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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Organization </u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><font style="background-color: white">WikiSoft
Corp. (“we”, “our”, the "Company") was incorporated in the state of Nevada in May 1998 as Sensor Technologies
Inc.</font> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Nature of operations</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">The Company
is a wiki portal for businesses. Built on MediaWiki software, the new portal, called wikiprofile.com, is expected to eventually be the
largest in the wiki platform with over 328 million published articles and profiles on companies, top brands, and corporate influencers.
Users will be able to freely search the portal and all content will eventually be collected, updated and fact-checked in real-time. The
Company will generate revenue through paid advertisement placements imbedded in the webpages associated with wikiprofile.com.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"><u>Organization</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><font style="background-color: white">WikiSoft
Corp. (“we”, “our”, the "Company") was incorporated in the state of Nevada in May 1998 as Sensor
Technologies Inc.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">In March
2006 the Company changed its name to Bixby Energy Systems Inc.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">In September
2006 the Company changed its name to Power Play Development Corporation.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">In April
2007 the Company changed its name to National League of Poker, Inc.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">In October
2011 the Company changed its name to Power Play Development Corporation.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">In March
2018 the Company changed its name to Bluestar Technologies, Inc.(“BLUE”)</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">On March
31, 2019, the Company entered into a reverse merger agreement with Wikisoft Corp, a Delaware corporation. Pursuant to the Agreement,
the Company acquired WikiSoft DE and became Wikisoft Corp.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"><u>Nature of operations</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><font style="background-color: white">The Company is a wiki portal
for businesses. Built on MediaWiki software, the new portal, called wikiprofile.com, is expected to eventually be the largest in
the wiki platform with over 328 million published articles and profiles on companies, top brands, and corporate influencers. Users
will be able to freely search the portal and all content will eventually be collected, updated and fact-checked in real-time. The
Company will generate revenue through paid advertisement placements imbedded in the webpages associated with wikiprofile.com.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"><u>Basis of Presentation and Principles of consolidation</u></p>
<p style="font: 10pt/105% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify"><font style="background-color: white">The
accompanying consolidated financial statements represent the results of operations, financial position and cash flows of the Company prepared
on the accrual basis of accounting and conform to accounting principles generally accepted in the United States of America. The consolidated
financial statements include the accounts of the Company and its wholly owned subsidiaries. – On March 31, 2019, the Company, a
Nevada corporation, entered into an Agreement and Plan of Merger with WikiSoft DE, a Delaware corporation, and WikiSoft Acquisition, Inc.,
a Delaware corporation. WikiSoft Acquisition, Inc. merged with and into WikiSoft DE (the “Merger”) on April 30, 2019, with
the filing of Articles of Merger with the Delaware Secretary of State. All significant inter-company transactions and balances have been
eliminated.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Use of estimates</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">The preparation
of consolidated 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, disclosure of contingent assets
and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting
period. Actual results could differ from those estimates. Significant estimates include estimates used to review the Company’s,
impairments and estimations of long-lived assets, revenue recognition of Contract based revenue, allowances for uncollectible accounts,
and the valuations of non-cash capital stock issuances. The Company bases its estimates on historical experience and on various other
assumptions that are believed to be reasonable in the circumstances, the results of which form the basis for making judgments about the
carrying values of assets and liabilities that are not readily apparent from other sources.  Actual results may differ from
these estimates under different assumptions or conditions.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 4.5pt; text-align: justify; text-indent: -0.5pt"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Fair value of financial instruments</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The carrying value of cash, accounts payable and accrued
expenses, and debt approximate their fair values because of the short-term nature of these instruments. Management believes the Company
is not exposed to significant interest or credit risks arising from these financial instruments.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 4.5pt; text-align: justify; text-indent: -0.5pt"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Fair value is defined as the exchange price that would
be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or
liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value
maximize the use of observable inputs and minimize the use of unobservable inputs. The Company utilizes a fair value hierarchy based on
three levels of inputs, of which the first two are considered observable and the last unobservable.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 4.5pt; text-align: justify; text-indent: -0.5pt"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt"> </p>
<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 9px; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">•</font></td>
<td style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 48px; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Level 1 -</font></td>
<td>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Quoted prices in active markets for identical assets
or liabilities. These are typically obtained from real-time quotes for transactions in active exchange markets involving identical assets.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p></td></tr>
<tr style="vertical-align: top">
<td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">•</font></td>
<td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Level 2 -</font></td>
<td>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Quoted prices for similar assets and liabilities in
active markets; quoted prices included for identical or similar assets and liabilities that are not active; and model-derived valuations
in which all significant inputs and significant value drivers are observable in active markets. These are typically obtained from readily-available
pricing sources for comparable instruments.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p></td></tr>
<tr style="vertical-align: top">
<td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">•</font></td>
<td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Level 3 -</font></td>
<td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Unobservable inputs, where there is little or no market activity for the asset or liability. These inputs reflect the reporting entity’s own beliefs about the assumptions that market participants would use in pricing the asset or liability, based on the best information available in the circumstances.</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt"><u>Revenue Recognition</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt">The Company recognizes
revenue in accordance with ASC Topic 606. The accounting policy on revenue recognition is provided below.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Service Contracts</i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The company recognizes service contract revenue over
time, as performance obligations are satisfied, due to the continuous transfer of control to the customer. Service contracts are generally
accounted for as a single unit of account (a single performance obligation) and are not segmented between types of services. The company
recognizes revenue based primarily on contract cost incurred to date compared to total estimated contract cost (an input method). The
input method is the most faithful depiction of the company’s performance because it directly measures the value of the services
transferred to the customer. Changes to total estimated contract cost or losses, if any, are recognized in the period in which they are
determined as assessed at the contract level. Pre-contract costs are expensed as incurred unless they are expected to be recovered from
the client. Project mobilization costs are generally charged to project costs as incurred when they are an integrated part of the performance
obligation being transferred to the client. Customer payments on service contracts are typically due in advance, depending on the contract.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For service contracts in which the company has the
right to consideration from the customer in an amount that corresponds directly with the value to the customer of the company’s
performance completed to date, revenue is recognized when services are performed and contractually billable. Service contracts that include
multiple performance obligations are segmented between types of services. For contracts with multiple performance obligations, the company
allocates the transaction price to each performance obligation using an estimate of the stand-alone selling price of each distinct service
in the contract. Revenue recognized on service contracts that have not been billed to clients is classified as a current asset under contract
assets on the Consolidated Balance Sheet. Amounts billed to clients in excess of revenue recognized on service contracts to date are classified
as a current liability under contract liabilities. Customer payments on service contracts are typically due within 30 days of billing,
depending on the contract.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Cash and cash equivalents</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For purposes of the statements of cash flows, the
Company considers all highly liquid investments and short-term debt instruments with original maturities of six months or less to be cash
equivalents. There was $5,326 and $19,564 in cash and no cash equivalents as of September 30, 2021 and December 31, 2020, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">  </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt"><u>Stock-based compensation</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt">The Company follows
the guidelines in FASB Codification Topic ASC 718-10 “<i>Compensation-Stock Compensation,</i>” which requires companies to
measure the cost of employee services received in exchange for an award of an equity instrument based on the grant-date fair value of
the award. Stock-based compensation expense is recognized on a straight-line basis over the requisite service period. The Company accounts
for non-employee share-based awards in accordance with FASB ASC 505-50 under which the awards are valued at the earlier of a commitment
date or upon completion of the services, based on the fair value of the equity instruments, and are recognized as expense over the service
period.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Earnings (loss) per share</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company reports earnings (loss) per share in accordance
with Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) 260-10 “<i>Earnings
Per Share,</i>” which provides for calculation of “basic” and “diluted” earnings per share. Basic earnings
per share includes no dilution and is computed by dividing net income or loss available to common stockholders by the weighted average
common shares outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in
the earnings of an entity. The calculation of diluted net loss per share gives effect to common stock equivalents; however, potential
common shares are excluded if their effect is anti-dilutive.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Long-lived Assets</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In accordance with the Financial Accounting Standards
Board ("FASB") Accounts Standard Codification (ASC) ASC 360-10, "Property, Plant and Equipment," the carrying value
of intangible assets and other long-lived assets is reviewed on a regular basis for the existence of facts or circumstances that may suggest
impairment. The Company recognizes impairment when the sum of the expected undiscounted future cash flows is less than the carrying amount
of the asset. Impairment losses, if any, are measured as the excess of the carrying amount of the asset over its estimated fair value.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt; background-color: white"><u>Income
taxes</u> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt; background-color: white">The
Company accounts for its income taxes in accordance with FASB Codification Topic ASC 740-10, “<i>Income Taxes</i>”, which
requires recognition of deferred tax assets and liabilities for future tax consequences attributable to differences between the financial
statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carry-forwards. Deferred tax
assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary
differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized
in income in the period that includes the enactment date. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt"><u>Recently issued
accounting pronouncements</u> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has evaluated all other recent accounting
pronouncements and believes that none of them are expected to have a material effect on the Company's financial position, results of operations
or cash flows.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"><u>Basis of Presentation and Principles
of consolidation</u></p>
<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify"><font style="background-color: white">The
accompanying consolidated financial statements represent the results of operations, financial position and cash flows of the Company
prepared on the accrual basis of accounting and conform to accounting principles generally accepted in the United States of America.
