| Schedule of Reconciliation Segmented Information |
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 | |
| | |
| | | |
| | | |
| | | |
| | |
|
| Schedule of Equipment By Location |
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 | |
|
| 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
| | |
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 | |
|