$KWIK
KwikClick, Inc. Stock $kwik

$kwik Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-K Financial Statement

#000168316824002394 Filed on April 15, 2024

Income Statement

Concept	2024 Q2	2023 Q4	2023
Revenue	$13.15K		$288.2K
YoY Change	-74.46%		-52.5%
Cost Of Revenue	$8.144K		$217.0K
YoY Change	-79.9%		47.47%
Gross Profit	$5.002K		$71.24K
YoY Change	-54.34%		-84.5%
Gross Profit Margin	38.05%		24.72%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development	$76.52K		$804.8K
YoY Change	-71.2%		-33.98%
% of Gross Profit	1529.77%		1129.78%
Depreciation & Amortization			$1.107K
YoY Change			-6.9%
% of Gross Profit			1.55%
Operating Expenses	$76.52K		$804.8K
YoY Change	-90.8%		-82.25%
Operating Profit	-$71.52K		-$733.6K
YoY Change	-91.29%		-81.32%
Interest Expense	$55.13K		$75.16K
YoY Change	329.86%		271.17%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$338.9K		-$3.903M
YoY Change	-57.28%		-1.11%
Income Tax	$0.00		$0.00
% Of Pretax Income
Net Earnings	-$338.9K		-$3.903M
YoY Change	-57.28%		-1.11%
Net Earnings / Revenue	-2578.27%		-1354.16%
Basic Earnings Per Share	$0.00		-$0.03
Diluted Earnings Per Share	$0.00		-$0.03
COMMON SHARES
Basic Shares Outstanding	153.1M shares	151.7M shares	150.7M shares
Diluted Shares Outstanding	153.1M shares		150.7M shares

Balance Sheet

Concept	2024 Q2	2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$31.18K	$64.19K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$45.45K	$80.69K
YoY Change	35.39%	163.84%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.962K	$4.515K
YoY Change	-21.84%	-19.7%
Goodwill
YoY Change
Intangibles	$1.357M	$1.406M
YoY Change		31.84%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$1.397M	$1.475M
YoY Change	-9.06%	23.85%
TOTAL ASSETS
Total Short-Term Assets	$45.45K	$80.69K
Total Long-Term Assets	$1.397M	$1.475M
Total Assets	$1.442M	$1.556M
YoY Change	-8.11%	27.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$728.5K	$962.6K
YoY Change	-11.51%	76.03%
Accrued Expenses	$112.0K	$120.9K
YoY Change	-9.52%	-2.96%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.383M	$2.820M
YoY Change	62.46%	286.43%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.383M	$2.820M
Total Long-Term Liabilities
Total Liabilities	$3.383M	$2.830M
YoY Change	59.55%	255.63%
SHAREHOLDERS EQUITY
Retained Earnings	-$11.48M	-$10.40M
YoY Change	40.83%	60.05%
Common Stock	$15.32K	$15.32K
YoY Change	1.62%	2.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$1.941M	-$1.274M
YoY Change
Total Liabilities & Shareholders Equity	$1.442M	$1.556M
YoY Change	-8.11%	27.36%

