$GTCH

Forex International Trading Corp.

CIK:0001471781|SEC Filings

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Operating expenses:
General and administrative expenses	$ 5	$ 5,760	$ 59	$ 8,921
Professional expenses	77,623	108,250	84,864	108,250
Total operating expenses	77,628	114,010	84,923	117,171
Loss from operations	(77,628)	(114,010)	(84,923)	(117,171)
Other income (expense):
Change in fair value of derivative liability	(172,800)		(52,800)
Interest expense and financing costs	(135,506)	(101,390)	(435,936)	(199,314)
Change in fair value of marketable securities	(7)	(154)	8	(1,469)
Total other income (expense)	(308,313)	(101,544)	(488,728)	(200,783)
Income (loss) before income taxes	(385,941)	(215,554)	(573,651)	(317,954)
Income tax expense
Income (loss) from continuing operations	(385,941)	(215,554)	(573,651)	(317,954)
Net income (loss)	(385,941)	(215,554)	(573,651)	(317,954)
Less: net (loss) income attributable to the noncontrolling interest	(29)	(776)	(44)	(1,966)
Net income (loss) attributable to GTB Technologies Inc.	$ (385,912)	$ (214,778)	$ (573,607)	$ (315,988)
Weighted average common shares outstanding:
Basic	22,657,431,215	17,016,262,779	22,415,672,973	16,915,873,944
Diluted	672,265,364,607	637,498,005,791	672,265,364,607	6,374,980,057,913
Net loss per share (basic and diluted):
Basic	$ (0.00)	$ (0.00)	$ (0.00)	$ (0.00)
Diluted	$ (0.00)	$ (0.00)	$ (0.00)	$ (0.00)

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash Flows From Operating Activities:
Net Income (loss)	$ (573,651)	$ (317,954)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of debt discount	51,429
Change in fair value of derivative liability	52,800
Change in fair value of market equity security	(7)	1,470
Debt discount exceed of face value	180,000
Stock based compensation	60,000
Accounts payable and accrued expenses	(16,742)	296,635
Accounts payable and accrued expenses - RP	245,536	19,724
Net cash provided by (used in) operating activities	(635)	(125)
Cash Flows From Financing Activities:
Bank overdraft	40
Net cash provided by (used in) operating activities	40
Net changes in cash	(595)	(125)
Cash, beginning of period	595	125
Cash, end of period
Cash paid for:
Interest
Income taxes
Supplemental non-cash investing and financing activities
Debt discount related to convertible debt	360,000
Shares issued for conversion of convertible debt	30,000	16,796
Equipment acquired through issuance of note payable	$ 83,627

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current Assets:
Cash		$ 595
Fixed Assets	83,637
Marketable securities	15	8
Total current assets	83,652	603
Total assets	83,652	603
Current Liabilities:
Accounts payable – nonrelated party	739,812	897,008
Accrued expenses and Accrued interest – nonrelated party	716,738	576,284
Accounts payable – related party	1,146,164	1,146,164
Accrued expenses and Accrued interest – related party	2,182,930	2,117,394
Bank overdraft	40
Derivative liabilities	412,800	0
Convertible notes payable, current	5,140,161	5,170,161
Convertible notes payable, related party	474,599	474,599
Note payable, former related party	140,000	140,000
Total current liabilities	10,953,244	10,521,610
Non-Current Liabilities:
Loans payable, noncurrent	350,000	350,000
Convertible notes payable, Non current	51,429
Notes payable, noncurrent	83,637
Total noncurrent liabilities	485,066	350,000
Total liabilities	11,438,310	10,871,610
Stockholders’ Deficit:
Common stock, $0.00001 par value; 30,000,000,000 shares authorized; 24,417,866,769 and 20,217,870,775 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively	244,179	202,179
Treasury stock, at cost; 8 shares at June 30, 2026 and December 31, 2025, respectively	(11,059)	(11,059)
Additional paid in capital	286,060,905	286,012,905
Accumulated deficit	(296,570,132)	(295,996,525)
Total stockholders’ deficit	(10,236,107)	(9,792,500)
Non-Controlling Interest	(1,078,552)	(1,078,508)
Total stockholders’ deficit attributable to GBT Technologies, Inc.	(11,354,658)	(10,871,007)
Total liabilities and stockholders’ deficit	83,652	603
Series B Preferred Stock [Member]
Stockholders’ Deficit:
Preferred stock value
Total stockholders’ deficit attributable to GBT Technologies, Inc.
Series C Preferred Stock [Member]
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Preferred stock value
Total stockholders’ deficit attributable to GBT Technologies, Inc.
Series D Preferred Stock [Member]
Stockholders’ Deficit:
Preferred stock value
Series G Preferred Stock [Member]
Stockholders’ Deficit:
Preferred stock value
Series H Preferred Stock [Member]
Stockholders’ Deficit:
Preferred stock value
Total stockholders’ deficit attributable to GBT Technologies, Inc.
Series I Preferred Stock [Member]
Stockholders’ Deficit:
Preferred stock value
Total stockholders’ deficit attributable to GBT Technologies, Inc.