GLOBAL TECHNOLOGIES LTD
For the period ended Dec 31, 2025. Filed Feb 20, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2025 · Filed Feb 20, 2026
What changed in Management’s Discussion and Analysis?
Read the current filingPrevious report: 10-Q
Period ended 2025-09-30; filed 2026-01-20.
0001493152-26-002920
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsCurrent report: 10-Q
Period ended 2025-12-31; filed 2026-02-20.
0001493152-26-007533
Item 2. 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 79 previous paragraphs and 74 current paragraphs.
60 unchanged; 13 reworded; 1 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 (1)
Current report
Net Income (Loss)
Removed paragraphs (6)
Previous report
The following table sets forth information comparing the components of net income for the three months ended September 30, 2025 and 2024:
Previous report
Cost of Revenues
Previous report
For the three months ended September 30, 2025 and 2024, cost of revenues was $98,397 and $191,889, respectively. The makeup of the cost of goods sold for the three months ended September 30, 2025 was entirely comprised of costs associated with the revenue derived from Primecare Supply
Previous report
Gross Profit
Previous report
For the three months ended September 30, 2025 and 2024, gross profit was $96,928 and $477,542, respectively.
Reworded paragraphs (13)
Previous wording
Our principal executive office is located at 806 Green Valley Road, Suite 200, Greensboro, North Carolina 27408 and our telephone number is (973) 233-5151. Our website address iswww.globaltechnologiesltd.info. The information provided on our website is not part of this Quarterly Report and is therefore not incorporated by reference unless such information is otherwise specifically referenced elsewhere in this Quarterly Report.
Current wording
Our principal executive office is located at 806 Green Valley Road, Suite 200, Greensboro, North Carolina 27408 and our telephone number is (336) 740-9017. Our website address iswww.globaltechnologiesltd.info. The information provided on our website is not part of this Quarterly Report and is therefore not incorporated by reference unless such information is otherwise specifically referenced elsewhere in this Quarterly Report.
Previous wording
For the Three Months Ended September 30, 2025 Compared to the Three Months Ended September 30, 2024
Current wording
For the Three and Six Months Ended December 31, 2025 Compared to the Three and Six Months Ended December 31, 2024
Previous wording
For the three months ended September 30, 2025 and 2024, we generated revenue of $195,325 and $669,431, respectively. Our revenue for the three months ended September 30, 2025 was largely attributable to revenue generated through Primecare Supply.
Current wording
For the six months ended December 31, 2025 and 2024, we generated revenue of $541,293 and $1,586,508, respectively. Our revenue for the six months ended December 31, 2025 was largely attributable to revenue generated through Primecare Supply.
Previous wording
Selling, general and administrative expenses were $65,774 and $42,984 for the three months ended September 30, 2025 and 2024, respectively, representing an increase of $22,790, or 53.02%.
Current wording
Selling, general and administrative expenses were $478,462 and $375,702 for the six months ended December 31, 2025 and 2024, respectively, representing an increase of $102,760, or 27.35%.
Previous wording
Other Income (expenses) were $274,413 and ($10,095) for the three months ended September 30, 2025 and 2024, respectively, representing an increase in other income of $285,408. The other (expenses) for the three months ended September 30, 2025 and 2024 was made up of interest expense.
Current wording
Other Income (expenses) were $266,626 and ($19,070) for the six months ended December 31, 2025 and 2024, respectively, representing an increase in other income of $285,696. Gain on derivative liability was $282,000 for the six months ended December 31, 2025.
Previous wording
There was no income tax expense for the three months ended September 30, 2025 and September 30, 2024.
Current wording
There was no income tax expense for the six months ended December 31, 2025 and 2024.
Previous wording
For the three months ended September 30, 2025, net income was $166,199 as compared to net income of $262,547 for three months ended September 30, 2024, a decrease of $96,348.
Current wording
For the six months ended December 31, 2025, net income was $21,439 as compared to net income of $217,352 for six months ended December 31, 2024, a decrease of $195,913.
Previous wording
The following table summarizes the cash flows for the three months ended September 30, 2025 and 2024:
Current wording
The following table summarizes the cash flows for the six months ended December 31, 2025 and 2024:
Previous wording
As of September 30, 2025 and 2024, the Company had cash of $152,977 and $292,861, respectively.
Current wording
As of December 31, 2025 and 2024, the Company had cash of $41,408 and $63,896, respectively.
Previous wording
We had cash used in operating activities of ($115,031) for the three months ended September 30, 2025, compared to new cash provided by operating activites of $217,114 for the three months ended September 30, 2024. The net cash used in operating activities for the three months ended September 30, 2025 consisted primarily of net income of $166,199 offset by a gain on derivative liability in the amount of $282,000, security deposit of $4,221 and accounts payable of $2,571.
Current wording
We had cash used in operating activities of ($226,600) for the six months ended December 31, 2025, compared to new cash provided by operating activities of $98,489 for the six months ended December 31, 2024. The net cash used in operating activities for the six months ended December 31, 2025 consisted primarily of net income of $21,439 offset by a gain on derivative liability in the amount of $282,000, security deposit of $4,221, accounts payable of $23,059, and accrued interest of 15,123.
Previous wording
We had cash provided by investing activities of $- and $- for the three months ended September 30, 2025 and 2024, respectively.
Current wording
We had cash provided by investing activities of $- and $- for the six months ended December 31, 2025 and 2024, respectively.
Previous wording
We had cash (used in) provided by financing activities of $0 and ($40,000) for the three months ended September 30, 2025 and 2024, respectively, of which $40,000 was for payments against convertible notes payable during the three months ended September 30, 2024.
Current wording
We had cash (used in) provided by financing activities of $199,900 and ($150,340) for the six months ended December 31, 2025 and 2024, respectively.
Previous wording
Neither inflation nor changing prices for the three months ended September 30, 2025 had a material impact on our operations.
Current wording
Neither inflation nor changing prices for the six months ended December 31, 2025 had a material impact on our operations.