | 554-8789 | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 11,453,446 |
Condensed Consolidated Balance
Condensed Consolidated Balance Sheets (Unaudited) - USD ($) | Jun. 30, 2021 | Dec. 31, 2020 |
Current Assets | ||
Cash and cash equivalents | $ 12,266,597 | $ 1,107,812 |
Accounts receivable net | 106,283 | 122,787 |
Other receivable | 56,348 | 167,836 |
Inventory (note 3) | 73,435 | 40,803 |
Prepaid inventory (note 3) | 179,713 | |
Prepaid expenses and deposits | 435,536 | 245,526 |
Related party receivable (note 7) | 2,538 | |
Total Current Assets | 13,120,450 | 1,684,764 |
Investment | 24,423 | 24,423 |
Property and Equipment, net | 340,934 | 91,511 |
Right-of-use asset, net (note 10) | 631,753 | 38,506 |
Intangible Assets, net | 298,114 | 62,948 |
Total Assets | 14,415,674 | 1,902,152 |
Current Liabilities | ||
Accounts payable and accrued liabilities | 906,640 | 971,667 |
Payroll taxes payable | 51,186 | 48,216 |
Related party loan (note 7) | 23,393 | |
Promissory notes payable (note 4) | 263,211 | 367,058 |
Convertible promissory note, net (note 5) | 98,982 | |
Loan payable (note 11) | 28,387 | 184,854 |
Current lease liability (note 10) | 213,775 | 23,883 |
Total Current Liabilities | 1,463,199 | 1,718,053 |
Long Term – Lease Liability (note 10) | 420,369 | 14,624 |
Total Liabilities | 1,883,568 | 1,732,677 |
Shareholders’ Equity (Deficit) | ||
Series A & B Preferred Stock, $0.0001 par value, 100,100 shares authorized, 100 Series A and 0 Series B issued and outstanding, respectively (note 6) | 1 | |
Common stock, $0.0001 par value, 299,000,000 shares authorized, 162,763,986 and 3,820,618 shares issued and outstanding, respectively (note 6) | 1,115 | 382 |
Additional paid-in capital | 26,609,130 | 12,665,854 |
Share subscriptions receivable | (1,577) | (1,577) |
Share subscriptions payable | 833,229 | 379,428 |
Accumulated deficit | (14,901,211) | (12,866,033) |
Cumulative translation adjustment | (8,580) | (8,580) |
Total Shareholders’ Equity (Deficit) | 12,532,106 | 169,475 |
Total Liabilities and Shareholders’ Equity (Deficit) | $ 14,415,674 | $ 1,902,152 |
Condensed Consolidated Balanc_2
Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares | Jun. 30, 2021 | Dec. 31, 2020 |
Common stock, par value | $ 0.0001 | $ 0.0001 |
Common stock, shares authorized | 299,000,000 | 299,000,000 |
Common stock, shares issued | 162,763,986 | 3,820,618 |
Common stock, shares outstanding | 162,763,986 | 3,820,618 |
Series A Preferred Stock [Member] | ||
Preferred Stock, par value | $ 0.0001 | $ 0.0001 |
Preferred Stock, shares authorized | 100,100 | 100,100 |
Preferred Stock, shares issued | 100 | 100 |
Preferred Stock, shares outstanding | 100 | 100 |
Common stock, par value | $ 0.0001 | |
Series B Preferred Stock [Member] | ||
Preferred Stock, shares issued | 0 | 0 |
Preferred Stock, shares outstanding | 0 | 0 |
Common stock, shares authorized | 100,000 |
Condensed Consolidated Statemen
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | |
Income Statement [Abstract] | ||||
Net Sales | $ 186,239 | $ 66,102 | $ 193,889 | $ 107,129 |
Cost of Goods Sold | 137,333 | 58,883 | 197,554 | 85,894 |
Gross Profit (Loss) | 48,906 | 7,219 | (3,665) | 21,235 |
Operating Expenses | ||||
General and administrative | 272,022 | 12,824 | 406,306 | 46,730 |
Sales and marketing | 165,156 | 7,921 | 327,807 | 10,747 |
Professional fees | 410,485 | 119,469 | 1,057,599 | 228,934 |
(Gain) loss on foreign exchange | 3,799 | 282 | 9,005 | (7,444) |
Total operating expenses | 851,462 | 140,496 | 1,800,717 | 278,967 |
Loss from operations | (802,556) | (133,277) | (1,804,382) | (257,732) |
Other Income (Expense) | ||||
Interest expense (note 5) | (18,100) | (58,908) | (249,000) | (86,719) |
Gain (loss) on settlement of debt | 8,997 | 18,204 | ||
Total other income (expense) | (9,103) | (58,908) | (230,796) | (86,719) |
Net Loss | $ (811,659) | $ (192,185) | $ (2,035,178) | $ (344,451) |
Loss per Share (basic and diluted) | $ (0.08) | $ (0.08) | $ (0.27) | $ (0.15) |
Weighted Average Number of Shares (basic and diluted) | 9,827,576 | 2,466,875 | 7,505,625 | 2,360,511 |
Condensed Consolidated Statem_2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) | 6 Months Ended | |
Jun. 30, 2021 | Jun. 30, 2020 | |
Operating Activities | ||
Net Loss | $ (2,035,178) | $ (344,451) |
Adjustments to reconcile net loss to net cash from operating activities: | ||
Shares and warrants issued for services | 1,106,025 | 69,210 |
Depreciation and amortization | 38,014 | 13,157 |
Interest on lease liability | 6,704 | 2,789 |
Accrued interest | 24,691 | |
Amortization of debt discount | 42,038 | |
Amortization on OID interest | 211,340 | 3,735 |
Gain on settlement of debt | (18,203) | |
Total items not involving cash flow from operating activities | (666,607) | (213,522) |
Changes in operating assets and liabilities (note 8) | (329,319) | (16,031) |
Net cash used in operating activities | (995,926) | (229,553) |
Cash Flows from Investing Activities | ||
Repayment of lease liability | (35,063) | |
Loan receivable | (5,507) | |
Purchase of investment | (8,764) | |
Purchase of intangible assets | (23,700) | |
Purchase of property and equipment | (257,305) | |
Net cash used in investing activities | (321,575) | (8,764) |
Financing Activities | ||
Proceeds from issuance of common shares, net of issuance cost | 6,928,617 | |
Proceeds from warrant exercise | 5,636,505 | |
Proceeds from loan payable | 60,836 | |
Repayment of loan payable | (62,905) | |
Proceeds from promissory notes | 182,500 | |
Shareholder assumption of debt | (25,931) | 4,099 |
Net cash provided by financing activities | 12,476,286 | 247,435 |
Change in cash | 11,158,785 | 9,118 |
Cash and cash equivalents - beginning of year | 1,107,812 | 11,993 |
Cash and cash equivalents end of year | 12,266,597 | 21,111 |
Supplemental disclosure of cash flow information: | ||
Interest paid | 9,737 | 7,400 |
Supplemental Disclosure of non-cash investing and financing Activities | ||
Purchase of software | 212,671 | |
Shares issued to service providers | 549,470 | |
Cashless warrant exercise | 51,901 | |
Shares issued for share subscriptions payable | 430,000 | 1,035,660 |
Conversion of convertible promissory note to common stock | 368,320 | |
Convertible promissory note – equity discount | 182,500 | |
Convertible promissory note – original issue discount | 16,215 | |
Conversion of preferred stock to common stock | 171 | |
Reverse stock split | $ 21,182 |
Condensed Consolidated Statem_3
Condensed Consolidated Statements of Shareholders' Deficit - USD ($) | Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Share Subscriptions Receivable [Member] | Share Subscription Payable [Member] | Retained Earnings [Member] | Cumulative Translation Adjustment [Member] | Total |
Beginning balance, value at Dec. 31, 2019 | $ 210 | $ 8,646,404 | $ (1,577) | $ 2,159,395 | $ (11,678,413) | $ (8,580) | $ (882,561) | |
Balance, shares at Dec. 31, 2019 | 2,095,340 | |||||||
Issuance for prepaid services | $ 8 | 136,792 | $ 136,800 | |||||
Issuance for prepaid services, shares | 78,667 | 12,000 | ||||||
Issuance for prepaid services and subscriptions payable | $ 11 | 67,177 | 57,812 | $ 125,000 | ||||
Issuance for prepaid services and subscriptions payable, shares | 107,500 | |||||||
Issuance of share subscriptions payable | $ 22 | 510,978 | (510,000) | |||||
Issuance of share subscriptions payable, shares | 222,942 | |||||||
Warrants issuance in connection to convertible promissory note (note 5 and 10) | 59,110 | 59,110 | ||||||
Share issuance in connection to convertible promissory note (note 5) | $ 2 | 123,388 | 123,390 | |||||
Share issuance in connection to convertible promissory note, shares | 22,500 | |||||||
Issuance for settlement of payables | $ 11 | 457,461 | (457,472) | |||||
Issuance for settlement of payables, shares | 109,548 | |||||||
Issuance of Preferred Stock | 1 | 89 | ||||||
Issuance of Preferred Stock, shares | 1,000 | |||||||
Net loss | (344,451) | (344,451) | ||||||
Ending balance, value at Jun. 30, 2020 | $ 1 | $ 264 | 10,001,399 | (1,577) | 1,248,735 | (12,022,864) | (8,580) | (782,622) |
Balance, shares at Jun. 30, 2020 | 1,000 | 2,636,496 | ||||||
Beginning balance, value at Dec. 31, 2019 | $ 210 | 8,646,404 | (1,577) | 2,159,395 | (11,678,413) | (8,580) | (882,561) | |
Balance, shares at Dec. 31, 2019 | 2,095,340 | |||||||
Ending balance, value at Dec. 31, 2020 | $ 1 | $ 382 | 12,665,854 | (1,577) | 379,428 | (12,866,033) | (8,580) | 169,475 |
Balance, shares at Dec. 31, 2020 | 1,000 | 3,820,618 | ||||||
Beginning balance, value at Mar. 31, 2020 | $ 245 | 9,797,341 | (1,577) | 1,315,923 | (11,830,679) | (8,580) | (727,327) | |
Balance, shares at Mar. 31, 2020 | 2,450,329 | |||||||
Issuance for prepaid services | $ 8 | 136,792 | 136,800 | |||||
Issuance for prepaid services, shares | 78,667 | |||||||
Issuance for prepaid services and subscriptions payable | $ 11 | 67,177 | (67,188) | |||||
Issuance for prepaid services and subscriptions payable, shares | 107,500 | |||||||
Issuance of Series A Preferred Stock | $ 1 | 89 | 90 | |||||
Issuance of Series A Preferred Stock, shares | 1,000 | |||||||
