10-Q Filing

GLUCOSE HEALTH, INC. CIK: 1420108 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001477932-17-005517`
Period End Date	20170930
Filing Date	20171114
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	gluc-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 64 Cash Flow Statement 47

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`	$105.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$16.64K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$2.06K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$20.54K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$9.11K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$11.72K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1,000.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$639.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$417.00	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
Total current assets	`AssetsCurrent`	$26.16K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$32.91K	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
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 $105 and $60, respectively	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$240.00	USD	Point-in-time
Intellectual assets, net of accumulated amortization of $105 and $60, respectively	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$195.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$33.15K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$26.35K	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`	4.52M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.31M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$78.28K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$138.13K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	4.52M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.31M	shares	Point-in-time
Accrued interest	`AccruedLiabilitiesCurrent`	$41.43K	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`	$10.00K	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`	$159.22K	USD	Point-in-time
Other notes payable	`OtherNotesPayableCurrent`	$16.50K	USD	Point-in-time
Other notes payable	`OtherNotesPayableCurrent`	$35.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$452.58K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$528.59K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$452.58K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$528.59K	USD	Point-in-time
Preferred stock, no par value, 1,000 shares authorized, 1,000 shares issued and outstanding as of September 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 September 30, 2017 and December 31, 2016	`PreferredStockValue`	$113.20K	USD	Point-in-time
Common stock, $0.001 par value, 200,000,000 shares authorized, 4,515,810 and 3,312,273 shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$4.52K	USD	Point-in-time
Common stock, $0.001 par value, 200,000,000 shares authorized, 4,515,810 and 3,312,273 shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$3.31K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$5.69M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$5.72M	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`	$-6.25M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.21M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-426.23K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-495.45K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$26.35K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$33.15K	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`SalesRevenueGoodsNet`	$72.94K	USD	3 Qtrs
REVENUE	`SalesRevenueGoodsNet`	$23.78K	USD	1 Quarter
REVENUE	`SalesRevenueGoodsNet`	$298.04K	USD	3 Qtrs
REVENUE	`SalesRevenueGoodsNet`	$2.11K	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$279.26K	USD	3 Qtrs
Cost of revenues	`CostOfRevenue`	$790.00	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$15.70K	USD	3 Qtrs
Cost of revenues	`CostOfRevenue`	$4.73K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$18.78K	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$22.99K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$-2.62K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$57.24K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$13.66K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$39.19K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$14.70K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$33.66K	USD	3 Qtrs
stock based compensation	`ShareBasedCompensation`	$1.88K	USD	1 Quarter
stock based compensation	`ShareBasedCompensation`	$1.88K	USD	3 Qtrs
stock based compensation	`ShareBasedCompensation`	-	USD	1 Quarter
stock based compensation	`ShareBasedCompensation`	$906.00	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$45.04K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$24.74K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$36.36K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.69K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$64.84K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$18.36K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$80.58K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$52.93K	USD	1 Quarter
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$-7.60K	USD	3 Qtrs
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$-61.80K	USD	3 Qtrs
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$-55.56K	USD	1 Quarter
INCOME (LOSS) FROM OPERATIONS	`OperatingIncomeLoss`	$4.63K	USD	1 Quarter
Interest income (expense)	`InterestExpense`	$5.72K	USD	1 Quarter
Interest income (expense)	`InterestExpense`	$11.51K	USD	3 Qtrs
Interest income (expense)	`InterestExpense`	$105.26K	USD	1 Quarter
Interest income (expense)	`InterestExpense`	$224.56K	USD	3 Qtrs
Gain on forgiveness of accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	1 Quarter
Gain on forgiveness of accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	3 Qtrs
Gain on forgiveness of accounts payable	`IncreaseDecreaseInAccountsPayable`	$-19.85K	USD	1 Quarter
Gain on forgiveness of accounts payable	`IncreaseDecreaseInAccountsPayable`	$-58.13K	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$46.62K	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$14.13K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-224.56K	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-105.26K	USD	1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$18.77K	USD	1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-160.82K	USD	1 Quarter
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-286.36K	USD	3 Qtrs
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$39.02K	USD	3 Qtrs
PROVISION FOR (BENEFIT FROM) INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
PROVISION FOR (BENEFIT FROM) INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR (BENEFIT FROM) INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR (BENEFIT FROM) INCOME TAXES	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$18.77K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$39.02K	USD	3 Qtrs
NET INCOME (LOSS)	`NetIncomeLoss`	$-160.82K	USD	1 Quarter
NET INCOME (LOSS)	`NetIncomeLoss`	$-286.36K	USD	3 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasic`	4.15M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasic`	3.74M	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasic`	2.61M	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING BASIC AND DILUTED	`WeightedAverageNumberOfSharesOutstandingBasic`	2.88M	shares	1 Quarter
NET INCOME (LOSS) PER SHARE - BASIC AND DILUTED	`EarningsPerShareBasic`	$-0.06	USD	1 Quarter
NET INCOME (LOSS) PER SHARE - BASIC AND DILUTED	`EarningsPerShareBasic`	$-0.11	USD	3 Qtrs
NET INCOME (LOSS) PER SHARE - BASIC AND DILUTED	`EarningsPerShareBasic`	-	USD	1 Quarter
NET INCOME (LOSS) PER SHARE - BASIC AND DILUTED	`EarningsPerShareBasic`	$0.01	USD	3 Qtrs

