Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Custom Design Services brought in 85% of the revenue KwikClick, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Custom Design Services | $72.5K | $1.1M |
| Brand Services | $84.9K | $183.1K |
| Software Maintenance | $0 | $6.0K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue31¢$394.9K
- Research and development7¢$89.8K
- Other costs62¢$802.8K
Out of $1.3M in revenue.3 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net revenue | $1.3M | $157.4K |
| Cost of sales | $394.9K | $89.0K |
| Management and payroll | $704.9K | $963.7K |
| Research and development | $89.8K | $362.1K |
| Loss on disposal of long-lived assets | $749.9K | $37.5K |
| General and administrative | $547.9K | $462.2K |
| Total operating costs and expenses | $2.5M | $1.9M |
| Operating income (expense) | -$1.2M | -$1.8M |
| Interest expense - related party | -$263.8K | -$227.3K |
| Interest expense - other | -$644 | -$2.0K |
| Gain on liability settlement | $147.5K | $30.0K |
| Total other income (expense) | -$116.9K | -$199.2K |
| Loss before income taxes | -$1.3M | -$2.0M |
| Provision for income taxes | $0 | $0 |
| Net loss | -$1.3M | -$2.0M |
| Basic loss per share | -$0.34 | -$0.51 |
| Diluted loss per share | -$0.34 | -$0.51 |
| Weighted average shares outstanding - basic | 3.9M shares | 3.8M shares |
| Weighted average shares outstanding - diluted | 3.9M shares | 3.8M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $106.5K | $193.0K | |
| Accounts receivable, net | $63.1K | $32.3K | |
| Costs capitalized to obtain revenue contracts | $41.0K | $0 | |
| Prepaid expenses | $46.9K | $0 | |
| Other receivable | $49.0K | $44.8K | |
| Total current assets | $306.5K | $270.0K | |
| Equipment, net | $491 | $1.0K | |
| Intellectual property, net | $513.9K | $1.3M | |
| Right-of-use asset | $44.1K | $0 | |
| Security deposit | $3.7K | $0 | |
| Total assets | $868.8K | $1.6M | |
| Accounts payable | $438.6K | $781.4K | |
| Accrued expenses | $193.0K | $96.2K | |
| Operating lease liability | $41.1K | $0 | |
| Deferred revenue | $111.3K | $0 | |
| Related-party loans | $3.3M | $2.8M | |
| Total current liabilities | $4.1M | $3.7M | |
| Operating lease liability, net of current portion | $3.6K | $0 | |
| Total liabilities | $4.1M | $3.7M | |
| Preferred stock, $0.0001 par value; 5,000,000 shares authorized and none issued and outstanding | $0 | $0 | |
| Common stock, $0.0001 par value; 50,000,000 shares authorized; 3,892,979 and 3,891,667 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $389 | $389 | |
| Additional paid-in-capital | $10.5M | $10.2M | |
| Accumulated deficit | -$13.7M | -$12.4M | |
| Total stockholders' deficit | -$3.2M | -$2.2M | -$1.3M |
| Total liabilities and stockholders' deficit | $868.8K | $1.6M | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 5.0M shares | 5.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 50.0M shares | 50.0M shares | |
| Common stock, shares, issued | 3.9M shares | 3.9M shares | |
| Common stock, shares, outstanding | 3.9M shares | 3.9M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $106.5K | $193.0K | |
| Accounts receivable, net | $63.1K | $32.3K | |
| Costs capitalized to obtain revenue contracts | $41.0K | $0 | |
| Prepaid expenses | $46.9K | $0 | |
| Other receivable | $49.0K | $44.8K | |
| Total current assets | $306.5K | $270.0K | |
| Equipment, net | $491 | $1.0K | |
| Intellectual property, net | $513.9K | $1.3M | |
| Right-of-use asset | $44.1K | $0 | |
| Security deposit | $3.7K | $0 | |
| Total assets | $868.8K | $1.6M | |
| Accounts payable | $438.6K | $781.4K | |
| Accrued expenses | $193.0K | $96.2K | |
| Operating lease liability | $41.1K | $0 | |
| Deferred revenue | $111.3K | $0 | |
| Related-party loans | $3.3M | $2.8M | |
| Total current liabilities | $4.1M | $3.7M | |
| Operating lease liability, net of current portion | $3.6K | $0 | |
