Sign in

GTLL on OTC

GLOBAL TECHNOLOGIES LTD

GLOBAL TECHNOLOGIES LTD is an American radio and tv broadcasting and communications equipment company.1 It is headquartered in Greensboro, North Carolina.1 Its shares trade on OTC under the symbol GTLL.1

Price unavailable

Last updated Oct 21, 2026.

Overview

$3.1MRevenue, fiscal 20252
-$342.7KNet income, fiscal 20252

Compare with Energous Corp, Vuzix or CareView Communications Inc, or pick any stock.

  • TickerGTLL on OTC1
  • IndustryRadio & Tv Broadcasting & Communications Equipment1
  • HeadquartersGreensboro, North Carolina1
  • Incorporated inDE3
  • Business address806 Green Valley Road, Suite 200, Greensboro, Nc 274083
  • Filer categoryNon-accelerated filer, Smaller reporting company3

See how the biggest companies compare on our leaderboards

State of Delaware to change the name of the corporation to Global Technologies, Ltd.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

33.3%Gross margin2
5.5%Operating margin2
-10.9%Net margin2
196.8%Revenue growth, 20252

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue67¢$2.1M
  • Selling, general and admin4¢$132.1K
  • Other costs29¢$913.6K

Out of $3.1M in revenue.2 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Kept or used elsewhere100¢$354.8K

Out of $354.8K of cash from operations.2

Financial statements

Revenue56782$3.1M in 2025+472% since 2020
0$1.0M$2.0M$3.0M$4.0M2020: $548.4K$548.4K20202021: $15.0K$15.0K2021−97%2022: $124.5K$124.5K2022+730%2023: $17.0K$17.0K2023−86%2024: $1.1M$1.1M2024+6122%2025: $3.1M$3.1M2025+197%
Gross profit56782$1.0M in 2025+119% since 2020
0$500.0K$1.0M$1.5M2020: $477.5K$477.5K20202021: $15.0K$15.0K2021−97%2022: $111.5K$111.5K2022+643%2023: $17.0K$17.0K2023−85%2024: $481.1K$481.1K2024+2730%2025: $1.0M$1.0M2025+117%
Operating income956782$171.5K in 2025
-$600.0K-$400.0K-$200.0K0$200.0K2019: -$207.6K-$207.6K20192020: -$232.2K-$232.2K2020+12%2021: -$351.8K-$351.8K2021+51%2022: -$499.3K-$499.3K2022+42%2023: -$523.2K-$523.2K2023+5%2024: -$212.0K-$212.0K2024−59%2025: $171.5K$171.5K2025
Net income956782-$342.7K in 2025−56% since 2019
-$6.0M-$4.0M-$2.0M0$2.0M2019: -$770.1K-$770.1K20192020: -$550.9K-$550.9K2020−28%2021: -$4.2M-$4.2M2021+668%2022: -$1.3M-$1.3M2022−70%2023: -$1.0M-$1.0M2023−19%2024: $265.4K$265.4K20242025: -$342.7K-$342.7K2025

Every line of the income statement as filed: the last 2 fiscal years, latest first.2

Period ending2025-06-302024-06-30
Revenue$3.1M$1.1M
Less shared revenue$2.1M$576.6K
Net revenue$1.0M$481.1K
Officer and director compensation, including stock-based compensation of $125,000 and $0, respectively$304.2K$100.0K
Salaries$25.0K
Consulting services$7.5K$34.8K
Depreciation expense$16.1K
Professional services, including stock-based fees of $0 and $302,500, respectively$405.4K$399.7K
Selling, general and administrative$132.1K$142.4K
Total operating expenses$874.2K$693.0K
Income (loss) from operations$171.5K-$212.0K
Gain (loss) on derivative liability (as restated for year ended June 30,2024 See Note N)-$282.0K$682.7K
Forgiveness of debt and accrued interest$196.8K
Gain on sale of assets$180.4K
Writeoff of property and equipment (net) (as restated for year ended June 30,2024 see Note N)-$199.3K-$126.6K
Writeoff of prepaid deposits (as restated for year ended June 30, 2024 See Note N)-$225.0K
Writeoff of intangible properties (as restated for year ended for June 30, 2024 see Note N)-$25.0K
Interest expense-$32.9K-$205.9K
Total other income (expense)-$514.1K$477.4K
Income (loss) before provision for income taxes-$342.7K$265.4K
Net income (loss)-$342.7K$265.4K
Basic income (loss) per common share$0.00$0.00
Diluted income (loss) per common share$0.00$0.00
Weighted average common shares outstanding - basic14.7B shares14.7B shares
Weighted average common shares outstanding - diluted14.7B shares14.7B shares
Stock-based compensation, officer and director$125.0K$0
Stock-based compensation, professional services$0$302.5K

