GMER — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-07

• Operating expenses for the six months ended June 30, 2026 and 2025 were $105,621 and $132,280, respectively, which reflects a decrease of $26,659 or 25.24%. The decrease in expenses was attributable to a change in general administrative fees and professional fees.

• During the six months ended June 30, 2026 and 2025, the Company recorded a net loss of $108,056 and $134,282, respectively, which reflects a decrease of $26,226 or 24.27%. The decrease in net loss was attributed to a decrease in operating expenses.

• As of June 30, 2026 and December 31, 2025, the Company’s cash balance consisted of $25,042 and $13,477, respectively. The increase in the cash balance was attributed to the increase in cash provided by operating activities and decrease in expenses paid for day to day activities. As of June 30, 2026 …

• As of June 30, 2026 and December 31, 2025, the Company had total liabilities of $1,270,242 and $1,198,806, respectively. The increase in liabilities was attributable to the decline in cash expended for day to day activity resulting in an increase to total liabilities.

• As of June 30, 2026 and December 31, 2025, the Company has a working capital of ($1,215,747) and ($1,107,691), respectively. The decrease in working capital is due to a decline in total assets as well as cash expended for day to day activity resulting in an increase in accounts payable.

Text removed vs the prior filing · source: 10-Q · 2026-05-15

• As of March 31, 2026 and December 31, 2025, the Company’s cash balance consisted of $24,802 and $13,477, respectively. The increase in the cash balance was attributed to the increase in cash provided by operating activities and decrease in expenses paid for day to day activities. As of March 31, 202…

• As of March 31, 2026 and December 31, 2025, the Company had total liabilities of $1,249,056 and $1,198,806, respectively. The increase in liabilities was attributable to the decline in cash expended for day to day activity resulting in an increase to total liabilities.

• As of March 31, 2026 and December 31, 2025, the Company has a working capital of ($1,170,708) and ($1,107,691), respectively. The increase in working capital is due to a decline in total assets as well as cash expended for day to day activity resulting in an increase in accounts payable.

• During the three months ended March 31, 2026 and 2025, the Company provided $11,325 and used $12,340 of cash for operating activities, respectively, which reflects an increase of $23,665 or 191.77%. The increase in cash for operating activities was attributed to the company’s decrease in prepaid exp…

Text added vs the prior filing · source: 10-Q · 2026-08-07

• Based on the evaluation of our disclosure controls and procedures (as defined in Rule 13a-15e under the Securities Exchange Act of 1934 the “Exchange Act”), our principal executive officer and principal financial officer have concluded that as of the end of the three-month period ended June 30, 2026…

• Based on the evaluation of our disclosure controls and procedures (as defined in Rule 13a-15e under the Securities Exchange Act of 1934 the “Exchange Act”), our principal executive officer and principal financial officer have concluded that as of the end of the six-month period ended June 30, 2026 c…

• Except as noted above, there have been no changes in our internal control over financial reporting identified in connection with the evaluation required by paragraph (d) of Exchange Act Rules 13a-15 or 15d-15 that occurred during our six-month period ended June 30, 2026 that have materially affected…

Text removed vs the prior filing · source: 10-Q · 2026-05-15

• Item 2 Unregistered Sales of Equity Securities and Use of Proceeds 7

• This Quarterly Report on Form 10-Q contains “forward-looking statements,” within the meaning of the Private Securities Litigation Reform Act of 1995, all of which are subject to risks and uncertainties. Forward-looking statements can be identified by the use of words such as “expects,” “plans,” “wil…

• These risks and uncertainties, many of which are beyond our control, include, and are not limited to:

• ● our future financing capabilities and anticipated need for working capital;

• ● acquisitions of other companies or assets that we might undertake in the future; and