The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. – On March 31,
2019, the Company, a Nevada corporation, entered into an Agreement and Plan of Merger with WikiSoft DE, a Delaware corporation,
and WikiSoft Acquisition, Inc., a Delaware corporation. WikiSoft Acquisition, Inc. merged with and into WikiSoft DE (the “Merger”)
on April 30, 2019, with the filing of Articles of Merger with the Delaware Secretary of State. All significant inter-company transactions
and balances have been eliminated.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Use of estimates</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">The preparation
of consolidated 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, disclosure of
contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and
expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include estimates
used to review the Company’s, impairments and estimations of long-lived assets, revenue recognition of Contract based revenue,
allowances for uncollectible accounts, and the valuations of non-cash capital stock issuances. The Company bases its estimates
on historical experience and on various other assumptions that are believed to be reasonable in the circumstances, the results
of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent
from other sources.  Actual results may differ from these estimates under different assumptions or conditions.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 4.5pt"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 4.5pt"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 4.5pt"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Fair value of financial instruments</u> – The
carrying value of cash, accounts payable and accrued expenses, and debt approximate their fair values because of the short-term
nature of these instruments. Management believes the Company is not exposed to significant interest or credit risks arising from
these financial instruments.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 4.5pt"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Fair value is defined as the exchange price that would
be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset
or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure
fair value maximize the use of observable inputs and minimize the use of unobservable inputs. The Company utilizes a fair value
hierarchy based on three levels of inputs, of which the first two are considered observable and the last unobservable.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 14px"><font style="font: 10pt Times New Roman, Times, Serif">●</font></td>
<td style="width: 55px"><font style="font: 10pt Times New Roman, Times, Serif">Level 1 -</font></td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Quoted prices in active markets for identical assets or liabilities. These are typically obtained from real-time quotes for transactions in active exchange markets involving identical assets.</font></td></tr>
<tr style="vertical-align: top">
<td><font style="font: 10pt Times New Roman, Times, Serif">●</font></td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Level 2 -</font></td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Quoted prices for similar assets and liabilities in active markets; quoted prices included for identical or similar assets and liabilities that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. These are typically obtained from readily-available pricing sources for comparable instruments.</font></td></tr>
<tr style="vertical-align: top">
<td><font style="font: 10pt Times New Roman, Times, Serif">●</font></td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Level 3 -</font></td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Unobservable inputs, where there is little or no market activity for the asset or liability. These inputs reflect the reporting entity’s own beliefs about the assumptions that market participants would use in pricing the asset or liability, based on the best information available in the circumstances.</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><u>Revenue Recognition</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company recognizes revenue in accordance with
generally accepted accounting principles as outlined in the Financial Accounting Standard Board’s (“FASB”) Accounting
Standards Codification (“ASC”) 606, Revenue From Contracts with Customers, which requires that five basic criteria
be met before revenue can be recognized: (i) identify the contract with the customer; (ii) identity the performance obligations
in the contract; (iii) determine the transaction price; (iv) allocate the transaction price; and (v) recognize revenue when or
as the entity satisfied a performance obligation.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Service Contracts</i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The company recognizes service contract revenue
over time, as performance obligations are satisfied, due to the continuous transfer of control to the customer. Service contracts
are generally accounted for as a single unit of account (a single performance obligation) and are not segmented between types of
services. The company recognizes revenue based primarily on contract cost incurred to date compared to total estimated contract
cost (an input method). The input method is the most faithful depiction of the company’s performance because it directly
measures the value of the services transferred to the customer. Changes to total estimated contract cost or losses, if any, are
recognized in the period in which they are determined as assessed at the contract level. Pre-contract costs are expensed as incurred
unless they are expected to be recovered from the client. Project mobilization costs are generally charged to project costs as
incurred when they are an integrated part of the performance obligation being transferred to the client. Customer payments on service
contracts are typically due in advance, depending on the contract.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For service contracts in which the company
has the right to consideration from the customer in an amount that corresponds directly with the value to the customer of the company’s
performance completed to date, revenue is recognized when services are performed and contractually billable. Service contracts
that include multiple performance obligations are segmented between types of services. For contracts with multiple performance
obligations, the company allocates the transaction price to each performance obligation using an estimate of the stand-alone selling
price of each distinct service in the contract. Revenue recognized on service contracts that have not been billed to clients is
classified as a current asset under contract assets on the Consolidated Balance Sheet. Amounts billed to clients in excess of revenue
recognized on service contracts to date are classified as a current liability under contract liabilities. Customer payments on
service contracts are typically due within 30 days of billing, depending on the contract.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Contract assets represent revenue recognized
in excess of amounts billed and include unbilled receivables (typically for cost reimbursable contracts) of $0 and contract work
in progress (typically for fixed-price contracts) of $0 as of December 31, 2020 and December 31, 2019. Unbilled receivables, which
represent an unconditional right to payment subject only to the passage of time, are reclassified to accounts receivable when they
are billed under the terms of the contract. Advances that are payments on account of contract assets of $0 and $0 as of December
31, 2020 and December 31, 2019, respectively, have been deducted from contract assets. Contract liabilities represent amounts billed
to clients in excess of revenue recognized to date. The Company recorded $0 and $0 in contract liabilities as of December 31, 2020
and December 31, 2019, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">  </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Practical Expedients</i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i> </i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If the company has a right to consideration
from a customer in an amount that corresponds directly with the value of the company’s performance completed to date (a service
contract in which the company bills a fixed amount for each hour of service provided), the company recognizes revenue in the amount
