Worksport (WKSP) 10-K 28 Mar 24 2023 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2023	Mar. 27, 2024	Jun. 30, 2023
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2023
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2023
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	2500 N America Dr
Entity Address, City or Town	West Seneca
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	14224
City Area Code	(888)
Local Phone Number	554-8789
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
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 Public Float			$ 35,688,619
Entity Common Stock, Shares Outstanding		24,100,413
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	false
Auditor Name	Lumsden & McCormick, LLP
Auditor Location	Buffalo, New York
Auditor Firm ID	130
Common Stock [Member]
Title of 12(b) Security	Common Stock
Trading Symbol	WKSP
Security Exchange Name	NASDAQ
Warrants
Title of 12(b) Security	Warrants
Trading Symbol	WKSPW
Security Exchange Name	NASDAQ

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash and cash equivalents	$ 3,365,778	$ 14,620,757
Accounts receivable, net	463,122	62,601
Other receivable	165,865	268,032
Inventory (note 5)	3,631,492	1,346,372
Prepaid expenses and deposits (note 8)	1,497,249	2,034,345
Total Current Assets	9,123,506	18,332,107
Investment (note 14)	90,731	24,423
Property and Equipment, net (note 6)	14,483,436	11,900,672
Right-of-use asset, net (note 15)	917,354	1,238,055
Intangible Assets, net (note 7)	1,338,889	1,268,873
Total Assets	25,953,916	32,764,130
Current Liabilities
Accounts payable and accrued liabilities	1,451,181	2,028,305
Payroll taxes payable	85,010
Loan payable (note 16)	5,300,000
Current lease liability (note 15)	328,229	387,329
Total Current Liabilities	7,166,612	2,461,730
Long Term – Lease Liability (note 15)	608,761	884,146
Loan payable (note 16)		5,300,000
Total Liabilities	7,775,373	8,645,876
Shareholders’ Equity
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 9)
Common stock, $0.0001 par value, 299,000,000 shares authorized, 20,320,503 and 17,159,376 shares issued and outstanding, respectively (note 9)	2,032	1,716
Additional paid-in capital	64,685,693	56,919,625
Share subscriptions receivable	(1,577)	(1,577)
Share subscriptions payable	1,814,152	591,289
Accumulated deficit	(48,313,177)	(33,384,219)
Cumulative translation adjustment	(8,580)	(8,580)
Total Shareholders’ Equity	18,178,543	24,118,254
Total Liabilities and Shareholders’ Equity	25,953,916	32,764,130
Related Party [Member]
Current Liabilities
Related party loan (note 10)	$ 2,192	$ 46,096

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2023	Dec. 31, 2022
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	299,000,000	299,000,000
Common stock, shares issued	20,320,503	17,159,376
Common stock, shares outstanding	20,320,503	17,159,376
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
Series B Preferred Stock [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	100,100	100,100
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net Sales	$ 1,529,632	$ 116,502
Cost of Goods Sold	1,289,118	56,967
Gross Profit	240,514	59,535
Operating Expenses
General and administrative	9,643,680	4,978,582
Sales and marketing	1,483,054	2,446,266
Professional fees	3,853,134	5,418,863
Gain on foreign exchange	(2,693)	(10,461)
Total operating expenses	14,977,175	12,833,250
Loss from operations	(14,736,661)	(12,773,715)
Other Income (Expense)
Interest expense	(616,214)	(488,704)
Interest income	239,353	212,290
Rental income (note 20)	184,564	213,383
Gain on settlement of debt		302,332
Total other income (expense)	(192,297)	239,301
Net Loss	$ (14,928,958)	$ (12,534,414)
Loss per Share basic	$ (0.84)	$ (0.73)
Loss per Share diluted	$ (0.84)	$ (0.73)
Weighted Average Number of Shares basic	17,689,911	17,078,480
Weighted Average Number of Shares diluted	17,689,911	17,078,480

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - 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
Balance at Dec. 31, 2021		$ 1,696	$ 54,608,472	$ (1,577)	$ 430,116	$ (20,849,805)	$ (8,580)	$ 34,180,322
Balance, shares at Dec. 31, 2021	100	16,951,034
Share issuance		$ 4	260,096		(260,100)
Shares issuance, shares		45,000
Warrant exercise (note 18)		$ 7	(7)
Warrant exercise (note 18), shares		73,342
Issuance for services and subscriptions payable		$ 9	2,051,064		421,273			2,472,346
Issuance for services and subscriptions payable, shares		90,000
Net loss						(12,534,414)		(12,534,414)
Balance at Dec. 31, 2022		$ 1,716	56,919,625	(1,577)	591,289	(33,384,219)	(8,580)	24,118,254
Balance, shares at Dec. 31, 2022	100	17,159,376
Warrant exercise (note 18)		$ 89						89
Warrant exercise (note 18), shares		887,000
Issuance for services and subscriptions payable		$ 25	3,271,084		1,222,863			4,493,972
Issuance for services and subscriptions payable, shares		250,000
Net loss						(14,928,958)		(14,928,958)
Shares issued (note 9)		$ 202	4,475,578					4,475,780
Shares issued (note 9), shares		2,024,127
Stock option forfeiture (note 19)			19,406					19,406
Balance at Dec. 31, 2023		$ 2,032	$ 64,685,693	$ (1,577)	$ 1,814,152	$ (48,313,177)	$ (8,580)	$ 18,178,543
Balance, shares at Dec. 31, 2023	100	20,320,503

Consolidated Statements of Cash

Consolidated Statements of Cash Flows	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Operating Activities
Net Loss	$ (14,928,958)	$ (12,534,414)
Adjustments to reconcile net loss to net cash from operating activities:
Shares, options and warrants issued for services	5,754,717	4,899,433
Depreciation and amortization	1,109,742	486,582
Change in operating lease	(13,784)	10,584
Accrued interest		27,564
Gain on settlement of debt		(302,332)
Adjustments to reconcile net income loss to cash provided by (used in) operating activities	(8,078,283)	(7,412,583)
Changes in operating assets and liabilities (note 13)	(3,852,297)	(565,377)
Net cash used in operating activities	(11,930,580)	(7,977,960)
Cash Flows from Investing Activities
Investments	(66,308)
Purchase of intangible assets		(103,329)
Purchase of property and equipment	(3,690,056)	(11,047,447)
Net cash used in investing activities	(3,756,364)	(11,150,776)
Financing Activities
Proceeds from issuance of common shares, net of issuance cost	4,475,869
Proceeds from loan payable		5,300,000
Related party loan	(43,904)	10,547
Repayments on loan and promissory notes payable		(128,387)
Net cash provided by financing activities	4,431,965	5,182,160
Change in cash	(11,254,979)	(13,946,576)
Cash and cash equivalents - beginning of year	14,620,757	28,567,333
Cash and cash equivalents end of year	3,365,778	14,620,757
Supplemental Disclosure of non-cash activities
Shares issued for purchase of intangible assets	72,466	575,000
Cashless warrant exercise		37,000
Supplemental Disclosure of cash flow information
Income tax paid
Interest paid	$ 626,000	$ 479,000

Nature of Operations

Nature of Operations	12 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	1. Nature of Operations Worksport Ltd. (together with its subsidiaries, the “Company”) was incorporated in the State of Nevada on April 2, 2003 under the name Franchise Holdings International, Inc. (“FNHI”). In May 2020, FNHI changed its name to Worksport Ltd. During the year ended December 31, 2014, the Company completed a reverse acquisition transaction (the “Reverse Acquisition”) with TruXmart Ltd. (“TruXmart”). On May 2, 2018, Truxmart legally changed its name to Worksport Ltd. (“Worksport”). Worksport designs and distributes truck tonneau covers in Canada and the United States. Terravis Energy, Inc. (“Terravis”) was incorporated in the State of Colorado on May 5, 2021. On August 20, 2021, the Company was issued 100 0.0001 9,990,900 0.0001 On January 20, 2022, the board of directors of Terravis and the board of directors of the Company, as the sole stockholder of Terravis, adopted the Terravis Energy, Inc. 2022 Equity Incentive Plan (the “Terravis 2022 Plan”). Under the Terravis 2022 Plan, Terravis’ board of directors or a committee designated by the board of directors may grant incentive stock options, nonqualified stock options, shares of restricted stock, restricted stock units, performance shares, performance units and stock appreciation rights to eligible participants consisting of employees of Terravis, member of Terravis’ board of directors and advisors and consultants to Terravis. The Terravis board of directors authorized and reserved 1,500,000 On April 6, 2022, Terravis issued Lorenzo Rossi and Steven Rossi, both of whom are members of Terravis’s board of directors, were granted non-qualified stock options under the Terravis 2022 Plan exercisable for 750,000 250,000 0.01 On April 12, 2022, Steven Rossi, William Caragol, and Ned L. Siegel, all of whom are members of Terravis’s board of directors, were granted non-qualified stock options under the Terravis 2022 Plan exercisable for 250,000 50,000 50,000 0.01 On November 4, 2022, Terravis filed an amendment to its articles of incorporation with the Colorado Secretary of State, pursuant to which the Terravis board of directors attached a certificate of designation designating 1,000 0.0001 51 49 1,000 During the year ended December 31, 2022, Worksport New York Operations Corporation and Worksport USA Operations Corporation were incorporated in the state of New York and Colorado, respectively. During the year ended, the Company was issued 1,000 0.0001 10,000 Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022

Basis of Presentation and Busin

Basis of Presentation and Business Condition	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation and Business Condition	2. Basis of Presentation and Business Condition a) Statement of Compliance The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) as issued by the Financial Accounting Standards Board (“FASB”). b) Basis of Measurement The Company’s financial statements have been prepared on an accrual basis. c) Consolidation The Company’s consolidated financial statements consolidate the accounts of the Company. All intercompany transactions, balances and unrealized gains or losses from intercompany transactions have been eliminated upon consolidation. d) Functional and Presentation Currency These consolidated financial statements are presented in United States Dollars. The functional currency of the Company and all its subsidiaries is the United States Dollar. For purposes of preparing these consolidated financial statements, transactions denominated in Canadian Dollar were converted to United States Dollar at the spot rate. Transaction gains and losses resulting from fluctuations in currency exchange rates on transactions denominated in currencies other than the functional currency are recognized as incurred in the accompanying consolidated statement of operations and comprehensive loss. e) Use of Estimates The preparation of 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.

