Company: KWIK
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002055
Chunk: 184

Company: KwikClick, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 184
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 disrupt or degrade access to our platform
or increase the cost of such access. Mobile network operators or operating system providers could block or place onerous restrictions
on the ability to download and use our mobile apps.

Internet service providers or mobile network operators
could also attempt to charge us for providing access to our platform. In addition, we could face discriminatory or anticompetitive practices
that could impede both our and our sellers’ growth prospects, increase our costs, and harm our business.

Outside of the United States, it is possible that
governments of one or more countries may seek to censor content available on our platform or may even attempt to block access to our platform.
If we are restricted from operating in one or more countries, our ability to attract and retain sellers and buyers may be adversely affected
and we may not be able to grow our business as we anticipate.

 10 

In addition, our sellers rely on continued and unimpeded
access to postal services and shipping carriers to deliver their goods reliably and timely to buyers. As a result of the COVID-19 pandemic
and other factors, our sellers have experienced increased delays in delivery of their goods. If these shipping delays continue or worsen,
or if shipping rates increase significantly, our sellers may have increased costs, and/or our buyers may have a poor purchasing experience
and may lose trust in our marketplaces, which could negatively impact our business, financial performance, and growth.

We may be unable to adequately protect our intellectual
property.

Our intellectual property is an essential asset of
our business. To establish and protect our intellectual property rights, we rely on a combination of trade secret, copyright, trademark,
and patent laws, as well as confidentiality procedures and contractual provisions. The efforts we have taken to protect our intellectual
property may not be sufficient or effective. We generally do not elect to register our copyrights, relying instead on the laws protecting
unregistered intellectual property, which may not be sufficient. We intend to rely on both registered and unregistered trademarks, which
may not always be comprehensive in scope. In addition, our copyrights and trademarks, whether or not registered, and patents may be held
invalid or unenforceable if challenged and may be of limited territorial reach. While we have applied for patent protection with respect
to some of our intellectual property, patent filings may not be adequate alone to protect our intellectual property. From time to time,
we acquire intellectual property from third parties, but these acquired assets, like our internally developed intellectual property,