Income Statement Global AI, Inc.

Stocks

GLAI

US93208X2018

IT Services & Consulting

Market Closed - OTC Markets 11:29:12 2026-06-03 EDT			5-day change	1st Jan Change
0.6220 ^USD	-3.12%		-37.80%	-38.42%

08-13	Global AI, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
07-08	Global AI, Inc. announced that it has received $0.5 million in funding	CI

39057702.By10MfIXiWKa58jlCrrtD8KMkwTeU8tQiEPuSPfH7UY.bwA5QLlzwzTMjo6tXsisPqf_p3W5Mb4z3C2mGKCFqWtxfCF9n2_LBs2PnQ

Published financial data: GLOBAL AI, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	72.5K	60K	49K	24.9K	144K
Total Revenues	72.5K	60K	49K	24.9K	144K
Cost of Goods Sold, Total	-	-	-	15.34K	101K
Gross Profit	72.5K	60K	49K	9.55K	42.39K
Selling General & Admin Expenses, Total	63.73K	65.5K	2.1M	966K	2.35M
Provision for Bad Debts	10K	-10K	-	-	-
R&D Expenses	-	-	-	44.31K	-
Other Operating Expenses, Total	73.73K	55.5K	2.1M	1.01M	2.35M
Operating Income	-1.23K	4.5K	-2.1M	-1M	-2.31M
Interest Expense, Total	-3.71K	-3.74K	-2.86K	-	-28.1K
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-3.71K	-3.74K	-2.86K	-	-28.1K
Other Non Operating Income (Expenses)	-	-	8	-	-
EBT, Excl. Unusual Items	-4.94K	758	-2.1M	-1M	-2.34M
EBT, Incl. Unusual Items	-4.94K	758	-2.1M	-1M	-2.34M
Income Tax Expense	-	-	-	-	35.03K
Earnings From Continuing Operations	-4.94K	758	-2.1M	-1M	-2.37M
Net Income to Company	-4.94K	758	-2.1M	-1M	-2.37M
Net Income - (IS)	-4.94K	758	-2.1M	-1M	-2.37M
Net Income to Common Incl Extra Items	-4.94K	758	-2.1M	-1M	-2.37M
Net Income to Common Excl. Extra Items	-4.94K	758	-2.1M	-1M	-2.37M
Per Share Items
Net EPS - Basic	-0	0	-0	-0.01	-0.02
Basic EPS - Continuing Operations	-0	0	-0	-0.01	-0.02
Basic Weighted Average Shares Outstanding	108M	108M	137M	154M	155M
Net EPS - Diluted	-0	0	-0	-0.01	-0.02
Diluted EPS - Continuing Operations	-0	0	-0	-0.01	-0.02
Diluted Weighted Average Shares Outstanding	108M	108M	137M	154M	155M
Normalized Basic EPS	-0	0	-0	-0	-0.01
Normalized Diluted EPS	-0	0	-0	-0	-0.01
Supplemental Items
EBITDA	-	-	-	-	-2.3M
EBITA	-1.23K	4.5K	-2.1M	-1M	-2.31M
EBIT	-1.23K	4.5K	-2.1M	-1M	-2.31M
Total Revenues (As Reported)	72.5K	60K	49K	24.9K	-
Effective Tax Rate - (Ratio)	-	-	-	-	-1.5
Current Foreign Taxes	-	-	-	-	35.03K
Total Current Taxes	-	-	-	-	35.03K
Normalized Net Income	-3.09K	474	-1.31M	-626K	-1.46M
Supplemental Operating Expense Items
Selling and Marketing Expenses	-	-	-	-	203K
General and Administrative Expenses	62.18K	63.81K	2.09M	966K	2.15M
Research And Development Expense From Footnotes	-	-	-	44.31K	-
Net Rental Expense, Total	1.55K	1.69K	661	-	-
Imputed Operating Lease Interest Expense	502	545	-	-	-
Imputed Operating Lease Depreciation	1.05K	1.15K	-	-	-
Stock-Based Comp., Other (Total)	-	-	68.8K	-	-
Total Stock-Based Compensation	-	-	68.8K	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.16K	5.81K	184K	9.93K	77.2K
