Glidelogic Corp. Files Q3 10-Q

Ticker: GDLG · Form: 10-Q · Filed: Sep 16, 2024 · CIK: 1848672

Glidelogic Corp. 10-Q Filing Summary
FieldDetail
CompanyGlidelogic Corp. (GDLG)
Form Type10-Q
Filed DateSep 16, 2024
Risk Levellow
Pages16
Reading Time19 min
Key Dollar Amounts$1,388, $30,000, $5,755, $2,755, $3,000
Sentimentneutral

Sentiment: neutral

Topics: 10-Q, quarterly-report, financials

TL;DR

Glidelogic Corp. filed its 10-Q for the quarter ending 7/31/24. Check financials.

AI Summary

Glidelogic Corp. filed its 10-Q for the period ending July 31, 2024. The company, incorporated in Nevada with its principal office in Culver City, CA, operates in computer programming services. This filing covers the third quarter of their fiscal year, which ends January 31st.

Why It Matters

This 10-Q filing provides investors with an update on Glidelogic Corp.'s financial performance and operational status for the third quarter of their fiscal year.

Risk Assessment

Risk Level: low — This filing is a routine quarterly report and does not indicate any immediate or significant risks.

Key Players & Entities

  • Glidelogic Corp. (company) — Filer of the 10-Q
  • Culver City, CA (location) — Business and mailing address
  • 7371 (industry_code) — Standard Industrial Classification for Computer Programming Services
  • 0131 (date) — Fiscal year end
  • 20240731 (date) — Period of report

FAQ

What is Glidelogic Corp.'s fiscal year end?

Glidelogic Corp.'s fiscal year ends on January 31st.

Where is Glidelogic Corp. located?

Glidelogic Corp.'s business and mailing address is 11264 Playa Court, Culver City, CA 90230.

What is the SIC code for Glidelogic Corp.?

The Standard Industrial Classification code for Glidelogic Corp. is 7371, which corresponds to Services-Computer Programming Services.

What period does this 10-Q filing cover?

This 10-Q filing covers the period ending July 31, 2024.

What is the filing date of this 10-Q?

This 10-Q filing was filed on September 16, 2024.

Filing Stats: 4,755 words · 19 min read · ~16 pages · Grade level 12 · Accepted 2024-09-16 15:36:01

Key Financial Figures

  • $1,388 — any as a going concern. The Company had $1,388 revenues for the six months ended July
  • $30,000 — equivalent of Thirty Thousand Dollars ($30,000) in Artificial Intelligence (AI) techno
  • $5,755 — logic Corp. c. In July, an additional $5,755 was loaned to Glidelogic Corp. This amo
  • $2,755 — 2 instances occurring on July 11, 2024: $2,755 & $3,000 respectively. Thus, for the
  • $3,000 — es occurring on July 11, 2024: $2,755 & $3,000 respectively. Thus, for the six month
  • $1,416 — nonmonetary exchange invoice amount of $1,416 depicted in the Accounts Receivable sec

Filing Documents

Financial Statements (Unaudited)

Financial Statements (Unaudited) 1 Balance Sheets as of July 31, 2024 (Unaudited) and January 31, 2024 2 3 4 5 Notes to the Unaudited Financial Statements 6 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 13 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 17 Item 4.

Controls and Procedures

Controls and Procedures 17 PART II OTHER INFORMATION: Item 1.

Legal Proceedings

Legal Proceedings 18 Item 1A

Risk Factors

Risk Factors 18 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 18 Item 3. Defaults Upon Senior Securities 18 Item 4. Submission of Matters to a Vote of Securities Holders 18 Item 5. Other Information 18 Item 6. Exhibits 18

Signatures

Signatures 19 i PART 1 – FINANCIAL INFORMATION

Financial Statements

Item 1. Financial Statements The accompanying interim financial statements of Glidelogic Corp. ("the Company", "we", "us" or "our"), have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission. The interim financial statements are condensed and should be read in conjunction with the company's latest annual financial statements. In the opinion of management, the financial statements contain all material adjustments, consisting only of normal adjustments considered necessary to present fairly the financial condition, results of operations, and cash flows of the Company for the interim periods presented. 1 GLIDELOGIC CORP. BALANCE SHEETS As of July 31, 2024 (Unaudited) and January 31, 2024 (Audited) July 31, 2024 (Unaudited) January 31, 2024 (Audited) ASSETS Current Assets Cash and Cash Equivalents $ 1,019 $ 199 Accounts Receivable from Related Party - 1,416 Total Current Assets 1,019 1,615 Fixed Assets Equipment, net 3,123 3,333 Total Fixed Assets 3,123 3,333 Total Assets $ 4,142 $ 4,948 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Account Payable $ 1,550 $ 9,782 Loan Payable (to Parent Company) 5,000 5,000 Note Payable (to Ma) 500 - Note Payable (to Xue) 17,132 - SLI Loan Payable 8,539 - Total Current Liabilities $ 32,721 $ 14,782 Commitments and Contingencies - - Stockholders' Equity Common stock, par value $ 0.001 ; 75,000,000 shares authorized, 66,593,750 shares issued and outstanding as of July 31, 2024; and 66,593,750 shares issued and outstanding as of January 31, 2024 $ 66,594 66,594 Retained Earnings ( 95,173 ) ( 76,428 ) Total Stockholders' Equity $ ( 28,579 ) $ ( 9,834 ) Total Liabilities and Stockholders' Equity $ 4,142 $ 4,948 See accompanying notes, which are an integral part of these financial statements 2 GLIDELOGIC CORP. For the three months and s

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