to which it has a right to invoice for services performed.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The company does not adjust the contract price
for the effects of a significant financing component if the company expects, at contract inception, that the period between when
the company transfers a service to a customer and when the customer pays for that service will be one year or less.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The company has made an accounting policy election
to exclude from the measurement of the transaction price all taxes assessed by governmental authorities that are collected by the
company from its customers (use taxes, value added taxes, some excise taxes).</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the years ended December 31, 2020 and 2019,
the Company reported revenues of $0 and $44,444, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Cash and cash equivalents</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For purposes of the statements of cash flows,
the Company considers all highly liquid investments and short-term debt instruments with original maturities of three months or
less to be cash equivalents. There was $24,242 and $131,605 in cash and no cash equivalents as of December 31, 2020 and December
31, 2019, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><u>Concentration Risk
</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">At times throughout
the year, the Company may maintain cash balances in certain bank accounts in excess of FDIC limits. As of December 31, 2020, the
cash balance was held in an account outside of the United States which is not FDIC insured. The balance not insured by the FDIC
was $22,412. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit
risk in these accounts. <font style="background-color: white">The Company also has concentration risk associated with its customer
base. </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Stock-based compensation</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company follows the guidelines in Financial
Accounting Standards Board’s (FASB) Codification Topic ASC 718-10 “<i>Compensation-Stock Compensation,</i>” which
requires companies to measure the cost of employee services received in exchange for an award of an equity instrument based on
the grant-date fair value of the award. Stock-based compensation expense is recognized on a straight-line basis over the requisite
service period. The Company accounts for non-employee share-based awards in accordance with FASB ASC 505-50 under which the awards
are valued at the earlier of a commitment date or upon completion of the services, based on the fair value of the equity instruments,
and are recognized as expense over the service period.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Earnings (loss) per share</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company reports earnings (loss) per share
in accordance with FASB Accounting Standards Codification (“ASC”) 260-10 “<i>Earnings Per Share,</i>” which
provides for calculation of “basic” and “diluted” earnings per share. Basic earnings per share includes
no dilution and is computed by dividing net income or loss available to common stockholders by the weighted average common shares
outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings
of an entity. The calculation of diluted net loss per share gives effect to common stock equivalents; however, potential common
shares are excluded if their effect is anti-dilutive.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Long-lived Assets</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In accordance with the FASB ASC 360-10, "Property,
Plant and Equipment," the carrying value of intangible assets and other long-lived assets is reviewed on a regular basis for
the existence of facts or circumstances that may suggest impairment. The Company recognizes impairment when the sum of the expected
undiscounted future cash flows is less than the carrying amount of the asset. Impairment losses, if any, are measured as the excess
of the carrying amount of the asset over its estimated fair value.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><u>Income taxes</u> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company accounts
for its income taxes in accordance with FASB Codification Topic ASC 740-10, “<i>Income Taxes</i>”, which requires recognition
of deferred tax assets and liabilities for future tax consequences attributable to differences between the financial statement
carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carry-forwards. Deferred tax
assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary
differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates
is recognized in income in the period that includes the enactment date. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Recently issued accounting pronouncements</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In February 2016, the FASB issued ASU 2016-02,
“Leases” (“ASC 842”). The guidance requires lessees to recognize almost all leases on their balance sheet
as a right-of-use asset and a lease liability. For income statement purposes, the FASB retained a dual model, requiring leases
to be classified as either operating or finance. Lessor accounting is similar to the current model, but updated to align with certain
changes to the lessee model and the new revenue recognition standard. Existing sale-leaseback guidance, including guidance for
real estate, is replaced with a new model applicable to both lessees and lessors. ASC 842 is effective for fiscal years beginning
after December 15, 2018. The Company has adopted of ASC 842, but the adoption of the standard has not impacted our financial position
or results of operations.</p>
<p style="font: 10pt/105% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify">The accompanying consolidated financial
statements have been prepared in accordance with accounting principles generally accepted in the United States of America on a going concern
basis, which contemplates the realization of assets and the satisfaction of liabilities and commitments in the normal course of business.</p>
<p style="font: 10pt/105% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify"><font style="background-color: white">Management
evaluated all relevant conditions and events that are reasonably known or reasonably knowable, in the aggregate, as of the date the consolidated
financial statements are issued and determined that substantial doubt exists about the Company’s ability to continue as a going
concern. The Company’s ability to continue as a going concern is dependent on the Company’s ability to generate revenues and
raise capital. The Company has not generated sufficient revenues from product sales to provide sufficient cash flows to enable the Company
to finance its operations internally. As of September 30, 2021, the Company had $5,326 cash on hand. At September 30, 2021 the Company
has an accumulated deficit of $12,615,747. For the nine months ended September 30, 2021, the Company had a net loss of $5,032,209, and
net cash used in operations of $329,239. These factors raise substantial doubt about the Company’s ability to continue as a going
concern within one year from the date of filing.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Over the next twelve months management plans to use
borrowings and security sales to mitigate the effects of cash flow deficits; however, no assurance can be given that debt or equity financing,
if and when required, will be available. The financial statements do not include any adjustments relating to the recoverability and classification
of recorded assets and classification of liabilities that might be necessary should the Company be unable to continue existence.</p>
<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt">The accompanying consolidated financial statements have
been prepared in accordance with accounting principles generally accepted in the United States of America on a going concern basis,
which contemplates the realization of assets and the satisfaction of liabilities and commitments in the normal course of business.</p>
<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify">Management evaluated all relevant
conditions and events that are reasonably known or reasonably knowable, in the aggregate, as of the date the consolidated financial
statements are issued and determined that substantial doubt exists about the Company’s ability to continue as a going concern.
