| Line Item | 2026-04-30 | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $0 | — | -100.0% |
| Gross Profit | $0 | — | -100.0% |
| SG&A Expense | $27K | — | +81.8% |
| Operating Income | -$27K | — | -82.8% |
| Income Tax | $0 | — | — |
| Net Income | -$27K | — | -82.8% |
| Line Item | 2026-04-30 | Q/Q | Y/Y |
|---|---|---|---|
| Cash & Equivalents | $144 | +111.8% | +193.9% |
| Current Assets | $16K | +494.9% | +20.0% |
| Total Assets | $18K | +255.4% | +14.0% |
| Current Liabilities | $172K | +30.9% | +169.8% |
| Total Liabilities | $172K | +30.9% | +169.8% |
| Stockholders' Equity |
| Line Item | 2026-04-30 | Q/Q | Y/Y |
|---|---|---|---|
| Operating Cash Flow | -$43K | — | -16.9% |
| Investing Cash Flow | $0 | — | — |
| Financing Cash Flow | $43K | — | +24.1% |
Business Overview
Glidelogic Corp. is an artificial intelligence technology company focused on AI-driven creative content production and related software development and consulting services. The company generated zero revenue during the three months ended April 30, 2026, compared to $77 in the prior year period, and continues to incur operating losses as it develops its AI technology platform. The company is currently dependent on related party loans and investor capital to fund its ongoing AI development expenditures and general corporate operating costs.
Segment Performance
The company operates as a single reportable segment. For the three months ended April 30, 2026, the company generated zero revenues compared to $77 in the prior year period (three months ended April 30, 2025). Operating expenses increased to $27,212 compared to $14,967 in the prior year period, representing an 82% increase. The net loss for the three months ended April 30, 2026 was $27,212 compared to a net loss of $14,890 in the prior year period.
Forward Guidance
Management states that "the Company intends to position itself so that it will be able to raise additional funds through the capital markets" and anticipates the company "will be dependent, for the near future, on additional investment capital to fund operating expenses." However, management notes "Considering management's efforts, there are no assurances that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern."
Key Risk Factors
The company faces substantial doubt regarding its ability to continue as a going concern, with negative working capital of approximately $155.5 million as of April 30, 2026, and no established revenue sources to cover operating costs. The company is heavily dependent on additional investment capital from related parties to fund operations, with $166.0 million in related party notes payable as of April 30, 2026. The company's success is contingent on its ability to develop commercially viable AI products and establish customer relationships, with no assurance that it will achieve financial viability or successfully raise additional capital through the capital markets.
| -$153K |
| -21.6% |
| -223.0% |