| Schedule of Reconciliation Segmented Information |
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 | |
| | |
| | | |
| | | |
| | | |
| | |
|
| Schedule of Revenue By Geographical Region |
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 | |
|
| Schedule of Equipment Geographical Region |
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 | |
|