Global Interactive Technologies, Inc.
For the period ended Dec 31, 2025. Filed May 26, 2026.
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 May 26, 2026
GITS$1.53-1.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Shareholders’ Deficit
Consolidated Statements of Changes in Stockholders’ Equity
For the Years Ended December 31, 2025 and 2024
| Shares (Common shares) | Amount($) | Additional Paid-in and Other Capital($) | Accumulated Deficit($) | Accumulated Other Comprehensive Gain (Loss)($) | Non- controlling interests($) | Total Stockholder’s Equity (Deficiency)($) | |
|---|---|---|---|---|---|---|---|
| Balance at December 31, 2023 | 2,640,402 | 2,640 | 51,465,645 | (38,893,762) | 493,942 | - | 13,068,465 |
| Reclassification of APIC to Accumulated Deficit | - | - | (7,164,430) | 7,164,430 | - | - | - |
| Currency translation adjustment | - | - | - | - | (1,160,412) | - | (1,160,412) |
| Net loss | - | (6,171,969) | - | (6,171,969) | |||
| Balance at December 31, 2024 | 2,640,402 | 2,640 | 44,301,215 | (37,901,301) | (666,470) | - | 5,736,084 |
| Issuance of common stock upon debt conversion at $0.70 per share, net of issuance costs | 300,000 | 300 | 209,700 | - | - | - | 210,000 |
| Issuance of common stock upon debt conversion at $0.70 per share, net of issuance costs | 246,666 | 247 | 172,419 | - | - | - | 172,666 |
| Issuance of common stock upon debt conversion at $1.19 per share, net of issuance costs | 90,123 | 90 | 105,354 | - | - | - | 105,444 |
| Issuance of common stock upon debt conversion at $1.27 per share, net of issuance costs | 271,634 | 272 | 350,138 | - | - | - | 350,410 |
| Fair value adjustment - loss on debt extinguishment | - | - | 1,168,228 | - | - | - | 1,168,228 |
| Exercise of warrants at $1.42 per share by cash considerations, net of issuance cost | 125,383 | 125 | 177,919 | - | - | - | 177,919 |
| Currency translation adjustment | - | 154,722 | - | 154,722 | |||
| Net loss | - | - | - | (4,632,893) | - | - | (4,632,893) |
| Balance at December 31, 2025 | 3,674,208 | 3,674 | 46,484,973 | (42,534,194) | (511,748) | - | 3,442,705 |
| * | As of December 31, 2025, the Company’s issued and outstanding common shares are 3,674,208. On January 27, 2025, the Company effected a 1-for-20 reverse stock split of its issued and outstanding common shares. As a result of the reverse stock split, every 20 shares of the Company’s issued and outstanding common stock were combined into one share, reducing the total number of issued shares from 52,808,589 to 2,640,429. Due to rounding, 27 fractional shares were eliminated, and the resulting $0.54 difference was adjusted from common stock to additional paid-in capital. The par value per share is $0.001. |
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.