NOTE 8 - DEFERRED REVENUE - PARTICIPATION AGREEMENTS: Schedule of License Co-Development Participation Agreements (Details)
|
3 Months Ended |
Mar. 31, 2021
USD ($)
$ / shares
shares
|
License Co-Development Participation Agreements - Amount Funded |
$ 2,940,000
|
License Co-Development Participation Agreements - Warrants | shares |
8,370,000
|
License Co-Development Participation Agreements - Revenue Share |
44.10%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 1,017,000
|
Agreement #1 |
|
License Co-Development Participation Agreements - Date of Funding |
Apr. 13, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 100,000
|
License Co-Development Participation Agreements - Warrants | shares |
300,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.12
|
License Co-Development Participation Agreements - Revenue Share |
1.50%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 0
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
40.00%
|
Agreement #2 |
|
License Co-Development Participation Agreements - Date of Funding |
Apr. 13, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 150,000
|
License Co-Development Participation Agreements - Warrants | shares |
450,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.12
|
License Co-Development Participation Agreements - Revenue Share |
2.25%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 0
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
40.00%
|
Agreement #3 |
|
License Co-Development Participation Agreements - Date of Funding |
Apr. 13, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 150,000
|
License Co-Development Participation Agreements - Warrants | shares |
450,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.12
|
License Co-Development Participation Agreements - Revenue Share |
2.25%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 0
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
40.00%
|
Agreement #4 |
|
License Co-Development Participation Agreements - Date of Funding |
May 07, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 250,000
|
License Co-Development Participation Agreements - Warrants | shares |
750,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.12
|
License Co-Development Participation Agreements - Revenue Share |
3.75%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 0
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
40.00%
|
Agreement #5 |
|
License Co-Development Participation Agreements - Date of Funding |
Jun. 01, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 275,000
|
License Co-Development Participation Agreements - Warrants | shares |
825,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.11
|
License Co-Development Participation Agreements - Revenue Share |
4.13%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 82,500
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
50.00%
|
Agreement #6 |
|
License Co-Development Participation Agreements - Date of Funding |
Jun. 03, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 225,000
|
License Co-Development Participation Agreements - Warrants | shares |
675,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.11
|
License Co-Development Participation Agreements - Revenue Share |
3.38%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 67,500
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
50.00%
|
Agreement 7 |
|
License Co-Development Participation Agreements - Date of Funding |
Jul. 08, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 100,000
|
License Co-Development Participation Agreements - Warrants | shares |
300,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.12
|
License Co-Development Participation Agreements - Revenue Share |
1.50%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 30,000
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
50.00%
|
Agreement 8 |
|
License Co-Development Participation Agreements - Date of Funding |
Aug. 24, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 125,000
|
License Co-Development Participation Agreements - Warrants | shares |
375,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.12
|
License Co-Development Participation Agreements - Revenue Share |
1.88%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 37,500
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
50.00%
|
Agreement 9 |
|
License Co-Development Participation Agreements - Date of Funding |
Sep. 14, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 150,000
|
License Co-Development Participation Agreements - Warrants | shares |
450,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.12
|
License Co-Development Participation Agreements - Revenue Share |
2.25%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 45,000
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
50.00%
|
Agreement 10 |
|
License Co-Development Participation Agreements - Date of Funding |
Sep. 15, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 50,000
|
License Co-Development Participation Agreements - Warrants | shares |
150,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.12
|
License Co-Development Participation Agreements - Revenue Share |
0.75%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 15,000
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
50.00%
|
Agreement 11 |
|
License Co-Development Participation Agreements - Date of Funding |
Sep. 15, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 50,000
|
License Co-Development Participation Agreements - Warrants | shares |
150,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.12
|
License Co-Development Participation Agreements - Revenue Share |
0.75%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 15,000
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
50.00%
|
Agreement 12 |
|
License Co-Development Participation Agreements - Date of Funding |
Sep. 25, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 300,000
|
License Co-Development Participation Agreements - Warrants | shares |
450,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.12
|
License Co-Development Participation Agreements - Revenue Share |
4.50%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 420,000
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
50.00%
|
Agreement 13 |
|
License Co-Development Participation Agreements - Date of Funding |
Oct. 08, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 500,000
|
License Co-Development Participation Agreements - Warrants | shares |
1,500,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.12
|
License Co-Development Participation Agreements - Revenue Share |
7.50%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 150,000
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
40.00%
|
Agreement 14 |
|
License Co-Development Participation Agreements - Date of Funding |
Oct. 04, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 100,000
|
License Co-Development Participation Agreements - Warrants | shares |
30,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.12
|
License Co-Development Participation Agreements - Revenue Share |
1.50%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 30,000
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
40.00%
|
Agreement 15 |
|
License Co-Development Participation Agreements - Date of Funding |
Oct. 08, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 250,000
|
License Co-Development Participation Agreements - Warrants | shares |
750,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.12
|
License Co-Development Participation Agreements - Revenue Share |
3.75%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 75,000
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
40.00%
|
Agreement 16 |
|
License Co-Development Participation Agreements - Date of Funding |
Oct. 09, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 50,000
|
License Co-Development Participation Agreements - Warrants | shares |
150,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.12
|
License Co-Development Participation Agreements - Revenue Share |
0.75%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 15,000
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
40.00%
|
Agreement 17 |
|
License Co-Development Participation Agreements - Date of Funding |
Dec. 16, 2020
|
License Co-Development Participation Agreements - Amount Funded |
$ 10,000
|
License Co-Development Participation Agreements - Warrants | shares |
30,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.14
|
License Co-Development Participation Agreements - Revenue Share |
0.15%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 3,000
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
50.00%
|
Agreement 18 |
|
License Co-Development Participation Agreements - Date of Funding |
Jan. 22, 2021
|
License Co-Development Participation Agreements - Amount Funded |
$ 40,000
|
License Co-Development Participation Agreements - Warrants | shares |
120,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.14
|
License Co-Development Participation Agreements - Revenue Share |
0.60%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 12,000
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
50.00%
|
Agreement 19 |
|
License Co-Development Participation Agreements - Date of Funding |
Jan. 25, 2021
|
License Co-Development Participation Agreements - Amount Funded |
$ 40,000
|
License Co-Development Participation Agreements - Warrants | shares |
120,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.14
|
License Co-Development Participation Agreements - Revenue Share |
0.06%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 12,000
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
50.00%
|
Agreement 20 |
|
License Co-Development Participation Agreements - Date of Funding |
Jan. 27, 2021
|
License Co-Development Participation Agreements - Amount Funded |
$ 25,000
|
License Co-Development Participation Agreements - Warrants | shares |
75,000
|
License Co-Development Participation Agreements - Term |
5 years
|
License Co-Development Participation Agreements - Exercise Price | $ / shares |
$ 0.14
|
License Co-Development Participation Agreements - Revenue Share |
0.38%
|
License Co-Development Participation Agreements - Minimum Payment Threshold |
$ 7,500
|
License Co-Development Participation Agreements - Buy-back Premium % pre-18 mos |
40.00%
|
License Co-Development Participation Agreements - Buy-back Premium % post 18 mos |
50.00%
|