10-Q Filing

GLOBAL WARMING SOLUTIONS, INC. CIK: 1430300 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001477932-23-009335`
Period End Date	20230930
Filing Date	20231226
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	gwso_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 68 Cash Flow Statement 47 Stockholders Equity 36

Balance Sheet 58 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
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.50B	shares	Point-in-time
Cash and cash equivalents	`CashEquivalentsAtCarryingValue`	$109.54K	USD	Point-in-time
Cash and cash equivalents	`CashEquivalentsAtCarryingValue`	$79.00	USD	Point-in-time
Marketable securities	`MarketableSecurities`	$64.59K	USD	Point-in-time
Marketable securities	`MarketableSecurities`	$5.76K	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	16.26M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	16.03M	shares	Point-in-time
Other receivable	`OtherReceivables`	$53.88K	USD	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	16.26M	shares	Point-in-time
Other receivable	`OtherReceivables`	-	USD	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	16.03M	shares	Point-in-time
Deposits	`DepositAssetsPresentValueOfExpectedRecoveries`	$6.25K	USD	Point-in-time
Deposits	`DepositAssetsPresentValueOfExpectedRecoveries`	$6.25K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$58.97K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$109.67K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$174.34K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$234.40K	USD	Point-in-time
Furniture and equipment, net	`FurnitureAndFixturesGross`	$21.55K	USD	Point-in-time
Furniture and equipment, net	`FurnitureAndFixturesGross`	$15.63K	USD	Point-in-time
Leasehold improvements, net	`LeaseholdImprovementsGross`	$7.23K	USD	Point-in-time
Leasehold improvements, net	`LeaseholdImprovementsGross`	$12.63K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$9.17K	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$9.71K	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
Total assets	`Assets`	$338.24K	USD	Point-in-time
Total assets	`Assets`	$296.28K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$77.03K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$19.13K	USD	Point-in-time
Accrued wages - related party	`EmployeeRelatedLiabilitiesCurrent`	$63.11K	USD	Point-in-time
Accrued wages - related party	`EmployeeRelatedLiabilitiesCurrent`	-	USD	Point-in-time
Loan payable	`LoansPayable`	$300.00K	USD	Point-in-time
Loan payable	`LoansPayable`	$339.97K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$58.97K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$113.73K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$432.86K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$539.07K	USD	Point-in-time
Total liabilities	`Liabilities`	$432.86K	USD	Point-in-time
Total liabilities	`Liabilities`	$539.07K	USD	Point-in-time
Common stock, $0.001 par value, voting; 1,500,000,000 shares authorized; 16,258,336 and 16,025,050 shares issued, and outstanding, as of September 30, 2023 and December 31, 2022, respectively.	`CommonStockValue`	$16.26K	USD	Point-in-time
Common stock, $0.001 par value, voting; 1,500,000,000 shares authorized; 16,258,336 and 16,025,050 shares issued, and outstanding, as of September 30, 2023 and December 31, 2022, respectively.	`CommonStockValue`	$16.02K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$5.39M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$4.96M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.61M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.11M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$838.29K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-136.57K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$973.28K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-413.37K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-200.83K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$-295.24K	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 liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$296.28K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$338.24K	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Sales	`Revenues`	-	USD	1 Quarter
Sales	`Revenues`	-	USD	1 Quarter
Sales	`Revenues`	-	USD	3 Qtrs
Sales	`Revenues`	-	USD	3 Qtrs
Cost of sales	`CostOfSales`	-	USD	3 Qtrs
Cost of sales	`CostOfSales`	-	USD	3 Qtrs
Cost of sales	`CostOfSales`	-	USD	1 Quarter
Cost of sales	`CostOfSales`	-	USD	1 Quarter
Gross profit	`GrossProfit`	-	USD	1 Quarter
Gross profit	`GrossProfit`	-	USD	3 Qtrs
Gross profit	`GrossProfit`	-	USD	1 Quarter
Gross profit	`GrossProfit`	-	USD	3 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$278.89K	USD	3 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$86.59K	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$146.50K	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$319.48K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$28.59K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$218.05K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$12.66K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$51.50K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$176.37K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	-	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$324.05K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$151.00K	USD	3 Qtrs
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$4.00K	USD	1 Quarter
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$4.00K	USD	1 Quarter
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$11.86K	USD	3 Qtrs
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$11.86K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$873.43K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$119.17K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$493.24K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$339.51K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-873.43K	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-493.24K	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-339.51K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-119.17K	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	3 Qtrs
Interest expense	`InterestExpense`	$8.51K	USD	1 Quarter
Interest expense	`InterestExpense`	$25.67K	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Gain (loss) on marketable securities	`MarketableSecuritiesGainLoss`	$17.65K	USD	3 Qtrs
Gain (loss) on marketable securities	`MarketableSecuritiesGainLoss`	$76.35K	USD	1 Quarter
Gain (loss) on marketable securities	`MarketableSecuritiesGainLoss`	$2.22K	USD	1 Quarter
Gain (loss) on marketable securities	`MarketableSecuritiesGainLoss`	$30.02K	USD	3 Qtrs
Net income (loss) before before taxes	`IncomeLossFromSubsidiariesBeforeTax`	$-843.40K	USD	3 Qtrs
Net income (loss) before before taxes	`IncomeLossFromSubsidiariesBeforeTax`	$-501.26K	USD	3 Qtrs
Net income (loss) before before taxes	`IncomeLossFromSubsidiariesBeforeTax`	$-263.16K	USD	1 Quarter
Net income (loss) before before taxes	`IncomeLossFromSubsidiariesBeforeTax`	$-125.47K	USD	1 Quarter
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`	$-501.26K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-843.40K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-290.98K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-289.26K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-263.16K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-118.12K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-125.47K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-257.67K	USD	1 Quarter
Income (loss) per share	`EarningsPerSharesBasicAndDiluted`	$-0.05	USD	3 Qtrs
Income (loss) per share	`EarningsPerSharesBasicAndDiluted`	$-0.03	USD	3 Qtrs
Income (loss) per share	`EarningsPerSharesBasicAndDiluted`	$-0.01	USD	1 Quarter
Income (loss) per share	`EarningsPerSharesBasicAndDiluted`	$-0.02	USD	1 Quarter
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	16.20M	shares	1 Quarter
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	16.01M	shares	3 Qtrs
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	16.15M	shares	3 Qtrs
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	16.03M	shares	1 Quarter