| Total liabilities | $4.1M | $3.7M | |
| Preferred stock, $0.0001 par value; 5,000,000 shares authorized and none issued and outstanding | $0 | $0 | |
| Common stock, $0.0001 par value; 50,000,000 shares authorized; 3,892,979 and 3,891,667 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $389 | $389 | |
| Additional paid-in-capital | $10.5M | $10.2M | |
| Accumulated deficit | -$13.7M | -$12.4M | |
| Total stockholders' deficit | -$3.2M | -$2.2M | -$1.3M |
| Total liabilities and stockholders' deficit | $868.8K | $1.6M | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 5.0M shares | 5.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 50.0M shares | 50.0M shares | |
| Common stock, shares, issued | 3.9M shares | 3.9M shares | |
| Common stock, shares, outstanding | 3.9M shares | 3.9M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$1.3M | -$2.0M |
| Depreciation and amortization | $102.4K | $91.6K |
| Amortization of right-of-use asset | $33.8K | $0 |
| Amortization of costs capitalized to obtain revenue contracts | $24.5K | $0 |
| Stock-based compensation | $109.2K | $561.5K |
| Gain on liability settlement | -$147.5K | -$30.0K |
| Loss on disposal of long-lived assets | $749.9K | $37.5K |
| Bad debt expense | $37.3K | $0 |
| Accounts receivable | -$68.1K | -$15.8K |
| Costs capitalized to obtain revenue contracts | -$22.2K | $0 |
| Prepaid expenses | -$46.9K | $0 |
| Other receivable | -$4.2K | -$44.8K |
| Security deposit | -$3.7K | $0 |
| Accounts payable | -$208.4K | -$77.1K |
| Accrued expenses | $216.8K | -$24.6K |
| Operating lease liability | -$33.2K | -$1.7K |
| Deferred revenue | $111.3K | $0 |
| Accrued interest added to related-party loans | $263.8K | $227.3K |
| Net cash used in operating activities | -$202.1K | -$1.2M |
| Purchase of intellectual property | -$72.0K | $0 |
| Net cash used in investing activities | -$72.0K | $0 |
| Proceeds from shareholders loans | $237.0K | $861.3K |
| Payments to shareholder loans | -$50.0K | $0 |
| Proceeds from exercise of common stock warrants | $526 | $0 |
| Proceeds from issuance of common stock | $0 | $500.0K |
| Net cash provided by financing activities | $187.5K | $1.4M |
| Net increase (decrease) in cash and cash equivalents | -$86.5K | $128.8K |
| Cash paid for income taxes | $0 | $0 |
| Cash paid for interest | $644 | $2.0K |
| Purchases of intellectual property in accounts payable | $13.1K | $0 |
| Warrants issued for services to obtain revenue contract | $43.4K | $0 |
| SARs issued to settle accrued compensation | $120.0K | $0 |
| Right-of-use asset obtained in exchange for operating lease liability | $77.9K | $0 |
No quarter-by-quarter statement was filed.
What it owns
What KwikClick, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Computer equipment and software | $03 Dec 31, 2025 | $03 Dec 31, 2024 | |
| Accumulated depreciation | $4.0K3 Dec 31, 2025 | $3.5K3 Dec 31, 2024 | +15.5% |
| Property and equipment, net | $4913 Dec 31, 2025 | $1.0K3 Dec 31, 2024 | −52.2% |
| Operating-lease assets (leased space) | $44.1K3 Dec 31, 2025 | $03 Dec 31, 2024 |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $106.5K3 Dec 31, 2025 | $193.0K3 Dec 31, 2024 | −44.8% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $513.9K3 Dec 31, 2025 | $1.3M3 Dec 31, 2024 | −59.9% |
| Finite-lived intangibles, gross | $100.0K3 Dec 31, 2025 | $100.0K3 Dec 31, 2024 | 0% |
| Accumulated amortization | $147.3K3 Dec 31, 2025 | $235.8K3 Dec 31, 2024 | −37.6% |
| Finite-lived intangibles, net | $513.9K3 Dec 31, 2025 | $1.3M3 Dec 31, 2024 | −59.9% |
| Patents, net | $561.2K3 Dec 31, 2025 | $1.4M3 Dec 31, 2024 | −60.4% |
Properties, in its own words
Our principal executive office is located at 585 West 500 South Suite 200, Bountiful, Utah 84010. The space is suitable for the conduct of our business and will be for the foreseeable future.