Compare GLOBAL TECHNOLOGIES LTD with another company

What it owns

What GLOBAL TECHNOLOGIES LTD reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Computer equipment and software$125.0K8 Jun 30, 2024
Property and equipment, before depreciation$161.4K8 Jun 30, 2024$36.4K8 Jun 30, 2023+343.8%
Accumulated depreciation$34.8K8 Jun 30, 2024$18.6K8 Jun 30, 2023+86.7%
Property and equipment, net$126.6K8 Jun 30, 2024$17.8K8 Jun 30, 2023+613.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$68.1K2 Jun 30, 2025$115.7K2 Jun 30, 2024−41.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$7.7M8 Jun 30, 2024$473.3K6 Jun 30, 2021+1523.8%
Finite-lived intangibles, net$25.0K8 Jun 30, 2024

Properties, in its own words

Our principal executive office is located at 806 Green Valley Road, Suite 200, Greensboro, North Carolina 27408 and our telephone number is (973) 233-5151.

Item 2 of the 10-K filed Dec 30, 2025.4

Leadership

Who has led GLOBAL TECHNOLOGIES LTD, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Fredrick K. Cutcher Jr.2024
2025
Board members and other officers (1)

Former names

  • INTERACTIVE FLIGHT TECHNOLOGIES INCOct 18, 1996 to Jun 9, 19993

Timeline

  1. Jun 16, 20268-K Change of auditor13
  2. Jun 9, 20268-K Entered a material agreement; Unregistered sale of shares; Executive or director change14
  3. Mar 26, 20268-K Regulation FD disclosure15
  4. Dec 12, 20258-K Other events16
  5. Sep 8, 20258-K Change of auditor17
  6. Sep 4, 20258-K Entered a material agreement18
  7. Sep 3, 20258-K Entered a material agreement; Unregistered sale of shares; Bylaws or fiscal year changed19
  8. Aug 22, 20258-K Other events20
  9. Aug 19, 20258-K Change of auditor21
  10. Jul 3, 20258-K Ended a material agreement22
  11. Jun 4, 20258-K Regulation FD disclosure23
  12. May 30, 20258-K Other events24
  13. May 28, 2024New chief executive Fredrick K. Cutcher Jr. becomes CEO12

Filings

100 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 52 major events, 2 insider forms, 25 other. The latest 20:

  1. Sep 29, 2026NT 10-K EDGAR
  2. Jun 16, 20268-K EDGAR
  3. Jun 9, 20268-K EDGAR
  4. Jun 3, 202610-Q EDGAR
  5. May 15, 2026NT 10-Q EDGAR
  6. Mar 26, 20268-K EDGAR
  7. Mar 23, 202610-Q/A EDGAR
  8. Feb 20, 202610-Q EDGAR
  9. Feb 17, 2026NT 10-Q EDGAR
  10. Jan 20, 202610-Q EDGAR
  11. Jan 6, 2026NT 10-Q EDGAR
  12. Dec 30, 202510-K EDGAR
  13. Dec 12, 20258-K EDGAR
  14. Sep 29, 2025NT 10-K EDGAR
  15. Sep 8, 20258-K EDGAR
  16. Sep 4, 20258-K EDGAR
  17. Sep 3, 20258-K EDGAR
  18. Aug 22, 20258-K EDGAR
  19. Aug 19, 20258-K EDGAR
  20. Jul 3, 20258-K EDGAR

The 100 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

2 open-market trades by officers, directors and large owners since October 2021: 2 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 28, 2024Cutcher Fredrick K JrChief Executive OfficerBuy5,000,000Form 4
May 23, 2024Cutcher Fredrick K JrChief Executive OfficerBuy6,650,000Form 4

