Global Warming Solutions, Inc. financial statements
Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Global Warming Solutions, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2020
FY2020
FY2021
FY2022
FY2023
Revenue
0.06
0.18
0.1
0
0
Cost of revenue
0.05
0.13
0.07
0
0
Gross profit
0.01
0.05
0.03
0
0
Research and development
0
0.03
0.57
0.15
Selling, general and administrative
0
0
0.27
0.41
0.11
Selling and marketing
0
0
Operating expenses
0.01
0.9
0.48
1.24
0.43
Operating income
0
-0.85
-0.45
-1.24
-0.43
Pre-tax income
-0.89
-0.6
-1.28
-0.52
Income tax
0
0
0
0
Net income
-0.03
-0.89
-0.6
-1.28
-0.52
EBITDA
0.01
-0.81
-0.43
-1.22
-0.41
EPS, basic
0.00
-0.04
EPS, diluted
0.00
-0.04
Shares, basic (weighted)
29.4
24.3
Shares, diluted (weighted)
29.4
24.3
Balance sheet
FY2020
FY2020
FY2021
FY2022
FY2023
Cash and equivalents
0.01
0.01
0.84
0
0.03
Short-term investments
0
0.06
0
Other current assets
0
0
0.11
0.05
Total current assets
0.01
0.01
0.85
0.17
0.21
Intangible assets
0.1
0.06
0.01
0.01
0.01
Total assets
0.11
0.08
0.99
0.3
0.24
Accounts payable
0.02
0.01
0
0.02
0
Accrued liabilities
0
Short-term debt
0.53
0
0
Total current liabilities
0.56
0.03
0.02
0.43
0.35
Total liabilities
0.56
0.03
0.02
0.43
0.35
Paid-in capital
1.87
3.25
4.79
4.96
5.49
Retained earnings
-2.34
-3.23
-3.83
-5.11
-5.62
Shareholders' equity
-0.45
0.05
0.97
-0.14
-0.12
Total equity
-0.45
0.05
0.97
-0.14
-0.12
Total liabilities and equity
0.11
0.08
0.99
0.3
0.24
Shares outstanding
24.3
17.6
16
16.3
Cash flow statement
FY2020
FY2020
FY2021
FY2022
FY2023
Net income
-0.03
-0.89
0.6
-1.28
-0.52
Depreciation and amortization
0
0.03
0.02
0.02
0.02
Stock-based compensation
0
0.82
0
Change in payables
0.01
-0.01
-0.01
0.02
Cash from operations
0.01
0
-0.6
-1.31
-0.59
Capital expenditures
-0.07
0
Cash from investing
-0.1
0
0.07
Stock issued
1.66
0.17
0.54
Share buybacks
-0.13
0
Cash from financing
-0
-0
1.53
0.47
0.54
Net change in cash
0
0.83
-0.84
0.03
Free cash flow
-0.67
-1.31
Interest paid
0
0
0
0
0.04
Income taxes paid
0
0
0
0
0
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2024; growth uses fiscal years. Valuation uses the share price of $0.19 on September 28, 2026.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-2,571.0%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Total assets growth, 1y
-19.8%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
46.0%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.00x
Current assets / current liabilities.
Quick ratio
0.00x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.00x
(Cash + short-term investments) / current liabilities.
Market cap + total debt - cash - short-term investments.
Earnings yield
-16.4%
Net income / market cap (the inverse of P/E).
What was Global Warming Solutions, Inc.'s revenue in fiscal 2023?
Global Warming Solutions, Inc. reported revenue of $0.0 for fiscal 2023.
Was Global Warming Solutions, Inc. profitable in fiscal 2023?
No. It reported a net loss of $516.3K.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.