2023 Q1 Form 10-Q Financial Statement
#000173112223000998 Filed on May 22, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q1 |
---|---|---|
Revenue | $217.8K | $270.0K |
YoY Change | -19.33% | 499.93% |
Cost Of Revenue | $176.1K | $209.0K |
YoY Change | -15.74% | |
Gross Profit | $41.69K | $60.98K |
YoY Change | -31.63% | 35.51% |
Gross Profit Margin | 19.14% | 22.59% |
Selling, General & Admin | $204.3K | $1.006M |
YoY Change | -79.7% | 19.77% |
% of Gross Profit | 490.0% | 1650.38% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | ||
YoY Change | ||
% of Gross Profit | ||
Operating Expenses | $498.2K | $1.006M |
YoY Change | -50.49% | 19.77% |
Operating Profit | -$456.5K | -$945.4K |
YoY Change | -51.71% | 18.88% |
Interest Expense | $1.596M | $4.871M |
YoY Change | -67.24% | -199.8% |
% of Operating Profit | ||
Other Income/Expense, Net | -$5.173M | $1.060K |
YoY Change | -488135.66% | -99.65% |
Pretax Income | -$5.630M | $3.926M |
YoY Change | -243.39% | -173.04% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$5.630M | $3.926M |
YoY Change | -243.39% | -173.04% |
Net Earnings / Revenue | -2584.99% | 1454.32% |
Basic Earnings Per Share | $0.00 | $0.12 |
Diluted Earnings Per Share | $0.00 | $46.32K |
COMMON SHARES | ||
Basic Shares Outstanding | 2.382B shares | 33.39M shares |
Diluted Shares Outstanding | 25.71B shares | 84.77M shares |
Balance Sheet
Concept | 2023 Q1 | 2022 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $66.72K | $278.6K |
YoY Change | -76.05% | -84.76% |
Cash & Equivalents | $59.07K | $496.8K |
Short-Term Investments | $7.650K | $110.0K |
Other Short-Term Assets | $556.00 | $383.1K |
YoY Change | -99.85% | |
Inventory | $7.567K | $29.37K |
Prepaid Expenses | ||
Receivables | $40.65K | $82.96K |
Other Receivables | $193.8K | $0.00 |
Total Short-Term Assets | $381.5K | $774.0K |
YoY Change | -50.71% | -74.43% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | ||
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $556.00 | |
YoY Change | ||
Total Long-Term Assets | $0.00 | $0.00 |
YoY Change | -100.0% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $381.5K | $774.0K |
Total Long-Term Assets | $0.00 | $0.00 |
Total Assets | $381.5K | $774.0K |
YoY Change | -50.71% | -83.97% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.619M | $1.173M |
YoY Change | 38.01% | 51.78% |
Accrued Expenses | $367.7K | $7.520M |
YoY Change | -95.11% | 21.21% |
Deferred Revenue | $38.94K | |
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $7.004M | $11.01M |
YoY Change | -36.4% | -19.94% |
Total Short-Term Liabilities | $23.10M | $25.08M |
YoY Change | -7.92% | -0.86% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $945.5K | $373.1K |
YoY Change | 153.39% | 152.96% |
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $945.5K | $373.1K |
YoY Change | 153.39% | 152.96% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $23.10M | $25.08M |
Total Long-Term Liabilities | $945.5K | $373.1K |
Total Liabilities | $24.04M | $25.46M |
YoY Change | -5.56% | 0.03% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$304.9M | |
YoY Change | ||
Common Stock | $29.30K | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $643.1K | |
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$23.66M | -$24.68M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $381.5K | $774.0K |
YoY Change | -50.71% | -83.97% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$5.630M | $3.926M |
YoY Change | -243.39% | -173.04% |
Depreciation, Depletion And Amortization | ||
YoY Change | ||
Cash From Operating Activities | -$112.6K | $244.2K |
YoY Change | -146.12% | -153.44% |
INVESTING ACTIVITIES | ||
Capital Expenditures | ||
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | -$125.0K |
YoY Change | -100.0% | |
Cash From Investing Activities | -$125.0K | |
YoY Change | ||
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $65.06K | 222.4K |
YoY Change | -70.75% | -50.08% |
NET CHANGE | ||
Cash From Operating Activities | -$112.6K | 244.2K |
Cash From Investing Activities | -125.0K | |
Cash From Financing Activities | $65.06K | 222.4K |
Net Change In Cash | -$47.57K | 341.7K |
YoY Change | -113.92% | |
FREE CASH FLOW | ||
Cash From Operating Activities | -$112.6K | $244.2K |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
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Marketing Expense
MarketingExpense
|
341132 | usd |
CY2023Q1 | us-gaap |
Acquisition Costs
AcquisitionCosts
|
293930 | usd |
CY2022Q1 | us-gaap |
Acquisition Costs
AcquisitionCosts
|
535887 | usd |
CY2023Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
498229 | usd |
CY2022Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
1006402 | usd |
CY2023Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-456535 | usd |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-945419 | usd |
CY2023Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
147628 | usd |
CY2022Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
68485 | usd |
CY2023Q1 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
-3924247 | usd |
CY2022Q1 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
5239579 | usd |
CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
1595650 | usd |
CY2022Q1 | us-gaap |
Interest Expense
InterestExpense
|
235493 | usd |
CY2023Q1 | us-gaap |
Other Expenses
OtherExpenses
|
6031 | usd |
CY2023Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
315297 | usd |
CY2023Q1 | gtch |
Change In Fair Value Of Marketable Securities
ChangeInFairValueOfMarketableSecurities
|
8547 | usd |
