Company: CLOQ
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023402
Chunk: 8

Company: CYBERLOQ TECHNOLOGIES, INC.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 8
---
     256,859 
  
    Net Cash Provided by Financing Activities  
     526,642  
     366,859 

    Net Increase (Decrease) in Cash and Equivalents  
     (196,412) 
     (165,662)
  
    Cash and Equivalents at Beginning of the Period  
     282,866  
     307,174 
  
    Cash and Equivalents at End of the Period  
    $86,454  
    $141,512 

    SUPPLEMENTAL CASH FLOW INFORMATION  

    Interest Paid  
    $8,370  
    $1,044 
  
    Income Taxes Paid  
    $-
                                          
    $-

    NON-CASH DISCLOSURES  

    Beneficial conversion feature  
    $-
                                          
    $-

    Common stock issued for convertible debt  
    $20,000  
    $-

See
accompanying notes to financial statements

F-4

CyberloQ
Technologies, Inc.

NOTES
TO CONSOLIDATED CONDENSED FINANCIAL STATEMENTS (unaudited)

For
the Six Months Ended June 30, 2025

NOTE
1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization
and Nature of Business

CyberloQ
Technologies Inc. (“CLOQ”, ‘We” or the “Company”) is a development-stage technology company focused
on fraud prevention and credit management. The Company was originally incorporated as Advanced Credit Technologies, Inc. in the State
of Nevada on February 25, 2008. On November 20, 2019, the Company changed its name from Advanced Credit Technologies, Inc. to CyberloQ
Technologies, Inc.

The
Company offers a proprietary software platform branded as CyberloQ®. While previously the Company licensed CyberloQ, in the third
quarter of 2017, the Company acquired the CyberloQ technology and is now the exclusive owner of CyberloQ.

CyberloQ
is a banking fraud prevention technology that is offered to institutional clients in order to combat fraudulent transactions and unauthorized
access to customer accounts. Through the use of a customer’s smart-phone, CyberloQ uses a multi-factor authentication system to
control access to a bank card, transaction type or amount, website, database or digital service. The mobile applications for CyberloQ