Going Concern

Going Concern	12 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	3. Going Concern As of December 31, 2023, the Company had $ 3,365,778 48,313,177 The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. During the year ended December 31, 2023, the Company had net losses of $ 14,928,958 12,534,414 1, 956,894 15,870,377 48,313,177 33,384,219 Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022 3. Going Concern The Company has historically operated at a loss, although that may change as sales volumes increase and margins improve. As of December 31, 2023, the Company had working capital of $ 1, 956,894 15,870,377 48,313,177 33,384,219 3,365,778 14,620,757 The Company has successfully raised cash, and it is positioned to do so again if deemed necessary or strategically advantageous. During the year ended December 31, 2021, the Company, through its Reg-A public offering, private placement offering, underwritten public offering, and exercises of warrants, raised an aggregate of approximately $ 32,500,000 30,000,000 13,000,000 3.0 99,127 214,238 On November 2, 2023, the Company closed a sale of 1,925,000 1,575,000 4,261,542 7,000,000 7,000,000 1.34 five and a half years To date, the Company’s principal sources of liquidity consist of net proceeds from public and private securities offerings and cash exercises of outstanding warrants. During the year ended December 31, 2023, the Company received nominal proceeds from public offerings, private placement offerings, and from the exercise of any outstanding warrants or options. Management is focused on transitioning towards revenue as its principal source of liquidity by growing existing product offerings as well as the Company’s customer base. The Company cannot give assurance that it can increase its cash balances or limit its cash consumption and thus maintain sufficient cash balances for planned operations or future business developments. Future business development and demands may lead to cash utilization at levels greater than recently experienced. The Company may need to raise additional capital in the future. However, the Company cannot provide assurances it will be able to raise additional capital on acceptable terms, or at all. 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. Still, certain factors indicate the existence of a material uncertainty that cast substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. These adjustments could be material. Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Significant Accounting Policies	4. Significant Accounting Policies Cash and Cash Equivalents 730,802 411,016 Receivables The Company offers credit terms on the sale of the Company’s products to a significant majority of the Company’s customers and requires no collateral from these customers. The Company performs ongoing credit evaluations of customers’ financial condition and, if needed, maintains an allowance for doubtful accounts receivable based upon the Company’s historical experience, forecasted economic conditions, and a specific review of accounts receivable at the end of each period. At December 31, 2023 and 2022, the Company had no Inventory Research and Development Warranties Revenue Recognition Property and Equipment Schedule of Estimated Useful Lives of Property and Equipment Furniture and equipment 5 Automobile 5 Computers 3 Leasehold improvements 15 Manufacturing equipment 5 15 Building 15 Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022 4. Significant Accounting Policies Share-based payments - The Company offers a share option plan for its directors, officers, employees, and consultants. ASC 718 “Compensation – Stock Compensation” prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values at the time of grant. That expense is recognized over the estimated period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period). Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value of the share-based payment transaction is determined at the earlier of the performance commitment date or performance completion date. Income Taxes Tax positions initially need to be recognized in the financial statements when it is more likely than not the positions will be sustained upon examination by the tax authorities. Foreign Currency Items Financial Instruments Related Party Transactions Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022 4. Significant Accounting Policies Intangible Assets and Impairment no Sales Taxes Lease Accounting Recent Accounting Pronouncements Any recently issued Accounting Standards Codification guidance has either been implemented or is not significant to the Company.

Inventory

Inventory	12 Months Ended
	Dec. 31, 2023
Inventory Disclosure [Abstract]
Inventory	5. Inventory Inventory consists of the following at December 31, 2023 and 2022: Schedule of Inventory 2023 2022 Finished goods $ 1,717,669 $ 1,200,759 Promotional items 101,660 50,790 Raw materials 1,812,163 94,823 Inventory $ 3,631,492 $ 1,346,372 Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment	6. Property and Equipment Major classes of property and equipment at December 31, 2023 and 2022 are as follows: Schedule of Property and Equipment 2023 2022 Equipment 2,784,098 2,344,946 Manufacturing equipment 3,260,679 - Furniture 146,049 143,449 Product molds 524,476 122,675 Computers 84,070 78,885 Leasehold improvements 861,332 675,751 Building 6,079,410 6,079,410 Land 2,239,405 2,239,405 Automobile 168,497 168,497 Deposits - 605,000 Property and Equipment, gross Less accumulated depreciation (1,664,580 ) (557,346 ) Property and Equipment, net $ 14,483,436 $ 11,900,672 During the years ended December 31, 2023 and 2022, the Company recognized depreciation expense of $ 1,107,292 484,073 During the year ended December 31, 2022, the Company completed the purchase of a manufacturing facility and land for $ 6,079,410 2,239,405

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	7. Intangible Assets Intangible assets consist of costs incurred to establish the patent rights related to the quick latch and soft vinyl quad-fold tonneau cover technologies, Worksport trademarks, licenses, and software costs. The Company’s utility patents and design registrations were issued between 2014 and 2023. The patents and software will be amortized on a straight-line basis. At December 31, 2023, the software has not been placed into service. The Company’s trademark, licenses, and other indefinite life intangible assets are reassessed every year for impairment; the Company has determined that impairment is not necessary for the current year ended December 31, 2023. The change in intangible assets for the years ended December 31, 2023 and 2022 are as follows: Schedule of Change in Intangible Assets 2023 2022 Patent 62,706 62,706 License 103,329 103,329 Trademark 5,150 5,150 Software 1,150,000 1,077,534 Other 29,451 29,451 Intangible Assets, gross 29,451 29,451 Less accumulated amortization (11,747 ) (9,297 ) Intangible Assets, net $ 1,338,889 $ 1,268,873 Amortization expense for the years ended December 31, 2023 and 2022 was $ 2,450 2,509 Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022 7. Intangible Assets Estimated amortization of the patent and software over the next five years and beyond December 31, 2023 is as follows: Schedule of Amortization of patent 2024 $ 232,508 2025 $ 232,508 2026 $ 232,508 2027 $ 232,508 2028 and later $ 282,674

Prepaid expenses and deposits

Prepaid expenses and deposits	12 Months Ended
	Dec. 31, 2023
Prepaid Expenses And Deposits
Prepaid expenses and deposits	8. Prepaid expenses and deposits As of December 31, 2023 and 2022, prepaid expenses and deposits consists of the following: Schedule of Prepaid Expenses and Deposits 2023 2022 Consulting, services and advertising $ 5,215 $ 1,313,799 Insurance - 20,781 Deposits 1,492,034 699,765 Prepaid expenses and deposits, net $ 1,497,249 $ 2,034,345 As of December 31, 2023, prepaid expense and deposit consists of $ 5,215 1,313,799

Shareholders_ Equity

Shareholders’ Equity	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Shareholders’ Equity	9. Shareholders’ Equity During year ended December 31, 2023, the following transactions occurred: During the year ended December 31, 2023, the Company sold 99,127 214,238 30,000,000 13,000,000 The Company recognized consulting expense of $ 1,222,863 250,000 635,000 During the year ended December 31, 2023, the Company closed a sale of 1,925,000 2,579,500 428,300 1,575,000 7,000,000 Refer to notes 18 and 19 for additional shareholders’ equity (deficit). Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022 9. Shareholders’ Equity During year ended December 31, 2022, the following transactions occurred: The Company issued 10,000 86,000 66,329 80,000 240,000 The Company issued 45,000 260,100 The Company recognized consulting expense of $ 487,602 Refer to note 18 and 19 for additional disclosures of shareholders’ equity. For the years ended December 31, 2023 and 2022, the Company was authorized to issue 299,000,000 0.0001 100 100,000 0.0001 299 10,000

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	10. Related Party Transactions During the year ended December 31, 2023, the Company recorded salaries expense of $ 374,864 387,308 271,601 265,858 2,192 46,096 Refer to note 9 and 19 for additional related party transactions.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	11. Income Taxes a) The income tax expense for the years ended December 31, 2023 and 2022 is reconciled per the schedule below: Schedule of Reconciliation of Income Tax 2023 2022 Loss before income taxes $ (14,929,000 ) $ (12,534,000 ) State income taxes, net of federal benefits (746,000 ) (627,000 ) Non-deductible portion of meals and entertainment 14,000 41,000 Share base compensation 1,901,000 - Interest and penalty - 100,000 Adjusted net loss for tax purposes (13,760,000 ) (13,020,000 ) Statutory rate 21 % 21 % Income tax benefit (2,889,000 ) (2,734,000 ) Increase in valuation allowance 2,889,000 2,734,000 Provision for income taxes $ - $ - Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022 11. Income Taxes b) Deferred Income Tax Assets The tax effects of temporary differences that give rise to the deferred income tax assets at December 31, 2023 and 2022 are as follows: Schedule of Deferred Income Tax Assets 2023 2022 Net operating loss carry forwards $ 6,005,000 $ 3,784,000 Amortization and depreciation 120,000 (98,000 ) Change in operating lease (3,000 ) (2,000 ) Share base compensation 1,415,000 964,000 Deferred tax assets, gross 7,537,000 4,648,000 Deferred tax assets not recognized (7,537,000 ) (4,648,000 ) Net deferred tax asset $ - $ - Deferred income taxes within each jurisdiction on the balance sheets at December 31, 2023 and 2022 are as follows: Schedule of Deferred Income Taxes Within Each Jurisdiction 2023 2022 United States $ 4,201,000 $ 2,103,000 Canada 3,336,000 2,545,000 Deferred income taxes 3,336,000 2,545,000 Valuation allowance (7,537,000 ) (4,648,000 ) Net deferred tax asset $ - $ - c) Cumulative Net Operating Losses The Company has non-capital losses carried forward of approximately $ 28,594,000 Schedule of Cumulative Non-capital Losses United States Canada Total 2034 $ 53,000 $ 183,000 $ 236,000 2035 161,000 368,000 529,000 2036 868,000 262,000 1,130,000 2037 1,472,000 59,000 1,531,000 2038 - 520,000 520,000 2039 - 193,000 193,000 2040 - 718,000 718,000 2041 - 3,000,000 3,000,000 2042 - 4,100,000 4,100,000 2043 - 3,140,000 3,140,000 Non-capital losses carried forward Total $ 2,554,000 $ 12,543,000 $ 15,097,000 Never expire $ 13,497,000 $ - $ 13,497,000 Net operating loss carryforwards of approximately $ 28,594,000 Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022 11. Income Taxes Due to change in ownership provisions of the Tax Reform Act of 1986, net operating loss carryforwards for Federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carryforwards may be limited as to use in future years. The Company complies with the provisions of FASB ASC 740 in accounting for its uncertain tax positions. ASC 740 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under ASC 740, the Company may recognize the tax benefit from an uncertain tax position only if it is more –likely –than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The Company has determined that the Company has no significant uncertain tax positions requiring recognition under ASC 740. The Company recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. The Company had no accruals for interest and tax penalties at December 31, 2023 and 2022. The Company does not expect the amount of unrecognized tax benefits to materially change within the next twelve months. The Company is required to file income tax returns in the U.S. and Canadian Federal jurisdictions, as well as various states and in the province of Ontario. The Company is no longer subject to income tax examinations by tax authorities for tax years ending before December 31, 2020 in the United States and for tax years ending before December 31, 2014 in Canada.

