Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q/A

☒ Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the quarterly period ended July 31, 2023

☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the transition period from __________ to __________

Registration No. 333-254750

GLIDELOGIC CORP.

(Exact name of registrant as specified in its charter)

Nevada	98-1575837	7371
State or Other Jurisdiction of	IRS Employer	Primary Standard Industrial
Incorporation or Organization	Identification Number	Classification Code Number

11264 Playa Court

Culver City, CA 90230

Tel. (310) 397-2300

Email: info@glidelogic.ai

(Address and telephone number of principal executive offices)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Yes ☐ No ☒

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act:

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☒	Smaller reporting company	☒
		Emerging growth company	☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes ☐ No ☒

State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: 66,593,750 common shares issued and outstanding as of September 11, 2023.

Explanatory Note:

This Amendment No. 1 to the Registrant’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on September 19, 2023, is for the purpose of adding the financial statement XBRL files to that filing. Otherwise, the original filing remains the same.

GLIDELOGIC CORP.

QUARTERLY REPORT ON FORM 10-Q

TABLE OF CONTENTS

		Page
PART I	FINANCIAL INFORMATION:

Item 1.	Financial Statements (Unaudited)	1

	Balance Sheets as of July 31, 2023 (Unaudited) and January 31, 2023	2

	Statements of Operations for the six months ended July 31, 2023 and 2022 (Unaudited)	3

	Statements of Changes in Stockholders’ Equity for the six months ended July 31, 2023 and 2022 (Unaudited)	4

	Statements of Cash Flows for the six months ended July 31, 2023 and 2022 (Unaudited)	5

	Notes to the Unaudited Financial Statements	6

Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	12

Item 3.	Quantitative and Qualitative Disclosures About Market Risk	15

Item 4.	Controls and Procedures	15

PART II	OTHER INFORMATION:

Item 1.	Legal Proceedings	16

Item 1A	Risk Factors	16

Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	16

Item 3.	Defaults Upon Senior Securities	16

Item 4.	Submission of Matters to a Vote of Securities Holders	16

Item 5.	Other Information	16

Item 6.	Exhibits	17

	Signatures	17

PART 1 – FINANCIAL INFORMATION

Item 1. Financial Statements

The accompanying interim financial statements of Glidelogic Corp. (“the Company”, “we”, “us” or “our”), have been prepared without audit pursuant to the rules and regulations of the Securities and Exchange Commission.

The interim financial statements are condensed and should be read in conjunction with the company’s latest annual financial statements.

In the opinion of management, the financial statements contain all material adjustments, consisting only of normal adjustments considered necessary to present fairly the financial condition, results of operations, and cash flows of the Company for the interim periods presented.

GLIDELOGIC CORP.

BALANCE SHEETS

As of July 31, 2023 (Unaudited) and January 31, 2023 (Audited)


		July 31, 2023 (Unaudited)		January 31, 2023 (Audited)
ASSETS
Current Assets
Cash and Cash Equivalents	$	1,761	$	14,547
Total Current Assets		1,761		14,547

Accounts Receivable
Accounts Receivable from Related Party		10,094		-
Total Accounts Receivable		10,094		-

Fixed Assets
Equipment, net		3,543		3,753
Total Fixed Assets		3,543		3,753

Total Assets	$	15,398	$	18,300

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current Liabilities
Account Payable		-		-
Loan	$	-	$	6,010
Total Current Liabilities		-		6,010

Total Liabilities		-		6,010

Commitments and Contingencies		-		-

Stockholders’ Equity
Common stock, par value $0.001; 75,000,000 shares authorized, 66,593,750 shares issued and outstanding as of July 31, 2023 and January 31, 2023		66,594		66,594
Retained Earnings		(51,196)		(54,304)

Total Stockholders’ Equity		15,398		12,290

Total Liabilities and Stockholders’ Equity	$	15,398	$	18,300

See accompanying notes, which are an integral part of these financial statements

GLIDELOGIC CORP.

STATEMENTS OF OPERATIONS

For the three and six months ended July 31, 2023 and 2022 (Unaudited)

		For the three months ended July 31, 2023		For the three months ended July 31, 2022		For the six months ended July 31, 2023		For the six months ended July 31, 2022
REVENUES	$	30,000	$	48,208	$	30,000	$	48,208
Cost of goods		-		37,134		-		37,134
Gross Profit		30,000		11,074		30,000		11,074

OPERATING EXPENSES

General and Administrative Expenses		(24,152)		(17,012)		(32,902)		(20,642)
TOTAL OPERATING EXPENSES		(24,152)		(17,012)		(32,902)		(20,642)

NET INCOME/(LOSS) FROM OPERATIONS		5,848		(5,938)		(2,902)		(9,568)

OTHER INCOME		6,010		-		6,010		-
PROVISION FOR INCOME TAXES		-		-		-		-

NET LOSS/INCOME	$	11,858	$	(5,938)	$	3,108	$	(9,568)

NET INCOME PER SHARE: BASIC AND DILUTED	$	0.00	$	(0.00)	$	0.00	$	(0.00)

WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED		66,593,750		66,593,750		66,593,750		66,593,750

See accompanying notes, which are an integral part of these financial statements

GLIDELOGIC CORP.

STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY

For the three and six months ended July 31, 2023 and 2022 (Unaudited)

	Common Stock
	Shares		Amount		Retained Earnings		Total Stockholders’ Equity (Deficit)
Balance, April 30, 2022	66,593,750	$	66,594	$	(43,326)	$	23,268
Net loss for the three months ended July 31, 2022	-		-		(5,938)		(5,938)
Balance, July 31, 2022	66,593,750	$	66,594	$	(49,264)	$	17,330

Balance, April 30, 2023	66,593,750	$	66,594	$	(63,054)	$	3,540
Net income for the three months ended July 31, 2023	-		-		11,858		11,858
Balance, July 31, 2023	66,593,750	$	66,594	$	(51,196)	$	15,398

Balance, January 31, 2022	66,593,750	$	66,594	$	(39,696)	$	26,898
Net loss for the six months ended July 31, 2022	-		-		(9,568)		(9,568)
Balance, July 31, 2022	66,593,750	$	66,594	$	(49,264)	$	17,330

Balance, January 31, 2023	66,593,750	$	66,594	$	(54,304)	$	12,290
Net loss for the six months ended July 31, 2023	-		-		3,108		3,108
Balance, July 31, 2023	66,593,750	$	66,594	$	(51,196)	$	15,398

See accompanying notes, which are an integral part of these financial statements

GLIDELOGIC CORP.

