Global Innovative Platforms Q2 FY26 operating loss steady at $151,387; revenue at $106,500

GLOBAL INNOVATIVE PLATFORMS INC

GLOBAL INNOVATIVE PLATFORMS INC

GIPL

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  • Global Innovative Platforms posted a net loss of USD 151,387 for the quarter ended March 31, 2026, essentially unchanged from a net loss of USD 151,351 a year earlier.
  • Revenue totaled USD 106,500, swinging from no revenue in the prior-year quarter on licensing its technology.
  • Total expenses climbed to USD 257,887 from USD 151,351, as general and administrative costs rose to USD 203,187 from USD 91,046.
  • Cash and cash equivalents were USD 327,270 at March 31, 2026, with an accumulated deficit of USD 1,456,279.
  • Management said it expects to keep posting operating losses and plans to seek additional debt or equity financing, while noting substantial doubt about its ability to continue as a going concern.


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