XML 18 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Revenue:    
Total revenue $ 12,475,480 $ 7,148,029
Cost of sales: 7,143,148 3,800,114
Total cost of sales 7,143,148 3,800,114
Gross profit 5,332,332 3,347,915
Operating expenses:    
Amortization of operating lease right-of-use assets (Note 14) 40,851 54,071
Depreciation and amortization (Note 5 and 6) 565,540 564,628
Directors fees 8,000 8,248
General and administrative (Note 17) 604,882 528,708
Salaries, wages, consultants and benefits 693,964 470,658
Selling and marketing 641,393 397,948
Stock awareness program (Note 18) 402,845
Stock-based compensation (Note 10) 660,266 158,883
Content and software development (Note 8) 1,678,848 1,149,902
Total operating expenses 5,296,589 3,333,046
Income before other income (expense) and income taxes 35,743 14,869
Other income (expense):    
Foreign exchange (loss) gain (69,835) 32,856
Gain on derivative liability – warrants (Note 2i) 60,207
Interest and other income 241 1,003
Net income before income taxes 26,356 48,728
(Provision for) recovery of income taxes (Note 13) (6,178) 55,243
Deferred taxation expense (Note 13) (210,499)
Net (loss) income after tax (190,321) 103,971
Other comprehensive income (loss)
Comprehensive (loss) income $ (190,321) $ 103,971
Basic and diluted (loss) income per common share (Note 2) $ (0.00) $ 0.00
Weighted average common shares outstanding, basic (Note 2) 131,340,989 131,124,989
Weighted average common shares outstanding, diluted (Note 2) 131,340,989 131,124,989
Advertising [Member]    
Revenue:    
Total revenue $ 12,243,866 $ 6,748,064
Content [Member]    
Revenue:    
Total revenue $ 231,614 $ 399,965