Related party transactions

12 Months Ended

Dec. 31, 2022

Related Party Transactions [Abstract]

Related party transactions

15. Related party transactions:

As at and for the year ended December 31, 2022, the Company has the following related party transactions:

	2022		2021		2020
Directors fees	$	8,970	$	8,000	$	8,248
Salaries, wages, consultants and benefits		659,558		612,492		456,042
Selling and marketing		126,920		77,906		57,498
Stock-based compensation (Note 10)		276,207		237,348		61,701
Content and software development (Note 8)		246,016		214,843		156,522
Closing balance for the year	$	1,317,671	$	1,150,589	$	740,011

The Company has liabilities of $80,874 (2021 - $53,829) as at December 31, 2022, to current directors, officers and companies owned by the current directors and officers of the Company for employment, director and consulting fees.

During the year ended December 31, 2022, the Company granted 900,000 options with an exercise price of CAD$0.50 ($0.39) per share to current directors and officers of the Company.

During the year ended December 31, 2021, the Company granted the following options to related parties:

a) 400,000 options with an exercise price of CAD$0.50 ($0.39) per share

b) 400,000 options with an exercise price of CAD$1.02 ($0.80) per share

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