KwikClick (KWIK) 10-Q 21 Nov 22 2022 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Nov. 21, 2022
Details
Registrant CIK	0001884164
Fiscal Year End	--12-31
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	000-56349
Entity Registrant Name	KwikClick, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-4463033
Entity Address, Address Line One	585 West 500 South
Entity Address, Address Line Two	Suite 130
Entity Address, City or Town	Bountiful
Entity Address, State or Province	UT
Entity Address, Postal Zip Code	84010
City Area Code	801
Local Phone Number	243-4840
Phone Fax Number Description	Registrant’s telephone number, including area code:
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		128,842,605
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 24,476	$ 609,862
Total current assets	24,476	609,862
Equipment, net	5,900	2,635
Intellectual property, net	851,721	613,507
Right of use asset	131,613	0
Total assets	1,013,710	1,226,004
Current liabilities
Accounts payable	400,396	572,808
Accrued liabilities	79,815	345,059
Lease obligation	51,288	0
Shareholder loans	684,489	34,489
Stock issuable	4,010	1,086,042
Total current liabilities	1,219,998	2,038,398
Long-term liabilities
Lease obligation, net of current portion	81,536	0
Total liabilities	1,301,534	2,038,398
Stockholders' deficit
Preferred shares	0	0
Common shares	12,885	11,591
Additional paid-in-capital	5,364,780	1,728,675
Accumulated deficit	(5,665,489)	(2,552,660)
Total stockholders' deficit	(287,824)	(812,394)
Total liabilities and stockholders' deficit	$ 1,013,710	$ 1,226,004

Consolidated Balance Sheets - P

Consolidated Balance Sheets - Parenthetical - $ / shares	Sep. 30, 2022	Dec. 31, 2021
Details
Preferred Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Preferred Stock, Shares Authorized	5,000,000	5,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Common Stock, Shares Authorized	400,000,000	400,000,000
Common Stock, Shares, Issued	128,842,605	115,912,605
Common Stock, Shares, Outstanding	128,842,605	115,912,605

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenues
Product sales	$ 166,723	$ 0	$ 341,632	$ 0
Licensing - related party	0	50,000	300,000	50,000
Net revenue	166,723	50,000	641,632	50,000
Operating expenses
Cost of revenues	126,531	0	205,370	0
Management and payroll	658,475	326,617	2,818,569	794,368
General and administrative	221,696	68,944	730,522	178,847
Total operating expenses	1,006,702	395,561	3,754,461	973,215
Provision for (benefit from) income taxes	0	0	0	0
Loss before income taxes	(839,979)	(345,561)	(3,112,829)	(923,215)
Net loss	$ (839,979)	$ (345,561)	$ (3,112,829)	$ (923,215)
Basic and diluted loss per share	$ (0.01)	$ 0	$ (0.03)	$ (0.01)
Weighted average shares outstanding - basic and diluted	127,118,693	114,768,053	120,064,934	114,368,646