The Company’s ability to continue as a going concern is dependent on the Company’s ability to generate revenues and
raise capital. The Company has not generated sufficient revenues from product sales to provide sufficient cash flows to enable
the Company to finance its operations internally. As of December 31, 2020, the Company had $24,242 cash on hand. At December 31,
2020 the Company has an accumulated deficit of $7,578,860. For the twelve months ended December 31, 2020, the Company had a net
loss of $1,949,619, and net cash used in operations of $168,463. These factors raise substantial doubt about the Company’s
ability to continue as a going concern within one year from the date of filing.</p>
<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify">Over the next twelve months management
plans to use borrowings and security sales to mitigate the effects of cash flow deficits; however, no assurance can be given that
debt or equity financing, if and when required, will be available. The financial statements do not include any adjustments relating
to the recoverability and classification of recorded assets and classification of liabilities that might be necessary should the
Company be unable to continue existence.</p>
<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify">On March 31, 2019, the Company entered into an Agreement and Plan
of Merger (the “Merger Agreement”) with WikiSoft Acquisition, Inc., a Delaware corporation (“Merger Sub”)
and WikiSoft Corp., a privately held Delaware corporation (“WikiSoft DE”). In connection with the closing of this merger
transaction, Merger Sub merged with and into WikiSoft DE (the “Merger”) on April 30, 2019, with the filing of Articles
of Merger with the Delaware Secretary of State. However, the Company engaged in a change of control prior to March 31, 2019 for
accounting purposes.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in">In addition, pursuant to the terms and conditions
of the Merger Agreement:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font: 10pt Wingdings">§</font></td><td style="text-align: justify"><font style="font-size: 10pt">Each share of WikiSoft DE’s outstanding membership interest
was converted into the right to receive one (1) share of the Company’s common stock, par value $0.001 per share (the “Common
Stock”), all of which shares of Common Stock were issued in exchange for the total outstanding shares of common stock in
WikiSoft DE for a total of 100,000,000 shares of Common Stock.</font></td></tr></table>
<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font: 10pt Wingdings">§</font></td><td style="text-align: justify"><font style="font-size: 10pt">WikiSoft DE provided customary representations and warranties and
closing conditions, including approval of the Merger by a majority of its voting shareholders.</font></td></tr></table>
<table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><font style="font: 10pt Wingdings">§</font></td><td style="text-align: justify"><font style="font-size: 10pt">Shareholders in the Company holding 60 shares of Series A Preferred
Stock converted their preferred stock into 4,000,000 shares of common stock. </font></td></tr></table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">After giving effect to the issuance 100,000,000
shares of the Company’s common stock to the former shareholders of WikiSoft DE, combined with 4,306,097 shares of common
stock of the pre-merger Company, the combined Company had 104,365,219 shares of common stock issued and outstanding, resulting
in the shareholders of the pre-merger Company collectively owning approximately 4.13%, and the former WikiSoft DE shareholders
owning approximately 95.87%, of the outstanding common stock of the Company. WikiSoft DE was determined to be the accounting acquirer
since its former members has majority control of the common stock, the majority members of the board of directors, and comprise
the executive officers of the Company after the merger was to be consummated. Thus, for accounting purposes the merger has been
accounted for as a reverse acquisition with WikiSoft DE as the accounting acquirer (legal acquiree) and the Company as the accounting
acquiree (legal acquirer and the registrant).</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.15in"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company determined the fair value of consideration
effectively transferred in connection with the reverse merger in accordance with ASC 805, whereas as the accounting acquirer, WikiSoft
DE, is required to calculate a hypothetical amount of consideration it would have transferred to the accounting acquiree (the Company)
to obtain the same percentage ownership interest in the combined entity that results from the transaction. Under reverse acquisition
accounting, as the accounting acquirer, WikiSoft DE is deemed (for accounting purposes only) to have issued 4,365,219 shares with
an aggregate value at the merger date of $2,837,392 based on estimated fair value of $0.65 per share.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.2in"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company determined the fair value of its
common stock in accordance with the guidance in ASC 820 - Fair Value Measurement. ASC 820 states fair value is based on market
prices or market inputs, not based on entity-specific measurements. In conducting its analysis of the fair value of the Company’s
common stock, the Company noted that PUBCO stock is traded on the OTC market, but is not widely traded, thus the Company determined
that the OTC market is not a reliable measure of the fair value of the Company’s common stock. Instead the Company determined
fair value of its common stock based on recent substantial sales and determined the fair value of its common stock to be $0.65
per share.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.15in"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The total purchase price allocation was allocated
to identifiable tangible assets deemed acquired, and liabilities assumed, of the Company in the merger, based on their estimated
fair values. The estimated fair values were determined from information that was available at the merger date. The Company believes
that the information available provided a reasonable basis for estimating the fair values. The Company was unable to identify any
assets or liabilities assumed as of the reverse merger date as a result a loss of $2,837,392 was recorded as a result of the transaction.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Related party advances</u></i></p>
<p style="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
of <font style="background-color: white">September 30, 2021 </font>and December 31, 2020, the Company had amounts due to Fastbase Inc,
a company controlled by a prior board member of the Company, of $29,626 and $29,626, respectively. During the nine month ended <font style="background-color: white">September
30, 2021 </font>and 2020, the Company received additional advances in the amounts of $1,909 and $0, respectively, and the Company made
payments on the advances in the amounts of $1,909 and $0, respectively.</font><font style="font-size: 8pt"> </font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Loans payable - related party </u></i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 1, 2020 the company entered into a loan agreement
with Fastbase Inc, a company controlled by a prior board member of the Company, in the amount of $30,215. The amount bears no interest
and is due upon request.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On September 1, 2020 the company entered into a loan
agreement with Fastbase Inc, a company controlled by a prior board member of the Company, in the amount of $15,000. The note bears an
interest rate of 4.25% and is due on September 1, 2022.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On October 24, 2020 the company entered into a loan
agreement with Fastbase Inc, a company controlled by a prior board member of the Company, in the amount of $7,875. The note bears an interest
rate of 4.25% and is due on January 1, 2023.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On December 3, 2020 the company entered into a loan
agreement with Fastbase Inc, a company controlled by a prior board member of the Company, in the amount of $10,000. The note bears an
interest rate of 4.25% and is due on January 1, 2023.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
of September 30, 2021 and December 31, 2020, the Company had loans due to related parties of $63,090 and 63,090, respectively. Interest
expense related to related party loans was $3,305 and $0 for the nine months ending September 30, 2021 and 2020, respectively, of which
$2,260 was imputed interest and recorded against additional paid in capital for the period ended September 30, 2021</font><font style="font-size: 8pt"> </font><font style="font: 10pt Times New Roman, Times, Serif">.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">  </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Line of credit – related party </u></i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On December 30, 2020 the company entered into a $1,000,000
revolving note agreement with it majority shareholder. The note carries and 0.01% interest rate and is due on the later of the date the
Company has the funds to repay the note or 24 months. During the nine months ended <font style="background-color: white">September 30,
2021</font>, the Company borrowed $295,000 under the revolving note. As of <font style="background-color: white">September 30, 2021 </font>and
December 31, 2020, the note had a balance of $295,000 and $0, respectively. Interest expense related to the line of credit was $21 and
$0 for the nine months ending September 30, 2021 and 2020, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Related party advances</u></i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of December 31, 2020 and 2019, the Company
had amounts due to Fastbase Inc, a company commonly controlled by a board member of the Company, of $29,626 and $35,869, respectively.
