Here are the 10-K annual reports from Global Interactive Technologies, Inc. (GITS) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow GITS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GITS filings page.
Global Interactive Technologies, Inc. reports that it remains an early-stage, loss-making digital fandom platform operator centered on its Faning app for K‑culture and K‑pop fans. The company focuses on community tools, multilingual real-time translation in 17 languages, and a Faning Point (FP) reward system, fixed at 1 FP to 100 Korean Won, to drive engagement and monetization through Vote and Boost features, subscriptions, ads, and e‑commerce.
For the year ended December 31, 2025, it incurred a net loss of about $4.6 million, following a $6.2 million loss for 2024, bringing its accumulated deficit to roughly $42.5 million. Its auditor included a going concern explanatory paragraph, citing recurring losses and negative working capital. Management estimates current cash covers only about two months of operations at an expected burn of approximately $250,000 per month, and indicates it will need around $3.0 million of additional capital over the next 12 months to continue executing its plan.