COMMITMENTS AND CONTINGENCIES	9 Months Ended
Mar. 31, 2026
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE I - COMMITMENTS AND CONTINGENCIES Operating lease On August 13, 2025, the Company, through its wholly owned subsidiary Primecare Supply, LLC, entered into a lease agreement for a sales office located at 550 N. Reo Street, Suite 230, Tampa, Florida 33609. The leased premises serve as the Company’s Tampa sales office and operate as a regional hub supporting sales, customer engagement, and business development activities related to software solutions and product procurement services offered to health and wellness clinics throughout the United States. The lease commenced on September 15, 2025, with an initial term of one year and a monthly base rent of $4,078.67. In August 2025, the Company paid a security deposit of $4,221.42 to secure the lease, and Primecare Supply, LLC commenced occupancy of the leased premises on September 15, 2025. The Tampa location is not designated as the corporate headquarters or principal executive offices of Global Technologies, LTD or Primecare Supply, LLC. The lease was entered into to support the expansion of the Company’s sales operations and is classified as an operating lease. Lease expense is recognized on a straight-line basis over the term of the lease. Employment and Director Agreements On November 22, 2024, the Company entered into an Executive Employment Agreement with H. Wyatt Flippen, the Company’s Chief Executive Officer. Pursuant to the agreement, Mr. Flippen is entitled to receive a base salary of $8,500 per month and $125,000 worth of Series N Preferred Stock. The agreement has an initial term of one year and renews automatically for successive one-year terms unless terminated by either party in accordance with its terms. As of March 31, 2026 and June 30, 2025, accrued compensation due to Mr. Flippen was $42,500 and $17,000, respectively. On November 17, 2025, the Company entered into an Executive Employment Agreement with Fredrick K. Cutcher, who serves as Managing Director of Primecare Supply, LLC, a wholly owned subsidiary of the Company, and as a member of the Company’s Board of Directors. Pursuant to the agreement, Mr. Cutcher is entitled to receive a base salary of $10,000 per month, and may be eligible for discretionary bonuses, profit participation, relocation assistance, employee benefits, and expense reimbursement, subject to the terms of the agreement and any applicable addenda approved by the Company. Mr. Cutcher’s agreement has an initial term of one year and renews automatically for successive one-year terms unless either party provides at least 30 days’ written notice of non-renewal. Either party may terminate the agreement upon 30 days’ written notice. The agreement contains customary confidentiality, intellectual property assignment, and restrictive covenant provisions. GLOBAL TECHNOLOGIES, LTD NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS For the nine months ended March 31, 2026 and 2024 (Unaudited)

COMMITMENTS AND CONTINGENCIES

9 Months Ended

Mar. 31, 2026

Commitments and Contingencies Disclosure [Abstract]

NOTE I - COMMITMENTS AND CONTINGENCIES

Operating lease

On August 13, 2025, the Company, through its wholly owned subsidiary Primecare Supply, LLC, entered into a lease agreement for a sales office located at 550 N. Reo Street, Suite 230, Tampa, Florida 33609. The leased premises serve as the Company’s Tampa sales office and operate as a regional hub supporting sales, customer engagement, and business development activities related to software solutions and product procurement services offered to health and wellness clinics throughout the United States.

The lease commenced on September 15, 2025, with an initial term of one year and a monthly base rent of $4,078.67. In August 2025, the Company paid a security deposit of $4,221.42 to secure the lease, and Primecare Supply, LLC commenced occupancy of the leased premises on September 15, 2025. The Tampa location is not designated as the corporate headquarters or principal executive offices of Global Technologies, LTD or Primecare Supply, LLC.

The lease was entered into to support the expansion of the Company’s sales operations and is classified as an operating lease. Lease expense is recognized on a straight-line basis over the term of the lease.

Employment and Director Agreements

On November 22, 2024, the Company entered into an Executive Employment Agreement with H. Wyatt Flippen, the Company’s Chief Executive Officer. Pursuant to the agreement, Mr. Flippen is entitled to receive a base salary of $8,500 per month and $125,000 worth of Series N Preferred Stock. The agreement has an initial term of one year and renews automatically for successive one-year terms unless terminated by either party in accordance with its terms. As of March 31, 2026 and June 30, 2025, accrued compensation due to Mr. Flippen was $42,500 and $17,000, respectively.

On November 17, 2025, the Company entered into an Executive Employment Agreement with Fredrick K. Cutcher, who serves as Managing Director of Primecare Supply, LLC, a wholly owned subsidiary of the Company, and as a member of the Company’s Board of Directors. Pursuant to the agreement, Mr. Cutcher is entitled to receive a base salary of $10,000 per month, and may be eligible for discretionary bonuses, profit participation, relocation assistance, employee benefits, and expense reimbursement, subject to the terms of the agreement and any applicable addenda approved by the Company.

Mr. Cutcher’s agreement has an initial term of one year and renews automatically for successive one-year terms unless either party provides at least 30 days’ written notice of non-renewal. Either party may terminate the agreement upon 30 days’ written notice. The agreement contains customary confidentiality, intellectual property assignment, and restrictive covenant provisions.

GLOBAL TECHNOLOGIES, LTD

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

For the nine months ended March 31, 2026 and 2024

(Unaudited)