Total Cash And Short Term Investments	1.16K	5.81K	184K	9.93K	77.2K
Accounts Receivable, Total	5K	5K	-	29.13K	125K
Total Receivables	5K	5K	-	29.13K	125K
Prepaid Expenses	5K	5.08K	1.1K	-	114K
Total Current Assets	11.16K	15.89K	185K	39.06K	316K
Gross Property Plant And Equipment	-	-	-	-	78.85K
Accumulated Depreciation	-	-	-	-	-11.45K
Net Property Plant And Equipment	-	-	-	-	67.4K
Deferred Charges Long-Term	-	-	-	-	3.66M
Other Long-Term Assets, Total	578	578	-	-	703
Total Assets	11.73K	16.47K	185K	39.06K	4.05M
Liabilities
Accounts Payable, Total	-	-	232K	300K	591K
Accrued Expenses, Total	7.15K	8.51K	5.1K	39.03K	231K
Short-term Borrowings	91.5K	94.12K	-	-	4.91M
Current Income Taxes Payable	-	-	-	-	43.04K
Unearned Revenue Current, Total	-	-	-	-	98.93K
Other Current Liabilities	-	-	-	-1	-
Total Current Liabilities	98.65K	103K	237K	339K	5.87M
Total Liabilities	98.65K	103K	237K	339K	5.87M
Common Stock, Total	26.92K	26.92K	154K	154K	155K
Additional Paid In Capital	1.3M	1.3M	1.84M	2.6M	3.44M
Retained Earnings	-1.41M	-1.41M	-2.05M	-3.05M	-5.42M
Total Common Equity	-86.92K	-86.16K	-52.13K	-300K	-1.82M
Total Equity	-86.92K	-86.16K	-52.13K	-300K	-1.82M
Total Liabilities And Equity	11.73K	16.47K	185K	39.06K	4.05M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	108M	108M	154M	155M	155M
ECS Total Common Shares Outstanding	108M	108M	114M	154M	155M
Book Value / Share	-0	-0	-0	-0	-0.01
Tangible Book Value	-86.92K	-86.16K	-52.13K	-300K	-1.82M
Tangible Book Value Per Share	-0	-0	-0	-0	-0.01
Total Debt	91.5K	94.12K	0	0	4.91M
Net Debt	90.34K	88.31K	-184K	-9.93K	4.83M
Debt Equivalent Oper. Leases	12.38K	13.54K	13.44K	-	-
Account Code - Inventory Valuation	-	-	3	3	3
Full Time Employees	-	-	1	-	-
Part Time Employees	-	-	1	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	10K	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-4.94K	758	-2.1M	-1M	-2.37M
Depreciation & Amortization - CF	-	-	-	-	11.45K
Depreciation & Amortization, Total	-	-	-	-	11.45K
Stock-Based Compensation (CF)	-	-	68.8K	-	-
Other Operating Activities, Total	-	-	-	-	-
Change In Accounts Receivable	-	-	5K	-29.13K	-95.65K
Change In Accounts Payable	-	-	812K	98.75K	625K
Change in Other Net Operating Assets	-3.29K	1.28K	20.4K	4.1K	-114K
Cash from Operations	-8.23K	2.04K	-1.26M	-927K	-1.94M
Capital Expenditure	-	-	-	-	-78.85K
Sale (Purchase) of Intangible assets	-	-	-	-	-1.85M
Other Investing Activities, Total	-	-	-	-	-703
Cash from Investing	-	-	-	-	-1.93M
Short Term Debt Issued, Total	-	2.62K	-	-	2.71M
Total Debt Issued	-	2.62K	-	-	2.71M
Short Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	-	-	2M	753K	1.24M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-	2.62K	2M	753K	3.94M
Net Change in Cash	-8.23K	4.66K	736K	-174K	67.27K
Supplemental Items
Cash Interest Paid	2K	2.38K	8.51K	-	-