STATEMENTS OF CASH FLOWS

For the six months ended July 31, 2023 and 2022 (Unaudited)

		For the six months ended July 31, 2023		For the six months ended July 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income/(Loss)	$	3,108	$	(9,568)
Adjustments to reconcile net loss to net cash provided by operations:
Depreciation Expense		210		2,085
Accounts Receivable		(10,094)		-
Loan Payable		(6,010)		-
Accounts Payable		-		(5,500)
CASH FLOWS FROM OPERATING ACTIVITIES		(12,786)		(12,983)

CASH FLOWS FROM INVESTING ACTIVITIES
CASH FLOWS FROM INVESTING ACTIVITIES		-		-

CASH FLOWS FROM FINANCING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES		-		-

NET CHANGE IN CASH		(12,786)		(12,983)

Cash, beginning of period		14,547		34,713
Cash, end of period	$	1,761	$	21,730

SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid	$	-	$	-
Income taxes paid	$	-	$	-

See accompanying notes, which are an integral part of these financial statements

GLIDELOGIC CORP.

NOTES TO THE FINANCIAL STATEMENTS

As at July 31, 2023 (Unaudited)

1.ORGANIZATION AND NATURE OF BUSINESS

GLIDELOGIC CORP. (“the Company”) was incorporated in the State of Nevada on December 11, 2020. The Company is a diversified software development and consulting firm specializing in the development of online platforms, payment gateway solutions, AI, and blockchain technologies. Additionally, the Company offers consulting services in the areas of AI and blockchain. The Company's headquarters is located at 11264 Playa Court, Culver City, California, United States. The Company engages with customers and vendors both within and outside of the United States. The Company location is at 11264 Playa Court, Culver City, California of the United States. The Company's customers and vendors are located both within and outside of the United States.

2.GOING CONCERN

The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States (“GAAP”), which contemplate continuation of the Company as a going concern. The Company had $30,000 revenues for the six months ended July 31, 2023. The Company currently has income but has not completed its efforts to establish a stabilized source of revenue sufficient to cover operating costs over an extended period. Therefore, there is substantial doubt about the Company’s ability to continue as a going concern. Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses. The Company intends to position itself so that it will be able to raise additional funds through the capital markets. Considering management’s efforts, there are no assurances that the Company will be successful in this or any of its endeavours or become financially viable and continue as a going concern.

3.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation

The accompanying financial statements have been prepared in accordance with GAAP and should be read in conjunction with our audited financial statements included in our Annual Report on Form 10-K for the year ended January 31, 2023, and not indicative of future results.

The Company’s year-end is January 31.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Due to the limited level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern.

Cash and Cash Equivalents

The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents.

Income Taxes

Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for deferred tax assets that, based on available evidence, are not expected to be realized.

Fair Value of Financial Instruments

ASC 825, “Disclosures about Fair Value of Financial Instruments”, requires disclosure of fair value information about financial instruments. ASC 820, “Fair Value Measurements” defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of July 31, 2023.

The respective carrying values of certain on-balance-sheet financial instruments approximate their fair values. These financial instruments include cash and related party loan payable. Fair values were assumed to approximate carrying values for these financial instruments since they are short term in nature and their carrying amounts approximate fair value.

Accounts Receivable and Expected Credit Loss

In accordance with ASC 326, "Measurement of Credit Losses on Financial Instruments", accounts receivable are recognized upon delivery of goods or services. The Company adopts the Current Expected Credit Loss (CECL) model, which necessitates the recognition of expected credit losses over the life of the asset. This model incorporates historical data, current conditions, and reasonable future forecasts. Accounts deemed uncollectible are written off against the allowance for doubtful accounts. As of July 31, 2023, the Company has assessed its accounts receivable for impairment under the CECL model and has made appropriate adjustments in line with GAAP standards.

Stock-Based Compensation

As of July 31, 2023, the Company has not issued any stock-based payments to its employees. Stock-based compensation is accounted for at fair value in accordance with ASC 718, when applicable. To date, the Company has not adopted a stock option plan and has not granted any stock options.

Fixed Assets

Equipment is stated at cost, net of accumulated depreciation. The cost of equipment and website is depreciated using the straight-line method over five and one years. Expenditures for maintenance and repairs are charged to expense as incurred. Additions, major renewals, and replacements that increase the equipment's useful life are capitalized. Equipment sold or retired, together with the related accumulated depreciation is removed from the appropriated accounts and the resultant gain or loss is included in net income.

Revenue Recognition

The Company recognizes revenue in accordance with Accounting Standards Codification (“ASC”) 606, “Revenue from Contracts with Customers”. ASC 606 adoption is on February 1, 2018. The core principle of ASC 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.

GLIDELOGIC CORP. recognizes revenue in accordance with this core principle by applying the following steps:

Step 1: Identifying the contract(s) with the customer.

Step 2: Identifying the performance obligation to satisfy the contract.

Step 3: Determining the transaction price.

Step 4: Allocate the transaction price to the performance obligations in the contract.

Step 5: Revenue recognition.

The Company's revenues are bifurcated into two categories: software and services. Revenues from software are recognized at a point-in-time as ownership is transferred to the customer at a distinct point in time, in accordance with the terms of the contract. For services, revenue is recognized over time as the services are rendered and milestones are achieved, pursuant to the terms specified in the service agreement.

The Company shall not be liable for any failure to perform its obligations, whether related to software or services, if such failure is due to circumstances beyond its reasonable control. Any liability of the Company shall be limited to the total of all amounts paid by the customer for software and/or services under the contract.

Payment Terms: The Company plans to collect payment from customers prior to transferring ownership of the software and may require deposits from customers at the time an order is placed. When deposits are collected prior to transferring ownership of the software, the Company recognizes deferred revenue until the transfer is made. Similarly, for services, the Company may require an upfront retainer or periodic payments, as outlined in the service agreement. Any prepaid amounts for services will be recognized as deferred revenue until the services are rendered.

Nonmonetary Exchange Contracts: The Company accepts barter contracts and recognizes any revenue originating from such contracts, whether related to software or services, if a barter agreement is made between both parties.

