GZ6G Technologies Corp. (GZIC)
GZ6G Technologies Corp. operates globally, specializing in delivering advanced smart technology solutions for businesses. The company's comprehensive suite of services includes expert consulting for enterprise-level IT and wireless network infrastructure, as well as strategic planning for business technology foundations. They also provide essential IT networking hardware and robust cloud-based security software products. Expanding its offerings, GZ6G develops specialized software for data centers and the Internet of Things (IoT). Furthermore, they assist clients with digital marketing strategies, advertising campaigns, and sponsorship management services. Their extensive clientele spans various sectors, including federal government agencies, major sports stadiums, international airports, academic institutions, emerging smart cities, and the entertainment industry. The firm is headquartered in Las Vegas, Nevada.
Sector: Radiotelephone Communications
Industry: Shell Companies
GZ6G Technologies Corp.
OTC:GZICCommunication Services · Telecommunications Services
$0.0003
Mkt Cap$40K
Float65.66M
O/S133.96M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$1.4M
Total Assets$1.37M
Free Cash Flow-$632K
Debt & Equity
Debt 934%
Preferred 2%
Total Debt$8.91M
Total Equity-$7.98M
Preferred Stock$20K
Shares Outstanding
Short Interest
Split History2 splits · 1 reverse
- 1:200Reverse splitFeb 3, 2020200 shares → 1
- 10:1Forward splitJan 27, 20061 share → 10
Balance Sheet Details
Assets$1.37M
Liabilities$10.06M
Accounts Receivable$60K
Accounts Payable$566K
Inventory$0
PP&E (Net)$741K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2007 | FY 2006 | FY 2005 | FY 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2007-11-30 | 2006-11-30 | 2005-11-30 | 2004-11-30 |
| Revenue | $0 | $222K | $78K | $9K | $11K | $0 | $238K | $0 | $0 | $0 | $12K |
| YoY Growth | - | 184.5% | 777.7% | -20.7% | - | - | - | - | - | - | - |
| Cost of Revenue | $0 | $18K | $43K | $10K | $10K | $727 | $134K | $0 | $0 | $16K | $0 |
| Gross Profit | $0 | $204K | $35K | -$2K | $804 | -$727 | $104K | $0 | $0 | $0 | $12K |
| Gross Margin | - | 91.8% | 44.7% | -17.0% | 7.2% | - | 43.9% | - | - | - | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $1K | $0 | $83K | $78K | $17K | $460K |
| Selling, General, and Administrative | $1.02M | $3.53M | $1.39M | $531K | $656K | $128K | $225K | $1.05M | $618K | $239K | $254K |
| Other | $0 | $125K | $21K | $2K | $3K | $0 | $0 | -$32K | $4K | $78K | $21K |
| Total Operating Expenses | $1.02M | $3.66M | $1.41M | $533K | $659K | $130K | $225K | $1.1M | $699K | $334K | $735K |
| Operating Income (EBIT) | -$1.02M | -$3.45M | -$1.38M | -$535K | -$659K | -$130K | -$120K | -$1.13M | -$699K | -$334K | -$724K |
| Operating Margin | - | -1556.2% | -1766.7% | -6020.0% | -5881.8% | - | -50.6% | - | - | - | -6190.4% |
| Interest Expense | $370K | $7.09M | $8.05M | $4M | $0 | $5K | $0 | $1K | $22K | $0 | $19K |
| Interest Income | $0 | $0 | $0 | $0 | $141K | $0 | $0 | $8K | $5K | $0 | $642 |
| Other Income (Expense) | -$380K | -$3.47M | -$8.77M | -$4.39M | -$128K | $0 | $0 | $1.85M | -$1.41M | -$62K | -$18K |
| Income Before Tax (EBT) | -$1.4M | -$6.93M | -$10.14M | -$4.92M | -$787K | -$130K | -$120K | $719K | -$2.11M | -$396K | -$741K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$62K | -$642 |
| Net Income | -$1.4M | -$6.87M | -$10.03M | -$4.75M | -$620K | -$134K | -$120K | $719K | -$2.11M | -$334K | -$741K |
