10-Q Filing

GLOBAL WARMING SOLUTIONS, INC. CIK: 1430300 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001477932-22-008813`
Period End Date	20220930
Filing Date	20221121
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	gwso_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 Income Statement 68 Cash Flow Statement 48 Stockholders Equity 17

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
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Cash and cash equivalents	`CashEquivalentsAtCarryingValue`	$47.51K	USD	Point-in-time
Cash and cash equivalents	`CashEquivalentsAtCarryingValue`	$840.64K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	16.03M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	17.60M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$12.11K	USD	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	16.03M	shares	Point-in-time
Marketable Securities	`MarketableSecurities`	$129.98K	USD	Point-in-time
Marketable Securities	`MarketableSecurities`	-	USD	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	17.60M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	-	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$852.75K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$177.49K	USD	Point-in-time
Furniture & Equipment, net	`FurnitureAndFixturesGross`	$29.46K	USD	Point-in-time
Furniture & Equipment, net	`FurnitureAndFixturesGross`	$23.55K	USD	Point-in-time
Leasehold improvements, net	`LeaseholdImprovementsGross`	$14.44K	USD	Point-in-time
Leasehold improvements, net	`LeaseholdImprovementsGross`	$19.84K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$7.93K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$9.90K	USD	Point-in-time
Investment in Green Holistic	`InvestmentInGreenHolistic`	$71.80K	USD	Point-in-time
Investment in Green Holistic	`InvestmentInGreenHolistic`	$71.80K	USD	Point-in-time
Deposits	`DepositAssetsPresentValueOfExpectedRecoveries`	$6.25K	USD	Point-in-time
Deposits	`DepositAssetsPresentValueOfExpectedRecoveries`	$11.80K	USD	Point-in-time
Total assets	`Assets`	$303.43K	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`	$1.59K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$19.31K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$4.06K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.65K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.31K	USD	Point-in-time
Total Liabilities	`Liabilities`	$20.31K	USD	Point-in-time
Total Liabilities	`Liabilities`	$5.65K	USD	Point-in-time
Common stock, $0.001 par value, voting; 1,500,000,000 shares authorized; 16,025,050 and 17,604,705 shares issued, and outstanding, as of September 30, 2022 and December 31, 2021, respectively.	`CommonStockValue`	$17.61K	USD	Point-in-time
Common stock, $0.001 par value, voting; 1,500,000,000 shares authorized; 16,025,050 and 17,604,705 shares issued, and outstanding, as of September 30, 2022 and December 31, 2021, respectively.	`CommonStockValue`	$16.02K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$4.96M	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`	$-4.67M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$838.29K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$297.77K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$560.94K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$973.28K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$303.43K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$993.59K	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	$101.72K	USD	3 Qtrs
Sales	`Revenues`	-	USD	3 Qtrs
Sales	`Revenues`	-	USD	1 Quarter
Sales	`Revenues`	-	USD	1 Quarter
Cost of Sales	`CostOfSales`	-	USD	1 Quarter
Cost of Sales	`CostOfSales`	-	USD	3 Qtrs
Cost of Sales	`CostOfSales`	$72.84K	USD	3 Qtrs
Cost of Sales	`CostOfSales`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	$28.89K	USD	3 Qtrs
Gross Profit	`GrossProfit`	-	USD	3 Qtrs
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$16.70K	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$181.61K	USD	3 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$146.50K	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$319.48K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$104.74K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$218.05K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$132.91K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$12.66K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$27.42K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$27.42K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$176.37K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$324.05K	USD	3 Qtrs
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$11.86K	USD	3 Qtrs
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$3.95K	USD	1 Quarter
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$4.00K	USD	1 Quarter
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$15.78K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$873.43K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$357.71K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$152.80K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$339.51K	USD	1 Quarter
Income (Loss) from operations	`OperatingIncomeLoss`	$-339.51K	USD	1 Quarter
Income (Loss) from operations	`OperatingIncomeLoss`	$-152.80K	USD	1 Quarter
Income (Loss) from operations	`OperatingIncomeLoss`	$-328.82K	USD	3 Qtrs
Income (Loss) from operations	`OperatingIncomeLoss`	$-873.43K	USD	3 Qtrs
Derivative expense	`DerivativeGainLossOnDerivativeNet`	-	USD	3 Qtrs
Derivative expense	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Derivative expense	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Derivative expense	`DerivativeGainLossOnDerivativeNet`	$-163.64K	USD	3 Qtrs
Gain on settlement of debt	`NondebtorReorganizationItemsNetGainLossOnSettlementOfOtherClaims1`	$16.84K	USD	3 Qtrs
Gain on settlement of debt	`NondebtorReorganizationItemsNetGainLossOnSettlementOfOtherClaims1`	-	USD	1 Quarter
Gain on settlement of debt	`NondebtorReorganizationItemsNetGainLossOnSettlementOfOtherClaims1`	-	USD	3 Qtrs
Gain on settlement of debt	`NondebtorReorganizationItemsNetGainLossOnSettlementOfOtherClaims1`	-	USD	1 Quarter
Gain (loss) on Marketable Securities	`OtherNonoperatingExpense`	-	USD	1 Quarter
Gain (loss) on Marketable Securities	`OtherNonoperatingExpense`	-	USD	3 Qtrs
Gain (loss) on Marketable Securities	`OtherNonoperatingExpense`	$76.35K	USD	1 Quarter
Gain (loss) on Marketable Securities	`OtherNonoperatingExpense`	$30.02K	USD	3 Qtrs
Net income (loss) before before taxes	`IncomeLossFromSubsidiariesBeforeTax`	$-843.40K	USD	3 Qtrs
Net income (loss) before before taxes	`IncomeLossFromSubsidiariesBeforeTax`	$-475.63K	USD	3 Qtrs
Net income (loss) before before taxes	`IncomeLossFromSubsidiariesBeforeTax`	$-152.80K	USD	1 Quarter
Net income (loss) before before taxes	`IncomeLossFromSubsidiariesBeforeTax`	$-263.16K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-152.80K	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-475.63K	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-843.40K	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-263.16K	USD	1 Quarter
Income (loss) per share	`EarningsPerSharesBasicAndDiluted`	$-0.02	USD	1 Quarter
Income (loss) per share	`EarningsPerSharesBasicAndDiluted`	$-0.02	USD	3 Qtrs
Income (loss) per share	`EarningsPerSharesBasicAndDiluted`	$-0.05	USD	3 Qtrs
Income (loss) per share	`EarningsPerSharesBasicAndDiluted`	$-0.01	USD	1 Quarter
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	16.01M	shares	3 Qtrs
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	23.85M	shares	1 Quarter
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	23.07M	shares	3 Qtrs
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	16.03M	shares	1 Quarter

