Glidelogic Q1 FY26 revenue falls to no revenue; operating expenses rise 81.82% to $27,212
GLIDELOGIC CORP
GLIDELOGIC CORP GDLG | 0.00 |
- Glidelogic posted no revenue for the three months ended April 30, 2026, versus USD 77 a year earlier.
- Operating expenses climbed to USD 27,212 from USD 14,967, on higher professional fees, education and training, and R&D costs.
- Net cash used in operating activities widened to USD 42,804 from USD 36,612, while financing cash inflows rose to USD 42,880 from USD 34,554.
- Total assets increased to USD 18,469 from USD 5,196 at Jan. 31, 2026, while current liabilities rose to USD 171,593 from USD 131,108.
- Management said it is focused on enhancing revenue generation and expects to raise additional capital, including through equity sales.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Glidelogic Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001096906-26-000949), on June 15, 2026, and is solely responsible for the information contained therein.
