10-K Filing

GLOBAL WARMING SOLUTIONS, INC. CIK: 1430300 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001477932-22-002028`
Period End Date	20211231
Filing Date	20220404
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	gwso_10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 34 Cash Flow Statement 46 Stockholders Equity 15

Balance Sheet 50 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`	$840.64K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.45K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.68K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	17.60M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.34M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$12.11K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	17.60M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$852.75K	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`	-	USD	Point-in-time
Furniture & Equipment, net	`FurnitureAndFixturesGross`	$29.46K	USD	Point-in-time
Leasehold improvements, net	`LeaseholdImprovementsGross`	$19.84K	USD	Point-in-time
Leasehold improvements, net	`LeaseholdImprovementsGross`	-	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$63.89K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.93K	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	`DepositAssets`	-	USD	Point-in-time
Deposits	`DepositAssets`	$11.80K	USD	Point-in-time
Total assets	`Assets`	$76.34K	USD	Point-in-time
Total assets	`Assets`	$993.59K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.00K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$10.17K	USD	Point-in-time
Due to shareholder	`DueToOfficersOrStockholdersCurrent`	-	USD	Point-in-time
Due to shareholder	`DueToOfficersOrStockholdersCurrent`	$1.33K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$19.31K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	-	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`	$27.54K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.31K	USD	Point-in-time
Total Liabilities	`Liabilities`	$27.54K	USD	Point-in-time
Total Liabilities	`Liabilities`	$20.31K	USD	Point-in-time
Common stock, $0.001 par value, voting; 1,500,000,000 shares authorized; 17,604,705 and 24,335,390 shares issued, and outstanding, as of December 30, 2021 and December 31, 2020, respectively.	`CommonStockValue`	$24.34K	USD	Point-in-time
Common stock, $0.001 par value, voting; 1,500,000,000 shares authorized; 17,604,705 and 24,335,390 shares issued, and outstanding, as of December 30, 2021 and December 31, 2020, respectively.	`CommonStockValue`	$17.61K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$3.25M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$4.79M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.83M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.23M	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`	$973.28K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$76.34K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$993.59K	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$181.34K	USD	Annual
Sales	`Revenues`	$101.72K	USD	Annual
Cost of Sales	`CostOfRevenue`	$133.03K	USD	Annual
Cost of Sales	`CostOfRevenue`	$72.84K	USD	Annual
Gross Profit	`GrossProfit`	$48.31K	USD	Annual
Gross Profit	`GrossProfit`	$28.89K	USD	Annual
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$2.53K	USD	Annual
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$272.75K	USD	Annual
Professional fees	`ProfessionalFees`	$163.44K	USD	Annual
Professional fees	`ProfessionalFees`	$40.57K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$820.10K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	-	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$27.42K	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	-	USD	Annual
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$19.73K	USD	Annual
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$33.33K	USD	Annual
Total operating expenses	`OperatingExpenses`	$483.33K	USD	Annual
Total operating expenses	`OperatingExpenses`	$896.54K	USD	Annual
Income (Loss) from operations	`OperatingIncomeLoss`	$-848.23K	USD	Annual
Income (Loss) from operations	`OperatingIncomeLoss`	$-454.45K	USD	Annual
Derivative expense	`DerivativeGainLossOnDerivativeNet`	$-163.64K	USD	Annual
Derivative expense	`DerivativeGainLossOnDerivativeNet`	-	USD	Annual
Gain on settlement of debt	`NondebtorReorganizationItemsNetGainLossOnSettlementOfOtherClaims1`	$16.84K	USD	Annual
Gain on settlement of debt	`NondebtorReorganizationItemsNetGainLossOnSettlementOfOtherClaims1`	$-38.10K	USD	Annual
Net income (loss) before before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-601.25K	USD	Annual
Net income (loss) before before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-886.34K	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-886.34K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-601.25K	USD	Annual
Income (loss) per share	`EarningsPerSharesBasicAndDiluted`	$-0.03	USD	Annual
Income (loss) per share	`EarningsPerSharesBasicAndDiluted`	$-0.03	USD	Annual
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	29.22M	shares	Annual
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	23.41M	shares	Annual

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net (Loss)	`NetIncomeLoss`	$-886.34K	USD	Annual
Net (Loss)	`NetIncomeLoss`	$-601.25K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$820.10K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	-	USD	Annual
Imputed Interest	`ImputedInterest`	$863.00	USD	Annual
Imputed Interest	`ImputedInterest`	-	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.73K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$33.33K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-12.11K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-13.95K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.50K	USD	Annual
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	-	USD	Annual
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$30.95K	USD	Annual
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	-	USD	Annual
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$19.31K	USD	Annual
Reserve for settlements	`ReserveForSettlements`	$-16.04K	USD	Annual
Reserve for settlements	`ReserveForSettlements`	$16.04K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-600.87K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.00K	USD	Annual
Acquisition of property, plant and equipment	`PropertyPlantAndEquipmentAdditions`	$69.03K	USD	Annual
Acquisition of property, plant and equipment	`PropertyPlantAndEquipmentAdditions`	-	USD	Annual
Acquisition of intangible assets	`FinitelivedIntangibleAssetsAcquired1`	$15.84K	USD	Annual
Acquisition of intangible assets	`FinitelivedIntangibleAssetsAcquired1`	-	USD	Annual
Deposits	`IncreaseDecreaseInOtherDeposits`	-	USD	Annual
Deposits	`IncreaseDecreaseInOtherDeposits`	$-11.80K	USD	Annual
Net cash received in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-96.67K	USD	Annual
Due to related party	`DueToRelatedParty`	-	USD	Annual
Due to related party	`DueToRelatedParty`	$234.00	USD	Annual
Proceeds from issuance of stock, net	`ProceedsFromDebtNetOfIssuanceCosts`	$1.65M	USD	Annual
Funds used to repurchase stock	`FundsUsedToRepurchaseStock`	$-130.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.52M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-234.00	USD	Annual
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$768.00	USD	Annual
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$826.09K	USD	Annual
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$840.64K	USD	Point-in-time
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$12.45K	USD	Point-in-time
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$11.68K	USD	Point-in-time
Cash, ending of the period	`CashAndCashEquivalentsAtCarryingValue`	$840.64K	USD	Point-in-time
Cash, ending of the period	`CashAndCashEquivalentsAtCarryingValue`	$12.45K	USD	Point-in-time
Cash, ending of the period	`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
Debt converted into common shares	`DebtConversionConvertedInstrumentSharesIssued1`	561,797.00	shares	Annual

Stockholders Equity 15 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`	$973.28K	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`	$-886.34K	USD	Annual
Net loss	`NetIncomeLoss`	$-601.25K	USD	Annual
Stock issued for cash, amount	`StockIssuedDuringPeriodValueNewIssues`	$1.65M	USD	Annual
Stock issued for warrant exercise, amount	`StockIssuedForWarrantExerciseAmount`	$2.10K	USD	Annual
Stock repurchased for cash, amount	`StockRepurchasedForCashAmount`	$-130.00K	USD	Annual
Balance, amount	`StockholdersEquity`	$48.80K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-446.53K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$973.28K	USD	Point-in-time

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