Net loss | (192,185) | (192,185) | ||||||
Ending balance, value at Jun. 30, 2020 | $ 1 | $ 264 | 10,001,399 | (1,577) | 1,248,735 | (12,022,864) | (8,580) | (782,622) |
Balance, shares at Jun. 30, 2020 | 1,000 | 2,636,496 | ||||||
Beginning balance, value at Dec. 31, 2020 | $ 1 | $ 382 | 12,665,854 | (1,577) | 379,428 | (12,866,033) | (8,580) | 169,475 |
Balance, shares at Dec. 31, 2020 | 1,000 | 3,820,618 | ||||||
Conversion of preferred stock to common stock | $ (1) | $ 172 | (171) | |||||
Conversion of preferred stock to common stock, shares | (900) | 1,717,535 | ||||||
Consulting Service for share subscriptions | 337,145 | 337,145 | ||||||
Issuance of shares from Reg-A | $ 150 | 3,003,171 | (32,700) | $ 2,970,621 | ||||
Issuance of shares from Reg-A, shares | 1,502,409 | 36,048 | ||||||
Conversion of convertible promissory note to shares (note 5) | $ 20 | 368,298 | $ 368,318 | |||||
Conversion of convertible promissory note to shares, shares | 204,622 | |||||||
Cashless warrant exercise (note 14) | $ 4 | (4) | ||||||
Cashless warrant exercise, shares | 39,512 | |||||||
Share issuance cost | (123,984) | (123,984) | ||||||
Issuance for services and subscriptions payable | $ 42 | 1,155,238 | (241,559) | 913,721 | ||||
Issuance for services and subscriptions payable, shares | 413,158 | |||||||
Issuance of shares from private placement | $ 204 | 4,081,776 | 4,081,980 | |||||
Issuance of shares from private placement, shares | 2,040,990 | |||||||
Warrant exercise (note 14) | $ 131 | 5,245,460 | 390,915 | 5,636,506 | ||||
Warrant exercise, shares | 1,311,394 | |||||||
Loan repayment (note 11) | $ 10 | 176,492 | 176,502 | |||||
Loan repayment, shares | 98,054 | |||||||
Warrants issuance for services | 37,000 | 37,000 | ||||||
Net loss | (2,035,178) | (2,035,178) | ||||||
Ending balance, value at Jun. 30, 2021 | $ 1,116 | 26,609,129 | (1,577) | 833,229 | (14,901,211) | (8,580) | 12,532,106 | |
Balance, shares at Jun. 30, 2021 | 100 | 11,148,293 | ||||||
Beginning balance, value at Mar. 31, 2021 | $ 1 | $ 814 | 22,554,768 | (1,577) | 372,131 | (14,089,552) | (8,580) | 8,828,005 |
Balance, shares at Mar. 31, 2021 | 1,000 | 8,138,199 | ||||||
Conversion of preferred stock to common stock | $ (1) | $ 172 | (171) | |||||
Conversion of preferred stock to common stock, shares | (900) | 1,717,535 | ||||||
Consulting Service for share subscriptions | 225,923 | 225,923 | ||||||
Share issuance cost | (64,824) | (64,824) | ||||||
Issuance for services and subscriptions payable | $ 9 | 585,363 | 585,372 | |||||
Issuance for services and subscriptions payable, shares | 97,100 | |||||||
Issuance of shares from private placement | $ 52 | 1,031,948 | (32,000) | 1,000,000 | ||||
Issuance of shares from private placement, shares | 516,000 | |||||||
Warrant exercise (note 14) | $ 58 | 2,325,556 | 378,785 | 2,704,399 | ||||
Warrant exercise, shares | 581,404 | |||||||
Loan repayment (note 11) | $ 10 | 176,490 | (111,610) | 64,890 | ||||
Loan repayment, shares | 98,054 | |||||||
Net loss | (811,659) | (811,659) | ||||||
Ending balance, value at Jun. 30, 2021 | $ 1,116 | $ 26,609,129 | $ (1,577) | $ 833,229 | $ (14,901,211) | $ (8,580) | $ 12,532,106 | |
Balance, shares at Jun. 30, 2021 | 100 | 11,148,293 |
Basis of Presentation and Busin
Basis of Presentation and Business Condition | 6 Months Ended |
Jun. 30, 2021 | |
Accounting Policies [Abstract] | |
Basis of Presentation and Business Condition | 1. Basis of Presentation and Business Condition a) Interim Financial Information The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (SEC). Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments and reclassifications considered necessary in order to make the financial statements not misleading and for a fair and comparable presentation have been included and are of a normal recurring nature. Operating results for the six-month period ended June 30, 2021 are not necessarily indicative of the results that may be expected for the year ending December 31, 2021. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 filed with the SEC on April 13, 2021. On May 21, 2021, the Board of Directors authorized the submission of a Certificate of Change/Amendment to the Nevada Secretary of State in which the Company sought to affect a reverse split of its common stock at the rate of 1 for 20 for the purpose of increasing the per share price for the Company’s stock in an effort to meet the minimum listing requirements of the NADAQ. The Certificate of Change was submitted to the Nevada Secretary of State on May 21, 2021 and the FINRA corporate action was filed on August 3, 2021. FINRA declared the 1 for 20 reverse stock split b) Functional and Reporting Currency Effective January 1, 2020, the Company changed the functional currency of its subsidiary to United States dollars given the increasing prevalence of U.S. dollar-denominated activities of the subsidiary over time. The change in functional currency from Canadian dollars to United States dollars is accounted for prospectively from January 1, 2020. The subsidiary’s balance sheet was converted from Canadian dollars to United States dollars using the year ended December 31, 2019 United States dollar balance as the opening for January 1, 2020 in accordance to ASC 830 29,940 c) Use of Estimates The preparation of condensed unaudited financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed interim financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. d) Business condition The Company has evaluated whether there are conditions and events, considered in the aggregate, that raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date the financial statements are issued. As of June 30, 2021, the Company had working capital of $ 11,657,250 14,901,211 12,266,597 During the six month ended June 30, 2021 the Company through its Reg-A public offering, private placement offering, and exercises of warrants had raised in aggregate of approximately $ 12,700,000 2,500,000 50,000,000 4 0.20 4.30 0.22 Based on the Company’s future operating plans, existing cash of $ 12,266,597 10,000,000 Worksport Ltd. Notes to the Condensed Consolidated Financial Statements (Unaudited) |
Significant Accounting Policies
Significant Accounting Policies | 6 Months Ended |
Jun. 30, 2021 | |
Accounting Policies [Abstract] | |
Significant Accounting Policies | 2. Significant Accounting Policies The accounting polices used in the preparation of these condensed consolidated interim financial statements are consistent with those of the Company’s audited financial statements for the year ended December 31, 2020 in addition to: Property and Equipment ● Automobile 5 years |
Inventory
Inventory | 6 Months Ended |
Jun. 30, 2021 | |
Inventory Disclosure [Abstract] | |
Inventory | 3. Inventory Inventory consists of the following at June 30, 2021 and December 31, 2020: 2021 2020 Finished goods $ 64,990 $ 32,358 Promotional items 552 552 Raw materials 7,893 7,893 Inventory $ 73,435 $ 40,803 Prepaid inventory $ 179,713 $ - |
Promissory Notes
Promissory Notes | 6 Months Ended |
Jun. 30, 2021 | |
Debt Disclosure [Abstract] | |
Promissory Notes | 4. Promissory Notes The following tables shows the balance of the notes payable as of June 30, 2021 and December 31, 2020: Schedule of Notes Payable Balance as at December 31, 2019 $ 267,881 Reclassification 99,177 Balance as at December 31, 2020 $ 367,058 Repayment (103,847 ) Balance as at June 30, 2021 $ 263,211 During the year ended December 30, 2020, the Company reclassified $ 88,120 During the year ended December 30, 2020, the Company reclassified a debit balance of $ 11,058 During the year ended December 31, 2016, the Company issued a secured promissory note in the amount of $ 73,452 123,231 22,639 30,884 18 96,091 123,231 96,091 123,231 57,582 75,102 48,770 64,102 During the year ended December 31, 2016, the Company issued secured promissory notes in the amount of $ 79,000 18 79,000 79,000 38,032 31,000 During the years ended December 31, 2017, the Company issued secured promissory notes in the amount of $ 53,848 67,700 The secured promissory notes were due in October and November 2018 12 62,905 80,108 53,848 14,740 5,682 Worksport Ltd. Notes to the Condensed Consolidated Financial Statements (Unaudited) 4. Promissory Notes During the years ended December 31, 2017, the Company issued secured promissory notes in the amount of $ 60,000 The secured promissory notes are due in August and November 2018 12 November 3, 2020 10,000 36,048 720,966 0.09 73,886 8,997 The amounts repayable under promissory notes and secured promissory notes at June 30, 2021 and December 31, 2020: Schedule of Secured Notes Payable June 30, 2021 December 31, 2020 Balance owing $ 263,211 $ 367,058 Less amounts due within one year (263,211 ) (367,058 ) Long-term portion $ - $ - |
Convertible Promissory Notes
Convertible Promissory Notes | 6 Months Ended |
Jun. 30, 2021 | |
Debt Disclosure [Abstract] | |
