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Cyberloq Technologies (Cyberloq Technologies) Cost of Goods Sold : $0.00 Mil (TTM As of Mar. 2024)


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What is Cyberloq Technologies Cost of Goods Sold?

Cyberloq Technologies's cost of goods sold for the three months ended in Mar. 2024 was $0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Cyberloq Technologies's Gross Margin % for the three months ended in Mar. 2024 was 100%.

Cost of Goods Sold is also directly linked to Inventory Turnover.


Cyberloq Technologies Cost of Goods Sold Historical Data

The historical data trend for Cyberloq Technologies's Cost of Goods Sold can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cyberloq Technologies Cost of Goods Sold Chart

Cyberloq Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
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Cyberloq Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Cyberloq Technologies Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cyberloq Technologies  (OTCPK:CLOQ) Cost of Goods Sold Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Cyberloq Technologies's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0.015 - 0) / 0.015
=100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

Cyberloq Technologies's Inventory Turnover for the three months ended in Mar. 2024 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


Cyberloq Technologies Cost of Goods Sold Related Terms

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Cyberloq Technologies (Cyberloq Technologies) Business Description

Traded in Other Exchanges
N/A
Address
4837 Swift Road, Suite 210-1, Sarasota, FL, USA, 34231
Cyberloq Technologies Incis a development-stage technology company engaged in fraud prevention and credit management. The Company offers a proprietary software platform branded as CyberloQ which is a banking fraud prevention technology that is offered to institutional clients in order to combat fraudulent transactions and unauthorized access to customer accounts. The Company also offers a web-based proprietary software platform under the brand name TurnScor which allows customers to monitor and manage their credit from the privacy of their own homes. The Company derives its revenue from development, customization and user fees for the CyberloQ banking fraud technology products, including CyberloQ Vault, and from licensing fees for the TurnScor product.
Executives
Edwin Leon Hurst director 218 CINDALYN DR., NEW HOLLAND PA 17557
Rex S Schuette director 101 JULIUS CHAMBERS DRIVE, BLAIRSVILLE GA 30512
Mark Carten director, officer: Chief Technical Officer 187 QUAKER LANE, NORTH SCITUATE RI 02857
Peter J Vazquez other: Counsel for ACRT 18 HOOK MOUNTAIN ROAD, SUITE 201, PINE BROOK NJ 07058
Enrico Giordano director, officer: Secretary & Treasurer 740 S. FEDERAL HIGHWAY, UNIT 606, POMPANO BEACH FL 33062
Christopher S. Jackson officer: CEO 1915 PLAZA DR., SUITE #202, EAGAN MN 55122

Cyberloq Technologies (Cyberloq Technologies) Headlines

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