$GTII
GLOBAL TECH INDUSTRIES GROUP, INC.

2022 Q1 Form 10-Q Financial Statement

#000149315222014661 Filed on May 23, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $732.0K $724.0K
YoY Change 1.09% 262.02%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $890.00 $270.00
YoY Change 229.63%
% of Gross Profit
Operating Expenses $1.143M $724.3K
YoY Change 57.79% 262.15%
Operating Profit -$1.143M -$724.3K
YoY Change 57.79%
Interest Expense -$85.53K $48.55K
YoY Change -276.17% -160.69%
% of Operating Profit
Other Income/Expense, Net -$85.53K
YoY Change
Pretax Income -$1.228M -$675.7K
YoY Change 81.78% 141.34%
Income Tax
% Of Pretax Income
Net Earnings -$1.228M -$675.7K
YoY Change 81.78% 141.34%
Net Earnings / Revenue
Basic Earnings Per Share $0.00
Diluted Earnings Per Share -$4.801K -$2.881K
COMMON SHARES
Basic Shares Outstanding 255.9M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $485.8K $155.8K
YoY Change 211.86% 743.42%
Cash & Equivalents $349.8K $56.78K
Short-Term Investments $136.0K $99.00K
Other Short-Term Assets $222.2K
YoY Change
Inventory
Prepaid Expenses
Receivables $0.00
Other Receivables $0.00
Total Short-Term Assets $485.8K $377.9K
YoY Change 28.54% 1946.24%
LONG-TERM ASSETS
Property, Plant & Equipment $980.00 $2.680K
YoY Change -63.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00
YoY Change
Total Long-Term Assets $72.16K $2.680K
YoY Change 2592.54%
TOTAL ASSETS
Total Short-Term Assets $485.8K $377.9K
Total Long-Term Assets $72.16K $2.680K
Total Assets $558.0K $380.6K
YoY Change 46.6% 1960.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.712M $819.1K
YoY Change 109.03% -9.39%
Accrued Expenses $441.3K $354.9K
YoY Change 24.34% -46.39%
Deferred Revenue
YoY Change
Short-Term Debt $1.843M $1.021M
YoY Change 80.5% 17.22%
Long-Term Debt Due $0.00 $0.00
YoY Change
Total Short-Term Liabilities $3.997M $2.356M
YoY Change 69.62% -4.45%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $0.00
YoY Change
Total Long-Term Liabilities $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.997M $2.356M
Total Long-Term Liabilities $0.00
Total Liabilities $3.997M $2.356M
YoY Change 69.62% -60.77%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$3.439M -$1.976M
YoY Change
Total Liabilities & Shareholders Equity $558.0K $380.6K
YoY Change 46.6% 1960.75%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$1.228M -$675.7K
YoY Change 81.78% 141.34%
Depreciation, Depletion And Amortization $890.00 $270.00
YoY Change 229.63%
Cash From Operating Activities $35.12K -$72.52K
YoY Change -148.43% 150.59%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$183.9K $0.00
YoY Change
Cash From Investing Activities -$183.9K
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 139.5K 126.8K
YoY Change 9.99% 338.82%
NET CHANGE
Cash From Operating Activities 35.12K -72.52K
Cash From Investing Activities -183.9K
Cash From Financing Activities 139.5K 126.8K
Net Change In Cash -9.320K $0.00
YoY Change -100.0%
FREE CASH FLOW
Cash From Operating Activities $35.12K -$72.52K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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