Levered Free Cash Flow	-6.38K	1.75K	25.79K	-552K	-2.96M
Unlevered Free Cash Flow	-4.06K	4.09K	27.57K	-552K	-2.95M
Change In Net Working Capital	3.29K	-1.28K	-29.56K	-73.73K	-416K
Net Debt Issued / Repaid	-	2.62K	-	-	2.71M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-5.75	19.93	-805.91	-558.36	-70.59
Return on Total Capital	-10.89	44.81	707.05	355.48	-103.62
Return On Equity %	5.85	-0.88	203.44	568.77	188.62
Return on Common Equity	5.85	-0.88	203.44	568.77	188.62
Margin Analysis
Gross Profit Margin %	100	100	100	38.37	29.47
SG&A Margin	87.9	109.17	331.13	3.88K	1.63K
EBITDA Margin %	-	-	-	-	-1.6K
EBITA Margin %	-1.69	7.49	-231.13	-4.02K	-1.6K
EBIT Margin %	-1.69	7.49	-231.13	-4.02K	-1.6K
Income From Continuing Operations Margin %	-6.81	1.26	-236.96	-4.02K	-1.65K
Net Income Margin %	-6.81	1.26	-236.96	-4.02K	-1.65K
Net Avail. For Common Margin %	-6.81	1.26	-236.96	-4.02K	-1.65K
Normalized Net Income Margin	-4.26	0.79	-148.1	-2.51K	-1.02K
Levered Free Cash Flow Margin	-8.79	2.92	52.63	-2.22K	-2.06K
Unlevered Free Cash Flow Margin	-5.6	6.81	56.27	-2.22K	-2.05K
Asset Turnover
Asset Turnover	5.43	4.25	5.58	0.22	0.07
Receivables Turnover (Average Receivables)	14.5	12	-	-	1.87
Short Term Liquidity
Current Ratio	0.11	0.15	0.78	0.12	0.05
Quick Ratio	0.06	0.11	0.78	0.12	0.03
Operating Cash Flow to Current Liabilities	-0.08	0.02	-5.33	-2.74	-0.33
Days Sales Outstanding (Average Receivables)	25.17	30.42	-	-	195.27
Average Days Payable Outstanding	-	-	-	6.34K	1.6K
Long Term Solvency
Total Debt/Equity	-105.27	-109.24	-	-	-269.03
Total Debt / Total Capital	2K	1.18K	-	-	159.16
Total Liabilities / Total Assets	840.74	623.13	128.17	867.83	145.07
EBIT / Interest Expense	-0.33	1.2	-39.67	-	-82.14
EBITDA / Interest Expense	-	-	-	-	-81.73
(EBITDA - Capex) / Interest Expense	-	-	-	-	-84.53
Total Debt / EBITDA	-	-	-	-	-2.14
Net Debt / EBITDA	-	-	-	-	-2.1
Total Debt / (EBITDA - Capex)	-	-	-	-	-2.07
Net Debt / (EBITDA - Capex)	-	-	-	-	-2.03
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-8.81	-17.24	-18.33	-26.78	477.76
Gross Profit, 1 Yr. Growth %	-8.08	-17.24	-18.33	-71.91	343.81
EBITA, 1 Yr. Growth %	-107.44	-466.12	-2.62K	57.52	130.59
EBIT, 1 Yr. Growth %	-107.44	-466.12	-2.62K	57.52	130.59
Earnings From Cont. Operations, 1 Yr. Growth %	-138.57	-115.35	-15.42K	57.05	136.9
Net Income, 1 Yr. Growth %	-138.57	-115.35	-15.42K	57.05	136.9
Normalized Net Income, 1 Yr. Growth %	-138.57	-115.35	-15.41K	57.05	133.4
Diluted EPS Before Extra, 1 Yr. Growth %	-138.14	-115.56	-14.6K	38.92	136.13
Accounts Receivable, 1 Yr. Growth %	0	0	-	-	328.38
Total Assets, 1 Yr. Growth %	-21.57	40.36	-93.34	-78.89	10.27K
Tangible Book Value, 1 Yr. Growth %	6.02	-0.87	-67.52	475.28	164.5
Common Equity, 1 Yr. Growth %	6.02	-0.87	-67.52	475.28	164.5
