GOLOGIQ INC (GOLQ) Financials
Newest figures come from the 10-Q for Q3 FY2023, filed Jun 27, 2024. Each column of the statement tables below links to the filing it was taken from.
This page shows GOLOGIQ INC (GOLQ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
The reported balance sheet shifted from positive equity to a deeply negative position, while the latest filing provides no operating revenue or cash-flow view.
In FY2018, assets of$3.9M were nearly matched by$3.9M of equity. By FY2022, liabilities of$2.1B stood against only$35.3M of assets, leaving the reported balance sheet dominated by obligations rather than operating assets.
Because FY2022 reports neither revenue nor operating cash flow, the available figures cannot establish whether operations generate cash; the evidence is concentrated in the company’s balance-sheet condition. That condition differs materially from FY2018, when equity was positive, limiting what can be inferred about continuity across periods.
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
GOLOGIQ INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The metrics below are current.
Key Financial Metrics
Earnings & Revenue
GOLOGIQ INC generated $0 in revenue in Q3 2023. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.
GOLOGIQ INC earned $0.00 per diluted share (EPS) in Q3 2023. This represents an increase of 89.5% from the same quarter a year earlier.
Not reported for Q3 2023.
Not reported for Q3 2023.
Cash & Balance Sheet
GOLOGIQ INC held $237 in cash as of Q3 2023; long-term debt is not reported for that period.
Not reported for Q3 2023.
Not reported for Q3 2023.
Margins & Returns
None of these metrics is reported for Q3 2023.
Capital Allocation
GOLOGIQ INC reported no research and development spending in Q3 2023. This represents a decrease of 100.0% from the same quarter a year earlier.
Not reported for Q3 2023.
Not reported for Q3 2023.
GOLQ Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-Q | Q3'2210-Q | Q2'2210-Q | Q1'2210-Q | Q4'2110-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0-100.0% | $3K-99.8% | $72K-97.8% | N/A | $335K | $1.6M | $3.3M | N/A |
| Cost of Revenue | $0-100.0% | $1K-99.8% | $39K-98.3% | N/A | $180K | $873K | $2.2M | N/A |
| Gross Profit | $0-100.0% | $1K-99.9% | $33K-96.9% | N/A | $155K | $760K | $1.1M | N/A |
| R&D Expenses | $0-100.0% | N/A | $55K-95.0% | N/A | $321K | $975K | $1.1M | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | $512K | $432K | $1.4M | N/A |
| Operating Income | N/A | N/A | N/A | N/A | -$677K | -$647K | -$1.4M | N/A |
| EBITDA | N/A | N/A | N/A | N/A | -$646K | -$616K | -$1.4M | N/A |
| Income Tax | $0 | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A | -$677K | -$647K | -$1.4M | N/A |
| EPS (Basic) | $0.00+89.5% | -$0.02-5.6% | -$0.04+28.8% | -$0.05-125.4% | -$0.02+85.2% | -$0.02+83.5% | -$0.05+42.2% | $0.20 |
| EPS (Diluted) | $0.00+89.5% | -$0.02-5.6% | -$0.04+28.8% | -$0.05-125.4% | -$0.02 | -$0.02 | -$0.05 | $0.20 |
| Diluted Shares (Avg) | 133M+264.3% | 129M+260.1% | 51M+93.2% | N/A | 36M | 36M | 27M | N/A |
Not reported in any period shown, so not listed: Interest Expense.
GOLQ Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-Q | Q3'2210-Q | Q2'2210-Q | Q1'2210-Q | Q4'2110-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $237-100.0% | $3K-100.0% | $115K-99.6% | $35K | $31.8M+9083443.1% | $31.8M+5003388.3% | $31.7M+597060.2% | $0-100.0% |
| Cash & Equivalents | $237 | $3K | $115K | $35K | $0 | $0 | $0-100.0% | $0-100.0% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | N/A | N/A | $0-100.0% | $0 | $7.5M | $7.5M | $7.5M | N/A |
| Total Liabilities | $2.1M-93.7% | $1.8M-94.4% | $2.0M-94.0% | $2.1M | $33.3M+2243.2% | $33.2M+1554.1% | $33.2M+1241.7% | $0+100.0% |
| Total Equity | -$2.1M-40.9% | -$1.8M-27.5% | -$1.9M-29.9% | -$2.1M | -$1.5M-195.6% | -$1.4M-163.3% | -$1.4M-149.3% | $0-100.0% |
| Retained Earnings | -$12.6M-105.8% | -$12.3M-125.3% | -$9.9M-105.6% | -$8.0M-132.9% | -$6.1M-13092.7% | -$5.5M-12106.1% | -$4.8M-11110.7% | -$3.4M-8977.1% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
GOLQ Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-Q | Q3'2210-Q | Q2'2210-Q | Q1'2210-Q | Q4'2110-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | -$12K+97.5% | $66K+110.9% | N/A | -$465K | -$491K | -$611K | -$1.6M |
| Depreciation & Amortization | N/A | N/A | N/A | N/A | $31K | $31K | $31K | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | $427K | $477K | -$823K | N/A |
| Financing Cash Flow | N/A | N/A | $14K-99.0% | -$172K-111.1% | $38K | $14K | $1.4M | $1.6M |
Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
GOLQ Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-Q | Q3'2210-Q | Q2'2210-Q | Q1'2210-Q | Q4'2110-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | 42.3%-4.3pp | 46.3%+13.8pp | N/A | 46.4% | 46.6% | 32.5% | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | -202.2% | -39.6% | -42.0% | N/A |
| Net Margin | N/A | N/A | N/A | N/A | -202.2% | -39.6% | -42.0% | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | -2.1% | -2.0% | -4.4% | N/A |
| Asset Turnover | 0.000.0x | 0.89+0.8x | 0.62+0.5x | N/A | 0.01 | 0.05 | 0.10 | N/A |
Not reported in any period shown, so not listed: Return on Equity, Current Ratio, Debt-to-Equity, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Note: Shareholder equity is negative (-$2.1M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| GOLOGIQ INC GOLQ | FY2022 | N/A | N/A | N/A | $6K | — |
| WORLDS INC WDDD | FY2024 | N/A | N/A | N/A | $29K | — |
| METRO ONE TELECOMMUNS INC WOWI | FY2022 | $75K | -$3.9M | N/A | $5K | — |
| RIVULET ENTERTAINMENT INC RIVF | FY2025 | $10.0M | -$5.9M | -59.2% | $234K | — |
Where GOLOGIQ INC Ranks
Frequently Asked Questions
What are GOLOGIQ INC's total assets?
GOLOGIQ INC (GOLQ) had $35K in total assets as of fiscal year 2022, including both current and long-term assets.
Why is GOLOGIQ INC's debt-to-equity ratio negative or not reported?
GOLOGIQ INC (GOLQ) has negative shareholder equity of -$2.1M as of fiscal year 2022, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.