GOLOGIQ INC Financials
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).
GoLogiq’s reported balance sheet is dominated by negative equity and liabilities far exceeding recorded assets.
By FY2022,$2.1M of liabilities sat against only$35K of assets, producing negative equity of-$2.1M ; FY2019 showed the same structure at a different scale. The recurring mismatch means the statements describe a business financed primarily through obligations rather than a substantial asset base.
The latest usable operating information is FY2021, when revenue was
Shares outstanding increased from
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 earned -$0.13 per diluted share (EPS) in fiscal year 2022. This represents a decrease of 2.3% from the prior year.
Not reported for fiscal year 2022.
Not reported for fiscal year 2022.
Not reported for fiscal year 2022.
Cash & Balance Sheet
GOLOGIQ INC held $35K in cash as of fiscal year 2022; long-term debt is not reported for that period.
Not reported for fiscal year 2022.
Not reported for fiscal year 2022.
Margins & Returns
None of these metrics is reported for fiscal year 2022.
Capital Allocation
None of these metrics is reported for fiscal year 2022.
GOLQ Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0-100.0% | $3K-96.4% | $72K | N/A | $335K-79.5% | $1.6M-50.6% | $3.3M | N/A |
| Cost of Revenue | $0-100.0% | $1K-96.2% | $39K | N/A | $180K-79.4% | $873K-60.9% | $2.2M | N/A |
| Gross Profit | $0-100.0% | $1K-96.7% | $33K | N/A | $155K-79.6% | $760K-29.2% | $1.1M | N/A |
| R&D Expenses | $0 | N/A | $55K | N/A | $321K-67.1% | $975K-10.6% | $1.1M | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | $512K+18.4% | $432K-68.4% | $1.4M | N/A |
| Operating Income | N/A | N/A | N/A | N/A | -$677K-4.7% | -$647K+53.5% | -$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-4.7% | -$647K+53.5% | -$1.4M | N/A |
| EPS (Diluted) | $0.00 | -$0.02+48.6% | -$0.04 | -$0.05-163.2% | -$0.02-5.6% | -$0.02+65.4% | -$0.05-126.4% | $0.20 |
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.
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $237-91.8% | $3K-97.5% | $115K+227.6% | $35K-99.9% | $31.8M+0.1% | $31.8M+0.2% | $31.7M | $0 |
| Cash & Equivalents | $237-91.8% | $3K-97.5% | $115K+227.6% | $35K | $0 | $0 | $0 | $0 |
| Goodwill | N/A | N/A | $0 | $0-100.0% | $7.5M0.0% | $7.5M0.0% | $7.5M | N/A |
| Total Liabilities | $2.1M+13.3% | $1.8M-6.5% | $2.0M-6.2% | $2.1M-93.7% | $33.3M+0.2% | $33.2M+0.2% | $33.2M | $0 |
| Total Equity | -$2.1M-13.4% | -$1.8M+0.9% | -$1.9M+10.2% | -$2.1M-39.6% | -$1.5M-2.6% | -$1.4M-1.0% | -$1.4M | $0 |
| Retained Earnings | -$12.6M-2.7% | -$12.3M-24.3% | -$9.9M-24.1% | -$8.0M-30.0% | -$6.1M-12.4% | -$5.5M-13.4% | -$4.8M-40.6% | -$3.4M |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, 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.
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | -$12K-118.3% | $66K | N/A | -$465K+5.3% | -$491K+19.7% | -$611K+60.7% | -$1.6M |
| Investing Cash Flow | N/A | N/A | N/A | N/A | $427K-10.5% | $477K+157.9% | -$823K | N/A |
| Financing Cash Flow | N/A | N/A | $14K+108.0% | -$172K-552.2% | $38K+171.1% | $14K-99.0% | $1.4M-7.7% | $1.6M |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
GOLQ Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | 42.3%-4.0pp | 46.3% | N/A | 46.4%-0.2pp | 46.6%+14.1pp | 32.5% | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | -202.2% | -39.6%+2.4pp | -42.0% | N/A |
| Net Margin | N/A | N/A | N/A | N/A | -202.2% | -39.6%+2.4pp | -42.0% | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | -2.1%-0.1pp | -2.0%+2.3pp | -4.4% | 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.
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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.