GITS: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, GITS has $5,876,802 in assets. $631,216 in debts. $36,915 in cash and cash equivalents.

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	36,915	10,883
Short-term loans receivable, net	-	366
Accounts receivable, net of allowance	21	29
Non-trade receivables	8,253	14,518
Prepaid expenses and other receivables	74,882	-
Total current assets	120,071	25,796
Property plant and equipment, net	1,842	2,229
Intangible assets, net	4,402,033	4,818,357
Operating lease right-of-use asset	1,352,856	1,459,342
Total assets	5,876,802	6,305,724

Short-term loans payable	114,858	108,601
Accrued expenses and other current liabilities	-	11,602
Short-term loans payable from related parties	597	617
Non-trade accounts payable	505,820	394,862
Accrued expenses and other current liabilities	9,941	-
Total current liabilities	631,216	515,682
Total liabilities	631,216	515,682
Common stock, 0.02 par value, authorized 110,000,000 (common100,000,000, preferred10,000,000) shares issued and outstanding 3,674,208 common shares as of september 30, 2025 and issued and outstanding 2,640,402 common shares as of december 31, 2024	73,485	70,977
Additional paid-in capital	45,246,934	45,071,398
Accumulated deficit	-39,689,008	-39,146,031
Accumulated other comprehensive loss	-385,825	-206,302
Total stockholders equity	5,245,586	5,790,042
Total liabilities and stockholders equity	5,876,802	6,305,724

Unit: Dollar. Numbers labeled with * are estimated quarterly values.