10-Q Filing

GLUCOSE HEALTH, INC. CIK: 1420108 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001477932-17-004075`
Period End Date	20170630
Filing Date	20170821
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	gluc-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 67 Income Statement 58 Cash Flow Statement 48

Balance Sheet 67 line items

Line Item	Tag	Value	Unit	Period
Net of accumulated amortization	`AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts`	$90.00	USD	Point-in-time
Net of accumulated amortization	`AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts`	$60.00	USD	Point-in-time
Preferred stock, Par value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$18.31K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$20.54K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.06K	USD	Point-in-time
Preferred stock, Par value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1,000.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$11.72K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$8.79K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1,000.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	1,000.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$639.00	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	1,000.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$32.91K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$27.11K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1,000.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1,000.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Intellectual assets, net of accumulated amortization of $90 and $60, respectively	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$210.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Intellectual assets, net of accumulated amortization of $90 and $60, respectively	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$240.00	USD	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
TOTAL ASSETS	`Assets`	$27.32K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$33.15K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.98M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.98M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.31M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$98.13K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$138.13K	USD	Point-in-time
Accrued interest	`AccruedLiabilitiesCurrent`	$38.00K	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`	$15.00K	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`	$161.82K	USD	Point-in-time
Other notes payable	`OtherNotesPayableCurrent`	$35.00K	USD	Point-in-time
Other notes payable	`OtherNotesPayableCurrent`	$16.50K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$476.61K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$528.59K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$476.61K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$528.59K	USD	Point-in-time
COMMITMENT AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENT AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, no par value, 1,000 shares authorized, 1,000 shares issued and outstanding as of June 30, 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 June 30, 2017 and December 31, 2016	`PreferredStockValue`	$113.20K	USD	Point-in-time
Common stock, $0.001 par value, 200,000,000 shares authorized, 3,979,792 and 3,312,273 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$3.98K	USD	Point-in-time
Common stock, $0.001 par value, 200,000,000 shares authorized, 3,979,792 and 3,312,273 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$3.31K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$5.71M	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`	$-6.23M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.25M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-449.29K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-495.45K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$33.15K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$27.32K	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`SalesRevenueGoodsNet`	$295.81K	USD	1 Quarter
REVENUE	`SalesRevenueGoodsNet`	$34.05K	USD	1 Quarter
REVENUE	`SalesRevenueGoodsNet`	$49.16K	USD	2 Qtrs
REVENUE	`SalesRevenueGoodsNet`	$295.93K	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$274.46K	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$272.00	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$14.91K	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$274.52K	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$21.41K	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$21.34K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$33.77K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$34.25K	USD	2 Qtrs
Professional fees/stock based compensation	`ProfessionalFees`	$10.14K	USD	1 Quarter
Professional fees/stock based compensation	`ProfessionalFees`	$18.96K	USD	2 Qtrs
Professional fees/stock based compensation	`ProfessionalFees`	$26.44K	USD	2 Qtrs
Professional fees/stock based compensation	`ProfessionalFees`	$9.55K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$20.05K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.56K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.68K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.77K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$17.70K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$27.65K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$46.48K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$15.31K	USD	1 Quarter
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$6.03K	USD	1 Quarter
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$-12.24K	USD	2 Qtrs
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$16.08K	USD	1 Quarter
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$-6.24K	USD	2 Qtrs
Interest income (expense)	`InterestExpense`	$5.10K	USD	1 Quarter
Interest income (expense)	`InterestExpense`	$119.30K	USD	2 Qtrs
Interest income (expense)	`InterestExpense`	$5.79K	USD	2 Qtrs
Interest income (expense)	`InterestExpense`	$93.40K	USD	1 Quarter
Gain on forgiveness of accounts payable	`IncreaseDecreaseInAccountsPayable`	$38.28K	USD	1 Quarter
Gain on forgiveness of accounts payable	`IncreaseDecreaseInAccountsPayable`	$38.28K	USD	2 Qtrs
Gain on forgiveness of accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	2 Qtrs
Gain on forgiveness of accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$33.18K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$32.48K	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-93.40K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-119.30K	USD	2 Qtrs
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-87.37K	USD	1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.25K	USD	2 Qtrs
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-125.54K	USD	2 Qtrs
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$49.26K	USD	1 Quarter
PROVISION FOR (BENEFIT FROM) INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
PROVISION FOR (BENEFIT FROM) INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-125.54K	USD	2 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-87.37K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$20.25K	USD	2 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$49.26K	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasic`	3.53M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasic`	3.72M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasic`	2.55M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasic`	2.59M	shares	1 Quarter
NET INCOME (LOSS) PER SHARE - BASIC AND DILUTED	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
NET INCOME (LOSS) PER SHARE - BASIC AND DILUTED	`EarningsPerShareBasic`	$0.01	USD	2 Qtrs
NET INCOME (LOSS) PER SHARE - BASIC AND DILUTED	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
NET INCOME (LOSS) PER SHARE - BASIC AND DILUTED	`EarningsPerShareBasic`	$-0.05	USD	2 Qtrs