Convertible Promissory Notes | 5. Convertible Promissory Notes On February 25, 2020, the Company entered into an agreement with Leonite Capital LLC, a Delaware limited liability company (“Leonite”), pursuant to which the Company issued to Leonite a secured convertible promissory note in the aggregate principal amount of $ 544,425 22,500 450,000 five 45,000 900,000 2.00 0.10 The note carries an original issue discount of $ 44,425 500,000 198,715 182,500 16,215 310,322 285,000 25,322 509,037 467,500 41,537 22,500 450,000 123,390 344,110 226,839 126,022 2,520,434 1.80 0.09 182,565 44,274 204,622 4,092,431 1.80 0.09 368,319 325,667 42,651 148,027 The Company amortized $ 58,146 11,677 0 12,715 0 183,538 0 170,823 Worksport Ltd. Notes to the Condensed Consolidated Financial Statements (Unaudited) |
Shareholders_ Equity (Deficit)
Shareholders’ Equity (Deficit) | 6 Months Ended |
Jun. 30, 2021 | |
Equity [Abstract] | |
Shareholders’ Equity (Deficit) | 6. Shareholders’ Equity (Deficit) During the six months ended June 30, 2021 the Company issued a total of 1,502,409 30,048,199 15,500 312,000 31,200 750 15,000 1,500 123,984 During the same period 1,409,123 28,182,451 1,409,122 28,182,451 1,311,394 26,227,876 5,245,592 97,729 1,954,575 390,915 During the six months ended June 30, 2021 the Company raised $ 4,081,980 2,040,990 40,819,800 During the six months ended June 30, 2021 the Company entered into consulting agreements with third party consultants for 370,000 7,400,000 1,588,000 337,145 During the six months ended June 30, 2021 the Company issued 259,808 5,196,154 741,159 241,559 150,000 3,000,000 390,000 3,350 67,000 24,121 During the six months ended June 30, 2021 the Company entered into a loan settlement agreement with a loan holder to issue 62,006 1,240,111 1.80 0.09 111,611 157,787 46,176 62,006 1,240,111 During the six months ended June 30, 2021 the Company entered into a promissory notes payable settlement agreement with a note holder to issue 36,048 (720,996 pre-stock split) common shares valued at $ 1.80 0.09 64,891 73,886 8,997 36,048 720,966 During the six months ended June 30, 2021 the Company entered into a settlement agreement with the convertible promissory note holder to settle all outstanding principal and interest. The Company issued 204,622 4,092,431 1.80 0.09 368,318 325,667 42,651 39,512 790,243 39,512 790,243 During the six months ended June 30, 2021 the Company issued 1,717,535 34,350,697 During the six-months ended June 30, 2020 the Company issued 66,667 1,333,333 12,000 240,000 1.80 0.09 1.40 0.07 16,800 6,620 During the six-months ended June 30, 2020 the Company entered into a share subscription agreement with a consultant of the Company for 200,000 4,000,000 107,500 2,150,000 67,188 62,500 During the six-months ended June 30, 2020 the Company issued a consultant 200,000 4,000,000 456,000 During the six-months ended June 30, 2020 the Company issued 22,942 458,834 55,000 During the six-months ended June 30, 2020 the Company issued 22,500 450,000 5.40 0.27 During the six-months ended June 30, 2020 the Company entered into a settlement to fulfill a debt purchase agreement entered in 2017 for 134,049 2,680,981 138,818 109,548 2,190,959 Worksport Ltd. Notes to the Condensed Consolidated Financial Statements (Unaudited) 6. Shareholders’ Equity (Deficit) (continued) During the six-months ended June 30, 2020, Steven Rossi (the Company’s CEO) was issued 1,000 0.09 As of June 30, 2021, the Company was authorized to issue 299,000,000 0.0001 100,000 0.0001 Series B preferred Stock have voting rights equal to 10,000 shares of common stock, per share of preferred stock. |
Related Party Transactions
Related Party Transactions | 6 Months Ended |
Jun. 30, 2021 | |
Related Party Transactions [Abstract] | |
Related Party Transactions | 7. Related Party Transactions During the six months ended June 30, 2021, the Company recorded salaries expense of $ 77,026 31,837 During the six months ended June 30, 2021 the Company repaid $ 36,494 10,563 25,931 2,538 During the six months ended June 30, 2021 the Company paid a director of the Company $ 50,000 During the six months ended June 30, 2021, the Company paid $ 59,203 |
Changes in Cash Flows from Oper
Changes in Cash Flows from Operating Assets and Liabilities | 6 Months Ended |
Jun. 30, 2021 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Changes in Cash Flows from Operating Assets and Liabilities | 8. Changes in Cash Flows from Operating Assets and Liabilities The changes to the Company’s operating assets and liabilities for the six months ended June 30, 2021 and 2020 are as follows: Schedule of Changes in Operating Assets and Liabilities 2021 2020 Decrease (increase) in accounts receivable $ 16,504 $ (35,406 ) Decrease (increase) in other receivable 116,997 9,657 Decrease (increase) in inventory and prepaid inventory (212,344 ) 60,136 Decrease (increase) in prepaid expenses and deposits (220,841 ) (20,925 ) Increase (decrease) in lease liability 1,823 (14,390 ) Increase (decrease) in payroll taxes payable 2,970 (14,061 ) Increase (decrease) in accounts payable and accrued liabilities (34,428 ) (1,042 ) Changes in operating assets and liabilities $ (329,319 ) $ (16,031 ) |
Commitments and contingencies
Commitments and contingencies | 6 Months Ended |
Jun. 30, 2021 | |
Commitments and Contingencies Disclosure [Abstract] | |
Commitments and contingencies | 9. Commitments and contingencies During the six months ended June 30, 2021 the Company entered into an amended agreement to reserve an additional 150,000 7,500 100,000 5,000 12,500 250,000 During the year ended December 31, 2020 the Company (defendant) is currently in an ongoing legal proceeding with a promissory notes payable holder (plaintiff). As June 30, 2021, the outcome of the legal proceeding is uncertain. During the year ended December 31, 2020, the Company reached a legal settlement with a supplier in which the Company is obligated to pay $ 6,037 24,148 Worksport Ltd. Notes to the Condensed Consolidated Financial Statements (Unaudited) |
Lease Liabilities
Lease Liabilities | 6 Months Ended |
Jun. 30, 2021 | |
Lease Liabilities | |
Lease Liabilities | 10. Lease Liabilities During the six months ended June 30, 2021 the Company entered into a second lease agreement for warehouse space to commence on June 1, 2021 and end on May 31, 2024 19,910 July 31, 2022 2,221 The Company has accounted for its leases upon adoption of ASC 842 whereby it recognizes a lease liability and a right-of-use asset at the date of initial application, beginning January 1, 2019. The lease liability is measured at the present value of the remaining lease payments, discounted using the Company’s incremental borrowing rate of 10% The Company’s right-of-use asset for the six months ended June 30, 2021 as follows: Schedule Right-of-use Asset 2021 Right-of-use asset $ 631,753 Current lease liability $ 213,775 Long-term lease liability $ 420,369 The components of lease expense are as follows: Schedule of Components of Lease Expense June 30, 2021 June 30, 2020 Amortization of right-of-use $ 28,927 $ 10,540 Interest on lease liability $ 6,704 $ 2,789 Total lease cost $ 35,631 $ 13,329 Maturities of lease liability are as follows: Future minimum lease payments as of June 30, 2021, Schedule of Future Minimum Lease Payments 2021 (remainder of year) 132,788 2022 254,469 2023 238,918 2024 99,549 Total future minimum lease payments 725,724 Less: amount representing interest (91,580 ) Present value of future payments 634,144 Current portion 213,775 Long term portion $ 420,369 |
Loan payable
Loan payable | 6 Months Ended |
Jun. 30, 2021 | |
Loan Payable | |
Loan payable | 11. Loan payable During the year ended December 31, 2020 the Company received loans of $ 32,439 10,000 108,000 10% August 31, 2021 62,006 1,240,111 1.80 0.09 1,319 0 150,439 7,348 8,997 During the year ended December 31, 2020 the Company received $ 28,387 40,000 25 28,387 40,000 Worksport Ltd. Notes to the Condensed Consolidated Financial Statements (Unaudited) |
Government Assistance
Government Assistance | 6 Months Ended |
Jun. 30, 2021 | |
Government Assistance | |
Government Assistance | 12. Government Assistance The Government of Canada is currently providing funding through the Canada Emergency Wage Subsidy (“CEWS”) and Canada Emergency Rent Subsidy (“CERS”) programs in order to provide financial relief to Canadian businesses affected by COVID-19. The CEWS program provides a reimbursement of salaries for eligible employers based on a decrease in revenues. The CERS program provides a reimbursement of rent expenses paid by eligible parties based on a decrease in revenues. During the three and six months ended June 30, 2021, the Company recognized CEWS of $ 51,606 63,905 4,971 6,000 |
Loss per Share
Loss per Share | 6 Months Ended |
Jun. 30, 2021 | |
Earnings Per Share [Abstract] | |
Loss per Share | 13. Loss per Share For the three and six months ended June 30, 2021, loss per Share is $( 0.08 0.27 0.08 0.15 9,827,576 7,505,625 2,466,875 2,360,511 There are 299,000,000 11,148,292 2,636,496 619,395 2,961,580 5,002,570 5,002,570 45,000 45,000 110,397 155,397 |
Warrants
Warrants | 6 Months Ended |
Jun. 30, 2021 | |
Warrants | |
