--- title: "Global Interactive Tech | 10-K: FY2025 Revenue: USD 1.932 K" type: "News" locale: "en" url: "https://longbridge.com/en/news/287704252.md" datetime: "2026-05-27T02:24:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287704252.md) - [en](https://longbridge.com/en/news/287704252.md) - [zh-HK](https://longbridge.com/zh-HK/news/287704252.md) generator: "portal-rs" --- # Global Interactive Tech | 10-K: FY2025 Revenue: USD 1.932 K Revenue: As of FY2025, the actual value is USD 1.932 K. EPS: As of FY2025, the actual value is USD -1.44. EBIT: As of FY2025, the actual value is USD -2.432 M. Global Interactive Technologies, Inc. operates in a single reportable segment focused on digital fan engagement services. #### Segment Revenue Revenue for 2025 was approximately $1,932, compared to no material revenue in 2024, reflecting limited early-stage commercialization activities associated with the Faning platform. #### Operational Metrics - **Operating Expenses**: Operating expenses for 2025 were approximately $2,440,752, an increase from approximately $888,363 for 2024, mainly due to public company operating costs and expenses related to attempted financing and capital markets activities. - **Operating Loss**: The company reported an operating loss of approximately - $2,438,820 for 2025, compared to - $888,363 for 2024. - **Net Loss from Continuing Operations**: Net loss from continuing operations was approximately - $4,632,893 for 2025, compared to - $4,783,651 for 2024. - **Total Net Loss**: The total net loss for 2025 was approximately - $4,632,893, a decrease from - $6,171,969 in 2024, primarily due to a gain on disposal of subsidiaries recognized in 2024, partially offset by increased operating expenses and higher impairment charges in 2025. - **Impairment Loss on Intangible Assets**: An impairment loss on intangible assets of approximately - $1,019,611 was recorded during 2025, compared to approximately - $94,264 during 2024, reflecting a reassessment of projected future cash flows and commercialization timelines. - **Debt Extinguishment Loss**: A debt extinguishment loss of - $1,168,228 was recorded in 2025. #### Cash Flow - **Net Cash Used in Operating Activities (Continuing Operations)**: Net cash used was - $751,197 for 2025, compared to - $456,431 for 2024, driven by public company operating costs and compliance activities. - **Net Cash Provided by Investing Activities (Continuing Operations)**: Net cash provided was $0 for 2025, compared to $154,148 for 2024, which in 2024 was mainly from the collection of short-term loan receivables and disposal of property and equipment. - **Net Cash Provided by Financing Activities (Continuing Operations)**: Net cash provided was $757,344 for 2025, an increase from $368,152 for 2024, primarily due to capital raising and liquidity management initiatives. - **Cash and Cash Equivalents (End of Period)**: As of December 31, 2025, cash and cash equivalents were approximately $6,990, compared to $2,352 as of December 31, 2024. #### Unique Metrics - **Working Capital Deficit**: The company had a working capital deficit of - $891,113 as of December 31, 2025, compared to - $665,352 as of December 31, 2024. - **Intangible Assets, Net**: Net intangible assets were $3,029,061 as of December 31, 2025, down from $4,940,000 as of December 31, 2024. - **Operating Lease Right-of-Use Assets**: These assets were $1,264,546 as of December 31, 2025, compared to $1,458,780 as of December 31, 2024. - **Stockholders’ Equity**: Stockholders’ equity decreased from approximately $5.7 million as of December 31, 2024, to approximately $3.4 million as of December 31, 2025, driven by net loss, debt conversions, warrant exercise, and the impairment charge on intangible assets. - **Faning Platform Status**: As of December 31, 2025, the Faning platform was in an early-stage commercialization phase with limited revenue, with monetization initiatives including digital engagement features, subscription-related functionality, and advertising infrastructure. - **Legacy User Base**: The legacy Fantoo platform historically accumulated approximately 26.6 million registered accounts as of December 31, 2024, but the company did not complete a migration or reactivation of this historical user base during 2025. - **Average Revenue Per User (ARPU)**: ARPU remained limited during 2025. - **Faning Points (FP)**: The value of FP is fixed at a ratio of 1 FP to 100 Korean Won, with 50% of daily net advertising profits distributed as FP to users (30% for content creators and 20% for general participating users). #### Outlook / Guidance Global Interactive Technologies, Inc. expects to focus on migrating and re-engaging legacy Fantoo users, enhancing monetization tools, and pursuing targeted user acquisition in international markets. The company also plans strategic partnerships and an expansion of platform engagement features, while operating expenses are projected to remain elevated due to continued investment and ongoing public company compliance costs. Global Interactive Technologies, Inc. estimates a need for approximately $3.0 million in additional capital over the next 12 months, with an Equity Purchase Agreement for up to $18 million in equity financing providing access to sufficient capital. ### Related Stocks - [GITS.US](https://longbridge.com/en/quote/GITS.US.md) ## Related News & Research - [Copenhagen Capital 1H FY26 profit before tax more than doubled to DKK 42.1 million](https://longbridge.com/en/news/296217796.md) - [Systemair to release Q1 interim report, host investor call](https://longbridge.com/en/news/296436883.md) - [Jefferies Cites NTES as Confident in Long-term Operation of 'Naraka: Bladepoint'; Rating Maintained at 'Buy'](https://longbridge.com/en/news/296564393.md) - [Ondas director Richard M. 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