CY2022Q1 | gtch |
Change In Fair Value Of Marketable Securities
ChangeInFairValueOfMarketableSecurities
|
65000 | usd |
CY2023Q1 | us-gaap |
Other Income
OtherIncome
|
193628 | usd |
CY2022Q1 | us-gaap |
Other Income
OtherIncome
|
1057 | usd |
CY2023Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-5173178 | usd |
CY2022Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
4871658 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-5629713 | usd |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
3926239 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-5629713 | usd |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
3926239 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5629713 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3926239 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2381753489 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
33387530 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
25705601964 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
84767611 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.12 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.05 | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-18830909 | usd |
CY2023Q1 | gtch |
Common Stock Issued For Conversion Of Convertible Debt And Accrued Interest
CommonStockIssuedForConversionOfConvertibleDebtAndAccruedInterest
|
403548 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
|
316223 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
80000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-5629713 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-23660851 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-28761981 | usd |
CY2022Q1 | gtch |
Common Stock Issued For Conversion Of Convertible Debt And Accrued Interest
CommonStockIssuedForConversionOfConvertibleDebtAndAccruedInterest
|
35000 | usd |
CY2022Q1 | us-gaap |
Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
|
49504 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
68308 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
59067 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
496760 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
3926239 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-24682930 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5629713 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3926239 | usd |
CY2023Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
147628 | usd |
CY2022Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
68486 | usd |
CY2023Q1 | gtch |
Change In Fair Value Of Derivative Liability
ChangeInFairValueOfDerivativeLiability
|
3924246 | usd |
CY2022Q1 | gtch |
Change In Fair Value Of Derivative Liability
ChangeInFairValueOfDerivativeLiability
|
-5239579 | usd |
CY2023Q1 | gtch |
Excess Of Debt Discount And Financing Costs
ExcessOfDebtDiscountAndFinancingCosts
|
1376302 | usd |
CY2023Q1 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
80000 | usd |
CY2023Q1 | gtch |
Change In Fair Value Of Marketable Security
ChangeInFairValueOfMarketableSecurity
|
8546 | usd |
CY2022Q1 | gtch |
Change In Fair Value Of Marketable Security
ChangeInFairValueOfMarketableSecurity
|
65000 | usd |
CY2023Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
315297 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
15407 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
82964 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-4687 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-3750000 | usd |
CY2022Q1 | gtch |
Increase Decrease In Cash Held In Trust
IncreaseDecreaseInCashHeldInTrust
|
58002 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
59722 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
556 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-4002 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
29367 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-48921 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-225 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-2500 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-1056 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
414070 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-2270304 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-112635 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
244232 | usd |
CY2022Q1 | gtch |
Cash Paid For Investment To Tghi
CashPaidForInvestmentToTghi
|
125000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-125000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
104300 | usd |
CY2022Q1 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
68306 | usd |
CY2023Q1 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
302700 | usd |
CY2022Q1 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
182618 | usd |
CY2023Q1 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
39043 | usd |
CY2023Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
302506 | usd |
CY2022Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
336734 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
65063 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
222422 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-47572 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
341654 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
106639 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
155106 | usd |
CY2023Q1 | gtch |
Cash Equivalent At Carrying Value
CashEquivalentAtCarryingValue
|
-59067 | usd |
CY2022Q1 | gtch |
Cash Equivalent At Carrying Value
CashEquivalentAtCarryingValue
