0001493152-26-010037
SEC filingCyberloq Technologies, Inc. reported a net loss of $1.1 million for fiscal year 2025, an increase from a net loss of $989,452 in 2024. The company generated no operating revenue in 2025, compared to $15,000 in 2024, and remains reliant on raising additional capital or debt to fund operations. Total operating expenses were $772,000, resulting in a loss from operations of $772,000. The increase in net loss was primarily driven by higher interest expense. Total assets grew to $2.5 million from $1.8 million in 2024, largely due to capitalized software development costs. However, the company's financial position shows a stockholders' equity deficit of $1.7 million and total liabilities of $4.2 million. Net cash used in operating activities was $775,051, while financing activities provided $1.3 million primarily from convertible debt and stock issuances.
Cyberloq Technologies reported a net loss of $1,127,889 for fiscal year 2025, representing a 14% increase from the $989,452 net loss in 2024. The company generated no operating revenue in 2025, compared to $15,000 in service revenue during 2024. Loss from operations was $771,616 in 2025, slightly higher than the $752,929 loss from operations in 2024. The increase in net loss was primarily attributed to higher interest expense. Total operating expenses remained substantial at $772,000, with professional fees of $215,370, officers' compensation of $352,000, and computer/internet expenses of $105,999 being the largest components. The company continues to operate as a development-stage entity with minimal revenue generation.
The company reported zero operating revenue for fiscal year 2025, a complete decline from the $15,000 in service revenue generated in 2024. The document text explicitly states "Service revenue was $0 for 2025 in comparison to $15,000 for 2024." No segment breakdown or geographic revenue mix is disclosed in the filing. The company's business model focuses on fraud prevention and credit management software platforms (CyberloQ and TurnScor), but these products have not yet generated material revenue. Management acknowledges the company is "currently reliant on its ability to raise additional capital and/or debt" rather than operating revenue to fund business operations.
With zero revenue in 2025, gross margin and operating margin calculations are not meaningful. The company's cost structure shows professional fees decreased from $299,504 in 2024 to $215,370 in 2025, while computer and internet expenses increased from $51,893 to $105,999 due to higher hosting costs. Officers' compensation increased from $335,500 to $352,000. Other operating expenses showed modest increases across categories including office supplies ($11,715 to $17,326), other operating expenses ($50,509 to $58,629), and travel/entertainment ($8,952 to $10,705). The company's operating loss of $771,616 represents essentially 100% of operating expenses given the absence of revenue.
Net cash used in operating activities was $775,051 in 2025, compared to $715,123 in 2024. Investing activities used $588,469 primarily for internal software development ($553,000), website ($7,000), and patents ($29,000). Financing activities provided $1,342,641 from convertible debt proceeds ($903,141), common stock issuance ($394,500), and note payable-related party proceeds ($125,000). The balance sheet shows total assets of $2,525,110 including cash of $261,987 and fixed assets of $2,228,503. Total liabilities of $4,200,391 exceed total assets, resulting in stockholders' equity deficit of $1,675,281. Current liabilities of $4,160,391 include convertible debt of $3.1 million and accrued interest of $630,000.
Management states the company "does not anticipate any significant decrease in its operating expenses for 2026" and will remain "reliant on its ability to raise additional debt and/or capital in order to continue its operations." The company acknowledges that "whether or not there are any material changes in operational revenues or expenses in 2026 will be highly-dependent upon the Company's ability to enter into material revenue contracts with customers." Risk factors include competition from larger companies with greater resources, potential cyber-attacks that could damage reputation, and the challenge of attracting customers in a competitive marketplace. The company is pursuing SOC 2 Type 2 certification in the second quarter of 2026.