Company: CLOQ
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023402
Chunk: 43

Company: CYBERLOQ TECHNOLOGIES, INC.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 2
Chunk 43
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 ended June 30, 2025 as compared to the six months
ended June 30, 2024.

As
a result of the foregoing, the Company experienced a net loss from operations of $548,133 in the six months ended June 30, 2025 compared
to a net loss from operations of $464,796 in the six months ended June 30, 2024. The overall net loss for the six months ended
June 30, 2025 was $584,133 due to interest expense of $153,873, as compared to overall net loss of $464,796 for the six month period
ended June 30, 2024.

Results
of Operations for the Three Months Ended June 30, 2025 and 2024

Company
revenue was $0 in the three months ended June 30, 2025 as compared to $0 for the three months ended June 30, 2024.

The
Company’s operating expenses were $163,269 for the three months ended June 30, 2025 as compared to $162,020 for the three months
ended June 30, 2024.

Computer
and internet expenses were $27,195 for the three months ended June 30, 2025 as compared to $12,067 for the three months ended June 30,
2024. This increase was due to an increase in hosting costs associated with the Company’s web services.

5

Professional
fees were $62,014 for the three months ended June 30, 2025 as compared to $53,550 for the three months ended June 30, 2024.

Officer’s
compensation was $63,000 for the three months ended June 30, 2025 as compared to $60,000 for the three months ended June 30, 2024.

Other
operating expenses were $5,153 for the three months ended June 30, 2025 as compared to $26,194 for the three months ended June 30, 2024
primarily due to bad debt and dues and subscriptions in 2024.

Travel
expenses were $220 for the three months ended June 30, 2025 as compared to $3,014 for the three months ended March 31, 2024.

Office
supplies and expenses were $3,075 for the three months ended June 30, 2025 as compared to $4,