|
113616 | usd |
CY2022Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
383144 | usd |
CY2023Q1 | gtch |
Total Cash And Restricted Cash
TotalCashAndRestrictedCash
|
-59067 | usd |
CY2022Q1 | gtch |
Total Cash And Restricted Cash
TotalCashAndRestrictedCash
|
496760 | usd |
CY2023Q1 | gtch |
Debt Discount Related To Convertible Debt
DebtDiscountRelatedToConvertibleDebt
|
104301 | usd |
CY2023Q1 | gtch |
Reduction In Derivative Liability Due To Conversion
ReductionInDerivativeLiabilityDueToConversion
|
316223 | usd |
CY2022Q1 | gtch |
Reduction In Derivative Liability Due To Conversion
ReductionInDerivativeLiabilityDueToConversion
|
49504 | usd |
CY2023Q1 | gtch |
Shares Issued For Conversion Of Convertible Debt
SharesIssuedForConversionOfConvertibleDebt
|
403548 | usd |
CY2022Q1 | gtch |
Shares Issued For Conversion Of Convertible Debt
SharesIssuedForConversionOfConvertibleDebt
|
35000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1 for 50 | |
CY2023Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2023Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
10000000000 | shares |
CY2023Q1 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1-for-500 | |
CY2023Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-304887630 | usd |
CY2023Q1 | gtch |
Working Capital Deficit
WorkingCapitalDeficit
|
22715354 | usd |
CY2023Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_845_eus-gaap--UseOfEstimates_zeHZaPhvT6pe" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><span id="xdx_866_zGWgXdd9He47">Use of Estimates</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of CFS in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the CFS and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. Significant estimates in the accompanying CFS include valuation of derivatives and valuation allowance on deferred tax assets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> | |
CY2022Q4 | gtch |
Conversion Feature On Convertible Notes
ConversionFeatureOnConvertibleNotes
|
1714143 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
0 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
0 | usd |
CY2023Q1 | us-gaap |
Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
|
<p id="xdx_847_eus-gaap--DerivativesReportingOfDerivativeActivity_zEAhmvfu5jvi" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><span id="xdx_86A_zClSXrYBUpF2">Derivative Financial Instruments</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company evaluates all of its agreements to determine if such instruments have derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its FV and is then re-valued at each reporting date, with changes in the FV reported in the statements of operations. For stock-based derivative financial instruments, the Company uses a weighted-average Black-Scholes-Merton option pricing model to value the derivative instruments at inception and on subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative instrument liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement of the derivative instrument could be required within 12 months of the balance sheet date. As of March 31, 2023 and December 31, 2022, the Company’s only derivative financial instrument was an embedded conversion feature associated with convertible notes payable due to certain provisions that allow for a change in the conversion price based on a percentage of the Company’s stock price at the date of conversion.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> | |
CY2023Q1 | gtch |
Conversion Feature On Convertible Notes
ConversionFeatureOnConvertibleNotes
|
6524972 | usd |
CY2023Q1 | us-gaap |
Deferred Revenue
DeferredRevenue
|
0 | usd |
CY2022Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
48921 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
38944 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
41444 | usd |
CY2022Q1 | us-gaap |
Debt Instrument Annual Principal Payment
DebtInstrumentAnnualPrincipalPayment
|
200000 | usd |
CY2023Q1 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
56807 | usd |
CY2023Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
40651 | usd |
CY2023Q1 | us-gaap |
Inventory Net
InventoryNet
|
7567 | usd |
CY2023Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
556 | usd |
CY2023Q1 | gtch |
Asset Current
AssetCurrent
|
105581 | usd |
CY2023Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
143700 | usd |
CY2022Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
93581 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
11569 | usd |
CY2022Q4 | gtch |
Due From Related Parties Currents
DueFromRelatedPartiesCurrents
|
20270 | usd |
CY2022Q4 | gtch |
Asset Current
AssetCurrent
|
125420 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
94496 | usd |
CY2023Q1 | us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
23322777667 | shares |
CY2022 | us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
3949223831 | shares |
CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
23322914137 | shares |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3949360301 | shares |
CY2023Q1 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.01 | |
CY2023Q1 | gtch |
Escrow Amount Received
EscrowAmountReceived
|
1000000 | usd |
CY2023Q1 | gtch |
Convertible Note Payable Description
ConvertibleNotePayableDescription
|
IGOR 1 converted $232,575 of the convertible note into 733,235,294 shares of the Company’s common stock. | |
CY2023Q1 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
59408 | usd |
CY2023Q1 | gtch |