Financial Instruments

Financial Instruments	12 Months Ended
	Dec. 31, 2023
Investments, All Other Investments [Abstract]
Financial Instruments	12. Financial Instruments Credit Risk The Company is exposed to credit risk on the accounts receivable from its customers. To reduce its credit risk, the Company has adopted credit policies which include the analysis of the financial position of its customers and the regular review of their credit balances. The Company incurred bad debt expense of $ 0 Currency Risk The Company is exposed to currency risk on its sales and purchases denominated in Canadian Dollars. The Company actively manages these risks by adjusting its pricing to reflect currency fluctuations and purchasing foreign currency at advantageous rates. Liquidity Risk Liquidity risk is the risk that the Company will not be able to meet its obligations associated with financial liabilities. The Company relies on its cash reserves, cash flows generated from operations, and injections of capital through the issuance of the Company’s capital stock to settle its liabilities when they become due. Interest Rate Risk The Company is exposed to interest rate risk due to the variable interest rate of its mortgage, which is equal to the Prime Rate plus two hundred twenty-five basis points ( 2.25 Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022 12. Financial Instruments Concentration of Supplier Risk The Company has historically purchased all of its soft tonneau cover finished goods from Meizhou, China, and it began purchasing soft tonneau cover finished goods from a second supplier in Foshan, China in late 2023. The Company carries significant strategic inventories of these materials and is increasing its purchasing from the supplier in Foshan to lower supplier concentration risk. Further, the Company has established domestic assembly of its hard tonneau cover product line to further reduce the risk associated with this concentration of finished good suppliers. Strategic inventories are managed based on demand. To date, the Company has been able to obtain adequate supplies of the materials used in the production of its products in a timely manner from existing sources. The loss of these key suppliers or a delay in shipments could have an adverse effect on its business. Concentration of Customer Risk A customer is considered to be significant if they account for greater than 10 For the year ended December 31, 2023, 93 50 38 12

Changes in Cash Flows from Oper

Changes in Cash Flows from Operating Assets and Liabilities	12 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Changes in Cash Flows from Operating Assets and Liabilities	13. Changes in Cash Flows from Operating Assets and Liabilities The changes to the Company’s operating assets and liabilities for the years ended December 31, 2023 and 2022 are as follows: Schedule of Changes in Operating Assets and Liabilities 2023 2022 Decrease (increase) in accounts receivable $ (400,521 ) $ 83 Decrease (increase) in other receivable 102,167 (83,311 ) Decrease (increase) in inventory (2,285,120 ) (844,600 ) Decrease (increase) in prepaid expenses and deposits (776,709 ) (529,438 ) Increase (decrease) in lease liability - 8,738 Increase (decrease) in payroll taxes payable 85,010 (112,189 ) Increase (decrease) in accounts payable and accrued liabilities (577,124 ) 995,340 Changes in operating assets and liabilities $ (3,852,297 ) $ (565,377 )

Investment

Investment	12 Months Ended
	Dec. 31, 2023
Investments, All Other Investments [Abstract]
Investment	14. Investment a) During the year ended December 31, 2019, the Company entered into an agreement to purchase 10,000,000 50,000 10 24,423 b) During the year ended December 31, 2023, the Company purchased $ 66,308 90,000 matured 2,818 3,825

Operating Lease Obligations

Operating Lease Obligations	12 Months Ended
	Dec. 31, 2023
Operating Lease Obligations
Operating Lease Obligations	15. Operating Lease Obligations During the year ended December 31, 2019, the Company signed a lease agreement for warehouse space to commence on August 1, 2019 and end on July 31, 2022 2,221 May 31, 2024 19,910 Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022 15. Operating Lease Obligations During the year ended December 31, 2022, the Company signed a lease agreement for approximately 20,296 June 1, 2022 22,101 4,418 During the year ended December 31, 2023, the Company signed a lease agreement for office space to be used as an R&D facility pursuant to a one-year lease with an option to extend the lease for an additional year, dated June 1, 2023, for a monthly rent of $ 3,350 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 and lease liability as of December 31, 2023 and 2022 is as follows: Schedule Right-of-use Asset December 31, 2023 December 31, 2022 Right-of-use asset $ 917,354 $ 1,238,055 Current lease liability $ 328,229 $ 387,329 Long-term lease liability $ 608,761 $ 884,146 The following is a summary of the Company’s total lease costs: Schedule of Lease Costs December 31, 2023 December 31, 2022 Operating lease cost $ 488,463 $ 409,179 The following is a summary of cash paid in 2023 and 2022 for amounts included in the measurement of lease liabilities: Schedule of Measurement of Lease Liabilities December 31, 2023 December 31, 2022 Operating cashflow $ 515,776 $ 400,130 Maturities of lease liability are as follows: Future minimum lease payments as of December 31, 2023: Schedule of Future Minimum Lease Payments 2024 $ 400,999 2025 286,395 2026 277,767 2027 117,158 Total future minimum lease payments 1,082,319 Less: amount representing interest (145,329 ) Present value of future payments 936,990 Current portion 328,229 Long term portion $ 608,761 Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022

Loans payable

Loans payable	12 Months Ended
	Dec. 31, 2023
Loans Payable
Loans payable	16. Loans payable a) On May 4, 2022, the Company entered into a secured loan agreement (the “Loan Agreement”) with an external banking entity relating to the Company’s purchase of a 152,847 8,150,000 5,300,000 an interest rate of the prime rate plus 2.25 % annually, for the Company’s purchase of the Property and covering associated costs. To ensure the loan’s servicing over its duration, the Company allocated $ 667,409 into a specially designated account. By the close of December 31, 2023, this account’s balance had risen to $ 730,802 is recorded under cash and cash equivalents in the concurrent financial statements. As of December 31, 2023, the outstanding principal and the accrued interest was an aggregate of $ 5,331,889 b) During the year ended December 31, 2020, the Company received $ 28,387 40,000 25 28,387 40,000 7,493 10,000

Loss per Share

Loss per Share	12 Months Ended
	Dec. 31, 2023
Earnings Per Share [Abstract]
Loss per Share	17. Loss per Share For the year ended December 31, 2023, loss per share is $ 0.84 0.73 17,689,911 17,078,480 There are 299,000,000 20,320,503 17,159,376 11,627,924 11,927,924 570,212 5,063,856 5,063,856 17,561,922 3,939,924 4,239,924 1,940,000 785,000 785,000 7,669,924

Warrants

Warrants	12 Months Ended
	Dec. 31, 2023
Schedule Of Warrants Activity
Warrants	18. Warrants During the year ended December 31, 2023, in connection to the sale of 1,925,000 1,575,000 7,000,000 8,575,000 0.0001 1.34 2,110,342 During the year ended December 31, 2023, 887,000 887,000 89 During the year ended December 31, 2023, the Company and a stock options holder agreed 400,000 300,000 400,000 During the year ended December 31, 2022, an aggregate of 250,121 73,321 1,599,179 Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022 18. Warrants During the year ended December 31, 2022, the Company and a warrant holder reached an agreement to extend the exercisable period of 300,000 2 During the year ended December 31, 2021, the Company and warrant holder reached an agreement to amend a previous warrant agreement. The Company issued an additional 150,000 250,000 37,000 The exercisable period of the warrants was also amended to a period of five years beginning on January 14, 2021 1 2 73,321 During the year ended December 31, 2021, the Company issued 130,909 130,909 6.05 273,993 As of December 31, 2023, the Company has the following warrants outstanding: Schedule of Warrants Exercise Price Exercise price Number outstanding Remaining Contractual Life (Years) Expiry date $ 6.05 3,446,515 0.60 August 6, 2024 $ 6.05 130,909 0.59 August 3, 2024 $ 4.00 300,000 3.00 December 31, 2026 $ 2.40 62,500 1.22 March 20, 2025 $ 1.34 7,000,000 5.34 May 2, 2029 $ 0.0001 688,000 N/A Never – see note 22 11,627,924 2.04 Schedule of Warrants Activity December 31, 2023 December 31, 2022 Number of warrants Weighted average price Number of warrants Weighted average price Balance, beginning of year 3,939,924 $ 5.84 5,652,827 $ 5.14 Issuance 8,575,000 $ 1.09 130,909 $ 6.05 Expired - $ - (1,593,691 ) $ (4.00 ) Exercise (887,000 ) $ 0.0001 (250,121 ) $ (2.00 ) Balance, end of period 11,627,924 $ 2.78 3,939,924 $ 5.84