| Net Income Margin | - | -3095.8% | -12861.5% | -53448.9% | -5533.7% | - | -50.6% | - | - | - | -6344.1% |
| Supplementary Data | |||||||||||
| EPS | -0.01 | -0.19 | -0.49 | -0.84 | -0.13 | -0.03 | -0.03 | 0.00 | -0.01 | -0.00 | -0.00 |
| Diluted EPS | -0.01 | -0.19 | -0.49 | -0.84 | -0.13 | -0.03 | -0.03 | 0.00 | -0.01 | -0.00 | -0.00 |
| Weighted Average OS | 145.59M | 36.08M | 20.47M | 5.67M | 4.73M | 4.70M | 4.70M | 402.05M | 255.62M | 202.47M | 175.05M |
| EBITDA | -$1.03M | $313K | -$2.07M | -$926K | -$655K | -$130K | -$116K | $723K | $699K | -$318K | -$703K |
| EBITDA Margin | - | 141.1% | -2655.1% | -10419.7% | -5846.1% | - | -49.0% | - | - | - | -6014.2% |
Balance Sheet
| Period | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2007 | FY 2006 | FY 2005 | FY 2004 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2007-11-30 | 2006-11-30 | 2005-11-30 | 2004-11-30 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $507K | $760K | $181K | $30K | $27 | $17K | $1K | $960K | $192K | $14K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $507K | $760K | $181K | $30K | $27 | $17K | $1K | $960K | $192K | $14K |
| Accounts Receivable | $60K | $2K | $152K | $2K | $2K | $3K | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $16K | $16K | $6K | $13K | $0 | $0 | $4K | $28K | $0 | $0 |
| Total Current Assets | $632K | $796K | $349K | $67K | $34K | $57K | $5K | $988K | $192K | $14K |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $741K | $333K | $9K | $6K | $3K | $6K | $0 | $14K | $5K | $6K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $76K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $5K | $6K | $3K | $19K |
| Total Long-Term Assets | $741K | $333K | $9K | $6K | $3K | $6K | $5K | $20K | $8K | $101K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.37M | $1.13M | $358K | $72K | $37K | $63K | $10K | $1.01M | $200K | $115K |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $566K | $335K | $227K | $162K | $76K | $7K | $26K | $319K | $164K | $247K |
| Short-Term Debt | $8.29M | $6.19M | $1.27M | $261K | $5K | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $209K | $287K | $0 | $25K | $25K | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $172K | $0 | $0 | $1.16M | $717K | $506K | -$546K | $2.82M | $247K | $0 |
| Total Current Liabilities | $9.54M | $7.01M | $1.8M | $1.59M | $822K | $538K | $1K | $3.15M | $411K | $247K |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $44K | $44K | $89K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $526K | $44K | $89K | $0 | $0 | $0 | $572K | $319K | $411K | $247K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | -$572K | -$319K | -$411K | -$247K |
| Total Liabilities | $10.06M | $7.05M | $1.89M | $1.59M | $822K | $538K | $1.13M | $3.15M | $411K | $247K |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $20K | $20K | $20K | $20K | $20K | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $71K | $25K | $13K | $5K | $5K | $940K | $422K | $332K | $205K | $20K |
| Retained Earnings | -$22.96M | -$16.09M | -$6.06M | -$1.31M | -$653K | -$475K | -$2.47M | -$3.19M | -$1.08M | -$741K |
| Comprehensive Income & Other | -$22.96M | -$16.09M | -$6.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $14.92M | $10.8M | $5.2M | $294K | $171K | -$940K | $929K | $714K | $660K | $590K |
| Total Equity | -$7.98M | -$5.26M | -$847K | -$1.01M | -$478K | -$475K | -$1.12M | -$2.14M | -$211K | -$132K |