The following are details pertaining to the Company’s most recent nonmonetary exchange contract and its revenue recognition procedure:

For the six months ended July 31, 2023, the Company rendered services to Streamline USA, Inc. (“Streamline” or “SLI”) as depicted in the following 2 key points:

§The objective is to provide a one-time, comprehensive consulting service aimed at integrating Artificial Intelligence (AI) and Real-World Asset tokenization in Streamline's entertainment marketing operations.

§The duration of the service is designed to be a one-time consultation, providing Streamline with a comprehensive strategy and actionable insights. At the end of the consultation, a detailed report summarizing findings, recommendations, and implementation guidelines will be provided to Streamline.

The above created a Nonmonetary Exchange Invoice for $30,000. Consequently, the Company entered into a Nonmonetary Exchange Agreement with Streamline USA, Inc. as depicted below:

§The Company is to provide to Streamline USA, Inc. the equivalent of Thirty Thousand Dollars ($30,000) in Artificial Intelligence (AI) technology time (the “AI Time Credit").

As of the end of July 2023, the reports of analysis, evaluation, and recommendation on the subject matter have all been delivered, thus, the service was deemed completed and all $30,000 was realized in Q2.

Cost of Goods Sold

Cost of goods sold includes direct costs of selling items.

Recent Accounting Pronouncements

We have reviewed all the recently issued, but not yet effective and thus not disclosed here, accounting pronouncements and we do not believe any of those pronouncements will have a material impact on the Company’s financial position, results of operations or cash flows.

Basic Income (Loss) Per Share

The Company computes income (loss) per share in accordance with ASC 260 “Earnings per Share”. Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive. As of July 31, 2023, there were no potentially dilutive debt or equity instruments issued or outstanding.

4.Accounts Receivable

Accounts receivables are stated at their carrying values, net of a reserve for doubtful accounts. For the six months ended July 31, 2023, the Company rendered services to Streamline USA, Inc. (“Streamline” or “SLI”). This created a Nonmonetary Exchange Invoice for $30,000. Consequently, the Company entered into a Nonmonetary Exchange Agreement with Streamline USA, Inc. as depicted below:

§The Company is to provide to Streamline USA, Inc. the equivalent of Thirty Thousand Dollars ($30,000) in Artificial Intelligence (AI) technology time (the “AI Time Credit").

§The Company offsets “Accounts Receivable from” and “SLI Loan Payable to” until the full amount of $30,000 is counterbalanced.

As of July 31, 2023, the Company has accounts receivable of $10,094. Hence, this figure is also the remaining credit that still needs to be counterbalanced (as portrayed below).

Nonmonetary Exchange Invoice Amount	$30,000
SLI Loan Payable Payoff	(19,906)
Due to Glidelogic Corp.	$10,094

As of July 31, 2023, this loan has been fully paid with the Nonmonetary Exchange agreement stated above. Consequently, there is still an Accounts Receivable of $10,094 to be counterbalanced by future dealings with Streamline USA, Inc.

5.FIXED ASSETS

		Equipment	Website	Total

As of January 31, 2023	$	4,453	4,500	8,953
Additions		-	-	-
Disposals		-	-	-
As of July 31, 2023	$	4,453	4,500	8,953

Depreciation
As of January 31, 2023		(700)	(4,500)	(5,200)
Change for the period		(210)	-	(210)
As of July 31, 2023	$	(910)	(4,500)	(5,410)

Net book value	$	3,543	-	3,543

6.RELATED PARTY TRANSACTIONS

For the three months ended April 30, 2023, the Company’s back-then sole director during the period did not make any new loans to the Company. As part of the change of the Company control effective May 23, 2023, Seller agreed to waive her outstanding $6,010 loan to the Company. Therefore, as of July 31, 2023, the loan of $6,010 was forgiven and it became cancellation of debt. As of July 31, 2023, it is listed under Other Income.

For the six months ended July 31, 2023, Streamline USA, Inc. loaned $19,906 to Glidelogic Corp. Streamline and Glidelogic Corp. share the same ultimate controlling persons – Mr. Dapeng Ma and Mr. Yitian Xue. While they hold majority interest in Streamline line, together they own 100% of Star Success Business, LLC, which owns 75% of Glidelogic’s interest. The loan from Streamline consisted of cash transferred to Glidelogic Corp. or as expenses paid on behalf of Glidelogic Corp. As of July 31, 2023, this loan has been fully paid with the nonmonetary exchange agreement depicted in the Accounts Receivable section. The following is the breakdown of the payoff:

Nonmonetary Exchange Invoice Amount	$30,000
SLI Loan Payable Payoff	(19,906)
Due to Glidelogic Corp.	$10,094

7.COMMON STOCK

The Company has 75,000,000, $0.001 par value shares of common stock authorized. In August 2023, the company effected 25 to 1 forward stock split of its common stock. As a result, currently there are 66,593,750 shares of common stock issued and outstanding.

On January 21, 2021, the Company issued 50,000,000 shares of common stock to a director for cash proceeds of $2,000.

In October 2021, the Company issued 3,218,750 shares of common stock for cash proceeds of $5,150.

In November 2021, the Company issued 9,468,750 shares of common stock for cash proceeds of $15,150.

In December 2021, the Company issued 3,906,250 shares of common stock for cash proceeds of $6,250.

There were 66,593,750 shares of common stock issued and outstanding as a result of these four issuances.

8.COMMITMENTS AND CONTINGENCIES

From time-to-time, the Company is subject to various litigation and other claims in the normal course of business. The Company establishes liabilities in connection with legal actions that management deems to be probable and estimable (if any). No such event or amounts have been accrued in the financial statements with respect to any litigation or other claim matters.

9.INCOME TAXES

The Company adopted the provisions of uncertain tax positions as addressed in ASC 740 “Income Taxes” (“ASC 740”). As a result of the implementation of ASC 740, the Company recognized no increase in the liability for unrecognized tax benefits. As of July 31, 2023, the Company had net operating loss carry forwards of approximately $13,152 that may be available to reduce future years’ taxable income in varying amounts indefinitely. Future tax benefits which may arise because of these losses have not been recognized in these financial statements, as their realization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the deferred tax asset relating to these tax loss carry-forwards.

