10-Q Filing

GLIDELOGIC CORP. CIK: 1848672 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001848672-22-000018`
Period End Date	20220731
Filing Date	20220916
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	glidelogic10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 40 Cash Flow Statement 34 Stockholders Equity 22

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
Shares Authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Shares Authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Shares Issued	`CommonStockSharesIssued`	2.66M	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.73K	USD	Point-in-time
Shares Issued	`CommonStockSharesIssued`	2.66M	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$34.71K	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.00	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.66K	USD	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	2.66M	shares	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	2.66M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$34.71K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$21.73K	USD	Point-in-time
Equipment, Website, net	`PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets`	$1.61K	USD	Point-in-time
Equipment, Website, net	`PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets`	$3.69K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$3.69K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$1.61K	USD	Point-in-time
Total Assets	`Assets`	$38.41K	USD	Point-in-time
Total Assets	`Assets`	$23.34K	USD	Point-in-time
Account Payable	`AccountsPayableCurrent`	$5.50K	USD	Point-in-time
Account Payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Loan	`LoansAndLeasesReceivableRelatedParties`	$6.01K	USD	Point-in-time
Loan	`LoansAndLeasesReceivableRelatedParties`	$6.01K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$6.01K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$11.51K	USD	Point-in-time
Total Liabilities	`Liabilities`	$11.51K	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 valuevalue $0.001; 75,000,000 shares authorized, 2,663,750 shares issued and outstanding as of July 31, 2022 and 2,663,750 as of January 31, 2022	`CommonStockValue`	$2.66K	USD	Point-in-time
Common stock, par valuevalue $0.001; 75,000,000 shares authorized, 2,663,750 shares issued and outstanding as of July 31, 2022 and 2,663,750 as of January 31, 2022	`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`	$-11.22K	USD	Point-in-time
Accumulated income/deficit	`RetainedEarningsAccumulatedDeficit`	$-1.65K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquityNoteSubscriptionsReceivable`	$17.33K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquityNoteSubscriptionsReceivable`	$26.90K	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$38.41K	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$23.34K	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$48.21K	USD	1 Quarter
REVENUES	`Revenues`	$4.50K	USD	1 Quarter
REVENUES	`Revenues`	$48.21K	USD	2 Qtrs
REVENUES	`Revenues`	$24.50K	USD	2 Qtrs
Cost of goods	`CostOfGoodsAndServicesSold`	-	USD	1 Quarter
Cost of goods	`CostOfGoodsAndServicesSold`	$37.13K	USD	1 Quarter
Cost of goods	`CostOfGoodsAndServicesSold`	$37.13K	USD	2 Qtrs
Cost of goods	`CostOfGoodsAndServicesSold`	-	USD	2 Qtrs
Gross Profit	`GrossProfit`	$11.07K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$4.50K	USD	1 Quarter
Gross Profit	`GrossProfit`	$11.07K	USD	1 Quarter
Gross Profit	`GrossProfit`	$24.50K	USD	2 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$17.01K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$3.49K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$9.78K	USD	2 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$20.64K	USD	2 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$3.49K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$17.01K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$20.64K	USD	2 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$9.78K	USD	2 Qtrs
NET LOSS/INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$-14.72K	USD	2 Qtrs
NET LOSS/INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$9.57K	USD	2 Qtrs
NET LOSS/INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$5.94K	USD	1 Quarter
NET LOSS/INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$-1.01K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$202.00	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$2.94K	USD	2 Qtrs
NET LOSS/INCOME	`IncomeLossFromContinuingOperations`	$5.94K	USD	1 Quarter
NET LOSS/INCOME	`IncomeLossFromContinuingOperations`	$-808.00	USD	1 Quarter
NET LOSS/INCOME	`IncomeLossFromContinuingOperations`	$-11.77K	USD	2 Qtrs
NET LOSS/INCOME	`IncomeLossFromContinuingOperations`	$9.57K	USD	2 Qtrs
NET INCOME PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasic`	-	USD	1 Quarter
NET INCOME PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasic`	-	USD	1 Quarter
NET INCOME PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasic`	-	USD	2 Qtrs
NET INCOME PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasic`	$0.01	USD	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasic`	2.66M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasic`	2.00M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasic`	2.66M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasic`	2.00M	shares	1 Quarter

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetInvestmentIncome`	$-11.77K	USD	2 Qtrs
Net loss	`NetInvestmentIncome`	$9.57K	USD	2 Qtrs
Depreciation Expense	`DepreciationExpenseOnReclassifiedAssets`	$445.00	USD	2 Qtrs
Depreciation Expense	`DepreciationExpenseOnReclassifiedAssets`	$2.08K	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	2 Qtrs
Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$990.00	USD	2 Qtrs
Deferred Tax Liability	`IncreaseDecreaseInIncomeTaxes`	$2.94K	USD	2 Qtrs
Deferred Tax Liability	`IncreaseDecreaseInIncomeTaxes`	-	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-3.00K	USD	2 Qtrs
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$5.50K	USD	2 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$12.98K	USD	2 Qtrs
CASH FLOWS FROM OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-19.15K	USD	2 Qtrs
Equipment	`EquipmentExpense`	-	USD	2 Qtrs
Equipment	`EquipmentExpense`	$6.60K	USD	2 Qtrs
CASH FLOWS FROM INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$6.60K	USD	2 Qtrs
CASH FLOWS FROM INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Loan From Director	`LoansAndLeasesReceivableRelatedPartiesPeriodIncreaseDecrease`	-	USD	2 Qtrs
Loan From Director	`LoansAndLeasesReceivableRelatedPartiesPeriodIncreaseDecrease`	$6.01K	USD	2 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$6.01K	USD	2 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$12.98K	USD	2 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-18.56K	USD	2 Qtrs
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$21.73K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$34.71K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$100.00	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$18.66K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$21.73K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$34.71K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$100.00	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$18.66K	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$1.09K	USD	Point-in-time
Beginning balance, value	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$12.06K	USD	Point-in-time
Beginning balance, value	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$12.86K	USD	Point-in-time
Balance, shares	`SharesOutstanding`	2.66M	shares	Point-in-time
Balance, shares	`SharesOutstanding`	2.00M	shares	Point-in-time
Balance, shares	`SharesOutstanding`	2.00M	shares	Point-in-time
Beginning balance, value	`StockholdersEquity`	$23.27K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$26.90K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$17.33K	USD	Point-in-time
Balance, shares	`SharesIssued`	2.66M	shares	Point-in-time
Balance, shares	`SharesIssued`	2.00M	shares	Point-in-time
Balance, shares	`SharesIssued`	2.66M	shares	Point-in-time
Net loss	`NetIncomeLoss`	$-5.94K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$10.97K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$11.77K	USD	2 Qtrs
Ending balance, value	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$1.09K	USD	Point-in-time
Ending balance, value	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$12.06K	USD	Point-in-time
Ending balance, value	`ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock`	$12.86K	USD	Point-in-time
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-9.57K	USD	2 Qtrs
Ending balance, value	`StockholdersEquity`	$23.27K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$26.90K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$17.33K	USD	Point-in-time

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