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10-Q
Global Industry Products, Corp.
Filed 2026-05-20Period ending 2026-03-31
Income Statement
| Line Item | 2026-03-31 | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $527K | — | -46.4% |
| Cost of Revenue | $352K | — | -52.5% |
| Gross Profit | $175K | — | -27.5% |
| SG&A Expense | $318K | — | -12.2% |
| Operating Income | -$142K | — | — |
| Interest Expense | $194 | — | -73.7% |
| Pre-tax Income | -$142K | — | -20.7% |
| Net Income | -$142K | — | -20.7% |
| EPS (Basic) | -$0.01 | — | -21.2% |
| EPS (Diluted) | -$0.01 | — | -21.2% |
Balance Sheet
| Line Item | 2026-03-31 | Q/Q | Y/Y |
|---|---|---|---|
| Cash & Equivalents | $150K | — | — |
| Accounts Receivable | $242K | -15.5% | — |
| Inventory | $674K | -1.2% | — |
| Current Assets | $1.1M | -5.6% | — |
| Total Assets | $2.2M | -6.2% | — |
| Current Liabilities | $487K | +16.5% | — |
| Long-term Debt | $145K | -0.5% | — |
| Total Liabilities | $1.1M | +0.1% | — |
| Stockholders' Equity | $1.0M | -12.0% | -35.9% |
Cash Flow
| Line Item | 2026-03-31 | Q/Q | Y/Y |
|---|---|---|---|
| Operating Cash Flow | $10 | — | +100.0% |
| Capital Expenditures | $4K | — | — |
| Investing Cash Flow | -$4K | — | +72.6% |
| Financing Cash Flow | -$7K | — | -1846.6% |
| Free Cash Flow | -$4K | — | — |