HGAS · Global Gas Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | $33.0K | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $16.6K | - | $142.3K | $35.8K | $62.1K | - | $121.2K | $71.1K | $77.2K | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | ($16.6K) | - | ($142.3K) | ($35.8K) | ($29.1K) | - | ($121.2K) | ($71.1K) | ($77.2K) | - |
| Interest Expense | $2.1K | - | $1.3K | $0 | $4.4K | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($18.3K) | - | ($161.2K) | $167.9K | ($28.5K) | - | ($124.0K) | $405.4K | ($178.7K) | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.5K | $48.7K | $48.3K | $83.8K | $74.0K | $114.1K | $192.4K | $338.8K | $286.5K | $62.4K |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $8.1K | $55.4K | $59.0K | $98.5K | $76.6K | $264.7K | $441.6K | $612.5K | $336.1K | $1.18M |
| Total Assets | $8.1K | $55.4K | $59.0K | $98.5K | $76.6K | $264.7K | $441.6K | $612.5K | $336.1K | $1.18M |
| Current Liabilities | $307.9K | $335.5K | $366.5K | $373.0K | $521.6K | $683.7K | $724.4K | $776.7K | $584.2K | $1.49M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $322.7K | $351.7K | $401.5K | $391.9K | $544.5K | $710.6K | $798.6K | $845.4K | $1.12M | $1.92M |
| Stockholders' Equity | ($314.6K) | ($296.3K) | ($342.5K) | ($293.4K) | ($467.9K) | ($445.9K) | ($356.9K) | ($233.0K) | ($788.4K) | ($734.7K) |
| Retained Earnings | ($440.7K) | ($422.5K) | ($468.7K) | ($307.5K) | ($475.4K) | ($446.8K) | ($197.4K) | ($73.5K) | ($478.9K) | ($300.2K) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($43.2K) | - | - | - | ($39.4K) | - | - | - | ($1.03M) | - |
| Investing Cash Flow | - | - | - | - | - | - | - | - | $1.13M | - |
| Financing Cash Flow | - | - | - | - | ($707) | - | - | - | $125.0K | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | -88.2% | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | -86.5% | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | 188.2% | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -224.5% | - | -273.2% | 170.5% | -37.2% | - | -28.1% | 66.2% | -53.2% | - |
| Return on equity | 5.8% | - | 47.1% | -57.2% | 6.1% | - | 34.7% | -174.0% | 22.7% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.03 | 0.17 | 0.16 | 0.26 | 0.15 | 0.39 | 0.61 | 0.79 | 0.58 | 0.80 |
| Quick ratio | 0.03 | 0.17 | 0.16 | 0.26 | 0.15 | 0.39 | 0.61 | 0.79 | 0.58 | 0.80 |
| Cash ratio | 0.02 | 0.15 | 0.13 | 0.22 | 0.14 | 0.17 | 0.27 | 0.44 | 0.49 | 0.04 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -7.9x | - | -108.5x | - | -6.7x | - | - | - | - | - |
| Equity multiplier | -0.03 | -0.19 | -0.17 | -0.34 | -0.16 | -0.59 | -1.24 | -2.63 | -0.43 | -1.61 |
| Liabilities / Assets | 39.64 | 6.35 | 6.81 | 3.98 | 7.11 | 2.68 | 1.81 | 1.38 | 3.35 | 1.62 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | 0.43 | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 43.0% | - | -17.4% | 49.6% | 62.3% | - | 88.5% | - | - | - |
| Net income growth (YoY) | 36.0% | - | -30.0% | -58.6% | 84.0% | - | 90.7% | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 32.8% | 33.5% | 4.0% | -26.0% | 40.7% | 39.3% | 86.7% | 82.7% | 0.2% | 63.2% |
Peer comparison
Same SIC group: Industrial Inorganic Chemicals
Comparing Global Gas Corp against the 5 most active filers in the same SIC group.