10-Q/A Filing

GLIDELOGIC CORP. CIK: 1848672 Q3 2022

Filing Information

Form Type	10-Q/A
Accession Number	`0001848672-22-000003`
Period End Date	20211031
Filing Date	20220111
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	glidelogic10qamed_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 42 Income Statement 18 Cash Flow Statement 16 Stockholders Equity 16

Balance Sheet 42 line items

Line Item	Tag	Value	Unit	Period
CommonStockParOrStatedValuePerShare	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
CommonStockParOrStatedValuePerShare	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
CommonStockSharesAuthorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
CommonStockSharesAuthorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.00	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.73K	USD	Point-in-time
CommonStockSharesIssued	`CommonStockSharesIssued`	2.13M	shares	Point-in-time
Accounts Receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
CommonStockSharesOutstanding	`CommonStockSharesOutstanding`	2.13M	shares	Point-in-time
Accounts Receivable	`AccountsReceivableNetCurrent`	$990.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$20.73K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.09K	USD	Point-in-time
Equipment, Website, net	`PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets`	-	USD	Point-in-time
Equipment, Website, net	`PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets`	$4.92K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$4.92K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	-	USD	Point-in-time
Total Assets	`Assets`	$1.09K	USD	Point-in-time
Total Assets	`Assets`	$25.66K	USD	Point-in-time
Account Payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Account Payable	`AccountsPayableCurrent`	$2.50K	USD	Point-in-time
Loan	`LoansAndLeasesReceivableRelatedParties`	-	USD	Point-in-time
Loan	`LoansAndLeasesReceivableRelatedParties`	$6.01K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	-	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$8.51K	USD	Point-in-time
Deferred tax liability	`DeferredTaxAndOtherLiabilitiesNoncurrent`	$2.18K	USD	Point-in-time
Deferred tax liability	`DeferredTaxAndOtherLiabilitiesNoncurrent`	-	USD	Point-in-time
Total Other Liabilities	`DeferredTaxAndOtherLiabilitiesNoncurrent`	$2.18K	USD	Point-in-time
Total Other Liabilities	`DeferredTaxAndOtherLiabilitiesNoncurrent`	-	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.69K	USD	Point-in-time
Total Liabilities	`Liabilities`	-	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, 2,128,750 shares issued and outstanding as of October 31, 2021 and as of January 31, 2021	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock, par value $0.001; 75,000,000 shares authorized, 2,128,750 shares issued and outstanding as of October 31, 2021 and as of January 31, 2021	`CommonStockValue`	$2.13K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$5.02K	USD	Point-in-time
Accumulated income/deficit	`RetainedEarningsAccumulatedDeficit`	$-910.00	USD	Point-in-time
Accumulated income/deficit	`RetainedEarningsAccumulatedDeficit`	$7.82K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquityNoteSubscriptionsReceivable`	$14.97K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquityNoteSubscriptionsReceivable`	$1.09K	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$25.66K	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$1.09K	USD	Point-in-time

Income Statement 18 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	-	USD	1 Quarter
REVENUES	`Revenues`	$24.50K	USD	3 Qtrs
Gross Profit	`GrossProfit`	$24.50K	USD	3 Qtrs
Gross Profit	`GrossProfit`	-	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$13.59K	USD	3 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$3.81K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$13.59K	USD	3 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$3.81K	USD	1 Quarter
NET LOSS/INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$3.81K	USD	1 Quarter
NET LOSS/INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$-10.91K	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$2.18K	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$-762.00	USD	1 Quarter
NET LOSS/INCOME	`IncomeLossFromContinuingOperations`	$-8.73K	USD	3 Qtrs
NET LOSS/INCOME	`IncomeLossFromContinuingOperations`	$3.05K	USD	1 Quarter
NET INCOME PER SHARE: BASIC AND DILUTED	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	3 Qtrs
NET INCOME PER SHARE: BASIC AND DILUTED	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.00M	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.01M	shares	1 Quarter

Cash Flow Statement 16 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetInvestmentIncome`	$8.73K	USD	3 Qtrs
Depreciation Expense	`DepreciationExpenseOnReclassifiedAssets`	$1.68K	USD	3 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$990.00	USD	3 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$2.50K	USD	3 Qtrs
Deferred Tax Liability	`IncreaseDecreaseInIncomeTaxes`	$2.18K	USD	3 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$16.07K	USD	3 Qtrs
Equipment	`EquipmentExpense`	$6.60K	USD	3 Qtrs
CASH FLOWS FROM INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$6.60K	USD	3 Qtrs
Loan From Director	`LoansAndLeasesReceivableRelatedPartiesPeriodIncreaseDecrease`	$6.01K	USD	3 Qtrs
Capital Stock	`SaleOfStockNumberOfSharesIssuedInTransaction`	5,150.00	shares	3 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$11.16K	USD	3 Qtrs
NET CHANGE IN CASH	`CashPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$20.63K	USD	3 Qtrs
Cash, beginning of period	`Cash`	$100.00	USD	Point-in-time
Cash, end of period	`CashEquivalentsAtCarryingValue`	$20.73K	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance, July 31, 2021	`StockholdersEquity`	$14.97K	USD	Point-in-time
Balance, July 31, 2021	`StockholdersEquity`	$12.86K	USD	Point-in-time
Balance, value	`CommonStockValueOutstanding`	$2.00M	USD	Point-in-time
Balance, value	`CommonStockValueOutstanding`	$2.13M	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodSharesNewIssues`	5,150.00	shares	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodSharesNewIssues`	5,150.00	shares	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$128.75K	USD	1 Quarter
Net income for the nine months ended October 31, 2021	`NetIncomeLoss`	$-3.05K	USD	1 Quarter
Net income for the nine months ended October 31, 2021	`NetIncomeLoss`	$8.73K	USD	3 Qtrs
Balance, January 31, 2021	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.09K	USD	Point-in-time
Balance, shares	`CommonStockOtherSharesOutstanding`	2.00M	shares	Point-in-time
Issuance of common stock	`ProceedsFromIssuanceOrSaleOfEquity`	$128.75K	USD	3 Qtrs
Ending balance, value	`StockholdersEquity`	$14.97K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$12.86K	USD	Point-in-time
Ending balance, value	`CommonStockValueOutstanding`	$2.00M	USD	Point-in-time
Ending balance, value	`CommonStockValueOutstanding`	$2.13M	USD	Point-in-time

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