Company: CLOQ
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001641172-25-009976
Chunk: 30

Company: CYBERLOQ TECHNOLOGIES, INC.
Filing Date: 2025-05-13
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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,143 for the three months ended March 31, 2025 compared to $5,711 for the three months ended March 31,
2024. Due to an increase in hosting costs associated with the Company’s web services.

In addition, the Company experienced changes in
expense categories as noted below.

Travel expenses were $10,119 for the three months
ended March 31, 2025 as compared to $1,718 for the three months ended March 31, 2024.

Other operating expenses were $2,824 for the three
months ended March 31, 2025 as compared to $21,382 for the three months ended March 31, 2024.

Office supplies and expenses were $6,904 for the
three months ended March 31, 2025 as compared to $2,537 for the three months ended March 31, 2024.

Finally, there were no material change in the
Company’s rent expense in the three months ended March 31, 2025 as compared to the three months ended March 31, 2024.

As a result of the foregoing, the Company experienced
a net loss from operations of $266,992 in the three months ended March 31, 2025 compared to a net loss from operations of $196,035 in
the three months ended March 31, 2024.

 5 

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