2024 Q3 Form 10-K Financial Statement
#000149315224038049 Filed on September 25, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2024 |
---|---|---|---|
Revenue | $669.4K | $606.2K | $1.058M |
YoY Change | 20106.0% | 6121.68% | |
Cost Of Revenue | $191.9K | $212.4K | $576.6K |
YoY Change | |||
Gross Profit | $477.5K | $393.8K | $481.1K |
YoY Change | 13025.0% | 2729.74% | |
Gross Profit Margin | 71.34% | 64.96% | 45.48% |
Selling, General & Admin | $42.98K | $187.1K | $142.4K |
YoY Change | -12.26% | 62.58% | 323.97% |
% of Gross Profit | 9.0% | 47.52% | 29.6% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $5.998K | $4.280K | $16.15K |
YoY Change | 362.1% | 229.23% | 210.96% |
% of Gross Profit | 1.26% | 1.09% | 3.36% |
Operating Expenses | $210.9K | $191.4K | $693.0K |
YoY Change | -35.17% | 64.44% | 28.29% |
Operating Profit | $266.6K | $202.4K | -$212.0K |
YoY Change | -181.97% | -278.46% | -59.48% |
Interest Expense | -$10.10K | -$10.72K | $646.9K |
YoY Change | -100.65% | -50.23% | -515.11% |
% of Operating Profit | -3.79% | -5.3% | |
Other Income/Expense, Net | -$10.10K | $1.024M | |
YoY Change | -100.65% | -300.47% | |
Pretax Income | $256.5K | $285.9K | $812.1K |
YoY Change | -79.05% | -158.35% | -178.53% |
Income Tax | $0.00 | ||
% Of Pretax Income | 0.0% | ||
Net Earnings | $256.5K | $285.9K | $812.1K |
YoY Change | -79.05% | -158.35% | -178.53% |
Net Earnings / Revenue | 38.32% | 47.16% | 76.78% |
Basic Earnings Per Share | $0.00 | $0.00 | |
Diluted Earnings Per Share | $0.00 | $0.00 | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 14.69B shares | 14.69B shares | |
Diluted Shares Outstanding | 14.69B shares | 14.68B shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2024 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $292.9K | $115.8K | $115.8K |
YoY Change | 2120.32% | 532.51% | 532.51% |
Cash & Equivalents | $292.9K | $115.7K | $115.8K |
Short-Term Investments | |||
Other Short-Term Assets | $225.0K | $225.0K | $225.0K |
YoY Change | |||
Inventory | |||
Prepaid Expenses | $225.0K | $225.0K | |
Receivables | $156.6K | $184.7K | $184.7K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $674.5K | $525.4K | $525.4K |
YoY Change | 5013.5% | 2771.25% | 2771.26% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $120.6K | $126.6K | $126.6K |
YoY Change | 633.01% | 613.2% | 613.3% |
Goodwill | $7.686M | $7.686M | |
YoY Change | 165.94% | ||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $7.831M | $7.837M | $0.00 |
YoY Change | 20.36% | 23829.05% | -100.0% |
Total Long-Term Assets | $7.831M | $7.837M | $7.837M |
YoY Change | 20.36% | 23829.05% | 23830.5% |
TOTAL ASSETS | |||
Total Short-Term Assets | $674.5K | $525.4K | $525.4K |
Total Long-Term Assets | $7.831M | $7.837M | $7.837M |
Total Assets | $8.506M | $8.363M | $8.363M |
YoY Change | 30.46% | 16280.71% | 16281.35% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $50.35K | $90.79K | $90.79K |
YoY Change | 383.05% | 186.78% | 186.77% |
Accrued Expenses | $110.9K | $144.0K | $144.0K |
YoY Change | -3.2% | 92.02% | 92.02% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $463.3K | $503.3K | $503.3K |
YoY Change | -87.1% | 28.3% | 28.3% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $6.717M | $6.830M | $6.830M |
YoY Change | 0.65% | 306.66% | 306.66% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $6.717M | $6.830M | $6.830M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $6.717M | $6.830M | $6.830M |
YoY Change | 0.65% | 306.66% | 306.66% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$166.4M | -$166.7M | |
YoY Change | 0.09% | -0.48% | |
Common Stock | $162.9M | $162.9M | |
YoY Change | 0.89% | 0.9% | |
Preferred Stock | $1.861M | $1.861M | |
YoY Change | 9.33% | 26.41% | |
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.789M | $1.532M | $1.532M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $8.506M | $8.363M | $8.363M |
YoY Change | 30.46% | 16280.71% | 16281.35% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2024 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $256.5K | $285.9K | $812.1K |
YoY Change | -79.05% | -158.35% | -178.53% |
Depreciation, Depletion And Amortization | $5.998K | $4.280K | $16.15K |
YoY Change | 362.1% | 229.23% | 210.96% |
Cash From Operating Activities | $217.1K | $101.2K | -$38.74K |
YoY Change | -311.35% | -261.73% | -90.13% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
Cash From Investing Activities | $0.00 | ||
YoY Change | -100.0% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$40.00K | -130.0K | $136.2K |
YoY Change | -140.98% | -235.64% | 34.51% |
NET CHANGE | |||
Cash From Operating Activities | $217.1K | 101.2K | -$38.74K |
Cash From Investing Activities | 0.000 | ||
Cash From Financing Activities | -$40.00K | -130.0K | $136.2K |
Net Change In Cash | $177.1K | -28.83K | $97.45K |
YoY Change | -3566.03% | -257.63% | -131.83% |
FREE CASH FLOW | |||
Cash From Operating Activities | $217.1K | $101.2K | -$38.74K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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|
1532471 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4528007 | usd |
CY2024Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8362682 | usd |
CY2023Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
51052 | usd |
CY2024 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1057685 | usd |
CY2023 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
17000 | usd |
CY2024 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
576630 | usd |
CY2024 | us-gaap |
Gross Profit
GrossProfit
|
481055 | usd |
CY2023 | us-gaap |
Gross Profit
GrossProfit
|
