CLOK CIPHERLOC
Cipherloc Corporation (the “Company” or “Cipherloc”) was incorporated in the State of Texas on June 22, 1953 as American Mortgage Company. Effective August 27, 2014, the Company changed its name to Cipherloc Corporation. Our headquarters are located at 825 Main Street, Suite 100, Buda, Texas. Our website iswww.cipherloc.net. The information contained, or referred to, on our website is not part of this Annual Report on Form 10-K unless expressly noted.
Company profile
Ticker
CLOK
Exchange
Website
CEO
Michael W DeLaGarza
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
NATIONAL SCIENTIFIC CORP/AZ
SEC CIK
Corporate docs
IRS number
860837077
CLOK stock data
()
Press releases
Cipherloc Provides Business and Capitalization Update
18 May 21
Cipherloc Announces Final Close of $10.0 Million Offering of Common Stock
21 Apr 21
Castle Shield Holdings, LLC Announces a Secure, Enterprise Data-in-Motion VPN Solution
19 Apr 21
Cipherloc Announces $6.4 Million Offering of Common Stock
7 Apr 21
Investment data
Securities sold
Number of investors
Calendar
17 May 21
24 Jun 21
30 Sep 21
Financial summary
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Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
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Sep 20 | Sep 19 | Sep 18 | Sep 17 | |
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Financial data from CIPHERLOC earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 5.63M | 5.63M | 5.63M | 5.63M | 5.63M | 5.63M |
| Cash burn (monthly) | (positive/no burn) | (positive/no burn) | 362.95K | 303.16K | 89.66K | 279.53K |
| Cash used (since last report) | n/a | n/a | 1.01M | 844.91K | 249.89K | 779.05K |
| Cash remaining | n/a | n/a | 4.62M | 4.78M | 5.38M | 4.85M |
| Runway (months of cash) | n/a | n/a | 12.7 | 15.8 | 60.0 | 17.3 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
4.3% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 1 |
| Opened positions | 1 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
13F shares |
Current |
|---|---|
| Total value | 1.5M |
| Total shares | 3.56M |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| Manchester Management | 3.56M | $1.5M |
Financial report summary
?Management Discussion
- ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
- We are developing products and services around our patented polymorphic encryption technology designed to enable a more efficient and stronger layer of protection to be added to existing solutions. Through a licensing program, we anticipate offering the first secure commercially viable advanced “Polymorphic Encryption Core” (“PEC”) software developers kit to be used in any commercial data security industry and/or in sensitive applications.
- Our innovative and patented polymorphic technology eliminates the flaws and inadequacies associated with today’s encryption algorithms. Instead of dealing with large monolithic blocks of data, our approach decomposes the information to be protected into multiple segments. These individual segments each have a unique encryption key, utilize different encryption algorithms, are randomly grouped into different lengths, and can be further re-encrypted. Since segments are independent from each other and are individually protected, our technology is not susceptible to computational attacks. In fact, the strength of our technology improves as compute power increases.
