2025 Q1 Form 10-K Financial Statement

#000168316825000206 Filed on January 10, 2025

View on sec.gov

Income Statement

Concept 2025 Q1 2024 Q4 2024
Revenue $52.80K
YoY Change -38.75%
Cost Of Revenue $9.500K
YoY Change -59.57%
Gross Profit $43.30K
YoY Change -30.94%
Gross Profit Margin 82.01%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $75.86K
YoY Change 26.67%
Operating Profit -$32.56K
YoY Change -1256.55%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$32.56K
YoY Change -1256.55%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$32.56K
YoY Change -1471.98%
Net Earnings / Revenue -61.66%
Basic Earnings Per Share $0.00
Diluted Earnings Per Share $0.00
COMMON SHARES
Basic Shares Outstanding 12.00M shares 9.083M shares
Diluted Shares Outstanding 9.083M shares

Balance Sheet

Concept 2025 Q1 2024 Q4 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $107.5K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $116.9K
YoY Change 381.56%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $116.9K
Total Long-Term Assets $0.00
Total Assets $116.9K
YoY Change 381.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $386.00
YoY Change -91.6%
Accrued Expenses $0.00
YoY Change -100.0%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $7.545K
YoY Change -66.31%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $7.545K
Total Long-Term Liabilities
Total Liabilities $7.545K
YoY Change -66.31%
SHAREHOLDERS EQUITY
Retained Earnings -$31.18K
YoY Change -2371.23%
Common Stock $1.200K
YoY Change 140.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $109.3K
YoY Change
Total Liabilities & Shareholders Equity $116.9K
YoY Change 381.56%

Cashflow Statement

Concept 2025 Q1 2024 Q4 2024
OPERATING ACTIVITIES
Net Income -$32.56K
YoY Change -1471.98%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$54.57K
YoY Change -352.63%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $140.0K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $140.0K
YoY Change 27900.0%
NET CHANGE
Cash From Operating Activities -$54.57K
Cash From Investing Activities
Cash From Financing Activities $140.0K
Net Change In Cash $85.44K
YoY Change 286.6%
FREE CASH FLOW
Cash From Operating Activities -$54.57K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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<p id="xdx_840_eus-gaap--UseOfEstimates_zdE7CHQBWkoe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration: underline"><span id="xdx_86C_zq2iAeLzSj7">Use of Estimates</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Management uses estimates and assumptions in preparing these financial statements in accordance with US GAAP. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities in the balance sheets, and the reported revenue and expenses during the periods reported. Actual results may differ from these estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
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CY2024 dei Amendment Flag
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CY2024 dei Document Transition Report
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0001683168-25-000206-index-headers.html Edgar Link pending
0001683168-25-000206-index.html Edgar Link pending
0001683168-25-000206.txt Edgar Link pending
0001683168-25-000206-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
gmtech_ex3101.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
gmtech_ex3102.htm Edgar Link pending
gmtech_ex3200.htm Edgar Link pending
gmtech_i10k-103124.htm Edgar Link pending
gmth-20241031.xsd Edgar Link pending
image_001.jpg Edgar Link pending
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gmth-20241031_cal.xml Edgar Link unprocessable
gmth-20241031_lab.xml Edgar Link unprocessable
gmth-20241031_pre.xml Edgar Link unprocessable
gmth-20241031_def.xml Edgar Link unprocessable
gmtech_i10k-103124_htm.xml Edgar Link completed
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