From Forms 4 filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
L & S Advisors Inc310,000$00.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How GLOBAL TECHNOLOGIES LTD is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGLOBAL TECHNOLOGIES LTD1
  • CIK0000932021
  • Employer ID (EIN)86-09704924
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsJune 301
  • Industry code (SIC)3663 Radio & Tv Broadcasting & Communications Equipment1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address806 Green Valley Road, Suite 200, Greensboro, NC 274081
  • Phone(973) 233-51511
  • Shares outstanding14,688,440,097 as of Jun 2, 202611
  • Public float$2.9M as of Dec 31, 20244
  • AuditorValley Stream, New York PCAOB ID 6631; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceMay 7, 19961
  • Filings262 in all: 8-K (77), 10-Q (18), 10QSB (16), NT 10-Q (13), 424B3 (8), NT 10-K (8), UPLOAD (8), 10-K (7)1
    All 48 form types

    SC 13G/A (7), CORRESP (6), 10KSB (5), 10QSB/A (5), DEF 14A (5), PRE 14A (5), S-3 (5), SC 13D (5), 8-K/A (4), DFAN14A (4), S-3/A (4), SC 13D/A (4), 10-12G/A (3), 3 (3), 4 (3), DEFA14A (3), PREC14A (3), SC 13E4/A (3), SC 13G (3), 10-Q/A (2), 10KSB/A (2), DEFC14A (2), PREM14C (2), PRRN14A (2), S-8 (2), 1-A (1), 10-12G (1), 10KSB40/A (1), 15-12G (1), 8-A12G (1), DEFM14A (1), DEFM14C (1), DEFR14A (1), DFRN14A (1), NT 10-Q/A (1), PRE 14C (1), PREM14A (1), PRER14A (1), QUALIF (1), SC 13E4 (1)

  • Latest filingsAnnual report (10-K) Dec 30, 2025
    Quarterly report (10-Q) Jun 3, 2026
    Proxy statement (DEF 14A) Apr 17, 2000
    Latest 8-K (8-K) Jun 16, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.0001 par value per shareGTLL

From the cover page of the 10-K filed Dec 30, 2025 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks GLOBAL TECHNOLOGIES LTD names in Item 1A of its 10-K filed Dec 30, 2025: 43 risks under these headings, as written.4