Warrants | 14. Warrants During the six months ended June 30, 2021, a total of 1,448,635 ( 28,972,694 pre-stock split) warrants were exercised for 1,448,635 ( 28,972,694 pre-stock split) common shares. 1,409,122 ( 28,182,451 4.00 0.20 39,512 790,243 1,350,906 27,018,120 97,729 1,954,575 During the six months ended June 30, 2021, the Company issued 1,502,410 30,048,199 2,040,990 40,819,800 warrants convertible to 1 and 2 common shares 12 18 4.00 0.20 During the six months ended June 30, 2021 the Company and warrant holder reached an agreement to amend a previous warrant agreement. The Company will issue an additional 150,000 250,000 1 2 As of June 30, 2021, the Company has the following warrants outstanding: Schedule of Warrants Exercise Price Exercise price Number outstanding Remaining Contractual Life (Years) Expiry date $ 4.00 563 0.42 December 1, 2021 $ 4.00 29,568 0.55 February 24, 2022 $ 40.00 12,500 4.55 January 14, 2026 $ 2.00 247 3.66 February 25, 2025 $ 2.40 3,125 3.72 March 20, 2025 $ 4.00 102,050 1.25 October 1, 2022 148,079 1.76 Schedule of Warrants Activity June 30, 2021 December 31, 2020 Number of warrants Weighted average price Number of warrants Weighted average price Balance, beginning of year 716,815 $ 4.00 - $ - Issuance 3,643,400 $ 4.20 716,815 $ 4.00 Exercise (1,448,635 ) $ (4.00 ) - $ - Balance, end of period 2,961,580 $ 4.20 716,815 $ 4.00 Worksport Ltd. Notes to the Condensed Consolidated Financial Statements (Unaudited) |
COVID-19
COVID-19 | 6 Months Ended |
Jun. 30, 2021 | |
Covid-19 | |
COVID-19 | 15. COVID-19 The recent outbreak of the novel coronavirus, specifically identified as “COVID-19”, has resulted in governments worldwide enacting emergency measures to combat the spread of the virus. These measures, which include the implementation of travel bans, self-imposed quarantine periods and social distancing, have caused material disruption to businesses globally resulting in an economic slowdown. Global equity markets have experienced significant volatility and weakness. Governments and central banks have reacted with significant monetary and fiscal interventions designed to stabilize economic conditions. The duration and impact of the COVID-19 outbreak is unknown at this time, as is the efficacy of the government and central bank interventions. Additionally, while the potential economic impact brought by, and the duration of the COVID-19 pandemic is difficult to assess or predict, the impact of the COVID-19 pandemic on the global financial markets may reduce our ability to access capital, which could negatively impact our short-term and long-term liquidity. The ultimate impact of the COVID-19 pandemic is highly uncertain and subject to change. We do not yet know the full extent of potential delays or impacts on our business, financing or mining production activities or the ore and mining industry or the global economy as a whole. However, these effects could have a material impact on our liquidity, capital resources, operations and business and those of the third parties on which we rely. The management and board of the Company is constantly monitoring this situation to minimize potential losses |
Subsequent Events
Subsequent Events | 6 Months Ended |
Jun. 30, 2021 | |
Subsequent Events [Abstract] | |
Subsequent Events | 16. Subsequent Events The Company has evaluated subsequent events through August 16, 2021 which is the date the financial statements were available to be issued and the following events after year end occurred: ● On May 21, 2021, the Board of Directors authorized the submission of a Certificate of Change/Amendment to the Nevada Secretary of State in which the Company sought to affect a reverse split of its common stock at the rate of 1 for 20 1 for 20 reverse stock split ● On August 3, 2021 immediately following the share consolidation the anti-dilution feature dated January 1, 2021 came into effect. As part of the anti-dilution feature the Company is obligated to issue an additional 237,500 0.37 86,688 86,688 ● Subsequent to quarter ended June 30, 2021, 207,425 4,148,500 207,425 4,148,500 829,700 ● On August 6, 2021 the Company closed on a public offering whereby 3,272,727 5.12 6.05 490,909 |
Significant Accounting Polici_2
Significant Accounting Policies (Policies) | 6 Months Ended |
Jun. 30, 2021 | |
Accounting Policies [Abstract] | |
Property and Equipment | Property and Equipment ● Automobile 5 years |
Inventory (Tables)
Inventory (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
Inventory Disclosure [Abstract] | |
Schedule of Inventory | Inventory consists of the following at June 30, 2021 and December 31, 2020: 2021 2020 Finished goods $ 64,990 $ 32,358 Promotional items 552 552 Raw materials 7,893 7,893 Inventory $ 73,435 $ 40,803 Prepaid inventory $ 179,713 $ - |
Promissory Notes (Tables)
Promissory Notes (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
Debt Disclosure [Abstract] | |
Schedule of Notes Payable | The following tables shows the balance of the notes payable as of June 30, 2021 and December 31, 2020: Schedule of Notes Payable Balance as at December 31, 2019 $ 267,881 Reclassification 99,177 Balance as at December 31, 2020 $ 367,058 Repayment (103,847 ) Balance as at June 30, 2021 $ 263,211 |
Schedule of Secured Notes Payable | The amounts repayable under promissory notes and secured promissory notes at June 30, 2021 and December 31, 2020: Schedule of Secured Notes Payable June 30, 2021 December 31, 2020 Balance owing $ 263,211 $ 367,058 Less amounts due within one year (263,211 ) (367,058 ) Long-term portion $ - $ - |
Changes in Cash Flows from Op_2
Changes in Cash Flows from Operating Assets and Liabilities (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Schedule of Changes in Operating Assets and Liabilities | The changes to the Company’s operating assets and liabilities for the six months ended June 30, 2021 and 2020 are as follows: Schedule of Changes in Operating Assets and Liabilities 2021 2020 Decrease (increase) in accounts receivable $ 16,504 $ (35,406 ) Decrease (increase) in other receivable 116,997 9,657 Decrease (increase) in inventory and prepaid inventory (212,344 ) 60,136 Decrease (increase) in prepaid expenses and deposits (220,841 ) (20,925 ) Increase (decrease) in lease liability 1,823 (14,390 ) Increase (decrease) in payroll taxes payable 2,970 (14,061 ) Increase (decrease) in accounts payable and accrued liabilities (34,428 ) (1,042 ) Changes in operating assets and liabilities $ (329,319 ) $ (16,031 ) |
Lease Liabilities (Tables)
Lease Liabilities (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
Lease Liabilities | |
Schedule Right-of-use Asset | The Company’s right-of-use asset for the six months ended June 30, 2021 as follows: Schedule Right-of-use Asset 2021 Right-of-use asset $ 631,753 Current lease liability $ 213,775 Long-term lease liability $ 420,369 |
Schedule of Components of Lease Expense | The components of lease expense are as follows: Schedule of Components of Lease Expense June 30, 2021 June 30, 2020 Amortization of right-of-use $ 28,927 $ 10,540 Interest on lease liability $ 6,704 $ 2,789 Total lease cost $ 35,631 $ 13,329 |
Schedule of Future Minimum Lease Payments | Future minimum lease payments as of June 30, 2021, Schedule of Future Minimum Lease Payments 2021 (remainder of year) 132,788 2022 254,469 2023 238,918 2024 99,549 Total future minimum lease payments 725,724 Less: amount representing interest (91,580 ) Present value of future payments 634,144 Current portion 213,775 Long term portion $ 420,369 |
Warrants (Tables)
Warrants (Tables) | 6 Months Ended |
Jun. 30, 2021 | |
Warrants | |
Schedule of Warrants Exercise Price | As of June 30, 2021, the Company has the following warrants outstanding: Schedule of Warrants Exercise Price Exercise price Number outstanding Remaining Contractual Life (Years) Expiry date $ 4.00 563 0.42 December 1, 2021 $ 4.00 29,568 0.55 February 24, 2022 $ 40.00 12,500 4.55 January 14, 2026 $ 2.00 247 3.66 February 25, 2025 $ 2.40 3,125 3.72 March 20, 2025 $ 4.00 102,050 1.25 October 1, 2022 148,079 1.76 |
Schedule of Warrants Activity | Schedule of Warrants Activity June 30, 2021 December 31, 2020 Number of warrants Weighted average price Number of warrants Weighted average price Balance, beginning of year 716,815 $ 4.00 - $ - Issuance 3,643,400 $ 4.20 716,815 $ 4.00 Exercise (1,448,635 ) $ (4.00 ) - $ - Balance, end of period 2,961,580 $ 4.20 716,815 $ 4.00 |
Basis of Presentation and Bus_2
Basis of Presentation and Business Condition (Details Narrative) - USD ($) | May 21, 2021 | Jun. 30, 2021 | Aug. 31, 2021 | May 31, 2021 | Dec. 31, 2020 |
Entity Listings [Line Items] | |||||
Loss on foreign exchange | $ 29,940 | ||||
Working capital | 11,657,250 | ||||
Accumulated deficit | 14,901,211 | $ 12,866,033 | |||
Cash and cash equivalents | (12,266,597) | $ (1,107,812) | |||
Proceeds from offerings | 12,700,000 | ||||
Pre Stock Split Warrants | 2,500,000 | ||||
Pre Stock Split Share Warrant | $ 4 | ||||
Pre Stock Split Warrant Shares | $ 4.30 | ||||
Proceeds from sale of equity | 12,266,597 | ||||
Possible warrant exercise | 10,000,000 | ||||
Pre Stock Split [Member] | |||||
Entity Listings [Line Items] | |||||
Pre Stock Split Warrants | 50,000,000 | ||||
