Global Gas Corp (HGAS) Form 10-Q — May 14, 2026
Global Gas Corporation reported a net loss of $18,276 for the quarter ended March 31, 2026, with zero revenue recognized, down from $33,012 in the same period last year. The company’s cash position has deteriorated sharply to just $5,472, while total liabilities stand at $322,748, including $292,027 in convertible promissory notes from related parties. Management has disclosed substantial doubt about the company’s ability to continue as a going concern, citing a working capital deficit of $299,776 and an accumulated deficit of $440,748.
Key figures
- Revenue
- 0
- Total Debt
- 292027
- Total Assets
- 8142
- Cash Position
- 5472
- Shares Outstanding
- 7478256
- Convertible Notes Related Party
- 292027
- Derivative Warrant Liabilities
- 14830
Price after filing
Close on the filing date to close N calendar days later (from $0.06). Historical, not a forecast.
AI analysis
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