v3.26.1
Related party transactions
6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Related party transactions

 

11.Related party transactions:

 

For the quarter ended June 30, 2026, the Company has the following related party transactions:

 

   Six Months
ended
June 30, 2026
   Six Months
ended
June 30, 2025
   Three Months
ended
June 30, 2026
   Three Months
ended
June 30, 2025
 
                 
Bonuses and incentive compensation   307,587    466,680    307,587    466,680 
Directors fees  $4,077   $5,051   $2,066   $1,556 
Salaries, wages, consultants and benefits   326,285    205,723    152,272    99,574 
Selling and marketing   93,195    135,040    52,331    53,944 
Stock-based compensation (Note 9)   37,205    34,333    18,424    17,381 
Software technology development (Note 7)   196,402    146,223    104,106    103,576 
Closing balance for the period  $964,751   $993,050   $636,786   $742,711 

 

The Company has liabilities of $93,059 (December 31, 2025 - $81,840) as at June 30, 2026, to current directors, officers and companies owned by the current directors and officers of the Company for employment, director and consulting fees.

 

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