Final Settlement Agreement Description
FinalSettlementAgreementDescription
|
SURG agreed to make total payments of $4,200,000 to the Company’s trust account on or prior to January 7, 2022. This $4.2 million amount consists of $450,000 paid to the Company in November and December 2021, $100,000 to be paid on or about January 4, 2022, and $3,650,000 to be paid on or prior to January 7, 2022 of which $375,000 will be held in escrow as described before. The final settlement SURG agreed to make total payments of $4,200,000 to the Company’s trust account on or prior to January 7, 2022. The $3,750,000 was recorded as other receivable as of December 31, 2021. The entire balance of $3,750,000 was paid in January 2022. | |
CY2023Q1 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
4200000 | usd |
CY2022Q1 | gtch |
Settlement Amount
SettlementAmount
|
3750000 | usd |
CY2022 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
3750000 | usd |
CY2019Q1 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
4006 | shares |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
7610147 | usd |
CY2019Q1 | gtch |
Annual Payment
AnnualPayment
|
375000 | usd |
CY2019Q1 | us-gaap |
Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
|
93750 | usd |
CY2019Q1 | gtch |
Decrease In Capital
DecreaseInCapital
|
5000000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
4006 | shares |
CY2021Q4 | gtch |
Services Payable
ServicesPayable
|
33333 | usd |
CY2020Q1 | gtch |
Impairment Charge
ImpairmentCharge
|
5500000 | usd |
CY2021Q4 | gtch |
Impairment Charge
ImpairmentCharge
|
15400000 | usd |
CY2023Q1 | us-gaap |
Investments
Investments
|
0 | usd |
CY2022Q4 | us-gaap |
Investments
Investments
|
0 | usd |
CY2023Q1 | gtch |
Original Issue Discounts
OriginalIssueDiscounts
|
6258 | usd |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
53150 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2024-06-01 | |
CY2023Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.12 | pure |
CY2023Q1 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
7128 | usd |
CY2023Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
6654 | usd |
CY2023Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1619318 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1530762 | usd |
CY2023Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
367687 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1513261 | usd |
CY2023Q1 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
3389930 | usd |
CY2022Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
3196611 | usd |
CY2023Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
5376935 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
6240634 | usd |
CY2023Q1 | us-gaap |
Deferred Revenue
DeferredRevenue
|
0 | usd |
CY2022Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
48921 | usd |
CY2023Q1 | us-gaap |
Convertible Debt
ConvertibleDebt
|
6738750 | usd |
CY2022Q4 | us-gaap |
Convertible Debt
ConvertibleDebt
|
6586788 | usd |
CY2023Q1 | gtch |
Debt Instruments Unamortized Discount Noncurrent
DebtInstrumentsUnamortizedDiscountNoncurrent
|
-108004 | usd |
CY2022Q4 | gtch |
Debt Instruments Unamortized Discount Noncurrent
DebtInstrumentsUnamortizedDiscountNoncurrent
|
-189060 | usd |
CY2023Q1 | us-gaap |
Other Notes Payable Current
OtherNotesPayableCurrent
|
6630746 | usd |
CY2022Q4 | us-gaap |
Other Notes Payable Current
OtherNotesPayableCurrent
|
6397727 | usd |
CY2023Q1 | gtch |
Less Current Portion
LessCurrentPortion
|
-6114140 | usd |
CY2022Q4 | gtch |
Less Current Portion
LessCurrentPortion
|
-6397727 | usd |
CY2023Q1 | gtch |
Convertible Notes Payable Longterm Portion
ConvertibleNotesPayableLongtermPortion
|
516606 | usd |
CY2022 | gtch |
Charge Related To Modification Of Debt
ChargeRelatedToModificationOfDebt
|
13777480 | usd |
CY2023Q1 | gtch |
Convertible Note Payable To Stanley Hills
ConvertibleNotePayableToStanleyHills
|
825000 | usd |
CY2022Q4 | gtch |
Convertible Note Payable To Stanley Hills
ConvertibleNotePayableToStanleyHills
|
116605 | usd |
CY2023Q1 | gtch |
Other Convertible Notes Payable Current
OtherConvertibleNotesPayableCurrent
|
825000 | usd |
CY2022Q4 | gtch |
Other Convertible Notes Payable Current
OtherConvertibleNotesPayableCurrent
|
116605 | usd |
CY2023Q1 | gtch |
Less Current Portion Of Convertible Note Payable
LessCurrentPortionOfConvertibleNotePayable
|
-75000 | usd |
CY2022Q4 | gtch |
Less Current Portion Of Convertible Note Payable
LessCurrentPortionOfConvertibleNotePayable
|
-116605 | usd |
CY2023Q1 | gtch |
Convertible Notes Payable Net Related Party Longterm Portion
ConvertibleNotesPayableNetRelatedPartyLongtermPortion
|
750000 | usd |
CY2023Q1 | gtch |
Total Notes Payables
TotalNotesPayables
|
409408 | usd |
CY2022Q4 | gtch |
Total Notes Payables
TotalNotesPayables
|
350000 | usd |
CY2023Q1 | gtch |
Debt Instruments Unamortized Discount Current
DebtInstrumentsUnamortizedDiscountCurrent
|
-55517 | usd |
CY2023Q1 | gtch |
Note Payables
NotePayables
|
353891 | usd |
CY2022Q4 | gtch |
Note Payables
NotePayables
|
350000 | usd |
CY2022Q4 | gtch |
Current Portion Of Notes Payables
CurrentPortionOfNotesPayables
|
-41137 | usd |
CY2023Q1 | gtch |
Long Term Note Payables
LongTermNotePayables
|
353891 | usd |
CY2022Q4 | gtch |
Long Term Note Payables
LongTermNotePayables
|
308863 | usd |
CY2023Q1 | gtch |
Schedule Of Note Payable Related Parties Table Textblock
ScheduleOfNotePayableRelatedPartiesTableTextblock
|