17000 | usd |
CY2024 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
0 | usd |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
0 | usd |
CY2024 | us-gaap |
Officers Compensation
OfficersCompensation
|
100000 | usd |
CY2023 | us-gaap |
Officers Compensation
OfficersCompensation
|
378634 | usd |
CY2024 | GTLL |
Consulting Services
ConsultingServices
|
34830 | usd |
CY2024 | us-gaap |
Depreciation
Depreciation
|
16145 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
5192 | usd |
CY2024 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
302500 | usd |
CY2023 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
75000 | usd |
CY2024 | us-gaap |
Professional Fees
ProfessionalFees
|
399668 | usd |
CY2023 | us-gaap |
Professional Fees
ProfessionalFees
|
122800 | usd |
CY2024 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
142396 | usd |
CY2023 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
33586 | usd |
CY2024 | us-gaap |
Operating Expenses
OperatingExpenses
|
693039 | usd |
CY2023 | us-gaap |
Operating Expenses
OperatingExpenses
|
540212 | usd |
CY2024 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-211984 | usd |
CY2023 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-523212 | usd |
CY2024 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
1545336 | usd |
CY2023 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-67799 | usd |
CY2024 | GTLL |
Forgiveness Of Debt And Accrued Interest
ForgivenessOfDebtAndAccruedInterest
|
196832 | usd |
CY2024 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
180378 | usd |
CY2023 | GTLL |
Writeoff Of Note Receivable And Accounts Receivable
WriteoffOfNoteReceivableAndAccountsReceivable
|
355000 | usd |
CY2024 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
205878 | usd |
CY2023 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
38166 | usd |
CY2024 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
692603 | usd |
CY2023 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
49863 | usd |
CY2024 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1024065 | usd |
CY2023 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-510828 | usd |
CY2024 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
812081 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1034040 | usd |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
812081 | usd |
CY2024 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
CY2024 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
CY2024 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
14678763430 | shares |
CY2024 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14678763430 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
14431158384 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14431158384 | shares |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-947748 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
251098 | usd |
CY2023 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
300000000 | shares |
CY2023 | GTLL |
Issuance Of Series L Preferred Stock In Satisfaction Of Professional Fees
IssuanceOfSeriesLPreferredStockInSatisfactionOfProfessionalFees
|
75000 | usd |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
|
-2899488 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1034040 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4528007 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4528007 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4528007 | usd |
CY2024 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
250000 | usd |
CY2024 | GTLL |
Stock Cancelled During Period Value Preferred Stock Compensation
StockCancelledDuringPeriodValuePreferredStockCompensation
|
-30000 | usd |
CY2024 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
30000 | usd |
CY2024 | us-gaap |
Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
|
-500512 | usd |
CY2024 | us-gaap |
Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
|
125000 | usd |
CY2024 | GTLL |
Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature One
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeatureOne
|
1575002 | usd |
CY2024 | GTLL |
Stock Issued Exchange Of Shares To Be Issued
StockIssuedExchangeOfSharesToBeIssued
|
1921409 | usd |
CY2024 | GTLL |
Stock Cancelled During Period Value Preferred Stock Compensation One
StockCancelledDuringPeriodValuePreferredStockCompensationOne
|
-220000 | usd |
CY2024 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
2007498 | usd |
CY2024 | GTLL |
Stock Issued During Period Value Share Based Compensation One
StockIssuedDuringPeriodValueShareBasedCompensationOne
|
90000 | usd |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
812081 | usd |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
812081 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1532471 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1532471 | usd |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
812081 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1034040 | usd |
CY2024 | GTLL |
Exchange Of Stock And Issuing Preferred Stock For Bonus Compensation
ExchangeOfStockAndIssuingPreferredStockForBonusCompensation
|
182500 | usd |
CY2023 | GTLL |
Issuance Of Stock And Warrants For Services Or Claims One
IssuanceOfStockAndWarrantsForServicesOrClaimsOne
|
27171 | usd |
CY2024 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
1545336 | usd |
CY2023 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-67799 | usd |
CY2024 | us-gaap |
Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
|
25000 | usd |
CY2024 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
180378 | usd |