Pre Stock Split Share Warrant | $ 0.20 | ||||
Pre Stock Split Warrant Shares | $ 0.22 | ||||
Proceeds from sale of equity | $ 40,819,800 | ||||
FINRA [Member] | |||||
Entity Listings [Line Items] | |||||
Reverse Stock Split | 1 for 20 reverse stock split |
Significant Accounting Polici_3
Significant Accounting Policies (Details Narrative) | 6 Months Ended |
Jun. 30, 2021 | |
Automobiles [Member] | |
Property, Plant and Equipment [Line Items] | |
Property and equipment estimated useful lives | 5 years |
Schedule of Inventory (Details)
Schedule of Inventory (Details) - USD ($) | Jun. 30, 2021 | Dec. 31, 2020 |
Inventory Disclosure [Abstract] | ||
Finished goods | $ 64,990 | $ 32,358 |
Promotional items | 552 | 552 |
Raw materials | 7,893 | 7,893 |
Inventory | 73,435 | 40,803 |
Prepaid inventory | $ 179,713 |
Schedule of Notes Payable (Deta
Schedule of Notes Payable (Details) - USD ($) | 6 Months Ended | 12 Months Ended |
Jun. 30, 2021 | Dec. 31, 2020 | |
Debt Disclosure [Abstract] | ||
Notes payable beginning balance | $ 367,058 | $ 267,881 |
Reclassification | 99,177 | |
Notes payable ending balance | 263,211 | $ 367,058 |
Repayment | $ (103,847) |
Schedule of Secured Notes Payab
Schedule of Secured Notes Payable (Details) - USD ($) | Jun. 30, 2021 | Dec. 31, 2020 |
Debt Disclosure [Abstract] | ||
Balance owing | $ 263,211 | $ 367,058 |
Less amounts due within one year | (263,211) | (367,058) |
Long-term portion |
Promissory Notes (Details Narra
Promissory Notes (Details Narrative) | 3 Months Ended | 6 Months Ended | 12 Months Ended | |||||||||
Jun. 30, 2021USD ($)$ / shares | Jun. 30, 2020USD ($)$ / shares | Jun. 30, 2021USD ($)$ / sharesshares | Jun. 30, 2020USD ($)$ / shares | Dec. 31, 2019USD ($) | Dec. 31, 2017USD ($) | Jun. 30, 2021CAD ($) | Dec. 31, 2020USD ($) | Dec. 31, 2020CAD ($) | Dec. 31, 2018USD ($) | Dec. 31, 2017CAD ($) | Dec. 31, 2016USD ($) | |
Debt Instrument [Line Items] | ||||||||||||
Notes payable | $ 88,120 | |||||||||||
Other receivable | 11,058 | |||||||||||
Outstanding principal amount | $ 53,848 | $ 53,848 | ||||||||||
Interest outstanding | 14,740 | 14,740 | ||||||||||
Gain (Loss) on Extinguishment of Debt | 8,997 | $ 18,204 | ||||||||||
Shares issued | shares | 36,048 | |||||||||||
Gain On Settlement | $ 8,997 | |||||||||||
Loans Payable [Member] | ||||||||||||
Debt Instrument [Line Items] | ||||||||||||
Interest outstanding | $ 7,348 | $ 7,348 | ||||||||||
Stock price per share | $ / shares | $ 0.09 | $ 0.09 | ||||||||||
Gain On Settlement | $ 8,997 | |||||||||||
Loans Payable [Member] | Promissory Note Holder [Member] | ||||||||||||
Debt Instrument [Line Items] | ||||||||||||
Interest outstanding | $ 73,886 | 73,886 | ||||||||||
Gain On Settlement | $ 8,997 | |||||||||||
Pre Stock Split [Member] | ||||||||||||
Debt Instrument [Line Items] | ||||||||||||
Shares issued | shares | 30,048,199 | |||||||||||
Stock price per share | $ / shares | $ 0.27 | $ 0.27 | ||||||||||
Secured Promissory Note [Member] | ||||||||||||
Debt Instrument [Line Items] | ||||||||||||
Secured debt | $ 73,452 | |||||||||||
Outstanding principal amount | 96,091 | $ 96,091 | 96,091 | |||||||||
Interest outstanding | 57,582 | 57,582 | 48,770 | |||||||||
Secured Promissory Note [Member] | Promissory Note Holders [Member] | ||||||||||||
Debt Instrument [Line Items] | ||||||||||||
Outstanding principal amount | 62,905 | 62,905 | ||||||||||
Gain (Loss) on Extinguishment of Debt | 5,682 | |||||||||||
Secured Promissory Note [Member] | Canadian Dollars [Member] | ||||||||||||
Debt Instrument [Line Items] | ||||||||||||
Secured debt | 123,231 | |||||||||||
Secured Promissory Note [Member] | Canadian Dollars [Member] | Promissory Note Holders [Member] | ||||||||||||
Debt Instrument [Line Items] | ||||||||||||
Outstanding principal amount | $ 80,108 | |||||||||||
Unsecured Promissory Note [Member] | ||||||||||||
Debt Instrument [Line Items] | ||||||||||||
Unsecured debt | $ 22,639 | |||||||||||
Debt interest rate | 18.00% | |||||||||||
Unsecured Promissory Note [Member] | Canadian Dollars [Member] | ||||||||||||
Debt Instrument [Line Items] | ||||||||||||
Unsecured debt | $ 30,884 | |||||||||||
Outstanding principal amount | 123,231 | $ 123,231 | ||||||||||
Interest outstanding | $ 75,102 | $ 64,102 | ||||||||||
Secured Promissory Note One [Member] | ||||||||||||
Debt Instrument [Line Items] | ||||||||||||
Secured debt | $ 53,848 | $ 79,000 | ||||||||||
Debt interest rate | 12.00% | 12.00% | 18.00% | |||||||||
Outstanding principal amount | 79,000 | 79,000 | 79,000 | |||||||||
Interest outstanding | $ 38,032 | $ 38,032 | $ 31,000 | |||||||||
Debt instrument maturity date, description | The secured promissory notes are due in August and November 2018 | |||||||||||
Secured Promissory Note One [Member] | Canadian Dollars [Member] | ||||||||||||
Debt Instrument [Line Items] | ||||||||||||
Secured debt | $ 67,700 | |||||||||||
Secured Promissory Note Two [Member] | ||||||||||||
Debt Instrument [Line Items] | ||||||||||||
Secured debt | $ 60,000 | |||||||||||
Debt interest rate | 12.00% | 12.00% | ||||||||||
Debt instrument maturity date, description | The secured promissory notes were due in October and November 2018 | |||||||||||
Debt instrument extended maturity date | Nov. 3, 2020 | |||||||||||
Repayment from secured debt | $ 10,000 | |||||||||||
Secured Debt [Member] | Pre Stock Split [Member] | ||||||||||||
Debt Instrument [Line Items] | ||||||||||||
Shares issued | shares | 720,966 |
Convertible Promissory Notes (D
Convertible Promissory Notes (Details Narrative) - USD ($) | Feb. 25, 2021 | Feb. 25, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | Dec. 31, 2020 | Aug. 31, 2021 | Sep. 01, 2020 | Feb. 28, 2020 |
Debt Instrument [Line Items] | ||||||||||
Principal amount | $ 53,848 | $ 53,848 | ||||||||
Shares issued | 36,048 | |||||||||
Pre stock split common shares | 2,500,000 | |||||||||
Warrants exercise per share | $ 4 | |||||||||
Number of shares issued of common stock, value | $ 2,970,621 | |||||||||
Debt discount | 211,340 | $ 3,735 | ||||||||
Debt conversion of shares, value | 368,318 | |||||||||
Recognized loss settlement of debt | $ 8,997 | $ 18,204 | ||||||||
Warrant [Member] | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Shares issued | 1,311,394 | |||||||||
Debt conversion of shares | 5,002,570 | 155,397 | ||||||||
Common Stock [Member] | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Shares issued | 1,502,409 | |||||||||
Number of shares issued of common stock, value | $ 150 | |||||||||
Debt conversion of shares, value | $ 20 | |||||||||
Debt conversion of shares | 204,622 | |||||||||
Share issued price per shares | $ 1.80 | $ 1.80 | ||||||||
Pre Stock Split [Member] | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Shares issued | 30,048,199 | |||||||||
Pre stock split common shares | 50,000,000 | |||||||||
Warrants exercise per share | $ 0.20 | |||||||||
Share issued price per shares | $ 0.27 | $ 0.27 | ||||||||
Pre Stock Split [Member] | Warrant [Member] | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Shares issued | 26,227,876 | |||||||||
Pre Stock Split [Member] | Common Stock [Member] | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Share issued price per shares | $ 0.09 | $ 0.09 | ||||||||
Leonite Capital LLC [Member] | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Principal amount | $ 509,037 | $ 544,425 | $ 310,322 | $ 198,715 | ||||||
Shares issued | 22,500 | 22,500 | ||||||||
Warrant term | 5 years | |||||||||
Pre stock split common shares | 45,000 | |||||||||
Warrants exercise per share | $ 2 | |||||||||
Original issue discount | $ 44,425 | $ 41,537 | $ 41,537 | 25,322 | 16,215 | |||||
Purchase price | $ 500,000 | |||||||||
Convertible debt | $ 467,500 | $ 285,000 | $ 182,500 | |||||||
Number of shares issued of common stock, value | $ 123,390 | |||||||||
Leonite Capital LLC [Member] | Convertible Debt [Member] | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Principal amount | $ 182,565 | |||||||||
Debt conversion of shares, value | $ 226,839 | |||||||||
Debt conversion of shares | 126,022 | |||||||||
Recognized loss settlement of debt | $ 44,274 | |||||||||
Leonite Capital LLC [Member] | Warrant [Member] | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Debt discount | 344,110 | |||||||||
Amortization of financial costs | 58,146 | $ 11,677 | ||||||||
Leonite Capital LLC [Member] | Common Stock [Member] | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Principal amount | $ 325,667 | 325,667 | ||||||||
Number of shares issued of common stock, value | 368,319 | |||||||||
Debt discount | $ 148,027 | |||||||||
Share issued price per shares | $ 1.80 | $ 1.80 | $ 1.80 | |||||||
Recognized loss settlement of debt | $ 42,651 | |||||||||
Leonite Capital LLC [Member] | Pre Stock Split [Member] | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Shares issued | 450,000 | |||||||||
Pre stock split common shares | 900,000 | |||||||||
Warrants exercise per share | $ 0.10 | |||||||||
Debt conversion of shares | 4,092,431 | 2,520,434 | ||||||||
Share issued price per shares | $ 0.09 | $ 0.09 | $ 0.09 | |||||||
Leonite Capitals LLC [Member] | ||||||||||
