$KDOZF
KIDOZ INC.

2020 Q2 Form 10-Q Financial Statement

#000131848220000008 Filed on August 13, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $736.8K $818.3K
YoY Change -9.95% 3261.48%
Cost Of Revenue $411.1K $574.3K
YoY Change -28.43%
Gross Profit $325.8K $244.0K
YoY Change 33.53% 902.19%
Gross Profit Margin 44.21% 29.81%
Selling, General & Admin $184.0K $270.6K
YoY Change -32.02% -71.21%
% of Gross Profit 56.47% 110.93%
Research & Development $241.1K $260.4K
YoY Change -7.39% -1.92%
% of Gross Profit 74.02% 106.72%
Depreciation & Amortization $155.0K $4.811K
YoY Change 3121.99% 242.66%
% of Gross Profit 47.58% 1.97%
Operating Expenses $425.1K $531.0K
YoY Change -19.94% 100.03%
Operating Profit -$367.3K -$464.7K
YoY Change -20.96% -61.18%
Interest Expense $5.890K $66.37K
YoY Change -91.13% -65.07%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$361.4K -$398.3K
YoY Change -9.26% -59.75%
Income Tax
% Of Pretax Income
Net Earnings -$361.4K -$398.3K
YoY Change -9.26% -59.75%
Net Earnings / Revenue -49.05% -48.67%
Basic Earnings Per Share
Diluted Earnings Per Share -$2.756K -$3.038K
COMMON SHARES
Basic Shares Outstanding 131.1M 131.1M
Diluted Shares Outstanding 131.1M 131.1M

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.115M $1.049M
YoY Change 6.32% -27.15%
Cash & Equivalents $1.115M $1.049M
Short-Term Investments
Other Short-Term Assets $77.62K $135.9K
YoY Change -42.86% 69.81%
Inventory
Prepaid Expenses $77.62K $135.9K
Receivables $1.216M $1.662M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.409M $2.847M
YoY Change -15.39% 85.1%
LONG-TERM ASSETS
Property, Plant & Equipment $22.47K $52.24K
YoY Change -56.99% 227.59%
Goodwill $3.301M
YoY Change
Intangibles $2.529M
YoY Change
Long-Term Investments
YoY Change
Other Assets $44.58K $7.690K
YoY Change 479.71%
Total Long-Term Assets $6.012M $19.78M
YoY Change -69.6% 123923.52%
TOTAL ASSETS
Total Short-Term Assets $2.409M $2.847M
Total Long-Term Assets $6.012M $19.78M
Total Assets $8.421M $22.63M
YoY Change -62.78% 1355.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $313.5K $452.0K
YoY Change -30.64% 1714.49%
Accrued Expenses $271.5K $181.7K
YoY Change 49.45% 157.59%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $655.2K $688.1K
YoY Change -4.79% 505.78%
LONG-TERM LIABILITIES
Long-Term Debt $29.32K $0.00
YoY Change
Other Long-Term Liabilities $84.22K $105.9K
YoY Change -20.48%
Total Long-Term Liabilities $29.32K $105.9K
YoY Change -72.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $655.2K $688.1K
Total Long-Term Liabilities $29.32K $105.9K
Total Liabilities $768.7K $794.0K
YoY Change -3.19% 599.01%
SHAREHOLDERS EQUITY
Retained Earnings -$41.32M -$27.12M
YoY Change 52.34% 7.93%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.652M $21.83M
YoY Change
Total Liabilities & Shareholders Equity $8.421M $22.63M
YoY Change -62.78% 1355.88%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income -$361.4K -$398.3K
YoY Change -9.26% -59.75%
Depreciation, Depletion And Amortization $155.0K $4.811K
YoY Change 3121.99% 242.66%
Cash From Operating Activities $544.7K -$628.4K
YoY Change -186.68% -3.33%
INVESTING ACTIVITIES
Capital Expenditures -$8.670K -$25.16K
YoY Change -65.54%
Acquisitions
YoY Change
Other Investing Activities $6.470K $3.030K
YoY Change 113.53%
Cash From Investing Activities -$2.200K -$22.13K
YoY Change -90.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 27.33K -131.5K
YoY Change -120.78% 1215.4%
NET CHANGE
Cash From Operating Activities 544.7K -628.4K
Cash From Investing Activities -2.200K -22.13K
Cash From Financing Activities 27.33K -131.5K
Net Change In Cash 569.8K -782.0K
YoY Change -172.86% 18.49%
FREE CASH FLOW
Cash From Operating Activities $544.7K -$628.4K
Capital Expenditures -$8.670K -$25.16K
Free Cash Flow $553.4K -$603.2K
YoY Change -191.74% -7.2%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Document Period End Date
DocumentPeriodEndDate
2020-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001318482
CY2020Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
131124989
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Registrant Name
EntityRegistrantName
KIDOZ INC.