Stock Options and Performance S

Stock Options and Performance Share Units	12 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Stock Options and Performance Share Units	19. Stock Options and Performance Share Units Under the Company’s 2015, 2021 and 2022 Equity Incentive Plans, the number of shares of common stock reserved for issuance under the option plan shall not exceed 10% of the issued and outstanding shares of common stock of the Company, have a maximum term of 10 years, and vest at the discretion of the Board of Directors Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022 19. Stock Options and Performance Share Units All equity-settled, share-based payments are ultimately recognized as an expense in the statement of operations with a corresponding credit to “Additional Paid in Capital.” If vesting periods or other non-market vesting conditions apply, the expense is allocated over the vesting period, based on the best available estimate of the number of share options expected to vest. Estimates are subsequently revised if there is any indication that the number of share options expected to vest differs from previous estimates. Any cumulative adjustment prior to vesting is recognized in the current period. No adjustment is made to any expense recognized in prior periods if share options ultimately exercised are different than that estimated on vesting. Performance Share Units On May 1, 2023, the Company and Steven Rossi reached an agreement to modify 1,600,000 400,000 2,000,000 On November 11, 2022, 400,000 300,000 The PSUs vest in 5% increments according to the modified schedule that correlates with the Company’s stock price. The first 5% of the PSUs vest upon the Company’s stock price closing at $2.25, 50% will have vested at a closing price of $5.31, and 100% will have vested at a closing price of $13.76 100,000 1,254,460 75,000 300,000 155,314 35,100 On December 29, 2021, the Company granted 400,000 300,000 The PSUs were to vest in 5% increments according to a schedule that correlates with the Company’s stock price. The first 5% of the PSUs was to have vested upon the Company’s stock price closing at $3.00, 50% was to have vested at a closing price of $16.50, and 100% was to have vested at a closing price of $31.50 1,344,570 0 232,312 Stock Options The Company uses the Black-Scholes option pricing model to determine fair value of stock options on the grant date. During the year ended December 31, 2023, the Company issued 1,500,000 1.584 October 31, 2033 The stock options shall vest as follows: 20% shall vest upon the Company achieving annual run rate revenue of $10,000,000, measured by $2,500,000 of quarterly revenue; (ii) an additional 20% shall vest upon the Company achieving annual run rate revenue of $20,000,000, measured by $5,000,000 of quarterly revenue; (iii) an additional 20% shall vest upon the Company achieving annual run rate revenue of $30,000,000, measured by $7,500,000 of quarterly revenue; (iv) an additional 20% shall vest upon the Company achieving annual run rate revenue of $40,000,000, measured by $10,000,000 of quarterly revenue; and (v) an additional 20% shall vest upon the Company achieving annual run rate revenue of $50,000,000, measured by $12,500,000 of quarterly revenue. 374,547 Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022 19. Stock Options and Performance Share Units During the year ended December 31, 2023, the Company issued 12,100 25,000 1.70 1.44 The stock options will expire 10 56,496 4,144 During the year ended December 31, 2023, the Company issued 321,150 2.55 4.20 108,750 5 two equal installments on the first and second anniversary of the grant date. 155,400 of the stock options shall expire 10 years after grant date and vest in two equal installments on the first and second anniversary of the grant date. The fair value of the options on the grant date was estimated to be $ 1,116,856 49,500 386,606 During the year ended December 31, 2023, the Company issued 2,000,000 1.74 May 1, 2033 The options shall vest in increments of 10% for each dollar that the Company’s stock price increases between $2.00 and $11.00, as measured using the volume weighted average of the Company’s common stock for ten consecutive trading days 2,821,572 714,798 During the year ended December 31, 2023, the Company issued 75,000 2.43 May 18, 2033 The options shall vest in two installments, 25,000 on May 18, 2024, and 50,000 on August 1, 2024 182,025 37,632 During the year ended December 31, 2023, the Company issued 65,000 1.53 March 14, 2033 The options shall vest in two equal installments on March 14, 2024, and 2025 98,670 33,683 15,000 19,406 During the year ended December 31, 2023, the Company issued 85,106 1.53 March 14, 2033 The options shall vest in two installments; a) one fiscal quarter in which the Company generates $3,600,000 in sales with at least 20% unit margin and b) one fiscal quarter in which the Company generates $5,400,000 in sales with at least 30% unit margin 129,191 45,476 During the year ended December 31, 2023, the Company issued 300,000 1.66 January 30, 2028 150,000 of the stock options shall vest on January 30, 2023, and 75,000 of the stock options shall each vest on March 1, 2023 and September 1, 2023 486,600 486,600 During the year ended December 31, 2023, the Company issued 360,000 1.66 January 30, 2033 The options shall vest in six equal installments on January 30, 2023, July 31, 2023, January 30, 2024, July 30, 2024, January 30, 2025, and July 30, 2025. 592,560 217,542 Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022 19. Stock Options and Performance Share Units During the year ended December 31, 2022, the Company granted 10,000 50,000 2.19 2.37 February 7, 2027 May 5, 2032 21,780 261,400 0 283,180 During the year ended December 31, 2022, the Company granted 12,500 1.60 November 29, 2032 The options are earned in four equal installments on February 27, 2023, May 29, 2023, August 29, 2023, and November 27, 2023. The options shall vest one year after being earned on February 27, 2024, May 29, 2024, August 29, 2024, and November 27, 2024 18,725 17,083 1,642 During the year ended December 31, 2022, Terravis Energy, Inc., a subsidiary of the Company, granted an aggregate of 1,350,000 0.01 April 12, 2032 On July 23, 2021, the Company granted 15,000 5.50 July 23, 2026 The stock options vested on January 1, 2022. 129,480 0 799 On August 6, 2021, the Company granted 140,000 5.50 August 6, 2026 The stock options vested on January 1, 2022. 754,189 0 5,105 On September 1, 2021, the Company granted 400,000 5.32 September 1, 2026 100,000 100,000 100,000 100,000 2,112,000 87,514 1,058,917 400,000 300,000 On October 7 and November 2, 2021, the Company granted advisors 5,000 62,500 5.50 5.24 October 7, 2026 November 2, 2026 353,230 0 32,856 On December 29, 2021, the Company granted an aggregate of 90,000 2.51 December 29, 2026 10,000 10,000 10,000 224,280 75,170 73,941 Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022 19. Stock Options and Performance Share Units Schedule of Stock Options Activity December 31, 2023 December 31, 2022 Number of stock options Weighted average price Number of stock options Weighted average price Balance, beginning of year 785,000 $ 4.74 712,500 $ 5.00 Granted 4,743,356 $ 1.80 72,500 $ 2.21 Cancelled (464,500 ) $ (5.02 ) - $ - Balance, end of period 5,063,856 $ 1.96 785,000 $ 4.74 Schedule of Share-based Payment Arrangement, Option, Exercise Price Range Range of Exercise prices Outstanding Weighted average life (years) Weighted average exercise price Exercisable on December 31, 2023 Stock options $ 1.44 5.50 5,063,856 8.63 $ 1.96 1,162,500 As of December 31, 2023, Terravis Energy Inc. had the following options outstanding: Schedule of Stock Options Activity December 31, 2023 December 31, 2022 Number of stock options Weighted average price Number of stock options Weighted average price Balance, beginning of year 1,350,000 $ 0.01 - $ - Granted - $ - 1,350,000 $ 0.01 Balance, end of period 1,350,000 $ 0.01 1,350,000 $ 0.01 Schedule of Share-based Payment Arrangement, Option, Exercise Price Range Range of Exercise prices Outstanding Weighted average life (years) Weighted average exercise price Exercisable on December 31, 2023 Stock options $ 0.01 1,350,000 8.28 $ 0.01 1,350,000

Rental Income

Rental Income	12 Months Ended
	Dec. 31, 2023
Rental Income
Rental Income	20. Rental Income During the year ended December 31, 2022, the Company entered into a sublease agreement for its warehouse in Mississauga, Ontario, Canada. The sublease commenced on September 15, 2022 May 31, 2024 15,515 19,992 During the year ended December 31, 2022, the Company entered into a lease agreement in relation to its West Seneca property. Initially, the Company entered into a lease agreement with a third-party from July 1 to December 31, 2022 33,750 During the year ended December 31, 2023, the Company recognized rental income of $ 184,564 213,383

Legal Proceedings

Legal Proceedings	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Legal Proceedings	21. Legal Proceedings There are no legal proceedings except for routine litigation incidental to the business. Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	22. Subsequent Events The Company has evaluated subsequent events through March 27, 2024, which is the date the financial statements were available to be issued. The following events occurred after year-end: ● On January 11, 2024, the Company issued 53,194 ● On February 5, 2024, the remaining 688,000 688,000 0.0001 69 ● On February 7, 2024, the Company issued 1,343 2,000 ● Subsequent to the year ended December 31, 2023, the Company granted 68,800 8,300 50 50 0.62 1.41 8,300 5 60,500 10 ● Subsequent to the year ended December 31, 2023, the Company issued 504,921 566,118 ● On March 18, 2024, Worksport entered into a securities purchase agreement with a single institutional investor to purchase 3,850,132 7,700,264 0.74 0.74 2.8

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Cash and Cash Equivalents	Cash and Cash Equivalents 730,802 411,016
Receivables	Receivables The Company offers credit terms on the sale of the Company’s products to a significant majority of the Company’s customers and requires no collateral from these customers. The Company performs ongoing credit evaluations of customers’ financial condition and, if needed, maintains an allowance for doubtful accounts receivable based upon the Company’s historical experience, forecasted economic conditions, and a specific review of accounts receivable at the end of each period. At December 31, 2023 and 2022, the Company had no
Inventory	Inventory
Research and Development	Research and Development
Warranties	Warranties
Revenue Recognition	Revenue Recognition
Property and Equipment	Property and Equipment Schedule of Estimated Useful Lives of Property and Equipment Furniture and equipment 5 Automobile 5 Computers 3 Leasehold improvements 15 Manufacturing equipment 5 15 Building 15 Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022 4. Significant Accounting Policies
Share-based payments	Share-based payments - The Company offers a share option plan for its directors, officers, employees, and consultants. ASC 718 “Compensation – Stock Compensation” prescribes accounting and reporting standards for all share-based payment transactions in which employee services are acquired. Transactions include incurring liabilities, or issuing or offering to issue shares, options, and other equity instruments such as stock appreciation rights. Share-based payments to employees, including grants of employee stock options, are recognized as compensation expense in the financial statements based on their fair values at the time of grant. That expense is recognized over the estimated period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period). Measurement of share-based payment transactions with non-employees is based on the fair value of whichever is more reliably measurable: (a) the goods or services received; or (b) the equity instruments issued. The fair value of the share-based payment transaction is determined at the earlier of the performance commitment date or performance completion date.
Income Taxes	Income Taxes Tax positions initially need to be recognized in the financial statements when it is more likely than not the positions will be sustained upon examination by the tax authorities.
Foreign Currency Items	Foreign Currency Items
Financial Instruments	Financial Instruments
Related Party Transactions	Related Party Transactions Worksport Ltd. Notes to the Consolidated Financial Statements December 31, 2023 and 2022 4. Significant Accounting Policies
Intangible Assets and Impairment	Intangible Assets and Impairment no
Sales Taxes	Sales Taxes
Lease Accounting	Lease Accounting
Recent Accounting Pronouncements	Recent Accounting Pronouncements Any recently issued Accounting Standards Codification guidance has either been implemented or is not significant to the Company.

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Schedule of Estimated Useful Lives of Property and Equipment	Schedule of Estimated Useful Lives of Property and Equipment Furniture and equipment 5 Automobile 5 Computers 3 Leasehold improvements 15 Manufacturing equipment 5 15 Building 15

Inventory (Tables)

Inventory (Tables)	12 Months Ended
	Dec. 31, 2023
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventory consists of the following at December 31, 2023 and 2022: Schedule of Inventory 2023 2022 Finished goods $ 1,717,669 $ 1,200,759 Promotional items 101,660 50,790 Raw materials 1,812,163 94,823 Inventory $ 3,631,492 $ 1,346,372

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Major classes of property and equipment at December 31, 2023 and 2022 are as follows: Schedule of Property and Equipment 2023 2022 Equipment 2,784,098 2,344,946 Manufacturing equipment 3,260,679 - Furniture 146,049 143,449 Product molds 524,476 122,675 Computers 84,070 78,885 Leasehold improvements 861,332 675,751 Building 6,079,410 6,079,410 Land 2,239,405 2,239,405 Automobile 168,497 168,497 Deposits - 605,000 Property and Equipment, gross Less accumulated depreciation (1,664,580 ) (557,346 ) Property and Equipment, net $ 14,483,436 $ 11,900,672

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Change in Intangible Assets	Schedule of Change in Intangible Assets 2023 2022 Patent 62,706 62,706 License 103,329 103,329 Trademark 5,150 5,150 Software 1,150,000 1,077,534 Other 29,451 29,451 Intangible Assets, gross 29,451 29,451 Less accumulated amortization (11,747 ) (9,297 ) Intangible Assets, net $ 1,338,889 $ 1,268,873
Schedule of Amortization of patent	Estimated amortization of the patent and software over the next five years and beyond December 31, 2023 is as follows: Schedule of Amortization of patent 2024 $ 232,508 2025 $ 232,508 2026 $ 232,508 2027 $ 232,508 2028 and later $ 282,674

Prepaid expenses and deposits (

Prepaid expenses and deposits (Tables)	12 Months Ended
	Dec. 31, 2023
Prepaid Expenses And Deposits
Schedule of Prepaid Expenses and Deposits	As of December 31, 2023 and 2022, prepaid expenses and deposits consists of the following: Schedule of Prepaid Expenses and Deposits 2023 2022 Consulting, services and advertising $ 5,215 $ 1,313,799 Insurance - 20,781 Deposits 1,492,034 699,765 Prepaid expenses and deposits, net $ 1,497,249 $ 2,034,345

