Global Gas Corp (HGASW) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
99 WALL STREET NEW YORK, NY 10005 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 281 - Industrial Inorganic Chemicals (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 114 | 1,183 | 0 | 116 | 941 | |||
| Cash and cash equivalent | 114 | 62 | 0 | 116 | 941 | |||
| Short-term investments | 1,121 | |||||||
| Prepaid expense | 7 | 1 | 92 | 317 | ||||
| Deposits current assets | 144 | |||||||
| Other undisclosed current assets | 2,750 | |||||||
| Total current assets: | 265 | 1,184 | 2,750 | 209 | 1,258 | |||
| Noncurrent Assets | ||||||||
| Other undisclosed noncurrent assets | 11,971 | 172,543 | 172,511 | |||||
| Total noncurrent assets: | 11,971 | 172,543 | 172,511 | |||||
| TOTAL ASSETS: | 265 | 1,184 | 14,721 | 172,752 | 173,769 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 75 | 1,086 | 4,467 | 1,890 | 509 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 160 | 107 | ||
| Accounts payable | 1,865 | 132 | 332 | |||||
| Accrued liabilities | 40 | 35 | 2,602 | 1,598 | 70 | |||
| Other undisclosed accounts payable and accrued liabilities | 36 | 1,051 | ||||||
| Deferred revenue | 207 | |||||||
| Debt | 170 | |||||||
| Due to related parties | ✕ | ✕ | ✕ | 2 | 31 | |||
| Other undisclosed current liabilities | 401 | 231 | 295 | |||||
| Total current liabilities: | 684 | 1,487 | 4,764 | 1,921 | 509 | |||
| Noncurrent Liabilities | ||||||||
| Liabilities, other than long-term debt | 431 | 135 | 6,603 | 14,581 | ||||
| Derivative instruments and hedges, liabilities | 431 | 135 | 6,603 | 14,581 | ||||
| Other undisclosed noncurrent liabilities | 27 | 6,038 | 6,038 | |||||
| Total noncurrent liabilities: | 27 | 431 | 135 | 12,640 | 20,618 | |||
| Total liabilities: | 711 | 1,919 | 4,898 | 14,561 | 21,127 | |||
| Temporary equity, including noncontrolling interest | 11,821 | 172,500 | 172,500 | |||||
| Equity | ||||||||
| Equity, attributable to parent, including: | (446) | (735) | (1,998) | (14,310) | (19,858) | |||
| Additional paid in capital | 2,173 | |||||||
| Accumulated deficit | (447) | (300) | (1,998) | (14,310) | (19,858) | |||
| Stockholders' equity note, subscriptions receivable | (2,608) | |||||||
| Other undisclosed equity, attributable to parent | 1 | 1 | 0 | 0 | 0 | |||
| Total equity: | (446) | (735) | (1,998) | (14,310) | (19,858) | |||
| TOTAL LIABILITIES AND EQUITY: | 265 | 1,184 | 14,721 | 172,752 | 173,769 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 160 | ||||||
| Net investment income | 160 | ||||||
| Gross profit: | 160 | ||||||
| Operating expenses | (552) | (447) | (3,229) | (2,540) | |||
| Operating loss: | (552) | (447) | (3,229) | (2,380) | |||
| Nonoperating income | 421 | 727 | 221 | ||||
| Investment income, nonoperating | 17 | 727 | 221 | ||||
| Other nonoperating income | |||||||
| Interest and debt expense | |||||||
| Loss from continuing operations before income taxes: | (131) | (447) | (2,502) | (2,159) | |||
| Income tax expense (benefit) | (79) | 510 | |||||
| Loss from continuing operations: | (131) | (447) | (2,581) | (1,649) | |||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (1,649) | ✕ | |
| Other undisclosed net income | 6,518 | 7,197 | |||||
| Net income (loss): | (131) | (447) | 3,938 | 5,548 | |||
| Other undisclosed net income attributable to parent | 2,624 | ||||||
| Net income (loss) attributable to parent: | (131) | (447) | 6,562 | 5,548 | |||
| Preferred stock dividends and other adjustments | (11,821) | ||||||
| Net income (loss) available to common stockholders, diluted: | (131) | (447) | (5,258) | 5,548 | |||
Comprehensive Income ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (131) | (447) | 3,938 | 5,548 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (131) | (447) | 3,938 | 5,548 | |||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.