The valuation allowance at as of July 31, 2023, was approximately $2,762. The net change in valuation allowance from January 31, 2023, through July 31, 2023, was a decrease of $653. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all the deferred income tax assets will not be realized.

The ultimate realization of deferred income tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred income tax liabilities, projected future taxable income, and tax planning strategies in making this assessment. Based on consideration of these items, management has determined that enough uncertainty exists relative to the realization of the deferred income tax asset balances to warrant the application of a full valuation allowance as of July 31, 2023. All tax years since inception remain open for examination by taxing authorities.

The provision for Federal income tax consists of the following:

		July 31, 2023		January 31, 2023
Non-current deferred tax assets:
Net operating loss carry forward	$	(13,152)	$	(16,260)
Valuation allowance	$	(13,152)	$	(16,260)
Net deferred tax assets	$	-	$	-

The actual tax benefit at the expected rate of 21% differs from the expected tax benefit for the year ended July 31, 2023, as follows:

		July 31, 2023		January 31, 2023
Computed “expected” tax expense (benefit)	$	(653)	$	(3,259)
Change in valuation allowance	$	653	$	3,259
Actual tax expense (benefit)	$	-	$	-

The related deferred tax benefits for the above unused tax losses have not been fully recognized as it is not reasonably certain that they will be realized. Management has evaluated tax positions in accordance with ASC 740 and has not identified any significant tax positions, other than those disclosed.

10.SUBSEQUENT EVENTS

On August 8, 2023, FINRA announced the a 25 for 1 forward stock split would become effective on August 9, 2023. Following the stock split, we had 66,593,750 shares of common stock issued and outstanding.

All shares and par value per share amounts in the financial statements and accompanying notes presented in this filing have been retrospectively adjusted to give effect to the Forward Stock Split.

ITEM 2. MANAGEMENT’ DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

A CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This prospectus contains forward-looking statements which relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks in the section entitled “Risk Factors,” that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

DESCRIPTION OF BUSINESS

GENERAL

As we anticipated and planned in Q1 2023, our payment gateway solution was launched and tested in July 2023 at TP FINTECH SOLUTIONS LTD (“TPFT”), a wholly-owned Brazilian subsidiary by Glidelogic’s affiliated company Streamline USA, Inc. (“Streamline”). Currently, it is integrating well with the PIX payment system of FITBANK INSTITUIÇÃO DE PAGAMENTOS ELETRÔNICOS SA (“FITBANK”). TPFT has officially launched the payment service via FITBANK in August. We anticipate that the collaboration between Glidelogic and TPFT will start in the third quarter, with Glidelogic charging TPFT for the licensing fee and technical service fee of the payment gateway solution.

Also as anticipated and planned in Q1 2023, Glidelogic has already provided Streamline with advisory services related to the LLM (Large Language Model) and RWA (Real World Assets) Token. Streamline plans to offer an AI Bot related to entertainment marketing in the future, and to issue RWA Tokens tied to the earnings of KOL (Key Opinion Leaders) on social media. Glidelogic expects to continue providing related software development and consulting services for Streamline in Q3 2023.

We plan to deliver the mentioned services depending on the package ordered by a user, which can be tweaked within the settings of the payment gateway solution. We expect to complete the development and penetrate the payment gateway solutions market to achieve profitability. We plan to offer the other services, the list of which can be extended or shortened depending on their profitability and popularity with the customers:

1. Consulting services in software development business.

2. Consulting services in data encryption.

3. Consulting services in block chain operation and development.

4. Software development using block chain technologies.

5. Software development using encryption and data protection.

6. Software development using Al technologies.

We plan to offer the above services to small and medium companies involved in various parts of the IT industry and companies providing services to IT entities.

REVENUE

We plan to generate revenue by developing and licensing payment gateway solution, and providing a dedicated AI solution for the entertainment marketing industry.

Additionally, we intend to offer consulting services for small and medium business entities involved in software development. The offers are planned to be framed by demands of the customers. The price is planned to vary whether they require the following:

single consultation or revision of their project.

continuous monitoring or maintenance.

MARKETING

We expect the Marketing Campaign to be our main drive allowing us to penetrate the payment gateway solution market and attract new customers as well. We will promote the AI solution for the entertainment marketing industry through the in-depth experience of our directors, primarily targeting our existing Propaganda GEM (“PGEM”) clients as well as production studios for adoption. We project to implement a set of marketing strategies and depending on their efficiency we, possibly, either correct the strategy or exclude the ineffective methodologies from the campaign.

We plan to target customers who are concerned about privacy and security of payment solutions. We plan to advertise our prime software product at IT workshops, hackathons, trade shows and exhibitions of software for computers and mobile devices, exhibitions and trade shows of mobile gadgets, gaming industry shows and exhibitions.

The promotion of the Payment Gateway Solution will follow the expansion of our affiliated company Streamline’s payment service business in the Americas. We expect to enter countries like Brazil and Mexico as a technology service provider and then promote within the industry through technical collaboration with partnering banks.

We plan to leverage Dapeng Ma’s previous experience, networks, and client relationships in the entertainment marketing industry, film investment industry, and various related sectors to promote the adoption of our AI solution for entertainment marketing.

We expect to attract two main kinds of customers regarding services they wish to receive. The ones referred as “users”, are granted the use of payment gateway solutions application conditional on the package they would select.

The ones referred as “customers”, are expected to offer consulting services in the software development business area. They are expected to be IT professionals employed in cryptography, developing encryption systems, employed in the IT security area and development of block chain technologies.

COMPETITION

The market of crypto payment gateway solutions, new LLM based AI solutions, and Crypto related services is relatively new and expanding with numbers of offers. We still plan to seek new business opportunities through the management's connections and experience in the relevant industries. We aim to expand our business by collaborating with industry-leading companies and to gain customer recognition through innovation and high-quality work.

EMPLOYEES; IDENTIFICATION OF CERTAIN SIGNIFICANT EMPLOYEES.

We are a start-up company and currently have two employees: our president, Mr. Dapeng Ma, and our CEO, Mr. Yitian Xue, both were appointed as a director of the Company on May 15, 2023. Mr. Ma and Mr. Xue will jointly oversee the day-to-day operations of the company. We intend to hire employees on an as needed basis.

