| Segmented information |
| 12. | Segmented information: |
In
accordance with ASC 280-10-50-11 Segmented Disclosure, the Company operates 1one
reportable business segments, the sale of Ad tech advertising. The Company’s chief operating decision makers are the Chairman,
Chief Executive Officer, Chief Operations Officer and Chief Strategy Officer. The Company’s chief operating decision makers reviews
financial information on a consolidated basis,
KIDOZ
INC. and subsidiaries
(Expressed
in United States Dollars)
Notes
to Unaudited Condensed Interim Consolidated Financial Statements
Six
Months ended June 30, 2026 and 2025
(Unaudited)
| 12. | Segmented information:
(Continued) |
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
| | |
Six Months
ended
June 30, 2026 | | |
Six Months
ended
June 30, 2025 | | |
Three Months
ended
June 30, 2026 | | |
Three Months
ended
June 30, 2025 | |
| Revenue | |
$ | 6,281,576 | | |
$ | 5,168,519 | | |
$ | 3,334,835 | | |
$ | 2,430,216 | |
| | |
| | | |
| | | |
| | | |
| | |
| Cost of revenue | |
| 3,607,888 | | |
| 2,684,203 | | |
| 1,916,253 | | |
| 1,268,244 | |
| | |
| | | |
| | | |
| | | |
| | |
| Gross profit | |
| 2,673,688 | | |
| 2,484,316 | | |
| 1,418,582 | | |
| 1,161,972 | |
| | |
| | | |
| | | |
| | | |
| | |
| Segment operating expenses | |
| 4,049,237 | | |
| 2,944,192 | | |
| 2,489,986 | | |
| 1,948,400 | |
| Total operating (loss) income | |
| (1,375,549 | ) | |
| (459,876 | ) | |
| (1,071,404 | ) | |
| (786,428 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Unallocated expenses | |
| 863,969 | | |
| 562,049 | | |
| 426,949 | | |
| 280,738 | |
| Depreciation | |
| 92,054 | | |
| 90,955 | | |
| 45,976 | | |
| 45,595 | |
| Foreign exchange (gain) loss | |
| 62,373 | | |
| (12,133 | ) | |
| 1,937 | | |
| 21,064 | |
| Interest income | |
| (20,391 | ) | |
| (6,238 | ) | |
| (7,119 | ) | |
| (5,764 | ) |
| Stock awareness program | |
| (81,349 | ) | |
| - | | |
| (16,468 | ) | |
| - | |
| Stock-based compensation | |
| 89,212 | | |
| 89,449 | | |
| 44,174 | | |
| 45,581 | |
| | |
| | | |
| | | |
| | | |
| | |
The
Company had the following revenue by geographical region based on impression served.
Schedule of Revenue By Geographical Region
| | |
Six Months
ended
June 30, 2026 | | |
Six Months
ended
June 30, 2025 | | |
Three Months
ended
June 30, 2026 | | |
Three Months
ended
June 30, 2025 | |
| Total revenue | |
| | | |
| | | |
| | | |
| | |
| Western Europe | |
$ | 2,288,929 | | |
$ | 1,736,617 | | |
$ | 1,279,860 | | |
$ | 976,639 | |
| Central, Eastern and Southern Europe | |
| 674,678 | | |
| 519,401 | | |
| 362,016 | | |
| 355,707 | |
| North America | |
| 2,786,878 | | |
| 2,696,357 | | |
| 1,419,339 | | |
| 949,874 | |
| Rest of World | |
| 531,091 | | |
| 216,144 | | |
| 273,620 | | |
| 147,996 | |
| | |
| | | |
| | | |
| | | |
| | |
| Total revenue | |
$ | 6,281,576 | | |
$ | 5,168,519 | | |
$ | 3,334,835 | | |
$ | 2,430,216 | |
Equipment
The
Company’s equipment is located as follows:
Schedule
of Equipment By Location
| Net Book Value | |
June 30, 2026 | | |
December 31, 2025 | |
| | |
| | |
| |
| Canada | |
$ | 21,510 | | |
$ | 25,167 | |
| Israel | |
| 6,729 | | |
| 8,371 | |
| United Kingdom | |
| 5,939 | | |
| 4,514 | |
| Total equipment | |
$ | 34,178 | | |
$ | 38,052 | |
KIDOZ
INC. and subsidiaries
(Expressed
in United States Dollars)
Notes
to Unaudited Condensed Interim Consolidated Financial Statements
Six
Months ended June 30, 2026 and 2025
(Unaudited)
|