Company: KWIK
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002055
Chunk: 381

Company: KwikClick, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 381
---
 our
especially challenging, subjective, or complex judgments. The communication of critical audit matters does not alter in any way our opinion
on the financial statements, taken as a whole, and we are not, by communicating the critical audit matters below, providing separate opinions
on the critical audit matters or on the accounts or disclosures to which they relate.

We determined that there were no critical audit
matters.

/s/ Green Growth CPAs

March 31, 2025

We have served as the Company’s
auditor since 2023.

Los Angeles, California

PCAOB ID Number 6580

 F-1 

KWIKCLICK, INC.

CONSOLIDATED BALANCE SHEETS

    December 31,  
    December 31, 

    2024  
    2023 
  
    ASSETS 

    Current assets: 

    Cash and cash equivalents 
    $192,996  
    $64,186 
  
    Accounts receivable, net 
     32,278  
     16,503 
  
    Total current assets 
     225,274  
     80,689 

    Other receivable 
     44,753  
     – 
  
    Equipment, net 
     1,027  
     4,515 
  
    Intellectual property, net 
     1,280,688  
     1,406,491 
  
    Right to use asset 
     –  
     64,194 
  
    Total assets 
    $1,551,742  
    $1,555,889 

    LIABILITIES AND STOCKHOLDERS' DEFICIT 

    Current liabilities: 

    Accounts payable 
    $781,388  
    $888,513 
  
    Accrued expenses 
     96,210  
     120,859 
  
    Lease obligation 
     –  
     55,852 
  
    Related party loans 
     2,842,982  
     1,754,445 
  
    Total current liabilities 
     3,720,580  
     2,819,669 
  
    Long-term liabilities: 

    Lease obligation, net of current portion 
     –  
     10,174 
  
    Total liabilities 
     3,720,580  
     2,829,843