INSURANCE

We do not maintain any insurance and do not intend to maintain insurance in the future. Because we do not have any insurance, if we are had a party of a legal action, we may not have sufficient funds to defend the litigation. If that occurs a judgment could be rendered against us that could cause us to cease operations.

OFFICES

The Company’s principal offices are located at 11264 Playa Court, Culver City, California 90230.

GOVERNMENT REGULATION

We will be required to comply with all regulations, rules and directives of governmental authorities and agencies applicable to our business in any jurisdiction which we would conduct activities. We do not believe that regulations will have a material impact on the way we conduct our business.

LEGAL PROCEEDINGS

There are no pending legal proceedings to which the Company is a party or in which any director, officer or affiliate of the Company, any owner of record or beneficially of more than 5% of any class of voting securities of the Company, or security holder is a party adverse to the Company or has a material interest adverse to the Company.

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Certain statements contained in this prospectus, including statements regarding the anticipated development and expansion of our business, our intent, belief or current expectations, primarily with respect to the future operating performance of the Company and the products we expect to offer and other statements contained herein regarding matters that are not historical facts, are “forward-looking” statements. Future filings with the Securities and Exchange Commission, future press releases and future oral or written statements made by us or with our approval, which are not statements of historical fact, may contain forward-looking statements, because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.

RESULTS OF OPERATIONS

Our financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation.

We expect we will require additional capital to meet our long-term operating requirements. We expect to raise additional capital through, among other things, the sale of equity or debt securities.

LIQUIDITY AND CAPITAL RESOURCES

At July 31, 2023, our total assets were $15,398. Total assets were comprised of $11,855 in current assets and $3,543 in fixed assets.

As at July 31, 2023, our current liabilities were $0 and Stockholders’ equity was $15,398.

CASH FLOWS FROM OPERATING ACTIVITIES

For the six months ended July 31, 2023 net cash flows used in operating activities was $12,786.

For the six months ended July 31, 2022 net cash flows used in operating activities was $12,983.

CASH FLOWS FROM INVESTING ACTIVITIES

For the six months ended July 31, 2023 we have generated $0 in investing activities.

For the six months ended July 31, 2022 we have generated $0 in investing activities.

CASH FLOWS FROM FINANCING ACTIVITIES

For the six months ended July 31, 2023 net cash flows provided by financing activities was $0.

For the six months ended July 31, 2022 net cash flows provided by financing activities was $0.

In August 2023, the company effected 25 to 1 forward stock split of its common stock. As a result, currently there are 66,593,750 shares of common stock issued and outstanding. The breakdown is:

Since inception, Glidelogic has sold 50,000,000 shares to its previous director for net proceeds of $2,000, the par value of these shares is $0.001. These shares were acquired by Star Success Business LLC in May 2023.

For the year ended January 31, 2022, the Company issued 16,593,750 shares of common stock for cash proceeds of $26,550, par value of these shares is $0.001 per share.

Our current cash flow is sufficient to support the company's daily operations. It is estimated that by Q3 2023, after the full-scale rollout of the payment gateway software licensing business, the company will have enough funds to achieve a break-even point. To ensure the development of subsequent plans, we anticipate advancing our crypto-related business line by issuing service shares in the fourth quarter of this year. Specific details are still under planning.

OFF-BALANCE SHEET ARRANGEMENTS

We have no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

None

ITEM 4. CONTROLS AND PROCEDURES

Our management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer’s management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

An evaluation was conducted under the supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of July 31, 2023. Based on that evaluation, our management concluded that our disclosure controls and procedures were not effective as of such date to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms.

Changes in Internal Controls over Financial Reporting

There was no change in the Company’s internal control over financial reporting during the quarterly period covered by this report that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.

PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

ITEM 1A. RISK FACTORS

None

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

None

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS

None

ITEM 5. OTHER INFORMATION

None

ITEM 6. EXHIBITS

The following exhibits are included as part of this report by reference:

31.1		Certification of Chief Executive Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).
31.2		Certification of Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).
32.1		Certification of Chief Executive Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.
32.2		Certification of Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized in the City of Culver City, California, on September 20, 2023.

GLIDELOGIC CORP.

By:	/s/ Yitian Xue
	Name:	Yitian Xue
	Title:	President Secretary, Director and Treasurer
		(Principal Executive, Financial and Accounting Officer)

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jul. 31, 2023	Sep. 11, 2023
Details
Registrant CIK	0001848672
Fiscal Year End	--01-31
Document Type	10-Q/A
Document Quarterly Report	true
Document Period End Date	Jul. 31, 2023
Document Transition Report	false
Entity File Number	333-254750
Entity Registrant Name	GLIDELOGIC CORP.
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	98-1575837
Entity Address, Address Line One	11264 Playa Court
Entity Address, City or Town	Culver City
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90230
City Area Code	310
Local Phone Number	397-2300
Phone Fax Number Description	Address and telephone number of principal executive offices
Entity Current Reporting Status	Yes
Entity Interactive Data Current	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		66,593,750
Amendment Description	This Amendment No. 1 to the Registrant’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on September 19, 2023, is for the purpose of adding the financial statement XBRL files to that filing. Otherwise, the original filing remains the same.
Amendment Flag	true
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2

Balance Sheets - USD ($)	Jul. 31, 2023	Jan. 31, 2023
Current Assets
Cash and Cash Equivalents	$ 1,761	$ 14,547
Total current assets	1,761	14,547
Accounts Receivable
Accounts Receivable from Related Party	10,094	0
Total Accounts Receivable	10,094	0
Fixed Assets
Equipment, net	3,543	3,753
Total Fixed Assets	3,543	3,753
Total Assets	15,398	18,300
Current liabilities:
Account Payable	0	0
Loan	0	6,010
Total Current Liabilities	0	6,010
Total Liabilities	0	6,010
Commitments and Contingencies	0	0
Stockholders' Equity
Common shares	66,594	66,594
Retained Earnings	(51,196)	(54,304)
Total Stockholders' Equity	15,398	12,290
Total Liabilities and Stockholders' Equity	$ 15,398	$ 18,300

Balance Sheets - Parenthetical - $ / shares	Jul. 31, 2023	Jan. 31, 2023
Balance Sheets
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	75,000,000	75,000,000
Common Stock, Shares, Issued	66,593,750	66,593,750
Common Stock, Shares, Outstanding	66,593,750	66,593,750

Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
Statements of Operations - USD ($)	Jul. 31, 2023	Jul. 31, 2022	Jul. 31, 2023	Jul. 31, 2022
Statements of Operations
REVENUES	$ 30,000	$ 48,208	$ 30,000	$ 48,208
Cost of goods	0	37,134	0	37,134
Gross Profit	30,000	11,074	30,000	11,074
OPERATING EXPENSES
General and Administrative Expenses	(24,152)	(17,012)	(32,902)	(20,642)
TOTAL OPERATING EXPENSES	(24,152)	(17,012)	(32,902)	(20,642)
NET INCOME/(LOSS) FROM OPERATIONS	5,848	(5,938)	(2,902)	(9,568)
OTHER INCOME	6,010	0	6,010	0
PROVISION FOR INCOME TAXES	0	0	0	0
NET LOSS/INCOME	$ 11,858	$ (5,938)	$ 3,108	$ (9,568)
NET INCOME PER SHARE: BASIC AND DILUTED	$ 0.00	$ (0.00)	$ 0.00	$ (0.00)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	66,593,750	66,593,750	66,593,750	66,593,750

Statements of Changes in Stockholders' Equity - USD ($)	Common Stock	Retained Earnings	Total
Equity, Attributable to Parent, Beginning Balance at Jan. 31, 2022	$ 66,594	$ (39,696)	$ 26,898
Shares, Outstanding, Beginning Balance at Jan. 31, 2022	66,593,750
Net Income/(Loss)	$ 0	(9,568)	(9,568)
Shares, Outstanding, Ending Balance at Jul. 31, 2022	66,593,750
Equity, Attributable to Parent, Ending Balance at Jul. 31, 2022	$ 66,594	(49,264)	17,330
Equity, Attributable to Parent, Beginning Balance at Apr. 30, 2022	$ 66,594	(43,326)	23,268
Shares, Outstanding, Beginning Balance at Apr. 30, 2022	66,593,750
Net Income/(Loss)	$ 0	(5,938)	(5,938)
Shares, Outstanding, Ending Balance at Jul. 31, 2022	66,593,750
Equity, Attributable to Parent, Ending Balance at Jul. 31, 2022	$ 66,594	(49,264)	17,330
Equity, Attributable to Parent, Beginning Balance at Jan. 31, 2023	$ 66,594	(54,304)	12,290
Shares, Outstanding, Beginning Balance at Jan. 31, 2023	66,593,750
Net Income/(Loss)	$ 0	3,108	3,108
Shares, Outstanding, Ending Balance at Jul. 31, 2023	66,593,750
Equity, Attributable to Parent, Ending Balance at Jul. 31, 2023	$ 66,594	(51,196)	15,398
Equity, Attributable to Parent, Beginning Balance at Apr. 30, 2023	$ 66,594	(63,054)	3,540
Shares, Outstanding, Beginning Balance at Apr. 30, 2023	66,593,750
Net Income/(Loss)	$ 0	11,858	11,858
Shares, Outstanding, Ending Balance at Jul. 31, 2023	66,593,750
Equity, Attributable to Parent, Ending Balance at Jul. 31, 2023	$ 66,594	$ (51,196)	$ 15,398

Statements of Cash Flows - USD ($)	6 Months Ended
Statements of Cash Flows - USD ($)	Jul. 31, 2023	Jul. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income/(Loss)	$ 3,108	$ (9,568)
Adjustments to reconcile net loss to net cash provided by operations
Depreciation Expense	210	2,085
Accounts Receivable	(10,094)	0
Loan Payable	(6,010)	0
Accounts Payable	0	(5,500)
CASH FLOWS FROM OPERATING ACTIVITIES	(12,786)	(12,983)
CASH FLOWS FROM INVESTING ACTIVITIES
CASH FLOWS FROM INVESTING ACTIVITIES	0	0
CASH FLOWS FROM FINANCING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES	0	0
NET CHANGE IN CASH	(12,786)	(12,983)
Cash, beginning of period	14,547	34,713
Cash, end of period	1,761	21,730
SUPPLEMENTAL CASH FLOW INFORMATION
Interest paid	0	0
Income taxes paid	$ 0	$ 0

1. ORGANIZATION AND NATURE OF BUSINESS

6 Months Ended

Jul. 31, 2023

Notes

1. ORGANIZATION AND NATURE OF BUSINESS

1.ORGANIZATION AND NATURE OF BUSINESS

2. GOING CONCERN

6 Months Ended

Jul. 31, 2023

Notes

2. GOING CONCERN

2.GOING CONCERN

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

6 Months Ended

Jul. 31, 2023

Notes

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

3.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation

The Company’s year-end is January 31.

Use of Estimates

Due to the limited level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern.

Cash and Cash Equivalents

The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents.

Income Taxes

Fair Value of Financial Instruments

Accounts Receivable and Expected Credit Loss

Stock-Based Compensation

Fixed Assets

Revenue Recognition

GLIDELOGIC CORP. recognizes revenue in accordance with this core principle by applying the following steps:

Step 1: Identifying the contract(s) with the customer.

Step 2: Identifying the performance obligation to satisfy the contract.

Step 3: Determining the transaction price.

Step 4: Allocate the transaction price to the performance obligations in the contract.

Step 5: Revenue recognition.

The following are details pertaining to the Company’s most recent nonmonetary exchange contract and its revenue recognition procedure:

For the six months ended July 31, 2023, the Company rendered services to Streamline USA, Inc. (“Streamline” or “SLI”) as depicted in the following 2 key points:

The above created a Nonmonetary Exchange Invoice for $30,000. Consequently, the Company entered into a Nonmonetary Exchange Agreement with Streamline USA, Inc. as depicted below:

§The Company is to provide to Streamline USA, Inc. the equivalent of Thirty Thousand Dollars ($30,000) in Artificial Intelligence (AI) technology time (the “AI Time Credit").

Cost of Goods Sold

Cost of goods sold includes direct costs of selling items.

Recent Accounting Pronouncements

Basic Income (Loss) Per Share

4. ACCOUNTS RECEIVABLE

6 Months Ended

Jul. 31, 2023

Notes

4. ACCOUNTS RECEIVABLE

4.Accounts Receivable

§The Company is to provide to Streamline USA, Inc. the equivalent of Thirty Thousand Dollars ($30,000) in Artificial Intelligence (AI) technology time (the “AI Time Credit").

