For the quarter ending 2025-09-30, GITS had $27,582 increase in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss from continuing operations | -542,977 | -1,244,730 |
| Bad-debt expense of other assets | 351 | - |
| Amortization of right-of-use asset | 59,618 | 115,519 |
| Amortization of intangible assets | 262,455 | 508,551 |
| Accounts receivable | -7 | 28 |
| Non-trade receivable | -5,603 | 13,485 |
| Prepaid expenses and other current assets | 74,267 | -5,038 |
| Non-trade payable | -123,973 | -97,514 |
| Accrued expenses and other current liabilities | -1,258 | 1,360 |
| Depreciation | 319 | 616 |
| Loss on disposal of tangible assets | 0 | 0 |
| Net cash used in operating activities of continuing operations | -166,176 | -529,645 |
| Proceeds from short-term loan payable | 42,767 | 528,015 |
| Proceeds from short-term loan payable from related parties | -27,053 | 30,063 |
| Proceeds from exercising warrants | 178,044 | - |
| Repayment of short-term loan payable from related parties | 0 | 7 |
| Net cash provided by financing activities of continuing operations | 193,758 | 558,071 |
| Receipt from collection of short-term loan receivable | 0 | 0 |
| Receipt from collection of long-term loan receivable to related parties | 0 | 0 |
| Proceeds from the sale of property, plant, and equipment | 0 | 0 |
| Net cash (used in) provided by investing activities of continuing operations | 0 | 0 |
| Net cash used in operating activities of discontinued operations | 0 | 0 |
| Net cash used in investing activities of discontinued operations | 0 | 0 |
| Net cash used in financing activities of discontinued operations | 0 | 0 |
| Net change in cash discontinued operations | 0 | 0 |
| Net increase (decrease) in cash and cash equivalents | 27,582 | 28,426 |
| Cash and cash equivalents at beginning of period | 2,352 | - |
| Effect of exchange rate changes on cash | -21,445 | - |
| Cash and cash equivalents at end of period | 36,915 | - |
Global Interactive Technologies, Inc. (GITS)
Global Interactive Technologies, Inc. (GITS)