Company: KWIK
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002055
Chunk: 2

Company: KwikClick, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 2
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We anticipate that Mr. Cooper will continue to develop
other inventions in our space.  In addition to our pending patent portfolio, we catalogued many trade secrets as well, to further
enhance the portfolio, which may hinder other parties’ ability to reverse engineer our system. We believe that our portfolio will
provide us with protection from competitors who attempt to copy our innovations. There is no assurance, however, as to whether or when
the pending patent applications will result in the award of additional patents.

Government Regulation

As with any company operating
on the internet, we are subject to a growing number of local, national, and international laws and regulations. These laws are often complex,
sometimes contradict other laws, and are frequently changing. Compliance is costly and can require changes to our business practices and
significant amounts of management time and focus. Laws may be interpreted and enforced in different ways in various locations around the
world, posing a significant challenge to our global business. For example, federal and state laws in the United States, and other national
laws govern the processing of payments, consumer protection, and the privacy of consumer information; other laws define and regulate unfair
and deceptive trade practices. Still other laws dictate when and how sales or other taxes must be collected. Laws of defamation apply
online and vary by country. The growing focus on data privacy and regulation of e-commerce worldwide could impose additional compliance
burdens and costs on us or on sellers and could subject us to significant operational costs for internal compliance and risk to our business.
In addition, some of these requirements may introduce friction into the buying and selling experience on our platform and may impact the
scope and effectiveness of our marketing efforts, which could negatively impact our business and future outlook. Additionally, in the
event that we ever operate internationally, we will need to comply with various laws associated with doing business outside of the United
States, including anti-money laundering, sanctions, anti-corruption, and export control laws. Non-compliance with any applicable laws
and regulations could result in penalties or significant legal liability. See “Risk Factors—Regulatory, Compliance,
and Legal Risks.”

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ITEM 1A. RISK FACTORS

Our business is subject to numerous risks and uncertainties.
These risks and uncertainties may cause our operations to vary materially from those contemplated by our forward-looking statements. These
risk factors include:

RISK FACTORS RELATING TO OUR COMPANY AND OUR STOCK

We are a developing company and only recently started
generating revenue