Company: KWIK
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002055
Chunk: 63

Company: KwikClick, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 63
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2023
    F-2

    Consolidated Statement of Operations, Year ended December 31, 2024 and 2023
    F-3

    Consolidated Statement of Stockholders’ Equity, Year ended December 31, 2024 and 2023
    F-4

    Consolidated Statement of Cash Flows, Year ended December 31, 2024 and 2023
    F-5

    Notes to the Consolidated Financial Statements, Year ended December 31, 2024 and 2023
    F-6

 40 

Report of Independent Registered Public Accounting
Firm

To the Board of Directors and Stockholders of KwikClick,
Inc.,

Opinion on the Financial Statements

We have audited the accompanying consolidated
balance sheets of KwikClick, Inc. (the Company) as of December 31, 2024 and 2023, and the related consolidated statements of operations,
stockholders’ equity (deficit), and cash flows for the years then ended, and the related notes (collectively referred to as the
financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the
Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the years then ended, in conformity
with accounting principles generally accepted in the United States of America.

Going Concern Considerations

The accompanying financial statements have been
prepared assuming that the Company will continue as a going concern. The Company has suffered recurring losses since inception and has
not achieved profitable operations, which raises substantial doubt about its ability to continue as a going concern. Management’s
plans in regard to these matters are described in Note 1. The financial statements do not include any adjustments that might result from
the outcome of this uncertainty.

Basis for Opinion

These financial statements are the responsibility
of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our
audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are
required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and
regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the
standards of the PCAOB. Those standards require that we