10-Q Filing

GLIDELOGIC CORP. CIK: 1848672 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001829126-23-004208`
Period End Date	20230430
Filing Date	20230616
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	glidelogiccorp_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 20 Cash Flow Statement 26 Stockholders Equity 10

Balance Sheet 40 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.55K	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.90K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$14.55K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$5.90K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.66M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.66M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.66M	shares	Point-in-time
Equipment, Website, net	`MachineryAndEquipmentGross`	$3.65K	USD	Point-in-time
Equipment, Website, net	`MachineryAndEquipmentGross`	$3.75K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.66M	shares	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$3.75K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$3.65K	USD	Point-in-time
Total Assets	`Assets`	$18.30K	USD	Point-in-time
Total Assets	`Assets`	$9.55K	USD	Point-in-time
Account Payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Account Payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Loan	`LoansPayableCurrent`	$6.01K	USD	Point-in-time
Loan	`LoansPayableCurrent`	$6.01K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$6.01K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$6.01K	USD	Point-in-time
Total Liabilities	`Liabilities`	$6.01K	USD	Point-in-time
Total Liabilities	`Liabilities`	$6.01K	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.001; 75,000,000 shares authorized, 2,663,750 shares issued and outstanding as of April 30, 2023 and January 31, 2023	`CommonStockValue`	$2.66K	USD	Point-in-time
Common stock, par value $0.001; 75,000,000 shares authorized, 2,663,750 shares issued and outstanding as of April 30, 2023 and January 31, 2023	`CommonStockValue`	$2.66K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$25.89K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$25.89K	USD	Point-in-time
Accumulated income/deficit	`RetainedEarningsAccumulatedDeficit`	$-16.26K	USD	Point-in-time
Accumulated income/deficit	`RetainedEarningsAccumulatedDeficit`	$-25.01K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$3.54K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$23.27K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$12.29K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$26.90K	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$18.30K	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$9.55K	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	-	USD	1 Quarter
REVENUES	`Revenues`	-	USD	1 Quarter
Cost of goods	`CostOfGoodsAndServicesSold`	-	USD	1 Quarter
Cost of goods	`CostOfGoodsAndServicesSold`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$3.63K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$8.75K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$3.63K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$8.75K	USD	1 Quarter
NET LOSS/INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$-8.75K	USD	1 Quarter
NET LOSS/INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$-3.63K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS/INCOME	`NetIncomeLoss`	$-8.75K	USD	1 Quarter
NET LOSS/INCOME	`NetIncomeLoss`	$-3.63K	USD	1 Quarter
NET LOSS/INCOME PER SHARE: BASIC AND DILUTED	`NetLossincomePerShareBasicAndDiluted`	-	USD	1 Quarter
NET LOSS/INCOME PER SHARE: BASIC AND DILUTED	`NetLossincomePerShareBasicAndDiluted`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	2.66M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	2.66M	shares	1 Quarter

Cash Flow Statement 26 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-8.75K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.63K	USD	1 Quarter
Depreciation Expense	`Depreciation`	$105.00	USD	1 Quarter
Depreciation Expense	`Depreciation`	$1.23K	USD	1 Quarter
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Deferred Tax Liability	`IncreaseDecreaseInIncomeTaxes`	-	USD	1 Quarter
Deferred Tax Liability	`IncreaseDecreaseInIncomeTaxes`	-	USD	1 Quarter
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	-	USD	1 Quarter
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-5.50K	USD	1 Quarter
Cash Flows from Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.90K	USD	1 Quarter
Cash Flows from Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.64K	USD	1 Quarter
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-7.90K	USD	1 Quarter
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-8.64K	USD	1 Quarter
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.90K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$34.71K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.55K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.81K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.90K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$34.71K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.55K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.81K	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	1 Quarter
Interest paid	`InterestPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$3.54K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$23.27K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$12.29K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$26.90K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-8.75K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.63K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$3.54K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$23.27K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$12.29K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$26.90K	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.