Thu, May 15, 10:17 AM (32 days ago)
**GBT Technologies Inc. (GBT, GBTCH) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** Not explicitly stated, but implied to be minimal. - **Net Income:** $(102,400) for Q1 2025, compared to $7,159,889 in Q1 2024. - **Operating Expenses:** $3,161 for Q1 2025, down from $177,625 in Q1 2024. - **Cash Flow:** $19 provided by operating activities in Q1 2025, down from $10,690 in Q1 2024. - **Cash Position:** $144 at Q1 2025, down from $173 in Q1 2024. - **Liabilities:** $10,293,809 in current liabilities, with significant related-party debt. - **Stockholders' Deficit:** $(9,209,463) at Q1 2025, indicating negative equity. **Profit Margins & Earnings:** - **Gross Margin:** Not explicitly stated, but implied to be low due to minimal revenue. - **Operating Margin:** Negative, with operating losses of $(3,161) in Q1 2025. - **Net Margin:** Negative, with a net loss of $(102,400) in Q1 2025. - **Earnings per Share (EPS):** $(0.00) for Q1 2025, due to the net loss and significant share count. **Trends & Uncertainties:** - **Revenue Trends:** Implied to be declining or minimal, with no significant revenue sources mentioned. - **Expense Trends:** Operating expenses have decreased, but not enough to offset losses. - **Cash Flow Trends:** Operating cash flow has decreased significantly. - **Uncertainties:** Significant doubt about the company's ability to continue as a going concern, with plans to seek additional capital. **Future Operations & Impact:** - **Capital Raising:** Management plans to seek additional capital through private placement offerings of debt and equity securities. - **Business Combination:** A potential business combination with VisionWave Technologies Inc. is expected to close in Q2 2025, subject to customary closing conditions. - **Impact:** The company's ability to continue operations depends on its ability to generate profitable operations or obtain necessary financing. **Risk Factors:** - **Financial Condition:** Significant accumulated deficit and working capital deficit. - **Operating History:** Limited operating history in an evolving industry. - **COVID-19 Impact:** Potential disruptions in development operations and delays on existing projects. - **Market Risk:** Limited public market for common stock and potential volatility in stock price. **Stock Information:** - **Ticker:** GBTCH - **Shares Outstanding:** 16,813,229,180 as of May 15, 2025. - **Market:** OTC Market Group's OTC marketplace.