Item 2 of the 10-K filed Mar 31, 2026.10
Timeline
- Apr 24, 20258-K Change of auditor11
- Sep 16, 20248-K Unregistered sale of shares12
- Jan 3, 20248-K Regulation FD disclosure13
- Oct 19, 20238-K Change of auditor14
- Jun 7, 20238-K Executive or director change; Other events15
- Nov 2, 20228-K Executive or director change16
- Sep 22, 20228-K Regulation FD disclosure17
- Sep 14, 20228-K Executive or director change; Bylaws or fiscal year changed18
- Sep 2, 20228-K Executive or director change19
Filings
44 filings to the SEC since October 2021: 5 annual reports, 14 quarterly reports, 9 major events, 1 insider forms, 15 other. The latest 20:
- Aug 14, 202610-Q FORM 10-Q FOR JUN 2026 EDGAR
- May 15, 202610-Q FORM 10-Q FOR MAR 2026 EDGAR
- Mar 31, 202610-K FORM 10-K FOR DEC 2025 EDGAR
- Nov 14, 202510-Q FORM 10-Q FOR SEP 2025 EDGAR
- Aug 14, 202510-Q FORM 10-Q FOR JUN 2025 EDGAR
- May 15, 202510-Q FORM 10-Q FOR MARCH 2025 EDGAR
- Apr 24, 20258-K EDGAR
- Mar 31, 202510-K FORM 10-K FOR DEC 2024 EDGAR
- Mar 4, 2025DEF 14C EDGAR
- Feb 10, 2025PRE 14C PRELIMINARY INFORMATION STATEMENT EDGAR
- Nov 14, 202410-Q FORM 10-Q FOR SEPTEMBER 2024 EDGAR
- Sep 16, 20248-K EDGAR
- Aug 7, 202410-Q QUARTERLY REPORT EDGAR
- May 15, 202410-Q FORM 10-Q FOR 3-31-24 EDGAR
- Apr 15, 202410-K FORM 10-K FOR 12-31-23 EDGAR
- Apr 1, 2024NT 10-K EXTENSION EDGAR
- Jan 3, 20248-K EDGAR
- Nov 13, 202310-Q FORM 10-Q FOR SEPT 2023 EDGAR
- Oct 19, 20238-K EDGAR
- Aug 14, 202310-Q KWIKCLICK, INC. - FORM 10-Q SEC FILING EDGAR
The 44 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How KwikClick, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARKwikClick, Inc.1
- CIK0001884164
- Employer ID (EIN)95-446303310
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company10
- Incorporated inDelaware10
- Fiscal year endsDecember 311
- Industry code (SIC)7374 Services-Computer Processing & Data Preparation1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address585 West 500 South, Suite 130, Bountiful, UT 840101
- Phone80124348401
- Shares outstanding3,892,979 as of Aug 14, 20269
- Public float$3.9M as of Jun 30, 202510
- AuditorTanner LLP, Lehi, Utah PCAOB ID 270; no auditor attestation of internal control over financial reporting10
- On EDGAR sinceSep 30, 20211
- Filings45 in all: 10-Q (14), 8-K (9), 10-K (5), NT 10-K (3), NT 10-Q (3), UPLOAD (3), DEF 14C (2), PRE 14C (2)1
All 12 form types
10-12G (1), 10-12G/A (1), 3 (1), CORRESP (1)
- Latest filingsAnnual report (10-K) Mar 31, 2026
Quarterly report (10-Q) Aug 14, 2026
Latest 8-K (8-K) Apr 24, 2025
Risk factors and legal proceedings
The risks KwikClick, Inc. names in Item 1A of its 10-K filed Mar 31, 2026: 40 risks under these headings, as written.10
- We are a developing company any only recently started generating revenue
- Our balance sheet is weak, and we lack liquidity
- We may not be profitable in the future
- Our common stock lacks a meaningful public market
- Our common stock may never be listed on a national exchange
- Our common stock may be considered a “penny stock” and may be difficult to trade
- Our common stock lacks institutional or analyst support
- The public float of our common stock is small
- The trading price of our common stock may be volatile and could drop quickly and unexpectedly
- We have only recently commenced generating revenue. It may be difficult to predict our financial performance because our quarterly operating results may fluctuate
- We are adversely affected by the difficult economy and by turmoil in the financial markets
- We may not be able to raise needed capital
The other 31 risks
- Our common stock is expected to be subject to significant dilution as a result of fundraising and issuance of employee, director and consultant incentive shares
- Raising capital by selling our common stock is difficult to accomplish
- Raising capital by selling our common stock could be expensive
- Debt financing is difficult to obtain
- Raising capital by borrowing could be risky
- Our financing decisions may be made without Stockholder approval
- We lack investor relations, public relations, and advertising resources
- Sales of our common stock could cause the trading price of our common stock to fall
- An increase in interest rates may have an adverse effect on the trading price of our Stock
- Increases in taxes and regulatory compliance costs may reduce our revenue
- We are adversely affected by regulatory uncertainties
- A small number of stockholders have significant influence over us
- Retaining and attracting directors and officers may be expensive
- We indemnify our directors and officers, and certain other parties
- We do not expect to pay dividends
- Our cost of being a publicly traded company will increase significantly as our business operations expand
- If we experience a technology disruption or failure that results in a loss of information, if personal data or sensitive information about members of our community or employees is misused or disclosed, or if we or our third-party providers are unable to protect against software and hardware vulnerabilities, service interruptions, cyber incidents, ransomware, security incidents, or security breaches, then members of our community may curtail use of our platform, we may be exposed to liability or incur additional expenses, and our reputation could suffer.