<table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--ScheduleOfNotePayableRelatedPartiesTableTextblock_zgXZ3FexuCd9" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Notes Payable, Non-related Parties and Related Party (Details 1)"> <tr style="vertical-align: bottom; background-color: white"> <td style="padding: 0pt 0pt 0pt 10pt; text-indent: -10pt"><span id="xdx_8B0_zk65hP7RmCUg" style="display: none">Schedule of notes payable related parties</span></td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td> </td></tr> <tr style="vertical-align: bottom"> <td style="padding: 0pt 0pt 0pt 10pt; text-align: center; text-indent: -10pt"> </td> <td> </td> <td colspan="3" style="text-align: center"><span style="font-size: 10pt">March 31,</span></td> <td> </td> <td colspan="3" style="text-align: center"><span style="font-size: 10pt">December 31,</span></td></tr> <tr style="vertical-align: bottom"> <td style="padding: 0pt 0pt 0pt 10pt; text-align: center; text-indent: -10pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><span style="font-size: 10pt">2023</span></td> <td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><span style="font-size: 10pt">2022</span></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding: 0pt 0pt 0pt 10pt; width: 58%; text-indent: -10pt"><span style="font-size: 10pt">Alpha Eda note payable</span></td> <td style="width: 8%; padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; width: 1%"><span style="font-size: 10pt">$</span></td> <td id="xdx_987_ecustom--TotalNotesPayableRelatedParty_c20230331__us-gaap--BusinessAcquisitionAxis__custom--AlphaEdaMember_pp0p0" style="border-bottom: black 1pt solid; width: 11%; text-align: right" title="Total notes payable"><span style="font-size: 10pt">140,000</span></td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="width: 8%; padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid; width: 1%"><span style="font-size: 10pt">$</span></td> <td id="xdx_986_ecustom--TotalNotesPayableRelatedParty_c20221231__us-gaap--BusinessAcquisitionAxis__custom--AlphaEdaMember_pp0p0" style="border-bottom: black 1pt solid; width: 11%; text-align: right" title="Total notes payable"><span style="font-size: 10pt">140,000</span></td> <td style="width: 1%; padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding: 0pt 0pt 0pt 10pt; text-indent: -10pt"><span style="font-size: 10pt">Total notes payable, related party</span></td> <td> </td> <td> </td> <td id="xdx_989_ecustom--TotalNotesPayableRelatedParties_c20230331_pp0p0" style="text-align: right" title="Total notes payable"><span style="font-size: 10pt">140,000</span></td> <td> </td> <td> </td> <td> </td> <td id="xdx_98A_ecustom--TotalNotesPayableRelatedParties_c20221231_pp0p0" style="text-align: right" title="Total notes payable"><span style="font-size: 10pt">140,000</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding: 0pt 0pt 0pt 10pt; text-indent: -10pt"><span style="font-size: 10pt">Unamortized debt discount</span></td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid"> </td> <td id="xdx_987_ecustom--DebtInstrumentsUnamortizedDiscountCurrents_iI_c20230331_zRCRrTEFg3Ye" style="border-bottom: black 1pt solid; text-align: right" title="Unamortized debt discount"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1248">—</span></span></td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid"> </td> <td id="xdx_98A_ecustom--DebtInstrumentsUnamortizedDiscountCurrents_iI_c20221231_zdwQgod8Q6mh" style="border-bottom: black 1pt solid; text-align: right" title="Unamortized debt discount"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1250">—</span></span></td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding: 0pt 0pt 0pt 10pt; text-indent: -10pt"><span style="font-size: 10pt">Notes payable, net, related party</span></td> <td> </td> <td> </td> <td id="xdx_98F_ecustom--NotesPayableRelatedParties_c20230331_pp0p0" style="text-align: right" title="Notes payable"><span style="font-size: 10pt">140,000</span></td> <td> </td> <td> </td> <td> </td> <td id="xdx_98C_ecustom--NotesPayableRelatedParties_c20221231_pp0p0" style="text-align: right" title="Notes payable"><span style="font-size: 10pt">140,000</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="padding: 0pt 0pt 0pt 10pt; text-indent: -10pt"><span style="font-size: 10pt">Less current portion</span></td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid"> </td> <td id="xdx_982_ecustom--CurrentPortionOfNotePayableRelatedParties_c20230331_pp0p0" style="border-bottom: black 1pt solid; text-align: right" title="Less current portion"><span style="font-size: 10pt">(140,000</span></td> <td style="padding-bottom: 1pt"><span style="font-size: 10pt">)</span></td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: black 1pt solid"> </td> <td id="xdx_981_ecustom--CurrentPortionOfNotePayableRelatedParties_c20221231_pp0p0" style="border-bottom: black 1pt solid; text-align: right" title="Less current portion"><span style="font-size: 10pt">(140,000</span></td> <td style="padding-bottom: 1pt"><span style="font-size: 10pt">)</span></td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="padding: 0pt 0pt 0pt 10pt; text-indent: -10pt"><span style="font-size: 10pt">Notes payable, net, related party, long-term portion</span></td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double"><span style="font-size: 10pt">$</span></td> <td id="xdx_98D_ecustom--NotesPayableNetRelatedPartyLongtermPortion_c20230331_pdp0" style="border-bottom: black 2.25pt double; text-align: right" title="Notes payable, net, related party, long-term portion"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1260">—</span></span></td> <td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: black 2.25pt double"><span style="font-size: 10pt">$</span></td> <td id="xdx_983_ecustom--NotesPayableNetRelatedPartyLongtermPortion_c20221231_pdp0" style="border-bottom: black 2.25pt double; text-align: right" title="Notes payable, net, related party, long-term portion"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl1262">—</span></span></td> <td style="padding-bottom: 2.5pt"> </td></tr> </table> | |
