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 investments | 64 | 31 | 610 | |||
Cash and cash equivalents | 64 | 31 | 610 | |||
Other undisclosed current assets | 17 | |||||
Total current assets: | 81 | 31 | 610 | |||
Noncurrent Assets | ||||||
Finance lease, right-of-use asset, after accumulated amortization | 119 | |||||
Operating lease, right-of-use asset | 64 | |||||
Property, plant and equipment | 5 | 6 | 3 | |||
Intangible assets, net (including goodwill) | 1,406 | 1,067 | 614 | |||
Intangible assets, net (excluding goodwill) | 1,406 | 1,067 | 614 | |||
Other undisclosed noncurrent assets | ||||||
Total noncurrent assets: | 1,475 | 1,191 | 616 | |||
TOTAL ASSETS: | 1,556 | 1,222 | 1,226 | |||
LIABILITIES AND EQUITY | ||||||
Liabilities | ||||||
Current Liabilities | ||||||
Accounts payable and accrued liabilities | 1,083 | 671 | 585 | |||
Taxes payable | ✕ | ✕ | ✕ | 0 | ||
Accounts payable | 963 | 547 | 573 | |||
Accrued liabilities | 121 | 125 | 12 | |||
Deferred compensation liability | 4 | 1,086 | ||||
Due to related parties | ✕ | ✕ | 34 | |||
Other undisclosed current liabilities | 1,736 | 54 | 333 | |||
Total current liabilities: | 2,820 | 730 | 2,038 | |||
Noncurrent Liabilities | ||||||
Liabilities, other than long-term debt | 10 | |||||
Operating lease, liability | 10 | |||||
Other undisclosed noncurrent liabilities | 66 | |||||
Total noncurrent liabilities: | 10 | 66 | ||||
Total liabilities: | 2,830 | 796 | 2,038 | |||
Equity | ||||||
Equity, attributable to parent, including: | (1,274) | 426 | (812) | |||
Common stock | 15 | 15 | 12 | |||
Additional paid in capital | 9,113 | 7,431 | 1,729 | |||
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: | 1,556 | 1,222 | 1,226 |
Income Statement (P&L) ($ in thousands)
9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
---|---|---|---|---|---|
Revenues | 288 | 607 | 252 | ||
Revenue from related parties | ✕ | ✕ | 150 | ||
Cost of revenue | (217) | (147) | (77) | ||
Cost of goods and services sold | (77) | ||||
Gross profit: | 71 | 460 | 176 | ||
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.