Consolidated Statement of Share

Consolidated Statement of Shareholders' Equity - USD ($)	Preferred Stock	Common Stock	Additional Paid-in Capital	Retained Earnings	Total
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2020	$ 10	$ 10,969	$ 1,086,529	$ (182,609)	$ 914,899
Shares, Outstanding, Beginning Balance at Dec. 31, 2020	100,000	109,692,605
Net loss	$ 0	$ 0	0	(245,604)	(245,604)
Stockholders' Equity Attributable to Parent, Ending Balance at Mar. 31, 2021	$ 10	$ 10,969	1,086,529	(428,213)	669,295
Shares, Outstanding, Ending Balance at Mar. 31, 2021	100,000	109,692,605
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2020	$ 10	$ 10,969	1,086,529	(182,609)	914,899
Shares, Outstanding, Beginning Balance at Dec. 31, 2020	100,000	109,692,605
Net loss					(923,215)
Stockholders' Equity Attributable to Parent, Ending Balance at Sep. 30, 2021	$ 0	$ 11,598	1,462,950	(1,105,824)	368,724
Shares, Outstanding, Ending Balance at Sep. 30, 2021	0	115,981,768
Stockholders' Equity Attributable to Parent, Beginning Balance at Mar. 31, 2021	$ 10	$ 10,969	1,086,529	(428,213)	669,295
Shares, Outstanding, Beginning Balance at Mar. 31, 2021	100,000	109,692,605
Net loss	$ 0	$ 0	0	(332,050)	(332,050)
Stockholders' Equity Attributable to Parent, Ending Balance at Jun. 30, 2021	$ 10	$ 11,590	1,381,918	(760,263)	633,255
Shares, Outstanding, Ending Balance at Jun. 30, 2021	100,000	115,900,105
Issuance of common stock for cash	$ 0	$ 621	295,389	0	296,010
Issuance of common stock for cash		6,207,500
Net loss	0	$ 0	0	(345,561)	(345,561)
Stockholders' Equity Attributable to Parent, Ending Balance at Sep. 30, 2021	$ 0	$ 11,598	1,462,950	(1,105,824)	368,724
Shares, Outstanding, Ending Balance at Sep. 30, 2021	0	115,981,768
Issuance of common stock for cash	$ 0	$ 8	81,022	0	81,030
Issuance of common stock for cash		81,663
Cancellation of preferred shares	$ (10)	$ 0	10	0	0
Cancellation of preferred shares, shares	(100,000)
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2021	$ 0	$ 11,591	1,728,675	(2,552,660)	(812,394)
Shares, Outstanding, Beginning Balance at Dec. 31, 2021	0	115,912,605
Net loss	$ 0	$ 0	0	(922,852)	(922,852)
Stockholders' Equity Attributable to Parent, Ending Balance at Mar. 31, 2022	$ 0	$ 11,591	1,728,675	(3,475,512)	(1,735,246)
Shares, Outstanding, Ending Balance at Mar. 31, 2022	0	115,912,605
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2021	$ 0	$ 11,591	1,728,675	(2,552,660)	(812,394)
Shares, Outstanding, Beginning Balance at Dec. 31, 2021	0	115,912,605
Net loss					(3,112,829)
Stockholders' Equity Attributable to Parent, Ending Balance at Sep. 30, 2022	$ 0	$ 12,885	5,364,780	(5,665,489)	(287,824)
Shares, Outstanding, Ending Balance at Sep. 30, 2022	0	128,842,605
Issuance of common stock for services					225,000
Issuance of common stock for services		225,000
Issuance of common stock for intellectual property acquisition		100,000
Stockholders' Equity Attributable to Parent, Beginning Balance at Mar. 31, 2022	$ 0	$ 11,591	1,728,675	(3,475,512)	(1,735,246)
Shares, Outstanding, Beginning Balance at Mar. 31, 2022	0	115,912,605
Net loss	$ 0	$ 0	0	(1,349,998)	(1,349,998)
Stockholders' Equity Attributable to Parent, Ending Balance at Jun. 30, 2022	$ 0	$ 11,797	4,222,867	(4,825,510)	(590,846)
Shares, Outstanding, Ending Balance at Jun. 30, 2022	0	117,967,605
Issuance of common stock for settlement of stock issuable	$ 0	$ 73	1,041,127	0	1,041,200
Issuance of common stock for settlement of stock issuable		730,000
Issuance of common stock for accrued compensation	0	$ 33	333,301	0	333,334
Issuance of common stock for accrued compensation		333,334
Issuance of common stock for services	0	$ 23	224,977	0	225,000
Issuance of common stock for services		225,000
Issuance of common stock for intellectual property acquisition	0	$ 10	99,990	0	100,000
Issuance of common stock for intellectual property acquisition		100,000
Stock based compensation	0	$ 67	794,797	0	794,864
Stock based compensation		666,666
Net loss				(839,979)	(839,979)
Stockholders' Equity Attributable to Parent, Ending Balance at Sep. 30, 2022	$ 0	$ 12,885	5,364,780	$ (5,665,489)	(287,824)
Shares, Outstanding, Ending Balance at Sep. 30, 2022	0	128,842,605
Issuance of common stock for settlement of stock issuable					1,041,200
Issuance of common stock for settlement of stock issuable		730,000
Issuance of common stock for services		$ 88	134,912		135,000
Issuance of common stock for services		875,000
Issuance of common stock for intellectual property acquisition					100,000
Stock based compensation			8,001		8,001
Issuance of common stock for cash		$ 1,000	$ 999,000		$ 1,000,000
Issuance of common stock for cash		10,000,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities
Net loss	$ (3,112,829)	$ (923,215)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation and amortization	27,927	9,798
Stock based compensation	1,162,865	0
Loss on sale of equipment	560	0
Changes in operating assets and liabilities
Accounts receivable	0	(50,000)
Increase (Decrease) in Accounts Payable	1,211	0
Increase (Decrease) in Due to Other Related Parties	57,258	83,085
Accounts payable	(172,412)	0
Net Cash Provided by (Used in) Operating Activities	(2,035,420)	(880,332)
Net Cash Provided by (Used in) Investing Activities
Purchase of intellectual property	(165,229)	(115,000)
Proceeds from sale of equipment	1,919	0
Purchases of equipment	(6,656)	0
Net Cash Provided by (Used in) Investing Activities	(169,966)	(115,000)
Net Cash Provided by (Used in) Financing Activities
Refund of stock payable	(30,000)	0
Proceeds from shareholders loans	850,000	0
Payments on shareholder loans	(200,000)	0
Proceeds from issuance of common stock	1,000,000	377,040
Net Cash Provided by (Used in) Financing Activities	1,620,000	377,040
Net decrease in cash and cash equivalents	(585,386)	(618,292)
Cash and cash equivalents at beginning of period	609,862	772,458
Cash and cash equivalents at end of period	24,476	154,166
Supplemental Cash Flow Disclosures
Cash paid for income taxes	0	0
Cash paid for interest	0	0
Schedule of Non-Cash Investing and Financing Activities
Common stock issued for intellectual property	100,000	0
Common stock issued for stock issuable settlement	1,041,200	0
Common stock issued for accrued compensation	$ 333,334	$ 0