During the years ended December 31, 2020 and 2019, the Company received additional advances in the amounts of $1,909 and $15,979,
respectively, and the Company made payments on the advances in the amounts of $8,152 and $17,300, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Related party loans</i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i> </i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 1, 2020 the company entered into a
loan agreement with Fastbase Inc, a company commonly controlled by a board member of the Company, in the amount of $30,215. The
amount bears no interest and is due upon request.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On September 1, 2020 the company entered into
a loan agreement with Fastbase Inc, a company commonly controlled by a board member of the company, in the amount of $15,000. The
note bears an interest rate of 4.25% and is due on September 1, 2022.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On October 24, 2020 the company entered into
a loan agreement with Fastbase Inc, a company commonly controlled by a board member of the company, in the amount of $7,875. The
note bears an interest rate of 4.25% and is due on January 1, 2023.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On December 3, 2020 the company entered into
a loan agreement with Fastbase Inc, a company commonly controlled by a board member of the company, in the amount of $10,000. The
note bears an interest rate of 4.25% and is due on January 1, 2023.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Interest expense related to related party loans
was $2,069 and $0 as of December 31, 2020 and 2019, respectively, of which $1,763 was imputed interest and recorded against additional
paid in capital for the year ended December 31, 2020.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><u>Revenues related party</u></i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 1, 2018 Wikisoft entered into a service
contract with Fastbase Inc., a company commonly controlled by a board member of the company, to provide 5 million ad impressions
and 18 months of advertisements with tracking code placement on all Wikisoft portals for $100,000. During this period the company
must not display any type of advertisements for other web analytics tools in competition with Fastbase Inc. The Company recognized
the revenue evenly over the life of the Contract.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the years ended December 31, 2020 and
2019, the Company recognized $0 and $44,444 in revenue related to the contract.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the years ended December 31, 2020 and 2019,
the cumulative net operating loss carry-forward from continuing operations is approximately $7,578,860 and $5,629,241, respectively,
and will expire beginning in the year 2031.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The cumulative tax effect at the expected rate
of 21% of significant items comprising our net deferred tax amount is as follows as of December 31, 2020 and 2019:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"> </p>
<table cellpadding="0" cellspacing="0" align="center" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 55%">
<tr style="vertical-align: bottom">
<td style="text-align: center; font-size: 12pt"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="3" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">2020</td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">2019</td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: left">Deferred tax asset attributable to:</td><td style="font-size: 12pt"> </td>
<td style="font-size: 12pt; text-align: left"> </td><td style="font-size: 12pt; text-align: right"> </td><td style="font-size: 12pt; text-align: left"> </td><td style="font-size: 12pt"> </td>
<td style="font-size: 12pt; text-align: left"> </td><td style="font-size: 12pt; text-align: right"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="width: 69%; text-align: left">  Net operating loss carryover</td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">1,591,561</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">1,182,141</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">  Valuation allowance</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,591,561</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,182,141)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 2.5pt">    Net deferred tax asset</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—  </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—  </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Due to the change in ownership provisions of
the Tax Reform Act of 1986, net operating loss carry forwards of approximately $7,578,860 for Federal income tax reporting purposes
are subject to annual limitations. Should a change in ownership occur, net operating loss carry forwards may be limited as to use
in future years.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Due to the enactment of the Tax Reform Act
of 2017, the corporate tax rate for those tax years beginning with 2018 has been reduced to 21%.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company’s authorized capital stock consists
of 200,000,000 shares of common stock and 1,000,000 shares of preferred stock, par value $0.001 per share. As of <font style="background-color: white">September
30, 2021 </font>and December 31, 2020, there were 92,837,376 and 104,964,265 shares of common stock issued and outstanding, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of <font style="background-color: white">September
30, 2021 </font>and December 31, 2020, there were 0 and 0 shares of preferred stock of the Company issued and outstanding, respectively. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Common Stock issuances during the nine months ending
September 30, 2021 </u></p>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 0; text-align: justify">On February 18, 2021, the Company entered
into a Stock Redemption Agreement (the “Redemption Agreement”) with Saqoia, Inc. (“SI”), an entity which is owned
and controlled by Rasmus Refer. Pursuant to the Redemption Agreement, the Company agreed to purchase, and SI agreed to sell, 14,000,000
shares (the “Shares”) of the Company’s common stock held by SI to the Company in exchange for $1.00, with the shares
then being returned to the Company’s authorized, but unissued shares of common stock.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 0; text-align: justify">On May 10, 2021 the Company entered into a
Common Stock Purchase agreement to sell up to $20,000,000 of the Company’s common stock. Per the agreement the Company may deliver
purchase notices to the investor, requiring the purchase of a number of shares. The purchase price is 85% of the lowest daily VWAP of
the Common Stock during the 5 business days after shares have been received by the investor. Upon the Investor purchasing $5,000,000 increases
to 90% of the lowest daily VWAP of the Common Stock during the 5 business days after shares have been received by the investor. The commitment
period of the purchase agreement ends on either the earlier of purchase by the investor of $20,000,000 worth of purchase notice shares
or December 31, 2022.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 8, 2021 the Company issued 25,000 shares of
the Company’s $0.001 par value common stock for services. The shares were valued on the date of issuance at $1.98 per share or $49,500.</p>
<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 8, 2021 the Company entered into a Common
Stock Purchase agreement to sell 500,000 shares of its common stock for cash proceeds of $750,000 or $1.50 per share, pending a Registration
Statement being declared effective. On August 17, 2021 the agreement was amended to change the purchase amount to $1,000,000 and the purchase
price to 85% of the lowest daily VWAP of the Common Stock during the 5 business days after shares have been received by the investors
custodian.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On August 6, 2021 the Company issued 50,000 shares
of the Company’s $0.001 par value common stock for services. The shares were valued on the date of issuance at $2.46 per share or
$123,000.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On August 19, 2021 the Company issued 25,000 shares
of the Company’s $0.001 par value common stock for services. The shares were valued on the date of issuance at $0.90 per share or
$22,500.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif"><br />
On September 10, 2021, the Company issued 1,500,000 shares of the Company’s $0.001 par value common stock for services . The shares
were valued on the date of issuance at $2.75 per share or $4,125,000.</font> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On September 14, 2021 the Company issued 111,111 shares
of the Company’s $0.001 par value common stock for services. The shares were valued on the date of issuance at $1.70 per share or
$188,889.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the nine months ended September 30, 2021, the
Company entered into an employment agreement in which it granted 100,000 shares of common stock. The shares were valued on the date of
issuance at $2.75 per share valued at $137,500. and vest and are issuable on September 30, 2022. As of September 30, 2021, the shares
have not been issued and have been included in Stock payable. .</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Overview</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company’s authorized capital stock
consists of 200,000,000 shares of common stock and 1,000,000 shares of preferred stock, par value $0.001 per share. As of December
31, 2020 and December 31, 2019, there were 104,964,265 and 104,425,830 shares of common stock issued and outstanding, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of December 31, 2020 and December 31, 2019,
there were 0 and 0 shares of preferred stock of the Company issued and outstanding, respectively. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Common Stock issuances during the year ended
December 31, 2019</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the period commencing January 1, 2019
through March 31, 2019, the Company issued 8,478 shares of common stock for $5,197 cash.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 31, 2019, concurrent with the close
of the reverse merger the Company issued 4,000,000 shares of the Company’s $0.001 par value common stock in relation to conversion
of 60 shares of preferred stock held by pre-merger Wikisoft Corp shareholders. (See note 4 for additional details.)</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 31, 2019, concurrent with the close
of the reverse merger the Company issued 365,219 shares of the Company’s $0.001 par value common stock valued at $237,392.
