Details of revenue are as follows:

 Schedule of revenue

The Company recognizes an asset for the incremental costs of obtaining a contract with a customer if the expected benefit of those costs is longer than one year. The Company determined that certain commissions paid to sales employees meet the requirement to be capitalized. Total capitalized contract acquisition costs included in prepaid expenses and other assets to obtain contracts at March 31, 2026 was $36 (December 31, 2025 – $23) and are amortized consistent with the method of revenue recognized on the contract.

Intermap Technologies corporation

Notes to Condensed Consolidated Interim Financial Statements

(In thousands of United States dollars, except per share information)

(Unaudited)

Changes in contract acquisition costs, included in prepaid expenses, are as follows:

 Schedule of changes in contract acquisition costs