NOTE 1. BUSINESS

NOTE 1. BUSINESS	9 Months Ended
	Sep. 30, 2022
Notes
NOTE 1. BUSINESS	NOTE 1. BUSINESS 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 discount on goods or services in exchange for exposure and substantially increased sales volume.

NOTE 2. SUMMARY OF SIGNIFICANT

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2022
Notes
NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”), including the instructions to Form 10-Q and Regulation S-X. Certain information and note disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”), have been condensed or omitted from these statements pursuant to such rules and regulations and, accordingly, they do not include all the information and notes necessary for comprehensive financial statements and should be read in conjunction with our audited financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2021. In the opinion of the management of the Company, all adjustments, which are of a normal recurring nature, necessary for a fair statement of the results for the six and nine-month periods have been made. Results for the interim periods presented are not necessarily indicative of the results that might be expected for the entire fiscal year. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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. Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary KwikClick LLC. Intercompany transactions and balances have been eliminated in consolidation. Cash and Cash Equivalents Cash equivalents include all highly liquid investments with an original maturity of three months or less when purchased. The Company did not have any cash equivalents as of September 30, 2022 or December 31, 2021. Loss Per Share Basic earnings (loss) per share is calculated using the weighted average number of common shares outstanding for the periods presented. Diluted earnings (loss) per share is computed using the weighted-average number of common shares and, if dilutive, potential common shares outstanding during the period. The Company had 400,000 potential common shares related to stock options during the three and nine months ended September 30, 2022 the dilutive effect is not reflected in diluted earnings per share because the Company incurred a net loss and the effect of including these potential common shares in the net loss per share calculations would be anti-dilutive. Revenue Recognition The Company provides its customers a platform to sell their products and services in which it earns a fee based on a percentage of the products sold. Additionally, the Company has licensed the use of the technology platform under a Software Licensing and Exclusivity Agreement (“SL Agreement”). The Company determines the measurement of revenue and the timing of revenue recognition utilizing the following core principles: · · · · · The Company has two main revenue sources: sales of products on the KWIK app and technology licensing. The Company recognizes revenue at the completion of its applicable performance obligations. For product sales, the customer pays at the time of purchase and the Company’s performance obligations are complete at the time of shipment. Shipping and handling costs, if any, are recognized as revenue and recorded at gross when incurred. Technology licensing revenue is recognized over time as the Company’s performance obligation is to provide the functionality over the contract period.

