Company: KWIK
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002055
Chunk: 183

Company: KwikClick, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 183
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 change quickly and may differ across generations and cultures, or due to other macro events. If demand for the goods that our
sellers offer declines, we may not be able to attract and retain our buyers and our business could be harmed. If buyers do not find our
platform appealing, whether because of a negative experience, lack of competitive shipping costs, delayed shipping times, inadequate customer
service, lack of buyer-friendly features, declining interest in the nature of the goods offered by our sellers, or other factors, they
may make fewer purchases and they may stop referring others to us. Likewise, if sellers are dissatisfied with their experience on our
platform, or feel they have more attractive alternatives, they may stop listing items in our marketplaces and using our services and may
stop referring others to us. Under any of these circumstances, we may have difficulty attracting new buyers and sellers without incurring
additional expense.

Our business is expected to depend on third-party services
and technology which we may utilize to maintain and scale the technology underlying our platform and our business operations.

Our business operations are expected to be dependent
upon a number of third-party service providers, such as cloud service providers, marketing platforms and providers, and payments and shipping
providers. Any disruption in their services, any failure on their part to deliver their services in accordance with our scale and expectations,
or any failure on our part to maintain appropriate oversight on these third-party providers during the course of our engagement with them,
could significantly harm our business.

We expect to be unable to exercise significant oversight
over some of these providers, which will increase our vulnerability to their financial conditions and to problems with the services they
provide, such as technical failures, deprecation of key services, privacy or security concerns. Our efforts to update our infrastructure
or supply chain may not be successful as we may not sufficiently distribute our risk across providers or geographies or our efforts to
do so may take longer than anticipated. If we experience failures in our technology infrastructure or supply chain or do not expand our
technology infrastructure or supply chain successfully, then our ability to run our software and platform could be significantly impacted,
which could harm our business.

Our business is expected to depend on
continued and unimpeded access to third-party services, platforms and infrastructure that we rely upon to maintain and scale
our platform.

Our sellers and buyers will rely on access to the
internet or mobile networks to access our marketplaces. Internet service providers may choose to