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Schedule of Reconciliation of Income Tax	a) The income tax expense for the years ended December 31, 2023 and 2022 is reconciled per the schedule below: Schedule of Reconciliation of Income Tax 2023 2022 Loss before income taxes $ (14,929,000 ) $ (12,534,000 ) State income taxes, net of federal benefits (746,000 ) (627,000 ) Non-deductible portion of meals and entertainment 14,000 41,000 Share base compensation 1,901,000 - Interest and penalty - 100,000 Adjusted net loss for tax purposes (13,760,000 ) (13,020,000 ) Statutory rate 21 % 21 % Income tax benefit (2,889,000 ) (2,734,000 ) Increase in valuation allowance 2,889,000 2,734,000 Provision for income taxes $ - $ -
Schedule of Deferred Income Tax Assets	The tax effects of temporary differences that give rise to the deferred income tax assets at December 31, 2023 and 2022 are as follows: Schedule of Deferred Income Tax Assets 2023 2022 Net operating loss carry forwards $ 6,005,000 $ 3,784,000 Amortization and depreciation 120,000 (98,000 ) Change in operating lease (3,000 ) (2,000 ) Share base compensation 1,415,000 964,000 Deferred tax assets, gross 7,537,000 4,648,000 Deferred tax assets not recognized (7,537,000 ) (4,648,000 ) Net deferred tax asset $ - $ -
Schedule of Deferred Income Taxes Within Each Jurisdiction	Deferred income taxes within each jurisdiction on the balance sheets at December 31, 2023 and 2022 are as follows: Schedule of Deferred Income Taxes Within Each Jurisdiction 2023 2022 United States $ 4,201,000 $ 2,103,000 Canada 3,336,000 2,545,000 Deferred income taxes 3,336,000 2,545,000 Valuation allowance (7,537,000 ) (4,648,000 ) Net deferred tax asset $ - $ -
Schedule of Cumulative Non-capital Losses	The Company has non-capital losses carried forward of approximately $ 28,594,000 Schedule of Cumulative Non-capital Losses United States Canada Total 2034 $ 53,000 $ 183,000 $ 236,000 2035 161,000 368,000 529,000 2036 868,000 262,000 1,130,000 2037 1,472,000 59,000 1,531,000 2038 - 520,000 520,000 2039 - 193,000 193,000 2040 - 718,000 718,000 2041 - 3,000,000 3,000,000 2042 - 4,100,000 4,100,000 2043 - 3,140,000 3,140,000 Non-capital losses carried forward Total $ 2,554,000 $ 12,543,000 $ 15,097,000 Never expire $ 13,497,000 $ - $ 13,497,000

Changes in Cash Flows from Op_2

Changes in Cash Flows from Operating Assets and Liabilities (Tables)	12 Months Ended
	Dec. 31, 2023
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 years ended December 31, 2023 and 2022 are as follows: Schedule of Changes in Operating Assets and Liabilities 2023 2022 Decrease (increase) in accounts receivable $ (400,521 ) $ 83 Decrease (increase) in other receivable 102,167 (83,311 ) Decrease (increase) in inventory (2,285,120 ) (844,600 ) Decrease (increase) in prepaid expenses and deposits (776,709 ) (529,438 ) Increase (decrease) in lease liability - 8,738 Increase (decrease) in payroll taxes payable 85,010 (112,189 ) Increase (decrease) in accounts payable and accrued liabilities (577,124 ) 995,340 Changes in operating assets and liabilities $ (3,852,297 ) $ (565,377 )

Operating Lease Obligations (Ta

Operating Lease Obligations (Tables)	12 Months Ended
	Dec. 31, 2023
Operating Lease Obligations
Schedule Right-of-use Asset	The Company’s right-of-use asset and lease liability as of December 31, 2023 and 2022 is as follows: Schedule Right-of-use Asset December 31, 2023 December 31, 2022 Right-of-use asset $ 917,354 $ 1,238,055 Current lease liability $ 328,229 $ 387,329 Long-term lease liability $ 608,761 $ 884,146
Schedule of Lease Costs	The following is a summary of the Company’s total lease costs: Schedule of Lease Costs December 31, 2023 December 31, 2022 Operating lease cost $ 488,463 $ 409,179
Schedule of Measurement of Lease Liabilities	The following is a summary of cash paid in 2023 and 2022 for amounts included in the measurement of lease liabilities: Schedule of Measurement of Lease Liabilities December 31, 2023 December 31, 2022 Operating cashflow $ 515,776 $ 400,130
Schedule of Future Minimum Lease Payments	Future minimum lease payments as of December 31, 2023: Schedule of Future Minimum Lease Payments 2024 $ 400,999 2025 286,395 2026 277,767 2027 117,158 Total future minimum lease payments 1,082,319 Less: amount representing interest (145,329 ) Present value of future payments 936,990 Current portion 328,229 Long term portion $ 608,761

Warrants (Tables)

Warrants (Tables)	12 Months Ended
	Dec. 31, 2023
Schedule Of Warrants Activity
Schedule of Warrants Exercise Price	As of December 31, 2023, the Company has the following warrants outstanding: Schedule of Warrants Exercise Price Exercise price Number outstanding Remaining Contractual Life (Years) Expiry date $ 6.05 3,446,515 0.60 August 6, 2024 $ 6.05 130,909 0.59 August 3, 2024 $ 4.00 300,000 3.00 December 31, 2026 $ 2.40 62,500 1.22 March 20, 2025 $ 1.34 7,000,000 5.34 May 2, 2029 $ 0.0001 688,000 N/A Never – see note 22 11,627,924 2.04
Schedule of Warrants Activity	Schedule of Warrants Activity December 31, 2023 December 31, 2022 Number of warrants Weighted average price Number of warrants Weighted average price Balance, beginning of year 3,939,924 $ 5.84 5,652,827 $ 5.14 Issuance 8,575,000 $ 1.09 130,909 $ 6.05 Expired - $ - (1,593,691 ) $ (4.00 ) Exercise (887,000 ) $ 0.0001 (250,121 ) $ (2.00 ) Balance, end of period 11,627,924 $ 2.78 3,939,924 $ 5.84

Stock Options and Performance_2

Stock Options and Performance Share Units (Tables)	12 Months Ended
	Dec. 31, 2023
Schedule of Stock Options Activity	Schedule of Stock Options Activity December 31, 2023 December 31, 2022 Number of stock options Weighted average price Number of stock options Weighted average price Balance, beginning of year 785,000 $ 4.74 712,500 $ 5.00 Granted 4,743,356 $ 1.80 72,500 $ 2.21 Cancelled (464,500 ) $ (5.02 ) - $ - Balance, end of period 5,063,856 $ 1.96 785,000 $ 4.74
Schedule of Share-based Payment Arrangement, Option, Exercise Price Range	Schedule of Share-based Payment Arrangement, Option, Exercise Price Range Range of Exercise prices Outstanding Weighted average life (years) Weighted average exercise price Exercisable on December 31, 2023 Stock options $ 1.44 5.50 5,063,856 8.63 $ 1.96 1,162,500
Terravis Energy, Inc. [Member]
Schedule of Stock Options Activity	As of December 31, 2023, Terravis Energy Inc. had the following options outstanding: Schedule of Stock Options Activity December 31, 2023 December 31, 2022 Number of stock options Weighted average price Number of stock options Weighted average price Balance, beginning of year 1,350,000 $ 0.01 - $ - Granted - $ - 1,350,000 $ 0.01 Balance, end of period 1,350,000 $ 0.01 1,350,000 $ 0.01
Schedule of Share-based Payment Arrangement, Option, Exercise Price Range	Schedule of Share-based Payment Arrangement, Option, Exercise Price Range Range of Exercise prices Outstanding Weighted average life (years) Weighted average exercise price Exercisable on December 31, 2023 Stock options $ 0.01 1,350,000 8.28 $ 0.01 1,350,000

Nature of Operations (Details N

Nature of Operations (Details Narrative) - $ / shares	Nov. 04, 2022	Dec. 31, 2023	Dec. 31, 2022	Apr. 12, 2022	Apr. 06, 2022	Apr. 01, 2022	Jan. 20, 2022	Aug. 20, 2021
Common stock, shares, issued		20,320,503	17,159,376			10,000
Common stock, par value		$ 0.0001	$ 0.0001	$ 0.01	$ 0.01
Common stock, shares authorized		299,000,000	299,000,000
Terravis Energy, Inc. [Member]
Voting percentage	49%
Series A Preferred Stock [Member]
Preferred stock, shares authorized		100,100	100,100
Preferred stock, par value		$ 0.0001	$ 0.0001
Series A Preferred Stock [Member] | Preferred Stock [Member]
Preferred stock, shares authorized	1,000
Preferred stock, par value	$ 0.0001
Preferred stock, shares outstanding percentage	51%
Lorenzo Rossi [Member]
Number of options, exercisable					750,000
Steven Rossi [Member]
Number of options, exercisable				250,000	250,000
William Caragol [Member]
Number of options, exercisable				50,000
Ned L. Siegel [Member]
Number of options, exercisable				50,000
Terravis 2022 Plan [Member]
Common stock, shares authorized							1,500,000
Terravis Energy, Inc. [Member]
Common stock, shares, issued			9,990,900					100
Common stock, par value			$ 0.0001					$ 0.0001
Worksport USA Operations [Member]
Common stock, shares, issued			1,000
Common stock, par value			$ 0.0001

Going Concern (Details Narrativ

Going Concern (Details Narrative) - USD ($)			12 Months Ended
	Nov. 02, 2023	Sep. 30, 2022	Dec. 31, 2023	Dec. 31, 2022
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Cash and cash equivalents			$ 3,365,778	$ 14,620,757
Accumulated deficit			48,313,177	33,384,219
Net loss			14,928,958	12,534,414
Working capital			1	15,870,377
Proceeds from other equity			32,500,000
Number of common shares issued		$ 30,000,000	4,475,780
Net proceeds			$ 4,475,869
Issued of warrants			11,627,924
Common Stock [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Net loss
Number of common shares issued			$ 202
Sale of stock issued	1,925,000		1,925,000
Sale of stock issued			2,024,127
Proceeds from issuance of warrants	$ 4,261,542
Warrants an exercise price			$ 0.0001
Pre-funded Warrants [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Sale of stock issued	1,575,000		1,575,000
Warrant [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of common shares issued				$ 273,993
Sale of stock issued			7,000,000
Issued of warrants	7,000,000
Convertible shares of common stock	7,000,000		8,575,000	250,121
Warrants an exercise price	$ 1.34		$ 1.34
Warrants expire term	5 years 6 months
Market Offering Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of common shares issued		$ 13,000,000	$ 13,000,000
Gross sales price, percentage		3%
ATM Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Sale of stock issued			99,127
Net proceeds			$ 214,238

