10-K Filing

GLOBAL AI, INC. CIK: 1473490 FY 2019

Filing Information

Form Type	10-K
Accession Number	`0001493152-19-016353`
Period End Date	20190930
Filing Date	20191101
Fiscal Year	2019
Fiscal Period	FY
XBRL Instance	wsco-20190930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 28 Cash Flow Statement 28 Stockholders Equity 8

Balance Sheet 51 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`	$8.38K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`Cash`	$4.81K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable-related party	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable-related party	`AccountsReceivableNetCurrent`	$2.50K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$8.38K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$7.31K	USD	Point-in-time
Deposits	`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
Deposits	`DepositsAssetsNoncurrent`	$578.00	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.92M	shares	Point-in-time
Total Assets	`Assets`	$7.89K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.92M	shares	Point-in-time
Total Assets	`Assets`	$8.95K	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`	-	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.33K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$9.37K	USD	Point-in-time
Accrued interest payable	`InterestPayableCurrent`	$13.74K	USD	Point-in-time
Notes payable -related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$113.29K	USD	Point-in-time
Notes payable -related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$90.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$125.99K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$103.74K	USD	Point-in-time
Total Liabilities	`Liabilities`	$103.74K	USD	Point-in-time
Total Liabilities	`Liabilities`	$125.99K	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 5,000,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 5,000,000 shares 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 September 30, 2019 and 2018	`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 September 30, 2019 and 2018	`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`	$-1.44M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.42M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-118.10K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-94.78K	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-98.82K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$8.95K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$7.89K	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Consulting fees from related party	`RevenueFromRelatedParties`	$90.29K	USD	Annual
Consulting fees from related party	`RevenueFromRelatedParties`	$56.00K	USD	Annual
Total Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$90.29K	USD	Annual
Total Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$56.00K	USD	Annual
Programming and development	`ResearchAndDevelopmentExpense`	$620.00	USD	Annual
Programming and development	`ResearchAndDevelopmentExpense`	$1.45K	USD	Annual
Office and administrative	`GeneralAndAdministrativeExpense`	$16.75K	USD	Annual
Office and administrative	`GeneralAndAdministrativeExpense`	$16.70K	USD	Annual
Professional fees	`ProfessionalFees`	$43.73K	USD	Annual
Professional fees	`ProfessionalFees`	$49.43K	USD	Annual
Rent	`RentExpenses`	$3.18K	USD	Annual
Rent	`RentExpenses`	$1.50K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$62.61K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$70.75K	USD	Annual
Income (Loss) From Operations	`OperatingIncomeLoss`	$-14.75K	USD	Annual
Income (Loss) From Operations	`OperatingIncomeLoss`	$27.68K	USD	Annual
Interest expense	`InterestExpenseOther`	$4.52K	USD	Annual
Interest expense	`InterestExpenseOther`	$4.37K	USD	Annual
Total Other (Expense) Income	`OtherNonoperatingIncomeExpense`	$-4.37K	USD	Annual
Total Other (Expense) Income	`OtherNonoperatingIncomeExpense`	$-4.52K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$23.31K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-19.27K	USD	Annual
Net income (loss) per share - basic	`EarningsPerShareBasic`	-	USD	Annual
Net income (loss) per share - basic	`EarningsPerShareBasic`	-	USD	Annual
Net income(loss) per share - diluted	`EarningsPerShareDiluted`	-	USD	Annual
Net income(loss) per share - diluted	`EarningsPerShareDiluted`	-	USD	Annual
Weighted average number of common shares - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.92M	shares	Annual
Weighted average number of common shares - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.92M	shares	Annual

Cash Flow Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$23.31K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-19.27K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.50K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-7.50K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-496.00	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.33K	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$4.37K	USD	Annual
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$4.52K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.75K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$26.85K	USD	Annual
Repayments of notes payable-related parties	`RepaymentsOfNotesPayable`	-	USD	Annual
Repayments of notes payable-related parties	`RepaymentsOfNotesPayable`	$23.29K	USD	Annual
Proceeds from issuance of notes payable-related parties	`ProceedsFromNotesPayable`	$8.00K	USD	Annual
Proceeds from issuance of notes payable-related parties	`ProceedsFromNotesPayable`	-	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.00K	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-23.29K	USD	Annual
Increase in cash during the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$252.00	USD	Annual
Increase in cash during the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.56K	USD	Annual
Cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.81K	USD	Point-in-time
Cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$8.38K	USD	Point-in-time
Cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.56K	USD	Point-in-time
Cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.81K	USD	Point-in-time
Cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$8.38K	USD	Point-in-time
Cash, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.56K	USD	Point-in-time
Interest paid in cash	`InterestPaidNet`	-	USD	Annual
Interest paid in cash	`InterestPaidNet`	-	USD	Annual
Taxes paid in cash	`IncomeTaxesPaidNet`	-	USD	Annual
Taxes paid in cash	`IncomeTaxesPaidNet`	-	USD	Annual

Stockholders Equity 8 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-118.10K	USD	Point-in-time
Balance	`StockholdersEquity`	$-94.78K	USD	Point-in-time
Balance	`StockholdersEquity`	$-98.82K	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$23.31K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-19.27K	USD	Annual
Balance	`StockholdersEquity`	$-118.10K	USD	Point-in-time
Balance	`StockholdersEquity`	$-94.78K	USD	Point-in-time
Balance	`StockholdersEquity`	$-98.82K	USD	Point-in-time

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