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GITS • CIK 0001911545
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | — | — | $1.932 | $2.125 |
| Cost of Revenue | $68.592 | — | — | $68.592 |
| Gross Profit | $725.574 | — | $1.932 | $2.125 |
| Operating Costs and Expenses | $11,253.419 | $888.363 | $2,440.752 | $2,412.824 |
| Operating Income (Loss) | $-10,527.845 | $-888.363 | $-2,438.82 | $-2,410.699 |
| InterestExpenseNonoperating | — | — | $0.349 | $0.349 |
| Other Nonoperating Expense | — | $0.073 | $0.792 | $0.792 |
| Other Operating Income (Expense), Net | — | — | $-2,194.073 | $-2,194.073 |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $-8,191.983 | $-4,783.651 | $-4,632.893 | $-4,793.586 |
| Income Tax Expense (Benefit) | — | — | $0 | $0 |
| Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax | $-1,215.652 | $-1,388.318 | $-1,388.318 | $-1,388.318 |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $-9,407.635 | $-6,171.969 | $-4,632.893 | $-4,632.893 |
| Weighted Average Number of Shares Outstanding, Basic | 60,949,822 | 2,640,429 | 3,220,583 | 3,882,220 |
| Impairment of Intangible Assets (Excluding Goodwill) | — | $94.264 | $1,019.611 | $1,019.611 |
| Gain (Loss) on Disposition of Stock in Subsidiary | $3,390.323 | $12,400.373 | $12,400.373 | $12,400.373 |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | $-23.937 | $-23.937 |
| Interest Income (Expense), Net | $61.2 | $-1.181 | $-7.017 | $-7.017 |
| Foreign Currency Transaction Gain (Loss), before Tax | $129.908 | $3.617 | $1.924 | $-1.93 |
| Gain (Loss) on Extinguishment of Debt | $232.207 | — | $-1,168.228 | $-1,168.228 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Assets | $20,544.956 | $6,404.423 | $4,376.094 | $4,938.986 |
| Liabilities | $7,476.491 | $668.339 | $933.389 | $1,162.864 |
| Cash and Cash Equivalents, at Carrying Value | $5,427.83 | $3.76 | $6.99 | $1,162.141 |
| Financing Receivable, after Allowance for Credit Loss, Current | $3,789.9 | $0.338 | $0.338 | $0.366 |
| Accounts Receivable, after Allowance for Credit Loss, Current | $324.413 | — | $0.046 | $0.018 |
| Nontrade Receivables, Current | $171.892 | $0.297 | $8.525 | $7.915 |
| Prepaid Expense and Other Assets, Current | $7,903.035 | $0.748 | $26.715 | $24.804 |
| Assets, Current | $17,617.07 | $2.987 | $42.276 | $1,194.878 |
| Property, Plant and Equipment, Net | $629.185 | $2.656 | $1.494 | $1.168 |
| Intangible Assets, Net (Excluding Goodwill) | — | $4,940 | $3,029.061 | $2,650.429 |
| Operating Lease, Right-of-Use Asset | $1,918.966 | $1,458.78 | $1,264.546 | $1,067.348 |
| Prepaid Expense, Noncurrent | — | — | $38.717 | $38.717 |
| Short-term Debt | $30.613 | — | — | $15.438 |
| Accrued Liabilities and Other Liabilities | — | — | $61.1 | $322.146 |
| Common Stock, Value, Issued | $52.809 | $52.809 | $3.674 | $3.674 |
| Additional Paid in Capital, Common Stock | $51,415.476 | $44,251.046 | $46,484.973 | $48,293.88 |
| Retained Earnings (Accumulated Deficit) | $-38,893.762 | $-37,901.301 | $-42,534.194 | $-43,939.617 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $493.942 | $-666.47 | $-511.748 | $-581.815 |
| Stockholders' Equity Attributable to Parent | $13,068.465 | $5,736.084 | $3,442.705 | $3,776.122 |
| Capital Units, Authorized | 110,000,000 | 110,000,000 | 110,000,000 | 110,000,000 |
| Common Stock, Shares Authorized | 100,000,000 | 100,000,000 | 100,000,000 | 100,000,000 |