Schedule of Estimated Useful Li

Schedule of Estimated Useful Lives of Property and Equipment (Details)	Dec. 31, 2023
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful lives	5 years
Automobiles [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful lives	5 years
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful lives	3 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful lives	15 years
Manufacturing Facility [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful lives	5 years
Manufacturing Facility [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful lives	15 years
Building [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful lives	15 years

Significant Accounting Polici_4

Significant Accounting Policies (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Investments [Line Items]
Cash and cash equivalents	$ 3,365,778	$ 14,620,757
Allowance for doubtful accounts	0	0
Impairment losses related to intangible assets	0	0
Cash and Cash Equivalents [Member]
Schedule of Investments [Line Items]
Cash and cash equivalents	$ 730,802	$ 411,016

Schedule of Inventory (Details)

Schedule of Inventory (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Finished goods	$ 1,717,669	$ 1,200,759
Promotional items	101,660	50,790
Raw materials	1,812,163	94,823
Inventory	$ 3,631,492	$ 1,346,372

Schedule of Property and Equipm

Schedule of Property and Equipment (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Less accumulated depreciation	$ (1,664,580)	$ (557,346)
Property and Equipment, net	14,483,436	11,900,672
Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, gross	2,784,098	2,344,946
Manufacturing Facility [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, gross	3,260,679
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, gross	146,049	143,449
Product Molds [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, gross	524,476	122,675
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, gross	84,070	78,885
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, gross	861,332	675,751
Building [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, gross	6,079,410	6,079,410
Land [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, gross	2,239,405	2,239,405
Automobiles [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, gross	168,497	168,497
Deposits [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, gross		$ 605,000

Property and Equipment (Details

Property and Equipment (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 1,107,292	$ 484,073
Payments to purchase property plant and equipment	$ 3,690,056	11,047,447
Manufacturing Facility [Member]
Property, Plant and Equipment [Line Items]
Payments to purchase property plant and equipment		6,079,410
Land [Member]
Property, Plant and Equipment [Line Items]
Payments to purchase property plant and equipment		$ 2,239,405

Schedule of Change in Intangibl

Schedule of Change in Intangible Assets (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Less accumulated amortization	$ (11,747)	$ (9,297)
Intangible Assets, net	1,338,889	1,268,873
Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, gross	62,706	62,706
License [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, gross	103,329	103,329
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, gross	5,150	5,150
Computer Software, Intangible Asset [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, gross	1,150,000	1,077,534
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, gross	$ 29,451	$ 29,451

Schedule of Amortization of pat

Schedule of Amortization of patent (Details)	Dec. 31, 2023 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2024	$ 232,508
2025	232,508
2026	232,508
2027	232,508
2028 and later	$ 282,674

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expenses	$ 2,450	$ 2,509

Schedule of Prepaid Expenses an

Schedule of Prepaid Expenses and Deposits (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Prepaid Expenses And Deposits
Consulting, services and advertising	$ 5,215	$ 1,313,799
Insurance		20,781
Deposits	1,492,034	699,765
Prepaid expenses and deposits, net	$ 1,497,249	$ 2,034,345

Prepaid expenses and deposits_2

Prepaid expenses and deposits (Details Narrative) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Prepaid Expenses And Deposits
Prepaid expenses and deposits	$ 5,215	$ 1,313,799

Shareholders_ Equity (Details N

Shareholders’ Equity (Details Narrative) - USD ($)			12 Months Ended
	Nov. 02, 2023	Sep. 30, 2022	Dec. 31, 2023	Dec. 31, 2022	Apr. 12, 2022	Apr. 06, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net proceeds			$ 4,475,869
Consulting expense		$ 30,000,000	4,475,780
Incurred share issuance expense			428,300
Value of shares issued for services			4,493,972	2,472,346
Share subscriptions payable			$ 1,814,152	$ 591,289
Common stock, shares authorized			299,000,000	299,000,000
Common stock par value			$ 0.0001	$ 0.0001	$ 0.01	$ 0.01
Share based payment award, options, grants in period, gross			4,743,356	72,500
Series A Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Share based payment award, options, grants in period, gross			100	100
Preferred stock par value			$ 0.0001	$ 0.0001
Preferred stock voting rights			299	299
Series B Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Share based payment award, options, grants in period, gross			100,000	100,000
Preferred stock par value			$ 0.0001	$ 0.0001
Preferred stock voting rights			10,000	10,000
Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Sale of common stock, shares	1,925,000		1,925,000
Consulting expense			$ 202
Number of shares issued			2,024,127
Sale of common stock, value			$ 2,579,500
Number of shares issues for services			250,000	90,000
Value of shares issued for services			$ 25	$ 9
Common stock, shares authorized			299,000,000
Pre-funded Warrants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issued	1,575,000		1,575,000
Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Consulting expense				$ 273,993
Number of shares issued			7,000,000
Consultant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issues for services				10,000
Value of shares issued for services				$ 86,000
Share subscriptions payable				$ 66,329
Share based payment award, options, grants in period, gross			300,000
Consultant [Member] | Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Consulting expense			$ 635,000
Number of shares issued			250,000
Consultant Advisory and Employee [Member] | Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of shares issues for compensation				80,000
Number of shares issues			$ 240,000
Restricted Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Share issuance, shares				45,000
Share issuance, value				$ 260,100
Restricted Stock [Member] | Operating Expense [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Consulting expense				$ 487,602
Restricted Stock [Member] | Consultant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Consulting expense			1,222,863
Maximum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Consulting expense			$ 30,000,000
ATM Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Sale of common stock, shares			99,127
Net proceeds			$ 214,238
Market Offering Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Consulting expense		$ 13,000,000	$ 13,000,000

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Related Party [Member]
Related Party Transaction [Line Items]
Related party loan	$ 2,192	$ 46,096
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Salaries expenses	374,864	387,308
Chief Executive Officer [Member] | Related Party [Member]
Related Party Transaction [Line Items]
Related party loan	2,192	46,096
Officer and Director [Member]
Related Party Transaction [Line Items]
Salaries expenses	$ 271,601	$ 265,858

Schedule of Reconciliation of I

Schedule of Reconciliation of Income Tax (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Loss before income taxes	$ (14,929,000)	$ (12,534,000)
State income taxes, net of federal benefits	(746,000)	(627,000)
Non-deductible portion of meals and entertainment	14,000	41,000
Share base compensation	1,901,000
Interest and penalty		100,000
Adjusted net loss for tax purposes	$ (13,760,000)	$ (13,020,000)
Statutory rate	21%	21%
Income tax benefit	$ (2,889,000)	$ (2,734,000)
Increase in valuation allowance	2,889,000	2,734,000
Provision for income taxes

Schedule of Deferred Income Tax

Schedule of Deferred Income Tax Assets (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Net operating loss carry forwards	$ 6,005,000	$ 3,784,000
Amortization and depreciation	120,000	(98,000)
Change in operating lease	(3,000)	(2,000)
Share base compensation	1,415,000	964,000
Deferred tax assets, gross	7,537,000	4,648,000
Deferred tax assets not recognized	(7,537,000)	(4,648,000)
Net deferred tax asset

Schedule of Deferred Income T_2

Schedule of Deferred Income Taxes Within Each Jurisdiction (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Operating Loss Carryforwards [Line Items]
Deferred income taxes	$ 7,537,000	$ 4,648,000
Valuation allowance	(7,537,000)	(4,648,000)
Net deferred tax asset
Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Deferred income taxes	4,201,000	2,103,000
Foreign Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Deferred income taxes	$ 3,336,000	$ 2,545,000

Schedule of Cumulative Non-capi

Schedule of Cumulative Non-capital Losses (Details)	12 Months Ended
	Dec. 31, 2023 USD ($)
2034	$ 236,000
2035	529,000
2036	1,130,000
2037	1,531,000
2038	520,000
2039	193,000
2040	718,000
2041	3,000,000
2042	4,100,000
2043	3,140,000
Non-capital losses carried forward Total	15,097,000
Never expire	13,497,000
UNITED STATES
2034	53,000
2035	161,000
2036	868,000
2037	1,472,000
2038
2039
2040
2041
2042
2043
Non-capital losses carried forward Total	2,554,000
Never expire	13,497,000
CANADA
2034	183,000
2035	368,000
2036	262,000
2037	59,000
2038	520,000
2039	193,000
2040	718,000
2041	3,000,000
2042	4,100,000
2043	3,140,000
Non-capital losses carried forward Total	12,543,000
Never expire

Income Taxes (Details Narrative

Income Taxes (Details Narrative)	Dec. 31, 2023 USD ($)
Income Tax Disclosure [Abstract]
Non capital losses carried forward	$ 28,594,000
Operating loss carryforwards	$ 28,594,000

Financial Instruments (Details

Financial Instruments (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Product Information [Line Items]
Bad debt expense	$ 0	$ 0
Customer Concentration Risk [Member] | Revenue Benchmark [Member]
Product Information [Line Items]
Concentration risk	10%
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | One Customer [Member]
Product Information [Line Items]
Concentration risk	93%
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Two Customer [Member]
Product Information [Line Items]
Concentration risk		50%
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Customer One [Member]
Product Information [Line Items]
Concentration risk		38%
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Customer Two [Member]
Product Information [Line Items]
Concentration risk		12%
Loan Agreement [Member]
Product Information [Line Items]
Variable interest rate	2.25%	2.25%

Schedule of Changes in Operatin

Schedule of Changes in Operating Assets and Liabilities (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Decrease (increase) in accounts receivable	$ (400,521)	$ 83
Decrease (increase) in other receivable	102,167	(83,311)
Decrease (increase) in inventory	(2,285,120)	(844,600)
Decrease (increase) in prepaid expenses and deposits	(776,709)	(529,438)
Increase (decrease) in lease liability		8,738
Increase (decrease) in payroll taxes payable	85,010	(112,189)
Increase (decrease) in accounts payable and accrued liabilities	(577,124)	995,340
Changes in operating assets and liabilities	$ (3,852,297)	$ (565,377)

Investment (Details Narrative)

Investment (Details Narrative)	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CAD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2019 USD ($) shares
Purchase shares | shares				10,000,000
Purchase value				$ 50,000
Advanced receivable for stock issuance	$ 24,423		$ 24,423
Payments to acquire investments	66,308	$ 90,000
Interest costs incurred	$ 2,818	$ 3,825
Mobile Phone Development Company [Member]
Ownership percentage				10%

Schedule Right-of-use Asset (De

Schedule Right-of-use Asset (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Operating Lease Obligations
Right-of-use asset	$ 917,354	$ 1,238,055
Current lease liability	328,229	387,329
Long-term lease liability	$ 608,761	$ 884,146

Schedule of Lease Costs (Detail

Schedule of Lease Costs (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Operating Lease Obligations
Operating lease cost	$ 488,463	$ 409,179

Schedule of Measurement of Leas

Schedule of Measurement of Lease Liabilities (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Operating Lease Obligations
Operating cashflow	$ 515,776	$ 400,130

