Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies and New Accounting Standards (Tables)

v3.22.2.2
Summary of Significant Accounting Policies and New Accounting Standards (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Schedule of measured at fair value on a recurring basis
          Fair value measurements at reporting date using:  
Description   Fair
Value
   

Quoted prices
in active
markets
for identical
liabilities

(Level 1)

   

Significant
other
observable
inputs

(Level 2)

   

Significant
unobservable
inputs

(Level 3)

 
Liabilities:                        
Public Warrant liabilities, June 30, 2022   $ 238,464     $ 238,464     $
          -
    $
          -
 
Representative Warrant liabilities, June 30, 2022   $ 7,339     $
-
    $
-
    $ 7,339  
                                 
Liabilities:                                
Public Warrant liabilities, December 31, 2021   $ 1,361,600     $
-
    $
-
    $ 1,361,600  
Representative Warrant liabilities, December 31, 2021   $ 91,200     $     $     $ 91,200  

 

Schedule of computation of diluted net loss per share
    Six months ended
June 30,
 
    2022     2021  
Stock options     1,000,000      
-
 
Warrants     12,600,000      
-
 
Restricted stock units     200,000      
-
 

 

Schedule of relevant translation rates
    June 30,
2022
    December 31,
2021
 
             
Closing rate, British Pound (GBP) to US$ at period end     1.214       1.348  
Average rate, GBP to US$ for the period ended     1.299       1.371  
Closing rate, Euro (EUR) to US$ at period end     1.045       1.132  
Average rate, EUR to US$ for the period ended     1.087       1.143