| Income Statement | 2025-06-30 | |||
|---|---|---|---|---|
| Provision for income taxes | 0 | |||
| Revenue | 3,139,008 | |||
| Less shared revenue | 2,093,337 | |||
| Net revenue | 1,045,671 | |||
| Depreciation expense | 0 | |||
| Officer and director compensation, including stock-based compensation of 125,000and 0, respectively | 304,183 | |||
| Salaries | 25,000 | |||
| Consulting services | 7,500 | |||
| Professional services, including stock-based fees of 0and 302,500, respectively | 405,447 | |||
| Selling, general and administrative | 132,073 | |||
| Total operating expenses | 874,203 | |||
| Income (loss) from operations | 171,468 | |||
| Forgiveness of debt and accrued interest | 0 | |||
| Writeoff of prepaid deposits (as restated for year ended june 30, 2024 see note n) | 0 | |||
| Writeoff of intangible properties (as restated for year ended for june 30, 2024 see note n) | 0 | |||
| Gain on sale of assets | 0 | |||
| Writeoff of property and equipment (net) (as restated for year ended june 30,2024 see note n) | -199,293 | |||
| Interest expense | 32,856 | |||
| Gain (loss) on derivative liability (as restated for year ended june 30,2024 see note n) | -282,000 | |||
| Total other income (expense) | -514,149 | |||
| Income (loss) before provision for income taxes | -342,681 | |||
| Net income (loss) | -342,681 | |||
| Basic income (loss) per common share | 0 | |||
| Diluted income (loss) per common share | 0 | |||
| Weighted average common shares outstanding - diluted | 14,688,440,097 | |||
GLOBAL TECHNOLOGIES LTD (GTLL)
GLOBAL TECHNOLOGIES LTD (GTLL)