{"url_path":"/sec/cloq/10-q/2026/item-1a","section_key":"item-1a","section_title":"Item 1A Risk Factors**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1437517/0001493152-26-023656-index.html","accession_number":"0001493152-26-023656","cik":"0001437517","ticker":"CLOQ","issuer_name":"CYBERLOQ TECHNOLOGIES, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1437517/0001493152-26-023656-index.html","primary_entity_key":"0001437517","primary_entity_name":"CYBERLOQ TECHNOLOGIES, INC."},"word_count":344,"has_tables":true,"body_markdown":"**Item\n1A. Risk Factors**\n\n \n\nThe\nCompany qualifies as a smaller reporting company as defined by §229.10(f)(1) and therefore is not required to provide the information\nrequired by this Item. However, the Company does acknowledge that there are risks associated with the business of the Company.\n\n \n\nWe\nwill be competing with a variety of companies, many of which have significantly greater financial, technical, marketing and other resources\nthan us. If we fail to attract and retain a large base of customers for our products, or if our competitors establish a more prominent\nmarket position relative to ours, this will inhibit our ability to grow and successfully execute our business plan. For example, Wells\nFargo has introduced an “on/off” feature for their customers, Discover Card has “Freeze It” functionality, and\nOndot Systems has already been operating in the mobile card security space for quite some time. However, the Company believes that the\nmulti-purpose functionality of CyberloQ, along with its multi-purpose applications will give the Company a distinct advantage by comparison.\nCyberloQ can be used in the banking system to protect debit/credit cards, in the health care industry to protect PII (Personal Identifying\nInformation) now that medical records are kept digitally, and can protect corporate data bases in any industry from outside intrusion\nvia geo-fencing. The Company believes that these distinct features, along with the ability to “White Label” the technology\nfor marketing partners, give the Company a distinction in the marketplace. However, there can be no assurance that we will be able to\nsuccessfully compete with other companies in the marketplace.\n\n \n\nIn\naddition, the Company could incur increased costs, decreased revenue, or suffer reputational damage in the event of a cyber-attack. The\nCompany’s business involves the collection, storage, processing and transmission of customers’ personal data, including financial\ninformation. In the event that the Company’s security measures are breached due to human error, malfeasance, system errors or vulnerabilities,\nor other irregularities, such breach could adversely affect our business through possible interruption of the Company’s operations,\nimproper disclosure of data, damage to the Company’s reputation, and/or legal exposure."}