(See note 4 for additional details.)</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the period commencing April 1, 2019
through June 30, 2019, the Company issued 68,732 shares of common stock for $63,472 cash.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the period commencing July 1, 2019 through
September 30, 2019, the Company issued 4,875 shares of common stock for $10,126 cash.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the period commencing November 1, 2019
through December 31, 2019, the Company issued 5,500 shares of common stock for $9,075 cash.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On December 31, 2019 the company issued 50,000
shares of common stock for a share dividend valued at $26,474, which had previously been recorded as stock payable.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Common Stock issuances during the year ending
December 31, 2020</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 3, 2020, the Company issued 500
shares of common stock for $868 cash.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On May 28, 2020, the Company issued 1,500 shares
of common stock for $1,950 cash.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On May 28, 2020, the Company issued 1,000 shares
of common stock for $1,436 cash.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On April 16, 2020, the Company issued 1,500
shares of the Company’s $0.001 par value common stock to Milestone Management for Consulting services. The shares were valued
on the date of issuance at $2.00 per share or $3,000.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On May 16, 2020, the Company issued 4,000 shares
of the Company’s $0.001 par value common stock to Milestone Management for Consulting services. The shares were valued on
the date of issuance at $1.25 per share or $5,000.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 1, 2020, the Company issued 500,000
shares of the Company’s $0.001 par value common stock to Carsten K. Falk, the Company’s Chief Commercial Officer and
deputy as a signing bonus. The shares were valued on the date of issuance at $3.00 per share or $1,500,000.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On June 16, 2020, the Company issued 4,000
shares of the Company’s $0.001 par value common stock to Milestone Management for Consulting services. The shares were valued
on the date of issuance at $2 per share or $8,000.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On August 1, 2020, the Company issued 12,500
shares of the Company’s $0.001 par value common stock for Consulting services. The shares were valued on the date of issuance
at $4.50 per share or $56,250.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On August 1, 2020, the Company issued 62,500
shares of the Company’s $0.001 par value common stock to Milestone Management for Consulting services. The shares were valued
on the date of issuance at $4.50 per share or $281,250.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In accordance with ASC Topic 855-10, the Company has
analyzed its operations subsequent to September 30, 2021 to the date these financial statements were available to be issued and has determined
that it does not have any material subsequent events to disclose in these financial statements.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 0; text-align: justify">In accordance with ASC Topic 855-10,
the Company has analyzed its operations subsequent to December 31, 2020 to the date these financial statements were available to
be issued and has determined that it does not have any material subsequent events to disclose in these financial statements, except
as disclosed below.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 0; text-align: justify">On February 18, 2021, the Company entered
into a Stock Redemption Agreement (the “Redemption Agreement”) with Saqoia, Inc. (“SI”), an entity which
is owned and controlled by Rasmus Refer. Pursuant to the Redemption Agreement, the Company agreed to purchase, and SI agreed to
sell, 14,000,000 shares (the “Shares”) of the Company’s common stock held by SI to the Company in exchange for
$1.00, with the Shares then being returned to the Company’s authorized, but unissued shares of common stock.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><font style="background-color: white">WikiSoft
Corp. (“we”, “our”, the "Company") was incorporated in the state of Nevada in May 1998 as Sensor Technologies
Inc.</font> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"><u>Organization</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><font style="background-color: white">WikiSoft
Corp. (“we”, “our”, the "Company") was incorporated in the state of Nevada in May 1998 as Sensor
Technologies Inc.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">In March
2006 the Company changed its name to Bixby Energy Systems Inc.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">In September
2006 the Company changed its name to Power Play Development Corporation.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">In April
2007 the Company changed its name to National League of Poker, Inc.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">In October
2011 the Company changed its name to Power Play Development Corporation.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">In March
2018 the Company changed its name to Bluestar Technologies, Inc.(“BLUE”)</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">On March
31, 2019, the Company entered into a reverse merger agreement with Wikisoft Corp, a Delaware corporation. Pursuant to the Agreement,
the Company acquired WikiSoft DE and became Wikisoft Corp.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">The Company
is a wiki portal for businesses. Built on MediaWiki software, the new portal, called wikiprofile.com, is expected to eventually be the
largest in the wiki platform with over 328 million published articles and profiles on companies, top brands, and corporate influencers.
Users will be able to freely search the portal and all content will eventually be collected, updated and fact-checked in real-time. The
Company will generate revenue through paid advertisement placements imbedded in the webpages associated with wikiprofile.com.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"><u>Nature of operations</u></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><font style="background-color: white">The Company is a wiki portal
for businesses. Built on MediaWiki software, the new portal, called wikiprofile.com, is expected to eventually be the largest in
the wiki platform with over 328 million published articles and profiles on companies, top brands, and corporate influencers. Users
will be able to freely search the portal and all content will eventually be collected, updated and fact-checked in real-time. The
Company will generate revenue through paid advertisement placements imbedded in the webpages associated with wikiprofile.com.</font></p>
<p style="font: 10pt/105% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify"><font style="background-color: white">The
accompanying consolidated financial statements represent the results of operations, financial position and cash flows of the Company prepared
on the accrual basis of accounting and conform to accounting principles generally accepted in the United States of America. The consolidated
financial statements include the accounts of the Company and its wholly owned subsidiaries. – On March 31, 2019, the Company, a
Nevada corporation, entered into an Agreement and Plan of Merger with WikiSoft DE, a Delaware corporation, and WikiSoft Acquisition, Inc.,
a Delaware corporation. WikiSoft Acquisition, Inc. merged with and into WikiSoft DE (the “Merger”) on April 30, 2019, with
the filing of Articles of Merger with the Delaware Secretary of State. All significant inter-company transactions and balances have been
eliminated.</font></p>
<p style="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify"><font style="background-color: white">The
accompanying consolidated financial statements represent the results of operations, financial position and cash flows of the Company
prepared on the accrual basis of accounting and conform to accounting principles generally accepted in the United States of America.
The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. – On March 31,
2019, the Company, a Nevada corporation, entered into an Agreement and Plan of Merger with WikiSoft DE, a Delaware corporation,
and WikiSoft Acquisition, Inc., a Delaware corporation. WikiSoft Acquisition, Inc. merged with and into WikiSoft DE (the “Merger”)
on April 30, 2019, with the filing of Articles of Merger with the Delaware Secretary of State. All significant inter-company transactions
and balances have been eliminated.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">The preparation
of consolidated 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, disclosure of contingent assets
and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting
period. Actual results could differ from those estimates. Significant estimates include estimates used to review the Company’s,
impairments and estimations of long-lived assets, revenue recognition of Contract based revenue, allowances for uncollectible accounts,
and the valuations of non-cash capital stock issuances. The Company bases its estimates on historical experience and on various other
assumptions that are believed to be reasonable in the circumstances, the results of which form the basis for making judgments about the
carrying values of assets and liabilities that are not readily apparent from other sources.  Actual results may differ from
these estimates under different assumptions or conditions.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><font style="background-color: white">The preparation
of consolidated 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, disclosure of
contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and
expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include estimates
used to review the Company’s, impairments and estimations of long-lived assets, revenue recognition of Contract based revenue,
allowances for uncollectible accounts, and the valuations of non-cash capital stock issuances. The Company bases its estimates
on historical experience and on various other assumptions that are believed to be reasonable in the circumstances, the results
of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent
from other sources.  Actual results may differ from these estimates under different assumptions or conditions.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The carrying value of cash, accounts payable and accrued
expenses, and debt approximate their fair values because of the short-term nature of these instruments. Management believes the Company
is not exposed to significant interest or credit risks arising from these financial instruments.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 4.5pt; text-align: justify; text-indent: -0.5pt"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Fair value is defined as the exchange price that would
be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or
liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value
maximize the use of observable inputs and minimize the use of unobservable inputs. The Company utilizes a fair value hierarchy based on
three levels of inputs, of which the first two are considered observable and the last unobservable.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 4.5pt; text-align: justify; text-indent: -0.5pt"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt"> </p>
<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 9px; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">•</font></td>
<td style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 48px; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Level 1 -</font></td>
<td>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Quoted prices in active markets for identical assets
