Global Gas Corp
For the period ended Dec 31, 2025. Filed Apr 15, 2026.
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FY2025 · Filed Apr 15, 2026
HGAS$0.100.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
| For the Year Ended | ||||
|---|---|---|---|---|
| December 31, | ||||
| 2025 · 2024 | ||||
| Cash Flows from Operating Activities: | ||||
| Net income (loss) | $24,336 | $(130,700) | ||
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||||
| Change in fair value of derivative warrant liabilities | (10,780) | (404,250) | ||
| Non- cash interest expense | 14,699 | - | ||
| Stock - based compensation | 125,224 | 144,480 | ||
| Changes in operating assets and liabilities: | ||||
| Prepaid expenses | (92) | (6,000) | ||
| Accounts payable and accrued expenses | (28,310) | (1,011,003) | ||
| Accounts payable – related party | (124,867) | - | ||
| Contract liabilities | (63,436) | 63,436 | ||
| Net cash used in operating activities | (63,226) | (1,344,037) | ||
| Cash Flows from Financing Activities: | ||||
| Advance from related party | - | 707 | ||
| Repayment of advances – related party | (2,207) | (852) | ||
| Proceeds from forward purchase agreement | - | 275,000 | ||
| Net cash (used in) provided by financing activities | (2,207) | 274,855 | ||
| Net change in cash | (65,433) | (1,069,182) | ||
| Cash, beginning of year | 114,146 | 1,183,328 | ||
| Cash, end of year | $48,713 | $114,146 | ||
| Supplemental disclosure of non-cash investing and financing activities: | ||||
| Issuance of Class A Common Stock | $100 | $105 | ||
| Forfeiture of Class B Common Stock | $(270) | $ | - | |
| Supplemental Cash flow information: | ||||
| Taxes paid | $ | - | $ | - |
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