CY2024 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
120000 | usd |
CY2023 | GTLL |
Issuance Of Stock And Warrants For Services Or Claims Two
IssuanceOfStockAndWarrantsForServicesOrClaimsTwo
|
75000 | usd |
CY2023 | GTLL |
Writeoff Of Notes And Accrued Interest Receivable
WriteoffOfNotesAndAccruedInterestReceivable
|
369838 | usd |
CY2024 | us-gaap |
Depreciation
Depreciation
|
16145 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
5192 | usd |
CY2024 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
692603 | usd |
CY2023 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
49863 | usd |
CY2024 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
184692 | usd |
CY2024 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
225000 | usd |
CY2024 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
58333 | usd |
CY2024 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
59128 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
16095 | usd |
CY2024 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
130878 | usd |
CY2023 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
30645 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-38738 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-392437 | usd |
CY2023 | GTLL |
Deposit On Building
DepositOnBuilding
|
15000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-15000 | usd |
CY2023 | GTLL |
Borrowings From Loans Payable Officer
BorrowingsFromLoansPayableOfficer
|
11243 | usd |
CY2024 | GTLL |
Proceeds From Notes Payablehird Parties
ProceedsFromNotesPayablehirdParties
|
45000 | usd |
CY2023 | GTLL |
Proceeds From Notes Payablehird Parties
ProceedsFromNotesPayablehirdParties
|
90000 | usd |
CY2024 | us-gaap |
Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
|
30000 | usd |
CY2024 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
61185 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
136185 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
101243 | usd |
CY2024 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
97447 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-306194 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
18300 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
324494 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
115747 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
18300 | usd |
CY2024 | GTLL |
Issuance Of Preferred Stock For Asset Purchase
IssuanceOfPreferredStockForAssetPurchase
|
125000 | usd |
CY2023 | GTLL |
Issuance Of Common Stock For Debt
IssuanceOfCommonStockForDebt
|
251098 | usd |
CY2023 | GTLL |
Issuance Of Series L Preferred Stock For Payment Of Notes Payable And Accrued Interest
IssuanceOfSeriesLPreferredStockForPaymentOfNotesPayableAndAccruedInterest
|
75000 | usd |
CY2024 | GTLL |
Accrual For Contingent Consideration Of Acquisition
AccrualForContingentConsiderationOfAcquisition
|
5764227 | usd |
CY2024 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<p id="xdx_800_eus-gaap--BasisOfAccounting_zzFmHDt4NCR" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE B – <span id="xdx_82D_zt5pXWkjpGib">BASIS OF PRESENTATION</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. In the opinion of the Company’s management, the accompanying consolidated financial statements contain all the adjustments necessary (consisting only of normal recurring accruals) to present the financial position of the Company as of June 30, 2024 and the results of operations, changes in stockholders’ equity, and cash flows for the periods presented. </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2024Q2 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | usd |
CY2024Q2 | us-gaap |
Cash
Cash
|
115747 | usd |
CY2024Q2 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
0 | usd |
CY2024 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_84B_eus-gaap--ConcentrationRiskCreditRisk_zg7GIBBH7vda" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_869_zgqUSfTMvlrb">Concentrations of Risks</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Concentration of Accounts Receivable</span> </i>– On June 30, 2024 and June 30, 2023, the Company had $<span id="xdx_907_eus-gaap--AccountsAndOtherReceivablesNetCurrent_iI_c20240630_zeRdxIT2Ogs7" title="Accounts receivables">184,692</span> and $<span id="xdx_90E_eus-gaap--AccountsAndOtherReceivablesNetCurrent_iI_c20230630_z0QL7rSkU5u6" title="Accounts receivables"><span style="-sec-ix-hidden: xdx2ixbrl0778">-</span></span> in accounts receivable, respectively. All of the accounts receivable at June 30, 2024 was from one supplier.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Concentration of Revenues</span></i> – For the years ended June 30, 2024 and 2023, the Company generated revenue of $<span id="xdx_902_eus-gaap--Revenues_c20230701__20240630_z7R9fTvnbQ5h" title="Revenues">1,057,685</span></span> and $<span id="xdx_90C_eus-gaap--Revenues_c20220701__20230630_z477k9sTdKJ9" title="Revenues">17,000</span>, respectively. All of the Company’s revenue for the year ended June 30, 2024 was generated through 10 Fold Services.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline">Concentration of Suppliers</span></i> – For the years ended June 30, 2024 and 2023, the Company had <span id="xdx_905_eus-gaap--PaymentsToSuppliers_c20230701__20240630_zT4X6kem7Sb7">2 </span></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">and <span id="xdx_909_eus-gaap--PaymentsToSuppliers_c20220701__20230630_z7p9gQu64Vcc">0 </span></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">suppliers, respectively. The two suppliers, pharmaceutical compounding companies, are for the sales generated through 10 Fold Services.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2024Q2 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