Cash Flow Statement 47 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$18.77K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$39.02K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-160.82K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-286.36K	USD	3 Qtrs
Amortization of note discount	`AmortizationOfDebtDiscountPremium`	-	USD	3 Qtrs
Amortization of note discount	`AmortizationOfDebtDiscountPremium`	$201.90K	USD	3 Qtrs
Amortization of intangible asset	`AmortizationOfIntangibleAssets`	$45.00	USD	3 Qtrs
Amortization of intangible asset	`AmortizationOfIntangibleAssets`	-	USD	3 Qtrs
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$-906.00	USD	3 Qtrs
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$-1.88K	USD	3 Qtrs
Bad debt expense	`BadDebtExpense`	-	USD	3 Qtrs
Bad debt expense	`BadDebtExpense`	$3.15K	USD	3 Qtrs
Gain on settlement of accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	1 Quarter
Gain on settlement of accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	3 Qtrs
Gain on settlement of accounts payable	`IncreaseDecreaseInAccountsPayable`	$-19.85K	USD	1 Quarter
Gain on settlement of accounts payable	`IncreaseDecreaseInAccountsPayable`	$-58.13K	USD	3 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-221.00	USD	3 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.59K	USD	3 Qtrs
Decrease in inventory	`IncreaseDecreaseInInventories`	-	USD	3 Qtrs
Decrease in inventory	`IncreaseDecreaseInInventories`	$-1.95K	USD	3 Qtrs
Decrease (increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$531.00	USD	3 Qtrs
Decrease (increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$331.00	USD	3 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$53.64K	USD	3 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.42K	USD	3 Qtrs
Total adjustments	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$250.45K	USD	3 Qtrs
Total adjustments	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-52.92K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-13.91K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-35.92K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Proceeds from notes and loans payable	`ProceedsFromNotesPayable`	$128.50K	USD	3 Qtrs
Proceeds from notes and loans payable	`ProceedsFromNotesPayable`	$33.50K	USD	3 Qtrs
Payments on notes and loans payable	`RepaymentsOfNotesPayable`	$23.50K	USD	3 Qtrs
Payments on notes and loans payable	`RepaymentsOfNotesPayable`	$71.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$57.50K	USD	3 Qtrs
NET (DECREASE) INCREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.91K	USD	3 Qtrs
NET (DECREASE) INCREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$21.58K	USD	3 Qtrs
CASH - BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$16.64K	USD	Point-in-time
CASH - BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.06K	USD	Point-in-time
CASH - BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$20.54K	USD	Point-in-time
CASH - END OF PERIOD	`CashEquivalentsAtCarryingValue`	$16.64K	USD	Point-in-time
CASH - END OF PERIOD	`CashEquivalentsAtCarryingValue`	$23.64K	USD	Point-in-time
Beneficial conversion feature	`BeneficialConversionFeature`	-	USD	3 Qtrs
Beneficial conversion feature	`BeneficialConversionFeature`	$294.72K	USD	3 Qtrs
Conversion of notes payable and accrued interest to common stock	`DebtConversionConvertedInstrumentAmount1`	$451.00	USD	3 Qtrs
Conversion of notes payable and accrued interest to common stock	`DebtConversionConvertedInstrumentAmount1`	$29.29K	USD	3 Qtrs

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