Legal · Last updated: September 11, 2026

Legal notice

This legal notice governs access to and use of the website cifraresearch.com and the services it offers. By using the site you accept the terms described here.

1. Identification of the data controller

• Site owner: Cifra ("Cifra Research"), an independent project operated from Spain.
• Contact email: [email protected].
• Activity: beta tool for AI-assisted analysis of public financial reports (Forms 10-Q and 10-K) filed with the U.S. SEC.
• Accommodation: Contabo GmbH (Germany, European Union).

2. Purpose and terms of use

Cifra offers an informational and educational service for screening and summarizing public financial reports. The service is provided in beta phase, so it may change, be suspended, or experience issues.

The user agrees to make lawful, diligent use in accordance with this notice, and in particular to:

• Do not use the site for fraudulent, abusive, or unlawful purposes.
• Do not attempt to access restricted areas, alter the operation of the service or deliberately overload it.
• Do not post unlawful, defamatory, misleading, violent content or content that infringes third-party rights in the forums.
• Safeguard your access credentials and notify any unauthorized use.

3. Exclusion of financial advice

Cifra is not a financial advisory entity nor does it provide investment services. Reports generated with artificial intelligence are informational summaries of public documents and may contain errors, omissions, or inaccurate interpretations. They do not constitute a recommendation to buy, sell, or hold of any financial instrument. Investment decisions are the sole responsibility of the user, who should always verify the information against official sources.

4. Intellectual Property and Third-Party Data

The code, design, own texts, and the "Cifra" brand belong to their owner and may not be reproduced without authorization. The financial data and original documents analyzed are obtained from public sources—mainly the U.S. SEC's EDGAR system, whose contents are in the public domain—and are not owned by Cifra.

5. Third-party links

The site may include links to third-party websites (SEC EDGAR, company investor relations portals, PayPal, or others). Cifra does not control those contents and assumes no responsibility for them.

6. Availability and liability

The owner strives to keep the service available and secure, but does not guarantee uninterrupted operation or error-free performance, especially during a beta phase. To the extent permitted by law, the owner shall not be liable for damages arising from use of the site, investment decisions made based on its content, or temporary unavailability of the service.

7. Modifications

The owner may update this legal notice to adapt it to regulatory or service changes. The version in force will always be the one published on this page.

8. Governing Law

This notice is governed by Spanish law. For any dispute, and unless consumer regulations establish another jurisdiction, the parties submit to the courts and tribunals of the owner's domicile.

Cifra informational document. It does not constitute legal or financial advice.