Debt Instrument [Line Items] | ||||||||||
Principal amount | $ 0 | $ 0 | $ 183,538 | |||||||
Original issue discount | 0 | 0 | 170,823 | |||||||
Convertible debt | $ 0 | $ 0 | $ 12,715 |
Shareholders_ Equity (Deficit)
Shareholders’ Equity (Deficit) (Details Narrative) - USD ($) | Aug. 03, 2021 | Jul. 03, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | Dec. 31, 2020 |
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of common stock shares | 36,048 | |||||
Shares issued, amount | $ 2,970,621 | |||||
Warrant exercised | 1,448,635 | |||||
Proceeds from Issuance of Private Placement | $ 12,266,597 | |||||
Value, Issued for Services | $ 136,800 | $ 136,800 | ||||
Issuance of shares for services, shares | 12,000 | |||||
Share subscriptions payable | $ 833,229 | $ 379,428 | ||||
Common stock, shares issued | 2,636,496 | 162,763,986 | 2,636,496 | 3,820,618 | ||
Employee Benefits and Share-based Compensation | $ 24,121 | |||||
Loans Payable | 157,787 | |||||
Gain on settlement | $ 8,997 | |||||
Prepaid Advertising | $ 16,800 | $ 16,800 | ||||
Prepaid Expense | $ 6,620 | $ 6,620 | ||||
Common stock, par value | $ 0.09 | $ 0.0001 | $ 0.09 | $ 0.0001 | ||
Common stock, shares authorized | 299,000,000 | 299,000,000 | 299,000,000 | 299,000,000 | ||
Series A Preferred Stock [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Common stock, par value | $ 0.0001 | |||||
Preferred stock voting rights | Series B preferred Stock have voting rights equal to 10,000 shares of common stock, per share of preferred stock. | |||||
Series B Preferred Stock [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Common stock, shares authorized | 100,000 | |||||
Steven Rossi [Member] | Series A Preferred Stock [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 1,717,535 | |||||
Chief Executive Officer [Member] | Series A Preferred Stock [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Common stock, shares issued | 1,000 | 1,000 | ||||
Secured Debt [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Loans Payable | $ 73,886 | |||||
Secured Debt [Member] | Promissory Note Holder [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Loans Payable | $ 325,667 | |||||
Convertible Debt [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Warrants On Cashless Basis | 39,512 | |||||
Consulting Services [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Value, Issued for Services | $ 741,159 | |||||
Issuance of shares for services, shares | 259,808 | |||||
Consulting Services One [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Value, Issued for Services | $ 390,000 | |||||
Issuance of shares for services, shares | 62,006 | |||||
Consulting Agreement [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Value, Issued for Services | $ 370,000 | |||||
Share subscriptions payable | 337,145 | |||||
Settlement Agreement [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Value, Issued for Services | $ 64,891 | |||||
Issuance of shares for services, shares | 62,006 | 138,818 | ||||
Shares Issued, Price Per Share | $ 5.40 | $ 5.40 | ||||
Gain on settlement | $ 46,176 | |||||
Settlement Agreement [Member] | Promissory Note Holder [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Warrant exercised | 39,512 | |||||
Value, Issued for Services | $ 368,318 | |||||
Issuance of shares for services, shares | 204,622 | 1.40 | ||||
Gain on settlement | $ 42,651 | |||||
Settlement Agreement [Member] | Consulting Services One [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 36,048 | |||||
Share Subscription Agreements [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 200,000 | |||||
Share Subscription Agreement [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Value, Issued for Services | $ 67,188 | |||||
Issuance of shares for services, shares | 107,500 | |||||
Prepaid Expense | $ 62,500 | $ 62,500 | ||||
Share Subscription Agreement [Member] | Consultant [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Value, Issued for Services | $ 456,000 | |||||
Issuance of shares for services, shares | 200,000 | |||||
Debt Purchase Agreement [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of common stock shares | 134,049 | |||||
Issuance of shares for services, shares | 109,548 | |||||
Subsequent Event [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of common stock shares | 237,500 | 97,729 | ||||
Shares issued, amount | $ 86,688 | $ 390,915 | ||||
Share Subscription Payable [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Shares issued, amount | $ (32,700) | |||||
Value, Issued for Services | ||||||
Share Subscription Payable [Member] | Consulting Services [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Value, Issued for Services | $ 241,559 | |||||
Share Subscription Payable [Member] | Consulting Agreement [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 1,588,000 | |||||
Warrant [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of common stock shares | 1,311,394 | |||||
Common Stock [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of common stock shares | 1,502,409 | |||||
Shares issued, amount | $ 150 | |||||
Value, Issued for Services | $ 8 | $ 8 | ||||
Issuance of shares for services, shares | 78,667 | 78,667 | ||||
Shares Issued, Price Per Share | $ 1.80 | |||||
Common Stock [Member] | Consulting Services One [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 150,000 | |||||
Common Stock [Member] | Consulting Services Two [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 3,350 | |||||
Common Stock [Member] | Settlement Agreement [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Value, Issued for Services | $ 111,611 | |||||
Issuance of shares for services, shares | 66,667 | |||||
Shares Issued, Price Per Share | $ 1.80 | $ 1.80 | $ 1.80 | |||
Common Stock [Member] | Share Subscription Agreement [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 22,942 | |||||
Common Stock [Member] | Share Subscription Agreement [Member] | Consultant [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 55,000 | |||||
Common Stock [Member] | Share Subscription Agreement [Member] | Secured Debt [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 22,500 | |||||
Reg-A public offering [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of common stock shares | 1,502,409 | |||||
Pre stock split shares cancelled | 750 | |||||
Number of shares cancelled and refunded | $ 1,500 | |||||
Share issuance cost | $ 123,984 | |||||
Number of warrants | 1,409,123 | |||||
Warrant exercised | 1,409,122 | |||||
Reg-A public offering [Member] | Share Subscription Payable [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of common stock shares | 15,500 | |||||
Shares issued, amount | $ 31,200 | |||||
Reg-A public offering [Member] | Common Stock [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Shares issued, amount | $ 5,245,592 | |||||
Pre Stock Split [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of common stock shares | 30,048,199 | |||||
Pre stock split shares cancelled | 15,000 | |||||
Number of warrants | 28,182,451 | |||||
Proceeds from Issuance of Private Placement | $ 40,819,800 | |||||
Issuance of shares for services, shares | 1,333,333 | |||||
Common stock, shares issued | 67,000 | |||||
Shares Issued, Price Per Share | 0.27 | $ 0.27 | ||||
Pre Stock Split [Member] | Steven Rossi [Member] | Series A Preferred Stock [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 34,350,697 | |||||
Pre Stock Split [Member] | Secured Debt [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of common stock shares | 720,966 | |||||
Pre Stock Split [Member] | Convertible Debt [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Warrants On Cashless Basis | 790,243 | |||||
Pre Stock Split [Member] | Consulting Services [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 5,196,154 | |||||
Pre Stock Split [Member] | Consulting Services One [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 720,966 | |||||
Pre Stock Split [Member] | Consulting Agreement [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Value, Issued for Services | $ 7,400,000 | |||||
Pre Stock Split [Member] | Settlement Agreement [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 1,240,111 | |||||
Pre Stock Split [Member] | Settlement Agreement [Member] | Promissory Note Holder [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Warrant exercised | 790,243 | |||||
Issuance of shares for services, shares | 4,092,431 | 0.07 | ||||
Pre Stock Split [Member] | Settlement Agreement [Member] | Consulting Services One [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 1,240,111 | |||||
Pre Stock Split [Member] | Share Subscription Agreements [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 4,000,000 | |||||
Pre Stock Split [Member] | Share Subscription Agreement [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 2,150,000 | |||||
Pre Stock Split [Member] | Share Subscription Agreement [Member] | Consultant [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 4,000,000 | |||||
Pre Stock Split [Member] | Debt Purchase Agreement [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of common stock shares | 2,680,981 | |||||