Cashflow Statement

Concept	2024 Q2	2023
OPERATING ACTIVITIES
Net Income	-$338.9K	-$3.903M
YoY Change	-57.28%	-1.11%
Depreciation, Depletion And Amortization		$1.107K
YoY Change		-6.9%
Cash From Operating Activities		-$2.335M
YoY Change		-9.34%
INVESTING ACTIVITIES
Capital Expenditures		$0.00
YoY Change		-100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities		-$131.8K
YoY Change		-66.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$300.0K
YoY Change		-70.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		$2.501M
YoY Change		4.41%
NET CHANGE
Cash From Operating Activities		-$2.335M
Cash From Investing Activities		-$131.8K
Cash From Financing Activities		$2.501M
Net Change In Cash		$33.60K
YoY Change		-105.8%
FREE CASH FLOW
Cash From Operating Activities		-$2.335M
Capital Expenditures		$0.00
Free Cash Flow		-$2.335M
YoY Change		-9.57%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023	dei	Entity Central Index Key EntityCentralIndexKey	0001884164
CY2023	dei	Document Type DocumentType	10-K
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Document Period End Date DocumentPeriodEndDate	2023-12-31
CY2023	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023	dei	Document Transition Report DocumentTransitionReport	false
CY2023	dei	Entity File Number EntityFileNumber	000-56349
CY2023	dei	Entity Registrant Name EntityRegistrantName	KwikClick, Inc.
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2023	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	95-4463033
CY2023	dei	Entity Address Address Line1 EntityAddressAddressLine1	585 West 500 South Suite 130
CY2023	dei	City Area Code CityAreaCode	385
CY2023	dei	Local Phone Number LocalPhoneNumber	301-2792
CY2023	dei	Security12g Title Security12gTitle	Common Stock, par value $0.0001 per share
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023	dei	Entity Small Business EntitySmallBusiness	true
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	false
CY2023	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	false
CY2023	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	false
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Public Float EntityPublicFloat	30498980	usd
CY2024Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	153148706	shares
CY2023Q4	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q4	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q4	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2023Q4	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023	dei	Auditor Firm AuditorFirmId	6580
CY2022	dei	Auditor Firm AuditorFirmId	6117
CY2023	dei	Auditor Name AuditorName	GreenGrowth CPAs
CY2023	dei	Auditor Location AuditorLocation	Los Angeles, California
CY2022	dei	Auditor Name AuditorName	Heaton & Company, PLLC
CY2022	dei	Auditor Location AuditorLocation	Farmington, Utah
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	64186	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	30583	usd
CY2023Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	16503	usd
CY2022Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	0	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	80689	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	30583	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4515	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5623	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1406491	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1066780	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	64194	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	118684	usd
CY2023Q4	us-gaap	Assets Assets	1555889	usd
CY2022Q4	us-gaap	Assets Assets	1221670	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	962553	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	546807	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	120859	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	124551	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	55852	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	54295	usd
CY2023Q4	KWIK	Related Party Loans Current RelatedPartyLoansCurrent	1680405	usd
CY2022Q4	KWIK	Related Party Loans Current RelatedPartyLoansCurrent	0	usd
CY2023Q4	KWIK	Stock Issuable Current StockIssuableCurrent	0	usd
CY2022Q4	KWIK	Stock Issuable Current StockIssuableCurrent	4010	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2819669	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	729663	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	10174	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	66053	usd
CY2023Q4	us-gaap	Liabilities Liabilities	2829843	usd
CY2022Q4	us-gaap	Liabilities Liabilities	795716	usd
CY2023Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2022Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2022Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	153148705	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	153148705	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	149442605	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	149442605	shares
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	15316	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	14945	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	9113260	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	7430721	usd
CY2023Q4	us-gaap	Stockholders Equity Note Subscriptions Receivable StockholdersEquityNoteSubscriptionsReceivable	-0	usd
CY2022Q4	us-gaap	Stockholders Equity Note Subscriptions Receivable StockholdersEquityNoteSubscriptionsReceivable	520261	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-10402530	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-6499451	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	-1273954	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	425954	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1555889	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1221670	usd
CY2023	us-gaap	Revenues Revenues	288229	usd
CY2022	us-gaap	Revenues Revenues	606835	usd
CY2023	us-gaap	Cost Of Revenue CostOfRevenue	216990	usd
CY2022	us-gaap	Cost Of Revenue CostOfRevenue	147140	usd
CY2023	us-gaap	Salaries And Wages SalariesAndWages	2105101	usd
CY2022	us-gaap	Salaries And Wages SalariesAndWages	2881834	usd
CY2023	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	804847	usd
CY2022	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	1219133	usd
CY2023	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1067469	usd
CY2022	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	285270	usd
CY2023	us-gaap	Costs And Expenses CostsAndExpenses	4194407	usd
CY2022	us-gaap	Costs And Expenses CostsAndExpenses	4533377	usd
CY2023	us-gaap	Interest Expense InterestExpense	75158	usd
CY2022	us-gaap	Interest Expense InterestExpense	20249	usd
CY2023	KWIK	Gain On Liability Settlement GainOnLiabilitySettlement	78257	usd
CY2022	KWIK	Gain On Liability Settlement GainOnLiabilitySettlement	0	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3903079	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3946791	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-3946791	usd
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	150692758	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	150692758	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	128780195	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	128780195	shares
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	-812394	usd
CY2022	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	1000000	usd
CY2022	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	440000	usd
CY2022	KWIK	Issuance Of Common Stock For Settlement Of Stock Issuable Value IssuanceOfCommonStockForSettlementOfStockIssuableValue	1041200	usd