  • Risks Relating to Our Company
  • We have incurred significant losses and anticipate future losses.
  • Our existing financial resources are insufficient to meet our ongoing operating expenses.
  • Scarcity of, and competition for, business opportunities and combinations.
  • We may be negatively affected by adverse general economic conditions.
  • Our officers and directors may have conflicts of interest which may not be resolved favorably to us.
  • We may depend upon outside consultants/advisors; who may not be available on reasonable terms and as needed.
  • We may not be able to meet the filing and internal control reporting requirements imposed by the Securities and Exchange Commission, which may result in a decline in the price of our common shares and an inability to obtain future financing.
  • Reporting requirements under the Exchange Act and compliance with the Sarbanes-Oxley Act of 2002, including establishing and maintaining acceptable internal controls over financial reporting, are costly and may increase substantially.
  • We have material weakness in our controls and procedures.
  • General Business Risks
  • We are highly dependent on the services of key executives, the loss of whom could materially harm our business and our strategic direction. If we lose key management or significant personnel, cannot recruit qualified employees, directors, officers, or other personnel or experience increases in our compensation costs, our business may materially suffer.
The other 33 risks
  • We will need to raise additional capital to continue operations over the coming year.
  • We may be unable to manage growth, which may impact our potential profitability.
  • Our lack of adequate D&O insurance may also make it difficult for us to retain and attract talented and skilled directors and officers.
  • If we are unable to maintain effective internal control over our financial reporting, the reputational effects could materially adversely affect our business.
  • We expect to incur substantial expenses to meet our reporting obligations as a public company. In addition, failure to maintain adequate financial and management processes and controls could lead to errors in our financial reporting and could harm our ability to manage our expenses.
  • If the registration of our common stock is revoked in the future, our business opportunities will cease to exist.
  • Our ability to use our net operating loss carry-forwards and certain other tax attributes may be limited.
  • Geopolitical risks continue to pose potential challenges to the global economy and capital markets.
  • Cyber security risks and the failure to maintain the integrity of internal, partner, and consumer data could result in damages to our reputation, the disruption of operations and/or subject us to costs, fines or lawsuits.
  • A deterioration in the domestic and international economic environment, whether by way of current inflationary conditions or potential recessionary conditions, could adversely affect our operating results, cash flow and financial condition.
  • We may be unable to make attractive acquisitions or successfully integrate acquired businesses, assets or properties, and any ability to do so may disrupt our business and hinder our ability to grow, divert the attention of key personnel, disrupt our business and impair our financial results.
  • Risks Associated with the Start-Up Operations of Primecare Supply, LLC and GTLL Advisory Group, LLC
  • Risks Related to Primecare Supply, LLC and GTLL Advisory Group, LLC
  • Risks Related to Our Markets and Business Models
  • Competitive and Technological Risks
  • Financial, Economic, and Capital-Related Risks
  • Risks Related to Legal, Regulatory, and ESG Matters
  • Healthcare and pharmaceutical regulatory changes could affect operations.
  • Privacy, data security, and ethical use of technology remain critical business risks.
  • Expanding ESG expectations may increase compliance obligations.
  • Economic uncertainty or downturns, particularly as it impacts particular industries, could adversely affect our business, financial condition, and results of operations.
  • Risk to Our Common Stock
  • If we fail to remain current on our reporting requirements, we could be removed from the OTC Bulletin Board which would limit the ability of broker-dealers to sell our securities in the secondary market.
  • Restrictions on the Use of Rule 144 by Shell Companies or Former Shell Companies
  • We do not expect to pay dividends in the future; any return on investment may be limited to the value of our common stock.
  • Authorization of preferred stock.
  • The market price for our common stock may be particularly volatile given our status as a relatively unknown company, with a limited operating history and lack of profits which could lead to wide fluctuations in our share price. You may be unable to sell your common stock at or above your purchase price, which may result in substantial losses to you.
  • Existing stockholders will experience significant dilution from our sale of shares under potential Securities Purchase Agreements.
  • The Company May Issue Shares of Preferred Stock with Greater Rights than Common Stock.
  • Being a Public Company Significantly Increases the Company’s Administrative Costs.
  • Our shares are subject to the U.S. “Penny Stock” Rules and investors who purchase our shares may have difficulty re-selling their shares as the liquidity of the market for our shares may be adversely affected by the impact of the “Penny Stock” Rules.
  • Because we can issue additional shares of Class A Common Stock, purchasers of our common stock may incur immediate dilution and experience further dilution.
  • A reverse stock split may decrease the liquidity of the shares of our common stock.
  • Following a reverse stock split, the resulting market price of our common stock may not attract new investors, including institutional investors, and may not satisfy the investing requirements of those investors. Consequently, the trading liquidity of our common stock may not improve.
  • You may be diluted by conversions of the Company’s convertible notes.
  • Issuances of shares of common stock or securities convertible into or exercisable for shares of common stock following this offering, will dilute your ownership interests and may adversely affect the future market price of our common stock.
  • The Company’s shares of common stock are quoted on the OTC Pink Sheet market, which limits the liquidity and price of the Company’s common stock.
  • FINRA sales practice requirements may limit a stockholder’s ability to buy and sell our stock.
  • We are classified as a “smaller reporting company” and we cannot be certain if the reduced disclosure requirements applicable to smaller reporting companies will make our common stock less attractive to investors.
  • Cautionary Note

Legal proceedings

From time to time, we may be a defendant and plaintiff in various legal proceedings arising in the normal course of our business. We are currently not a party to any material pending legal proceedings or government actions, including any bankruptcy, receivership, or similar proceedings. In addition, management is not aware of any known litigation or liabilities involving the operators of our properties that could affect our operations. Should any liabilities be incurred in the future, they will be accrued based on management’s best estimate of the potential loss. As such, there is no adverse effect on our consolidated financial position, results of operations or cash flow at this time. Furthermore, Management of the Company does not believe that there are any proceedings to which any director, officer, or affiliate of the Company, any owner of record of the beneficially or more than five percent of the common stock of the Company, or any associate of any such director, officer, affiliate of the Company, or security holder is a party adverse to the Company or has a material interest adverse to the Company.

The opening of Item 3, Legal Proceedings.4

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
    SEC EDGAROther events
  17. 17
  18. 18
  19. 19
  20. 20
    SEC EDGAROther events
  21. 21
  22. 22
  23. 23
  24. 24
    SEC EDGAROther events