Cash From Operations, 1 Yr. Growth %	1.58K	-124.74	-385.36	185.25	109.64
Levered Free Cash Flow, 1 Yr. Growth %	20.48	-127.48	1.37K	-	436.97
Unlevered Free Cash Flow, 1 Yr. Growth %	36.28	-200.76	574.46	-	433.79
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-10.39	-13.13	-17.79	-	105.68
Gross Profit, 2 Yr. CAGR %	-10.08	-12.78	-17.79	-	11.66
EBITA, 2 Yr. CAGR %	-78.94	-47.81	860.34	-	90.58
EBIT, 2 Yr. CAGR %	-78.94	-47.81	860.34	-	90.58
Earnings From Cont. Operations, 2 Yr. CAGR %	-53.97	-75.67	384.85	-	92.88
Net Income, 2 Yr. CAGR %	-53.97	-75.67	384.85	-	92.88
Normalized Net Income, 2 Yr. CAGR %	-53.97	-75.66	384.85	-	91.45
Diluted EPS Before Extra, 2 Yr. CAGR %	-54.36	-75.64	374.93	-	81.12
Accounts Receivable, 2 Yr. CAGR %	-	0	-	-	-
Total Assets, 2 Yr. CAGR %	14.48	4.92	-69.42	-	367.74
Tangible Book Value, 2 Yr. CAGR %	-4.24	2.52	-43.26	-	491.64
Common Equity, 2 Yr. CAGR %	-4.24	2.52	-43.26	-	491.64
Cash From Operations, 2 Yr. CAGR %	-44.65	103.63	-15.97	-	144.54
Levered Free Cash Flow, 2 Yr. CAGR %	-40.66	-42.46	101.11	-	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	-55.88	17.18	160.69	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.99	-12.74	-14.9	-	-
Gross Profit, 3 Yr. CAGR %	9.94	-12.53	-14.67	-	-
EBITA, 3 Yr. CAGR %	-56.34	-45.44	90.01	-	-
EBIT, 3 Yr. CAGR %	-56.34	-45.44	90.01	-	-
Earnings From Cont. Operations, 3 Yr. CAGR %	-36.48	-68.08	108.53	-	-
Net Income, 3 Yr. CAGR %	-36.48	-68.08	108.53	-	-
Normalized Net Income, 3 Yr. CAGR %	-36.48	-68.08	108.53	-	-
Diluted EPS Before Extra, 3 Yr. CAGR %	-36.77	-68.12	104.89	-	-
Accounts Receivable, 3 Yr. CAGR %	25.99	-	-	-	-
Total Assets, 3 Yr. CAGR %	14.14	22.53	-58.15	-	-
Tangible Book Value, 3 Yr. CAGR %	-9.71	-3.13	-30.11	-	-
Common Equity, 3 Yr. CAGR %	-9.71	-3.13	-30.11	-	-
Cash From Operations, 3 Yr. CAGR %	2.02	-57.68	127.88	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	130.59	-54.09	69.54	-	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	20.72	-41.9	110.01	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.19	-2.33	-2.64	-	-
Gross Profit, 5 Yr. CAGR %	14.02	-2.17	-2.12	-	-
EBITA, 5 Yr. CAGR %	-53.14	-17.66	50.33	-	-
EBIT, 5 Yr. CAGR %	-53.14	-17.66	50.33	-	-
Earnings From Cont. Operations, 5 Yr. CAGR %	-33.34	-29.11	43.21	-	-
Net Income, 5 Yr. CAGR %	-33.34	-29.11	43.21	-	-
Normalized Net Income, 5 Yr. CAGR %	-33.34	-29.1	43.21	-	-
Diluted EPS Before Extra, 5 Yr. CAGR %	-33.58	-29.07	41.65	-	-
Accounts Receivable, 5 Yr. CAGR %	-	-12.94	-	-	-
Total Assets, 5 Yr. CAGR %	94.46	1.7	-32.61	-	-
Tangible Book Value, 5 Yr. CAGR %	-3.35	-2.71	-25.02	-	-
Common Equity, 5 Yr. CAGR %	-3.35	-2.71	-25.02	-	-
Cash From Operations, 5 Yr. CAGR %	-30.39	-22.67	-5.59	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-26.05	-39.07	118.31	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-31.43	-26.02	64.26	-	-