CY2022	us-gaap	Stock Issued During Period Value Purchase Of Assets StockIssuedDuringPeriodValuePurchaseOfAssets	100000	usd
CY2022	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	1479739	usd
CY2022	KWIK	Issuance Of Common Stock For Accrued Compensation Value IssuanceOfCommonStockForAccruedCompensationValue	333333	usd
CY2022	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	790867	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-3946791	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	425954	usd
CY2023	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	4010	usd
CY2023	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	200196	usd
CY2023	KWIK	Issuance Of Common Stock For Stock Issuable IssuanceOfCommonStockForStockIssuable	300000	usd
CY2023	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	26694	usd
CY2023	KWIK	Proceeds From Subscription Receivable Equity ProceedsFromSubscriptionReceivableEquity	520261	usd
CY2023	KWIK	Stock Appreciation Rights Issued For Services Value StockAppreciationRightsIssuedForServicesValue	1136284	usd
CY2023	KWIK	Stock Appreciation Rights Issued For Liability Settlement Value StockAppreciationRightsIssuedForLiabilitySettlementValue	15726	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-3903079	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	-1273954	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-3903079	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-3946791	usd
CY2023	us-gaap	Depreciation And Amortization DepreciationAndAmortization	89153	usd
CY2022	us-gaap	Depreciation And Amortization DepreciationAndAmortization	41658	usd
CY2023	us-gaap	Share Based Compensation ShareBasedCompensation	1363174	usd
CY2022	us-gaap	Share Based Compensation ShareBasedCompensation	1230867	usd
CY2023	KWIK	Gain On Liability Settlement GainOnLiabilitySettlement	78257	usd
CY2022	KWIK	Gain On Liability Settlement GainOnLiabilitySettlement	-0	usd
CY2023	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-0	usd
CY2022	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-560	usd
CY2023	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	16503	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-0	usd
CY2023	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	168	usd
CY2022	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	1664	usd
CY2023	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-3692	usd
CY2022	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	101993	usd
CY2023	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	213758	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-5751	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2335278	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2575800	usd
CY2023	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	131785	usd
CY2022	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	393742	usd
CY2023	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	usd
CY2022	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	1919	usd
CY2023	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	-0	usd
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	6656	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-131785	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-398479	usd
CY2023	KWIK	Refund Of Stock Payable RefundOfStockPayable	-0	usd
CY2022	KWIK	Refund Of Stock Payable RefundOfStockPayable	30000	usd
CY2023	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	1680405	usd
CY2022	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	1875000	usd
CY2023	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	-0	usd
CY2022	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	450000	usd
CY2023	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	300000	usd
CY2022	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1000000	usd
CY2023	KWIK	Proceeds From Subscription Receivable ProceedsFromSubscriptionReceivable	520261	usd
CY2022	KWIK	Proceeds From Subscription Receivable ProceedsFromSubscriptionReceivable	0	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2500666	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2395000	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	33603	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-579279	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	30583	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	609862	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	64186	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	30583	usd
CY2023	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2022	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2023	us-gaap	Interest Paid Net InterestPaidNet	0	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	0	usd
CY2023	KWIK	Common Stock Issued For Intellectual Property CommonStockIssuedForIntellectualProperty	0	usd
CY2022	KWIK	Common Stock Issued For Intellectual Property CommonStockIssuedForIntellectualProperty	100000	usd
CY2023	KWIK	Common Stock Issued For Stock Issuable Settlement CommonStockIssuedForStockIssuableSettlement	0	usd
CY2022	KWIK	Common Stock Issued For Stock Issuable Settlement CommonStockIssuedForStockIssuableSettlement	1041200	usd
CY2023	KWIK	Common Stock Issued For Accrued Compensation CommonStockIssuedForAccruedCompensation	0	usd
CY2022	KWIK	Common Stock Issued For Accrued Compensation CommonStockIssuedForAccruedCompensation	333334	usd
CY2023	KWIK	Stock Appreciation Rights Issued For Liability Settlement StockAppreciationRightsIssuedForLiabilitySettlement	15726	usd
CY2022	KWIK	Stock Appreciation Rights Issued For Liability Settlement StockAppreciationRightsIssuedForLiabilitySettlement	0	usd
CY2023	KWIK	Purchases Of Intellectual Property In Accounts Payable PurchasesOfIntellectualPropertyInAccountsPayable	295971	usd
CY2022	KWIK	Purchases Of Intellectual Property In Accounts Payable PurchasesOfIntellectualPropertyInAccountsPayable	0	usd
CY2023	KWIK	Capital Contribution For Settlement Of Stock Issuable CapitalContributionForSettlementOfStockIssuable	4010	usd
CY2022	KWIK	Capital Contribution For Settlement Of Stock Issuable CapitalContributionForSettlementOfStockIssuable	0	usd
CY2023	KWIK	Recognition Of Right Of Use Asset And Lease Obligations RecognitionOfRightOfUseAssetAndLeaseObligations	0	usd
CY2022	KWIK	Recognition Of Right Of Use Asset And Lease Obligations RecognitionOfRightOfUseAssetAndLeaseObligations	157097	usd
CY2023	us-gaap	Nature Of Operations NatureOfOperations	<p id="xdx_801_eus-gaap--NatureOfOperations_z455L0ao2FZ4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>NOTE 1. <span id="xdx_827_zs1zOnTCeCO4">BUSINESS</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">KwikClick, Inc., (the Company) was organized pursuant to the laws of the State of Delaware on November 16, 1993. Beginning in 2020, the Company commenced its KwikClick business operations to allow sellers to make products or services available on the KwikClick platform, at Kwik.com, offering a self-determined incentive budget on goods or services in exchange for exposure and substantially increased sales volume. KwikClick is a social interaction, selling, and referral software platform. Stores and manufacturers (“Brands”) wishing to promote their products or services on the KWIKClick software platform, which connects them to promoters, influencers, and customers. When the Brand is paid for the consumer purchases through the KwikClick platform, the Brand pays an incentive budget to KwikClick. KwikClick receives the entire incentive budget as revenue for generating the sales through its platform, and recognizes cost of sales upon calculation and payment of the commissions paid to the wave of affiliates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Going Concern</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As reflected in the accompanying consolidated financial statements, the Company has a net loss of $<span id="xdx_90D_eus-gaap--NetIncomeLoss_iN_di_c20230101__20231231_zFY6FwRoaU9">3,903,079</span> for the year ended December 31, 2023. If the Company does not begin to generate sufficient revenue or raise additional funds through financing, the Company may need to incur additional liabilities with certain related parties to sustain the Company's existence. There are currently no plans or agreements in place to provide such funding. The Company will require additional funding to finance the growth of its future operations as well as to achieve its strategic objectives.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-3903079	usd