§The Company offsets “Accounts Receivable from” and “SLI Loan Payable to” until the full amount of $30,000 is counterbalanced.

As of July 31, 2023, the Company has accounts receivable of $10,094. Hence, this figure is also the remaining credit that still needs to be counterbalanced (as portrayed below).

Nonmonetary Exchange Invoice Amount	$30,000
SLI Loan Payable Payoff	(19,906)
Due to Glidelogic Corp.	$10,094

5. FIXED ASSETS

6 Months Ended

Jul. 31, 2023

Notes

5. FIXED ASSETS

5.FIXED ASSETS

		Equipment	Website	Total

As of January 31, 2023	$	4,453	4,500	8,953
Additions		-	-	-
Disposals		-	-	-
As of July 31, 2023	$	4,453	4,500	8,953

Depreciation
As of January 31, 2023		(700)	(4,500)	(5,200)
Change for the period		(210)	-	(210)
As of July 31, 2023	$	(910)	(4,500)	(5,410)

Net book value	$	3,543	-	3,543

6. RELATED PARTY TRANSACTIONS

6 Months Ended

Jul. 31, 2023

Notes

6. RELATED PARTY TRANSACTIONS

6.RELATED PARTY TRANSACTIONS

Nonmonetary Exchange Invoice Amount	$30,000
SLI Loan Payable Payoff	(19,906)
Due to Glidelogic Corp.	$10,094

7. COMMON STOCK

6 Months Ended

Jul. 31, 2023

Notes

7. COMMON STOCK

7.COMMON STOCK

On January 21, 2021, the Company issued 50,000,000 shares of common stock to a director for cash proceeds of $2,000.

In October 2021, the Company issued 3,218,750 shares of common stock for cash proceeds of $5,150.

In November 2021, the Company issued 9,468,750 shares of common stock for cash proceeds of $15,150.

In December 2021, the Company issued 3,906,250 shares of common stock for cash proceeds of $6,250.

There were 66,593,750 shares of common stock issued and outstanding as a result of these four issuances.

8. COMMITMENTS AND CONTINGENCIES

6 Months Ended

Jul. 31, 2023

Notes

8. COMMITMENTS AND CONTINGENCIES

8.COMMITMENTS AND CONTINGENCIES

9. INCOME TAXES

6 Months Ended

Jul. 31, 2023

Notes

9. INCOME TAXES

9.INCOME TAXES

The provision for Federal income tax consists of the following:

		July 31, 2023		January 31, 2023
Non-current deferred tax assets:
Net operating loss carry forward	$	(13,152)	$	(16,260)
Valuation allowance	$	(13,152)	$	(16,260)
Net deferred tax assets	$	-	$	-

The actual tax benefit at the expected rate of 21% differs from the expected tax benefit for the year ended July 31, 2023, as follows:

		July 31, 2023		January 31, 2023
Computed “expected” tax expense (benefit)	$	(653)	$	(3,259)
Change in valuation allowance	$	653	$	3,259
Actual tax expense (benefit)	$	-	$	-

10. SUBSEQUENT EVENTS

6 Months Ended

Jul. 31, 2023

Notes

10. SUBSEQUENT EVENTS

10.SUBSEQUENT EVENTS

All shares and par value per share amounts in the financial statements and accompanying notes presented in this filing have been retrospectively adjusted to give effect to the Forward Stock Split.

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Basis of presentation (Policies)

6 Months Ended

Jul. 31, 2023

Policies

Basis of presentation

Basis of presentation

The Company’s year-end is January 31.

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Use of Estimates (Policies)

6 Months Ended

Jul. 31, 2023

Policies

Use of Estimates

Use of Estimates

Due to the limited level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern.

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Cash and Cash Equivalents (Policies)

6 Months Ended

Jul. 31, 2023

Policies

Cash and Cash Equivalents

Cash and Cash Equivalents

The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents.

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Income Taxes (Policies)

6 Months Ended

Jul. 31, 2023

Policies

Income Taxes

Income Taxes

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Fair Value of Financial Instruments (Policies)

6 Months Ended

Jul. 31, 2023

Policies

Fair Value of Financial Instruments

Fair Value of Financial Instruments

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Stock-Based Compensation (Policies)

6 Months Ended

Jul. 31, 2023

Policies

Stock-Based Compensation

Stock-Based Compensation

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Fixed Assets (Policies)

6 Months Ended

Jul. 31, 2023

Policies

Fixed Assets

Fixed Assets

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Revenue Recognition (Policies)

6 Months Ended

Jul. 31, 2023

Policies

Revenue Recognition

Revenue Recognition

GLIDELOGIC CORP. recognizes revenue in accordance with this core principle by applying the following steps:

Step 1: Identifying the contract(s) with the customer.

Step 2: Identifying the performance obligation to satisfy the contract.

Step 3: Determining the transaction price.

Step 4: Allocate the transaction price to the performance obligations in the contract.

Step 5: Revenue recognition.

The following are details pertaining to the Company’s most recent nonmonetary exchange contract and its revenue recognition procedure:

For the six months ended July 31, 2023, the Company rendered services to Streamline USA, Inc. (“Streamline” or “SLI”) as depicted in the following 2 key points:

The above created a Nonmonetary Exchange Invoice for $30,000. Consequently, the Company entered into a Nonmonetary Exchange Agreement with Streamline USA, Inc. as depicted below:

§The Company is to provide to Streamline USA, Inc. the equivalent of Thirty Thousand Dollars ($30,000) in Artificial Intelligence (AI) technology time (the “AI Time Credit").

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Cost of Goods Sold (Policies)

6 Months Ended

Jul. 31, 2023

Policies

Cost of Goods Sold

Cost of Goods Sold

Cost of goods sold includes direct costs of selling items.

