{"url_path":"/sec/gtll/10-q/2026/item-1","section_key":"item-1","section_title":"Item 1 Legal Proceedings**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-06-03","source_url":"https://www.sec.gov/Archives/edgar/data/932021/0001493152-26-027072-index.html","accession_number":"0001493152-26-027072","cik":"0000932021","ticker":"GTLL","issuer_name":"GLOBAL TECHNOLOGIES LTD","edgar_url":"https://www.sec.gov/Archives/edgar/data/932021/0001493152-26-027072-index.html","primary_entity_key":"0000932021","primary_entity_name":"GLOBAL TECHNOLOGIES LTD"},"word_count":134,"has_tables":true,"body_markdown":"**Item\n1. Legal Proceedings**\n\n \n\nFrom\ntime to time, the Company may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business.\nWhen the Company is aware of a claim or potential claim, it assesses the likelihood of any loss or exposure. If it is probable that a\nloss will result and the amount of the loss can be reasonably estimated, the Company will record a liability for the loss. In addition\nto the estimated loss, the liability includes probable and estimable legal cost associated with the claim or potential claim. Litigation\nis subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm the Company\nbusiness. There is no pending litigation involving the Company at this time."}