| Minority Interest | -$716K | -$660K | -$680K | -$505K | -$308K | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.09M | $1.79M | $1.04M | $578K | $345K | $63K | $10K | $1.01M | $200K | $115K |
| Supplementary Data | ||||||||||
| Total Debt | $8.91M | $6.33M | $1.36M | $261K | $5K | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $8.4M | $5.57M | $1.18M | $230K | $5K | -$17K | -$1K | -$960K | -$192K | -$14K |
Cash Flow Statement
| Period | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2007 | FY 2006 | FY 2005 | FY 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2007-11-30 | 2006-11-30 | 2005-11-30 | 2004-11-30 |
| Operating Activities | |||||||||||
| Net Income | -$1.4M | -$6.87M | -$10.14M | -$4.92M | -$620K | -$134K | -$120K | $719K | -$2.11M | -$334K | -$741K |
| Depreciation & Amortization | $0 | $145K | $21K | $2K | $3K | $727 | $4K | $3K | $4K | $16K | $21K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$110K | $0 | $0 | -$268.48B | $1.33M | $0 | $0 |
| Stock-Based Compensation | $0 | $65K | $0 | $0 | $110K | $0 | $0 | $268.48B | $61K | $0 | $0 |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | $0 | -$58K | $0 | $0 | $0 | $3K | -$3K | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16K | -$16K |
| Accounts Payable | $0 | $388K | $100K | $85K | $0 | $27K | $7K | $206.98B | -$89K | $0 | $0 |
| Other Working Capital | $388K | $170K | $84K | $516K | $217K | $100K | $129K | -$206.98B | -$23K | $164K | $384K |
| Total Working Capital Change | $388K | $500K | $184K | $600K | $217K | $130K | $133K | $280K | -$112K | $180K | $368K |
| Other Non-Cash Items | $380K | $3.65M | $8.57M | $4.35M | $144K | $4K | $0 | -$1.89M | $61K | $62K | $0 |
| Net Cash from Operating | -$632K | -$2.51M | -$1.37M | $24K | -$256K | -$50 | $16K | -$886K | -$763K | -$77K | -$353K |
| Investing Activities | |||||||||||
| Capital Expenditures | $0 | -$108K | -$252K | -$5K | -$6K | $0 | -$428 | $0 | -$11K | $0 | -$8K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $30K | $0 | $0 | $0 | $12 | $0 | -$31K | -$5K | $0 | -$93K |
| Net Cash from Investing | $0 | -$78K | -$252K | -$5K | -$6K | $12 | -$428 | -$31K | -$16K | $0 | -$101K |
| Financing Activities | |||||||||||
| Debt Repaid | - | -$1.69M | -$1.95M | -$81K | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $151K | $100K | $0 | $0 | $0 | $0 | $674K | $833K | $255K | $468K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$203K | $0 | $0 |
| Other Financing Activities | $0 | $504K | $150K | $50K | $292K | $0 | $0 | $0 | $203K | $0 | $0 |
| Net Cash from Financing | $300K | $2.34M | $2.2M | $131K | $292K | $66 | $0 | $674K | $833K | $255K | $468K |
| Forex Effect | -$176K | $0 | $0 | $0 | $0 | -$17K | -$173 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$507K | -$253K | $579K | $150K | $30K | -$17K | $16K | -$244K | $53K | $178K | $14K |
| Supplementary Data | |||||||||||
| Operating Cash Flow | -$632K | -$2.51M | -$1.37M | $24K | -$256K | -$50 | $16K | -$886K | -$763K | -$77K | -$353K |
| Capital Expenditure | -$4 | -$108K | -$252K | -$5K | -$6K | $0 | -$424 | $0 | -$11K | $0 | -$8K |
| Free Cash Flow | -$632K | -$2.62M | -$1.62M | $19K | -$262K | -$50 | $16K | -$886K | -$775K | -$77K | -$361K |
| Cash at Beginning | $507K | $760K | $181K | $30K | $0 | $17K | $1K | $245K | $192K | $14K | $0 |
| Cash at End | $0 | $507K | $760K | $181K | $30K | $27 | $17K | $1K | $245K | $192K | $14K |