Goliath Film & Media Holdings Files Q2 FY25 10-Q

TL;DR

GFMH filed its Q2 FY25 10-Q, showing financials for motion picture distribution.

AI Summary

Goliath Film & Media Holdings filed its 10-Q for the period ending October 31, 2024. The filing covers the second quarter of fiscal year 2025. The company's principal business is motion picture and video tape distribution, with its headquarters located at 640 S San Vicente Boulevard, Los Angeles, CA.

Why It Matters

This filing provides investors with an update on Goliath Film & Media Holdings' financial performance and operational status for the second quarter of fiscal year 2025.

Risk Assessment

Risk Level: low — This is a standard quarterly financial filing with no immediate red flags or significant new information presented.

Key Numbers

• Q2 2025 — Fiscal Quarter (Period covered by the 10-Q filing)
• 2024-10-31 — Reporting Period End Date (The end date for the financial information presented)

Key Players & Entities

• Goliath Film & Media Holdings (company) — Filer of the 10-Q
• 640 S San Vicente Boulevard, Fifth Floor, Los Angeles, CA 90048 (location) — Company's business and mailing address
• 20241031 (date) — End of the reporting period
• 20241209 (date) — Filing date

FAQ

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) — 463KB
• ex31-1.htm (EX-31.1) — 11KB
• ex32-1.htm (EX-32.1) — 6KB
• 0001493152-24-049310.txt ( ) — 2347KB
• gfmh-20241031.xsd (EX-101.SCH) — 15KB
• gfmh-20241031_cal.xml (EX-101.CAL) — 21KB
• gfmh-20241031_def.xml (EX-101.DEF) — 54KB
• gfmh-20241031_lab.xml (EX-101.LAB) — 185KB
• gfmh-20241031_pre.xml (EX-101.PRE) — 141KB
• form10-q_htm.xml (XML) — 256KB

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION

Financial Statements

Item 1. Financial Statements Condensed Consolidated Balance Sheets as of October 31, 2024 (unaudited) and April 30, 2024 4 Condensed Consolidated Statements of Operations for the three and six months ended October 31, 2024 and 2023 (unaudited) 5 Condensed Consolidated Statements of Stockholders' Deficit for the three and six months ended October 31, 2024 and 2023 (unaudited) 6 Condensed Consolidated Statements of Cash Flows for the six months ended October 31, 2024 and 2023 (unaudited) 7 Notes to the Condensed Consolidated Financial Statements (unaudited) 8

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

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 14

Quantitative and Qualitative Disclosures About Market Risk

Item 3. Quantitative and Qualitative Disclosures About Market Risk 21

Controls and Procedures

Item 4. Controls and Procedures 21

– OTHER INFORMATION

PART II – OTHER INFORMATION

Legal Proceedings

Item 1. Legal Proceedings 22

Risk Factors

Item 1A. Risk Factors 22

Unregistered Sales of Equity Securities and Use of Proceeds

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 22

Defaults Upon Senior Securities

Item 3. Defaults Upon Senior Securities 22

Mine Safety Disclosures

Item 4. Mine Safety Disclosures 22

Other Information

Item 5. Other Information 22

Exhibits

Item 6. Exhibits 22

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 October 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 2024 2024 October 31, April 30, 2024 2024 (unaudited) ASSETS Current assets Cash $ 1,719 $ 437 Total current assets 1,719 437 Total assets $ 1,719 $ 437 LIABILITIES AND STOCKHOLDERS' DEFICIT Current liabilities Accounts payable and accrued expenses $ 13,200 $ 14,685 Accounts payable – related party 91,154 86,354 Total current liabilities 104,354 101,039 Total liabilities 104,354 101,039 Commitments and contingencies — — Stockholders' deficit Preferred stock, $ 0.001 par value, 1,000,000 shares authorized; no shares issued and outstanding at October 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 October 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 ( 1,074,633 ) ( 1,072,600 ) Total stockholders' deficit ( 102,635 ) ( 100,602 ) Total liab

View Full Filing

View this 10-Q filing on SEC EDGAR