Schedule of Future Minimum Leas

Schedule of Future Minimum Lease Payments (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Operating Lease Obligations
2024	$ 400,999
2025	286,395
2026	277,767
2027	117,158
Total future minimum lease payments	1,082,319
Less: amount representing interest	(145,329)
Present value of future payments	936,990
Current portion	328,229	$ 387,329
Long term portion	$ 608,761	$ 884,146

Operating Lease Obligations (De

Operating Lease Obligations (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2019
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Monthly lease payments	$ 515,776	$ 400,130
Lease Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Lease expiration date		Jun. 01, 2022	May 31, 2024	Jul. 31, 2022
Monthly lease payments		$ 20,296	$ 19,910	$ 2,221
Monthly lease payments		22,101
Additional fees		$ 4,418
Monthly lease payments	$ 3,350
Incremental borrowing rate	10%

Loans payable (Details Narrativ

Loans payable (Details Narrative)				12 Months Ended
	Feb. 14, 2023 USD ($)	Feb. 14, 2023 CAD ($)	May 04, 2022 USD ($) ft²	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2020 CAD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2022 CAD ($)
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Total purchase				$ 3,690,056	$ 11,047,447
Proceeds from loans						$ 28,387	$ 40,000
Loan forgiveness percentage						25%	25%
Debt instrument fair value								$ 28,387	$ 40,000
Forgiven debt	$ 7,493	$ 10,000
Loan Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Building purchased | ft²			152,847
Total purchase			$ 8,150,000
Proceeds from loans					$ 5,300,000
Interest rate				2.25%	2.25%
Deposits					$ 667,409
Demand deposit accounts				$ 730,802
Outstanding principal and accrued interest				$ 5,331,889

Loss per Share (Details Narrati

Loss per Share (Details Narrative) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Apr. 01, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Earnings per share basic	$ 0.84	$ 0.73
Earnings per share diluted	$ 0.84	$ 0.73
Weighted average number of shares outstanding basic and diluted	17,689,911	17,078,480
Weighted average number of shares outstanding diluted	17,689,911	17,078,480
Common stock, shares authorized	299,000,000	299,000,000
Common stock, shares issued	20,320,503	17,159,376	10,000
Common stock, shares outstanding	20,320,503	17,159,376
Antidilutive securities, shares		7,669,924
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities, shares	11,627,924	3,939,924
Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities, shares	11,927,924	4,239,924
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities, shares	570,212	1,940,000
Performance Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities, shares	5,063,856	785,000
Equity Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities, shares	5,063,856	785,000
Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock, shares authorized	299,000,000
Common stock, shares issued	20,320,503	17,159,376
Common stock, shares outstanding	20,320,503	17,159,376
Antidilutive securities, shares	17,561,922

Schedule of Warrants Exercise P

Schedule of Warrants Exercise Price (Details)	12 Months Ended
	Dec. 31, 2023 $ / shares shares
Warrant, outstanding	11,627,924
Weighted average life (years)	2 years 14 days
Warrants One [Member]
Exercise price | $ / shares	$ 6.05
Warrant, outstanding	3,446,515
Weighted average life (years)	7 months 6 days
Warrants expiry date	Aug. 06, 2024
Warrants Two [Member]
Exercise price | $ / shares	$ 6.05
Warrant, outstanding	130,909
Weighted average life (years)	7 months 2 days
Warrants expiry date	Aug. 03, 2024
Warrants Three [Member]
Exercise price | $ / shares	$ 4
Warrant, outstanding	300,000
Weighted average life (years)	3 years
Warrants expiry date	Dec. 31, 2026
Warrants Four [Member]
Exercise price | $ / shares	$ 2.40
Warrant, outstanding	62,500
Weighted average life (years)	1 year 2 months 19 days
Warrants expiry date	Mar. 20, 2025
Warrants Five [Member]
Exercise price | $ / shares	$ 1.34
Warrant, outstanding	7,000,000
Weighted average life (years)	5 years 4 months 2 days
Warrants expiry date	May 02, 2029
Warrants Six [Member]
Exercise price | $ / shares	$ 0.0001
Warrant, outstanding	688,000

Schedule of Warrants Activity (

Schedule of Warrants Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule Of Warrants Activity
Number of warrants, balance, beginning of year	3,939,924	5,652,827
Weighted average price, balance, beginning of year	$ 5.84	$ 5.14
Number of warrants, issuance	8,575,000	130,909
Weighted average price, issuance	$ 1.09	$ 6.05
Number of warrants, expired		1,593,691
Weighted average price, expired		$ (4)
Number of warrants, expired		(1,593,691)
Number of warrants, exercise	(887,000)	(250,121)
Weighted average price, exercise	$ 0.0001	$ (2)
Number of warrants, balance, end of period	11,627,924	3,939,924
Weighted average price, balance, ending of year	$ 2.78	$ 5.84

Warrants (Details Narrative)

Warrants (Details Narrative) - USD ($)			12 Months Ended
	Nov. 02, 2023	Sep. 30, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Class of Warrant or Right [Line Items]
Number of warrant			11,627,924
Share Price			$ 89
Number of stock options restricted stock units			400,000
Warrants expired				1,593,691
Shares issued (note 9)		$ 30,000,000	$ 4,475,780
Warrant Agreement [Member]
Class of Warrant or Right [Line Items]
Class of warrant or right number of securities					150,000
Warrants exercise per share					$ 2
Representative warrants are exercisable					1
Additional warrants issued					250,000
Warrants value					$ 37,000
Warrant exercisable description					The exercisable period of the warrants was also amended to a period of five years beginning on January 14, 2021
Pre-funded Warrants [Member]
Class of Warrant or Right [Line Items]
Number of warrant			887,000
Common Stock [Member]
Class of Warrant or Right [Line Items]
Representative warrants are exercisable			887,000
Holder [Member]
Class of Warrant or Right [Line Items]
Number of warrant			300,000	300,000
Cancelled shares			400,000
Warrant [Member]
Class of Warrant or Right [Line Items]
Class of warrant or right number of securities	7,000,000		8,575,000	250,121
Warrants exercise per share	$ 1.34		$ 1.34
Number of warrant	7,000,000
Representative warrants are exercisable					130,909
Shares issued price per share					$ 6.05
Shares issued (note 9)				$ 273,993
Warrant [Member] | Underwritters [Member]
Class of Warrant or Right [Line Items]
Class of warrant or right number of securities					130,909
Common Stock [Member]
Class of Warrant or Right [Line Items]
Connection to the sale	1,925,000		1,925,000
Warrants exercise per share			$ 0.0001
Proceeds from issuance of warrants	$ 4,261,542
Representative warrants are exercisable				73,321
Warrants expired				1,599,179
Shares issued (note 9)			$ 202
Common Stock [Member] | Holder [Member]
Class of Warrant or Right [Line Items]
Representative warrants are exercisable				2
Warrants One [Member]
Class of Warrant or Right [Line Items]
Class of warrant or right number of securities				73,321
Common Stock [Member]
Class of Warrant or Right [Line Items]
Connection to the sale			1,925,000
Pre-funded Warrants [Member]
Class of Warrant or Right [Line Items]
Connection to the sale			1,575,000
Proceeds from issuance of warrants			$ 2,110,342
Warrant [Member]
Class of Warrant or Right [Line Items]
Connection to the sale			7,000,000

Schedule of Stock Options Activ

Schedule of Stock Options Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Number of options, balance, beginning of period	785,000	712,500
Weighted average price, balance, beginning of period	$ 4.74	$ 5
Number of options, granted	4,743,356	72,500
Weighted average price, granted	$ 1.80	$ 2.21
Number of options, cancelled	(464,500)
Weighted average price, cancelled	$ (5.02)
Number of options, balance, end of period	5,063,856	785,000
Weighted average price, balance, end of period	$ 1.96	$ 4.74
Terravis Energy, Inc. [Member]
Number of options, balance, beginning of period	1,350,000
Weighted average price, balance, beginning of period	$ 0.01
Number of options, granted		1,350,000
Weighted average price, granted		$ 0.01
Number of options, balance, end of period	1,350,000	1,350,000
Weighted average price, balance, end of period	$ 0.01	$ 0.01

Schedule of Share-based Payment

Schedule of Share-based Payment Arrangement, Option, Exercise Price Range (Details)	12 Months Ended
	Dec. 31, 2023 $ / shares shares
Lower Range of Exercise prices	$ 1.44
Range of Exercise prices	$ 5.50
Number of Shares Outstanding | shares	5,063,856
Weighted average life (years)	8 years 7 months 17 days
Weighted average exercise price	$ 1.96
Number of Shares Exercisable | shares	1,162,500
Terravis Energy, Inc. [Member]
Range of Exercise prices	$ 0.01
Number of Shares Outstanding | shares	1,350,000
Weighted average life (years)	8 years 3 months 10 days
Weighted average exercise price	$ 0.01
Number of Shares Exercisable | shares	1,350,000

Stock Options and Performance_3

Stock Options and Performance Share Units (Details Narrative) - USD ($)

12 Months Ended

Dec. 29, 2024

Dec. 29, 2023

Sep. 01, 2023

May 01, 2023

Mar. 01, 2023

Dec. 29, 2022

Nov. 11, 2022

Sep. 01, 2022

Mar. 01, 2022

Dec. 29, 2021

Nov. 02, 2021

Oct. 07, 2021

Sep. 02, 2021

Aug. 06, 2021

Jul. 23, 2021

Dec. 31, 2023

Dec. 31, 2022

Apr. 12, 2022

Apr. 06, 2022

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

4,743,356

72,500

Consulting expense

$ 5,754,717

$ 4,899,433

Exercise price

$ 1.80

$ 2.21

Consulting expense

$ 3,853,134

$ 5,418,863

Performance Shares [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Consulting expense

$ 155,314

$ 35,100

Director [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

360,000

Share based payment award vesting rights, description

The options shall vest in six equal installments on January 30, 2023, July 31, 2023, January 30, 2024, July 30, 2024, January 30, 2025, and July 30, 2025.

Fair value

$ 129,480

$ 592,560

Consulting expense

$ 217,542

Exercise price

$ 1.66

Expiry date

Jan. 30, 2033

Steven Rossi [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

1,500,000

Share based payment award vesting rights, description

The stock options shall vest as follows: 20% shall vest upon the Company achieving annual run rate revenue of $10,000,000, measured by $2,500,000 of quarterly revenue; (ii) an additional 20% shall vest upon the Company achieving annual run rate revenue of $20,000,000, measured by $5,000,000 of quarterly revenue; (iii) an additional 20% shall vest upon the Company achieving annual run rate revenue of $30,000,000, measured by $7,500,000 of quarterly revenue; (iv) an additional 20% shall vest upon the Company achieving annual run rate revenue of $40,000,000, measured by $10,000,000 of quarterly revenue; and (v) an additional 20% shall vest upon the Company achieving annual run rate revenue of $50,000,000, measured by $12,500,000 of quarterly revenue.