CY2023Q1 | gtch |
Total Notes Payable Related Parties
TotalNotesPayableRelatedParties
|
140000 | usd |
CY2022Q4 | gtch |
Total Notes Payable Related Parties
TotalNotesPayableRelatedParties
|
140000 | usd |
CY2023Q1 | gtch |
Notes Payable Related Parties
NotesPayableRelatedParties
|
140000 | usd |
CY2022Q4 | gtch |
Notes Payable Related Parties
NotesPayableRelatedParties
|
140000 | usd |
CY2023Q1 | gtch |
Current Portion Of Note Payable Related Parties
CurrentPortionOfNotePayableRelatedParties
|
-140000 | usd |
CY2022Q4 | gtch |
Current Portion Of Note Payable Related Parties
CurrentPortionOfNotePayableRelatedParties
|
-140000 | usd |
CY2023Q1 | gtch |
Accrued Settlement
AccruedSettlement
|
4090057 | usd |
CY2022Q4 | gtch |
Accrued Settlement
AccruedSettlement
|
4090057 | usd |
CY2023Q1 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
0.0004 | |
CY2022Q4 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
0.001 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2021Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
10192485 | usd |
CY2022 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
|
325915 | usd |
CY2022 | gtch |
Fair Value Of Beneficial Conversion Feature Of Debt Converted
FairValueOfBeneficialConversionFeatureOfDebtConverted
|
-2209887 | usd |
CY2022 | gtch |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Los
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLos
|
-6594370 | usd |
CY2022Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
1714143 | usd |
CY2023Q1 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Issues
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationIssues
|
1202806 | usd |
CY2023Q1 | gtch |
Fair Value Of Beneficial Conversion Feature Of Debt Converted
FairValueOfBeneficialConversionFeatureOfDebtConverted
|
-316223 | usd |
CY2023Q1 | gtch |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Los
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLos
|
3924247 | usd |
CY2023Q1 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
6524972 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1 for 50 | |
CY2022Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2022Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
2000000000 | shares |
CY2023Q1 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
1294508379 | shares |
CY2023Q1 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
390603 | usd |
CY2023Q1 | gtch |
Debt Conversion Converted Instrument Accrued Interest
DebtConversionConvertedInstrumentAccruedInterest
|
15268 | usd |
CY2022Q1 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
369198 | shares |
CY2022Q1 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
35000 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
70770 | shares |
CY2023Q1 | gtch |
Weighted Average Exercise Price Warrants Outstanding Beginning
WeightedAverageExercisePriceWarrantsOutstandingBeginning
|
205.07 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
|
P0Y3M18D | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
60100 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
10670 | shares |
CY2023Q1 | gtch |
Weighted Average Exercise Price Warrants Outstanding End
WeightedAverageExercisePriceWarrantsOutstandingEnd
|
729.90 | |
CY2023Q1 | gtch |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms1
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms1
|
P0Y7D | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
|
10670 | shares |
CY2023Q1 | gtch |
Weighted Average Exercise Price Warrants Exercisable At End
WeightedAverageExercisePriceWarrantsExercisableAtEnd
|
729.90 | |
CY2023Q1 | gtch |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercisable Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableWeightedAverageRemainingContractualTerms
|
P0Y7D | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
10670 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
|
10670 | shares |
CY2023Q1 | gtch |
Compensated With Additional Shares
CompensatedWithAdditionalShares
|
200000000 | shares |
CY2023Q1 | gtch |
Note Payable Related Parties Classified Current
NotePayableRelatedPartiesClassifiedCurrent
|
140000 | usd |
CY2022Q4 | gtch |
Note Payable Related Parties Classified Current
NotePayableRelatedPartiesClassifiedCurrent
|
140000 | usd |
CY2020Q3 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
48844 | usd |
CY2020Q3 | gtch |
Legal Cost
LegalCost
|
716 | usd |
CY2020Q4 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
48844 | usd |
CY2020Q4 | gtch |
Legal Cost
LegalCost
|
716 | usd |
CY2021Q3 | gtch |
Cancellation Of Payments
CancellationOfPayments
|
5000 | usd |
CY2023Q1 | us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
|