Issuance of shares for services, shares | 2,190,959 | |||||
Pre Stock Split [Member] | Subsequent Event [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of common stock shares | 1,954,575 | |||||
Pre Stock Split [Member] | Share Subscription Payable [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of common stock shares | 312,000 | |||||
Pre Stock Split [Member] | Warrant [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of common stock shares | 26,227,876 | |||||
Warrant exercised | 28,182,451 | |||||
Pre Stock Split [Member] | Common Stock [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 450,000 | |||||
Shares Issued, Price Per Share | $ 0.09 | |||||
Pre Stock Split [Member] | Common Stock [Member] | Consulting Services One [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 3,000,000 | |||||
Pre Stock Split [Member] | Common Stock [Member] | Settlement Agreement [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 240,000 | |||||
Shares Issued, Price Per Share | $ 0.09 | $ 0.09 | $ 0.09 | |||
Pre Stock Split [Member] | Common Stock [Member] | Share Subscription Agreement [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of shares for services, shares | 458,834 | |||||
Private Placement [Member] | ||||||
Subsidiary, Sale of Stock [Line Items] | ||||||
Issuance of common stock shares | 2,040,990 | |||||
Proceeds from Issuance of Private Placement | $ 4,081,980 |
Related Party Transactions (Det
Related Party Transactions (Details Narrative) - USD ($) | 6 Months Ended | ||
Jun. 30, 2021 | Jun. 30, 2020 | Dec. 31, 2020 | |
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items] | |||
Related party loan | $ 23,393 | ||
Incurred payable | 25,931 | ||
Amount received from related party | 2,538 | ||
Chief Executive Officer [Member] | |||
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items] | |||
Salaries expense | 77,026 | $ 31,837 | |
Chief Executive Officer [Member] | U.S. Based Corporation [Member] | |||
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items] | |||
Incurred payable | 59,203 | ||
Chief Executive Officer and Director [Member] | |||
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items] | |||
Repayments to related parties | 36,494 | ||
Related party loan | 10,563 | ||
Director [Member] | |||
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items] | |||
Repayments to related parties | $ 50,000 |
Schedule of Changes in Operatin
Schedule of Changes in Operating Assets and Liabilities (Details) - USD ($) | 6 Months Ended | |
Jun. 30, 2021 | Jun. 30, 2020 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
Decrease (increase) in accounts receivable | $ 16,504 | $ (35,406) |
Decrease (increase) in other receivable | 116,997 | 9,657 |
Decrease (increase) in inventory and prepaid inventory | (212,344) | 60,136 |
Decrease (increase) in prepaid expenses and deposits | (220,841) | (20,925) |
Increase (decrease) in lease liability | 1,823 | (14,390) |
Increase (decrease) in payroll taxes payable | 2,970 | (14,061) |
Increase (decrease) in accounts payable and accrued liabilities | (34,428) | (1,042) |
Changes in operating assets and liabilities | $ (329,319) | $ (16,031) |
Commitments and contingencies (
Commitments and contingencies (Details Narrative) - USD ($) | 6 Months Ended | 12 Months Ended | ||
Jun. 30, 2021 | Jun. 30, 2020 | Dec. 31, 2020 | Aug. 31, 2021 | |
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||||
Number of reserve shares of common stock for consulting services | 12,000 | |||
Supplier [Member] | March 1, 2020 [Member] | ||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||||
Payments of legal settlement | $ 6,037 | |||
Supplier [Member] | June 1, 2020 [Member] | ||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||||
Payments of legal settlement | $ 24,148 | |||
Third Party [Member] | ||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||||
Number of reserve shares of common stock for consulting services | 100,000 | |||
Common stock, Shares issued | 12,500 | |||
Pre Stock Split [Member] | ||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||||
Number of reserve shares of common stock for consulting services | 1,333,333 | |||
Pre Stock Split [Member] | Third Party [Member] | ||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||||
Number of reserve shares of common stock for consulting services | 5,000 | |||
Common stock, Shares issued | 250,000 | |||
Amended Agreement [Member] | ||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||||
Number of reserve shares of common stock for consulting services | 150,000 | |||
Amended Agreement [Member] | Pre Stock Split [Member] | ||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||||
Number of reserve shares of common stock for consulting services | 7,500 |
Schedule Right-of-use Asset (De
Schedule Right-of-use Asset (Details) - USD ($) | Jun. 30, 2021 | Dec. 31, 2020 |
Lease Liabilities | ||
Right-of-use asset | $ 631,753 | $ 38,506 |
Current lease liability | 213,775 | 23,883 |
Long-term lease liability | $ 420,369 | $ 14,624 |
Schedule of Components of Lease
Schedule of Components of Lease Expense (Details) - USD ($) | 6 Months Ended | |
Jun. 30, 2021 | Jun. 30, 2020 | |
Lease Liabilities | ||
Amortization of right-of-use | $ 28,927 | $ 10,540 |
Interest on lease liability | 6,704 | 2,789 |
Total lease cost | $ 35,631 | $ 13,329 |
Schedule of Future Minimum Leas
Schedule of Future Minimum Lease Payments (Details) - USD ($) | Jun. 30, 2021 | Dec. 31, 2020 |
Lease Liabilities | ||
2021 (remainder of year) | $ 132,788 | |
2022 | 254,469 | |
2023 | 238,918 | |
2024 | 99,549 | |
Total future minimum lease payments | 725,724 | |
Less: amount representing interest | (91,580) | |
Present value of future payments | 634,144 | |
Current portion | 213,775 | $ 23,883 |
Long term portion | $ 420,369 | $ 14,624 |
Lease Liabilities (Details Narr
Lease Liabilities (Details Narrative) - Lease Agreement Member] - USD ($) | 6 Months Ended | 12 Months Ended |
Jun. 30, 2021 | Dec. 31, 2019 | |
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||
Operating lease, maturity date | May 31, 2024 | Jul. 31, 2022 |
Monthly lease payments | $ 19,910 | $ 2,221 |
Incremental borrowing rate | 10.00% |
Loan payable (Details Narrative
Loan payable (Details Narrative) | 6 Months Ended | 12 Months Ended | ||
Jun. 30, 2021USD ($)$ / sharesshares | Dec. 31, 2020USD ($) | Jun. 30, 2021CAD ($) | Jun. 30, 2020USD ($)$ / shares | |
Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items] | ||||
Loan received amount | $ 28,387 | |||
Shares issued | shares | 36,048 | |||
Accrued interest | $ 0 | |||
Principal amount | $ 157,787 | |||
Interest outstanding | 14,740 | |||
Gain on settlement | 8,997 | |||
Loans payable | $ 28,387 | |||
CAD [Member] | ||||
Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items] | ||||
Loan received amount | 40,000 | |||
Loans payable | $ 40,000 | |||
Pre Stock Split [Member] | ||||
Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items] | ||||
Shares issued | shares | 30,048,199 | |||
Stock price per share | $ / shares | $ 0.27 | |||
Loans Payable [Member] | ||||
Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items] | ||||
Stock price per share | $ / shares | $ 0.09 | |||
Accrued interest | $ 1,319 | |||
Principal amount | 150,439 | |||
Interest outstanding | 7,348 | |||
Gain on settlement | $ 8,997 | |||
Debt description | the Company received $28,387 ($40,000 CDN) interest free from the Government of Canada as part of the COVID-19 small business relief program. Repaying the balance of the loan on or before December 31, 2022 will result in loan forgiveness of 25 percent. | |||
Loan forgiveness percentage | 25.00% | |||
Loans Payable [Member] | Common Stock [Member] | ||||
Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items] | ||||
Shares issued | shares | 62,006 | |||
Stock price per share | $ / shares | $ 1.80 | |||
Loans Payable [Member] | Common Stock [Member] | Pre Stock Split [Member] | ||||
Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items] | ||||
Shares issued | shares | 1,240,111 | |||
Stock price per share | $ / shares | $ 0.09 | |||
Unrelated Third Party One [Member] | ||||
Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items] | ||||
Loan received amount | 32,439 | |||
Unrelated Third Party Two[Member] | ||||
Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items] | ||||
Loan received amount | 10,000 | |||
Unrelated Third Party Third [Member] | ||||
Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items] | ||||
Loan received amount | $ 108,000 | |||
Debt maturity date | Aug. 31, 2021 | |||
Unrelated Third Party [Member] | ||||
Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves [Line Items] | ||||
Interest rate percentage | 10.00% |
Government Assistance (Details
Government Assistance (Details Narrative) - 6 months ended Jun. 30, 2021 | USD ($) | CAD ($) |
Canada Emergency Wage Subsidy [Member] | ||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||
Subsidy received | $ 51,606 | |
Canada Emergency Wage Subsidy [Member] | CAD [Member] | ||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||