CY2023Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	0	usd
CY2022Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	0	usd
CY2023	KWIK	Property Plant And Equipment Useful Life1 PropertyPlantAndEquipmentUsefulLife1	five to seven years
CY2023Q4	us-gaap	Finite Lived Intangible Asset Useful Life FiniteLivedIntangibleAssetUsefulLife	P15Y
CY2023	us-gaap	Impairment Charge On Reclassified Assets ImpairmentChargeOnReclassifiedAssets	0	usd
CY2022	us-gaap	Impairment Charge On Reclassified Assets ImpairmentChargeOnReclassifiedAssets	0	usd
CY2023Q4	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross	0	usd
CY2022Q4	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross	0	usd
CY2023	us-gaap	Sales Commissions And Fees SalesCommissionsAndFees	0	usd
CY2022	us-gaap	Sales Commissions And Fees SalesCommissionsAndFees	0	usd
CY2023	us-gaap	Revenue Recognition Sales Returns RevenueRecognitionSalesReturns	<p id="xdx_84E_eus-gaap--RevenueRecognitionSalesReturns_z2tdAp0MMrT5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><span id="xdx_862_zvmtih96TMU1">Return Allowances</span></b></p> <p style="font: 13.5pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The fees earned by the Company are subject to returns under similar terms as set by the third-party services using the Company’s software platform. The Company does not assume responsibility for refund or replacement of product costs. Return allowances, which reduce revenue and cost of sales, are estimated using historical experience. During the years ended December 31, 2023 and 2022, the Company did <span id="xdx_90B_eus-gaap--AllowanceForDoubtfulAccountsReceivableWriteOffs_do_c20230101__20231231_zpQd2gQVkY01" title="Return allowances"><span id="xdx_901_eus-gaap--AllowanceForDoubtfulAccountsReceivableWriteOffs_do_c20220101__20221231_znldwsHWIv0e" title="Return allowances">no</span></span>t incur material returns.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2023	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	0	usd
CY2022	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	0	usd
CY2023	us-gaap	Advertising Expense AdvertisingExpense	163798	usd
CY2022	us-gaap	Advertising Expense AdvertisingExpense	270284	usd
CY2023	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_84E_eus-gaap--UseOfEstimates_ztIFVc4CfYC4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_866_zxdcZJkkHdvg">Use of Estimates</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2023	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<p id="xdx_84F_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zkuBSzKRBLza" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_86C_zbGVv4K7w3bk">Reclassifications</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Certain prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications are not material and had no effect on the previously reported financial position, results of operations, or cash flows.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2023Q4	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	8483	usd
CY2022Q4	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	8483	usd
CY2023Q4	us-gaap	Property Plant And Equipment Other Accumulated Depreciation PropertyPlantAndEquipmentOtherAccumulatedDepreciation	3968	usd
CY2022Q4	us-gaap	Property Plant And Equipment Other Accumulated Depreciation PropertyPlantAndEquipmentOtherAccumulatedDepreciation	2860	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4515	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5623	usd
CY2023	us-gaap	Depreciation Depreciation	1107	usd
CY2022	us-gaap	Depreciation Depreciation	1189	usd
CY2023Q4	us-gaap	Finite Lived Patents Gross FiniteLivedPatentsGross	1455815	usd
CY2022Q4	us-gaap	Finite Lived Patents Gross FiniteLivedPatentsGross	1028059	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	100000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	100000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	149324	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	61279	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1406491	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1066780	usd
CY2023	us-gaap	Adjustment For Amortization AdjustmentForAmortization	88045	usd
CY2022	us-gaap	Adjustment For Amortization AdjustmentForAmortization	40469	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	92856	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	92856	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	92856	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	92856	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	92856	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	942211	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1406491	usd
CY2023Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	1535382	usd
CY2022Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	947624	usd
CY2023Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1535382	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	947624	usd
CY2023Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	usd
CY2022Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	usd
CY2023	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
CY2023	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-719555	usd
CY2022	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-828826	usd
CY2023	KWIK	Effective Income Tax Rate Reconciliation Stock For Services EffectiveIncomeTaxRateReconciliationStockForServices	131796	usd
CY2022	KWIK	Effective Income Tax Rate Reconciliation Stock For Services EffectiveIncomeTaxRateReconciliationStockForServices	258482	usd
CY2023	KWIK	Effective Income Tax Rate Reconciliation Stock Options EffectiveIncomeTaxRateReconciliationStockOptions	0	usd
CY2022	KWIK	Effective Income Tax Rate Reconciliation Stock Options EffectiveIncomeTaxRateReconciliationStockOptions	0	usd
CY2023	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	0	usd
CY2022	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	0	usd
CY2023	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	-587759	usd
CY2022	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	-570344	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	3058505	shares
CY2023	us-gaap	Interest Expense Debt InterestExpenseDebt	75158	usd
CY2022	us-gaap	Interest Expense Debt InterestExpenseDebt	20249	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	63400	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	5296	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	68696	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	2670	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	66026	usd
CY2023	us-gaap	Operating Lease Expense OperatingLeaseExpense	61721	usd
CY2022	us-gaap	Operating Lease Expense OperatingLeaseExpense	56578	usd

