CyberloQ Technologies, Inc. reported its financial results for the second quarter of 2026, revealing a net loss of $224,609, a decrease from the $243,102 loss recorded in the same period of the previous year. For the six months ending June 30, 2026, the company reported a net loss of $458,668, compared to a loss of $584,133 for the first half of 2025. The total operating expenses for the second quarter were $115,283, down from $163,269 in the prior year, indicating a reduction in costs as the company continues to streamline its operations.
The company’s total assets increased to $2,610,840 as of June 30, 2026, up from $2,525,109 at the end of 2025. This growth was primarily driven by an increase in fixed assets, particularly the CyberloQ platform, which rose to $2,475,355 from $2,186,904. However, total liabilities also increased to $4,635,249, up from $4,190,752, largely due to higher accrued interest and notes payable. The accumulated deficit widened to $10,218,444 from $9,759,775, reflecting ongoing challenges in achieving profitability.
In terms of operational developments, CyberloQ Technologies continues to focus on its proprietary software platforms, CyberloQ and Turnscor. The company has made strides in enhancing its CyberloQ platform, which is designed for fraud prevention and credit management. The company has also been actively working on customer acquisition strategies, although specific user statistics and customer counts were not disclosed in the filing. The company’s employee headcount remains stable, supporting its ongoing development efforts.
The filing indicates that CyberloQ Technologies is committed to investing in its technology, with $288,451 allocated to software development during the first half of 2026, slightly down from $291,200 in the same period of 2025. The company is also exploring opportunities for geographic expansion and product adoption, although specific metrics were not provided. The management remains optimistic about future growth, citing ongoing improvements in operational efficiency and the potential for increased market share as key drivers for the company’s strategic direction.
Looking ahead, CyberloQ Technologies acknowledges the inherent risks and uncertainties in its forward-looking statements, including market conditions and competition. The company emphasizes its focus on enhancing its product offerings and expanding its customer base as it navigates the challenges of the technology sector. While the path to profitability remains complex, management believes that the strategic initiatives in place will position the company for future success.
About CYBERLOQ TECHNOLOGIES, INC.
CyberloQ Technologies, Inc. develops cybersecurity solutions focused on fraud prevention and credit management. Its core offerings include the CyberloQ® multi-factor authentication platform for financial institutions and the TurnScor® credit monitoring service. The company provides cloud-based security protocols, encryption, and licensing services to protect digital assets, customer accounts, and sensitive data across banking, healthcare, and corporate sectors, emphasizing scalable, proprietary technology and strategic partnerships.
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