- Our software may contain undetected errors.
- Our business, financial performance and growth depends on our ability to attract and retain an active and engaged community of buyers and sellers.
- 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 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.
- We may be unable to adequately protect our intellectual property.
- Our first significant customer base is expected to be through a group of network marketing companies which are subject to extensive regulation and scrutiny and any failure by these types of companies to comply with these regulations could materially harm our business, financial condition, and operating results.
- We face intense competition and may not be able to compete effectively.
- If the widely adopted mobile, social, search, and/or advertising solutions that we, our sellers and our buyers rely on as part of our key offering are no longer available or effective, or if access to these major platforms is limited, the use of our marketplaces could decline.
- Our marketing efforts to help grow our business may not be effective.
- Enforcement of our marketplace policies may negatively impact our brand, reputation, and/or our financial performance.
- REGULATORY, COMPLIANCE, AND LEGAL RISKS
- Failure to deal effectively with constantly evolving fraud or other illegal activity could harm our business.
- Our brand may be harmed if third parties or members of our community use or attempt to use KwikClick as part of their illegal or unethical business practices.
- We may be subject to claims that items listed by sellers in our marketplace are counterfeit, infringing, illegal, harmful or otherwise violate our policies.
- We may be involved in litigation and regulatory matters that are expensive and time consuming and that may require changes to our strategy, the features of our platform and/or how our business operates.
- Expanding and evolving regulations in the areas of privacy and user data protection could create technological, economic and complex cross-border business impediments to our business and those of our sellers.
- Our business and our sellers and buyers may be subject to evolving sales and other tax regimes in various jurisdictions, which may harm our business.
- We may be subject to intellectual property claims, which, even if untrue, could be extremely costly to defend, damage our brand, require us to pay significant damages, and limit our ability to use certain technologies in the future.
Legal proceedings
From time to time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business.
On May 31, 2023, NAI Liquidation Trust, the successor in interest to the defunct NewAge, Inc. by and through its Liquidation Trustee, Steven, Balasiano filed an adversary proceeding against the Company in the Newage Chapter 11 bankruptcy case (Delaware Case #22-10819). The Company licensed some of its technology to NewAge pursuant to a license agreement that started in September 2021 and terminated in late 2022. A prior adversarial action was brought by NewAge in the same bankruptcy case but was never served and was dismissed on June 1, 2023. Like the prior dismissed action, NAI Liquidation Trust contends that they are the rightful owner of KwikClick’s intellectual property. NAI Liquidation Trust brings several causes of action related to that contention.
The Company believes that the code base and functionality of its software platform differs materially from any intellectual property owned by NewAge. The Company intends to vigorously defend and assert its intellectual property rights. In the event the Company does not prevail it may be required to impair substantially all of its intangible assets with a carrying value of approximately $514,000 and may be forced to discontinue its on-going fee-based sales platform. The litigation is in its early stages, an estimate of reasonably possible loss cannot be made at this time. As such, there has been no further adjustment to the accompanying consolidated statements of financial position, results of operations, or cash flows as of and for the twelve months ended December 31, 2025.
The opening of Item 3, Legal Proceedings.10
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARKwikClick, Inc. filings on SEC EDGAR
- 2SEC EDGARKwikClick, Inc. filings on SEC EDGAR
- 3SEC EDGARKwikClick, Inc. 10-K for fiscal 2025
- 4SEC EDGARKwikClick, Inc. 10-K for fiscal 2021
- 5SEC EDGARKwikClick, Inc. 10-K for fiscal 2022
- 6SEC EDGARKwikClick, Inc. 10-K for fiscal 2023
- 7SEC EDGARKwikClick, Inc. 10-K for fiscal 2021
- 8SEC EDGARKwikClick, Inc. 10-Q for fiscal 2026
- 9SEC EDGARKwikClick, Inc. 10-Q for fiscal 2026
- 10
- 11SEC EDGARChange of auditor
- 12SEC EDGARUnregistered sale of shares
- 13SEC EDGARRegulation FD disclosure
- 14SEC EDGARChange of auditor
- 15
- 16SEC EDGARExecutive or director change
- 17SEC EDGARRegulation FD disclosure
- 18
- 19SEC EDGARExecutive or director change