Investment Thesis
GBT Technologies is technically insolvent with negative stockholders equity of -$9.6M against total liabilities of $10.7M and assets of only $7.1K. The company generates zero revenue, sustained operating losses of -$195.3K, and faces a severe liquidity crisis with current ratio of 0.00x and minimal cash of $813. Without immediate revenue generation and capital infusion, the company cannot service its $3.8M long-term debt or operating expenses.
Strengths
- Minimal positive operating cash flow of $688 suggests some residual activity
- Still filing with SEC indicating legal entity status is maintained
- Gross profit of $24.3K suggests potential non-operating income sources
Risks
- Zero revenue generation with no path to profitability
- Negative stockholders equity indicating technical insolvency
- Liabilities exceed assets by $10.69M creating unsustainable balance sheet
- Severe liquidity crisis with current ratio of 0.00x and only $813 cash
- Cannot service $3.8M long-term debt with negative operating income
- Sustained losses and negative free cash flow of -$3.5K
- No insider activity suggesting complete loss of management confidence
Key Metrics to Watch
- Revenue generation (must move from $0.00)
- Stockholders equity path to positive territory
- Operating cash burn rate and cash runway
- Debt restructuring or refinancing success
- Working capital improvement and liquidity position
Financial Metrics
Revenue
0.0
Net Income
-496.1K
EPS (Diluted)
$0.00
Free Cash Flow
-3.5K
Total Assets
7.1K
Cash
813.0
Profitability Ratios
Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
ROE
N/A
ROA
-6,997.8%
FCF Margin
N/A
Balance Sheet & Liquidity
Current Ratio
0.00x
Quick Ratio
0.00x
Debt/Equity
N/A
Debt/Assets
150,536.1%
Interest Coverage
-0.65x
Long-term Debt
3.8M
Disclaimer: This analysis is generated by AI based on publicly available SEC EDGAR filings.
It does not include stock price data and should not be considered financial advice.
All fundamental data is sourced from SEC public domain filings.
Always conduct your own research before making investment decisions.
Data Source: SEC EDGAR |
Analysis Date: 2026-04-10T21:09:21.576322 |
Data as of: 2025-12-31 |
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