<p id="xdx_80E_eus-gaap--LossContingencyDisclosures_z73yCu32znv" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Note 17 - <span id="xdx_823_zHH4keOWOfp1">Contingencies</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>GBT Technologies, S.A.</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On September 14, 2018, the Company entered into an Exclusive Intellectual Property License and Royalty Agreement (the “GBT License Agreement”) with GBT-CR, a fully compliant and regulated crypto currency exchange platform that currently operates in Costa Rica as a decentralized crypto currency platform, pursuant to which, among other things, the Company granted to GBT-CR an exclusive, royalty-bearing right and license relating intellectual property relating to systems and methods of converting electronic transmissions into digital currency as reflected in that certain patent filed with the United Stated Patent and Trademark Office on or about June 14, 2018 (EFS ID: 32893586; Application Number: 16008069; Type: Utility under 35 USC 111(a); Confirmation Number: 6787)(collectively, the “Digital Currently Technology”). Pursuant to the GBT License Agreement, the Company granted GBT-CR an exclusive worldwide license to use the Digital Currency Technology to make, use, sell, lease or otherwise commercialize and dispose of products and devices utilizing the Digital Currently Technology. Under the terms of the GBT License Agreement, the Company is entitled to receive a royalty payment of 2% of gross revenue of each licensed product sold by GBT-CR during the period starting in which revenue is first generated using the licensed products and continuing for five years thereafter. Upon signing the GBT-CR License Agreement, GBT-CR paid the Company $<span id="xdx_90E_eus-gaap--Revenues_c20180101__20181231__dei--LegalEntityAxis__custom--GBTTechnologiesMember_pp0p0" title="Revenues">300,000</span> which is nonrefundable. The Company recognized the $300,000 as revenue during the years ended December 31, 2018. Upon GBT-CR making available for sale (the “Commercial Event”) an ICO (Initial Coin Offering) (the “Coin”), GBT-CR will make a payment to the Company of $<span id="xdx_901_ecustom--PaymentForExpenses_c20180101__20181231__dei--LegalEntityAxis__custom--GBTTechnologiesMember_pp0p0" title="Payment for expenses">5,000,000</span>. Further, upon the Commercial Event, GBT-CR will grant the Company the ability to acquire 30% of the Coin at a 30% discount of such offering price of the Coin. The GBT License Agreement commenced as of the signing date and, unless terminated in accordance with the termination provisions of the GBT License Agreement,</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">shall remain in force until the expiration of the patent pertaining to the Digital Currency Technology; provided that the right to use trade secrets shall survive the expiration of the GBT License Agreement provided the Company has not terminated. Prior to the signing of the GBT License Agreement, GBT-CR advanced $<span id="xdx_907_eus-gaap--DeferredRevenue_c20230331__dei--LegalEntityAxis__custom--GBTTechnologiesMember_pp0p0" title="Unearned revenue">200,000</span> to the Company, which the parties have agreed will be applied toward the $5,000,000 fee when it becomes due. On February 27, 2020 GBT Technologies, S.A., as successor in interest to Hermes Roll, LLC had notified the Company that it was in default on its Amended and Restated Territorial License Agreement (“ARTLA”) dated June 15, 2015 and that the ARTLA had been cancelled and rescinded.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><i>Stock Loan Receivable</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On January 8, 2019, the Company entered into a Stock Pledge Agreement with Latin American Exchange Latinex Casa de Cambio, S.A., a Costa Rica corporation (“Latinex”), to provide that Latinex may maintain its required regulatory capital as required by various regulators. The Company pledged <span id="xdx_90B_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_c20190101__20190108_zNZnET0RNFed" title="Restricted shares">4,006</span> restricted shares of its common stock valued at $<span id="xdx_906_eus-gaap--StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_c20190101__20190108_z2CThVvhWBQ9" title="Value of restricted shares">7,610,147</span> (based on the closing price on the grant date) for three years for an annual payment of $<span id="xdx_90A_ecustom--AnnualPayment_iI_c20190108_zV2iyyRhEN5j" title="Annual payment">375,000</span> paid in quarterly installments of $<span id="xdx_903_eus-gaap--DebtInstrumentPeriodicPayment_c20190101__20190108_zQ53hNT4g7Nc" title="Installment paid">93,750</span>. In lieu of cash payment, Latinex may pay the Company in virtual currency of WISE Network S.A. valued at a 50% discount of its offering price of $10 per token. In the event that Latinex’s required capital has decreased below $<span id="xdx_90C_ecustom--DecreaseInCapital_c20190101__20190108_z1cke1tVsuve" title="Decrease in capital">5,000,000</span>, Latinex is permitted to sell the pledged shares of common stock only in an amount to ensure that Latinex can satisfy the required capital levels. The Company must consent to such sale of the shares of common stock, which may not be unreasonably withheld. Upon expiration of the agreement, the remaining shares of common stock shall be returned to the Company free and clear of all liens. The Company recorded the value of these shares of common stock as a stock loan receivable which is presented as a contra-equity account in the accompanying consolidated balance sheets. At December 31, 2019, the Company wrote off the accrued interest income as Latinex did not perform any payment and the Company has no mean to enforce this payment. Latinex agreed in principle to return the pledged 4,006 restricted shares to the Company for cancellation. The <span id="xdx_901_eus-gaap--StockIssuedDuringPeriodSharesRestrictedStockAwardGross_c20230101__20230331_zJmPO3GduZ3l" title="Restricted shares">4,006</span> restricted shares have not yet been returned to the Company as of March 31, 2023.