or liabilities. These are typically obtained from real-time quotes for transactions in active exchange markets involving identical assets.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p></td></tr>
<tr style="vertical-align: top">
<td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">•</font></td>
<td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Level 2 -</font></td>
<td>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Quoted prices for similar assets and liabilities in
active markets; quoted prices included for identical or similar assets and liabilities that are not active; and model-derived valuations
in which all significant inputs and significant value drivers are observable in active markets. These are typically obtained from readily-available
pricing sources for comparable instruments.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p></td></tr>
<tr style="vertical-align: top">
<td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">•</font></td>
<td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Level 3 -</font></td>
<td style="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Unobservable inputs, where there is little or no market activity for the asset or liability. These inputs reflect the reporting entity’s own beliefs about the assumptions that market participants would use in pricing the asset or liability, based on the best information available in the circumstances.</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The
carrying value of cash, accounts payable and accrued expenses, and debt approximate their fair values because of the short-term
nature of these instruments. Management believes the Company is not exposed to significant interest or credit risks arising from
these financial instruments.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 2pt 0 4.5pt"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Fair value is defined as the exchange price that would
be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset
or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure
fair value maximize the use of observable inputs and minimize the use of unobservable inputs. The Company utilizes a fair value
hierarchy based on three levels of inputs, of which the first two are considered observable and the last unobservable.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<table cellspacing="0" cellpadding="0" style="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="width: 14px"><font style="font: 10pt Times New Roman, Times, Serif">●</font></td>
<td style="width: 55px"><font style="font: 10pt Times New Roman, Times, Serif">Level 1 -</font></td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Quoted prices in active markets for identical assets or liabilities. These are typically obtained from real-time quotes for transactions in active exchange markets involving identical assets.</font></td></tr>
<tr style="vertical-align: top">
<td><font style="font: 10pt Times New Roman, Times, Serif">●</font></td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Level 2 -</font></td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Quoted prices for similar assets and liabilities in active markets; quoted prices included for identical or similar assets and liabilities that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. These are typically obtained from readily-available pricing sources for comparable instruments.</font></td></tr>
<tr style="vertical-align: top">
<td><font style="font: 10pt Times New Roman, Times, Serif">●</font></td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Level 3 -</font></td>
<td><font style="font: 10pt Times New Roman, Times, Serif">Unobservable inputs, where there is little or no market activity for the asset or liability. These inputs reflect the reporting entity’s own beliefs about the assumptions that market participants would use in pricing the asset or liability, based on the best information available in the circumstances.</font></td></tr></table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt">The Company recognizes
revenue in accordance with ASC Topic 606. The accounting policy on revenue recognition is provided below.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Service Contracts</i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The company recognizes service contract revenue over
time, as performance obligations are satisfied, due to the continuous transfer of control to the customer. Service contracts are generally
accounted for as a single unit of account (a single performance obligation) and are not segmented between types of services. The company
recognizes revenue based primarily on contract cost incurred to date compared to total estimated contract cost (an input method). The
input method is the most faithful depiction of the company’s performance because it directly measures the value of the services
transferred to the customer. Changes to total estimated contract cost or losses, if any, are recognized in the period in which they are
determined as assessed at the contract level. Pre-contract costs are expensed as incurred unless they are expected to be recovered from
the client. Project mobilization costs are generally charged to project costs as incurred when they are an integrated part of the performance
obligation being transferred to the client. Customer payments on service contracts are typically due in advance, depending on the contract.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For service contracts in which the company has the
right to consideration from the customer in an amount that corresponds directly with the value to the customer of the company’s
performance completed to date, revenue is recognized when services are performed and contractually billable. Service contracts that include
multiple performance obligations are segmented between types of services. For contracts with multiple performance obligations, the company
allocates the transaction price to each performance obligation using an estimate of the stand-alone selling price of each distinct service
in the contract. Revenue recognized on service contracts that have not been billed to clients is classified as a current asset under contract
assets on the Consolidated Balance Sheet. Amounts billed to clients in excess of revenue recognized on service contracts to date are classified
as a current liability under contract liabilities. Customer payments on service contracts are typically due within 30 days of billing,
depending on the contract.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company recognizes revenue in accordance with
generally accepted accounting principles as outlined in the Financial Accounting Standard Board’s (“FASB”) Accounting
Standards Codification (“ASC”) 606, Revenue From Contracts with Customers, which requires that five basic criteria
be met before revenue can be recognized: (i) identify the contract with the customer; (ii) identity the performance obligations
in the contract; (iii) determine the transaction price; (iv) allocate the transaction price; and (v) recognize revenue when or
as the entity satisfied a performance obligation.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Service Contracts</i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The company recognizes service contract revenue
over time, as performance obligations are satisfied, due to the continuous transfer of control to the customer. Service contracts
are generally accounted for as a single unit of account (a single performance obligation) and are not segmented between types of
services. The company recognizes revenue based primarily on contract cost incurred to date compared to total estimated contract
cost (an input method). The input method is the most faithful depiction of the company’s performance because it directly
measures the value of the services transferred to the customer. Changes to total estimated contract cost or losses, if any, are
recognized in the period in which they are determined as assessed at the contract level. Pre-contract costs are expensed as incurred
unless they are expected to be recovered from the client. Project mobilization costs are generally charged to project costs as
incurred when they are an integrated part of the performance obligation being transferred to the client. Customer payments on service
contracts are typically due in advance, depending on the contract.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For service contracts in which the company
has the right to consideration from the customer in an amount that corresponds directly with the value to the customer of the company’s
performance completed to date, revenue is recognized when services are performed and contractually billable. Service contracts
that include multiple performance obligations are segmented between types of services. For contracts with multiple performance
obligations, the company allocates the transaction price to each performance obligation using an estimate of the stand-alone selling
price of each distinct service in the contract. Revenue recognized on service contracts that have not been billed to clients is
classified as a current asset under contract assets on the Consolidated Balance Sheet. Amounts billed to clients in excess of revenue
recognized on service contracts to date are classified as a current liability under contract liabilities. Customer payments on
service contracts are typically due within 30 days of billing, depending on the contract.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Contract assets represent revenue recognized
in excess of amounts billed and include unbilled receivables (typically for cost reimbursable contracts) of $0 and contract work
in progress (typically for fixed-price contracts) of $0 as of December 31, 2020 and December 31, 2019. Unbilled receivables, which
represent an unconditional right to payment subject only to the passage of time, are reclassified to accounts receivable when they
are billed under the terms of the contract. Advances that are payments on account of contract assets of $0 and $0 as of December
31, 2020 and December 31, 2019, respectively, have been deducted from contract assets. Contract liabilities represent amounts billed
to clients in excess of revenue recognized to date. The Company recorded $0 and $0 in contract liabilities as of December 31, 2020
and December 31, 2019, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">  </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Practical Expedients</i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i> </i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If the company has a right to consideration
from a customer in an amount that corresponds directly with the value of the company’s performance completed to date (a service
contract in which the company bills a fixed amount for each hour of service provided), the company recognizes revenue in the amount
to which it has a right to invoice for services performed.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The company does not adjust the contract price
for the effects of a significant financing component if the company expects, at contract inception, that the period between when
the company transfers a service to a customer and when the customer pays for that service will be one year or less.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The company has made an accounting policy election
to exclude from the measurement of the transaction price all taxes assessed by governmental authorities that are collected by the
company from its customers (use taxes, value added taxes, some excise taxes).</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the years ended December 31, 2020 and 2019,
the Company reported revenues of $0 and $44,444, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For purposes of the statements of cash flows, the
Company considers all highly liquid investments and short-term debt instruments with original maturities of six months or less to be cash
equivalents. There was $5,326 and $19,564 in cash and no cash equivalents as of September 30, 2021 and December 31, 2020, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For purposes of the statements of cash flows,
the Company considers all highly liquid investments and short-term debt instruments with original maturities of three months or
less to be cash equivalents. There was $24,242 and $131,605 in cash and no cash equivalents as of December 31, 2020 and December
31, 2019, respectively.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">At times throughout
the year, the Company may maintain cash balances in certain bank accounts in excess of FDIC limits. As of December 31, 2020, the
cash balance was held in an account outside of the United States which is not FDIC insured. The balance not insured by the FDIC
was $22,412. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit
risk in these accounts. <font style="background-color: white">The Company also has concentration risk associated with its customer
base.</font></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt">The Company follows
the guidelines in FASB Codification Topic ASC 718-10 “<i>Compensation-Stock Compensation,</i>” which requires companies to
measure the cost of employee services received in exchange for an award of an equity instrument based on the grant-date fair value of
the award. Stock-based compensation expense is recognized on a straight-line basis over the requisite service period. The Company accounts
for non-employee share-based awards in accordance with FASB ASC 505-50 under which the awards are valued at the earlier of a commitment
date or upon completion of the services, based on the fair value of the equity instruments, and are recognized as expense over the service
period.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company follows the guidelines in Financial
Accounting Standards Board’s (FASB) Codification Topic ASC 718-10 “<i>Compensation-Stock Compensation,</i>” which
requires companies to measure the cost of employee services received in exchange for an award of an equity instrument based on
the grant-date fair value of the award. Stock-based compensation expense is recognized on a straight-line basis over the requisite
service period. The Company accounts for non-employee share-based awards in accordance with FASB ASC 505-50 under which the awards
are valued at the earlier of a commitment date or upon completion of the services, based on the fair value of the equity instruments,
and are recognized as expense over the service period.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company reports earnings (loss) per share in accordance
with Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) 260-10 “<i>Earnings
Per Share,</i>” which provides for calculation of “basic” and “diluted” earnings per share. Basic earnings
per share includes no dilution and is computed by dividing net income or loss available to common stockholders by the weighted average
common shares outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in
the earnings of an entity. The calculation of diluted net loss per share gives effect to common stock equivalents; however, potential
common shares are excluded if their effect is anti-dilutive.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company reports earnings (loss) per share
in accordance with FASB Accounting Standards Codification (“ASC”) 260-10 “<i>Earnings Per Share,</i>” which
provides for calculation of “basic” and “diluted” earnings per share. Basic earnings per share includes
no dilution and is computed by dividing net income or loss available to common stockholders by the weighted average common shares
outstanding for the period. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings
of an entity. The calculation of diluted net loss per share gives effect to common stock equivalents; however, potential common
shares are excluded if their effect is anti-dilutive.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In accordance with the Financial Accounting Standards
Board ("FASB") Accounts Standard Codification (ASC) ASC 360-10, "Property, Plant and Equipment," the carrying value
of intangible assets and other long-lived assets is reviewed on a regular basis for the existence of facts or circumstances that may suggest
impairment. The Company recognizes impairment when the sum of the expected undiscounted future cash flows is less than the carrying amount
of the asset. Impairment losses, if any, are measured as the excess of the carrying amount of the asset over its estimated fair value.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In accordance with the FASB ASC 360-10, "Property,
Plant and Equipment," the carrying value of intangible assets and other long-lived assets is reviewed on a regular basis for
the existence of facts or circumstances that may suggest impairment. The Company recognizes impairment when the sum of the expected
undiscounted future cash flows is less than the carrying amount of the asset. Impairment losses, if any, are measured as the excess
of the carrying amount of the asset over its estimated fair value.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.9pt; text-align: justify; text-indent: -0.5pt; background-color: white">The
Company accounts for its income taxes in accordance with FASB Codification Topic ASC 740-10, “<i>Income Taxes</i>”, which
requires recognition of deferred tax assets and liabilities for future tax consequences attributable to differences between the financial
statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carry-forwards. Deferred tax
assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary
differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized
in income in the period that includes the enactment date. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company accounts
for its income taxes in accordance with FASB Codification Topic ASC 740-10, “<i>Income Taxes</i>”, which requires recognition
of deferred tax assets and liabilities for future tax consequences attributable to differences between the financial statement
carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carry-forwards. Deferred tax
assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary
differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates
is recognized in income in the period that includes the enactment date. </p>
<table cellpadding="0" cellspacing="0" align="center" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 55%">
<tr style="vertical-align: bottom">
<td style="text-align: center; font-size: 12pt"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="3" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">2020</td><td style="text-align: center; font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; text-align: center; font-weight: bold">2019</td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: left; width: 69%">Deferred tax asset attributable to:</td><td style="font-size: 12pt; width: 2%"> </td>
<td style="font-size: 12pt; text-align: left; width: 1%"> </td><td style="font-size: 12pt; text-align: right; width: 12%"> </td><td style="font-size: 12pt; text-align: left; width: 1%"> </td><td style="font-size: 12pt; width: 2%"> </td>
<td style="font-size: 12pt; text-align: left; width: 1%"> </td><td style="font-size: 12pt; text-align: right; width: 12%"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">  Net operating loss carryover</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">1,591,561</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">1,182,141</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">  Valuation allowance</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,591,561</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,182,141)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 2.5pt">    Net deferred tax asset</td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—  </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">—  </td></tr>
</table>
0
0
0
0
0
0
44444
22412
329239
168463
Shareholders in the Company holding 60 shares of Series A Preferred Stock converted their preferred stock into 4,000,000 shares of common stock.
Each share of WikiSoft DE’s outstanding membership interest was converted into the right to receive one (1) share of the Company’s common stock, par value $0.001 per share (the “Common Stock”), all of which shares of Common Stock were issued in exchange for the total outstanding shares of common stock in WikiSoft DE for a total of 100,000,000 shares of Common Stock
100000000
4000000
60
60
0.0413
0.9587
WikiSoft DE, is required to calculate a hypothetical amount of consideration it would have transferred to the accounting acquiree (the Company) to obtain the same percentage ownership interest in the combined entity that results from the transaction. Under reverse acquisition accounting, as the accounting acquirer, WikiSoft DE is deemed (for accounting purposes only) to have issued 4,365,219 shares with an aggregate value at the merger date of $2,837,392 based on estimated fair value of $0.65 per share.
0.65
1591561
1182141
1591561
1182141
0.21
30215
15000
7875
10000
1000000
0.0425
0.0425
0.0425
0.01
2022-09-01
2023-01-01
2023-01-01
The note carries and 0.01% interest rate and is due on the later of the date the Company has the funds to repay the note or 24 months.
3305
0
0
2069
2260
63090
63090
295000
0
100000
1.25
2.00
4.50
2.00
4.50
3.00
2.75
1.98
2.46
0.90
2.75
1.70
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has evaluated all other recent accounting
pronouncements and believes that none of them are expected to have a material effect on the Company's financial position, results of operations
or cash flows.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In February 2016, the FASB issued ASU 2016-02,
“Leases” (“ASC 842”). The guidance requires lessees to recognize almost all leases on their balance sheet
as a right-of-use asset and a lease liability. For income statement purposes, the FASB retained a dual model, requiring leases
to be classified as either operating or finance. Lessor accounting is similar to the current model, but updated to align with certain
changes to the lessee model and the new revenue recognition standard. Existing sale-leaseback guidance, including guidance for
real estate, is replaced with a new model applicable to both lessees and lessors. ASC 842 is effective for fiscal years beginning
after December 15, 2018. The Company has adopted of ASC 842, but the adoption of the standard has not impacted our financial position
or results of operations.</p>
5326
19564
131605
63950
126876
8262
45215
6243
2021-09-30
This Post-Effective Amendment No. 1 to the Form S-1 is being filed to account for an amendment to the Purchase Agreement to remove the Floor Price of $0.25, such that we may put amounts to White Lion in accordance with the Purchase Agreement even where the price of our common stock falls below $0.25. We are also updating the financial statements to account for the three and nine months ended September 30, 2021 and 2020. All filing fees payable in connection with the registration of these securities were previously paid by us in connection with the filing of the Form S-1.
NV
-14238
-67655
4729
112041
20000000
750000
The purchase price is 85% of the lowest daily VWAP of
the Common Stock during the 5 business days after shares have been received by the investor. Upon the Investor purchasing $5,000,000 increases
to 90% of the lowest daily VWAP of the Common Stock during the 5 business days after shares have been received by the investor. The commitment
period of the purchase agreement ends on either the earlier of purchase by the investor of $20,000,000 worth of purchase notice shares
or December 31, 2022.
purchase price to 85% of the lowest daily VWAP of the Common Stock during the 5 business days after shares have been received by the
investors custodian.
500000
1000000
1.50
100000
137500