Company: KWIK
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002055
Chunk: 311

Company: KwikClick, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 311
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, a single
social media post, sent to anyone, could go viral and create an exponential source of commissions on all units sold on any single product
to any number of individuals as long as the product continues to be sold. Commissions are sent to the recipients electronic account of
choice. Participation in KWIKClick and earning commissions from this incentive sharing is completely free to participants and completely
voluntary. Participants have nothing financially at stake.

Unlike current methods of affiliate marketing which
are based on a seller’s contracts with influencers which are motivated by an influencer’s number of followers, number of views,
engagements etc., sellers on the KWIKClick application only pay commissions through the incentive budget they offer when a sale actually
occurs. Further, sellers are provided key analytical information on purchases made, reviews, activity and purchasing habits of their customers
from the data collected from use of the KWIKClick application.

The patent pending KWIKClick application and website
are free to download, distribute and use. In any scenario, sellers and buyers all access the same KWIKClick platform.

Revenues

The Company’s revenues are primarily sourced
from the Company’s KwikClick platform. The Company generates revenues by being a software as a service (SAAS) platform via loyalty
and reward programs tailored for a particular brand, retailer or influencer. With the program, the brand, retailer or influencer can offer
products with loyalty incentives, discounts, or other benefits to induce sales and brand loyalty. The Company provides expertise in attracting
new customers through these loyalty programs and provides unique affiliate commission payment services with its patented waves of pay
and revenue sharing technology. The Company currently integrates with Shopify, which facilitates over $200 Billion Gross Merchandise
Volume (GMV) annually for other ecommerce platforms. The Company is currently planning integrations with WooCommerce, BigCommerce, Magento
and others. Additionally, some brands prefer a more integrated branding view of the KWIK software into their own website, requiring additional
design and programming. This enables a more uniquely branded user experience within the brand’s website. In December, the Company
entered into an arrangement with a brand to provide programming services to integrate the KWIK software into their website. The arrangement
provides for a monthly payment of service fees of $50,000 for the next 18 months, including monitoring, updates and maintenance. The Company
is noting increasing interest with this capability and anticipates more brands will opt for this type of custom design. The Company recognizes
additional