10-Q Filing

GLOBAL WARMING SOLUTIONS, INC. CIK: 1430300 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001477932-21-008141`
Period End Date	20210930
Filing Date	20211115
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	gwso_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 49 Income Statement 63 Cash Flow Statement 52 Stockholders Equity 17

Balance Sheet 49 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	`CashEquivalentsAtCarryingValue`	$680.10K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Cash and cash equivalents	`CashEquivalentsAtCarryingValue`	$12.45K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$24.92K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	17.55M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.34M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	17.55M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$705.03K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24.34M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$12.45K	USD	Point-in-time
Furniture & Equipment, net	`FurnitureAndFixturesGross`	$31.46K	USD	Point-in-time
Furniture & Equipment, net	`FurnitureAndFixturesGross`	-	USD	Point-in-time
Leasehold improvements, net	`LeaseholdImprovementsGross`	-	USD	Point-in-time
Leasehold improvements, net	`LeaseholdImprovementsGross`	$21.66K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$63.89K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$8.00K	USD	Point-in-time
Investment in Green Holistic	`InvestmentInGreenHolistic`	$71.80K	USD	Point-in-time
Investment in Green Holistic	`InvestmentInGreenHolistic`	-	USD	Point-in-time
Deposits	`DepositAssetsPresentValueOfExpectedRecoveries`	-	USD	Point-in-time
Deposits	`DepositAssetsPresentValueOfExpectedRecoveries`	$11.80K	USD	Point-in-time
Total assets	`Assets`	$849.75K	USD	Point-in-time
Total assets	`Assets`	$76.34K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$10.17K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.50K	USD	Point-in-time
Due to shareholder	`DueToOfficersOrStockholdersCurrent`	$1.33K	USD	Point-in-time
Due to shareholder	`DueToOfficersOrStockholdersCurrent`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$31.44K	USD	Point-in-time
Reserve for legal settlements	`ReserveForLegalSettlements`	-	USD	Point-in-time
Reserve for legal settlements	`ReserveForLegalSettlements`	$16.04K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$27.54K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$32.94K	USD	Point-in-time
Total Liabilities	`Liabilities`	$32.94K	USD	Point-in-time
Total Liabilities	`Liabilities`	$27.54K	USD	Point-in-time
Common stock, $0.001 par value, voting; 200,000,000 shares authorized; 17,547,505 and 24,335,390 shares issued, and outstanding, as of September 30, 2021 and December 31, 2020, respectively.	`CommonStockValue`	$17.55K	USD	Point-in-time
Common stock, $0.001 par value, voting; 200,000,000 shares authorized; 17,547,505 and 24,335,390 shares issued, and outstanding, as of September 30, 2021 and December 31, 2020, respectively.	`CommonStockValue`	$24.34K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$4.50M	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`	$-3.70M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$48.80K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-446.53K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$816.80K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$849.75K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$76.34K	USD	Point-in-time

