Global Gas Corp
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 31, 2025
HGAS$0.060.0%Stored close · as of Jul 8, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $114,146 | $1,183,328 |
| Deposit | 144,000 | - |
| Prepaid expenses and other receivables | 6,583 | 583 |
| Total Current Assets | 264,729 | 1,183,911 |
| TOTAL ASSETS | $264,729 | $1,183,911 |
| Liabilities and stockholders’ deficit | ||
| Current liabilities | ||
| Accounts payable – related party | $124,867 | $124,867 |
| Accounts payable and accrued expenses | 75,209 | 1,086,212 |
| Deferred Revenue | 207,436 | - |
| Advances – related party | 2,207 | 2,352 |
| Promissory notes – related parties | - | 273,950 |
| Convertible promissory notes – related parties | 273,950 | - |
| Total Current Liabilities | 683,669 | 1,487,381 |
| Derivative warrant liabilities | 26,950 | 431,200 |
| TOTAL LIABILITIES | 710,619 | 1,918,581 |
| Commitments and contingencies (note 10) | ||
| Stockholders’ deficit | ||
| Preferred stock, $0.0001 par value; 1,000,000 shares authorized; zero shares issued or outstanding as of December 31, 2024 and 2023 | - | - |
| Class A common stock, $0.0001 par value; 380,000,000 shares authorized; 6,478,256 and 5,428,256 shares issued or outstanding as of December 31, 2024 and 2023, respectively | 648 | 543 |
| Class B common stock, $0.0001 par value; 20,000,000 shares authorized; 2,700,000 and 4,300,000 shares issued or outstanding as December 31, 2024 and 2023, respectively | 270 | 430 |
| Subscription receivable | - | (2,608,141) |
| Additional paid-in capital | - | 2,172,674 |
| Accumulated deficit | (446,808) | (300,176) |
| Total stockholders’ deficit | (445,890) | (734,670) |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $264,729 | $1,183,911 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.