Consulting expense

$ 374,547

Exercise price

$ 1.584

Expiry date

Oct. 31, 2033

Number of warrant

250,000

250,000

Employees [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Share based payment award vesting rights, description

The stock options will expire 10 years from the grant date. 12,100 stock options shall vest in two equal installments on the second and third anniversary of the grant date. 25,000 stock options shall vest on October 31, 2025

Fair value

$ 56,496

Consulting expense

$ 4,144

Expiration date

10 years

Employees and Consultants and Directors [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

321,150

Share based payment award vesting rights, description

two equal installments on the first and second anniversary of the grant date. 155,400 of the stock options shall expire 10 years after grant date and vest in two equal installments on the first and second anniversary of the grant date. The fair value of the options on the grant date was estimated to be $1,116,856

Fair value

$ 1,116,856

Consulting expense

$ 386,606

Expiration date

5 years

Cancelled shares

49,500

Steven Rossi [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

2,000,000

Share based payment award vesting rights, description

The options shall vest in increments of 10% for each dollar that the Company’s stock price increases between $2.00 and $11.00, as measured using the volume weighted average of the Company’s common stock for ten consecutive trading days

Fair value

$ 2,821,572

Consulting expense

$ 714,798

Exercise price

$ 1.74

Expiry date

May 01, 2033

Employee [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

75,000

Share based payment award vesting rights, description

The options shall vest in two installments, 25,000 on May 18, 2024, and 50,000 on August 1, 2024

Fair value

$ 182,025

Consulting expense

$ 37,632

Exercise price

$ 2.43

Expiry date

May 18, 2033

Employees and Consultant [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

65,000

Share based payment award vesting rights, description

The options shall vest in two equal installments on March 14, 2024, and 2025

Fair value

$ 98,670

Exercise price

$ 1.53

Expiry date

Mar. 14, 2033

Cancelled shares

15,000

Employees wages and salary expense

$ 19,406

Employees and Consultant [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Consulting expense

$ 33,683

Employee One [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

85,106

Share based payment award vesting rights, description

The options shall vest in two installments; a) one fiscal quarter in which the Company generates $3,600,000 in sales with at least 20% unit margin and b) one fiscal quarter in which the Company generates $5,400,000 in sales with at least 30% unit margin

Fair value

$ 129,191

Consulting expense

$ 45,476

Exercise price

$ 1.53

Expiry date

Mar. 14, 2033

Consultant [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

300,000

Share based payment award vesting rights, description

150,000 of the stock options shall vest on January 30, 2023, and 75,000 of the stock options shall each vest on March 1, 2023 and September 1, 2023

Fair value

$ 486,600

Consulting expense

$ 486,600

Exercise price

$ 1.66

Expiry date

Jan. 30, 2028

Advisor One [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

5,000

10,000

Fair value

$ 353,230

$ 21,780

Exercise price

$ 2.19

Expiry date

Oct. 07, 2026

Feb. 07, 2027

Exercise price

$ 5.50

Advisor Two [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

62,500

50,000

Fair value

$ 261,400

Exercise price

$ 2.37

Expiry date

Nov. 02, 2026

May 05, 2032

Exercise price

$ 5.24

Consulting expense

$ 0

$ 32,856

Advisor [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Consulting expense

0

$ 283,180

Consultant Two [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

12,500

Share based payment award vesting rights, description

The options are earned in four equal installments on February 27, 2023, May 29, 2023, August 29, 2023, and November 27, 2023. The options shall vest one year after being earned on February 27, 2024, May 29, 2024, August 29, 2024, and November 27, 2024

Fair value

$ 18,725

Consulting expense

$ 17,083

$ 1,642

Exercise price

$ 1.60

Expiry date

Nov. 29, 2032

Officers and Directors [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

1,350,000

Exercise price

$ 0.01

Expiry date

Apr. 12, 2032

Director Three [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

15,000

Share based payment award vesting rights, description

The stock options vested on January 1, 2022.

Expiry date

Jul. 23, 2026

Exercise price

$ 5.50

Consulting expense

$ 0

$ 799

Directors Advisors and Officers [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

140,000

Share based payment award vesting rights, description

The stock options vested on January 1, 2022.

Fair value

$ 754,189

Expiry date

Aug. 06, 2026

Exercise price

$ 5.50

Consulting expense

0

5,105

Consultant Three [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

400,000

Fair value

$ 2,112,000

Consulting expense

$ 87,514

1,058,917

Expiry date

Sep. 01, 2026

Cancelled shares

400,000

Exercise price

$ 5.32

Stock option vested

100,000

100,000

100,000

100,000

Number of warrant

300,000

Board Of Members [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

90,000

Fair value

$ 224,280

Expiry date

Dec. 29, 2026

Exercise price

$ 2.51

Consulting expense

$ 75,170

73,941

Stock option vested

10,000

10,000

Board Of Members [Member] | Forecast [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Stock option vested

10,000

Maximum [Member] | Employees and Consultants and Directors [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

108,750

Exercise price

$ 4.20

Minimum [Member] | Employees and Consultants and Directors [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Exercise price

$ 2.55

Restricted Stock Units (RSUs) [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Shares issued (note 9), shares

1,600,000

Performance Shares [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Shares issued (note 9), shares

400,000

Share based payment award vesting rights, description

The PSUs vest in 5% increments according to the modified schedule that correlates with the Company’s stock price. The first 5% of the PSUs vest upon the Company’s stock price closing at $2.25, 50% will have vested at a closing price of $5.31, and 100% will have vested at a closing price of $13.76

Fair value

$ 1,254,460

Fair values of options vested

75,000

Fair values of options vested

300,000

Performance Shares [Member] | Chief Executive Officer [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

400,000

Share based payment award vesting rights, description

The PSUs were to vest in 5% increments according to a schedule that correlates with the Company’s stock price. The first 5% of the PSUs was to have vested upon the Company’s stock price closing at $3.00, 50% was to have vested at a closing price of $16.50, and 100% was to have vested at a closing price of $31.50

Consulting expense

$ 0

$ 232,312

Performance Shares [Member] | Director [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

300,000

Share based payment award vesting rights, description

The PSUs were to vest in 5% increments according to a schedule that correlates with the Company’s stock price. The first 5% of the PSUs was to have vested upon the Company’s stock price closing at $3.00, 50% was to have vested at a closing price of $16.50, and 100% was to have vested at a closing price of $31.50

Fair value

$ 1,344,570

Performance Shares [Member] | Other Trading [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Fair value

$ 100,000

Performance Shares [Member] | Maximum [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

400,000

Performance Shares [Member] | Minimum [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

300,000

Stock Options [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Shares issued (note 9), shares

2,000,000

Second and Third Anniversary [Member] | Employees [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

12,100

Exercise price

$ 1.70

Vest On October 31, 2025 [Member] | Employees [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Number of stock options grants

25,000

Exercise price

$ 1.44

2015, 2021 and 2022 Equity Incentive Plans [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Share based compensation, description

the number of shares of common stock reserved for issuance under the option plan shall not exceed 10% of the issued and outstanding shares of common stock of the Company, have a maximum term of 10 years, and vest at the discretion of the Board of Directors

Rental Income (Details Narrativ

Rental Income (Details Narrative)	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CAD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2019 USD ($)
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Lease payments	$ 515,776		$ 400,130
Rental income	$ 184,564		$ 213,383
Sublease Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Sublease commence date	Sep. 15, 2022	Sep. 15, 2022
Expiration date	May 31, 2024	May 31, 2024
Lease payments	$ 15,515	$ 19,992
Lease Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Expiration date			Jun. 01, 2022	May 31, 2024	Jul. 31, 2022
Lease payments			$ 20,296	$ 19,910	$ 2,221
Lease Agreement [Member] | Third Party [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Expiration date	Dec. 31, 2022	Dec. 31, 2022
Lease payments	$ 33,750

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)

12 Months Ended

Jul. 17, 2026

Jul. 17, 2025

Mar. 20, 2024

Mar. 18, 2024

Feb. 07, 2024

Jan. 11, 2024

Dec. 31, 2023

Dec. 31, 2022

Feb. 05, 2024

Nov. 02, 2023

Apr. 12, 2022

Apr. 06, 2022

Apr. 01, 2022

Subsequent Event [Line Items]

Issued of warrants

11,627,924

Common stock, par value

$ 0.0001

$ 0.0001

$ 0.01

$ 0.01

Shares of common stock for services received valued

$ 4,493,972

$ 2,472,346

Share based payment award, options, grants in period, gross

4,743,356

72,500

Share Price

$ 89

Common Stock, Shares, Issued

20,320,503

17,159,376

10,000

Common Stock [Member]

Subsequent Event [Line Items]

Shares of common stock for services

250,000

90,000

Shares of common stock for services received valued

$ 25

$ 9

Common Stock, Shares, Issued

20,320,503

17,159,376

Warrants an exercise price

$ 0.0001

Warrant [Member]

Subsequent Event [Line Items]

Issued of warrants

7,000,000

Warrants an exercise price

$ 1.34

$ 1.34

Pre-funded Warrants [Member]

Subsequent Event [Line Items]

Issued of warrants

887,000

Employees [Member]

Subsequent Event [Line Items]

Expiration period

10 years

Subsequent Event [Member]

Subsequent Event [Line Items]

Restricted stock

53,194

Common stock, par value

$ 0.0001

Warrants and rights outstanding

$ 69

Shares of common stock for services

1,343

Shares of common stock for services received valued

$ 2,000

Subsequent Event [Member] | Securities Purchase Agreement [Member] | Common Stock [Member]

Subsequent Event [Line Items]

Purchase of stock

3,850,132

Warrants an exercise price

$ 0.74

Direct offering and concurrent private placement

$ 2,800,000

Subsequent Event [Member] | Securities Purchase Agreement [Member] | Warrant [Member]

Subsequent Event [Line Items]

Purchase of stock

7,700,264

Subsequent Event [Member] | Securities Purchase Agreement [Member] | Pre Funded Warrant [Member]

Subsequent Event [Line Items]

Warrants an exercise price

$ 0.74

Subsequent Event [Member] | Stock Option One [Member]

Subsequent Event [Line Items]

Stock options, shares

8,300

Expiration period

5 years

Common Stock, Shares, Issued

504,921

Issuance costs

$ 566,118

Subsequent Event [Member] | Stock Option Two [Member]

Subsequent Event [Line Items]

Stock options, shares

60,500

Expiration period

10 years

Subsequent Event [Member] | Minimum [Member]

Subsequent Event [Line Items]

Share Price

$ 0.62

Subsequent Event [Member] | Maximum [Member]

Subsequent Event [Line Items]

Share Price

$ 1.41

Subsequent Event [Member] | Pre-funded Warrants [Member]

Subsequent Event [Line Items]

Issued of warrants

688,000

Subsequent Event [Member] | Common Stock [Member]

Subsequent Event [Line Items]

Issued of warrants

688,000

Subsequent Event [Member] | Employees [Member]

Subsequent Event [Line Items]

Share based payment award, options, grants in period, gross

68,800

Vesting shares

8,300

Vesting shares, percentage

50%

50%