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-125.54K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-87.37K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$20.25K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$49.26K	USD	1 Quarter
Amortization of note discount	`AmortizationOfDebtDiscountPremium`	$108.16K	USD	2 Qtrs
Amortization of note discount	`AmortizationOfDebtDiscountPremium`	-	USD	2 Qtrs
Amortization of intangible asset	`AmortizationOfIntangibleAssets`	-	USD	2 Qtrs
Amortization of intangible asset	`AmortizationOfIntangibleAssets`	$30.00	USD	2 Qtrs
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$906.00	USD	2 Qtrs
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	2 Qtrs
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$906.00	USD	1 Quarter
Bad debt expense	`BadDebtExpense`	$3.15K	USD	2 Qtrs
Bad debt expense	`BadDebtExpense`	-	USD	2 Qtrs
Gain on settlement of accounts payable	`IncreaseDecreaseInAccountsPayable`	$38.28K	USD	1 Quarter
Gain on settlement of accounts payable	`IncreaseDecreaseInAccountsPayable`	$38.28K	USD	2 Qtrs
Gain on settlement of accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	2 Qtrs
Gain on settlement of accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	1 Quarter
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$165.20K	USD	2 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$221.00	USD	2 Qtrs
Decrease in inventory	`IncreaseDecreaseInInventories`	-	USD	2 Qtrs
Decrease in inventory	`IncreaseDecreaseInInventories`	$-60.00	USD	2 Qtrs
Decrease (increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$-639.00	USD	2 Qtrs
Decrease (increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$848.00	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$85.58K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.29K	USD	2 Qtrs
Total adjustments	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-32.48K	USD	2 Qtrs
Total adjustments	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$27.76K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-12.23K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-97.78K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Proceeds from notes and loans payable	`ProceedsFromNotesPayable`	$123.50K	USD	2 Qtrs
Proceeds from notes and loans payable	`ProceedsFromNotesPayable`	$33.50K	USD	2 Qtrs
Payments on notes and loans payable	`PaymentsOnNotesAndLoansPayable`	-	USD	2 Qtrs
Payments on notes and loans payable	`PaymentsOnNotesAndLoansPayable`	$-23.50K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$123.50K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.00K	USD	2 Qtrs
NET (DECREASE) INCREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$25.72K	USD	2 Qtrs
NET (DECREASE) INCREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.23K	USD	2 Qtrs
CASH - BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$18.31K	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`	$27.77K	USD	Point-in-time
CASH - END OF PERIOD	`CashEquivalentsAtCarryingValue`	$18.31K	USD	Point-in-time
Beneficial conversion feature	`BeneficialConversionFeature`	$13.50K	USD	2 Qtrs
Beneficial conversion feature	`BeneficialConversionFeature`	-	USD	2 Qtrs
Conversion of notes payable and accrued interest to common stock	`DebtConversionConvertedInstrumentAmount1`	$25.00K	USD	2 Qtrs
Conversion of notes payable and accrued interest to common stock	`DebtConversionConvertedInstrumentAmount1`	$13.50K	USD	2 Qtrs

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