GHST World Inc.
AI Executive Summary
AI-powered analysis of 10-Q filing content
GHST World Inc. is in severe financial distress with only $1,058 cash remaining, massive stockholders' deficit of $541K, and current liabilities exceeding assets by over 500x. Revenue declined 73% year-over-year while the company continues bleeding cash through operations, creating substantial going concern risks.
Red Flags Detected (6)
Critical liquidity crisis - only $1,058 cash remaining vs $542K current liabilities
Massive stockholders' deficit of $541,275 indicating technical insolvency
Revenue collapse of 73% from $50,604 to $13,852 year-over-year
3 more red flags detected
Key Takeaways
Company is technically insolvent with liabilities exceeding assets by over 500x
Business model appears fundamentally broken with 73% revenue decline
2 more takeaways
Filing Overview
What This Means
Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.
Quarterly Report: Interim filing with unaudited financial data for the quarter.