Company: KWIK
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002055
Chunk: 310

Company: KwikClick, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 310
---
 the entire incentive budget as revenue for generating the sales through its platform and recognizes cost of sales upon
calculation and payment of the commissions paid to the wave of affiliates.  

 26 

The essential driver of sales activity on the platform
by sellers and buyers is the free-use mobile application which has the potential to turn all social media activity into a product solicitation
on behalf of sellers in an unobtrusive manner. Furthermore, the software automates person-to-person requests for recommendations
by simply sharing a link to any mobile device. Much like a “pin” can be sent to share locations, the encoded link provides
to the requestor a way to instantly purchase the goods or services of interest. Traditionally on other platforms, and based on the reach
of a contracted influencer, compensation may include only a single commission paid for an initial purchase attributable to the influencer.
Unique to KWIKClick, the affiliate commission program is not limited to a single purchase produced by an influencer. Furthermore, no contract
is needed between the influencer and the seller. The KWIKClick software passively identifies the participant in the campaign who made
the referral, and the corresponding individual who made the purchase. A commission is paid to the influencer each and every time a purchase
is made by a particular consumer.

The process of listing items for sale by a seller
is referred to as a campaign. Influencers or participants with ANY number of friends or followers, can join a campaign by promoting items
through social media with an encoded link within the posted photo or video, or by sample sharing an encoded link to a mobile device when
they are asked for a recommendation. The potential number of campaigns that can be created by sellers are virtually unlimited due to the
number of goods or services and/or orders made available in the KWIKClick platform. The number of campaigns an individual can participate
in is unlimited. The number of permutations, or waves, in the campaigns of senders and recipients is virtually endless. The potential
length of the wave on any one campaign is limited only to the number of potential unique consumers of any given product. The number of
waves on which an individual can earn commissions is based on the number of links an individual earns commissions on and the net dollar
amount of total incentive budget offered by the seller. The larger the incentive budget, the greater number of waves on which individuals
earn and the total amount of commissions earned at any given level in the wave follows an exponential growth pattern. Accordingly