Fair value measurement

12 Months Ended

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Fair value measurement

11. Fair value measurement:

The following table sets forth the fair value of the Company’s financial assets and liabilities measured at fair value on a recurring basis based on the three-tier fair value hierarchy.

	Level 1		Level 2			Level 3		Total
As at December 31, 2022
Assets
Cash	$	2,363,530	$	-		$	-	$	2,363,530
Long term cash equivalent		22,310		-			-		22,310
Liabilities
Derivative liability – warrants		-		(51	)		-		(51	)
Total assets (liabilities) measured and recorded at fair value	$	2,385,840	($	51	)	$	-	$	2,385,789
		Level 1		Level 2			Level 3		Total
As at December 31, 2021
Assets
Cash	$	2,078,607	$	-		$	-	$	2,078,607
Long term cash equivalent		23,624		-			-		23,624
Liabilities
Derivative liability – warrants		-		(23,365	)		-		(23,365	)
Total assets measured and recorded at fair value	$	2,102,231	($	23,365	)	$	-	$	2,078,866

Kidoz Inc. and subsidiaries

(Expressed in United States Dollars)

Notes to Consolidated Financial Statements

Years ended December 31, 2022, 2021 and 2020