Content analysis
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Financial reports
10-Q
2021 Q2
Quarterly report
17 May 21
10-Q
2021 Q1
Quarterly report
16 Feb 21
10-K
2020 FY
Annual report
28 Dec 20
10-Q
2020 Q3
Quarterly report
14 Aug 20
10-Q
2020 Q2
Quarterly report
14 May 20
10-Q/A
2020 Q1
Quarterly report (amended)
18 Feb 20
10-Q
2020 Q1
Quarterly report
14 Feb 20
10-K
2019 FY
Annual report
10 Jan 20
NT 10-K
Notice of late annual filing
30 Dec 19
10-Q
2019 Q3
Quarterly report
31 Oct 19
Current reports
8-K
Entry into a Material Definitive Agreement
21 Apr 21
8-K
Entry into a Material Definitive Agreement
7 Apr 21
8-K
Material Modifications to Rights of Security Holders
5 Mar 21
8-K
Cipherloc Announces Resignation of Zeynep Young from Board of Directors
20 Jan 21
8-K
Cipherloc Appoints Nick Hnatiw as CTO
24 Nov 20
8-K
Cipherloc Approved as Johnson Controls Subcontractor
18 Nov 20
8-K
Departure of Directors or Certain Officers
23 Oct 20
8-K
Entry into a Material Definitive Agreement
2 Oct 20
8-K
Entry into a Material Definitive Agreement
1 Sep 20
8-K
Cipherloc Reports Third Quarter Results, Advances Partnership Activities
14 Aug 20
Registration and prospectus
424B3
Prospectus supplement
11 May 21
S-1
IPO registration
29 Apr 21
D
$10M in equity / options / securities to be acquired, sold $10M, 108 investors
19 Apr 21
D/A
$17.25M in equity / options / securities to be acquired, sold $17.25M, 216 investors
22 Jul 19
S-1/A
IPO registration (amended)
20 Feb 19
S-1
IPO registration
7 Feb 19
D/A
$1.57M in equity / options / securities to be acquired, sold $1.57M, 13 investors
15 Aug 18
D/A
$17.25M in equity / options / securities to be acquired, sold $15M, 216 investors
25 Jul 18
D/A
$15M in equity / options / securities to be acquired, sold $14.78M, 209 investors
17 Jul 18
D/A
$15M in equity / options / securities to be acquired, sold $13.47M, 194 investors
3 Jul 18
Proxies
DEF 14C
Information statement
11 Sep 14
DEF 14A
Definitive proxy
19 Mar 08
PRE 14A
Preliminary proxy
28 Feb 08
DEF 14A
Definitive proxy
15 Mar 06
DEF 14A
Definitive proxy
23 Mar 05
DEF 14A
Definitive proxy
29 Jan 04
DEF 14A
Definitive proxy
26 Jan 03
DEF 14A
Definitive proxy
27 Dec 01
DEF 14A
Definitive proxy
7 Jan 01
PRE 14A
Preliminary proxy
14 Dec 00
Ownership
SC 13G/A
CIPHERLOC / MANCHESTER MANAGEMENT PR ownership change
23 Apr 21
SC 13G/A
CIPHERLOC / MANCHESTER MANAGEMENT PR ownership change
15 Apr 21
SC 13D/A
CIPHERLOC / MANCHESTER MANAGEMENT ownership change
5 Oct 20
3
CIPHERLOC / Andrew Borene ownership change
29 Nov 19
3
CIPHERLOC / Zeynep Young ownership change
12 Nov 19
3
CIPHERLOC / David Chasteen ownership change
7 Nov 19
4
CIPHERLOC / JAMES E BESSER ownership change
3 Oct 19
4
CIPHERLOC / JAMES E BESSER ownership change
27 Sep 19
SC 13D
CIPHERLOC Corp
21 Aug 19
3
CIPHERLOC / Anthony Ambrose ownership change
20 Jun 19
Patents
GRANT
Utility
Dynamic pin configurator
30 Mar 21
A method and apparatus to protect the coded signals sent over physical twisted-pair wiring or between two (2) or more LANs connected by a Wide Area Network (WAN), from unauthorized electronic circuit/wiring monitoring.
APP
Utility
Blind Key Generator and Exchange
18 Feb 21
Operationally, the invention transmits a number to a verifiable recipient which indicates to the receiver what the key will be, without sending the key, or some related key.
GRANT
Utility
Polymorphic one time pad matrix
17 Feb 20
The present invention provides a simple and efficient cipher and key generation and selection capability from a predetermined, randomly changing, fixed size matrix (N) of ciphers and keys resulting in a very high-order approximation (Nr,c→∞) of a true One Time Pad for encryption solutions such as the CipherLoc Polymorphic Key Progression Algorithmic Cipher Engine.
GRANT
Utility
Virtual polymorphic hardware engine
18 Nov 19
Virtual field programmable gate array (VFPGA) duplicates and/or emulates a field programmable gate array through the use of base hardware and firmware that uses RAM as ROM or EPROM and provides control and monitoring and manipulation through the use of elementary and basic device functionality commands (machine code primitives) to accommodate the needs of polymorphic cipher engine software so that the software achieves the same results as thou it had access to programmable logic arrays, gate and logic blocks found in field programmable gate array chips.