10-Q Filing

GLOBAL AI, INC. CIK: 1473490 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001493152-18-001632`
Period End Date	20171231
Filing Date	20180208
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	wsco-20171231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 24 Cash Flow Statement 28

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`Cash`	$11.83K	USD	Point-in-time
Cash	`Cash`	$21.54K	USD	Point-in-time
Cash	`Cash`	$4.56K	USD	Point-in-time
Cash	`Cash`	$422.00	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$10.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.83K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.56K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$578.00	USD	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$578.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	195.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	195.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.92M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.92M	shares	Point-in-time
Total Assets	`Assets`	$12.41K	USD	Point-in-time
Total Assets	`Assets`	$15.14K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.92M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	26.92M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.83K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$20.38K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$4.84K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$5.93K	USD	Point-in-time
Notes payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$113.29K	USD	Point-in-time
Notes payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$105.29K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$139.60K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$113.96K	USD	Point-in-time
Total Liabilities	`Liabilities`	$139.60K	USD	Point-in-time
Total Liabilities	`Liabilities`	$113.96K	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 5,000,000 authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 5,000,000 authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value; 195,000,000 shares authorized; 26,922,007 issued and outstanding at December 31, 2017 and September 30, 2017	`CommonStockValue`	$26.92K	USD	Point-in-time
Common stock, $0.001 par value; 195,000,000 shares authorized; 26,922,007 issued and outstanding at December 31, 2017 and September 30, 2017	`CommonStockValue`	$26.92K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.30M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.30M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.42M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.45M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-98.82K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-127.19K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$15.14K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$12.41K	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Consulting fees-related party	`ConsultingFeesRelatedParty`	$22.00K	USD	1 Quarter
Consulting fees-related party	`ConsultingFeesRelatedParty`	$2.50K	USD	1 Quarter
Total Revenues	`Revenues`	$22.00K	USD	1 Quarter
Total Revenues	`Revenues`	$2.50K	USD	1 Quarter
Office and administrative	`GeneralAndAdministrativeExpense`	$3.77K	USD	1 Quarter
Office and administrative	`GeneralAndAdministrativeExpense`	$1.23K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$27.47K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$28.55K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$31.24K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$29.78K	USD	1 Quarter
Loss From Operations	`OperatingIncomeLoss`	$-9.24K	USD	1 Quarter
Loss From Operations	`OperatingIncomeLoss`	$-27.28K	USD	1 Quarter
Other income	`OtherIncome`	-	USD	1 Quarter
Other income	`OtherIncome`	$20.00K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$959.00	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$1.08K	USD	1 Quarter
Total Other Income/ (Expense)	`NonoperatingIncomeExpense`	$-1.08K	USD	1 Quarter
Total Other Income/ (Expense)	`NonoperatingIncomeExpense`	$19.04K	USD	1 Quarter
Net income(loss)	`NetIncomeLoss`	$-28.37K	USD	1 Quarter
Net income(loss)	`NetIncomeLoss`	$9.80K	USD	1 Quarter
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average number of common shares - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.92M	shares	1 Quarter
Weighted average number of common shares - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.92M	shares	1 Quarter

Cash Flow Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-28.37K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$9.80K	USD	1 Quarter
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-10.00K	USD	1 Quarter
Increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	-	USD	1 Quarter
Increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$1.08K	USD	1 Quarter
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$11.32K	USD	1 Quarter
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$16.55K	USD	1 Quarter
Net cash used in (provided by) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$21.12K	USD	1 Quarter
Net cash used in (provided by) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-728.00	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	$8.00K	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.00K	USD	1 Quarter
Increase in cash during the period	`CashPeriodIncreaseDecrease`	$21.12K	USD	1 Quarter
Increase in cash during the period	`CashPeriodIncreaseDecrease`	$7.27K	USD	1 Quarter
Cash, beginning of the period	`Cash`	$11.83K	USD	Point-in-time
Cash, beginning of the period	`Cash`	$21.54K	USD	Point-in-time
Cash, beginning of the period	`Cash`	$4.56K	USD	Point-in-time
Cash, beginning of the period	`Cash`	$422.00	USD	Point-in-time
Cash, end of the period	`Cash`	$11.83K	USD	Point-in-time
Cash, end of the period	`Cash`	$21.54K	USD	Point-in-time
Cash, end of the period	`Cash`	$4.56K	USD	Point-in-time
Cash, end of the period	`Cash`	$422.00	USD	Point-in-time
Interest paid in cash	`InterestPaidNet`	-	USD	1 Quarter
Interest paid in cash	`InterestPaidNet`	-	USD	1 Quarter
Taxes paid in cash	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Taxes paid in cash	`IncomeTaxesPaidNet`	-	USD	1 Quarter

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