Company: KWIK
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002055
Chunk: 530

Company: KwikClick, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 530
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 operating assets and liabilities: 

    Accounts receivable 
     (15,775) 
     (16,503)
  
    Other receivable 
     (44,753) 
     – 
  
    Other current assets 
     –  
     – 
  
    Operating leases 
     (1,679) 
     168 
  
    Accrued interest - related party 
     227,265  
     74,040 
  
    Accrued liabilities 
     (24,649) 
     (3,692)
  
    Accounts payable 
     (77,125) 
     139,718 
  
    Net cash used in operating activities 
     (1,232,462) 
     (2,335,278)

    Cash flows from investing activities: 

    Purchase of intellectual property 
     –  
     (131,785)
  
    Net cash used in investing activities 
     –  
     (131,785)

    Cash flows from financing activities: 

    Proceeds from shareholders loans 
     861,272  
     1,680,405 
  
    Proceeds from common stock issuable 
     –  
     300,000 
  
    Proceeds from issuance of stock and stock appreciation 
    500,000  
     – 
  
    Proceeds from subscription receivable 
     –  
     520,261 
  
    Net cash provided by financing activities 
     1,361,272  
     2,500,666 

    Net increase (decrease) in cash and cash equivalents 
     128,810  
     33,603 
  
    Cash and cash equivalents at beginning of period 
     64,186  
     30,583 
  
    Cash and cash equivalents at end of period 
    $192,996  
    $64,186 

    Cash paid for income taxes 
    $–  
    $– 
  
    Cash paid for interest 
    $–  
    $– 

    Non-Cash Supplemental Disclosures 

    Stock appreciation rights issued for liability settlement 
    $–  
    $15,726 
  
    Purchases of intellectual property in accounts payable 
    $–  
    $295,971 
  
    Capital contribution for settlement of stock issuable 
    $