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Glidelogic Corp.

CIK: 18486722 Annual ReportsLatest: 2025-04-25

10-K / April 25, 2025

Revenue:$33,563
Income:-$27,436

10-K / May 14, 2024

Revenue:$30,000
Income:-$22,124

10-K / April 25, 2025

Company Summary: GlideLogic Corp.

Business Overview

  • Type: Diversified software development and consulting firm
  • Focus Areas:
    • Artificial Intelligence (AI): Developing large-scale models based on open-source large language models (LLMs) and agentic AI for entertainment marketing, e-commerce, and social media domains (virtual digital personas). Leveraging extensive data from Hollywood entertainment marketing roots.
    • Financial Technologies (FinTech): Creating a comprehensive payment settlement solution, particularly for Brazil’s 'pix' protocol; developing white-label payment solutions for Brazilian payment service providers; working with UnionPay and Alipay to facilitate cross-border e-commerce payments from the US to China.
    • Blockchain: Holding patents related to customized NFTs; planning product development in Web3, decentralized internet solutions; providing compliance and framework consulting for Real World Assets (RWA) in Hong Kong, Dubai, and US securities markets; entering proprietary cryptocurrency trading activities.

Revenue

  • Main Revenue Streams:
    • AI Solutions & Entertainment Marketing: Income from TikTok partnerships, including sales from TikTok shop, livestream commissions, tips, and ad placement consulting.
    • FinTech: Consulting services for payment providers, custom software development, white-label solutions, and algorithmic trading operations.
    • Blockchain: Development and consulting services for Web3 projects; licensing of patents for NFTs; services for RWA tokenization.
  • 2025 Revenue: $33,563
  • 2024 Revenue: $30,000
  • Note: Revenue is diversified across three key sectors with earnings mainly from partnerships, consulting, and licensing.

Customers & Employees

  • Number of Customers: Not explicitly specified; revenue mainly derived from TikTok-related advertising, livestreaming, and cross-border e-commerce clients, and blockchain/Web3 projects.
  • Employees: Only 2 employees:
    • Mr. Dapeng Ma (President & Board Chairman)
    • Mr. Yitian Xue (CEO & CFO)
  • Additional Staff: No current hiring plans; operations mainly managed by these two individuals.

Income & Financials

  • Net Loss:
    • 2025: $27,436
    • 2024: $22,124
  • Assets (2025): $5,020 (including $2,107 in cash)
  • Liabilities (2025): $37,534 (including $5,000 owed to parent company)
  • Shareholders’ Equity (2025): - $32,514
  • Operational Status: Not profitable; has a "going concern" warning due to insufficient funding and lack of stable revenue source.
  • Funding: Currently reliant on loans from controlling shareholders and related entities; plans to raise approximately $50,000 for ongoing operations.

Market & Listing

  • Stock:
    • Trading Symbol: GDLG (OTC Pink)
    • Shares Outstanding: 66,599,350 (as of April 25, 2025)
    • Market Cap (as of July 31, 2024): approximately $4.15 million
  • Uplisting: Submitted application for OTCQB registration (expected to improve liquidity).

Additional Notes

  • Operations: Focused on developing AI-driven entertainment marketing solutions, fintech payment systems, and blockchain/Web3 products.
  • Partnerships: Collaborates with TikTok (affiliate, shop, creator network), key industry players like UnionPay and Alipay, and holds patents in NFT technology.
  • Regulatory & Risks: No material legal proceedings; subject to evolving government regulation in blockchain and Web3 markets.
  • Employees & Management: Two key figures serve as officers and directors; no other employees or significant staff.

This detailed summary captures the company's operations, product focus, revenue sources, financial condition, and key strategic relationships based solely on provided data.