$GSMT
Global-Smart.Tech Inc.
CIK:0001940243|SEC Filings
Statements of Operations - USD ($) |
12 Months Ended | |
|---|---|---|
May 31, 2026 |
May 31, 2025 |
|
| Income Statement [Abstract] | ||
| Revenues | $ 79,156 | $ 6,868 |
| Operating Expenses | ||
| Professional Fees | 43,441 | 29,513 |
| Depreciation Expense | 74,198 | 74,197 |
| General and Administrative Expenses | 65,285 | 27,532 |
| Total Operating Expenses | 182,924 | 131,242 |
| Net Loss from Operations | (103,768) | (124,374) |
| Provision for Income Taxes | ||
| Net Loss | $ (103,768) | $ (124,374) |
| Loss per Common Share – Basic & Diluted | $ (0.02) | $ (0.02) |
| Weighted Average Number of Common Shares Outstanding – Basic & Diluted | 6,130,669 | 5,035,284 |
Statements of Cash Flows - USD ($) |
12 Months Ended | |
|---|---|---|
May 31, 2026 |
May 31, 2025 |
|
| Statement of Cash Flows [Abstract] | ||
| Net Loss | $ (103,768) | $ (124,374) |
| Depreciation Expense | 74,198 | 74,197 |
| Accrued Salaries | 25,550 | |
| Prepaid expense | 9,195 | (18,295) |
| Deferred Revenue | (4,000) | 4,000 |
| Net Cash Used in Operating Activities | (24,375) | (38,922) |
| INVESTING ACTIVITIES | ||
| Net Cash Used in Investing Activities | ||
| FINANCING ACTIVITIES | ||
| Proceeds from Loan from Related Parties | 4,310 | 26,112 |
| Repayment to Loan from Related Parties | (1,200) | |
| Proceeds from the Sale of Common Stock | 7,203 | 26,841 |
| Net Cash Provided by Financing Activities | 11,513 | 51,865 |
| Net Cash Increase (Decrease) for the Period | (12,862) | 12,943 |
| Cash at Beginning of Period | 12,943 | |
| Cash at End of Period | 81 | 12,943 |
| Interest | ||
| Income Tax | ||
Balance Sheets - USD ($) |
May 31, 2026 |
May 31, 2025 |
|---|---|---|
| Current Assets | ||
| Сash | $ 81 | $ 12,943 |
| Prepaid Expenses | 9,100 | 18,295 |
| Total Current Assets | 9,181 | 31,238 |
| Fixed Assets | ||
| Equipment, net | 113,718 | 186,516 |
| Website Development, net | 1,750 | 3,150 |
| Total Fixed Assets | 115,468 | 189,666 |
| Total Assets | 124,649 | 220,904 |
| Current Liabilities | ||
| Accrued Salaries | 25,550 | 25,550 |
| Deferred Revenue | 4,000 | |
| Loan from Related Parties | 434,425 | 430,115 |
| Total Current Liabilities | 459,975 | 459,665 |
| Total Liabilities | 459,975 | 459,665 |
| Stockholders’ Equity (Deficit) | ||
| Common Stock ($0.001 par value, 75,000,000 shares authorized; 6,134,780 and 5,894,680 shares issued and outstanding as of May 31, 2026 and May 31, 2025, respectively) | 6,135 | 5,895 |
| Additional Paid-in Capital | 32,909 | 25,946 |
| Accumulated Other Comprehensive Income | 3 | 3 |
| Accumulated Deficit | (374,373) | (270,605) |
| Total Stockholders’ Equity (Deficit) | (335,326) | (238,761) |
| Total Liabilities & Stockholders’ Equity (Deficit) | $ 124,649 | $ 220,904 |