Files In Submission

Name	View Source	Status
0001683168-24-002394-index-headers.html	Edgar Link	pending
0001683168-24-002394-index.html	Edgar Link	pending
0001683168-24-002394.txt	Edgar Link	pending
0001683168-24-002394-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
image_001.jpg	Edgar Link	pending
image_002.jpg	Edgar Link	pending
kwik-20231231.xsd	Edgar Link	pending
kwik_ex3101.htm	Edgar Link	pending
kwik_ex3102.htm	Edgar Link	pending
kwik_ex3201.htm	Edgar Link	pending
kwik_ex3202.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
kwik-20231231_cal.xml	Edgar Link	unprocessable
kwik-20231231_def.xml	Edgar Link	unprocessable
kwik-20231231_lab.xml	Edgar Link	unprocessable
kwik-20231231_pre.xml	Edgar Link	unprocessable
kwik_i10k-123123.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
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R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
kwik_i10k-123123_htm.xml	Edgar Link	completed

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$KWIK
KwikClick, Inc. Stock $kwik

2024 Q2 Form 10-K Financial Statement

#000168316824002394 Filed on April 15, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KWIK KwikClick, Inc. Stock $kwik

2024 Q2 Form 10-K Financial Statement

#000168316824002394 Filed on April 15, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KWIK
KwikClick, Inc. Stock $kwik