NOTE 3. GOING CONCERN

NOTE 3. GOING CONCERN	9 Months Ended
	Sep. 30, 2022
Notes
NOTE 3. GOING CONCERN	NOTE 3. GOING CONCERN As reflected in the accompanying unaudited consolidated financial statements, the Company has an accumulated deficit of $5,665,489 and working capital deficit of $1,195,522 as of September 30, 2022, and a net loss of $3,112,829 for the nine months then ended. 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. This raises substantial doubt about the Company's ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company's ability to raise additional capital and generate revenue. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

NOTE 4. STOCKHOLDERS' EQUITY

NOTE 4. STOCKHOLDERS' EQUITY	9 Months Ended
	Sep. 30, 2022
Notes
NOTE 4. STOCKHOLDERS' EQUITY	NOTE 4. STOCKHOLDERS' EQUITY On September 12, 2022, the Company amended its certificate of incorporation to increase the number of authorized shares of Common Stock to 400,000,000. The Company is authorized to issue 5,000,000 shares of preferred stock and 400,000,000 shares of common stock each with a par value of $0.0001. As of September 30, 2022 and December 31, 2021, the Company did not have any shares of preferred stock outstanding. As of September 30, 2022 and December 2021 the Company had 128,842,605 and 115,912,605 shares of common stock issued and outstanding, respectively. The following provides a description of the common stock issuances during the nine months ended September 30, 2022. In September 2022, the Company issued 75,000 shares of common stock valued at $75,000 to a former Board member for services rendered. In July and August 2022, the Company issued 10,000,000 shares of common stock for cash proceeds totaling $1,000,000. During the three months ended September 30, 2022 the Company issued 800,000 shares of common stock valued at $80,000 to a consultant for services rendered. The Company recognized $20,000 of the services rendered during the three months ended June 30, 2022. In May 2022, the Company issued 75,000 shares of common stock valued at $225,000 to each of its three Board members (225,000 total shares) for services rendered. In May 2022, the Company issued 100,000 shares of common stock valued at $100,000 to Matt Williams, its President and Principal Executive Officer for the acquisition of the kwik.com domain name. In May 2022, the Company issued 1,000,000 shares of common stock valued at $1,000,000 for compensation to Mr. Williams. Of this amount, $333,334 was for accrued compensation at December 31, 2021, while the remaining $666,667 was for services rendered during the six months ended June 30, 2022. In April 2022, the Company issued 730,000 shares of common stock for cash proceeds totaling $1,041,200 that were received as of December 31, 2021. At September 30, 2022, the Company had $4,010 of cash proceeds for which the stock has not been issued and is presented as a stock issuable liability in the accompanying condensed consolidated balance sheets. Common Stock Compensation At the discretion of the compensation committee, the Company has granted common stock awards for various employees. The awards issued to date are earned and recognized over the requisite service period. The fair value of the award is estimated on the grant date. A summary of the stock-based compensation associated with common stock awards is as follows: Common Stock Weighted Outstanding at January 1, 2022 - $ - Granted 5,797,550 0.22 Forfeited or cancelled - – Vested (1,581,549 ) 0.54 Outstanding at September 30, 2022 4,216,001 0.10 During the nine months ended September 30, 2022, the Company granted 5,000,000 shares of common stock with an estimated grant date fair value of $500,000 for consulting services for a period of twenty-five months. The shares vest monthly on a straight-line basis. As of September 30, 2022, unrecognized compensation associated with the unvested portion of the award totaled $420,000 which the Company expects to recognize over the next twenty one months. For the three and nine months ended September 30, 2022, the Company recognized total stock-based compensation of $143,001 and $1,162,865, respectively. The Company did not incur any stock-based compensation during the three and nine months ended September 30, 2021. As of September 30, 2022, the Company has committed 4,330,884 shares of stock for the fulfillment of the unissued vested (130,883 shares) and unvested (4,216,001) awards. Stock Options As of September 30, 2022, the Company had 400,000 fully vested stock options outstanding with a weighted average exercise price of $1.00 per share. The 400,000 previously outstanding fully vested stock options expired unexercised on October 17, 2022. The Company did not issue any stock options during the three and nine months ended September 30, 2022 or 2021.