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Recent Accounting Pronouncements (Policies)

6 Months Ended

Jul. 31, 2023

Policies

Recent Accounting Pronouncements

Recent Accounting Pronouncements

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Basic Income (Loss) Per Share (Policies)

6 Months Ended

Jul. 31, 2023

Policies

Basic Income (Loss) Per Share

Basic Income (Loss) Per Share

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Accounts Receivable and Expected Credit Loss (Tables)

6 Months Ended

Jul. 31, 2023

Tables/Schedules

Accounts Receivable and Expected Credit Loss

Accounts Receivable and Expected Credit Loss

4. ACCOUNTS RECEIVABLE: Schedule of Accounts Receivable (Tables)

6 Months Ended

Jul. 31, 2023

Tables/Schedules

Schedule of Accounts Receivable

Nonmonetary Exchange Invoice Amount	$30,000
SLI Loan Payable Payoff	(19,906)
Due to Glidelogic Corp.	$10,094

5. FIXED ASSETS: Schedule of Fixed Assets (Tables)

6 Months Ended

Jul. 31, 2023

Tables/Schedules

Schedule of Fixed Assets

		Equipment	Website	Total

As of January 31, 2023	$	4,453	4,500	8,953
Additions		-	-	-
Disposals		-	-	-
As of July 31, 2023	$	4,453	4,500	8,953

Depreciation
As of January 31, 2023		(700)	(4,500)	(5,200)
Change for the period		(210)	-	(210)
As of July 31, 2023	$	(910)	(4,500)	(5,410)

Net book value	$	3,543	-	3,543

9. INCOME TAXES: Schedule of Deferred Tax Assets (Tables)

6 Months Ended

Jul. 31, 2023

Tables/Schedules

Schedule of Deferred Tax Assets

		July 31, 2023		January 31, 2023
Non-current deferred tax assets:
Net operating loss carry forward	$	(13,152)	$	(16,260)
Valuation allowance	$	(13,152)	$	(16,260)
Net deferred tax assets	$	-	$	-

9. INCOME TAXES: Schedule of Effective Income Tax Rate Reconciliation (Tables)

6 Months Ended

Jul. 31, 2023

Tables/Schedules

Schedule of Effective Income Tax Rate Reconciliation

		July 31, 2023		January 31, 2023
Computed “expected” tax expense (benefit)	$	(653)	$	(3,259)
Change in valuation allowance	$	653	$	3,259
Actual tax expense (benefit)	$	-	$	-

2. GOING CONCERN (Details) - USD ($)	3 Months Ended		6 Months Ended
2. GOING CONCERN (Details) - USD ($)	Jul. 31, 2023	Jul. 31, 2022	Jul. 31, 2023	Jul. 31, 2022
Details
REVENUES	$ 30,000	$ 48,208	$ 30,000	$ 48,208

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Revenue Recognition (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jul. 31, 2023	Jul. 31, 2022	Jul. 31, 2023	Jul. 31, 2022
Details
Nonmonetary Exchange Invoice Amount	$ 30,000		$ 30,000
REVENUES	$ 30,000	$ 48,208	$ 30,000	$ 48,208

4. ACCOUNTS RECEIVABLE (Details) - USD ($)	Jul. 31, 2023	Jan. 31, 2023
Details
Accounts Receivable from Related Party	$ 10,094	$ 0

4. ACCOUNTS RECEIVABLE: Schedule of Accounts Receivable (Details) - USD ($)	Jul. 31, 2023	Jan. 31, 2023
Details
Nonmonetary Exchange Invoice Amount	$ 30,000
SLI Loan Payable Payoff	(19,906)
Accounts Receivable from Related Party	$ 10,094	$ 0

5. FIXED ASSETS: Schedule of Fixed Assets (Details) - USD ($)	6 Months Ended
	Jul. 31, 2023	Jan. 31, 2023
Equipment
Fixed Assets, Cost	$ 4,453	$ 4,453
Additions	0
Disposals	0
Accumulated Depreciation	(910)	(700)
Change for the period	(210)
Equipment, net	3,543
Website
Fixed Assets, Cost	4,500	4,500
Additions	0
Disposals	0
Accumulated Depreciation	(4,500)	(4,500)
Change for the period	0
Equipment, net	0
Fixed Assets, Cost	8,953	8,953
Additions	0
Disposals	0
Accumulated Depreciation	(5,410)	(5,200)
Change for the period	(210)
Equipment, net	$ 3,543	$ 3,753

6. RELATED PARTY TRANSACTIONS (Details)	Jul. 31, 2023 USD ($)
Details
Loan Waived	$ 6,010
SLI Loan Payable Payoff	$ 19,906

7. COMMON STOCK (Details) - USD ($)		1 Months Ended
7. COMMON STOCK (Details) - USD ($)	Jan. 21, 2021	Dec. 31, 2021	Nov. 30, 2021	Oct. 31, 2021	Jul. 31, 2023	Jan. 31, 2023
Common Stock, Shares Authorized					75,000,000	75,000,000
Common Stock, Par or Stated Value Per Share					$ 0.001	$ 0.001
Stock Issued During Period, Shares, New Issues		3,906,250	9,468,750	3,218,750
Proceeds from Issuance of Common Stock	$ 2,000	$ 6,250	$ 15,150	$ 5,150
Common Stock, Shares, Outstanding					66,593,750	66,593,750
Common Stock, Shares, Issued					66,593,750	66,593,750
Director
Stock Issued During Period, Shares, New Issues	50,000,000

9. INCOME TAXES (Details) - USD ($)	6 Months Ended	12 Months Ended
9. INCOME TAXES (Details) - USD ($)	Jul. 31, 2023	Jan. 31, 2023
Details
Operating Loss Carryforwards	$ 13,152
Tax Credit Carryforward, Valuation Allowance	2,762
Change in valuation allowance	$ 653	$ 3,259

9. INCOME TAXES: Schedule of Deferred Tax Assets (Details) - USD ($)	Jul. 31, 2023	Jan. 31, 2023
Details
Net operating loss carry forward	$ (13,152)	$ (16,260)
Valuation allowance	(13,152)	(16,260)
Deferred Tax Assets, Net of Valuation Allowance	$ 0	$ 0

9. INCOME TAXES: Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jul. 31, 2023	Jan. 31, 2023
Details
Computed "expected" tax expense (benefit)	$ (653)	$ (3,259)
Change in valuation allowance	653	3,259
Actual tax expense (benefit)	$ 0	$ 0

10. SUBSEQUENT EVENTS (Details)	Aug. 08, 2023
Subsequent Event
Stockholders' Equity Note, Stock Split	On August 8, 2023, FINRA announced the a 25 for 1 forward stock split would become effective on August 9, 2023. Following the stock split, we had 66,593,750 shares of common stock issued and outstanding