Company: KWIK
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002055
Chunk: 90

Company: KwikClick, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 90
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 in the credit quality of our accounts receivable;
(15) disputes or disagreements with our customers; (16) changes in our customers’ strategies, budgets or priorities for developing,
acquiring, deploying, or evaluating software or other technology; (17) new software or other technologies; (18) changes in laws, rules
and regulations; (19) changes in our effective income tax rate; (20) costs related to the development or acquisition of software, other
technology, or businesses; (21) increases in the costs of software licenses or other intellectual property-related costs; and (22) general
economic conditions.

Consequently, period-to-period comparisons of our
results of operations will not necessarily be meaningful, and you should not rely on period-to-period comparisons of our results of operations
as an indication of our future performance. Our results of operations may fall below the expectations of acquisition candidates,
of research analysts (if any), of investors, or of our own forecasts in some future periods, which may have a material adverse effect
on our Company and the trading price of our common stock.

 4 

We are adversely affected by the difficult economy
and by turmoil in the financial markets

Businesses are materially adversely affected by periods
of significant economic slowdown or recession, fears of inflation or deflation, rising interest rates, declining demand for our products
or our clients’ products, or a public perception that any of these events are occurring or may occur, which could adversely affect
our revenues, results of operations, and cash flow. In addition, as to our acquisition strategies, the capital and credit markets have
been experiencing, and continue to experience volatility and disruption. Current national and global financial and business conditions
have been very difficult, and numerous financial institutions and businesses either have gone into bankruptcy or have had to be rescued
by governmental authorities. Access to financing has been negatively impacted by both sub-prime mortgages and the liquidity crisis affecting
the asset-backed commercial paper market. Credit remains tight. In many cases, the markets have exerted downward pressure on stock
prices and credit capacity for certain issuers. These factors could materially adversely affect our Company and the trading price of our
common stock.

We may not be able to raise needed capital

We need to raise substantial amounts of additional
capital both for organic growth and for acquisitions. In addition, our aggregate future capital requirements are uncertain. The amount
of capital that we will need in the future will depend on many factors that we cannot predict with any certainty