Home / Going-concern warnings / Global Interactive Technologies, Inc.
Filed 2025-04-30 路 Form 10-K 路 Accession 0001213900-25-036973 nano
Price before filing: $1.26 (2025-04-29 close, split/dividend-adjusted)
Market cap at flag: $3.9M (2025-04-30) 路 Latest: $5.2M (2026-10-16)
| Window | GITS | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +91.3% | +6.3% | +84.9% | 2025-05-30 |
| 90 days | +90.5% | +14.9% | +75.5% | 2025-07-29 |
| 180 days | +53.2% | +24.3% | +28.8% | 2025-10-27 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
"As discussed in Note 1 to the consolidated financial statements, the Company has incurred recurring losses from operations, has a working capital deficiency, these factors raise substantial doubt about the Company's ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: independent auditor report in Form 10-K (period 2024-12-31)
Why this score: in auditor's report; also within 90 days: Late annual report (NT 10-K)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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