$CLOQ

ADVANCED CREDIT TECHNOLOGIES INC

CIK:0001437517|SEC Filings

Consolidated Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Operational Expense
Professional Fees	$ 26,966	$ 62,014	$ 107,898	$ 113,566
Officer’s Compensation	63,000	63,000	126,000	226,000
Travel and Entertainment	2,115	220	2,115	10,339
Rent	2,664	2,612	5,162	5,063
Computer and Internet	10,412	27,195	38,170	57,338
Office Supplies and Expenses	4,124	3,075	8,386	9,979
Other Operating Expenses	5,275	5,153	11,105	7,977
Amortization	727		1,454
Total Operating Expenses	115,283	163,269	300,290	430,262
Loss from Operations	(115,283)	(163,269)	(300,290)	(430,262)
Other Income (Expense)
Interest	(109,066)	(79,833)	(157,819)	(153,873)
Other income				2
Other expense	(260)		(559)
Total Other Income (Expenses)	(109,326)	(79,833)	(158,378)	(153,871)
Net loss before income taxes	(224,609)	(243,102)	(458,668)	(584,133)
Provision for Income Taxes
Net Loss	$ (224,609)	$ (243,102)	$ (458,668)	$ (584,133)
Loss per common share - Basic	$ (0.00)	$ (0.00)	$ (0.00)	$ (0.01)
Loss per common share - Diluted	$ (0.00)	$ (0.00)	$ (0.00)	$ (0.01)
Weighted Average Number of Common Shares Outstanding Basic	141,326,256	131,962,254	141,185,923	131,748,087
Weighted Average Number of Common Shares Outstanding Diluted	141,326,256	131,962,254	141,185,923	131,748,087

Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended						6 Months Ended		12 Months Ended
	Jun. 30, 2026	Mar. 31, 2026	Dec. 31, 2025	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Jun. 30, 2026	Jun. 30, 2025	Dec. 31, 2025
OPERATING ACTIVITIES
Net loss	$ (224,609)	$ (234,060)	$ (297,643)	$ (246,114)	$ (243,102)	$ (341,030)	$ (458,668)	$ (584,133)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization	727						1,454		$ 1,454
Stock compensation							(40,797)
Change in Operating Assets and Liabilities:
Decrease (increase) in deposits and prepaids							(10,746)	(39,515)
Increase (decrease) in accounts payable and accrued expenses							33,645	75,055
Increase (decrease) in accrued interest							185,851	144,981
Net Cash Used in Operating Activities							(289,261)	(403,612)
INVESTING ACTIVITIES
Software							(288,451)	(291,200)
Website								(6,745)
Patents								(21,497)
Net cash provided by (used) in investing activities							(288,451)	(319,442)
FINANCING ACTIVITIES
Proceeds from sale of common stock	10,700				10,000		100,700	216,001
Proceeds from sale of common stock to be issued					7,500		40,000	7,500
Proceeds from convertible debt								303,141
Payment of convertible debt							(26,000)
Repayment of note payable							(100,000)
Proceeds from note payable-stockholders							351,000
Net Cash Provided by Financing Activities							365,700	526,642
Net Increase (Decrease) in Cash and Equivalents							(212,012)	(196,412)
Cash and Equivalents at Beginning of the Period		$ 261,987		$ 86,454		$ 282,866	261,987	282,866	282,866
Cash and Equivalents at End of the Period	$ 49,975		$ 261,987		$ 86,454		49,975	86,454	$ 261,987
SUPPLEMENTAL CASH FLOW INFORMATION
Interest Paid							16,044	8,370
Income Taxes Paid
NON-CASH DISCLOSURES
Common stock issued for convertible debt								$ 20,000

Consolidated Condensed Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current Assets
Cash	$ 49,975	$ 261,987
Deposits and prepaids	45,366	34,620
Total Current Assets	95,341	296,607
Fixed Assets
Total Fixed Assets	2,515,499	2,228,502
Total Assets	2,610,840	2,525,109
Current Liabilities
Accounts Payable and Accrued Expenses	192,258	158,612
Accrued interest	815,541	629,690
Loan payable - SBA	2,088	2,088
Total Current Liabilities	4,604,887	4,160,390
Long Term Liabilities
SBA Loan Payable	30,362	30,362
Total Long Term Liabilities	30,362	30,362
Total Liabilities	4,635,249	4,190,752
Commitments and Contingencies
Stockholders’ Equity
Preferred stock, $0.001 par value, 80,000 shares authorized: 29,450 and 20,000 shares issued and outstanding, respectively	30	20
Common stock: $0.001 par value,200,000,000 shares authorized; 141,326,254 and 138,512,256 shares issued and outstanding, respectively	141,326	138,512
Treasury stock	(50,000)	(50,000)
Preferred shares to be issued: 0 and 5,250	1,494	56,275
Common shares to be issued: 1,850,000 and 1,450,000 common shares respectively	179,186	149,186
Additional Paid in Capital	7,921,999	7,800,139
Accumulated Deficit	(10,218,444)	(9,759,775)
Total Stockholders’ Equity	(2,024,409)	(1,665,643)
Total Liabilities and Stockholders’ Equity	2,610,840	2,525,109
Stockholders [Member]
Current Liabilities
Note Payable	360,000	135,000
Convertible debt – Stockholders, net	3,060,000	3,060,000
Related Party [Member]
Current Liabilities
Note Payable	175,000	175,000
CyberloQ Platform [Member]
Fixed Assets
Fixed Assets, Gross	2,475,355	2,186,904
Website [Member]
Fixed Assets
Fixed Assets, Gross	11,287	12,741
Patent [Member]
Fixed Assets
Fixed Assets, Gross	$ 28,857	$ 28,857