$GSMT
Global-Smart.Tech Inc.
CIK:0001940243|SEC Filings
Condensed Statements of Operations - USD ($) |
3 Months Ended | |
|---|---|---|
Aug. 31, 2026 |
Aug. 31, 2025 |
|
| Income Statement [Abstract] | ||
| Revenues | $ 27,482 | $ 14,803 |
| Operating Expenses | ||
| Professional Fees | 11,660 | 31,090 |
| Depreciation Expense | 18,549 | 18,549 |
| General and Administrative Expenses | 13,245 | 11,840 |
| Total Operating Expenses | 43,454 | 61,479 |
| Net Loss from Operations | (15,972) | (46,676) |
| Provision for Income Taxes | ||
| Net Loss | $ (15,972) | $ (46,676) |
| Loss per Common Share – Basic & Diluted | $ (0.00) | $ (0.01) |
| Weighted Average Number of Common Shares Outstanding – Basic & Diluted | 3,493,476 | 5,091,774 |
Condensed Statements of Cash Flows - USD ($) |
3 Months Ended | |
|---|---|---|
Aug. 31, 2026 |
Aug. 31, 2025 |
|
| OPERATING ACTIVITIES | ||
| Net Loss | $ (15,972) | $ (46,676) |
| Depreciation Expense | 18,549 | 18,549 |
| Prepaid expense | (33,755) | (5,030) |
| Accounts Payable | 10,000 | |
| Deferred Revenue | 23,500 | (788) |
| Net Cash Used in Operating Activities | (7,678) | (23,945) |
| INVESTING ACTIVITIES | ||
| Net Cash Used in Investing Activities | ||
| FINANCING ACTIVITIES | ||
| Proceeds from Loan from Related Parties | 8,050 | 4,310 |
| Proceeds from the Sale of Common Stock | 7,203 | |
| Net Cash Provided by Financing Activities | 8,050 | 11,513 |
| Net Cash Increase (Decrease) for the Period | 372 | (12,432) |
| Cash at Beginning of Period | 81 | 12,943 |
| Cash at End of Period | 453 | 511 |
| Interest | ||
| Income Tax | ||
Condensed Balance Sheets - USD ($) |
Aug. 31, 2026 |
May 31, 2026 |
|---|---|---|
| Current Assets | ||
| Cash | $ 453 | $ 81 |
| Prepaid Expenses | 42,855 | 9,100 |
| Total Current Assets | 43,308 | 9,181 |
| Fixed Assets | ||
| Equipment, net | 95,519 | 113,718 |
| Website Development, net | 1,400 | 1,750 |
| Total Fixed Assets | 96,919 | 115,468 |
| Total Assets | 140,227 | 124,649 |
| Current Liabilities | ||
| Accrued Salaries | 25,550 | 25,550 |
| Deferred Revenue | 23,500 | |
| Loan from Related Parties | 442,475 | 434,425 |
| Total Current Liabilities | 491,525 | 459,975 |
| Total Liabilities | 491,525 | 459,975 |
| Stockholders’ Equity (Deficit) | ||
| Common Stock ($0.001 par value, 75,000,000 shares authorized; 3,134,780 and 6,134,780 shares issued and outstanding as of August 31, 2026 and May 31, 2026, respectively) | 3,135 | 6,135 |
| Additional Paid-in Capital | 35,909 | 32,909 |
| Accumulated Other Comprehensive Income | 3 | 3 |
| Accumulated Deficit | (390,345) | (374,373) |
| Total Stockholders’ Equity (Deficit) | (351,298) | (335,326) |
| Total Liabilities & Stockholders’ Equity (Deficit) | $ 140,227 | $ 124,649 |