NOTE 5. RELATED PARTY TRANSACTI

NOTE 5. RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2022
Notes
NOTE 5. RELATED PARTY TRANSACTIONS	NOTE 5. RELATED PARTY TRANSACTIONS Shareholder Loans Payable During the nine months ended September 30, 2022, Fred Cooper, our majority shareholder, loaned the Company $850,000 to fund operations. The loans are non-interest-bearing and are due on demand. As of September 30, 2022 and December 31, 2021, $650,000 and $34,489, respectively, was owed on the loans. During the nine months ended September 30, 2022, the Company repaid $200,000 on the loan. Mr. Cooper has not made any other payment demand. Licensing Agreement The Company entered into a software licensing agreement with NewAge, an entity controlled by Mr. Fred Cooper, our Former Chairman, Chief Executive Officer ("CEO"), and founding shareholder whereby the Company licensed the use of its technology platform for an initial period of one year at a rate of $50,000 per month that expired on September 2, 2022. During the three months ended September 30, 2022, the Company determined NewAge did not have the ability or intention to pay the monthly licensing fee when it became due resulting in no revenue recognition under the SL agreement for the three months ended September 30, 2022. See Footnote 6 – Commitments and Contingencies. The Company recognized licensing revenue totaling $300,000 for the nine months ended September 30, 2022. The Company recognized licensing revenue of $50,000 for the three and nine months ended September 30, 2021.

NOTE 6 COMMITMENTS AND CONTINGE

NOTE 6 COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2022
Notes
NOTE 6 COMMITMENTS AND CONTINGENCIES	NOTE 6 COMMITMENTS AND CONTINGENCIES On October 7 2022, NewAge, the licensee of the related party SL Agreement, filed an adversary proceeding against the Company as part of their Chapter 11 bankruptcy filing (Delaware Case #22-10819). NewAge contends they are the rightful owner of the intellectual property used in our operations and the underlying technology of the SL Agreement. NewAge's adversary proceeding contends that the Company's intellectual property was developed by Ariix, LLC which Mr. Fred Cooper was a founder, major shareholder, and CEO. In November 2020, Ariix, LLC was acquired by NewAge and Mr. Cooper became a Director of NewAge. NewAge alleges it purchased the intellectual property in the acquisition of Ariix, LLC. The Company believes that the code base and functionality of its software platform differs materially from any intellectual property owned by NewAge. The Company has expended significant resources in developing its software platform independent of NewAge and 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 $852,000 at September 30, 2022 and may be forced to discontinue its on-going fee-based sales platform. The adversary Complaint filed by NewAge claims money damages in an amount to be determined at trial, but does not state any specific dollar amount of alleged damages. 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 statements of financial position, results of operations, or cash flows as of and for the nine months ended September 30, 2022.

NOTE 7. SUBSEQUENT EVENTS

NOTE 7. SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2022
Notes
NOTE 7. SUBSEQUENT EVENTS	NOTE 7. SUBSEQUENT EVENTS The Company evaluated events occurring subsequent to September 30, 2022 through the date the financial statements were issued, and noted the following item: During October and November 2022, the Company’s majority shareholder and Former CEO advanced the Company $300,000 to fund its on-going working capital needs. The advances are non-interest bearing and are due on demand.

