Company: CLIK
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001493152-25-019286
Chunk: 119

Company: Click Holdings Ltd.
Filing Date: 2025-10-24
Form: 20-F
Item: Item 19
Chunk 119
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 services.

  Step      Identify                                                                   
  Step      Identify                                                                   
  Step      Determine                                                                  
  Step      Allocate                                                                   
  Step      Recognize                                                                  

The
Company operates as a human resources solutions provider, specializing in offering comprehensive human resources solutions to its customers
in three reportable segments.

  Professional                                                                                                                   

  Nursing                                                                                                                         

  Logistics                                                                                                                     

The
professional solution services arrangements are provided primarily at a fixed fee. The nursing solution and logistics and other solution
services arrangements are primarily provided on an hourly basis, and the Company generally invoices its customers monthly or bimonthly
in arrears for these services based on actual hours and expenses incurred. Revenues are recognized when services are delivered. Typical
payment terms require the customers to pay within 30 days from the invoice date.

The
Company generally recognizes human resources solutions service income on a gross basis as the Company has control of the services before
they are delivered to the Company’s customers. In drawing this conclusion, the Company considers various factors, including latitude
in establishing the sales price, discretion in the vendor selection and that the Company is the primary obligor in the Company’s
service arrangements.

CLICK
HOLDINGS LIMITED AND SUBSIDIARIES

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

2.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Q. Cost of revenue

Cost
of revenue consists primarily of staff cost and cost to independent contractors incurred in the provision of comprehensive human resources
solutions. These costs are charged to the consolidated statements of operations as incurred.

R. General and administrative expenses

General
and administrative expenses consist primarily of salaries and benefits and stock compensation expenses for employees, office rental,
professional service fees, depreciation and amortization.

S. Share-based compensation

The
Company accounts for share-based compensation in accordance with ASC 718, Stock Compensation, which requires the measurement and recognition
of compensation cost for all share-based payment arrangements at fair value. ASC 718 establishes fair value as the measurement objective
for share-based payment arrangements transactions with employees and for transactions in which the Company acquires goods or services
from non-employees in exchange for equity instruments. The fair value of equity-classified awards, such as shares, stock options or restricted
stock, is determined at the grant date and recognized over the requisite service period, if any.

During
the year ended June 30, 2025, the Company issued 2,682,000 0.0001