10-Q Filing

GLUCOSE HEALTH, INC. CIK: 1420108 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001477932-17-002253`
Period End Date	20170331
Filing Date	20170515
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	gluc-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 28 Cash Flow Statement 35

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Net of accumulated amortization	`AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts`	$60.00	USD	Point-in-time
Net of accumulated amortization	`AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts`	$75.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$9.01K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$20.54K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.06K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1,000.00	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1,000.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$11.72K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	1,000.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$9.63K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	1,000.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1,000.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1,000.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$639.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$32.91K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.64K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.31M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.42M	shares	Point-in-time
Intellectual assets, net of accumulated amortization of $75 and $60, respectively	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$225.00	USD	Point-in-time
Intellectual assets, net of accumulated amortization of $75 and $60, respectively	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$240.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$33.15K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$18.86K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.42M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.31M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$152.29K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$138.13K	USD	Point-in-time
Accrued interest	`AccruedLiabilitiesCurrent`	$39.16K	USD	Point-in-time
Accrued interest	`AccruedLiabilitiesCurrent`	$38.63K	USD	Point-in-time
Notes payable, related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$35.00K	USD	Point-in-time
Notes payable, related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$35.00K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$5.00K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$5.00K	USD	Point-in-time
Convertible notes payable, related party	`ConvertibleNotesPayableCurrent`	$112.16K	USD	Point-in-time
Convertible notes payable, related party	`ConvertibleNotesPayableCurrent`	$112.16K	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayable`	$164.67K	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayable`	$163.82K	USD	Point-in-time
Other notes payable	`OtherNotesPayableCurrent`	$35.00K	USD	Point-in-time
Other notes payable	`OtherNotesPayableCurrent`	$35.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$528.59K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$542.43K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$528.59K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$542.43K	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, no par value, 1,000 shares authorized, 1,000 shares issued and outstanding as of March 31, 2017 and December 31, 2016	`PreferredStockValue`	$113.20K	USD	Point-in-time
Preferred stock, no par value, 1,000 shares authorized, 1,000 shares issued and outstanding as of March 31, 2017 and December 31, 2016	`PreferredStockValue`	$113.20K	USD	Point-in-time
Common stock, $0.001 par value, 200,000,000 shares authorized, 3,423,487 and 3,312,273 shares issued and outstanding as of March 31, 2017 and December 31, 2016, respectively	`CommonStockValue`	$3.31K	USD	Point-in-time
Common stock, $0.001 par value, 200,000,000 shares authorized, 3,423,487 and 3,312,273 shares issued and outstanding as of March 31, 2017 and December 31, 2016, respectively	`CommonStockValue`	$3.42K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$5.69M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$5.69M	USD	Point-in-time
Stock subscription	`CommonStockSharesSubscriptions`	$23.00K	USD	Point-in-time
Stock subscription	`CommonStockSharesSubscriptions`	$23.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-75.28K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-75.28K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.28M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.25M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-523.57K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-495.45K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$18.86K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$33.15K	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`SalesRevenueGoodsNet`	$120.00	USD	1 Quarter
REVENUE	`SalesRevenueGoodsNet`	$15.11K	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$60.00	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$14.64K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$473.00	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$60.00	USD	1 Quarter
Professional fees	`ProfessionalFees`	$16.30K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$9.42K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.92K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.49K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$12.34K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$28.79K	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-12.28K	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-28.31K	USD	1 Quarter
Interest income (expense)	`InterestExpense`	$16.99K	USD	1 Quarter
Interest income (expense)	`InterestExpense`	$696.00	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-16.99K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-696.00	USD	1 Quarter
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-29.01K	USD	1 Quarter
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-29.26K	USD	1 Quarter
PROVISION FOR (BENEFIT FROM) INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR (BENEFIT FROM) INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-29.26K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-29.01K	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasic`	3.34M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasic`	2.50M	shares	1 Quarter
NET LOSS PER SHARE - BASIC AND DILUTED	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
NET LOSS PER SHARE - BASIC AND DILUTED	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter

Cash Flow Statement 35 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-29.26K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-29.01K	USD	1 Quarter
Amortization of note discount	`AmortizationOfDebtDiscountPremium`	$6.88K	USD	1 Quarter
Amortization of note discount	`AmortizationOfDebtDiscountPremium`	-	USD	1 Quarter
Amortization of intangible asset	`AmortizationOfIntangibleAssets`	$15.00	USD	1 Quarter
Amortization of intangible asset	`AmortizationOfIntangibleAssets`	-	USD	1 Quarter
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.09K	USD	1 Quarter
Decrease (Increase) in inventory	`IncreaseDecreaseInInventories`	-	USD	1 Quarter
Decrease (Increase) in inventory	`IncreaseDecreaseInInventories`	$-60.00	USD	1 Quarter
(Increase) Decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$36.39K	USD	1 Quarter
(Increase) Decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$-639.00	USD	1 Quarter
Increase (Decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$10.11K	USD	1 Quarter
Increase (Decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$14.73K	USD	1 Quarter
Total adjustments	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-19.35K	USD	1 Quarter
Total adjustments	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$17.48K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-48.61K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.53K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Proceeds from notes and loans payable	`ProceedsFromNotesPayable`	$48.50K	USD	1 Quarter
Proceeds from notes and loans payable	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$48.50K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
NET DECREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-11.53K	USD	1 Quarter
NET DECREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-109.00	USD	1 Quarter
CASH - BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$9.01K	USD	Point-in-time
CASH - BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$20.54K	USD	Point-in-time
CASH - BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.06K	USD	Point-in-time
CASH - END OF PERIOD	`CashEquivalentsAtCarryingValue`	$1.95K	USD	Point-in-time
CASH - END OF PERIOD	`CashEquivalentsAtCarryingValue`	$9.01K	USD	Point-in-time
Beneficial conversion feature	`BeneficialConversionFeature`	-	USD	1 Quarter
Beneficial conversion feature	`BeneficialConversionFeature`	$13.50K	USD	1 Quarter
Conversion of notes payable and accrued interest to common stock	`DebtConversionConvertedInstrumentAmount1`	$13.50K	USD	1 Quarter
Conversion of notes payable and accrued interest to common stock	`DebtConversionConvertedInstrumentAmount1`	$890.00	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.