10-Q Filing

GLOBAL AI, INC. CIK: 1473490 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001493152-18-011503`
Period End Date	20180630
Filing Date	20180813
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	wsco-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 48 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`	$422.00	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`Cash`	$9.64K	USD	Point-in-time
Cash	`Cash`	$976.00	USD	Point-in-time
Cash	`Cash`	$4.56K	USD	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
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	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
Total current assets	`AssetsCurrent`	$9.64K	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
Total Assets	`Assets`	$10.22K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.92M	shares	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 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`	$7.85K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.83K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$8.21K	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`	$113.96K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$129.34K	USD	Point-in-time
Total Liabilities	`Liabilities`	$113.96K	USD	Point-in-time
Total Liabilities	`Liabilities`	$129.34K	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 June 30, 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 June 30, 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`	$-1.42M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.44M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-119.13K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-98.82K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$15.14K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$10.22K	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Total Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$19.50K	USD	1 Quarter
Total Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$48.00K	USD	3 Qtrs
Total Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$43.00K	USD	3 Qtrs
Total Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$9.00K	USD	1 Quarter
Internet and hosting services	`InternetAndHostingServices`	$550.00	USD	3 Qtrs
Internet and hosting services	`InternetAndHostingServices`	$550.00	USD	3 Qtrs
Internet and hosting services	`InternetAndHostingServices`	-	USD	1 Quarter
Internet and hosting services	`InternetAndHostingServices`	-	USD	1 Quarter
Office and administrative	`GeneralAndAdministrativeExpense`	$1.55K	USD	1 Quarter
Office and administrative	`GeneralAndAdministrativeExpense`	$5.41K	USD	3 Qtrs
Office and administrative	`GeneralAndAdministrativeExpense`	$7.59K	USD	3 Qtrs
Office and administrative	`GeneralAndAdministrativeExpense`	$2.07K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$55.99K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$10.68K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$13.12K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$53.98K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$64.14K	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$12.23K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$15.19K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$59.94K	USD	3 Qtrs
Income (Loss) From Operations	`OperatingIncomeLoss`	$-6.19K	USD	1 Quarter
Income (Loss) From Operations	`OperatingIncomeLoss`	$-16.14K	USD	3 Qtrs
Income (Loss) From Operations	`OperatingIncomeLoss`	$-16.94K	USD	3 Qtrs
Income (Loss) From Operations	`OperatingIncomeLoss`	$7.27K	USD	1 Quarter
Other income	`OtherIncome`	$20.00K	USD	3 Qtrs
Other income	`OtherIncome`	-	USD	1 Quarter
Other income	`OtherIncome`	-	USD	1 Quarter
Other income	`OtherIncome`	-	USD	3 Qtrs
Interest expense	`InterestExpenseOther`	$3.36K	USD	3 Qtrs
Interest expense	`InterestExpenseOther`	$1.15K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$951.00	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$2.85K	USD	3 Qtrs
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-3.36K	USD	3 Qtrs
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-951.00	USD	1 Quarter
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$17.15K	USD	3 Qtrs
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-1.15K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.01K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-20.30K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-7.14K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$6.13K	USD	1 Quarter
Earnings (Loss) per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Earnings (Loss) per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Earnings (Loss) per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Earnings (Loss) per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Weighted average number of common shares - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.92M	shares	3 Qtrs
Weighted average number of common shares - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.92M	shares	3 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

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$1.01K	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-20.30K	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-7.14K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$6.13K	USD	1 Quarter
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	3 Qtrs
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-10.00K	USD	3 Qtrs
Increase in deposit	`IncreaseDecreaseInDeposits`	-	USD	3 Qtrs
Increase in deposit	`IncreaseDecreaseInDeposits`	$-578.00	USD	3 Qtrs
Increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$2.85K	USD	3 Qtrs
Increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$3.36K	USD	3 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.02K	USD	3 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-8.73K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.92K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.45K	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$6.00K	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$8.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.00K	USD	3 Qtrs
Increase in cash during the period	`CashPeriodIncreaseDecrease`	$554.00	USD	3 Qtrs
Increase in cash during the period	`CashPeriodIncreaseDecrease`	$5.08K	USD	3 Qtrs
Cash, beginning of the period	`Cash`	$422.00	USD	Point-in-time
Cash, beginning of the period	`Cash`	$9.64K	USD	Point-in-time
Cash, beginning of the period	`Cash`	$976.00	USD	Point-in-time
Cash, beginning of the period	`Cash`	$4.56K	USD	Point-in-time
Cash, end of the period	`Cash`	$422.00	USD	Point-in-time
Cash, end of the period	`Cash`	$9.64K	USD	Point-in-time
Cash, end of the period	`Cash`	$976.00	USD	Point-in-time
Cash, end of the period	`Cash`	$4.56K	USD	Point-in-time
Interest paid in cash	`InterestPaidNet`	-	USD	3 Qtrs
Interest paid in cash	`InterestPaidNet`	$8.73K	USD	3 Qtrs
Taxes paid in cash	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Taxes paid in cash	`IncomeTaxesPaidNet`	-	USD	3 Qtrs

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