dei Entity Shell Company
EntityShellCompany
false
dei Entity Small Business
EntitySmallBusiness
true
dei Security12b Title
Security12bTitle
Common Shares
dei Trading Symbol
TradingSymbol
kidz
CY2020Q2 kidz Accumulated Development Costs
AccumulatedDevelopmentCosts
8256704
CY2019Q4 kidz Accumulated Development Costs
AccumulatedDevelopmentCosts
7730851
CY2018Q4 kidz Accumulated Development Costs
AccumulatedDevelopmentCosts
6716810
CY2020Q1 kidz Accumulated Development Costs
AccumulatedDevelopmentCosts
8015574
CY2019Q1 kidz Accumulated Development Costs
AccumulatedDevelopmentCosts
6958707
CY2019Q2 kidz Accumulated Development Costs
AccumulatedDevelopmentCosts
7219068
CY2020Q2 kidz Cash And Cash Equivalents Including Long Term Cash Equivalents
CashAndCashEquivalentsIncludingLongTermCashEquivalents
1152538
CY2019Q4 kidz Cash And Cash Equivalents Including Long Term Cash Equivalents
CashAndCashEquivalentsIncludingLongTermCashEquivalents
1005624
CY2020Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
955173
CY2019Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
661741
CY2020Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
kidz Initial Recognition Of Operating Lease Liabilities
InitialRecognitionOfOperatingLeaseLiabilities
CY2019 kidz Initial Recognition Of Operating Lease Liabilities
InitialRecognitionOfOperatingLeaseLiabilities
81856
kidz Initial Recognition Of Rightofuse Assets
InitialRecognitionOfRightofuseAssets
CY2019 kidz Initial Recognition Of Rightofuse Assets
InitialRecognitionOfRightofuseAssets
76557
CY2020Q2 kidz Long Term Cash Equivalent
LongTermCashEquivalent
37206
CY2019Q4 kidz Long Term Cash Equivalent
LongTermCashEquivalent
38412
kidz Noncash Activity Increase In Operating Lease Liability
NoncashActivityIncreaseInOperatingLeaseLiability
kidz Noncash Activity Increase In Operating Lease Liability
NoncashActivityIncreaseInOperatingLeaseLiability
158181
kidz Noncash Activity Increase In Operating Lease Rightofuse Assets
NoncashActivityIncreaseInOperatingLeaseRightofuseAssets
kidz Noncash Activity Increase In Operating Lease Rightofuse Assets
NoncashActivityIncreaseInOperatingLeaseRightofuseAssets
158181
kidz Payments For Longterm Cash Equivalent
PaymentsForLongtermCashEquivalent
-1206
kidz Payments For Longterm Cash Equivalent
PaymentsForLongtermCashEquivalent
kidz Payments On Operating Lease Liabilities
PaymentsOnOperatingLeaseLiabilities
18178
kidz Payments On Operating Lease Liabilities
PaymentsOnOperatingLeaseLiabilities
9115
CY2020Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
313539
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
851866
CY2020Q2 us-gaap Accounts Receivable Gross
AccountsReceivableGross
1269656
CY2019Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
2446486
CY2020Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1216023
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2392778
CY2020Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
271502
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
287698
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
135654
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
130938
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
24580
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
24580
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
541
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9849
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4980
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4950
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
236800
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10390
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9930
CY2020Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9849
CY2019Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4950
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
53633
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
53708
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
53633
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
53708
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
139018
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0
CY2020Q2 us-gaap Assets
Assets
8421104
CY2019Q4 us-gaap Assets
Assets
9786640
CY2020Q2 us-gaap Assets Current
AssetsCurrent
2408973
CY2019Q4 us-gaap Assets Current
AssetsCurrent
3469904
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1115332
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1049044
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
148120
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
407508
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
190228
CY2020Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
CY2019Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
-4835
CY2019Q4 us-gaap Capitalized Software Development Costs For Software Sold To Customers
CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers
0
CY2018Q4 us-gaap Capitalized Software Development Costs For Software Sold To Customers
CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers
0
CY2019Q2 us-gaap Capitalized Software Development Costs For Software Sold To Customers
CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers
0
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
183264
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1115332
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
967212
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
967212
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
641536
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2020Q2 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2019Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2020Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
131124989
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
131124989
CY2020Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
131124989
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
131124989
CY2020Q2 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
48945603
CY2019Q4 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
48935213
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-765323
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1224600
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-361399
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-398296