| Preferred Stock, Shares Authorized | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |
| Common Stock, Shares, Issued | 52,808,589 | 2,640,429 | 3,674,208 | 3,674,208 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Net Cash Provided by (Used in) Continuing Operations | $6,190.538 | $65.887 | $6.147 | $6.147 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | $5,427.83 | $2.352 | $2.352 | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Disposal Group, Including Discontinued Operations | $0.696 | $1.408 | $5,358.142 | $5,355.209 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $5,427.83 | $3.76 | $2.352 | $-7.391 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect | $5,156.874 | $-6,080.317 | $6.147 | $1,122.171 |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $151.998 | $656.247 | $-1.509 | $29.087 |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $-8,191.983 | $-4,783.651 | $-4,632.893 | $-4,793.586 |
| Net Cash Provided by (Used in) Operating Activities, Continuing Operations | $-14,717.919 | $-456.413 | $-751.197 | $-751.197 |
| Proceeds from Collection of Notes Receivable | — | $84.154 | $84.154 | $84.154 |
| Proceeds from Sale of Property, Plant, and Equipment | — | $84.097 | $84.097 | $84.097 |
| Net Cash Provided by (Used in) Investing Activities, Continuing Operations | $-3,975.27 | $154.148 | $154.148 | $154.148 |
| Proceeds from Short-term Debt | $2,301.134 | $10.264 | — | $-33.246 |
| Proceeds from Warrant Exercises | $5,717.827 | $420 | $178.044 | $178.044 |
| Repayments of Short-term Debt | $750.663 | $2.933 | — | $2.933 |
| Net Cash Provided by (Used in) Financing Activities, Continuing Operations | $24,883.727 | $368.152 | $757.344 | $757.344 |
| Cash Provided by (Used in) Operating Activities, Discontinued Operations | $-976.264 | $-1,222.364 | $-1,222.364 | $-1,222.364 |
| Cash Provided by (Used in) Investing Activities, Discontinued Operations | $-20.356 | $-5,235.253 | $-5,235.253 | $-5,235.253 |
| Cash Provided by (Used in) Financing Activities, Discontinued Operations | $-37.044 | $311.413 | $311.413 | $311.413 |
| Net Cash Provided by (Used in) Discontinued Operations | $-1,033.664 | $-6,146.204 | $-6,146.204 | $-6,146.204 |
| Interest Paid, Discontinued Operations | $0.004 | $0.063 | $0.063 | $0.063 |
| Depreciation | $381.917 | $6.352 | $1.238 | $0.952 |
| Amortization | — | — | $1,021.192 | $1,021.192 |
| Operating Lease, Right-of-Use Asset, Amortization Expense | — | $23 | $231.967 | $227.721 |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | $12,400.373 | $12,400.373 |
| Accounts Receivable, Credit Loss Expense (Reversal) | $1,189.511 | $16,179.823 | $0.349 | $0.349 |
| Gain (Loss) on Extinguishment of Debt | $232.207 | — | $-1,168.228 | $-1,168.228 |
| Impairment of Intangible Assets (Excluding Goodwill) | — | $94.264 | $1,019.611 | $1,019.611 |
| Increase (Decrease) in Accounts Receivable | $0.193 | — | $0.046 | $-0.01 |
| Increase (Decrease) in Other Receivables | $-935.545 | $-2.17 | $8.228 | $-5.867 |
| Increase (Decrease) in Prepaid Expense and Other Assets | $8,300.91 | $0.357 | $26.715 | $29.842 |
| Increase (Decrease) in Other Operating Assets | $-77.968 | $-414.61 | $38.717 | $38.717 |
| Increase (Decrease) in Accounts Payable | $2,318.394 | — | $459.096 | $459.096 |
| Increase (Decrease) in Other Accounts Payable and Accrued Liabilities | — | — | $53.721 | $313.407 |