10-K Filing

GLOBAL WARMING SOLUTIONS, INC. CIK: 1430300 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0001477932-21-001405`
Period End Date	20201231
Filing Date	20210312
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	gwso-20201231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 38 Income Statement 30 Cash Flow Statement 36 Stockholders Equity 13

Balance Sheet 38 line items

Line Item	Tag	Value	Unit	Period
Common stock, shares par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.45K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.68K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.45K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	29.41M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.34M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$11.68K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24.34M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$63.89K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	29.41M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$97.22K	USD	Point-in-time
Total assets	`Assets`	$76.34K	USD	Point-in-time
Total assets	`Assets`	$108.90K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$24.12K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$10.17K	USD	Point-in-time
Due to shareholder	`DueToOfficersOrStockholdersCurrent`	$1.33K	USD	Point-in-time
Due to shareholder	`DueToOfficersOrStockholdersCurrent`	$531.31K	USD	Point-in-time
Reserve for legal settlements	`ReserveForLegalSettlements`	$16.04K	USD	Point-in-time
Reserve for legal settlements	`ReserveForLegalSettlements`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$555.43K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$27.54K	USD	Point-in-time
Total Liabilities	`Liabilities`	$27.54K	USD	Point-in-time
Total Liabilities	`Liabilities`	$555.43K	USD	Point-in-time
Common stock, $0.001 par value, voting; 1,500,000,000 shares authorized; 24,335,390 and 29,405,000 shares issued, and outstanding, as of December 31, 2020 and 2019, respectively.	`CommonStockValue`	$29.41K	USD	Point-in-time
Common stock, $0.001 par value, voting; 1,500,000,000 shares authorized; 24,335,390 and 29,405,000 shares issued, and outstanding, as of December 31, 2020 and 2019, respectively.	`CommonStockValue`	$24.34K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.87M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$3.25M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.23M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.34M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-388.87K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-446.53K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$48.80K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$108.90K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$76.34K	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$181.34K	USD	Annual
Sales	`Revenues`	$61.87K	USD	Annual
Total Cost of Sales	`CostOfRevenue`	$133.03K	USD	Annual
Total Cost of Sales	`CostOfRevenue`	$51.55K	USD	Annual
Gross Profit	`GrossProfit`	$48.31K	USD	Annual
Gross Profit	`GrossProfit`	$10.31K	USD	Annual
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$290.00	USD	Annual
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$2.12K	USD	Annual
Professional fees	`ProfessionalFees`	$40.58K	USD	Annual
Professional fees	`ProfessionalFees`	$4.20K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	-	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$820.10K	USD	Annual
Marketing & advertising	`MarketingAndAdvertisingExpense`	-	USD	Annual
Marketing & advertising	`MarketingAndAdvertisingExpense`	$413.00	USD	Annual
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$2.78K	USD	Annual
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$33.33K	USD	Annual
Total operating expenses	`OperatingExpenses`	$896.54K	USD	Annual
Total operating expenses	`OperatingExpenses`	$7.27K	USD	Annual
Income (Loss) from operations	`OperatingIncomeLoss`	$3.04K	USD	Annual
Income (Loss) from operations	`OperatingIncomeLoss`	$-848.23K	USD	Annual
Other income (expense)	`OtherNoncashIncomeExpense`	$-28.67K	USD	Annual
Other income (expense)	`OtherNoncashIncomeExpense`	$-38.10K	USD	Annual
Net (loss)	`NetIncomeLoss`	$-886.34K	USD	Annual
Net (loss)	`NetIncomeLoss`	$-25.62K	USD	Annual
Income(Loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	-	USD	Annual
Income(Loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.04	USD	Annual
Income(Loss) per share	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
Income(Loss) per share	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	Annual
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	24.34M	shares	Annual
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	29.41M	shares	Annual

Cash Flow Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net (Loss)	`NetIncomeLoss`	$-886.34K	USD	Annual
Net (Loss)	`NetIncomeLoss`	$-25.62K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	-	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$820.10K	USD	Annual
Imputed Interest	`ImputedInterest`	$4.00	USD	Annual
Imputed Interest	`ImputedInterest`	$863.00	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.78K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$33.33K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.41K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-13.95K	USD	Annual
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$30.95K	USD	Annual
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$28.67K	USD	Annual
Reserve for settlements	`ReserveForSettlements`	-	USD	Annual
Reserve for settlements	`ReserveForSettlements`	$16.04K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.00K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$12.24K	USD	Annual
Due to related party	`RepaymentsOfRelatedPartyDebt`	$557.00	USD	Annual
Due to related party	`RepaymentsOfRelatedPartyDebt`	$232.00	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-232.00	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-557.00	USD	Annual
Net change in cash	`CashPeriodIncreaseDecrease`	$768.00	USD	Annual
Net change in cash	`CashPeriodIncreaseDecrease`	$11.68K	USD	Annual
Cash at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$12.45K	USD	Point-in-time
Cash at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$11.68K	USD	Point-in-time
Cash as of December 31,	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash as of December 31,	`CashAndCashEquivalentsAtCarryingValue`	$12.45K	USD	Point-in-time
Cash as of December 31,	`CashAndCashEquivalentsAtCarryingValue`	$11.68K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	Annual
Cash paid for interest	`InterestPaidNet`	-	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Convertible note for intangible assets	`ConvertibleNoteForIntangibleAssets`	-	USD	Annual
Convertible note for intangible assets	`ConvertibleNoteForIntangibleAssets`	$100.00K	USD	Annual
Debt converted into common shares	`DebtConvertedIntoCommonShares`	$561.80K	USD	Annual
Debt converted into common shares	`DebtConvertedIntoCommonShares`	-	USD	Annual

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance, amount	`StockholdersEquity`	$-388.87K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-446.53K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$48.80K	USD	Point-in-time
Imputed Interest	`PaidInKindInterest`	$4.00	USD	Annual
Imputed Interest	`PaidInKindInterest`	$1.37K	USD	Annual
Net loss	`NetIncomeLoss`	$-886.34K	USD	Annual
Net loss	`NetIncomeLoss`	$-25.62K	USD	Annual
Stock issued from convertible notes, amount	`StockIssuedFromConvertibleNotesAmount`	$560.20K	USD	Annual
Stock issued as compensation, amount	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.44M	USD	Annual
Stock cancelled, amount	`StockCancelledAmount`	-	USD	Annual
Balance, amount	`StockholdersEquity`	$-388.87K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-446.53K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$48.80K	USD	Point-in-time

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