Thu, May 15, 6:50 PM (32 days ago)
**KwikClick, Inc. (KWIK) Q1 2025 Financial Summary** **Revenue & Profitability:** - Q1 2025 revenue: $206,870K, up from $30,891K in Q1 2024, driven by custom design services. - Gross profit margin: Approximately 67% (calculated as (206,870 - 69,023) / 206,870). - Net loss: $92,768K, improved from a $736,376K loss in Q1 2024. - Operating expenses decreased by $432,821K, mainly due to reduced stock-based compensation. **Cash Flow:** - Net cash used in operating activities: $153,238K, an improvement from $418,250K in Q1 2024. - Cash and cash equivalents at the end of Q1 2025: $39,758K, down from $192,996K at the end of 2024. **Liquidity & Capital Resources:** - Working capital deficit: $3,638,896K. - Significant liabilities due to related party loans, with informal deferment agreed upon. - Requires additional capital to continue operations and expand business. **Future Outlook & Uncertainties:** - Plans to continue expanding custom design services and brand services. - Faces uncertainties due to legal proceedings and the need for additional financing. - Internal controls and procedures deemed ineffective, with plans to improve. **Key Metrics:** - Current ratio: Approximately 0.02 (calculated as 66,322 / 3,705,218). - Quick ratio: Approximately 0.02 (calculated as (39,758 + 26,564) / 3,705,218). - Days sales outstanding: Approximately 13.5 days (calculated as (26,564 / 206,870) * 365). **Trends & Future Operations Impact:** - Positive trend in revenue growth and operating expense reduction. - Negative trend in cash flow and working capital deficit. - Future operations may be impacted by the need for additional financing and legal proceedings.