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Global Interactive Technologies, Inc.

For the period ended Jun 30, 2026. Filed Sep 9, 2026.

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About 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.

Jun 30, 2026 · Filed Sep 9, 2026

GITS$1.55+0.6%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30,2026

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________ to __________

Commission File Number:001-41763

Global Interactive Technologies, Inc

(Exact name of Registrant as specified in its charter)

Delaware88-1368281
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification Number)

160, Yeouiseo-ro,

Yeongdeungpo-Gu, Seoul

Republic of Korea,07231

(Address principal executive offices and Zip Code)

Registrant’s telephone number, including area code:+82-2-564-8588

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.001 par value per shareGITSThe Nasdaq Stock Market LLC (Nasdaq Capital Market)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer☐Accelerated filer☐
Non-accelerated filer☒Smaller reporting company☒
Emerging growth company☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No☒

As of September 9, 2026, a total of 4,203,104 shares of Common Stock (par value $0.001 per share) were issued and outstanding.

TABLE OF CONTENTS

Page
PART I – FINANCIAL INFORMATIONF-1
Item 1.Unaudited Condensed Consolidated Financial StatementsF-1
Condensed Consolidated Balance Sheets as of June 30, 2026 and December 31, 2025F-1
Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2026 and 2025F-2
Condensed Consolidated Statements of Changes in Stockholders’ Equity for the Three and Six Months Ended June 30, 2026 and 2025F-3
Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2026 and 2025F-4
Condensed Consolidated Statements of Comprehensive Loss for the Three and Six Months Ended June 30, 2026 and 2025F-5
Notes to Condensed Consolidated Financial StatementsF-6
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations1
Item 3.Quantitative and Qualitative Disclosures About Market Risk7
Item 4.Controls and Procedures7
PART II – OTHER INFORMATION8
Item 1.Legal Proceedings8
Item 1A.Risk Factors8
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds8
Item 3.Defaults Upon Senior Securities8
Item 4.Mine Safety Disclosures8
Item 5.Other Information8
Item 6.Exhibits9
SIGNATURES10

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SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on our management’s beliefs and assumptions and on information currently available to management, and which statements involve substantial risk and uncertainties. All statements contained in this Quarterly Report on Form 10-Q other than statements of historical fact, including statements regarding our future operating results and financial position, our business strategy and plans, market growth and trends, and objectives for future operations are forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward- looking statements because they contain words such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions.

These risks and uncertainties include, among other things, the risk that we may not be able to successfully implement our growth strategy due to the following reasons;

●our ability to continue as a going concern given that we have incurred recurring losses from operations, have an accumulated deficit, minimal revenues, cash used in operating activities, dependence on additional financing, and our auditors have stated that substantial doubt exists about our ability to continue as a going concern;
●our ability to obtain significant additional capital, which we may be unable to obtain and will require to continue as a going concern;
●overall strength and stability of general economic conditions and of the social media platform and content creation industry in the United States and globally;
●changes in consumer demand for, and acceptance of, our services, including our platform, as well as social media platforms in general;
●changes in the competitive environment, including adoption of technologies, services and products that compete with our own;
●our expectations regarding our future operating and financial performance;
●our ability to effectively execute our business plan and continue to expand internationally;
●our ability to recruit, retain, and motivate skilled personnel, including key members of senior management;
●changes in the price of equipment, network infrastructure, hosting and maintenance;
●uncertainties around the successful improvement and modification of our existing applications and development of new products and services, which may require significant expenditures and time;
●changes in laws or regulations governing our business and operations;
●our ability to maintain adequate liquidity and financing sources and an appropriate level of debt on terms favorable to us;
●our ability to effectively market our services;
●costs and risks associated with litigation brought against us;
●our ability to obtain and protect our existing intellectual property protections, including trademarks and copyrights;
●changes in accounting principles, or their application or interpretation, and our ability to make estimates and the assumptions underlying the estimates, which could have an effect on earnings;
●our ability to maintain the listing of our shares on the Nasdaq Capital Market or our ability to list our shares on any other exchange and maintain such listing; and
●other risks described from time to time in periodic and current reports that we file with the SEC.

You should not rely upon forward-looking statements as predictions of future events. We have based the forward-looking statements contained in this Quarterly Report on Form 10-Q primarily on our current expectations and projections about future events and trends that we believe may affect our business, financial condition, results of operations, and prospects. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties, and other factors described in the section titled “Risk Factors” and found on Form 10-K filed for the year ended December 31, 2025. We undertake no obligation to update any forward-looking statements after the date of this Quarterly Report on Form 10-Q or to conform such statements to actual results or revised expectations, except as required by law.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.