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
950862
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
752285
CY2020Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
411058
CY2019Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
574324
us-gaap Costs And Expenses
CostsAndExpenses
1532730
us-gaap Costs And Expenses
CostsAndExpenses
1646821
CY2020Q2 us-gaap Costs And Expenses
CostsAndExpenses
693061
CY2019Q2 us-gaap Costs And Expenses
CostsAndExpenses
708630
CY2020Q2 us-gaap Deposit Assets
DepositAssets
7373
CY2019Q4 us-gaap Deposit Assets
DepositAssets
7727
us-gaap Depreciation
Depreciation
2403
us-gaap Depreciation
Depreciation
4811
us-gaap Depreciation And Amortization
DepreciationAndAmortization
282752
us-gaap Depreciation And Amortization
DepreciationAndAmortization
6559
CY2020Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
141421
CY2019Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4811
CY2020Q2 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
44897
CY2019Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
112120
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
CY2020Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
741430
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
463394
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3270456
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
280905
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
106568
CY2019Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
174977
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3270456
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2529026
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2807062
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3328
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
49446
CY2020Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
5376
CY2019Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
65608
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
249823
CY2019Q4 us-gaap Goodwill
Goodwill
3301439
CY2018Q4 us-gaap Goodwill
Goodwill
CY2020Q2 us-gaap Goodwill
Goodwill
3301439
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
17178824
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
13877385
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
us-gaap Gross Profit
GrossProfit
769944
us-gaap Gross Profit
GrossProfit
371957
CY2020Q2 us-gaap Gross Profit
GrossProfit
325769
CY2019Q2 us-gaap Gross Profit
GrossProfit
243962
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-765323
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1224600
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-361399
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-398296
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-621746
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
78838
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1176755
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
83067
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-32296
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
13861
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
354
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-7685
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2529026
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2807062
us-gaap Interest And Other Income
InterestAndOtherIncome
791
us-gaap Interest And Other Income
InterestAndOtherIncome
818
CY2020Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
517
CY2019Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
764
us-gaap Interest Paid Net
InterestPaidNet
us-gaap Interest Paid Net
InterestPaidNet
1363
CY2020Q2 us-gaap Liabilities
Liabilities
768696
CY2019Q4 us-gaap Liabilities
Liabilities
1379299
CY2020Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8421104
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9786640
CY2020Q2 us-gaap Liabilities Current
LiabilitiesCurrent
655153
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1277399
us-gaap Net Income Loss
NetIncomeLoss
-765323
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
29321
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
11143
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1476022
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7108
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
120184
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
144085
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1188698
us-gaap Net Income Loss
NetIncomeLoss
-1224600
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-361399
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-398296
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-403924
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-826304
us-gaap Officers Compensation
OfficersCompensation
5000
us-gaap Officers Compensation
OfficersCompensation
4500
CY2020Q2 us-gaap Officers Compensation
OfficersCompensation
2500
CY2019Q2 us-gaap Officers Compensation
OfficersCompensation
3500
us-gaap Operating Income Loss
OperatingIncomeLoss
-762786
us-gaap Operating Income Loss
OperatingIncomeLoss
-1274864
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-367292
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-464668
us-gaap Operating Lease Expense
OperatingLeaseExpense
24827
us-gaap Operating Lease Expense
OperatingLeaseExpense
20065
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
127615
CY2018Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
109437
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
25215
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
25715
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
84222
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
101900
us-gaap Operating Lease Payments
OperatingLeasePayments
18178
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
79715
us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
8668
us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
28388
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
114621
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
134914
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
28961
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
37503
CY2020Q2 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
13589
CY2019Q2 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
24943