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net (Loss)	`ProfitLoss`	$-475.63K	USD	3 Qtrs
Net (Loss)	`ProfitLoss`	$-843.40K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.86K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.95K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.78K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$12.11K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$24.92K	USD	3 Qtrs
Marketable Securities	`IncreaseDecreaseInMarketableSecuritiesRestricted`	$-129.98K	USD	3 Qtrs
Marketable Securities	`IncreaseDecreaseInMarketableSecuritiesRestricted`	-	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	-	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	-	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$595.00	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.00K	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$31.44K	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-15.25K	USD	3 Qtrs
Reserve for Settlments	`IncreasedecreaseinreserveForSettlments`	-	USD	3 Qtrs
Reserve for Settlments	`IncreasedecreaseinreserveForSettlments`	$-16.04K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-479.37K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-964.07K	USD	3 Qtrs
Acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$68.61K	USD	3 Qtrs
Acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$359.00	USD	3 Qtrs
Acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	$16.20K	USD	3 Qtrs
Acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	$2.15K	USD	3 Qtrs
Deposits	`PaymentsToAcquireDeposits`	$-11.80K	USD	3 Qtrs
Deposits	`PaymentsToAcquireDeposits`	$5.55K	USD	3 Qtrs
Net cash received in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$3.04K	USD	3 Qtrs
Net cash received in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-96.61K	USD	3 Qtrs
Proceeds from issuance of stock, net	`ProceedsFromIssuanceOfCommonStock`	$1.37M	USD	3 Qtrs
Proceeds from issuance of stock, net	`ProceedsFromIssuanceOfCommonStock`	$167.90K	USD	3 Qtrs
Funds used to repurchase stock	`FundsUsedToRepurchaseStock`	$-130.00K	USD	3 Qtrs
Funds used to repurchase stock	`FundsUsedToRepurchaseStock`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.24M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$167.90K	USD	3 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$667.65K	USD	3 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-793.13K	USD	3 Qtrs
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`	$47.51K	USD	Point-in-time
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$680.10K	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`	$47.51K	USD	Point-in-time
Cash, ending of the period	`CashAndCashEquivalentsAtCarryingValue`	$680.10K	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`	$838.29K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$297.77K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$560.94K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$973.28K	USD	Point-in-time
Stock issued as compensation, amount	`StockIssuedDuringPeriodValueShareBasedCompensation`	$156.00K	USD	1 Quarter
Stock Retired, amount	`StockRetiredAmount`	$-2.10K	USD	1 Quarter
Stock Retired, amount	`StockRetiredAmount`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-289.26K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-290.98K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-263.16K	USD	1 Quarter
Options Exercised, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	70,800.00	shares	3 Qtrs
Options Exercised, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	8,000.00	shares	Point-in-time
Options Exercised, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	$14.00K	USD	1 Quarter
Balance, amount	`StockholdersEquity`	$838.29K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$297.77K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$560.94K	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.