184692 | usd |
CY2024 | us-gaap |
Revenues
Revenues
|
1057685 | usd |
CY2023 | us-gaap |
Revenues
Revenues
|
17000 | usd |
CY2024 | us-gaap |
Payments To Suppliers
PaymentsToSuppliers
|
2 | usd |
CY2023 | us-gaap |
Payments To Suppliers
PaymentsToSuppliers
|
0 | usd |
CY2024 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3000000000 | shares |
CY2023 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
6000000000 | shares |
CY2024 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_848_eus-gaap--UseOfEstimates_zU1Peb5SYCMh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_862_zCykDP7pGoAe">Use of Estimates</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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 financial statements and reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2024Q2 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
184692 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
184692 | usd |
CY2024Q2 | GTLL |
Prepaid Deposits
PrepaidDeposits
|
225000 | usd |
CY2024Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
225000 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
36363 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
36363 | usd |
CY2024Q2 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
125000 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
161363 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
36363 | usd |
CY2024Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
34756 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
18611 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
126607 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
17752 | usd |
CY2024 | us-gaap |
Depreciation
Depreciation
|
16145 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
5192 | usd |
CY2024Q2 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
68269 | usd |
CY2023Q2 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
2250 | usd |
CY2024Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
327947 | usd |
CY2023Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
1180680 | usd |
CY2024 | GTLL |
Preferred Stock Rank Description
PreferredStockRankDescription
|
All shares of the Series K Super Voting Preferred Stock shall rank (i) senior to the Corporation’s (A) Common Stock, par value $0.0001 per share (“Common Stock”), and any other class or series of capital stock of the Corporation hereafter created, except as otherwise provided in clauses (ii) and (iii) of this Section 4, (ii) pari passu with any class or series of capital stock of the Corporation hereafter created and specifically ranking, by its terms, on par with the Series K Super Voting Preferred-Stock and (iii) junior to any class or series of capital stock of the Corporation hereafter created specifically ranking, by its terms, senior to the Series K Preferred Stock, in each case as to distribution of assets upon liquidation, dissolution or winding up of the Corporation, whether voluntary or involuntary | |
CY2024 | us-gaap |
Common Stock Voting Rights
CommonStockVotingRights
|
The holders of the Class A Shares and the Class B Shares shall vote as a single class on all matters submitted to a vote of the stockholders, with each Class A Share being entitled to one (1) vote and each Class B Share being entitled to six (6) votes, except as otherwise provided by law | |
CY2024 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.21 | pure |
CY2017 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.35 | pure |
CY2024 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.21 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.21 | pure |
CY2024 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
170537 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-217148 | usd |
CY2024 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
63525 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
15750 | usd |
CY2024 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Amortization
IncomeTaxReconciliationNondeductibleExpenseAmortization
|
145447 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Amortization
IncomeTaxReconciliationNondeductibleExpenseAmortization
|
10471 | usd |
CY2024 | GTLL |
Income Tax Reconciliation Nondeductible Expense Forgiveness Of Debt And Accrued Interest
IncomeTaxReconciliationNondeductibleExpenseForgivenessOfDebtAndAccruedInterest
|
-41335 | usd |
CY2024 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-13653 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
176689 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
12250 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
735243 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
738549 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
747493 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
738549 | usd |
CY2024 | GTLL |
Deferred Tax Assets Valuation Allowance Percentage
DeferredTaxAssetsValuationAllowancePercentage
|
1 | pure |
CY2024 | us-gaap |
Income Tax Examination Description
IncomeTaxExaminationDescription
|
The Company will continue to review this valuation allowance and make adjustments as appropriate. $3,141,427 of the net operating loss carry forward expired in the year 2023. | |
CY2024Q2 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
3141427 | usd |
CY2024Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-166666296 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-38738 | usd |
CY2024 | GTLL |
No Insider Trading Flag
NoInsiderTradingFlag
|
true |