Global Interactive Technologies Inc Financials
This page shows Global Interactive Technologies Inc (GITS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Near-zero revenue leaves the company operating as a cash-constrained balance-sheet vehicle rather than a self-funding business.
The company became less able to pay near-term bills even as total liabilities fell from$7.5M in FY2023 to$933K in FY2025. That mismatch, plus a current ratio of 0.05x, suggests the problem is not balance-sheet size but that very little of the remaining asset base is liquid.
Cash burn was materially smaller than the accounting loss in FY2025: operating cash flow was
The operating platform is currently producing almost no scale: revenue was just
Financial Health Signals
We are recalculating Global Interactive Technologies Inc's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
Global Interactive Technologies Inc scores -11.01, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($7.3M) relative to total liabilities ($933K). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Global Interactive Technologies Inc passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Global Interactive Technologies Inc generates $0.16 in operating cash flow (-$751K OCF vs -$4.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Global Interactive Technologies Inc earns $-174201.4 in operating income for every $1 of interest expense (-$2.4M vs $14). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Global Interactive Technologies Inc generated $2K in revenue in fiscal year 2025.
Global Interactive Technologies Inc's EBITDA was -$2.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 176.4% from the prior year.
Global Interactive Technologies Inc reported -$4.6M in net income in fiscal year 2025. This represents an increase of 24.9% from the prior year.
Global Interactive Technologies Inc earned $-1.44 per diluted share (EPS) in fiscal year 2025.
Cash & Balance Sheet
Global Interactive Technologies Inc held $7K in cash against $0 in long-term debt as of fiscal year 2025.
Global Interactive Technologies Inc had 4M shares outstanding in fiscal year 2025.
Margins & Returns
Global Interactive Technologies Inc's gross margin was 100.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs.
Global Interactive Technologies Inc's operating margin was -126232.9% in fiscal year 2025, reflecting core business profitability.
Global Interactive Technologies Inc's net profit margin was -239797.8% in fiscal year 2025, showing the share of revenue converted to profit.
Global Interactive Technologies Inc's ROE was -134.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 27.0 percentage points from the prior year.
Capital Allocation
GITS Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $96 | N/A | $2K+6237.9% | $29 | $0 | N/A | N/A | $13 |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $96 | N/A | $2K+6237.9% | $29 | N/A | N/A | N/A | $13 |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $251K | N/A | N/A | N/A | $255K | N/A | N/A | N/A |
| Operating Income | -$496K | N/A | -$541K+20.0% | -$677K-20.1% | -$563K | N/A | -$209K+37.7% | -$335K |
| Interest Expense | N/A | N/A | $351+113.6% | -$3K+20.6% | -$3K | N/A | $40K+572557.1% | $7 |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$497K | N/A | -$543K+19.9% | -$678K-19.7% | -$567K | N/A | -$492K+12.5% | -$562K |
| EPS (Diluted) | $-0.14 | N/A | $-0.17+22.7% | $-0.22-10.0% | $-0.20 | N/A | $-0.19+9.5% | $-0.21 |
GITS Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.1M-5.9% | $4.4M-25.5% | $5.9M-6.8% | $6.3M+3.1% | $6.1M-4.5% | $6.4M-67.0% | $19.4M+3.5% | $18.8M |
| Current Assets | $34K-19.6% | $42K-64.8% | $120K+365.5% | $26K+2540.3% | $977-67.3% | $3K-100.0% | $17.2M+4.7% | $16.4M |
| Cash & Equivalents | $360-94.8% | $7K-81.1% | $37K+239.2% | $11K+4201.6% | $253-89.2% | $2K-66.3% | $7K+637.3% | $946 |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $25-45.7% | $46+119.0% | $21-27.6% | $29 | N/A | N/A | $317K+5.3% | $301K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.2M+24.8% | $933K+47.9% | $631K+22.4% | $516K-28.4% | $721K+7.8% | $668K-92.4% | $8.8M+7.4% | $8.2M |
| Current Liabilities | $1.2M+24.8% | $933K+47.9% | $631K+22.4% | $516K-28.4% | $721K+7.8% | $668K-92.4% | $8.8M+7.4% | $8.2M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $3.0M-14.3% | $3.4M-34.4% | $5.2M-9.4% | $5.8M+7.4% | $5.4M-6.0% | $5.7M-46.0% | $10.6M+0.5% | $10.6M |