NOTE 2. SUMMARY OF SIGNIFICAN_2

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2022
Policies
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”), including the instructions to Form 10-Q and Regulation S-X. Certain information and note disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”), have been condensed or omitted from these statements pursuant to such rules and regulations and, accordingly, they do not include all the information and notes necessary for comprehensive financial statements and should be read in conjunction with our audited financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2021. In the opinion of the management of the Company, all adjustments, which are of a normal recurring nature, necessary for a fair statement of the results for the six and nine-month periods have been made. Results for the interim periods presented are not necessarily indicative of the results that might be expected for the entire fiscal year.

NOTE 2. SUMMARY OF SIGNIFICAN_3

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Use of Estimates (Policies)	9 Months Ended
	Sep. 30, 2022
Policies
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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.

NOTE 2. SUMMARY OF SIGNIFICAN_4

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Principles of Consolidation (Policies)	9 Months Ended
	Sep. 30, 2022
Policies
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary KwikClick LLC. Intercompany transactions and balances have been eliminated in consolidation.

NOTE 2. SUMMARY OF SIGNIFICAN_5

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Cash and Cash Equivalents (Policies)	9 Months Ended
	Sep. 30, 2022
Policies
Cash and Cash Equivalents	Cash and Cash Equivalents Cash equivalents include all highly liquid investments with an original maturity of three months or less when purchased. The Company did not have any cash equivalents as of September 30, 2022 or December 31, 2021.

NOTE 2. SUMMARY OF SIGNIFICAN_6

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Loss Per Share (Policies)	9 Months Ended
	Sep. 30, 2022
Policies
Loss Per Share	Loss Per Share Basic earnings (loss) per share is calculated using the weighted average number of common shares outstanding for the periods presented. Diluted earnings (loss) per share is computed using the weighted-average number of common shares and, if dilutive, potential common shares outstanding during the period. The Company had 400,000 potential common shares related to stock options during the three and nine months ended September 30, 2022 the dilutive effect is not reflected in diluted earnings per share because the Company incurred a net loss and the effect of including these potential common shares in the net loss per share calculations would be anti-dilutive.

NOTE 2. SUMMARY OF SIGNIFICAN_7

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Revenue Recognition (Policies)	9 Months Ended
	Sep. 30, 2022
Policies
Revenue Recognition	Revenue Recognition The Company provides its customers a platform to sell their products and services in which it earns a fee based on a percentage of the products sold. Additionally, the Company has licensed the use of the technology platform under a Software Licensing and Exclusivity Agreement (“SL Agreement”). The Company determines the measurement of revenue and the timing of revenue recognition utilizing the following core principles: · · · · · The Company has two main revenue sources: sales of products on the KWIK app and technology licensing. The Company recognizes revenue at the completion of its applicable performance obligations. For product sales, the customer pays at the time of purchase and the Company’s performance obligations are complete at the time of shipment. Shipping and handling costs, if any, are recognized as revenue and recorded at gross when incurred. Technology licensing revenue is recognized over time as the Company’s performance obligation is to provide the functionality over the contract period.

NOTE 4. STOCKHOLDERS' EQUITY_ S

NOTE 4. STOCKHOLDERS' EQUITY: Schedule of Stock Option Activity (Tables)	9 Months Ended
	Sep. 30, 2022
Tables/Schedules
Schedule of Stock Option Activity	Common Stock Weighted Outstanding at January 1, 2022 - $ - Granted 5,797,550 0.22 Forfeited or cancelled - – Vested (1,581,549 ) 0.54 Outstanding at September 30, 2022 4,216,001 0.10

NOTE 2. SUMMARY OF SIGNIFICAN_8

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Loss Per Share (Details)	9 Months Ended
	Sep. 30, 2022 shares
Details
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	400,000