Subsidy received | $ 63,905 | |
Canada Emergency Rent Subsidy [Member] | ||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||
Subsidy received | $ 4,971 | |
Canada Emergency Rent Subsidy [Member] | CAD [Member] | ||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||
Subsidy received | $ 6,000 |
Loss per Share (Details Narrati
Loss per Share (Details Narrative) - $ / shares | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | Dec. 31, 2020 | |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||||
Earnings per share basic and diluted | $ 0.08 | $ 0.08 | $ 0.27 | $ 0.15 | |
Weighted average number of shares basic and diluted | (9,827,576) | (2,466,875) | (7,505,625) | (2,360,511) | |
Common stock, shares authorized | 299,000,000 | 299,000,000 | 299,000,000 | 299,000,000 | 299,000,000 |
Common stock, shares issued | 11,148,292 | 11,148,292 | |||
Common stock, shares outstanding | 11,148,292 | 11,148,292 | |||
Common stock, shares issued | 162,763,986 | 2,636,496 | 162,763,986 | 2,636,496 | 3,820,618 |
Common stock, shares outstanding | 162,763,986 | 2,636,496 | 162,763,986 | 2,636,496 | 3,820,618 |
Shares to be issued | 619,395 | 619,395 | |||
Convertible Promissory Note [Member] | |||||
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||||
Debt conversion of shares | 110,397 | ||||
Warrant [Member] | |||||
New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||||
Conversion of stock | 2,961,580 | 45,000 | |||
Warrants convertible shares | 5,002,570 | 45,000 | 5,002,570 | 45,000 | |
Debt conversion of shares | 5,002,570 | 155,397 |
Schedule of Warrants Exercise P
Schedule of Warrants Exercise Price (Details) - $ / shares | 6 Months Ended | |
Jun. 30, 2021 | Aug. 31, 2021 | |
Affiliate, Collateralized Security [Line Items] | ||
Exercise price | $ 4 | |
Number outstanding | 148,079 | |
Weighted average life (years) | 1 year 9 months 3 days | |
Warrants One [Member] | ||
Affiliate, Collateralized Security [Line Items] | ||
Exercise price | $ 4 | |
Number outstanding | 563 | |
Weighted average life (years) | 5 months 1 day | |
Warrants maturity date | Dec. 1, 2021 | |
Warrants Two [Member] | ||
Affiliate, Collateralized Security [Line Items] | ||
Exercise price | $ 4 | |
Number outstanding | 29,568 | |
Weighted average life (years) | 6 months 18 days | |
Warrants maturity date | Feb. 24, 2022 | |
Warrants Three [Member] | ||
Affiliate, Collateralized Security [Line Items] | ||
Exercise price | $ 40 | |
Number outstanding | 12,500 | |
Weighted average life (years) | 4 years 6 months 18 days | |
Warrants maturity date | Jan. 14, 2026 | |
Warrants Four [Member] | ||
Affiliate, Collateralized Security [Line Items] | ||
Exercise price | $ 2 | |
Number outstanding | 247 | |
Weighted average life (years) | 3 years 7 months 28 days | |
Warrants maturity date | Feb. 25, 2025 | |
Warrants Five [Member] | ||
Affiliate, Collateralized Security [Line Items] | ||
Exercise price | $ 2.40 | |
Number outstanding | 3,125 | |
Weighted average life (years) | 3 years 8 months 19 days | |
Warrants maturity date | Mar. 20, 2025 | |
Warrants Six [Member] | ||
Affiliate, Collateralized Security [Line Items] | ||
Exercise price | $ 4 | |
Number outstanding | 102,050 | |
Weighted average life (years) | 1 year 3 months | |
Warrants maturity date | Oct. 1, 2022 |
Schedule of Warrants Activity (
Schedule of Warrants Activity (Details) - $ / shares | 6 Months Ended | 12 Months Ended |
Jun. 30, 2021 | Dec. 31, 2020 | |
Warrants | ||
Number of warrants, Balance, beginning of year | 716,815 | |
Weighted average price, Balance, beginning of year | $ 4 | |
Number of warrants, Issuance | 3,643,400 | 716,815 |
Weighted average price, Issuance | $ 4.20 | $ 4 |
Number of warrants, Exercise | (1,448,635) | |
Weighted average price, Exercise | $ (4) | |
Number of warrants, Exercise | 1,448,635 | |
Number of warrants, Balance, end of period | 2,961,580 | 716,815 |
Weighted average price, Balance, end of period | $ 4.20 | $ 4 |
Warrants (Details Narrative)
Warrants (Details Narrative) - USD ($) | 6 Months Ended | 12 Months Ended | |||
Jun. 30, 2021 | Jun. 30, 2020 | Dec. 31, 2020 | Aug. 31, 2021 | Aug. 16, 2021 | |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Exercised | 1,448,635 | ||||
Stock Issued | $ 549,470 | ||||
Warrants exercise per share | $ 4 | ||||
Warrants exercised cashless basis | 39,512 | ||||
Common Stock, Shares, Issued | 162,763,986 | 2,636,496 | 3,820,618 | ||
Warrant Agreement [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Warrants exercise per share | $ 2 | ||||
Additional warrants issued | 250,000 | ||||
Debt conversion of shares | 1 | ||||
Warrant Agreement [Member] | Warrant Holder [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Additional warrants issued | 150,000 | ||||
Common Stock [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Stock Issued | $ 1,448,635 | ||||
Shares Issued, Price Per Share | $ 1.80 | ||||
Debt conversion of shares | 204,622 | ||||
Warrants One [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Exercised | 1,409,122 | ||||
Warrants exercise per share | $ 4 | ||||
Common Stock, Shares, Issued | 1,350,906 | ||||
Warrant term | 12 months | ||||
Warrants One [Member] | Subsequent Event [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Common Stock, Shares, Issued | 97,729 | ||||
Warrants Two [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Warrants issued | 2,040,990 | ||||
Warrants convertible, description | warrants convertible to 1 and 2 common shares | ||||
Warrant term | 18 months | ||||
Shares Issued, Price Per Share | $ 4 | ||||
Pre Stock Split [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Warrants exercise per share | $ 0.20 | ||||
Warrants exercised cashless basis | 790,243 | ||||
Common Stock, Shares, Issued | 67,000 | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | 28,182,451 | ||||
Shares Issued, Price Per Share | $ 0.27 | ||||
Pre Stock Split [Member] | Common Stock [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Stock Issued | $ 28,972,694 | ||||
Shares Issued, Price Per Share | $ 0.09 | ||||
Pre Stock Split [Member] | Warrants One [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Exercised | 28,182,451 | ||||
Warrants exercise per share | $ 0.20 | ||||
Common Stock, Shares, Issued | 27,018,120 | ||||
Pre Stock Split [Member] | Warrants One [Member] | Subsequent Event [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Common Stock, Shares, Issued | 1,954,575 | ||||
Pre Stock Split [Member] | Warrants Two [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Warrants issued | 40,819,800 | ||||
Shares Issued, Price Per Share | $ 0.20 | ||||
Warrant [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Exercised | 1,448,635 | ||||
Warrant [Member] | Pre Stock Split [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Exercised | 28,972,694 | ||||
Warrants Two [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | 1,502,410 | ||||
Warrants Two [Member] | Pre Stock Split [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | 30,048,199 |
Subsequent Events (Details Narr
Subsequent Events (Details Narrative) - USD ($) | Aug. 06, 2021 | Aug. 03, 2021 | Jul. 03, 2021 | May 21, 2021 | Jun. 30, 2021 | Aug. 31, 2021 |
Subsequent Event [Line Items] | ||||||
Issuance of shares from Reg-A, shares | 36,048 | |||||
Shares issued, amount | $ 2,970,621 | |||||
Exercise price | $ 4 | |||||
Pre Stock Split [Member] | ||||||
Subsequent Event [Line Items] | ||||||
Issuance of shares from Reg-A, shares | 30,048,199 | |||||
Exercise price | $ 0.20 | |||||
Warrant [Member] | ||||||
Subsequent Event [Line Items] | ||||||
Issuance of shares from Reg-A, shares | 207,425 | |||||
Warrants exercised | 207,425 | |||||
Warrant [Member] | Common Stock [Member] | ||||||
Subsequent Event [Line Items] | ||||||
Shares issued, amount | $ 829,700 | |||||
Warrant [Member] | Pre Stock Split [Member] | ||||||
Subsequent Event [Line Items] | ||||||
Issuance of shares from Reg-A, shares | 4,148,500 | |||||
Warrants exercised | 4,148,500 | |||||
Subsequent Event [Member] | ||||||
Subsequent Event [Line Items] | ||||||
Issuance of shares from Reg-A, shares | 237,500 | 97,729 | ||||
Share price | $ 0.37 | |||||
Shares issued, amount | $ 86,688 | $ 390,915 | ||||
Payments of dividends | $ 86,688 | |||||
Subsequent Event [Member] | Pre Stock Split [Member] | ||||||
Subsequent Event [Line Items] | ||||||
Issuance of shares from Reg-A, shares | 1,954,575 | |||||
Subsequent Event [Member] | Over-Allotment Option [Member] | ||||||
Subsequent Event [Line Items] | ||||||
Warrant issued | 490,909 | |||||
FINRA [Member] | ||||||
Subsequent Event [Line Items] | ||||||
Reverse stock split, description | 1 for 20 reverse stock split | |||||
Maxim Group LLC [Member] | Subsequent Event [Member] | ||||||
Subsequent Event [Line Items] | ||||||
Share price | $ 5.12 | |||||
Public offering, units sold | 3,272,727 | |||||
Exercise price | $ 6.05 | |||||
Board Of Directors [Member] | ||||||
Subsequent Event [Line Items] | ||||||
Reverse stock split, description | reverse split of its common stock at the rate of 1 for 20 |