Company: CLOQ
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023235
Chunk: 5

Company: CYBERLOQ TECHNOLOGIES, INC.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 5
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 to $15,664 for the three months ended September
30, 2024. This increase was due to an increase in hosting costs associated with the Company’s web services.

Finally,
there was no material change in the Company’s rent expense in the three months ended September 30, 2025 as compared to the three
months ended September 30, 2024.

As
a result of the foregoing, the Company experienced a net loss from operations of $151,295 in the three months ended September 30, 2025
compared to a net loss from operations of $144,365 in the three months ended September 30, 2024. The overall net loss for the three months
ended September 30, 2025 was $246,114 due to interest expense of $94,819, as compared to overall net loss of $215,900 for the three month
period ended September 30, 2024.

Item
3. Quantitative and Qualitative Disclosures About Market Risk

The
Company qualifies as a smaller reporting company as defined by §229.10(f)(1) and therefore is not required to provide the information
required by this Item.

ITEM
4. CONTROLS AND PROCEDURES

Our
management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e)
and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that
we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s
rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information
required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated
to the issuer’s management, including its principal executive officer or officers and principal financial officer or officers,
or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

An
evaluation was conducted under the supervision and with the participation of our management of the effectiveness of the design and operation
of our disclosure controls and procedures as of September 30, 2025 in accordance with Committee of Sponsoring Organizations of the Treadway
Commission’s 2013 Integrated Framework. Based on that evaluation, our management concluded that our disclosure controls and procedures
were not effective as of such date to ensure that information