Goliath Film & Media Holdings
AI Executive Summary
AI-powered analysis of 10-Q filing content
Goliath Film and Media Holdings remains a shell-like entity with essentially no operations, generating zero revenue and a net loss of $22,392 for the quarter ended July 31, 2026. Cash on hand is a mere $1,228, total liabilities have grown to $199,048 (driven by related-party payables), and stockholders' deficit widened to $(197,820) from $(175,428), confirming ongoing insolvency and going concern risk. Disclosure controls were again deemed not effective, and the company continues to rely on related-party funding to survive.
Red Flags Detected (7)
Cash balance of only $1,228 against total liabilities of $199,048 indicates severe liquidity crisis
Stockholders' deficit increased to $(197,820) from $(175,428) quarter-over-quarter
Zero revenue generated for both current and prior-year quarters, indicating no active business operations
4 more red flags detected
Key Takeaways
Company remains a non-operating shell with no revenue-generating business
Financial position continues to deteriorate quarter-over-quarter
3 more takeaways
Filing Overview
What This Means
High Risk Filing: This company is showing signs of financial stress or significant operational challenges.
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.