Global Innovative Platforms Inc. Files 10-Q

TL;DR

GIP filed its Q3 2025 10-Q. Financials are in.

AI Summary

Global Innovative Platforms Inc. filed its 10-Q for the period ending June 30, 2025. The company, previously known as Canning Street Corp, is incorporated in Delaware and operates in the Surgical & Medical Instruments & Apparatus sector. Their fiscal year ends on September 30th, and their principal business address is in Maitland, Florida.

Why It Matters

This filing provides investors with an update on the company's financial performance and operational status for the third quarter of fiscal year 2025.

Risk Assessment

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

Key Numbers

• 20250630 — Reporting Period End Date (Indicates the end of the fiscal quarter being reported.)
• 20250820 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
• 0930 — Fiscal Year End (Defines the end of the company's annual financial reporting cycle.)

Key Players & Entities

• Global Innovative Platforms Inc. (company) — Filer
• Canning Street Corp (company) — Former company name
• 3841 (other) — Standard Industrial Classification Code
• DE (other) — State of Incorporation
• FL (other) — State of Business Address
• 321-230-3739 (other) — Business Phone Number

FAQ

Filing Documents

• e6796_10q.htm (10-Q) — 387KB
• e6796_ex10-3.htm (EX-10.3) — 116KB
• e6796_ex31-1.htm (EX-31.1) — 8KB
• e6796_ex32-1.htm (EX-32.1) — 5KB
• image_001.jpg (GRAPHIC) — 16KB
• 0001731122-25-001159.txt ( ) — 2410KB
• cstc-20250630.xsd (EX-101.SCH) — 19KB
• cstc-20250630_cal.xml (EX-101.CAL) — 25KB
• cstc-20250630_def.xml (EX-101.DEF) — 41KB
• cstc-20250630_lab.xml (EX-101.LAB) — 191KB
• cstc-20250630_pre.xml (EX-101.PRE) — 148KB
• e6796_10q_htm.xml (XML) — 179KB

- FINANCIAL INFORMATION

PART I - FINANCIAL INFORMATION Page Item 1.

Financial Statements

Financial Statements 2 Condensed Balance Sheets (Unaudited) as of June 30, 2025 and September 30, 2024 (Audited) 2 Condensed Statements of Operations (Unaudited) for the Nine Months and Three Months Ended June 30, 2025 and 2024 3 Condensed Statements of Stockholders' Deficit (Unaudited) for the Nine Months Ended June 30, 2025 and 2024 4 Condensed Statements of Cash Flows (Unaudited) for the Nine Months Ended June 30, 2025 and 2024 5 Notes to Condensed Financial Statements (Unaudited) 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 14 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 19 Item 4.

Controls and Procedures

Controls and Procedures 19

- OTHER INFORMATION

PART II - OTHER INFORMATION 20 Item 1.

Legal Proceedings

Legal Proceedings 20 Item 1A.

Risk Factors

Risk Factors 20 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 20 Item 3. Defaults Upon Senior Securities 20 Item 4. Mine Safety Disclosures 20 Item 5. Other Information 20 Item 6. Exhibits 22

SIGNATURES

SIGNATURES 23 1 PART I

FINANCIAL STATEMENTS

ITEM 1. FINANCIAL STATEMENTS GLOBAL INNOVATIVE PLATFORMS, INC. CONDENSED BALANCE SHEETS JUNE 30, SEPTEMBER 30, 2025 2024 (unaudited) (Audited) ASSETS Current Assets Cash and Cash Equivalents $ 198,137 $ 15 Deposits – Related Party 11,023 Total Current Assets 209,160 15 Total Assets $ 209,160 $ 15 LIABILITIES AND SHAREHOLDERS' DEFICIT Current Liabilities Accounts Payable $ 2,823 $ 753 Loan Payable – Related Party 25,000 32,400 Total Current Liabilities 27,823 33,153 Total Liabilities 27,823 33,153 Commitments and Contingencies (Note 8) — — Shareholders' Equity (Deficit) Preferred Stock, $ 0.0001 par value, 10,000,000 shares authorized, 0 issued or outstanding — — Common Stock, $ 0.0001 par value, 1,990,000,000 shares authorized, 42,181,241 and 33,745,491 issued and outstanding, at June 30, 2025 and September 30, 2024, respectively 4,218 3,374 Additional Paid in Capital 1,197,966 500,625 Stock Subscriptions — 75 Retained (Deficit) Earnings ( 1,020,847 ) ( 537,212 ) Total Shareholders' Equity (Deficit) 181,337 ( 33,138 ) Total Liabilities and Shareholders' Equity (Deficit) $ 209,160 $ 15 The accompanying notes are an integral part of these condensed financial statements 2 GLOBAL INNOVATIVE PLATFORMS, INC. CONDENSED STATEMENTS OF OPERATIONS ( UNAUDITED ) FOR THE THREE MONTHS ENDED JUNE 30, 2025 FOR THE THREE MONTHS ENDED JUNE 30, 2024 FOR THE NINE MONTHS ENDED JUNE 30, 2025 FOR THE NINE MONTHS ENDED JUNE 30, 2024 REVENUE $ — $ — $ — $ — EXPENSES General and administrative expenses 211,818 6,360 483,635 59,715 Total Expenses 211,818 6,360 483,635 59,715 OPERATING LOSS ( 211,818 ) ( 6,360 ) ( 483,635 ) ( 59,715 ) OTHER INCOME (EXPENSE) — — — — Total Other Income (Expense) — — — — INCOME (LOSS) BEFORE TAXES ( 211,818 ) ( 6,360 ) ( 483,635 ) ( 59,7

Legal Proceedings

Legal Proceedings We were not subject to any legal proceedings during the nine months ended June 30, 2025, and, to the best of our knowledge, no legal proceedings are pending or threatened. Contractual Obligations We are not party to any contractual obligations at this time other than our Patent and License Know-How Agreement with Defiant Technologies, Inc. entered into on August 18, 2024 . NOTE 7. SHAREHOLDERS' DEFICIT Preferred Stock As of June 30, 2025, we were authorized to issue 10,000,000 shares of preferred stock with a par value of $ 0.0001 . No shares of preferred stock were issued and outstanding during the nine m

View Full Filing

View this 10-Q filing on SEC EDGAR