Global Interactive Technologies Q1 net loss narrows to $496,993; revenue $96

• Global Interactive Technologies posted revenue of $96 for the quarter ended March 31, 2026, versus no revenue a year earlier.
• Net loss narrowed 12.3% to $496,993, lifting loss per share to $(0.14) from $(0.20) a year earlier.
• Operating expenses fell 11.9% to $496,447, due to lower amortization expense of intangible asset.
• Cash on hand totaled $360 at quarter-end; stockholders’ equity dropped 45.3% to $2.95 million.
• Management said Faning remained in early-stage commercialization, with monetization initiatives still in early stages as it prepares an upgraded Faning 2.0 launch.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global Interactive Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-029583), on June 22, 2026, and is solely responsible for the information contained therein.