Company: KWIK
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002055
Chunk: 66

Company: KwikClick, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 66
---
    For the Twelve Months Ended 

    December 31, 

    2024  
    2023 

    Revenues: 

    Brand Services 
    $107,371  
    $288,229 
  
    Custom design services 
     50,000  
     – 
  
    Net revenue 
     157,371  
     288,229 

    Operating costs and expenses: 

    Cost of Sales 
     44,890  
     216,990 
  
    Management and payroll 
     963,695  
     2,105,101 
  
    Research and development 
     362,076  
     804,847 
  
    General and administrative 
     543,890  
     1,067,469 
  
    Total operating costs and expenses 
     1,914,551  
     4,194,407 

    Other income (expense) 

    Interest expense - related party 
     (229,244) 
     (75,158)
  
    Gain on liability settlement 
     30,000  
     78,257 
  
    Loss before income taxes 
     (1,956,424) 
     (3,903,079)
  
    Provision for income taxes 
     –  
     – 

    Net loss 
    $(1,956,424) 
    $(3,903,079)

    Basic and diluted loss per share 
    $(0.01) 
    $(0.03)

    Weighted average shares outstanding - basic and diluted 
     153,915,828  
     150,692,758 

The accompanying footnotes are an integral part of
these consolidated financial statements.

 F-3 

KWIKCLICK, INC.

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS'
EQUITY (DEFICIT)

Years Ended December 31, 2024 and 2023

    Preferred
    Stock  
    Common
    Stock  
    Additional
                                                                                Paid-in  
    Subscription  
    Accumulated  
    Total Stockholders'
    Equity 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Receivable  
    Deficit  
    (Deficit) 
  
    Balance December 31, 2022