$HGAS

Global Gas Corp

CIK:0001817232|SEC Filings

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Revenue, net				$ 33,012
Operating Expenses:
General and administrative	20,684	35,805	37,280	97,931
Loss from operations	(20,684)	(35,805)	(37,280)	(64,919)
Other income (expense), net:
Other income		202,173		202,173
Interest income	17	874	375	1,759
Interest expense	(3,414)	(3,414)	(6,792)	(7,767)
Change in fair value of derivative warrant liabilities	(25,600)	4,040	(24,260)	8,080
Total other income (expense), net	(28,997)	203,673	(30,677)	204,245
Net Income (Loss)	$ (49,681)	$ 167,868	$ (67,957)	$ 139,326
Class A Common Stock
Other income (expense), net:
Weighted average number of common stock outstanding, basic (in Shares)	7,478,256	6,478,256	7,478,256	6,478,256
Weighted average number of common stock outstanding, diluted (in Shares)	7,478,256	6,478,256	7,478,256	6,478,256
Net loss per common stock, basic (in Dollars per share)	$ (0.01)	$ 0.02	$ (0.01)	$ 0.02
Net loss per common stock, diluted (in Dollars per share)	$ (0.01)	$ 0.02	$ (0.01)	$ 0.02
Class B Common Stock
Other income (expense), net:
Weighted average number of common stock outstanding, basic (in Shares)		2,700,000		2,700,000
Weighted average number of common stock outstanding, diluted (in Shares)		2,700,000		2,700,000
Net loss per common stock, basic (in Dollars per share)		$ 0.02		$ 0.02
Net loss per common stock, diluted (in Dollars per share)		$ 0.02		$ 0.02

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash Flows from Operating Activities:
Net income (loss)	$ (67,957)	$ 139,326
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Change in fair value of derivative warrant liabilities	24,260	(8,080)
Stock - based compensation		13,124
Changes in operating assets and liabilities:
Prepaid expenses	(8,450)	(8,102)
Contract liabilities		(63,436)
Accrued interest expense – convertible promissory notes – related parties	6,792
Accounts payable and accrued expenses	(24,056)	23,868
Accounts payable – related party		(124,867)
Net cash used in operating activities	(69,411)	(28,167)
Cash Flows from Financing Activities:
Repayment to related party		(2,207)
Advances – related party	21,637
Net cash provided by (used in) financing activities	21,637	(2,207)
Net change in cash	(47,774)	(30,374)
Cash, beginning of period	48,713	114,146
Cash, end of period	939	83,772
Supplemental Cash flow information:
Taxes paid

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current assets
Cash	$ 939	$ 48,713
Prepaid expenses	15,125	6,675
Total Current Assets	16,064	55,388
TOTAL ASSETS	16,064	55,388
Current liabilities
Accounts payable and accrued expenses	22,843	46,899
Total Current Liabilities	339,921	335,548
Derivative warrant liabilities	40,430	16,170
TOTAL LIABILITIES	380,351	351,718
Commitments and contingencies (Note 9)
Stockholders’ deficit
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; 0 shares issued or outstanding as of June 30, 2026 and December 31, 2025
Additional paid-in capital	125,394	125,394
Accumulated deficit	(490,429)	(422,472)
Total Stockholders’ Deficit	(364,287)	(296,330)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	16,064	55,388
Related Party
Current liabilities
Advances - related party	21,637
Convertible promissory notes – related parties	295,441	288,649
Class A Common Stock
Stockholders’ deficit
Common stock, value	748	748
Class B Common Stock
Stockholders’ deficit
Common stock, value