Cash Flow Statement 47 line items

Line Item	Tag	Value	Unit	Period
Net (loss)	`ProfitLoss`	$-501.26K	USD	3 Qtrs
Net (loss)	`ProfitLoss`	$-843.40K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.86K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.86K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$12.11K	USD	3 Qtrs
Marketable securities	`IncreaseDecreaseInMarketableSecuritiesRestricted`	$58.83K	USD	3 Qtrs
Marketable securities	`IncreaseDecreaseInMarketableSecuritiesRestricted`	$-129.98K	USD	3 Qtrs
Other receivables	`IncreaseDecreaseInOtherReceivables`	$-53.88K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	-	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$50.70K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$57.90K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$595.00	USD	3 Qtrs
Accrued wages - related party	`IncreaseDecreaseInDueToOtherRelatedParties`	-	USD	3 Qtrs
Accrued wages - related party	`IncreaseDecreaseInDueToOtherRelatedParties`	$63.11K	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-15.25K	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-54.76K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-367.51K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-964.07K	USD	3 Qtrs
Acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	3 Qtrs
Acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	$2.51K	USD	3 Qtrs
Deposits	`AssetRetirementObligationLiabilitiesSettled`	$5.55K	USD	3 Qtrs
Deposits	`AssetRetirementObligationLiabilitiesSettled`	-	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$3.04K	USD	3 Qtrs
Proceeds from issuance of stock, net	`ProceedsFromIssuanceOfCommonStock`	$437.00K	USD	3 Qtrs
Proceeds from issuance of stock, net	`ProceedsFromIssuanceOfCommonStock`	$167.90K	USD	3 Qtrs
Proceeds from short-term debt	`ProceedsFromOtherShortTermDebt`	$39.97K	USD	3 Qtrs
Proceeds from short-term debt	`ProceedsFromOtherShortTermDebt`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$167.90K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$476.97K	USD	3 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$109.46K	USD	3 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-793.13K	USD	3 Qtrs
Cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.51K	USD	Point-in-time
Cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$79.00	USD	Point-in-time
Cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$840.64K	USD	Point-in-time
Cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$109.54K	USD	Point-in-time
Cash, ending of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$47.51K	USD	Point-in-time
Cash, ending of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$79.00	USD	Point-in-time
Cash, ending of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$840.64K	USD	Point-in-time
Cash, ending of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$109.54K	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 36 line items

Line Item	Tag	Value	Unit	Period
Balance, amount	`StockholdersEquity`	$838.29K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-136.57K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$973.28K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-413.37K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-200.83K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-295.24K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$297.77K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$560.94K	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`	$-501.26K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-843.40K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-290.98K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-289.26K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-263.16K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-118.12K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-125.47K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-257.67K	USD	1 Quarter
Options exercised, amount	`OptionsExercisedAmount`	$14.00K	USD	1 Quarter
Options exercised	`OptionsExercised`	-	USD	1 Quarter
Stock retired	`StockRetired`	-	USD	1 Quarter
Stock retired	`StockRetired`	-	USD	1 Quarter
Stock retired	`StockRetired`	-	USD	1 Quarter
Stock retired	`StockRetired`	-	USD	1 Quarter
Shares issued for cash, amount	`SharesIssuedForCashAmount`	$99.00K	USD	1 Quarter
Shares Sold	`SharesSold`	-	USD	1 Quarter
Shares Sold, amount	`SharesSoldAmount`	$338.00K	USD	1 Quarter
Balance, amount	`StockholdersEquity`	$838.29K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-136.57K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$973.28K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-413.37K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-200.83K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-295.24K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$297.77K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$560.94K	USD	Point-in-time

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