| Segmented information |
| 12. |
Segmented information: |
In
accordance with ASC 280-10-50-11 Segmented Disclosure, the Company operates one reportable business segments, the sale of Ad tech advertising.
The Company’s chief operating decision makers are the Chairman, Chief Executive Officer and President. The Company’s chief
operating decision makers reviews financial information on a consolidated basis, principally to make decisions about how to allocate
resources and to measure the Company’s performance. The chief operating decision maker reviews consolidated net income (loss),
which is the measure of financial profit and loss most closely aligned with generally accepted accounting principles.
Reconciliation
to net income:
Schedule
of Reconciliation Segmented Information
| | |
Nine
Months ended
September
30, 2025 | | |
Nine
Months ended
September
30, 2024 | | |
Three
Months ended
September
30, 2025 | | |
Three
Months ended
September
30, 2024 | |
| Revenue | |
$ | 8,835,040 | | |
$ | 6,560,022 | | |
$ | 3,666,521 | | |
$ | 2,287,776 | |
| | |
| | | |
| | | |
| | | |
| | |
| Cost of revenue | |
| 4,223,185 | | |
| 3,149,880 | | |
| 1,877,511 | | |
| 1,079,212 | |
| | |
| | | |
| | | |
| | | |
| | |
| Gross profit | |
| 4,611,855 | | |
| 3,410,142 | | |
| 1,789,010 | | |
| 1,208,564 | |
| | |
| | | |
| | | |
| | | |
| | |
| Segment operating expenses | |
| 4,691,220 | | |
| 3,349,201 | | |
| 1,583,813 | | |
| 1,141,731 | |
| Total operating (loss) income | |
| (79,365 | ) | |
| 60,941 | | |
| 205,197 | | |
| 66,833 | |
| | |
| | | |
| | | |
| | | |
| | |
| Unallocated expenses | |
| 1,025,414 | | |
| 1,063,492 | | |
| 288,051 | | |
| 326,749 | |
| Amortization and expiration
of Operating lease right-of-use assets | |
| - | | |
| 6,781 | | |
| - | | |
| - | |
| Depreciation | |
| 136,622 | | |
| 198,802 | | |
| 45,667 | | |
| 45,313 | |
| Foreign exchange (gain)
loss | |
| (3,060 | ) | |
| 25,666 | | |
| 9,073 | | |
| (3,094 | ) |
| Interest and other income | |
| (30,871 | ) | |
| (639 | ) | |
| (24,633 | ) | |
| (629 | ) |
| Loss on disposal of equipment | |
| - | | |
| 1,927 | | |
| - | | |
| - | |
| Stock-based compensation | |
| 155,154 | | |
| 277,348 | | |
| 65,705 | | |
| 104,778 | |
| | |
| | | |
| | | |
| | | |
| | |
The
Company had the following revenue by geographical region based on impression served.
Schedule
of Revenue By Geographical Region
| | |
Nine
Months ended
September
30, 2025 | | |
Nine
Months ended
September
30, 2024 | | |
Three
Months ended
September
30, 2025 | | |
Three
Months ended
September
30, 2024 | |
| Total revenue | |
| | | |
| | | |
| | | |
| | |
| Western Europe | |
$ | 3,032,810 | | |
$ | 2,631,042 | | |
$ | 1,296,193 | | |
$ | 919,564 | |
| Central, Eastern and Southern Europe | |
| 756,393 | | |
| 439,496 | | |
| 236,992 | | |
| 153,880 | |
| North America | |
| 4,674,007 | | |
| 3,100,194 | | |
| 1,977,653 | | |
| 1,106,938 | |
| Rest of World | |
| 371,830 | | |
| 389,290 | | |
| 155,683 | | |
| 107,394 | |
| | |
| | | |
| | | |
| | | |
| | |
| Total revenue | |
$ | 8,835,040 | | |
$ | 6,560,022 | | |
$ | 3,666,521 | | |
$ | 2,287,776 | |
| 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) |
| |
| 12. |
Segmented information:
(Continued) |
Equipment
The
Company’s equipment is located as follows:
Schedule
of Equipment Geographical Region
| Net Book Value | |
September
30, 2025 | | |
December
31, 2024 | |
| | |
| | |
| |
| Canada | |
$ | 20,593 | | |
$ | 17,213 | |
| Israel | |
| 7,451 | | |
| 5,707 | |
| United Kingdom | |
| 2,055 | | |
| 2,883 | |
| Total equipment | |
$ | 30,099 | | |
$ | 25,803 | |
|