Global AI, Inc. (GLAI) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
110 FRONT STREET JUPITER, FL 33477 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 596 - Nonstore Retailers (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2025 MRQ | 12/31/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 10 | 0 | 6 | 1 | 9 | 8 | |||
| Cash and cash equivalent | 10 | 0 | 6 | 1 | 9 | 8 | |||
| Receivables | 29 | 5 | |||||||
| Prepaid expense | 1 | 5 | 5 | ||||||
| Other undisclosed current assets | 5 | 5 | |||||||
| Total current assets: | 39 | 1 | 16 | 11 | 14 | 8 | |||
| Noncurrent Assets | |||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | |||||||||
| Deposits noncurrent assets | 1 | 1 | 1 | 1 | |||||
| Total noncurrent assets: | 1 | 1 | 1 | 1 | |||||
| TOTAL ASSETS: | 39 | 1 | 16 | 12 | 15 | 9 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 331 | 29 | 17 | 7 | 5 | 14 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 9 | 7 | 5 | 14 | ||
| Accounts payable | 300 | 29 | |||||||
| Accrued liabilities | 31 | 9 | |||||||
| Due to related parties | ✕ | ✕ | ✕ | 94 | 92 | 92 | 90 | ||
| Other undisclosed current liabilities | 8 | (9) | |||||||
| Total current liabilities: | 339 | 29 | 103 | 99 | 97 | 104 | |||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 339 | 29 | 103 | 99 | 97 | 104 | |||
| Equity | |||||||||
| Equity, attributable to parent | (300) | (28) | (86) | (87) | (82) | (95) | |||
| Common stock | 154 | 29 | 27 | 27 | 27 | 27 | |||
| Additional paid in capital | 2,598 | 1,471 | 1,298 | 1,298 | 1,298 | 1,298 | |||
| Accumulated deficit | (3,052) | (1,527) | (1,411) | (1,412) | (1,407) | (1,420) | |||
| Total equity: | (300) | (28) | (86) | (87) | (82) | (95) | |||
| TOTAL LIABILITIES AND EQUITY: | 39 | 1 | 16 | 12 | 15 | 9 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 25 | 49 | 60 | 73 | 80 | 90 | ||
| Revenue from related parties | ✕ | ✕ | ✕ | 60 | 73 | 80 | 90 | |
| Cost of revenue | (15) | |||||||
| Gross profit: | 10 | 49 | 60 | 73 | 80 | 90 | ||
| Operating expenses | (1,011) | (162) | (56) | (74) | (63) | (63) | ||
| Other undisclosed operating income | ||||||||
| Operating income (loss): | (1,001) | (113) | 4 | (1) | 17 | 28 | ||
| Nonoperating expense | (3) | (4) | (4) | (4) | (4) | |||
| Other nonoperating expense | (3) | (4) | (4) | (4) | ||||
| Interest and debt expense | (3) | (4) | (4) | (4) | (4) | |||
| Income (loss) from continuing operations before income taxes: | (1,001) | (119) | (3) | (9) | 9 | 19 | ||
| Income tax expense | ||||||||
| Income (loss) from continuing operations: | (1,001) | (119) | (3) | (9) | 9 | 19 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (3) | (9) | 9 | 19 | |
| Other undisclosed net income | 14 | |||||||
| Net income (loss): | (1,001) | (119) | (3) | 5 | 9 | 19 | ||
| Other undisclosed net income (loss) attributable to parent | 3 | 4 | (10) | 4 | 4 | |||
| Net income (loss) available to common stockholders, diluted: | (1,001) | (116) | 1 | (5) | 13 | 23 | ||
Comprehensive Income ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,001) | (119) | (3) | 5 | 9 | 19 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,001) | (119) | (3) | 5 | 9 | 19 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.