Related party transactions

6 Months Ended

Jun. 30, 2023

Related Party Transactions [Abstract]

Related party transactions

13. Related party transactions:

For the quarter ended June 30, 2023, the Company has the following related party transactions:

	Six Months ended June 30, 2023		Six Months ended June 30, 2022		Three Months ended June 30, 2023		Three Months ended June 30, 2022
Directors fees	$	4,000	$	3,998	$	2,000	$	2,998
Salaries, wages, consultants and benefits		316,778		378,004		154,113		150,611
Selling and marketing		43,324		64,897		15,803		34,443
Stock-based compensation (Note 9)		79,761		137,355		48,779		72,384
Content and software development (Note 7)		134,875		124,265		76,048		64,605
Closing balance for the period	$	578,738	$	708,519	$	296,743	$	325,041

The Company has liabilities of $62,555 (December 31, 2022 - $80,874) as at June 30, 2023, to current directors, officers and companies owned by the current directors and officers of the Company for employment, director and consulting fees.

During the quarter ended March 31, 2023, the Company granted 400,000 options with an exercise price of CAD$0.30 ($0.22) per share.

During the quarter ended March 31, 2022, the Company granted 900,000 options with an exercise price of CAD$0.50 ($0.39) per share.

Kidoz Inc. and subsidiaries

(Expressed in United States Dollars)

Notes to Unaudited Condensed Interim Consolidated Financial Statements

Three Months ended June 30, 2023 and 2022

(Unaudited)