NOTE 3. GOING CONCERN (Details)

NOTE 3. GOING CONCERN (Details) - USD ($)	3 Months Ended						9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Details
Accumulated deficit	$ 5,665,489						$ 5,665,489		$ 2,552,660
Working Capital Deficit	1,195,522						1,195,522
Net loss	$ 839,979	$ 1,349,998	$ 922,852	$ 345,561	$ 332,050	$ 245,604	$ 3,112,829	$ 923,215

NOTE 4. STOCKHOLDERS' EQUITY (D

NOTE 4. STOCKHOLDERS' EQUITY (Details) - USD ($)	3 Months Ended				9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2021	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Preferred Stock, Shares Authorized	5,000,000				5,000,000		5,000,000
Common Stock, Shares Authorized	400,000,000				400,000,000		400,000,000
Preferred Stock, Par or Stated Value Per Share	$ 0.0001				$ 0.0001		$ 0.0001
Common Stock, Par or Stated Value Per Share	$ 0.0001				$ 0.0001		$ 0.0001
Common Stock, Shares, Issued	128,842,605				128,842,605		115,912,605
Common Stock, Shares, Outstanding	128,842,605				128,842,605		115,912,605
Issuance of common stock for services	$ 135,000	$ 225,000			$ 225,000
Issuance of common stock for cash	1,000,000		$ 81,030	$ 296,010
Issuance of common stock for intellectual property acquisition	100,000	100,000
Common stock shares issued for compensation					1,000,000
Common stock shares issued for compensation					$ 1,000,000
Common stock issued for accrued compensation					333,334	$ 0
Remaining Compensation					666,667
Issuance of common stock for settlement of stock issuable	1,041,200	$ 1,041,200
Stock issuable	4,010				$ 4,010		$ 1,086,042
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross					5,000,000
Shares Granted, Value, Share-Based Payment Arrangement, after Forfeiture					$ 500,000
Unrecognized Compensation Associated with the Unvested Portion of the Award	420,000				420,000
Stock based compensation	$ 143,001				$ 1,162,865	$ 0
Committed shares for the fulfillment of vested awards	130,883				130,883
Committed shares for the fulfillment of unvested awards	4,216,001				4,216,001
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	400,000				400,000
Stock Issuance 1
Issuance of common stock for services	$ 75,000
Stock Issuance 2
Issuance of common stock for services	$ 80,000
Common Stock
Issuance of common stock for services	875,000	225,000			225,000
Issuance of common stock for services	$ 88	$ 23
Issuance of common stock for cash	10,000,000		81,663	6,207,500
Issuance of common stock for cash	$ 1,000		$ 8	$ 621
Issuance of common stock for intellectual property acquisition		100,000			100,000
Issuance of common stock for intellectual property acquisition		$ 10
Issuance of common stock for settlement of stock issuable	730,000	730,000
Issuance of common stock for settlement of stock issuable		$ 73
Common Stock | Stock Issuance 1
Issuance of common stock for services					75,000
Common Stock | Stock Issuance 2
Issuance of common stock for services					800,000

NOTE 4. STOCKHOLDERS' EQUITY__2

NOTE 4. STOCKHOLDERS' EQUITY: Schedule of Stock Option Activity (Details) - USD ($)	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Details
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	4,216,001	0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$ 0.10	$ 0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Net of Forfeitures	5,797,550
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	$ 0.22
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures in Period	0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested in Period, Fair Value	$ (1,581,549)
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested, Weighted Average Grant Date Fair Value	$ 0.54

NOTE 5. RELATED PARTY TRANSAC_2

NOTE 5. RELATED PARTY TRANSACTIONS (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Details
Proceeds from shareholders loans			$ 850,000	$ 0
Increase (Decrease) in Due to Related Parties			650,000	34,489
Licensing - related party	$ 0	$ 50,000	300,000	$ 50,000
Accounts Receivable, after Allowance for Credit Loss	$ 50,000		$ 50,000