v3.25.3
Related party transactions
 9 Months Ended
Sep. 30, 2025
Related Party Transactions [Abstract]  
Related party transactions

 

11. Related party transactions:

 

For the quarter ended September 30, 2025, the Company has the following related party transactions:

 

  

Nine Months ended

September 30, 2025

  

Nine Months ended

September 30, 2024

  

Three Months ended

September 30, 2025

  

Three Months ended

September 30, 2024

 
                 
Directors fees  $6,611   $7,510   $1,560   $1,994 
Salaries, wages, consultants and benefits   453,413    503,114    135,376    169,988 
Selling and marketing   201,541    45,810    60,292    14,112 
Stock-based compensation (Note 9)   60,188    105,030    26,411    40,648 
Software technology development (Note 7)   339,217    180,620    118,198    59,414 
Closing balance for the period  $1,060,970   $842,084   $341,837   $286,156 

 

The Company has liabilities of $96,656 (December 31, 2024 - $66,181) as at September 30, 2025, to current directors, officers and companies owned by the current directors and officers of the Company for employment, director and consulting fees.

 

During the period ended September 30, 2025, the Company granted 913,333 options with an exercise price of CAD$0.25 ($0.18) to current directors and officers of the Company.

 

The related party transactions are in the normal course of operations, including bonuses, and were measured at the currency exchange amount, which is the amount of consideration established and agreed to by the related parties.

 

 

KIDOZ INC. and subsidiaries
(Expressed in United States Dollars)
 
Notes to Unaudited Condensed Interim Consolidated Financial Statements
Nine Months ended September 30, 2025 and 2024
(Unaudited)