v3.26.1
Related party transactions
 12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
Related party transactions
14. Related party transactions:

 

As at and for the year ended December 31, 2025, the Company has the following related party transactions:

  

   2025   2024   2023 
Directors fees  $8,679   $8,510   $7,505 
Salaries, wages, consultants and benefits   795,356    535,692    667,229 
Selling and marketing   321,001    142,413    70,439 
Stock-based compensation (Note 10)   100,520    144,552    188,961 
Software technology development (Note 8)   508,813    323,138    248,780 
Closing balance for the year  $1,734,369   $1,154,305   $1,182,914 

 

The Company has liabilities of $81,840 (2024 - $66,181) as at December 31, 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 year ended December 31, 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.

 

During the year ended December 31, 2024, the Company granted 1,056,250 options with an exercise price of CAD$0.20 ($0.14) per share to current directors and officers of the Company.

 

During the year ended December 31, 2023, the Company granted 400,000 options with an exercise price of CAD$0.30 ($0.22) per share to current directors and officers of the Company.

 

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