CY2019 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
72416
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
1763200
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
29321
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27007
CY2020Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
77618
CY2019Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
109914
CY2020Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
158120
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
158120
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22466
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
27182
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
27666
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
25967
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
278063
us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
525853
us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
502258
CY2020Q2 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
241130
CY2019Q2 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
260361
CY2020Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-41317775
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-40552452
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1720806
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1124242
CY2020Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
736827
CY2019Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
818286
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
125474
CY2020Q2 us-gaap Royalty Expense
RoyaltyExpense
10121
CY2019Q2 us-gaap Royalty Expense
RoyaltyExpense
18458
us-gaap Royalty Expense
RoyaltyExpense
27003
us-gaap Royalty Expense
RoyaltyExpense
27874
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5875750
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
70000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2745000
us-gaap Salaries And Wages
SalariesAndWages
236852
us-gaap Salaries And Wages
SalariesAndWages
432947
CY2020Q2 us-gaap Salaries And Wages
SalariesAndWages
100612
CY2019Q2 us-gaap Salaries And Wages
SalariesAndWages
144284
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
193099
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
181991
CY2020Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
77392
CY2019Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
95639
us-gaap Share Based Compensation
ShareBasedCompensation
10390
us-gaap Share Based Compensation
ShareBasedCompensation
9930
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3200750
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.45
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.45
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.42
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2020Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
3120450
CY2020Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
5875750
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
CY2019Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
20603655
CY2019Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2000000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
7652408
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
8407341
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
8003958
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
678828
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
22224359
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
21831013
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
131124989
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
111128481
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
131124989
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
131124989
us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="; text-indent: 0px; min-width: 700px;" cellspacing="0" cellpadding="0" border="0"><tr style="vertical-align: top;"><td style="width: 18pt;"></td> <td style="width: 18pt;"> <div style=" margin: 0pt; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">(b)</div> </td> <td> <div style=" margin: 0pt; text-align: left; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">Use of estimates:</div> </td> </tr> </table> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:36pt;margin-right:0pt;margin-top:0pt;text-align:left;">The preparation of consolidated financial statements in conformity with US GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and recognized revenues and expenses for the reporting periods.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin-bottom:0pt;margin-left:36pt;margin-right:0pt;margin-top:0pt;text-align:left;">Significant areas requiring the use of estimates include the collectability of accounts receivable, stock-based compensation, the valuation of deferred tax assets, the valuation of the acquisition of Kidoz Ltd. and the associated intangible assets, the useful lives of intangible assets, the determination of the fair value of goodwill after impairment, and the estimated interest rate of <div style="display: inline; font-style: italic; font: inherit;">12%</div> for the license right-of-use assets and <div style="display: inline; font-style: italic; font: inherit;">4.12%</div> - <div style="display: inline; font-style: italic; font: inherit;">5%</div> for the rental units right-of-use asset. Actual results <div style="display: inline; font-style: italic; font: inherit;"> may </div>differ significantly from these estimates.</div></div></div></div></div></div>
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
131124989
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
111128481
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
131124989
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
131124989

Files In Submission

Name View Source Status
0001318482-20-000008-index-headers.html Edgar Link pending
0001318482-20-000008-index.html Edgar Link pending
0001318482-20-000008.txt Edgar Link pending
0001318482-20-000008-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
kidz-20200630.xml Edgar Link completed
kidz-20200630.xsd Edgar Link pending
kidz-20200630_cal.xml Edgar Link unprocessable
kidz-20200630_def.xml Edgar Link unprocessable
kidz-20200630_lab.xml Edgar Link unprocessable
kidz-20200630_pre.xml Edgar Link unprocessable
kiq220.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending