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 UNITED STATES

 SECURITIES AND EXCHANGE COMMISSION

 Washington, D.C. 20549

 FORM 10-K/A

 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023

 OR

 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 Commission File Number: 000-54918

 MCX TECHNOLOGIES CORPORATION.

 (Exact name of registrant as specified in its charter)

 California

 26-0030631

 (State or other jurisdiction of
 incorporation or organization)

 (I.R.S. Employer
 Identification No.)

 176 South Capital Blvd. Boise, Idaho 83702

 (Address of principal executive offices, including zip code)

 ( 208) 863-6243

 (Registrant ' s telephone number, including area code)

 Securities registered pursuant to Section 12(b) of the Exchange Act:

 Title of each class

 Trading Symbol(s)

 Name of each exchange on which registered

 None

 N/A

 N/A

 Securities registered pursuant to section 12(g) of the Act:

 COMMON STOCK, NO PAR VALUE PER SHARE

 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No

 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act: Yes No

 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No

 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes No

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

 Large Accelerated Filer

 Accelerated Filer

 Non-accelerated Filer

 Smaller Reporting Company

 Emerging Growth Company

 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 12(a) of the Exchange Act.

 Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.

 If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.

 Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b).

 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes No

 The aggregate market value of common stock held by non-affiliates of the registrant as of December 29, 2023 the last business day of the registrant's most recently completed fiscal year, based on the closing price of the registrant's common stock on the OTC Pink Sheets on such date, was approximately $ 245,114

 At April 15, 2024, 20,426,158 shares of the registrant's common stock were outstanding.

 EXPLANATORY NOTE

 When MCX Technologies Corp. (the "Company") filed its Annual Report on Form 10K for year ended December 31, 2023, it erred by Indicating that registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Since the Company did not have the financial resources to obtain audited financial statements for the year ended December 31, 2023, the Form 10-k that was filed contained unaudited financial statements which is technically non-compliant.

 This Annual Report on Form 10-K/A (Amendment No. 1) is being filed solely for the purpose of providing clarifying the matter above.

 Page

 Item 1.

 Business.

 Item 1A.

 Risk Factors.

 Item 1B.

 Unresolved Staff Comments.

 Item 2.

 Properties.

 Item 3.

 Legal Proceedings.

 Item 4.

 Mine Safety Disclosure.

 Item 5.

 Market for Our Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

 Item 6.

 Selected Financial Data.

 Item 7.

 Management's Discussion and Analysis of Financial Condition and Results of Operation.

 Item 7A.

 Quantitative and Qualitative Disclosures About Market Risk.

 Item 8.

 Financial Statements and Supplementary Data.

 Item 9.

 Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.

 Item 9A.

 Controls and Procedures.

 Item 9B.

 Other Information.

 Item 10.

 Directors, Executive Officers and Corporate Governance.

 Item 11.

 Executive Compensation.

 Item 12.

 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

 Item 13.

 Certain Relationships and Related Transactions, and Director Independence.

 Item 14.

 Principal Accountant Fees and Services.

 Item 15.

 Amendment to Form 10-K

 Item 15.

 Exhibits and Financial Statement Schedules.

 Signatures

 Exhibit Index

 ITEM 1.

 BUSINESS.

 General

 MCX Technologies Corporation ("we," "us," "our," or the "Company") intends to acquire or develop a technologies that would become the Company's new operating platform which may include innovations directed toward the internet's evolution into the Web 3. During the first quarter of 2022 and the year 2021, through our subsidiary The Collective Experience LLC we generated revenue by delivering digital transformation solutions to customer centric organizations through integrated marketing, data science, and commerce. We have ceased operations under TCE and we are now transitioning the focus of the Company toward new technologies.

 We were incorporated in the State of California on December 14, 2001, as a customer experience ("CX") management solutions company dedicated to helping organizations improve customer experiences, increase customer loyalty, reduce cost and increase revenue. The Company operated as The Innes Group, Inc., d/b/a MCorp Consulting until filing a Certificate of Amendment to the Articles of Incorporation renaming the Company Touchpoint Metrics, Inc., effective October 18, 2011. On June 11, 2015, our shareholders passed a resolution to change the name of the Company to McorpCX, Inc., and on June 29, 2020, in connection with the sale of McorpCX, LLC, as described below, our shareholders passed a resolution to change the name of the Company to MCX Technologies Corporation.

 The Company formed a wholly owned subsidiary, McorpCX, LLC ("McorpCX LLC") as a limited liability company in the state of Delaware on December 14, 2017. On August 16, 2018, the Company entered into a contribution agreement with its wholly owned subsidiary McorpCX LLC, pursuant to which the Company transferred to McorpCX LLC all of the Company's assets and liabilities related to the Company's customer experience consulting business, excluding the underlying technology and databases related thereto which remained with the Company.

 Effective August 3, 2020, the Company sold all of its membership interests in McorpCX, LLC to mfifty, LLC, a California limited liability company controlled by Michael Hinshaw, the President of McorpCX LLC (the "Purchaser"). Since the Company's professional and related consulting services business, which constituted substantially all of the Company's operations at the time of the sale of McorpCX LLC, was conducted through McorpCX LLC, the sale of McorpCX LLC represented a strategic shift that we had a major effect on the Company's operations and financial results.

 As consideration for the sale of McorpCX LLC, the Company received a total of $352,000 in cash consisting of $100,000 received upon the signing of the purchase agreement and $252,000 received at the closing of the transaction along with a $756,000 promissory note. The promissory note has an initial annual interest rate of 0.99% (to be recalculated at the end of each twelve-month period subsequent to the date of the note based on the annual Applicable Federal Rate for mid-term loans on the first business day following each such twelve month period) accruing daily on the outstanding balance of the note, and monthly principal payments are payable to the Company over a term of four or more years. Monthly principal payments to the Company were initially $7,292 per month for the first twelve months following the date of the note, and then during each subsequent twelve-month period are based on the annual revenues of McorpCX, LLC. The note is secured by the Purchaser's ownership interest in McorpCX LLC. On June 11, 2021, the note was amended whereby the obligor would pay $100,000 principal payment on or before July 1, 2021 and the remaining principal and interest would be paid in installments of $20,000 per month due on the first day of each month.

 On November 12, 2020, the Company formed a wholly owned subsidiary, The Collective Experience, LLC (the "Collective Experience" or "TCE") as a Delaware limited liability company. The Company was providing all of its digital transformation and marketing management consulting services, which was the Company's sole revenue generating operations, through the Collective Experience.

 We maintain our primary business address at 176 South Capital Blvd. Boise, Idaho 83702. Our telephone number is (208) 863-6243 and our internet website is www.mcxtechnologies.io. Our registered agent for service of process is Northwest Registered Agents, Inc. The inclusion of our internet address in this report does not include or incorporate by reference into this report any information contained on, or accessible through, our website. Our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, proxy statements, amendments to those reports and other Securities and Exchange Commission, or "SEC", filings are available free of charge at www.sec.gov.

 Our common stock trades on the TSX Venture Exchange in Canada under the symbol "MCX" and on the OTC Pink Sheets in the United States under the symbol "MCCX".

 Products and Services

 Our only source of revenue was derived from providing digital transformation services through our subsidiary, The Collective Experience LLC, that included brand strategy, data science, pricing science, customer experience management consulting and implementation in support of these strategies. As of April 1, 2022, TCE ceased signing new client engagements since we are no longer pursuing that segment in order to focus on alternative technologies.

 Professional Services

 We provided professional and related consulting services through the Collective Experience including strategy, pricing science, data science, digital transformation, customer experience management consulting, implementation, and go-to-market execution in support of these strategies. These services were intended to help primarily large and medium sized organizations systematically and predictably plan, design and deliver better customer experiences, drive revenue, maximize their return on investment, improve their operational efficiency, and increase customers' adoption of their products and services. As noted above, as of April 1, 2022, TCE ceased signing new client engagements since we are no longer pursuing that segment in order to focus on alternative technologies.

 Our Strategy

 The Company's management is now in the process of developing or acquiring new technologies to enable it to focus on developing and/or implementing Web 3 platforms or other technologies.

 Competition

 There are numerous technology companies seeking ways to enter the Web 3 technologies business and various technologies are subject to rapidly changing technological developments, shifting organizational priorities and requirements, frequent introductions of new products and services, and increased marketing and sales activities of other industry participants.

 Many competitors exist in the overlapping areas of Web 3 and traditional digital marketing, data analytics, digital transformation, cyber-currency and decentralized finance software services and consulting. Many of our current and potential competitors have a significantly larger market presence, greater name recognition, access to more potential customers and substantially greater financial, technical, sales and marketing, management, support, and other resources than we have. As a result, many of our competitors can respond more quickly than we can to new or changing opportunities and technologies, and may devote greater resources to the marketing, promotion and sale of their products than our resources will afford.

 We believe it is highly likely that existing and new competitors will rapidly acquire significant market share, which would negatively impact our ability to effectively market, compete and sell our products and services we are currently developing into the markets in which such competitors operate.

 Dependence on Major Customers

 As of December 31, 2023, there were no active customers under TCE or MCX and we only had one customer active during the year ended December 31, 2022.

 Intellectual Property

 We rely on intellectual property laws, contractual arrangements, such as assignment, confidentiality and non-disclosure agreements, and confidentiality procedures and technical measures to gain rights to and protect the technology and intellectual property used in our business.

 As of December 31, 2023, we do not own any trademarks or service marks, patents or other intellectual property assets.

 Insurance

 During the year ended December 31, 2023, we maintained general liability, commercial auto, and insurance policies and separate insurance coverage for its directors and officers.

 Employees

 At the end of 2023 we had no full-time or part-time employees and one independent contractor. We have never experienced any employment-related work stoppages and our independent contractors are not represented by a labor union or collective bargaining agreements. We intend to hire more employees and independent contractors on an as-needed basis.

 Offices

 We have one business addresses. Our headquarters is located at 176 South Capital Blvd. Boise, ID 83702.

 Costs and Effects of Compliance with Local, State and Federal Environmental Laws

 Given the nature of the Company's business operations, local, state and federal environmental laws do not impose any material costs or have any material effect on the Company.

 Government Regulation

 We are not currently subject to direct federal, state or local regulation other than regulations applicable to businesses.

 ITEM 1A.

 RISK FACTORS

 The statements in this "Risk Factors" section describe material risks to our business and should be considered carefully. You should review carefully the risk factors listed below, as well as those factors listed in other documents we file with the SEC. Our disclosure and analysis in this annual report on Form 10-K/A contain some forward-looking statements that set forth anticipated results based on management's current plans and assumptions.

 Following the sale of McorpCX LLC and the winding down of The Collective Experience, the Company ' s profitability and growth will depend on the success of the Company ' s planned development of its Web 3 technologies business, which is subject to a variety of business risks and uncertainties.

 Because prior to the sale of McoprCX, LLC in 2020, the Company's operations primarily consisted of professional and related consulting services conducted through McorpCX, LLC, as result of the sale of McorpCX, LLC, the Company was required to develop a new business line in order to generate revenues. During 2021, through the Company's subsidiary The Collective Experience LLC, the Company generated revenue by delivering digital transformation solutions to customer centric organizations through integrated marketing, data science, and commerce. As of April 1, 2022, TCE ceased signing new client engagements since we are no longer pursuing that segment in order to focus on alternative technologies. The Company is now focused on developing a Web 3 technologies business. Any evaluation of our Web 3 technologies business and our prospects going forward must be considered in light of the risks and uncertainties stated above, as well as the following:

 the ability to establish new relationships with clients;

 the ability to fund required capital costs needed for investment in the Web 3 technologies business;

 the ability to successfully identify and acquire investments in Web 3 technologies and businesses;

 the ability to successfully develop our own Web 3 technologies; and

 the ability to successfully market and sell, and generate revenues and profits from, Web 3 technologies and businesses.

 If the Company is unable to address these risks, the Company's business, results of operations and prospects could suffer and the Company may not be able to successfully able to develop a revenue generating business.

 We have never generated profits from our current operations and may continue to incur losses from our operations into the future. There is no assurance our future operations will result in profitable revenues. If we cannot generate sufficient revenues to operate profitably, we will cease operations and any investment will be lost.

 During the years ended December 31, 2023 and 2022, we incurred net operating losses of $238,745 and $460,003, respectively. Our ability to achieve and maintain profitability and positive cash flow is dependent upon our ability to successfully develop our Web 3 technologies business.

 Since prior to the sale of McorpCX, LLC in August 2020, all of the Company's revenues were generated through the operations of McorpCX, LLC, subsequent to the sale of McorpCX, LLC, the Company has had to develop new sources of revenues. During 2021, through our subsidiary The Collective Experience LLC we generated revenue by delivering digital transformation solutions to customer centric organizations through integrated marketing, data science, and commerce. However, the Company is now focused on developing a Web 3 technologies business. Although the Company's management is now focused on developing a Web 3 technologies business, as of the date of this report, the Company is generating no revenues from this business and there is no assurance that we will be able to attract the necessary employees, independent contractors and other resources required to develop our Web 3 technology platform to a level where we would be able to generate sufficient revenues to support the growth of our operations.

 Our ability to achieve revenue growth sufficient to support our business will stem in large part from our ability to develop and/or acquire new Web 3 technology solutions, the licensing and adoption of our systems and methodologies, and the development of direct and indirect sales and distribution channels through which we can distribute our products and services. Based upon current plans, we expect to incur operating losses in future periods because we will be incurring expenses required to achieve our objectives and not generating revenues sufficient to generate profits. We cannot guarantee that we will be successful in generating sufficient revenues in the future. Failure to generate profits from operations may cause our business to fail.

 The Company ' s ability to execute its strategy following the sale of McorpCX LLC depends on the Company ' s ability to retain and recruit qualified management and/or advisors.

 The Company's ability to execute its strategy following the closing of the sale of McorpCX LLC in August 2020 and the winding down of The Collective Experience in 2022 requires that the Company retain and recruit personnel with technology services experience. There are no assurances that the Company will be able to find and/or be able to recruit qualified personnel required to build the Company's Web 3 technologies business, and if the Company is not able to recruit such personnel the Company may not be able to successfully grow its Web 3 technologies business and consequently may not develop a revenue generating business.

 Business or economic disruptions or global health concerns beyond our control could seriously harm our business and results of operations.

 Broad-based business or economic disruptions could adversely affect our ongoing or planned business activities. For example, beginning in December 2019 an outbreak of a novel strain of coronavirus originated in Wuhan, China, and has since spread to a number of other countries, including the United States. Any new outbreak may prompt precautionary government-imposed closures of certain travel and businesses. We cannot presently predict the scope and severity of any potential business shutdowns or disruptions from any new outbreak, but if we or any of the third parties with whom we engage were to experience shutdowns or other business disruptions, our ability to conduct our business in the manner and on the timelines presently planned could be materially and negatively impacted.

 If we do not attract new customers, we will not make a profit, which ultimately will result in a cessation of operations.

 Our ability to maintain operations is predicated upon us being able to acquire or develop Web 3 technologies and related products and services, and being able to sell or license those technologies, products and services to clients. As of December 31, 2023, we did not have any active clients, and there are no assurances that we will be able to expand our customer base. If we are unable to attract and maintain an adequate customer base to generate revenues, we will have to suspend or cease operations.

 The market for our products and services is evolving rapidly

 We are engaged in a new and rapidly evolving business, and consequently we may experience rapid shifts in demands for our products and services. These changes in demand may result from a number of factors, including, without limitation, changes in the perceived benefits of or need for our services. These changes in demand may adversely impact on our ability to earn revenues and achieve profitability.

 We face intense competition for our products and services

 There are numerous technology companies are seeking ways to support these efforts enter the Web 3 technologies business. Additionally, Metaverse, cyber-currency and DeFi have become more readily recognized as method of completing transactions and as such, more competitors are seeking to enter this marketplace. These technologies are subject to rapidly changing technological developments, shifting organizational priorities and requirements, frequent introductions of new products and services, and increased marketing and sales activities of other industry participants

 Many competitors exist in the overlapping areas of Web 3 and traditional digital marketing, data analytics, digital transformation, cyber-currency and decentralized finance software services and consulting. Many of our current and potential competitors have a significantly larger market presence, greater name recognition, access to more potential customers and substantially greater financial, technical, sales and marketing, management, support, and other resources than we have. As a result, many of our competitors can respond more quickly than we can to new or changing opportunities and technologies, and may devote greater resources to the marketing, promotion and sale of their products than we can.

 We have limited access to financing and capital to fund our operations

 We primarily generate cash to fund our business operations from the proceeds from the sale of McorpCX, LLC in August 2020. However, since we have incurred net losses in each of 2022 and 2023, and our cash from operations will not be sufficient to fund our business operations on an ongoing basis. Accordingly, we will require additional financing to continue our operations. We do not have any arrangements in place for any future debt or equity financing and there is no assurance that any financing would be available to us.

 Our inability to generate sufficient cash flows may result in our Company not being able to continue as a going concern.

 For the years ended December 31, 2023 and 2022 the Company had a net loss of $197,130 and $465,552, respectively. These circumstances result in substantial doubt as to the Company's ability to continue as a going concern. The Company's ability to continue as a going concern is dependent upon the Company's ability to generate sufficient revenues to operate profitably or raise additional capital through debt financing and/or through sales of common shares.

 The failure to achieve the necessary levels of profitability or obtain the additional funding would be detrimental to the Company. The Company's consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

 Because we have only two officers and three directors who are responsible for our managerial and organizational structure, there may not be effective disclosure and accounting controls to comply with applicable laws and regulations which could result in fines, penalties and assessments against us.

 We have only two officers and three directors. These persons are responsible for our managerial and organizational structure, which include preparation of disclosure and accounting controls under the Sarbanes Oxley Act of 2002. As such, they are responsible for the administration of the Company's internal controls. Should they not properly administer the Company's internal controls, we may be subject to sanctions and fines by the SEC.

 As of December 31, 2023, management assessed the effectiveness of our internal control over financial reporting and concluded that, during the period covered by this report, such internal controls and procedures were not effective to detect the inappropriate application of U.S. generally accepted accounting principles. Management determined that this was due to deficiencies that existed in the design or operation of our internal controls over financial reporting that adversely affected our internal controls and that may be considered to be material weaknesses. See Item 9A Controls and Procedures – Internal Control Over Financial Reporting for more information. Although management has taken steps in 2023 to address the deficiencies in our internal controls, the Company currently does not have sufficient internal controls over financial reporting which could limit investment in the Company's securities and expose the Company to SEC fines or administrative sanctions.

 There are legal restrictions on the resale of our shares of common stock, including penny stock regulations under the United States federal securities laws. These restrictions may adversely affect the ability to resell our shares of common stock.

 We anticipate that our common shares will continue to be subject to the penny stock rules under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These rules regulate broker/dealer practices for transactions in "penny stocks." Penny stocks are generally equity securities with a price of less than $5.00. The penny stock rules require broker/dealers to deliver a standardized risk disclosure document that provides information about penny stocks and the nature and level of risks in the penny stock market. The broker/dealer must also provide the customer with current bid and offer quotations for the penny stock, the compensation of the broker/dealer and its salesperson and monthly account statements showing the market value of each penny stock held in the customer's account. The bid and offer quotations and the broker/dealer and salesperson compensation information must be given to the customer orally or in writing prior to completing the transaction and must be given to the customer in writing before or with the customer's confirmation. In addition, the penny stock rules require that prior to a transaction, the broker and/or dealer must make a special written determination that the penny stock is a suitable investment for the purchaser and receive the purchaser's written agreement to the transaction. The transaction costs associated with penny stocks are high, reducing the number of broker-dealers who may be willing to engage in the trading of our shares. These additional penny stock disclosure requirements are burdensome and may reduce all of the trading activity in the market for our common stock. As long as the common stock is subject to the penny stock rules, our shareholders may find it more difficult to sell their shares.

 Our future sales of our common stock could cause our share price to decline.

 There is no contractual restriction on our ability to issue additional shares of our common stock. We cannot predict the effect, if any, that market sales of our common stock or the availability of shares for sale will have on the market price prevailing from time to time. Sales by us of our common stock in the public market, or the perception that such sales may occur, could cause the trading price of our common stock to decrease or to be lower than it might be in the absence of those sales or perceptions.

 The market price of our common stock may be volatile.

 The trading price of our shares of common stock may be highly volatile and could be subject to wide fluctuations in response to various factors. Some of the factors that may cause the market price of our shares of common stock to fluctuate include:

 Fluctuations in our quarterly financial results or the quarterly financial results of companies perceived to be similar to us;

 Changes in estimates of our financial results or recommendations by securities analysts; the potential effect of general business or economic conditions on our business, including the direct and indirect effects of the COVID-19 pandemic and the Russian invasion of Ukraine on the economy, consumer demand and spending levels, and labor shortages in our markets

 Failure of any of our products to achieve or maintain market acceptance;

 Changes in market valuations of similar companies;

 Significant products, contracts, acquisitions or strategic alliances of our competitors;

 Success of competing products or services;

 Changes in our capital structure, such as future issuances of securities or the incurrence of additional debt;

 Regulatory developments;

 Litigation involving our Company, our general industry or both;

 Additions or departures of key personnel;

 Investors' general perception of us; and

 Changes in general economic, industry and market conditions.

 Failures or security breaches of our information technology systems could disrupt our operations and negatively impact our business.

 We use information technologies to securely manage our operations and various business functions. We rely on various technologies to process, store and report on our business and to communicate electronically between our employees, consultants and customers. We also use information technologies to process financial information and results of operations for internal reporting purposes and to comply with regulatory, legal and tax requirements. Despite our security design and controls, and those of our third party providers, our information technology systems may be vulnerable to a variety of interruptions, including during the process of upgrading or replacing software, databases or components thereof, natural disasters, terrorist attacks, telecommunications failures, computer viruses, cyber-attacks, hackers, unauthorized access attempts and other security issues or may be breached due to employee error, malfeasance or other disruptions. Any such interruption or breach could result in operational disruptions or the misappropriation of sensitive data that could subject us to civil and criminal penalties, litigation or have a negative impact on our reputation. There can be no assurance that such disruptions or misappropriations and the resulting repercussions will not negatively impact our cash flows and materially affect our results of operations or financial condition.

 In addition, many of our information technology systems, such as those we use for administrative functions, including human resources, payroll, accounting and internal and external communications, as well as the information technology systems of our third-party business partners and service providers, whether cloud-based or hosted in proprietary servers, contain personal, financial or other information that is entrusted to us by our customers and personnel. Many of our information technology systems also contain proprietary and other confidential information related to our business, such as business plans and research and development initiatives. To the extent we or a third party were to experience a material breach of our or such third party's information technology systems that results in the unauthorized access, theft, use, destruction or other compromises of our customers' or personnel's data or confidential information stored in such systems, including through cyber-attacks or other external or internal methods, it could result in a violation of applicable privacy and other laws, and subject us to litigation and governmental investigations and proceedings, any of which could result in our exposure to material liability.

 We may incur losses as a result of unforeseen or catastrophic events, including the emergence of a pandemic, terrorist attacks or natural disasters.

 The occurrence of unforeseen or catastrophic events, including the emergence of a pandemic or other widespread health emergency (or concerns over the possibility of such an emergency), terrorist attacks or natural disasters, could create economic and financial disruptions and could lead to operational difficulties (including travel limitations) that could impair our ability to manage or operate our business and adversely affect our results of operations.

 A small number of our shareholders could significantly influence our business.

 There are a few significant shareholders of our common stock who own a substantial percentage of the outstanding shares of our common stock. These few significant shareholders, either individually or acting together, may be able to exercise significant influence over matters requiring shareholder approval, including the election of directors and approval of significant corporate transactions, such as a merger or other sale of the Company or our assets. This concentration of ownership may make it more difficult for other shareholders to effect substantial changes in the Company, may have the effect of delaying, preventing or expediting, as the case may be, a change in control of the Company and may adversely affect the market price of our common stock. Further, the possibility that one or more of these significant shareholders may sell all or a large portion of their common stock in a short period of time could adversely affect the trading price of our common stock. Also, the interests of these few shareholders may not be in the best interests of all shareholders.

 Limited liability of the Company ' s executive officers and directors may discourage stockholders from bringing a lawsuit against them.

 The Company's Articles of Incorporation and Bylaws contain provisions that limit the liability of directors for monetary damages and provide for indemnification of officers and directors. These provisions may discourage stockholders from bringing a lawsuit against officers and directors for breaches of fiduciary duty and may also reduce the likelihood of derivative litigation against officers and directors even though such action, if successful, might otherwise have benefited the stockholders. In addition, a stockholder's investment in the Company may be adversely affected to the extent that costs of settlement and damage awards against officers or directors are paid by the Company under the indemnification provisions of the Company's Articles of Incorporation and Bylaws.

 Under the Articles of Incorporation and Bylaws of the Company, we may indemnify an officer or director who is made a party to any proceeding, including a lawsuit, because of his or her position, if he or she acted in good faith and in a manner he or she reasonably believed to be in our best interest. We may also advance expenses incurred in defending a proceeding. To the extent that the officer or director is successful on the merits in a proceeding as to which he or she is to be indemnified, we must indemnify him or her against all expenses incurred, including attorney's fees. With respect to a derivative action, indemnity may be made only for expenses actually and reasonably incurred in defending the proceeding, and if the officer or director is judged liable, only by a court order. The indemnification is intended to be to the fullest extent permitted by the laws of the State of California.

 The Russian invasion of Ukraine could adversely affect our financial results, operations and outlook for an extended period of time.

 The Russian invasion of Ukraine has affected and will, for the foreseeable future, continue to affect general business and market conditions worldwide, and also indirectly has affected and will continue to affect our financial results, operations and outlook. We cannot predict how the Russian invasion of Ukraine will develop or progress, how long it will last, or how it will impact general business and market conditions, and our financial results, operations and outlook in the future.

 ITEM 1B.

 UNRESOLVED STAFF COMMENTS.

 None.

 ITEM 2.

 PROPERTIES.

 Our corporate headquarters, located at 176 South Capital Blvd. Boise, ID 83702 is a leased space, which we lease on a month-to-month basis for $100 a month.

 ITEM 3.

 LEGAL PROCEEDINGS.

 Although the Company from time to time may be involved with disputes, claims and litigation related to the conduct of its business, there are no material legal proceedings pending to which the Company is a party or to which any of its property is subject, and the Company's management does not know of any such action being contemplated.

 ITEM 4.

 MINE SAFETY DISCLOSURES.

 None.

 ITEM 5.

 MARKET FOR OUR COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.

 Market Information

 Our common stock is traded in the United States on the OTC Pink Sheets, operated by the OTC Markets Group under the symbol "MCCX." and on the TSX Venture Exchange in Canada under the symbol "MCX".

 Holders

 There are 43 holders of record for our common stock as of April 15, 2024 and there are a total of 20,426,158 shares of common stock outstanding as of such date. As some of our shares of common stock are held in "street name" by brokers on behalf of shareholders, we are unable to estimate the total number of beneficial holders of our common stock represented by these record holders.

 Dividends

 We have not declared any cash dividends, nor do we currently intend to do so. We are not subject to any legal restrictions respecting the payment of dividends, except that they may not be paid to render us insolvent. Dividend policy will be based on our cash resources and capital business requirements. It is anticipated that all available cash will be needed for our operations in the foreseeable future.

 Securities Authorized for Issuance Under Equity Compensation Plans

 The following table presents information as of December 31, 2023 with respect to compensation plans under which shares of our common stock may be issued.

 Plan category

 Number of securities to

 be issued upon exercise

 of outstanding options,

 warrants and rights

 (a)

 Weighted-average

 exercise price of

 outstanding options,

 warrants and rights

 (b)

 Number of securities

 remaining available for

 future issuance under

 equity compensation plans

 (excluding securities

 in column (a)) (c)

 [1]

 Equity compensation plans approved by security holders

 $

 0.30

 1,752,616

 Equity compensation plans not approved by securities holders

 None

 None

 None

 Total

 $

 0.30

 1,752,616

 [1] The aggregate number of shares of common stock reserved for issuance under the Company's Amended and Restated Stock Option Plan (the "Plan") is fixed at 10% of the total number of issued and outstanding shares from time to time, such that the shares of common stock reserved for issuance under the Plan will increase automatically with increases in the total number of Shares issued and outstanding.

 Recent Sales of Unregistered Securities

 None.

 Purchases of Equity Securities

 During the twelve months ended December 31, 2023, there were no purchases of shares of common stock made by, or on behalf of, the Company or any "affiliated purchaser," as defined by Rule 10b-18 of the Exchange Act.

 ITEM 6.

 SELECTED FINANCIAL DATA.

 We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information under this item.

 ITEM 7.

 MANAGEMENT ' S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION.

 Cautionary Statement

 This Management's Discussion and Analysis includes a number of forward-looking statements that reflect our current views with respect to future events and financial performance. Forward-looking statements are often identified by words like: "believe," "expect," "plan", "estimate," "anticipate," "intend," "project," "will," "predicts," "seeks," "may," "would," "could," "potential," "continue," "ongoing," "should" and similar expressions, or words which, by their nature, refer to future events. You should not place undue certainty on these forward-looking statements, which apply only as of the date of this Form 10-K. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or from our predictions. We undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise.

 Overview

 MCX Technologies Corporation ("we," "us," "our," or the "Company") intends to acquire or develop a technology that would become the Company's new operating platform which may include innovations directed toward the internet's evolution into the Web 3. During the first quarter of 2022 and the year 2021, through our subsidiary The Collective Experience LLC we generated revenue by delivering digital transformation solutions to customer centric organizations through integrated marketing, data science, and commerce. We have ceased operations under TCE and we are now transitioning the focus of the Company toward new technologies.

 The Company formed a wholly owned subsidiary, McorpCX, LLC ("McorpCX LLC") as a limited liability company in the state of Delaware on December 14, 2017. On August 16, 2018, the Company entered into a contribution agreement with McorpCX LLC pursuant to which the Company transferred to McorpCX LLC all the Company's assets and liabilities related to the Company's customer experience consulting business, excluding the underlying technology and databases related thereto which remained with the Company.

 Effective August 3, 2020, the Company sold all of its membership interests in McorpCX, LLC to mfifty, LLC, a California limited liability company controlled by Michael Hinshaw, the then current President of McorpCX LLC (the "Purchaser"). Since the Company's professional and related consulting services business, which constituted substantially all of the Company's operations at the time of the sale of McorpCX LLC, was conducted through McorpCX LLC, the sale of McorpCX LLC represented a strategic shift that had a major effect on the Company's operations and financial results.

 As consideration for the sale of McorpCX LLC, the Company received a total of $352,000 in cash consisting of $100,000 received upon the signing of the purchase agreement and $252,000 received at the closing of the transaction along with a $756,000 promissory note. The promissory note has an initial annual interest rate of 0.99% (to be recalculated at the end of each twelve-month period subsequent to the date of the note based on the annual Applicable Federal Rate for mid-term loans on the first business day following each such twelve-month period) accruing daily on the outstanding balance of the note, and monthly principal payments are payable to the Company over a term of four or more years. Monthly principal payments to the Company were initially $7,292 per month for the first twelve months following the date of the note, and then during each subsequent twelve-month period are based on the annual revenues of McorpCX, LLC. On June 11, 2021, the Company and the Purchaser entered into an amendment to the promissory note whereby the Purchaser agreed to pay the Company One Hundred Thousand Dollars ($100,000) on or before July 1, 2021 to be applied towards the outstanding principal amount of the promissory note and then going forward to pay the remaining principal amount in installments of Twenty Thousand Dollars ($20,000) each due on the first day of each month commencing on August 1, 2021 until the principal amount is paid in full, with the final payment being the remaining unpaid outstanding balance due at that time. The amendment to the promissory note also provides that the promissory note will be considered paid in full if any of the following occurs: (i) the Purchaser pays at least 90% of the outstanding balance due (principal and interest) under the promissory note by December 31, 2021; (ii) the Purchaser pays at least 95% of the outstanding balance due under the promissory note by June 30, 2022; and (iii) the Purchaser pays at least 97.5% of the outstanding balance due (principal and interest) under the promissory note by December 31, 2022. The Company has received a total of $579,378 as of December 31, 2022, which is less than 97.5% of the original outstanding balance, and as such the promissory note is not considered paid in full. The note is secured by the Purchaser's ownership interest in McorpCX LLC.

 On November 12, 2020, the Company formed a wholly owned subsidiary, The Collective Experience, LLC (the "Collective Experience" or "TCE") as a Delaware limited liability company. The Company is currently providing all of its digital transformation and marketing management consulting services, which was the Company's sole revenue generating operations, through the Collective Experience.

 Sources of Revenue

 Our only source of revenue was derived from providing digital transformation services through our subsidiary The Collective Experience LLC, that included brand strategy, data science, pricing science, customer experience management consulting and implementation in support of these strategies. As of April 1, 2022, TCE ceased signing new client engagements since we are no longer pursuing that segment in order to focus on alternative technologies.

 Operating Expenses

 Cost of Goods Sold

 Cost of goods sold consisted primarily of expenses directly related to providing professional and consulting services. Those expenses include contract labor, third-party services, and materials and travel expenses related to providing professional services to our clients.

 General and Administrative Expenses

 General and administrative expenses consist primarily of finance and accounting, legal, software subscriptions, insurance, stock compensation expense, client delivery, and sales and marketing. These expenses also include contract services, as well as marketing and promotion costs, professional fees, software license fee expenses, administrative costs, insurance, rent and a portion of travel expenses and other overhead, which are categorized as "other general and administrative expenses" in our consolidated financial statements. In addition, the other general and administrative expenses include the professional fees, filing, and registration costs necessary to meet the requirements associated with having to file reports with the United States Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, as well as having our stock listed on the TSX Venture Exchange in Canada and quoted on the OTC Pink Sheets in the United States.

 Critical Accounting Policies and Estimates

 Our consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles ("GAAP"). The preparation of these consolidated financial statements requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, expenses and related disclosures. We evaluate our estimates and assumptions on an ongoing basis.

 Our estimates are based on historical experience and various other assumptions that we believe to be reasonable under the circumstances. Our actual results could differ from these estimates. We believe that the assumptions and estimates associated with revenue recognition have the greatest potential impact on our consolidated financial statements.

 Revenue Recognition

 The Company's revenue consisted primarily of professional and consulting services, as well as reimbursable expenses billed to clients, software-enabled product sales and other revenues. Other revenue included reimbursement of related travel costs and out-of-pocket expenses.

 The Company's consulting services were contracted under master terms and conditions with statements of work ("SOW") defined for each project. A typical consulting SOW would span a period of 60-180 days and will usually be billed to the client based on certain milestones being achieved throughout the SOW. The Company recognized revenue based upon a percentage of completion of each SOW during each project. In addition, we incurred travel and other miscellaneous expenses during work on each SOW which we bill our clients for reimbursement. The travel and miscellaneous expenses were recognized in revenue on a percentage of work complete basis. In addition, some clients would enter annual or longer-term contracts that would have a monthly retainer for general consulting and project services. The revenue for these engagements was recognized on straight-line basis monthly during the term of the contract.

 Contract costs, such as commissions, are typically incurred contemporaneously with the pattern of revenue recognition and, as such, are expensed as incurred. See Note 3 Revenue Recognition for further information.

 Income Taxes

 No provision for income taxes at this time is being made due to the offset of cumulative net operating losses. A full valuation allowance has been established for deferred tax assets based on a "more likely than not" threshold. The ability to realize deferred tax assets depends on our ability to generate sufficient taxable income within the carry forward periods provided under the United States Internal Revenue Code of 1986, as amended and the rules promulgated thereunder. While the Company's statutory tax rate can vary depending on taxable income level, the effective tax rate is currently 0% mostly because of the valuation allowance described above. The Company does not have any material uncertainties with respect to its provisions for income taxes.

 Stock-Based Compensation

 Stock-based compensation cost is measured at the grant date using a Black-Scholes valuation model and is recognized as expense over the requisite service period. Determining the fair value of stock-based awards at the grant date requires judgment and assumptions, including expected volatility. In addition, judgment is also required in estimating the amount of stock-based awards that are expected to be forfeited. If actual results differ significantly from these estimates, stock-based compensation expense and our results of operations could be impacted.

 Results of Continuing Operations

 Revenues & Cost of Goods Sold

 During the year ending December 31, 2022, we had $101,409 in revenue recognized as well as the related cost of goods sold of $99,350 generated through continuing operations from one customer contracts entered into in 2021 that carried over into 2022.

 2023

 2022

 Net Operating Loss

 $

 (238,745

)

 $

 (460,003

)

 $

 221,258

 %

 For the year ended December 31, 2023 we had net operating loss of $238,745 compared to a net operating loss of $460,003 in 2022. The decrease in net operating loss in 2023 compared to 2022 was primarily a result of the elimination of the costs associated with the discontinuance and expenses associated with the winding up of the TCE operations.

 2023

 2022

 Salaries and Wages

 $

 $

 $

 nm

 There were no employees of the Company during the year ended December 31, 2023 and 2022.

 2023

 2022

 Contract Services

 $

 $

 75,212

 $

 (75,212

)

 (nm

 %)

 Contract services expenses decreased during the year ended December 31, 2023 compared to 2022 due to reduction in operations. In addition, while the Company is transitioning to Web 3 technologies, we have classified all executive, finance, and administrative services under Other General and Administrative expense.

 2023

 2022

 Other General and Administrative

 $

 238,745

 $

 386,850

 $

 (148,105

)

 (38%

)

 Other general and administrative costs decreased by $148,105 during the year ended December 31, 2023 compared to 2022 primarily due to an overall decrease in sales, marketing, legal, accounting and travel expenses in 2023 compared to 2022.

 2022

 2021

 Other income/(expense)

 $

 41,615

 $

 (5,549

)

 $

 47,164

 (850

)%

 Other expenses were consistent year over year and primarily consisted of non-recurring other expenses, offset by intercompany liabilities eliminated from the discontinuance of the TCE subsidiary.

 Liquidity and Capital Resources

 We measure our liquidity in a variety of ways, including the following:

 2023

 2021

 Cash and cash equivalents

 $

 46,069

 $

 2,595

 Working capital

 $

 (58,899

)

 $

 (98,381

)

 Anticipated Uses of Cash

 As of December 31, 2023, our cash and cash equivalents and working capital had increased to $46,069 and a negative $(58,899), respectively, from $2,595 and $(98,381) as of December 31, 2022.

 For the year ended December 31, 2023 and 2022, we were able to finance our operations with cash generated through cash on hand as well as proceeds of the sale of McorpCX, LLC that took place in 2020. The accompanying consolidated financial statements have been prepared in accordance with GAAP applicable to a going concern, which contemplates the realization of assets and the satisfaction of liabilities and commitments in the normal course of business, however, the Company will need to raise additional capital to continue operations.

 During the year ended December 31, 2023, our primary uses of cash included third party contractors to support our general and administrative expenses and to support seeking new business activities.

 We currently plan to fund our expenditures with cash on hand as well as cash flows generated from new revenue sources as a digital transformation company. We will need to raise additional capital through debt financing and common stock sales if we cannot commence generating revenue. We do not intend to pay dividends in the foreseeable future. In addition to the note receivable due to the Company, we are seeking new sources of revenue to fund our capital requirements for our business during the next 12 months.

 We received total consideration of $1,108,000 consisting of $352,000 in cash and a $756,000 promissory note for the sale of McorpCX, LLC, which was completed on August 3, 2020, which applied to transaction costs as well as investment toward becoming a technology solutions business. The collection of the promissory note is expected to enable us to meet our liquidity needs over the next 12 months. Notwithstanding the foregoing, our ability to continue as a going concern is entirely dependent upon our ability to achieve a level of profitability, and/or to raise additional capital through debt financing and/or through sales of common stock. We cannot provide any assurance that profits from operations, if any, will generate sufficient cash flow to meet our working capital needs and service our existing obligations, nor that sufficient capital can be raised through debt or equity financing.

 We intend to continue to seek ways to transition our business to new technologies, including through acquisitions, mergers, licensing arrangements, joint-ventures new capital resources will be required. Depending on the size of a transaction, the capital resources that will be required can be substantial, and there is no assurance these capital resources will be available to us when required.

 Cash Flow for the Years Ended December 31, 2023 and 2022

 Operating Activities. Net cash used in operating activities decreased to $208,989 for the year ended December 31, 2023 compared to net cash used in operating activities of $367,957 in 2022. This decrease in cash used in operating activities in 2023 compared to 2022 was primarily due to a reduction in net losses in 2023 compared to 2022.

 Investing Activities. There was cash provided by investing activities of $236,612 for the year ended December 31, 2023 due to cash received from the related party notes receivable issued in connection with the sale of McorpCX, LLC. In 2022, cash provided by investing activities of $319,159 was due to cash received from the related party notes receivable issued in connection with the sale of McorpCX, LLC plus proceeds from the sale of vacant land.

 Financing Activities. During the year ended December 31, 2023, we received net financing proceeds of $15,851 from a note payable from the Company's Chief Financial Officer. There was no cash provided by or used in financing activities for the year ended December 31, 2022.

 Contractual Obligations

 We lease one office in Boise, ID on a month-to-month basis. We do not have any debt capital lease obligations.

 ITEM 7A.

 QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

 We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information under this item.

 ITEM 8.

 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

 Audit ID: 9999 Audit Firm: NA Audit location: NA

 INDEX TO THE FINANCIALS

 FINANCIAL STATEMENTS

 Consolidated Balance Sheets

 Consolidated Statements of Operations

 Consolidated Statements of Changes in Shareholders' Equity

 Consolidated Statements of Cash Flows

 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

 Consolidated Balance Sheets

 (Unaudited)

 2023

 2022

 Assets

 Current assets:

 Cash and cash equivalents

 $

 46,069

 $

 2,595

 Accounts receivable

 -

 -

 Other Current Assets

 -

 15,521

 Total current assets

 46,069

 18,116

 Long term assets:

 Land

 -

 -

 Notes receivable - related party

 16,126

 252,738

 Total assets

 $

 62,195

 $

 270,854

 Liabilities and Shareholders' Equity

 Liabilities:

 Accounts payable and accrued liabilities

 $

 88,767

 $

 116,497

 Note Payable Related Party

 16,201

 -

 Total current liabilities

 104,968

 116,497

 Total liabilities

 104,968

 116,497

 Shareholders' equity:

 Common stock, no par value, 500,000,000 shares authorized, 20,426,158 shares issued and outstanding at December 31, 2023 and December 31, 2022

 -

 -

 Additional paid-in capital

 Accumulated deficit

 ( 6,662,990

)

 ( 6,465,860

)

 Total shareholders' equity

 ( 42,773

)

 154,357

 Total liabilities and shareholders' equity

 $

 62,195

 $

 270,854

 The accompanying notes are an integral part of these consolidated financial statements.

 Consolidated Statements of Operations

 2023

 2022

 (Unaudited)

 Revenue, net

 $

 -

 $

 101,409

 Cost of goods sold

 -

 99,350

 Gross profit

 -

 2,059

 Expenses

 Salaries and wages

 -

 -

 Contract services

 -

 75,212

 Other general and administrative

 238,745

 386,850

 Total expenses

 238,745

 462,062

 Net operating loss

 ( 238,745

)

 ( 460,003

)

 Other Income/(expense)

 41,615

 ( 5,549

)

 $

)

 $

)

 Net loss per share-basic and diluted:

 Continuing operations

 $

 ( 0.01

)

 $

 ( 0.02

))

 Total earnings

 $

 ( 0.01

)

 $

 ( 0.02

))

 Weighted average common shares outstanding-basic and diluted

 The accompanying notes are an integral part of these consolidated financial statements.

 Consolidated Statements of Changes in Shareholders' Equity

 Common Stock

 Additional

 Paid in

 Retained

 Earnings

 (Accumulated

 Shares

 Amount

 Capital

 Deficit)

 Total

 Balance at December 31, 2021

 $

 -

 $

 $

 ( 6,000,308

)

 $

 619,909

 -

 -

 -

)

)

 Balance at December 31, 2022

 $

 -

 $

 $

 ( 6,465,860

)

 $

 154,357

 -

 -

 -

)

)

 Balance at December 31, 2023

 $

 -

 $

 $

 ( 6,662,990

)

 $

 ( 42,773

)

 The accompanying notes are an integral part of these consolidated financial statements.

 Consolidated Statements of Cash Flows

 2023

 2022

 (Unaudited)

 CASH FLOWS FROM OPERATING ACTIVITIES:

 $

)

 $

)

 Adjustments to reconcile net loss to net cash used in operations:

 Stock compensation expense

 -

 Gain on the sale of land

 -

 ( 1,530

 Bad debt expense

 -

 40,000

 Changes in operating assets and liabilities:

 Accounts receivable

 -

 130,874

 Other assets

 15,521

 ( 15,521

)

 Accounts payable and accrued liabilities

 ( 27,380

)

 ( 47,483

)

 Deferred revenue

 -

 ( 8,745

)

 Net cash used in operating activities

 ( 208,989

)

 ( 367,957

)

 INVESTING ACTIVITIES

 Cash received from sale of land

 -

 86,530

 Cash received from notes receivable - related party

 236,612

 232,629

 Net cash provided by investing activities

 236,612

 319,159

 FINANCING ACTIVITIES

 Payments on note payable – related party

 ( 4,149

)

 -

 Cash received from notes payable - related party

 20,000

 -

 Net cash provided by investing activities

 15,851

 -

 Increase/(Decrease) in cash and cash equivalents

 43,474

 ( 48,798

)

 Cash and cash equivalents, beginning of period

 2,595

 51,393

 Cash and cash equivalents, end of period

 $

 46,069

 $

 2,595

 Supplemental disclosure of cash flow information:

 Continuing operations

 Interest paid

 $

 $

 -

 Income taxes paid

 -

 -

 The accompanying notes are an integral part of these consolidated financial statements.

 MCX TECHNOLOGIES CORPORATION

 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

 DECEMBER 31, 2022 & 2021

 Note 1: Organization and Basis of Presentation

 MCX Technologies Corporation ("we," "us," "our," or the "Company") intends to acquire or develop a technologies that would become the Company's new operating platform which may include innovations directed toward the internet's evolution into the Web 3. During the first quarter of 2022 and the year 2021, through our subsidiary The Collective Experience LLC we generated revenue by delivering digital transformation solutions to customer centric organizations through integrated marketing, data science, and commerce. We have ceased operations under TCE and we are now transitioning the focus of the Company toward new technologies.

 We were incorporated in the State of California on December 14, 2001, as a customer experience ("CX") management solutions company dedicated to helping organizations improve customer experiences, increase customer loyalty, reduce cost and increase revenue. The Company operated as The Innes Group, Inc., d/b/a MCorp Consulting until filing a Certificate of Amendment to the Articles of Incorporation renaming the Company Touchpoint Metrics, Inc., effective October 18, 2011. On June 11, 2015, our shareholders passed a resolution to change the name of the Company to McorpCX, Inc., and on June 29, 2020, in connection with the sale of McorpCX, LLC, as described below, our shareholders passed a resolution to change the name of the Company to MCX Technologies Corporation.

 The Company formed a wholly owned subsidiary, McorpCX, LLC ("McorpCX LLC") as a limited liability company in the state of Delaware on December 14, 2017. On August 16, 2018, the Company entered into a contribution agreement with its wholly owned subsidiary McorpCX LLC, pursuant to which the Company transferred to McorpCX LLC all of the Company's assets and liabilities related to the Company's customer experience consulting business, excluding the underlying technology and databases related thereto which remained with the Company.

 Effective August 3, 2020, the Company sold all of its membership interests in McorpCX, LLC to mfifty, LLC, a California limited liability company controlled by Michael Hinshaw, the President of McorpCX LLC (the "Purchaser"). Since the Company's professional and related consulting services business, which constituted substantially all of the Company's operations at the time of the sale of McorpCX LLC, was conducted through McorpCX LLC, the sale of McorpCX LLC represented a strategic shift that we had a major effect on the Company's operations and financial results.

 As consideration for the sale of McorpCX LLC, the Company received a total of $ 352,000 in cash consisting of $ 100,000 received upon the signing of the purchase agreement and $ 252,000 received at the closing of the transaction along with a $ 756,000 promissory note. The promissory note has an initial annual interest rate of 0.99 % (to be recalculated at the end of each twelve-month period subsequent to the date of the note based on the annual Applicable Federal Rate for mid-term loans on the first business day following each such twelve month period) accruing daily on the outstanding balance of the note, and monthly principal payments are payable to the Company over a term of four or more years. Monthly principal payments to the Company were initially $ 7,292 per month for the first twelve months following the date of the note, and then during each subsequent twelve-month period are based on the annual revenues of McorpCX, LLC. The note is secured by the Purchaser's ownership interest in McorpCX LLC. On June 11, 2021, the note was amended whereby the obligor would pay $ 100,000 principal payment on or before July 1, 2021 and the remaining principal and interest would be paid in installments of $ 20,000 per month due on the first day of each month.

 On November 12, 2020, the Company formed a wholly owned subsidiary, The Collective Experience, LLC (the "Collective Experience" or "TCE") as a Delaware limited liability company. The Company was providing all of its digital transformation and marketing management consulting services, which was the Company's sole revenue generating operations, through the Collective Experience.

 The Company lacks financial resources to complete an audit of its year-ended December 31, 2023 financial statements. As such, were the results to be audited, potential adjustments might result and the final reported results could be materially different from those presented herein. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted. These consolidated financial statements should be read in conjunction with the consolidated financial statements included in our Annual Report for the year ended December 31, 2022, filed on Form 10-K with the SEC on March 31, 2023.

 Note 2: Summary of Significant Accounting Policies

 The consolidated financial statements of the Company are presented on the accrual basis. All intercompany accounts and transactions have been eliminated in consolidation. The significant accounting policies followed are described below to enhance the usefulness of the consolidated financial statements to the reader.

 Use of Estimates

 The preparation of the consolidated financial statements is in conformity with accounting principles generally accepted in the United States of America. This requires management to make estimates and assumptions that affect the reported amounts and disclosures at the date of the consolidated financial statements and during the reporting period. Actual results could differ from those estimates.

 Cash and Cash Equivalents

 Cash and cash equivalents are comprised of highly liquid investments with original maturity dates of less than three months that are not reported as investments. While the Company may maintain cash and cash equivalents in bank deposit accounts, which at times exceed Federal Deposit Insurance Corporation insured limits, we have not experienced any losses in such accounts.

 Management believes it is not exposed to any significant credit risk on cash and cash equivalents.

 Accounts receivable and allowance for doubtful accounts

 Accounts receivable are recorded at the invoiced amount, do not require collateral, and do not bear interest. The Company estimates its allowance for doubtful accounts by evaluating specific accounts where information indicates the Company's customers may have an inability to meet financial obligations, such as bankruptcy and significantly aged receivables outstanding. No allowance for doubtful accounts is required to be recognized as of December 31, 2023 and 2022.

 Fair Value of Financial Instruments

 Effective July 1, 2009, the Company adopted Accounting Standards Codification Topic 820, Fair Value Measurements (ASC 820). ASC 820 defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements.

 ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC 820 also establishes a fair market hierarchy, which requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels based on the reliability of the inputs to determine the fair value:

 Level 1, defined as inputs such as unadjusted quoted prices in active markets for identical assets or liabilities;

 Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and

 Level 3, defined as unobservable inputs for use when little or no market data exists, therefore requiring an entity to develop its own assumptions.

 The Company's consolidated financial instruments consist of cash and cash equivalents, accounts receivable, and accounts payable. The carrying amount of cash, accounts receivable and accounts payable approximates fair value because of the short-term nature of these items. The Company does not have any financial instruments that are required to be fair valued on a recurring basis as of December 31, 2023 and 2022.

 Advertising Expense

 Advertising is expensed as incurred. There was $ 0 and $ 5,925 of advertising expense during the twelve months ended December 31, 2023 and 2022, respectively.

 Property, Equipment, and Depreciation

 Property and equipment are stated at cost less accumulated depreciation. Betterments, renewals, and extraordinary repairs over $1,000 that extend the life of the assets are capitalized; other repairs and maintenance are expensed. We measure property, plant and equipment, at fair value on a nonrecurring basis. The cost and accumulated depreciation applicable to assets retired are removed from the accounts, and the gain or loss on disposition is recognized as other income or expense. Depreciation and amortization is computed on the straight line method over the applicable estimated depreciable life as follows:

 Depreciable Asset Class

 Depreciable Life

 Real Property Improvements (Years)

 Computer Equipment (Years)

 Furniture and Fixtures (Years)

 Leasehold Improvements (Years)

 Shorter of useful life or term of the lease

 Machinery and Equipment (Years)

 Stock-Based Compensation

 We account for share based payments by recognizing compensation expense based upon the estimated fair value of the awards on the date of grant. We determine the estimated grant-date fair value of restricted shares using quoted market prices and the grant-date fair value of stock options using the Black-Scholes option pricing model. In order to calculate the fair value of the options, certain assumptions are made regarding the components of the model, including the estimated fair value of underlying common stock, risk-free interest rate, volatility, expected dividend yield and expected option life. Changes to the assumptions could cause significant adjustments to the valuation. We recognize compensation costs ratably over the period of service using the straight-line method.

 Revenue Recognition

 The Company's revenue consisted primarily of professional and consulting services, as well as reimbursable expenses billed to clients, software-enabled product sales and other revenues. Other revenue included reimbursement of related travel costs and out-of-pocket expenses.

 The Company's consulting services were contracted under master terms and conditions with statements of work ("SOW") defined for each project. A typical consulting SOW would span a period of 60-180 days and will usually be billed to the client based on certain milestones being achieved throughout the SOW. The Company recognized revenue based upon a percentage of completion of each SOW during each project. In addition, we typically incur travel and other miscellaneous expenses during work on each SOW which we bill to our clients for reimbursement. The travel and miscellaneous expenses were recognized in revenue on a percentage of work complete basis. In addition, some clients would enter into annual or longer-term contracts that will have a monthly retainer for general consulting and project services. The revenue for these engagements was recognized on straight-line basis monthly during the term of the contract.

 Contract costs, such as commissions, are typically incurred contemporaneously with the pattern of revenue recognition and, as such, are expensed as incurred.

 See Note 3 Revenue Recognition for further information.

 Income Taxes

 We use the asset and liability method of accounting for income taxes. Under this method, deferred tax assets and liabilities are determined based on the differences between the financial reporting and the tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. A valuation allowance is provided when it is more likely than not that some portion or all of a deferred tax asset will not be realized.

 No provision for income taxes at this time is being made due to the offset of cumulative net operating losses. A full valuation allowance has been established for deferred tax assets based on the "more likely than not" threshold. The ability to realize deferred tax assets depends on our ability to generate sufficient taxable income within the carry forward periods provided in the tax law.

 While the Company's statutory tax rate approximates 21 %, the effective tax rate is 0 % due to the effects of the valuation allowance described above. The Company does not have any material uncertainties with respect to its provisions for income taxes.

 Recent Accounting Pronouncements

 The Company reviewed newly issued accounting pronouncements and concluded that they either are not applicable to the Company's operations or that no material effect is expected on the Company's financial statements upon future adoption.

 Note 3: Revenues

 Consulting Service Revenues

 As of December 31, 2023, we did not have any source of revenue. In the year ended December 31, 2022, our only source of revenue from continued operations was derived from engagements managed within our wholly owned subsidiary, The Collective Experience LLC ("TCE") that is providing digital Transformation services include brand strategy, data science, pricing science, customer experience management consulting and implementation in support of these strategies. The Company's consulting services were contracted under master terms and conditions with statements of work ("SOW") defined for each project. A typical consulting SOW would span a period of 60-180 days and will usually be billed to the client based on certain milestones being achieved throughout the SOW. The Company recognized revenue based upon a percentage of completion of each SOW during each project. In addition, we typically incur travel and other miscellaneous expenses during work on each SOW which we bill to our clients for reimbursement. The travel and miscellaneous expenses were recognized in revenue on a percentage of work complete basis. In addition, some clients would enter into annual or longer-term contracts that would have a monthly retainer for general consulting and project services. The revenue for these engagements was recognized on straight-line basis monthly during the term of the contract.

 Accrued Revenues

 The timing of revenue recognition, invoicing and cash collections affect trade accounts receivable and accrued revenue on the Consolidated Balance Sheets. Accrued revenue represents revenue on contracts that is recognized according to performance obligations being met and exceeds the amount that has been billed to the customer. Accrued revenue is separately presented in the Consolidated Balance Sheets.

 Deferred Revenues (Contract Liabilities)

 The Company recorded deferred revenues when cash payments were received, including amounts which were refundable.

 Payment terms vary by customer and the products or services offered. For certain products or services and customer types, full or a partial payment of the entire contract is required before the products or services are delivered to the customer.

 During the twelve months ended December 31, 2023 there was $ 0 revenue recognized related deferred revenue.

 Contract Assets

 Given the nature of the Company's services and contracts, it has no contract assets.

 Practical Expedients and Exemptions

 The Company generally expenses sales commissions when incurred because the amortization period would have been one year or less and the commissions are only due and payable upon receipt of payment from the client. These costs are recorded within sales and marketing expenses.

 The Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which we recognize revenue at the amount to which we have the right to invoice for services performed.

 Note 4: Stock-Based Compensation

 Our stock-based compensation plan was originally established in 2008. The shares of our common stock issuable pursuant to the terms of such plan (the "Plan Shares") could not exceed 30 % of any outstanding issue or 2,500,000 shares, whichever was the lower amount.

 In December 2015, we adopted a revised share option plan in which Plan Shares cannot exceed 10 % of the total issued and outstanding shares at any given time. All stock option grants have an exercise price equal to the fair market value of our common stock on the date of the grant and all option grants have a 10 -year term. This share option plan was initially approved by the Company's shareholders at the annual meeting of shareholders on August 10, 2016 and is required to be re-approved at each subsequent annual meeting of the Company's stockholders since that date, in accordance with applicable TSX-V rules.

 To calculate the fair value of stock options at the date of grant, we use the Black-Scholes option pricing model. The volatility used is based on a blended historical volatility of our own stock and similar sized companies due to the limited historical data available for our own stock price. The expected term was determined based on the simplified method outlined in Staff Accounting Bulletin No. 110. The risk-free interest rate for periods within the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of grant.

 The following table summarizes our stock option activity for the twelve months ended December 31, 2023 and 2022:

 Shares

 Weighted

 Average

 Exercise

 Price

 Weighted

 Average

 Remaining

 Contractual

 Term (in years)

 Aggregate

 Intrinsic

 Value

 Outstanding at December 31, 2022

 690,000

 $

 0.23

 6.63

 -

 Granted

 -

 -

 -

 -

 Exercised

 -

 -

 -

 -

 Cancelled

 -

 -

 -

 -

 Forfeited or expired

 400,000

 -

 -

 -

 Outstanding at December 31, 2023

 $

 0.30

 4.63

 -

 Exercisable at December 31, 2023

 $

 0.30

 4.63

 $

 -

 Unvested

 -

 At December 31, 2023, 290,000 stock options were exercisable and no compensation cost related to share-based compensation grants was recognized for the year ended December 31, 2023. There was no unrecognized compensation expense from stock options at December 31, 2023.

 There were no options granted during the year ended December 31, 2023.

 There were no nonvested options during the year ended December 31, 2023.

 Note 5: Concentrations

 As of December 31, 2023, there was no sales to customers. During the year ended December 31, 2022 we had sales to one customers. The sale was made without collateral and the credit-related losses have been insignificant however if there is no provision made to include an allowance for doubtful accounts.

 Note 6: Commitments and Contingencies

 Leases

 Our corporate headquarters, located at 176 South Capital Blvd., Boise, Idaho 83702 is a leased space, which we lease on a month-to-month basis for $ 100 a month.

 Note 7: Income Taxes

 We use the asset and liability method of accounting for income taxes. Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. 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 reverse. At December 31, 2022 and 2021 net deferred tax assets were fully offset by a valuation allowance. The Company is no longer subject to U.S. federal tax examinations by tax authorities for years before 2018 and for state examinations by tax authorities for years before 2017.

 As of December 31, 2023, the Company has net operating loss carry-forwards of approximately $ 5,900,000 that will begin to expire in 2033. Pursuant to Sections 382 and 383 of the Internal Revenue Code, the utilization of NOLs and other tax attributes may be subject to substantial limitations if certain ownership changes occur during a three-year testing period (as defined by the Internal Revenue Code). A valuation allowance was established for all the net deferred tax assets because realization is not assured. The components of the deferred tax assets consist of the following:

 2023

 2022

 Net operating losses

 $

 197,130

 $

 465,552

 Less: valuation allowance

)

)

 Net deferred tax assets

 $

 -

 $

 -

 Note 8: Basic and Diluted Net Income / (Loss) per Share

 Net income (loss) per share was computed by dividing the net income (loss) by the weighted average number of common shares outstanding during the period. The weighted average number of shares was calculated by taking the number of shares outstanding and weighting them by the amount of time that they were outstanding. For the twelve months ended December 31, 2023 and 2022, the assumed exercise of share options is anti-dilutive and are excluded from the determination of net income (loss) per share – basic and diluted. The share options were anti-dilutive due to the Company's net loss or the Company's common stock average market price was less than the share options exercise price. Accordingly, net income / (loss) per share basic and diluted are equal in all periods presented. Securities that were not included in the diluted per share calculations because they would be anti-dilutive were options to purchase common stock of 290,000 for the twelve months ended December 31, 2023 and 2022.

 The computations for basic and diluted net loss per share are as follows:

 2022

 2021

 $

)

 $

)

 Basic and diluted weighted average common shares outstanding

 Net loss income per share, basic and diluted

 $

 ( 0.01

)

 $

 ( 0.02

)

 Note 9: Going Concern

 The accompanying consolidated financial statements and notes have been prepared assuming that the Company will continue as a going concern.

 We have had material operating losses and have not yet created positive cash flows for a full fiscal year. These factors raise substantial doubt as to our ability to continue as a going concern. On August 3, 2020, the Company completed the sale of all of the membership interests in McorpCX, LLC, of which the proceeds of $ 1,108,000, consisting of $ 352,000 in cash and a $ 756,000 promissory note, were applied to transaction costs as well as investment toward becoming a technology solutions business. The remaining balance of $252,738 on the promissory note is expected to enable us to meet our liquidity needs over the next 12 months. Notwithstanding the foregoing, our ability to continue as a going concern is entirely dependent upon our ability to achieve a level of profitability, and/or to raise additional capital through debt financing and/or through sales of common stock. We cannot provide any assurance that profits from operations, if any, will generate sufficient cash flow to meet our working capital needs and service our existing obligations, nor that sufficient capital can be raised through debt or equity financing. The consolidated financial statements do not include adjustments related to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might result should we be unable to continue as a going concern.

 Note 10: Notes Payable

 On January 23, 2023, the Company borrowed $ 20,000 from the Interim Chief Financial Officer and entered an unsecured Promissory Note that bears interest at the rate of 7 %. The accrued interest and outstanding principal balance is due on January 31, 2024, however a payment of $ 5,000 which included principal and accrued interest was paid by the Company during 2023.

 ITEM 9.

 CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.

 None

 ITEM 9A.

 CONTROLS AND PROCEDURES.

 Disclosure Controls and Procedure

 Pursuant to Rule 13a-15(b) and Rule 15d-15(b) under the Exchange Act, the Company carried out an evaluation, with the participation of the Company's management, including the Company's Chief Executive Officer and Chief Financial Officer, of the effectiveness of the Company's disclosure controls and procedures (as defined under Rule 13a-15(e) or Rule 15d-15(e) under the Exchange Act) as of the end of the period covered by this Report. Based upon that evaluation, the Company's management concluded that, as of December 31, 2023, the Company's disclosure controls and procedures were not effective to ensure that information required to be disclosed by the Company in the reports that the Company files or submits under the Exchange Act, is recorded, processed, summarized and reported, within the time periods specified in the SEC's rules and forms, and that such information is accumulated and communicated to the Company's management to allow timely decisions regarding required disclosure.

 It should be noted that any system of controls is based in part upon certain assumptions designed to obtain reasonable (and not absolute) assurance as to its effectiveness, and there can be no assurance that any design will succeed in achieving its stated goals.

 Internal Control Over Financial Reporting

 Our management is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Exchange Act as a process designed by, or under the supervision of, the Company's principal executive and principal financial officers and effected by the Company's board of directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of the consolidated financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America and includes those policies and procedures that:

 Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the Company;

 Provide reasonable assurance that transactions are recorded as necessary to permit preparation of the consolidated financial statements in accordance with accounting principles generally accepted in the United States of America and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and directors of the Company; and

 Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company's assets that could have a material effect on the consolidated financial statements.

 Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. All internal control systems, no matter how well designed, have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation. Because of the inherent limitations of internal control, there is a risk that material misstatements may not be prevented or detected on a timely basis by internal control over financial reporting. However, these inherent limitations are known features of the financial reporting process. Therefore, it is possible to design into the process safeguards to reduce, though not eliminate, this risk.

 As of December 31, 2023, management assessed the effectiveness of our internal control over financial reporting based on the criteria for effective internal control over financial reporting established in Internal Control—Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission ("COSO") and SEC guidance on conducting such assessments. Based on that evaluation, management concluded that, during the period covered by this report, such internal controls and procedures were not effective to detect the inappropriate application of GAAP rules as more fully described below. This was due to deficiencies that existed in the design or operation of our internal controls over financial reporting that adversely affected our internal controls and that were considered to be material weaknesses.

 The matters involving internal controls and procedures that our management considered to be material weaknesses under the standards of the Public Company Accounting Oversight Board were:

 (1)

 We do not have controls that are designed to provide adequate review and oversight of certain financial processes;

 (2)

 We do not have adequate evidence to support that controls are functioning as designed including evidence of review and oversight of certain financial processes; and

 (3)

 We do not have adequate written documentation of our internal control policies and procedures. Written documentation of key internal controls over financial reporting is a requirement of Section 404 of the Sarbanes-Oxley Act which is applicable to us. Management evaluated the impact of our failure to have written documentation of our internal controls and procedures on our assessment of our disclosure controls and procedures and has concluded that the control deficiency that resulted represented a material weakness.

 The aforementioned material weaknesses were identified by our Chief Executive Officer and Chief Financial Officer in connection with the preparation of our financial statements as of December 31, 2023.

 This annual report does not include an attestation report of our registered public accounting firm regarding internal control over financial reporting. Management's report was not subject to attestation by our registered public accounting firm pursuant to rules of the SEC that permit us to provide only management's report in this Annual Report on Form 10-K/A.

 Plan for Remediation of Material Weaknesses

 We are in the process of developing and implementing remediation plans to address our material weaknesses.

 Changes in internal controls over financial reporting

 We experienced some changes in internal controls some of which resulted in the aforementioned material weaknesses.

 ITEM 9B.

 OTHER INFORMATION.

 None.

 ITEM 9C.

 DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

 None.

 ITEM 10.

 DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.

 Officers and Directors

 Our directors will serve until their successor is elected and qualified. Our officers serve at the pleasure of the Company's board of directors (the "Board"). The Board has no nominating or compensation committees.

 The names, addresses, ages and positions of our officers and directors are set forth below:

 Name and Address

 Age

 Position(s)

 Interim Chief Executive Officer and Director

 176 South Capital Blvd

 Gregg Budoi

 Interim Chief Financial Officer and Director

 176 South Capital Blvd

 Susan Olsen

 Director

 176 South Capital Blvd

 The people named above are expected to hold their offices/positions until the next annual meeting of our stockholders.

 There are no family relationships between any of our directors or executive officers.

 Background of Officers and Directors

 Christopher Rowlison – Interim Chief Executive Officer and Director

 Mr. Rowlison has served as the Company's Interim Chief Executive Officer since December 31, 2022 and a director on the Board since November 11, 2020. Mr. Rowlison previously served as the Company's Chief Executive Officer from December 31, 2021 to December 31, 2022. From September 2018 to the present, Mr. Rowlison has served as the President of Liquid Agency, a Brand Experience Agency based in Silicon Valley. Prior to that, Mr. Rowlison was at Wire Stone, LLC where he spent 15 years in various positions, including Senior Vice President & Chief Client Officer from 2002 to 2017. Previously, Mr. Rowlison was Senior Director, Emerging Marketing Solutions for Hewlett-Packard from 2000 to 2002.

 The Board believes Mr. Rowlison brings to the Board an extensive background in the customer experience industry.

 Gregg Budoi – Interim Chief Financial Officer and Director

 Gregg Budoi has been a director since August 2018 and our Interim Chief Financial Officer since January 15, 2021. Mr. Budoi has previously served as the Company's Interim President and Chief Executive Officer from both August 16, 2018 to June 7, 2019 as well as from September 30, 2019 to February 3, 2020. Previously, Mr. Budoi served as the Company's Interim Chief Financial Officer from September 26, 2017 to November 6, 2018. Prior to becoming the Company's Interim Chief Financial Officer, Mr. Budoi was from 2014 to 2017 the Chief Financial Officer and member of the Board of Directors of Kalibrate Technologies Plc, a London Stock Exchange (AIM) listed SaaS software and consulting company. Prior to that, from 2007 to 2014 he was a co-founder and former President and CEO of EZ Energy USA, Inc. an Israeli company that operated 69 gas & convenience stores. Mr. Budoi has also been Managing Director at Barnes Wendling Corporate Finance, LLC, a financial advisory firm where from 2006 to 2007 he established a corporate finance advisory services platform and completed several corporate restructurings as well as M&A and capital raising transactions. Prior to that, he was Chief Executive Officer of his own financial advisory firm, Budoi & Company, Inc. from 2003 to 2006 and was from 1999 to 2003 the Chief Financial Officer, Vice President Finance and Treasurer of Dairy Mart Convenience Stores, Inc., where he led the strategic evaluation and recapitalization process for this publicly traded chain of over 850 convenience stores. Mr. Budoi holds a BS in Business Administration/Finance from Ohio State University, and a Master of Business Administration from Cleveland State University.

 The Board believes Mr. Budoi brings to the Board extensive executive management experience from several public and private companies, as well as significant experience in the SaaS software industry.

 Susan Olsen – Director

 Susan Olsen has been a director since January 27, 2022. Ms. Olsen has been the CFO/COO of Troxell Ennis & Hawley LLP law firm since 2001. Ms. Olsen guides Hawley Troxell's business objectives, culture, and the ethical requirements of the legal profession and is responsible for all financial and operational functions of the 75+ attorney law firm. Ms. Olsen is a Certified Legal Manager, holds a Master of Business Administration degree from Boise State University, and a Bachelor of Science degree in Business Administration from the Lewis Clark State College.

 The Board believes Ms. Olsen brings to the Board significant business and organizational management experience.

 Involvement in Certain Legal Proceedings

 During the past ten years, Mr. Rowlison, Mr. Budoi, and Ms. Olsen have not been the subject of the following events:

 1.

 A petition under the Federal bankruptcy laws or any state insolvency law filed by or against, or a receiver, fiscal agent or similar officer appointed by a court for the business or property of such person, or any partnership in which he/she was a general partner at or within two years before the time of such filing, or any corporation or business association of which he/she was an executive officer at or within two years before the time of such filing;

 2.

 Convicted in a criminal proceeding or named subject of a pending criminal proceeding (excluding traffic violations and other minor offenses);

 3.

 The subject of any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining him/her from, or otherwise limiting, the following activities;

 i)

 Acting as a futures commission merchant, introducing broker, commodity trading advisor, commodity pool operator, floor broker, leverage transaction merchant, any other person regulated by the Commodity Futures Trading Commission, or an associated person of any of the foregoing, or as an investment adviser, underwriter, broker or dealer in securities, or as an affiliated person, director or employee of any investment company, bank, savings and loan association or insurance company, or engaging in or continuing any conduct or practice in connection with such activity; or

 ii)

 Engaging in any type of business practice; or

 iii)

 Engaging in any activity in connection with the purchase or sale of any security or commodity or in connection with any violation of Federal or State securities laws or Federal commodities laws.

 4.

 The subject of any order, judgment or decree, not subsequently reversed, suspended or vacated, of any Federal or State authority barring, suspending or otherwise limiting for more than 60 days the right of such person to engage in any activity described in paragraph 3.i in the preceding paragraph or to be associated with persons engaged in any such activity;

 5.

 Found by a court of competent jurisdiction in a civil action or by the SEC to have violated any Federal or State securities law, and the judgment in such civil action or finding by the Commission has not been subsequently reversed, suspended, or vacated;

 6.

 Found by a court of competent jurisdiction in a civil action or by the Commodity Futures Trading Commission to have violated any Federal commodities law, and the judgment in such civil action or finding by the Commodity Futures Trading Commission has not been subsequently reversed, suspended or vacated;

 7.

 The subject of, or a party to, any Federal or State judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated, relating to an alleged violation of:

 i)

 Any Federal or State securities or commodities law or regulation; or

 ii)

 Any law or regulation respecting financial institutions or insurance companies including, but not limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or prohibition order, or

 iii)

 Any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or

 8.

 Was the subject of, or a party to, any sanction or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (as defined in Section 3(a)(26) of the Exchange Act (15 U.S.C. 78c(a)(26))), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act (7 U.S.C. 1(a)(29))), or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member.

 Audit Committee Financial Expert

 Our Board has determined that Ms. Olsen is an independent director under the standards established by the NASDAQ Stock Market and Ms. Olsen qualifies as an "audit committee financial expert" as defined in applicable SEC rules and along with Mr. Rowlison, comprise the audit committee of the Company.

 The Committees of the Board

 Due to the Company's current size, the only committee of the Company's board of directors is an audit committee. Our board of directors currently does not have a nominating or compensation committee and the functions normally performed by such committees are performed by the board of directors as a whole.

 Code of Ethics

 We have adopted a corporate code of ethics. We believe our code of ethics is reasonably designed to deter wrongdoing and promote honest and ethical conduct; provide full, fair, accurate, timely and understandable disclosure in public reports; comply with applicable laws; ensure prompt internal reporting of code violations; and provide accountability for adherence to the code. Our code of ethics applies to each of our executive officers. A copy of our code of ethics is included as an exhibit to this Annual Report on Form 10-K.

 Whistleblower Policy

 We have adopted a whistleblower policy that provides for the protection of our employees from our retaliation where an employee believes that we are violating some law, rule or regulation and wants to disclose the same to proper authorities or to the public at large. This policy further provides a mechanism whereby the employee may disclose the information to us in a confidential manner and may possibly resolve the issue without the need of going to third parties outside of our organization.

 Delinquent Section 16(a) Reports

 Section 16(a) of the Exchange Act requires our executive officers and directors, and persons who beneficially own more than 10% of our equity securities, to file reports of ownership and changes in ownership with the SEC. Officers, directors and greater than 10% stockholders are required by SEC regulation to furnish the Company with copies of all Section 16(a) forms they file. Based upon a review of information available to us and a review of the information filed with the SEC, with the exception of a Form 3 required to be filed by Susan Olsen, all officers, directors and owners of 10% or more of our shares of common stock have filed all reports required by Section 16(a) of the Exchange Act for the year ended December 31, 2023.

 ITEM 11.

 EXECUTIVE COMPENSATION.

 The Company has not entered into employment agreement(s) with any of the Company's named executive officers.

 The following table sets forth information with respect to compensation paid by us to our "named executive officers" (which includes our principle executive officer or "PEO" and our two highest compensated officers in 2023 outside of our PEO) for each of the last two years as well as all persons who served as our PEO during 2023 but were not serving in such position at the end of such year. No other executive officer of the Company received total compensation in 2023 or 2022 in excess of $100,000, and thus disclosure is not required for any other person other than for the persons below.

 Executive Officer Compensation Table

 (a)

 (b)

 (c)

 (d)

 (e)

 (f)

 (g)

 (h)

 (i)

 (j)

 Change in

 Pension Value &

 Nonqualified

 Non-Equity

 Deferred

 Name and

 Stock

 Option

 Incentive Plan

 All Other

 Principal

 Salary

 Bonus

 Awards

 Awards

 Earnings

 Totals

 Position

 Year

 ($)

 ($)

 ($)

 ($)

 ($)

 ($)

 ($)

 ($)

 Christopher Rowlison,

 2023

 Interim Chief Executive Officer

 2022

 Gregg Budoi,

 2023

 Former Chief Executive Officer and current Interim Chief Financial Officer [1]

 2022

 [1]

 Mr. Budoi was appointed our Interim Chief Financial Officer on January 15, 2021 and served as our Interim Chief Executive Officer until February 3, 2020

 The following table sets forth information with respect to compensation paid by us to our non-employee directors (all directors except for Mr. Budoi) during the last completed fiscal year ended December 31, 2023.

 Director Compensation Table

 (a)

 (b)

 (c)

 (d)

 (e)

 (f)

 (g)

 (h)

 Change in

 Pension Value &

 Fees

 Nonqualified

 Earned or

 Non-Equity

 Deferred

 Paid in

 Stock

 Option

 Incentive Plan

 All Other

 Cash

 Awards

 Awards

 Earnings

 Total

 Name

 ($)

 ($)

 ($)

 ($)

 ($)

 ($)

 ($)

 Susan Olsen

 Non-employee members of our board of directors may receive stock options granted under the Company's Amended and Restated Stock Option Plan (the "Plan") as consideration for their services on our board of directors. Should any director be awarded option grants the amount of those grants would be proportionate to their level of involvement with the activities of the board of directors (meeting attendance, service on committees, etc.). Additionally, in August 2017, the Company decided to pay a $2,500 monthly fee to our non-employee directors in consideration for their service on our board of directors. As of January 1, 2019, Mr. Quaye agreed that he would no long receive any monthly compensation to participate on the Board and no fees were paid to any of our non-employee directors during 2021 and 2022.

 There are no retirement, pension, or profit sharing plans for the benefit of our officers and directors other than the Plan. Securities offered under the Plan will consist exclusively of our shares of common stock. The aggregate number of shares of common stock reserved for issuance under the Plan is fixed at 10% of the total number of issued and outstanding shares of common stock from time to time, such that the shares of common stock reserved for issuance under the Plan will increase automatically with increases in the total number of shares of common stock issued and outstanding.

 If an option awarded under the Plan expires, is surrendered in exchange for another option, or terminates for any reason during the term of the Plan prior to its exercise in full, the shares of common stock subject to but not delivered under such option will be available for issuance pursuant to the exercise of future options granted under the Plan.

 The following table sets forth information with respect to outstanding equity awards held by our named executive officers at December 31, 2023.

 Outstanding Equity Awards at December 31, 2023

 Equity Incentive

 Equity Incentive

 Plan Awards:

 Plan Awards:

 Securities

 Securities

 Securities

 Shares

 Underlying

 Underlying

 Underlying

 Or Units of

 Unearned

 Unexercised

 Unexercised

 Unexercised

 Option

 Option

 Stock

 Shares,

 Options

 Options

 Unearned

 Exercise

 Expiration

 that have not

 Units that

 Name

 Exercisable

 Unexercisable

 Options

 Price

 Date

 Vested

 have not vested

 (a)

 (b)

 (c)

 (d)

 (e)

 (f)

 (g)

 (h)

 Gregg Budoi

 $

 0.30

 8/16/2028

 ITEM 12.

 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS.

 The following table sets forth, as of April 14, 2024, the total number of shares owned beneficially by each of our directors, director nominees and named executive officers, individually and directors and all executive officers as a group, and the present owners of 5% or more of our total outstanding shares of common stock. Shares of common stock subject to options and warrants exercisable within 60 days from the date of this table are deemed to be outstanding and beneficially owned for purposes of computing the number of shares held and the percentage ownership of such each individual but are not treated as outstanding for purposes of computing the percentage ownership of others.

 The information in this table reflects "beneficial ownership" as defined in Rule 13d-3 of the Exchange Act. We have determined beneficial ownership in accordance with the rules of the SEC or other information we believe to be reliable. Except as indicated by the footnotes below, we believe, based on the information furnished to us, that the persons and entities named in the table below have sole voting and investment power with respect to all shares that they beneficially own, subject to applicable community property laws where applicable.

 Applicable percentage ownership is based on 20,426,158 shares of common stock outstanding as of April 15, 2024

 Shares of Common Stock

 Beneficially Owned

 Name and Address of Beneficial Owner

 Number

 %

 *

 176 South Capital Blvd.

 Gregg Budoi

 [1]

 1.40

 %

 176 South Capital Blvd.

 Susan Olsen

 176 South Capital Blvd.

 All officers and directors as a group (3 individuals)

 1.40

 %

 Alex Guidi

 2,762,302

 [2]

 13.52

 %

 2040 – 885 West Georgia Street

 Vancouver, British Columbia V6C 3E8

 Eva Lundin

 2,900,000

 [3]

 14.20

 %

 6 Rue de Rive

 1204 Geneva, Switzerland

 Peter Loretto

 1,443,262

 [4]

 7.07

 %

 350-6165 HWY 17

 Delta British Columbia V4K 5B8

 Michael Hinshaw

 5,200,000

 25.46

 %

 176 South Capital Blvd.

 *Represents beneficial ownership of less than 1%.

 [1]

 Includes 290,000 shares issuable pursuant to presently exercisable stock option and options that become exercisable.

 [2]

 Based on Schedule 13D filed by the reporting person with the SEC on February 24, 2016.

 [3]

 Based on Schedule 13G filed by the reporting person with the SEC on February 18, 2016.

 [4]

 Based on Schedule 13G filed by the reporting person with the SEC on February 11, 2016. Mr. Loretto has sole voting and dispositive power over 1,425,000 shares of our common stock and has shared voting and dispositive power over the remaining 18,262 shares of our common stock he beneficially owns.

 ITEM 13.

 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE.

 Related Party Transactions

 The Company did not engage in any transactions with related parties requiring disclosure under Item 404 of Regulation S-K under the Securities Act since January 1, 2021 and there are currently no such transactions proposed.

 Review and Approval of Related Party Transactions

 Our Board recognizes that related party transactions can present a heightened risk of potential or actual conflicts of interest and may create the appearance that Company decisions are based on considerations other than the best interests of the Company and its shareholders. As a result, the Board refers to avoid related party transactions. However, the Board recognizes that there are situations where related party transactions may be in, but may not be inconsistent with, the best interests of the Company and its shareholders.

 As a result, our Board is responsible for reviewing and approving the terms and conditions of all proposed transactions between us, any of our officers, directors or shareholders who beneficially own more than 5% of our outstanding shares of common stock, or relatives or affiliates of any such officers, directors or shareholders, to ensure that such related party transactions are fair and are in our overall best interest and that of our shareholders.

 Our Board has not adopted any specific procedures for the conduct of reviews and considers each transaction in light of the specific facts and circumstances. In the course of its review and approval of a transaction, our board of directors the following factors, among other factors it deems appropriate:

 •

 whether the transaction is fair and reasonable to us;

 •

 the business reasons for the transaction; and

 •

 whether the transaction is material, taking into account the significance of the transaction.

 Any member of our Board who is a related person with respect to a transaction under review may not participate in the deliberations or vote respecting approval or ratification of the transaction, provided, however, that such director may be counted in determining the presence of a quorum at a meeting of the Board that considers the transaction.

 Independence of Directors

 Our shares of common stock are not listed on a national securities exchange or an inter-dealer quotation system that requires that a majority of our Board of Directors consist of independent directors. Under these circumstances, the rules of the SEC require that we identify which of our directors is independent using a definition for independence for directors of a national securities exchange or inter-dealer quotation system which has requirements that a majority of the board of directors be independent. Based upon information requested from and provided by each director concerning his background, employment and affiliations, including family relationships, with us, our senior management and our independent registered public accounting firm, our board of directors has determined that Ms. Olsen is an independent director under standards established by the NASDAQ Stock Market.

 ITEM 14.

 PRINCIPAL ACCOUNTANT FEES AND SERVICES.

 Audit Fees

 The following table presents fees for professional audit services for the audit of the Company's annual consolidated financial statements for fiscal year 2023 and 2022 and fees billed for other services rendered during 2023 and 2022.

 Fiscal 2023

 Fiscal 2022

 MaloneBailey

 MaloneBailey

 Type of Service/Fee

 Audit Fees (1)

 $

 75,980

 $

 74,000

 Audit Related Fees (2)

 $

 -

 $

 -

 Tax Fees (3)

 $

 -

 $

 -

 All Other Fees

 $

 -

 $

 -

 (1) Audit Fees consist of fees for professional services rendered for the audit of the company's consolidated financial statements included in its Annual Report on Form 10-K/A, the review of the interim financial statements included in its Quarterly Reports on Form 10-Q, and for the services that are normally provided in connection with regulatory filings or engagements. The Audit Fees include the audits for the 2022 and 2021 audited financial statements that were incurred during 2023 and 2022 respectively.

 (2) Includes fees associated with assurance and related services that are reasonably related to the performance of the audit or review of the Company's consolidated financial statements. This category includes fees related to consultation regarding generally accepted accounting principles.

 (3) Tax Fees consist of fees for tax compliance, tax advice and tax planning. The fee includes the preparation of the Company's income tax returns, franchise tax reports, and other tax filings.

 Although our audit committee currently does not have a formal policy in place to pre-approve all audit and non-audit services provided by our independent auditor and the fees for such non-audit services, the Company's audit committee has adopted a policy to review on an annual basis the performance, objectivity and independence of our independent auditor.

 Item 15.

 AMENDMENT TO FORM 10-K

The form 10-k for the fiscal year ended December 31, 2023 is hereby amended by noting that all required reports have not been filed with the SEC since the Company did not have the 2023 financial statements audited. The Company lacks the financial resources to conduct an audit of its December 31, 2023 financial statements and, as such, the financial results presented in this Report are based on unaudtited financial statements; otherwise the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities and Exchange Act of 1934.

 ITEM 15.

 EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.

 Incorporated by reference

 Filed

 Exhibit

 Document Description

 Form

 Date

 Number

 herewith

 3.1

 Articles of Incorporation (12/14/2001)

 S-1

 04/25/12

 3.1

 3.2

 Amended Articles of Incorporation (4/08/2006)

 S-1

 04/25/12

 3.2

 3.3

 Amended Articles of Incorporation (10/17/2011)

 S-1

 04/25/12

 3.3

 3.4

 Amended Articles of Incorporation

 07/13/15

 3.5

 3.5

 Amended Articles of Incorporation

 11/14/16

 3.5

 3.6

 Amended Articles of Incorporation

 08/14/20

 3.6

 3.7

 Amended and Restated Bylaws

 08/14/20

 3.7

 4.1

 Specimen Stock Certificate

 S-1

 04/25/12

 4.1

 4.2

 Description of Common Stock

 03/27/20

 4.2

 10.3

 Amended and Restated Stock Option Plan

 02/12/16

 10.1

 14.1

 Code of Ethics

 03/27/13

 14.1

 21.1

 Subsidiaries

 X

 31.1

 Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

 X

 31.2

 Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

 X

 32.1

 Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

 X

 32.2

 Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

 X

 101.INS

 X

 101.SCH

 X

 101.CAL

 X

 101.DEF

 X

 101.LAB

 X

 101.PRE

 X

 ITEM 16.

 FORM 10-K/A SUMMARY

 None.

 SIGNATURES

 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report has been signed on its behalf by the undersigned, thereunto duly authorized on this 23rd day of July, 2024.

 MCX TECHNOLOGIES CORPORATION.

 BY:

 /s/ CHRISTOPHER ROWLISON

 Interim Chief Executive Officer

 Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 Signature

 Title

 Date

 /s/ CHRISTOPHER ROWLISON

 Interim Chief Executive Officer (Principal Executive Officer), and Director

 July 23, 2024

 /s/ GREGG BUDOI

 Interim Chief Financial Officer (Principal Accounting and Financial Officer)

 July 23, 2024

 Gregg Budoi

 and Director

 /s/ SUSAN OLSEN

 Director

 July 23, 2024

 Susan Olsen