KwikClick, Inc. (KWIK) Financial Statements (2025 and earlier)

Company Profile

Business Address 585 WEST 500 SOUTH
BOUNTIFUL, UT 84010
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6431610
Cash and cash equivalents6431610
Other undisclosed current assets17  
Total current assets:8131610
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization  119 
Operating lease, right-of-use asset64  
Property, plant and equipment563
Intangible assets, net (including goodwill)1,4061,067614
Intangible assets, net (excluding goodwill)1,4061,067614
Other undisclosed noncurrent assets   
Total noncurrent assets:1,4751,191616
TOTAL ASSETS:1,5561,2221,226
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,083671585
Taxes payable0
Accounts payable963547573
Accrued liabilities12112512
Deferred compensation liability  41,086
Due to related parties 34
Other undisclosed current liabilities1,73654333
Total current liabilities:2,8207302,038
Noncurrent Liabilities
Liabilities, other than long-term debt 10  
Operating lease, liability 10  
Other undisclosed noncurrent liabilities  66 
Total noncurrent liabilities: 1066 
Total liabilities:2,8307962,038
Equity
Equity, attributable to parent, including:(1,274)426(812)
Common stock151512
Additional paid in capital9,1137,4311,729
Accumulated deficit(10,403)(6,499)(2,553)
Other undisclosed equity, attributable to parent  (520) 
Total equity:(1,274)426(812)
TOTAL LIABILITIES AND EQUITY:1,5561,2221,226

Income Statement (P&L) ($ in thousands)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Revenues288607252
Revenue from related parties 150
Cost of revenue(217)(147)(77)
Cost of goods and services sold   (77)
Gross profit:71460176
Operating expenses(1,872)(4,533)(2,546)
Other undisclosed operating income  147 
Operating income (loss):(1,801)(3,927)(2,370)
Interest and debt expense(75)(20) 
Income (loss) from continuing operations before equity method investments, income taxes:(1,876)(3,947)(2,370)
Other undisclosed loss from continuing operations before income taxes(2,027)  
Loss from continuing operations:(3,903)(3,947)(2,370)
Loss before gain (loss) on sale of properties:(2,370)
Net loss available to common stockholders, diluted:(3,903)(3,947)(2,370)

Comprehensive Income ($ in thousands)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Net loss:(3,903)(3,947)(2,370)
Comprehensive loss, net of tax, attributable to parent:(3,903)(3,947)(2,370)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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