Income Statement 63 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$119.13K	USD	3 Qtrs
Sales	`Revenues`	-	USD	1 Quarter
Sales	`Revenues`	$50.45K	USD	1 Quarter
Sales	`Revenues`	$101.72K	USD	3 Qtrs
Cost of Sales	`CostOfSales`	$36.70K	USD	1 Quarter
Cost of Sales	`CostOfSales`	$72.84K	USD	3 Qtrs
Cost of Sales	`CostOfSales`	-	USD	1 Quarter
Cost of Sales	`CostOfSales`	$89.62K	USD	3 Qtrs
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	$29.51K	USD	3 Qtrs
Gross Profit	`GrossProfit`	$13.76K	USD	1 Quarter
Gross Profit	`GrossProfit`	$28.89K	USD	3 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrative`	$16.70K	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrative`	$1.45K	USD	3 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrative`	$797.00	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrative`	$181.61K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$19.23K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$11.39K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$104.74K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$132.91K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$27.42K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$27.42K	USD	3 Qtrs
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$25.00K	USD	3 Qtrs
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$15.78K	USD	3 Qtrs
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$3.95K	USD	1 Quarter
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$8.33K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$45.67K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$20.52K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$152.80K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$357.71K	USD	3 Qtrs
Income (Loss) from operations	`OperatingIncomeLoss`	$-328.82K	USD	3 Qtrs
Income (Loss) from operations	`OperatingIncomeLoss`	$-16.17K	USD	3 Qtrs
Income (Loss) from operations	`OperatingIncomeLoss`	$-152.80K	USD	1 Quarter
Income (Loss) from operations	`OperatingIncomeLoss`	$-6.77K	USD	1 Quarter
Derivative expense	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Derivative expense	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Derivative expense	`DerivativeGainLossOnDerivativeNet`	-	USD	3 Qtrs
Derivative expense	`DerivativeGainLossOnDerivativeNet`	$-163.64K	USD	3 Qtrs
Gain on settlement of debt	`NondebtorReorganizationItemsNetGainLossOnSettlementOfOtherClaims1`	$-9.82K	USD	1 Quarter
Gain on settlement of debt	`NondebtorReorganizationItemsNetGainLossOnSettlementOfOtherClaims1`	$16.84K	USD	3 Qtrs
Gain on settlement of debt	`NondebtorReorganizationItemsNetGainLossOnSettlementOfOtherClaims1`	$-31.93K	USD	3 Qtrs
Gain on settlement of debt	`NondebtorReorganizationItemsNetGainLossOnSettlementOfOtherClaims1`	-	USD	1 Quarter
Net income (loss) before before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-152.80K	USD	1 Quarter
Net income (loss) before before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-16.59K	USD	1 Quarter
Net income (loss) before before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-48.10K	USD	3 Qtrs
Net income (loss) before before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-475.63K	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-475.63K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-48.10K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-152.80K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-16.59K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-886.34K	USD	Annual
Income (loss) per share	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	3 Qtrs
Income (loss) per share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Income (loss) per share	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Income (loss) per share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	32.83M	shares	1 Quarter
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	23.07M	shares	3 Qtrs
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	29.94M	shares	3 Qtrs
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	20.05M	shares	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net (Loss)	`NetIncomeLoss`	$-475.63K	USD	3 Qtrs
Net (Loss)	`NetIncomeLoss`	$-48.10K	USD	3 Qtrs
Net (Loss)	`NetIncomeLoss`	$-152.80K	USD	1 Quarter
Net (Loss)	`NetIncomeLoss`	$-16.59K	USD	1 Quarter
Net (Loss)	`NetIncomeLoss`	$-886.34K	USD	Annual
Imputed Interest	`ImputedInterest`	$360.00	USD	3 Qtrs
Imputed Interest	`ImputedInterest`	-	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$25.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.78K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.95K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.33K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-24.92K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-13.35K	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	-	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$24.93K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	-	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$134.00	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$31.44K	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	-	USD	3 Qtrs
Reserve for settlements	`ReserveForSettlements`	$-16.04K	USD	3 Qtrs
Reserve for settlements	`ReserveForSettlements`	$16.04K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.02K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-479.37K	USD	3 Qtrs
Acquisition of property, plant and equipment	`PropertyPlantAndEquipmentAdditions`	$68.61K	USD	3 Qtrs
Acquisition of property, plant and equipment	`PropertyPlantAndEquipmentAdditions`	-	USD	3 Qtrs
Acquisition of intangible assets	`FinitelivedIntangibleAssetsAcquired1`	$16.20K	USD	3 Qtrs
Deposits	`IncreaseDecreaseInOtherDeposits`	$-11.80K	USD	3 Qtrs
Net cash received in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-96.61K	USD	3 Qtrs
Convertible note	`ConvertibleNote`	-	USD	3 Qtrs
Convertible note	`ConvertibleNote`	$-29.00K	USD	3 Qtrs
Proceeds from issuance of stock, net	`ProceedsFromDebtNetOfIssuanceCosts`	$29.00K	USD	3 Qtrs
Proceeds from issuance of stock, net	`ProceedsFromDebtNetOfIssuanceCosts`	$1.37M	USD	3 Qtrs
Funds used to repurchase stock	`FundsUsedToRepurchaseStock`	-	USD	3 Qtrs
Funds used to repurchase stock	`FundsUsedToRepurchaseStock`	$-130.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.24M	USD	3 Qtrs
Net change in cash	`CashPeriodIncreaseDecrease`	$5.02K	USD	3 Qtrs
Net change in cash	`CashPeriodIncreaseDecrease`	$667.65K	USD	3 Qtrs
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$680.10K	USD	Point-in-time
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$16.70K	USD	Point-in-time
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$11.68K	USD	Point-in-time
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$12.45K	USD	Point-in-time
Cash, ending of the period	`CashAndCashEquivalentsAtCarryingValue`	$680.10K	USD	Point-in-time
Cash, ending of the period	`CashAndCashEquivalentsAtCarryingValue`	$16.70K	USD	Point-in-time
Cash, ending of the period	`CashAndCashEquivalentsAtCarryingValue`	$11.68K	USD	Point-in-time
Cash, ending of the period	`CashAndCashEquivalentsAtCarryingValue`	$12.45K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Balance, amount	`StockholdersEquity`	$48.80K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-446.53K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$816.80K	USD	Point-in-time
Imputed interest	`PaidInKindInterest`	$360.00	USD	Annual
Stock issued from convertible notes, amount	`StockIssuedFromConvertibleNotesAmount`	$561.20K	USD	Annual
Stock issued as compensation, amount	`StockIssuedDuringPeriodValueShareBasedCompensation`	$820.10K	USD	Annual
Stock cancelled, amount	`StockCancelledAmount`	-	USD	Annual
Net loss	`NetIncomeLoss`	$-475.63K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-48.10K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-152.80K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-16.59K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-886.34K	USD	Annual
Stock issued for cash, amount	`StockIssuedDuringPeriodValueNewIssues`	$1.37M	USD	3 Qtrs
Stock repurchased for cash, amount	`StockRepurchasedForCashAmount`	$-130.00K	USD	3 Qtrs
Balance, amount	`StockholdersEquity`	$48.80K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-446.53K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$816.80K	USD	Point-in-time

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