| Retained Earnings | -$43.0M-1.2% | -$42.5M-7.2% | -$39.7M-1.4% | -$39.1M-1.8% | -$38.5M-1.5% | -$37.9M+7.5% | -$41.0M-1.2% | -$40.5M |
GITS Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$52K+6.6% | -$55K+66.7% | -$166K+61.7% | -$433K-349.8% | -$96K-503.5% | $24K+110.7% | -$223K-5780.3% | $4K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $50K | N/A | N/A | N/A | $115K | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
GITS Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0% | N/A | 100.0%0.0pp | 100.0% | N/A | N/A | N/A | 100.0% |
| Operating Margin | -517032.3% | N/A | -29447.3%+2304797.5pp | -2334244.8% | N/A | N/A | N/A | -2577823.1% |
| Net Margin | -517701.0% | N/A | -29541.7%+2308558.3pp | -2338100.0% | N/A | N/A | N/A | -4322307.7% |
| Return on Equity | -16.8% | N/A | -10.3%+1.4pp | -11.7%-1.2pp | -10.5% | N/A | -4.6%+0.7pp | -5.3% |
| Return on Assets | -12.1% | N/A | -9.2%+1.5pp | -10.8%-1.5pp | -9.3% | N/A | -2.5%+0.5pp | -3.0% |
| Current Ratio | 0.03-0.0 | 0.05-0.1 | 0.19+0.1 | 0.05+0.0 | 0.000.0 | 0.00-1.9 | 1.95-0.1 | 2.00 |
| Debt-to-Equity | 0.39+0.1 | 0.27+0.2 | 0.12+0.0 | 0.09-0.0 | 0.13+0.0 | 0.12-0.7 | 0.83+0.1 | 0.78 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.05), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Global Interactive Technologies Inc's annual revenue?
Global Interactive Technologies Inc (GITS) reported $2K in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Global Interactive Technologies Inc profitable?
No, Global Interactive Technologies Inc (GITS) reported a net income of -$4.6M in fiscal year 2025, with a net profit margin of -239797.8%.
What is Global Interactive Technologies Inc's EBITDA?
Global Interactive Technologies Inc (GITS) had EBITDA of -$2.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Global Interactive Technologies Inc's gross margin?
Global Interactive Technologies Inc (GITS) had a gross margin of 100.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Global Interactive Technologies Inc's operating margin?
Global Interactive Technologies Inc (GITS) had an operating margin of -126232.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Global Interactive Technologies Inc's net profit margin?
Global Interactive Technologies Inc (GITS) had a net profit margin of -239797.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Global Interactive Technologies Inc's return on equity (ROE)?
Global Interactive Technologies Inc (GITS) has a return on equity of -134.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Global Interactive Technologies Inc's operating cash flow?
Global Interactive Technologies Inc (GITS) generated -$751K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Global Interactive Technologies Inc's total assets?
Global Interactive Technologies Inc (GITS) had $4.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Global Interactive Technologies Inc's current ratio?
Global Interactive Technologies Inc (GITS) had a current ratio of 0.05 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Global Interactive Technologies Inc's debt-to-equity ratio?
Global Interactive Technologies Inc (GITS) had a debt-to-equity ratio of 0.27 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Global Interactive Technologies Inc's return on assets (ROA)?
Global Interactive Technologies Inc (GITS) had a return on assets of -105.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Global Interactive Technologies Inc's cash runway?
Based on fiscal year 2025 data, Global Interactive Technologies Inc (GITS) had $7K in cash against an annual operating cash burn of $751K. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Global Interactive Technologies Inc's Altman Z-Score?
Global Interactive Technologies Inc (GITS) has an Altman Z-Score of -11.01, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Global Interactive Technologies Inc's Piotroski F-Score?
Global Interactive Technologies Inc (GITS) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Global Interactive Technologies Inc's earnings high quality?
Global Interactive Technologies Inc (GITS) has an earnings quality ratio of 0.16x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Global Interactive Technologies Inc cover its interest payments?
Global Interactive Technologies Inc (GITS) has an interest coverage ratio of -174201.4x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.