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 | ||
Global Interactive Technologies, Inc. (GITS)
Global Interactive Technologies, Inc. (GITS)