Global Interactive Technologies, Inc.
For the period ended Dec 31, 2025. Filed May 26, 2026.
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FY2025 · Filed May 26, 2026
GITS$1.53-1.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
GLOBAL INTERACTIVE TECHNOLOGIES, INC. AND ITS SUBSIDIARIES
For the Years Ended December 31, 2025 and 2024
| December 31, 2025 ($) | December 31, 2024 ($) | |
|---|---|---|
| Sales | 1,932 | - |
| Cost of Revenue | - | - |
| Gross profit | 1,932 | - |
| Operating cost and expenses | (2,440,752) | (888,363) |
| OPERATING LOSS | (2,438,820) | (888,363) |
| OTHER INCOME (EXPENSE): | ||
| Impairment loss on intangible assets | (1,019,611) | (94,264) |
| Gain on disposal of subsidiary, net | - | 12,400,373 |
| Loss on disposal of tangible assets | - | (23,937) |
| Interest income (expense), net | (7,017) | (1,181) |
| Gain on foreign currency transactions | 1,924 | 3,617 |
| Debt Extinguishment loss | (1,168,228) | - |
| Bad-debt expense of other assets | (349) | (16,179,823) |
| Other expense, net | (792) | (73) |
| Net other income | (2,194,073) | (3,895,288) |
| Net Loss from continuing operations before tax | (4,632,893) | (4,783,651) |
| Income tax expense | - | - |
| Net loss from continuing operations | (4,632,893) | (4,783,651) |
| Net Loss from discontinued operations before tax | - | (1,388,318) |
| Income tax benefit | - | - |
| Net Loss from discontinued operations | - | (1,388,318) |
| Net Loss | (4,632,893) | (6,171,969) |
| Basic net loss per share: | ||
| Loss from continuing operations | (1.44) | (1.81) |
| Loss from discontinued operations | - | (0.53) |
| Total basic net loss per share | (1.44) | (2.34) |
| Diluted net loss per share: | ||
| Loss from continuing operations | (1.44) | (1.81) |
| Loss from discontinued operations | - | (0.53) |
| Total diluted net loss per share | (1.44) | (2.34) |
| Weighted average number of common shares outstanding: | ||
| Basic and Diluted | 3,220,583 | 2,640,429 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.