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><i><span style="text-decoration: underline">Assignment of lease agreement</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On May 17, 2022, Mahaser LLC (“Assignee”) entered into an assignment and assumption of lease agreement by and between 2819 Coldwater LLC (“Assignor”), Sunset Place Holdings LLC (“Lessor”) and Yossi Attia (“Guarantor”). Pursuant to the agreement, Lessor agreed to lease to Assignor certain Standard Industrial/Commercial Multi-Tenant Lease – Gross agreement dated February 7, 2022 (the “Lease”) and expiring on January 31, 2024, which premises commonly known as 8265 Sunset Boulevard, Suite #107, West Hollywood, CA 90046. The base rent payment shall equal $4,100 per month and share of common area operating expense shall equal $<span id="xdx_905_eus-gaap--OperatingExpenses_c20220501__20220517_zOh2kfmYfHr8" title="Operating expense">200</span> per month. Guarantor has guaranteed payment of Assignor’s obligations under the Lease and Assignor assigned all of its right, title and interest in the Lease to Assignee and Assignee assumed Assignor’s obligations under the Lease.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0"> On June 10, 2022, GBT Technologies, Inc. (the “Company”), entered into a Joint Venture and Territorial License Agreement (the “Metaverse Agreement”) with Ildar Gainulin and Maria Belova (collectively, the “Licensor”).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 5.2pt 0 0; text-align: justify; background-color: white">Under the Metaverse Agreement, the parties formed Metaverse Kit Corp., a Nevada corporation (“Metaverse Kit”). The purpose of Metaverse Kit was to develop, maintain and support source codes for its proprietary technologies and comprehensive platform that combines a core virtual reality platform and an extended set of real-world functions to provide a metaverse experience initially within the area of sports and then expanding into virtual worlds of entertainment, live events, gaming, communications and other cross over product opportunities (the “Meta Portfolio”). Under the Metaverse Agreement, Licensor agreed to provide Metaverse Kit with the licensed technology and expertise. In connection therewith, the parties entered an Asset Purchase Agreement (the “Metaverse APA”) concurrently with the Metaverse Agreement whereby Licensor sold Metaverse Kit all source codes pertaining to the Meta Portfolio. Further, Licensor provided an exclusive license to Metaverse Kit throughout the world for the invented product/service and the related platforms relating to the Meta Portfolio and to use the know how to develop, manufacture, sell, market and distribute the Meta Portfolio throughout the world. The Company was required to contribute <span id="xdx_900_eus-gaap--SharesIssued_iI_c20230331__dei--LegalEntityAxis__custom--GBTMember_zoocNWSapYE" title="Share issued">500,000,000</span> shares of common stock of the Company (“GBT Shares”) to Metaverse Kit. Licensor and the Company were to each own 50% of Metaverse Kit. The Company pledged its 50% ownership in Metaverse Kit to Igor 1 Corp. to secure a convertible note held by Igor 1 Corp. The Company was to appoint two directors and Licensor was allowed to appoint one director of Metaverse Kit.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 5.2pt 0 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In addition, Metaverse Kit, Licensor and Elentina Group, LLC (“Elentina”) entered into a Consulting Agreements in which IGBM and Elentina, each were engaged to provide services for $25,000 per month payable quarterly which Metaverse Kit has the option to pay in shares of common stock calculated by the amount owed divided by the Company’s 10-day VWAP. Licensor and Elentina were to provide services in connection with the development of the business as well as Metaverse Kit’s capital raising efforts. The term of the Consulting Agreement was two years.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The closing of the Metaverse Agreement occurred on June 13, 2022.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On March 14, 2023, the Company received a counter signed Settlement Agreement and Release by Licensor dated March 2, 2023 (“Settlement Agreement”). Pursuant to the Settlement Agreement, the parties agreed that Metaverse Agreement, the Metaverse APA and the Consulting Agreement are void and cancelled. Licensor agreed to pay $5,000 to the Company as settlement payment and surrender their shares in Metaverse Kit.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On February 1, 2023, the Company engaged AlKhatib Consulting Group to provide exclusive representation services in connect with managing market partners, effective on February 1, 2012 for 24 consecutive months.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p> | |
CY2019Q1 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
4006 | shares |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
7610147 | usd |
CY2019Q1 | gtch |
Annual Payment
AnnualPayment
|
375000 | usd |
CY2019Q1 | us-gaap |
Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
|
93750 | usd |
CY2019Q1 | gtch |
Decrease In Capital
DecreaseInCapital
|
5000000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
4006 | shares |
CY2022Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
200 | usd |