Company: KWIK
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001683168-25-003684
Chunk: 0

Company: KwikClick, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 0
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KWIKCLICK, INC.

CONDENSED CONSOLIDATED
BALANCE SHEETS

(Unaudited)

    March 31,  
    December 31, 

    2025  
    2024 
  
    ASSETS 

    Current assets: 

    Cash and cash equivalents 
    $39,758  
    $192,996 
  
    Accounts receivable, net 
     26,564  
     32,278 
  
    Total current assets 
     66,322  
     225,274 

    Other receivable 
     77,734  
     44,753 
  
    Equipment, net 
     750  
     1,027 
  
    Intellectual property, net 
     1,258,127  
     1,280,688 
  
    Right of use asset 
     71,969  
     – 
  
    Security deposit 
     3,700  
     – 
  
    Total assets 
    $1,478,602  
    $1,551,742 

    LIABILITIES AND STOCKHOLDERS' DEFICIT 

    Current liabilities: 

    Accounts payable 
    $598,261  
    $781,388 
  
    Accrued expenses 
     134,110  
     96,210 
  
    Lease obligation 
     37,193  
     – 
  
    Deferred revenue 
     30,000  
     – 
  
    Related party loans 
     2,905,654  
     2,842,982 
  
    Total current liabilities 
     3,705,218  
     3,720,580 
  
    Long-term liabilities: 

    Lease obligation, net of current portion 
     34,881  
     – 
  
    Total liabilities 
     3,740,099  
     3,720,580 

    Stockholders' deficit: 

    Preferred stock, $0.0001 par value; 5,000,000 shares authorized and none issued and outstanding 
     –  
     – 
  
    Common stock, $0.0001 par value; 400,000,000 shares authorized; 155,648,705 shares issued and outstanding 
     15,566  
     15,566