GLOBAL TECHNOLOGIES LTD
For the period ended Jun 30, 2025. Filed Dec 30, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Dec 30, 2025
GTLLStored price and day change unavailable
What changed in Management’s Discussion and Analysis?
Read the current filingPrevious report: 10-K
Period ended 2024-06-30; filed 2024-09-25.
0001493152-24-038049
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of OperationsCurrent report: 10-K
Period ended 2025-06-30; filed 2025-12-30.
0001493152-25-029524
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of OperationsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 40 previous paragraphs and 37 current paragraphs.
24 unchanged; 10 reworded; 3 added; 6 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 2 previous and 2 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (3)
Current report
Since our inception on January 20, 1999, Global Technologies, Ltd. (“GTLL”) has experienced limited revenue generation through various stages of business development. For the fiscal year ended June 30, 2025, GTLL operated primarily through its wholly owned subsidiary, 10 Fold Services, LLC, which served as the Company’s principal source of revenue. During the period, GTLL concluded its prior share exchange and business development agreement with GOe3, LLC, and transitioned its focus to the launch of Primecare Supply, LLC—a newly formed and expanded successor to 10 Fold Services. Primecare Supply represents an evolution of GTLL’s business strategy, leveraging the Company’s experience in technology, procurement, and health-tech solutions to create a diversified and scalable revenue platform.
Current report
While GTLL continues to face the inherent risks associated with limited working capital and the execution of new business initiatives, management believes the establishment of Primecare Supply positions the Company for sustainable growth and long-term value creation.
Current report
Income (loss) from Operations
Removed paragraphs (6)
Previous report
Since our inception on January 20, 1999, we have generated minimal revenue from our operations. We cannot guarantee we will be successful in our business operations. We have limited financial resources and limited operations until such time that we are able to begin to generate revenue from our own operations. Our business is subject to risks inherent in the establishment of a new business plan through the start-up of 10 Fold Services and subsequent acquisition of Goe3, including the financial risks associated with the limited capital resources currently available to us and risks associated with the implementation of our business strategies.
Previous report
For the years ended June 30, 2024 and 2023, our cost of revenues was $576,630 and $0, respectively. The makeup of the cost of goods sold for the year ended June 30, 2024 was 100% comprised of costs associated with the revenue derived from 10 Fold Services.
Previous report
Loss from Operations
Previous report
We had net cash (used in) operating activities for the years ended June 30, 2024 and June 30, 2023 of ($38,738) and ($392,437), respectively.
Previous report
We had net cash (used in) investing activities for the years ended June 30, 2024 and June 30, 2023 of $0 and ($15,000), respectively.
Previous report
We had net cash provided by financing activities for the years ended June 30, 2024 and June 30, 2023 of $136,185 and $101,243, respectively.
Reworded paragraphs (10)
Previous wording
For the years ended June 30, 2024 and 2023, we generated $1,057,685 and $17,000 in revenue, respectively. Our revenue for the year ended June 30, 2024 was entirely comprised of revenue generated through the Company’s wholly owned subsidiary, 10 Fold Services. Our revenue for the year ended June 30, 2023 was entirely comprised from consulting services.
Current wording
For the years ended June 30, 2025 and 2024, we generated $3,139,008 and $1.057,685 in revenue, respectively. Our revenue for the years ended June 30, 2025 and 2024 was mainly comprised of revenue generated through the Company’s wholly owned subsidiary, 10 Fold Services.
Previous wording
Our operating expenses were $693,039 and $540,212 for the years ended June 30, 2024 and 2023, respectively. The increase in operating expenses for the year ended June 30, 2024 is largely attributable to an increase in professional services.
Current wording
Our operating expenses were $874,203 and $693,039 for the years ended June 30, 2025 and 2024, respectively. The increase in operating expenses for the year ended June 30, 2025 is largely attributable to an increase in professional services.
Previous wording
We incurred $100,000 and $378,634 in officer and director related compensation for the years ended June 30, 2024 and 2023, respectively.
Current wording
We incurred $304,183 and $100,000 in officer and director related compensation for the years ended June 30, 2025 and 2024, respectively.
Previous wording
The Company’s loss from operations decreased to ($211,984) for the year ended June 30, 2024 from ($523,212) for the year ended June 30, 2023, a decrease of $311,228. The decrease in loss from operations is largely attributable to the Company’s increase in revenue for the year ended June 30, 2024.
Current wording
The Company’s income from operations increased for the year ended June 30, 2025 from a loss of $(211,984) for the year ended June 30, 2024, to $171,468 for the year ended June 30, 2025. The increase in operations is largely attributable to the Company’s increase in revenue for the year ended June 30, 2025.
Previous wording
Other income (expenses) were $1,024,065 for the year ended June 30, 2024 versus ($510,828) for the year ended June 30, 2023. The increase in other income for the year ended June 30, 2024 is largely attributable to a gain on derivative liability of $1,545,336, forgiveness of debt and accrued interest of $196,832 and gain on sale of commercial property of $180,378.
Current wording
Other income (expenses) were $(514,149) for the year ended June 30, 2025 versus 647,458 for the year ended June 30, 2024. The decrease in other income for the year ended June 30, 2025 is largely attributable to the decrease in derivative liability of $964,680, and loss on disposal of equipment of $72,656.
Previous wording
For the year ended June 30, 2024, our net income increased to $812,081, as compared to a net loss of ($1,034,040) for the year ended June 30, 2023, an increase of $1,846,121. The increase in net income is largely attributable to the Company’s increase in revenue and increase in other income.
Current wording
For the year ended June 30, 2025, our net income decreased to $(342,681), as compared to a net income for the year ended June 30, 2024, of $265,421. The decrease in net income is largely attributable to the Company’s decrease in other income.
Previous wording
Our cash on hand as of June 30, 2024 and June 30, 2023, was $115,747 and $18,300, respectively.
Current wording
Our cash on hand as of June 30, 2025 and June 30, 2024, was $68,108 and $115,747, respectively.
Previous wording
Our independent registered public accounting firm has expressed doubt about our ability to continue as a going concern and believes that our ability is dependent on our ability to implement our business plan, raise capital and generate revenues. PleaseseeNOTE O- GOING CONCERN UNCERTAINTY for further information.
Current wording
Our independent registered public accounting firm has expressed doubt about our ability to continue as a going concern and believes that our ability is dependent on our ability to implement our business plan, raise capital and generate revenues. PleaseseeNOTE M- GOING CONCERN UNCERTAINTY for further information.
Previous wording
Our Notes payable, third parties, were $435,000 and $390,000 as of June 30, 2024, and June 30, 2023, respectively. Please seeNOTE I – NOTES PAYABLE, THIRD PARTIESfor a full schedule of all notes payable to third parties, including issue date, maturity date and interest rate.
Current wording
Our Notes payable, third parties, were $300,000 and $435,000 as of June 30, 2025, and June 30, 2024, respectively. Please seeNOTE G – NOTES PAYABLE, THIRD PARTIESfor a full schedule of all notes payable to third parties, including issue date, maturity date and interest rate.
Previous wording
Our loans payable, related parties, was $68,269 and $2,250 as of June 30, 2024 and June 30, 2023, respectively.
Current wording
Our loans payable, related parties, was $100 and $68,269 as of June 30, 2025 and June 30, 2024, respectively.