10-Q Filing

GLOBAL AI, INC. CIK: 1473490 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001493152-18-006646`
Period End Date	20180331
Filing Date	20180511
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	wsco-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 52 Cash Flow Statement 32

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
Cash	`Cash`	$3.81K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`Cash`	$1.17K	USD	Point-in-time
Cash	`Cash`	$422.00	USD	Point-in-time
Cash	`Cash`	$4.56K	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
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.81K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.56K	USD	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$578.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	195.00M	shares	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$578.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	195.00M	shares	Point-in-time
Total Assets	`Assets`	$4.39K	USD	Point-in-time
Total Assets	`Assets`	$15.14K	USD	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
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`	$9.26K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.83K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$7.06K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$4.84K	USD	Point-in-time
Notes payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$105.29K	USD	Point-in-time
Notes payable-related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$113.29K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$129.61K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$113.96K	USD	Point-in-time
Total Liabilities	`Liabilities`	$129.61K	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 March 31, 2018 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 March 31, 2018 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`	$-1.45M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.42M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-125.22K	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-98.82K	USD	Point-in-time
Total Liabilities and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$4.39K	USD	Point-in-time
Total Liabilities and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$15.14K	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Contracted services-related party	`ConsultingFeesRelatedParty`	$21.00K	USD	1 Quarter
Contracted services-related party	`ConsultingFeesRelatedParty`	$39.00K	USD	2 Qtrs
Contracted services-related party	`ConsultingFeesRelatedParty`	$17.00K	USD	1 Quarter
Contracted services-related party	`ConsultingFeesRelatedParty`	$23.50K	USD	2 Qtrs
Total Revenues	`Revenues`	$21.00K	USD	1 Quarter
Total Revenues	`Revenues`	$39.00K	USD	2 Qtrs
Total Revenues	`Revenues`	$17.00K	USD	1 Quarter
Total Revenues	`Revenues`	$23.50K	USD	2 Qtrs
Internet and hosting services	`TechnologyServicesCosts`	$550.00	USD	1 Quarter
Internet and hosting services	`TechnologyServicesCosts`	$550.00	USD	2 Qtrs
Internet and hosting services	`TechnologyServicesCosts`	$550.00	USD	1 Quarter
Internet and hosting services	`TechnologyServicesCosts`	$550.00	USD	2 Qtrs
Office and administrative	`GeneralAndAdministrativeExpense`	$5.53K	USD	2 Qtrs
Office and administrative	`GeneralAndAdministrativeExpense`	$2.60K	USD	1 Quarter
Office and administrative	`GeneralAndAdministrativeExpense`	$3.83K	USD	2 Qtrs
Office and administrative	`GeneralAndAdministrativeExpense`	$2.46K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$14.75K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$14.70K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$42.87K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$43.30K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$48.95K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$47.68K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$17.71K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$17.90K	USD	1 Quarter
Profit (Loss) From Operations	`OperatingIncomeLoss`	$-706.00	USD	1 Quarter
Profit (Loss) From Operations	`OperatingIncomeLoss`	$3.10K	USD	1 Quarter
Profit (Loss) From Operations	`OperatingIncomeLoss`	$-24.18K	USD	2 Qtrs
Profit (Loss) From Operations	`OperatingIncomeLoss`	$-9.95K	USD	2 Qtrs
Other income	`OtherIncome`	-	USD	1 Quarter
Other income	`OtherIncome`	-	USD	1 Quarter
Other income	`OtherIncome`	-	USD	2 Qtrs
Other income	`OtherIncome`	$20.00K	USD	2 Qtrs
Interest expense	`InterestExpenseOther`	$1.90K	USD	2 Qtrs
Interest expense	`InterestExpenseOther`	$1.13K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$938.00	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$2.22K	USD	2 Qtrs
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$18.10K	USD	2 Qtrs
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-1.13K	USD	1 Quarter
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-2.22K	USD	2 Qtrs
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-938.00	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.97K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$8.16K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.64K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-26.40K	USD	2 Qtrs
Net income (loss) per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net income (loss) per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net income (loss) per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Net income (loss) per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Weighted average number of common shares - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.92M	shares	2 Qtrs
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
Weighted average number of common shares - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.92M	shares	2 Qtrs

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$1.97K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$8.16K	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-1.64K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-26.40K	USD	2 Qtrs
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-10.00K	USD	2 Qtrs
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	2 Qtrs
(Increase) in deposit	`IncreaseDecreaseInDeposits`	$-578.00	USD	2 Qtrs
(Increase) in deposit	`IncreaseDecreaseInDeposits`	-	USD	2 Qtrs
Increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$2.22K	USD	2 Qtrs
Increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$1.90K	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-8.73K	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.43K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$744.00	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.75K	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$8.00K	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.00K	USD	2 Qtrs
(Decrease) increase in cash during the period	`CashPeriodIncreaseDecrease`	$744.00	USD	2 Qtrs
(Decrease) increase in cash during the period	`CashPeriodIncreaseDecrease`	$-750.00	USD	2 Qtrs
Cash, beginning of the period	`Cash`	$3.81K	USD	Point-in-time
Cash, beginning of the period	`Cash`	$1.17K	USD	Point-in-time
Cash, beginning of the period	`Cash`	$422.00	USD	Point-in-time
Cash, beginning of the period	`Cash`	$4.56K	USD	Point-in-time
Cash, end of the period	`Cash`	$3.81K	USD	Point-in-time
Cash, end of the period	`Cash`	$1.17K	USD	Point-in-time
Cash, end of the period	`Cash`	$422.00	USD	Point-in-time
Cash, end of the period	`Cash`	$4.56K	USD	Point-in-time
Interest paid in cash	`InterestPaidNet`	-	USD	2 Qtrs
Interest paid in cash	`InterestPaidNet`	-	USD	2 Qtrs
Taxes paid in cash	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Taxes paid in cash	`IncomeTaxesPaidNet`	-	USD	2 Qtrs

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