Goliath Film & Media Holdings Files Q1 2025 10-Q
Ticker: GFMH · Form: 10-Q · Filed: Sep 16, 2024 · CIK: 820771
| Field | Detail |
|---|---|
| Company | Goliath Film & Media Holdings (GFMH) |
| Form Type | 10-Q |
| Filed Date | Sep 16, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, quarterly-report, film-distribution
TL;DR
GFMH Q1 2025 10-Q filed. Financials updated.
AI Summary
Goliath Film & Media Holdings filed its 10-Q for the period ending July 31, 2024. The company, previously known as China Advanced Technology, is involved in motion picture and video tape distribution. The filing covers the first quarter of fiscal year 2025, with financial data reported as of July 31, 2024, and comparative data from April 30, 2024, and July 31, 2023.
Why It Matters
This filing provides investors with an update on Goliath Film & Media Holdings' financial performance and position for the first quarter of fiscal year 2025, crucial for understanding the company's operational health and future prospects.
Risk Assessment
Risk Level: medium — The company has a history of name changes and its SIC code suggests a specific industry, but without more detailed financial performance data, assessing the risk level is challenging.
Key Numbers
- 2024-07-31 — Reporting Period End Date (Marks the end of the fiscal quarter for which financial information is reported.)
- 2024-09-16 — Filing Date (The date the 10-Q report was officially submitted to the SEC.)
- Q1 2025 — Fiscal Quarter (Indicates the specific reporting period covered by this 10-Q filing.)
Key Players & Entities
- Goliath Film & Media Holdings (company) — Filer of the 10-Q
- 20240731 (date) — End of reporting period
- 20240916 (date) — Filing date
- 0000820771 (company) — Central Index Key for Goliath Film & Media Holdings
- 7822 (industry_code) — Standard Industrial Classification for Motion Picture & Video Tape Distribution
- 2024-07-31 (date) — Fiscal quarter end date
- 2023-07-31 (date) — Prior year comparative period end date
FAQ
What is the primary business of Goliath Film & Media Holdings?
Goliath Film & Media Holdings is involved in SERVICES-MOTION PICTURE & VIDEO TAPE DISTRIBUTION, with a Standard Industrial Classification code of 7822.
What is the reporting period for this 10-Q filing?
The 10-Q filing is for the period ending July 31, 2024, which corresponds to the first quarter of fiscal year 2025.
When was this 10-Q filed with the SEC?
This 10-Q filing was made on September 16, 2024.
Has Goliath Film & Media Holdings undergone name changes in the past?
Yes, the company has had previous names including CHINA ADVANCED TECHNOLOGY and WESTMARK GROUP HOLDINGS INC, with name changes occurring on May 31, 2011, June 22, 2010, and August 8, 1994, respectively.
What are the key dates for the financial reporting period covered?
The filing covers the period from May 1, 2024, to July 31, 2024, with comparative data also referencing April 30, 2024, and July 31, 2023.
Filing Stats: 4,528 words · 18 min read · ~15 pages · Grade level 15.4 · Accepted 2024-09-16 12:31:51
Key Financial Figures
- $0.001 — nge on which registered Common stock, $0.001 par value GFMH OTCBB There were 1
Filing Documents
- form10-q.htm (10-Q) — 470KB
- ex31-1.htm (EX-31.1) — 12KB
- ex32-1.htm (EX-32.1) — 7KB
- 0001493152-24-036328.txt ( ) — 2256KB
- gfmh-20240731.xsd (EX-101.SCH) — 14KB
- gfmh-20240731_cal.xml (EX-101.CAL) — 22KB
- gfmh-20240731_def.xml (EX-101.DEF) — 50KB
- gfmh-20240731_lab.xml (EX-101.LAB) — 180KB
- gfmh-20240731_pre.xml (EX-101.PRE) — 138KB
- form10-q_htm.xml (XML) — 207KB
Signatures
Signatures 23 2 PART I – FINANCIAL INFORMATION Item 1. Financial Statements. The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and in accordance with the instructions for Form 10-Q. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, the financial statements contain all material adjustments, consisting only of normal recurring adjustments necessary to present fairly the financial condition, results of operations, and cash flows of the Company for the interim periods presented. The results for the periods ended July 31, 2024 are not necessarily indicative of the results of operations for the full year. 3 GOLIATH FILM AND MEDIA HOLDINGS CONDENSED CONSOLIDATED BALANCE SHEETS JULY 31, 2024 APRIL 30, 2024 (unaudited) ASSETS Current assets Cash $ 304 $ 437 Total current assets 304 437 Total assets $ 304 $ 437 LIABILITIES AND STOCKHOLDERS' DEFICIT Current liabilities Accounts payable and accrued expenses $ 15,068 $ 14,685 Accounts payable – related party 96,079 86,354 Total current liabilities 111,147 101,039 Total liabilities 111,147 101,039 Commitments and contingencies — — Stockholders' deficit Preferred stock, $ 0.001 par value, 1,000,000 shares authorized; no shares issued and outstanding at July 31, 2024 and April 30, 2024, respectively — — Common stock, $ 0.001 par value, 199,000,000 shares authorized; 138,964,917 shares issued and outstanding, at July 31, 2024 and April 30, 2024, respectively 138,966 138,966 Additional paid in capital 451,500 451,500 Common stock to be issued 381,532 381,532 Accumulated deficit ( 1,082,841 ) ( 1,072,600 ) Total stockholders' deficit ( 110,843 ) ( 100,602 ) Total liabilities and stockholders' defici