Company: KWIK
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002055
Chunk: 179

Company: KwikClick, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 179
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claims and the unique facts and circumstances involved in each particular situation. Use of our capital or assets for such indemnification
would reduce amounts available for the operations or for distribution to our investors, which could materially adversely affect our Company
and the trading price of our common stock.

 7 

We do not expect to pay dividends

For the foreseeable future, it is anticipated that
earnings, if any, which may be generated from our operations will be used to finance our growth and that dividends may not be paid to
the holders of our common stock, which may have a material adverse effect on our Company and the trading price of our common stock.

RISK FACTORS RELATING TO THE ONLINE SALES AND NETWORK
BUSINESS

If we experience a technology disruption or failure
that results in a loss of information, if personal data or sensitive information about members of our community or employees is misused
or disclosed, or if we or our third-party providers are unable to protect against software and hardware vulnerabilities, service interruptions,
cyber incidents, ransomware, security incidents, or security breaches, then members of our community may curtail use of our platform,
we may be exposed to liability or incur additional expenses, and our reputation could suffer.

Like all online services, we are vulnerable to power
outages, telecommunications failures, and catastrophic events, as well as computer viruses, break-ins, phishing attacks, denial-of-service
attacks, ransomware, and other cyber incidents. Any of these occurrences could lead to interruptions or shutdowns of our platform, loss
of data, or unauthorized disclosure of personal or financial information of our members or employees. As we grow our business, expand
internationally, and gain greater public visibility, we may face a higher risk of being targeted by cyber-attacks. Although we have integrated
a variety of recovery systems, security protocols, network protection mechanisms and other security measures into our systems, networks
and physical facilities, which are designed to protect against, detect and minimize security breaches, including security testing, encryption
of sensitive information, and authentication technology, we cannot assure you that such measures will be adequate to prevent or detect
service interruption, system failure, data loss or theft, or other material adverse consequences, particularly given the increasingly
sophisticated tools and methods used by hackers, organized cyber criminals, and cyber terrorists.

In addition, in the future we may experience security
breaches because of non-technical issues, including intentional, inadvertent, or social engineering breaches occurring through our employees