Thu, May 15, 4:15 PM (37 days ago)
**Green Planet Bioengineering Co., Ltd. (GPLB) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** GPLB reported no revenue for Q1 2025, consistent with Q1 2024. - **Profit Margins:** The company incurred a net loss of $6,840,000 in Q1 2025, slightly higher than the $6,465,000 loss in Q1 2024. - **Cash Flow:** Operating activities used $6,915,000 in cash, while financing activities provided $6,915,000, primarily from a related party. - **Earnings Changes:** The loss per share was less than $0.01 for both periods. **Financial Position:** - **Assets:** No cash or current assets reported. - **Liabilities:** Total current liabilities were $471,974,000, including $466,549,000 due to a related party. - **Stockholders' Deficit:** Increased to $471,974,000 from $465,134,000. **Management Discussion:** - **Operations:** GPLB operates as a shell corporation seeking acquisition or merger opportunities. - **Liquidity:** Dependent on related party funding, with substantial doubt about continued operations. - **Future Outlook:** Uncertain, pending identification of profitable business opportunities and securing adequate financing. **Trends and Uncertainties:** - **Going Concern:** Significant doubt due to working capital deficit and lack of active operations. - **Funding:** Reliant on related party support, with no assurances of future funding. - **Market Risks:** No material changes reported. **Future Operations Impact:** - **Dependent on Acquisitions:** Future performance hinges on successful acquisitions or mergers. - **Funding Needs:** Continued reliance on external funding to sustain operations and pursue opportunities. **Ticker:** GPLB