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Fair value measurement
9 Months Ended
Sep. 30, 2023
Fair Value Disclosures [Abstract]  
Fair value measurement

10. 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 September 30, 2023                    
Assets                    
Cash  $1,468,955   $-   $-   $1,468,955 
Long term cash equivalent   23,271    -    -    23,271 
Liabilities                    
Derivative liability – warrants   -    -    -    - 
Total net assets measured and recorded at fair value  $1,492,226   $-   $-   $1,492,226 

 

   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 

 

 

Kidoz Inc. and subsidiaries

(Expressed in United States Dollars)

 

Notes to Unaudited Condensed Interim Consolidated Financial Statements

Three Months ended September 30, 2023 and 2022

(Unaudited)