Is Gulf West Security Network, Inc. (GWSN) a Buy, Sell, or Hold?
OTC : GWSN
Gulf West Security Network, Inc. — Financials
$0.0005 USD
$0 (0.0%)
- Volume
- 412
- Average Volume
- 2
- Market Capitalization
- $12
- P/E Ratio
- 0.00
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $0.00
- Year Low
- $0.00
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.02
GWSN Financial Statements
| date | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 |
|---|---|---|---|---|---|---|---|---|
| revenue | 9980 | 11690 | 14601 | 16530 | 10743 | - | - | 12000 |
| costOfRevenue | 3641 | 4339 | 12848 | 6880 | 3041 | - | - | 9500 |
| grossProfit | 6339 | 7351 | 1753 | 9650 | 7702 | - | - | 2500 |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | 31115 | 73517 |
| generalAndAdministrativeExpenses | 385.47K | 673.94K | 808.44K | 650.64K | 4.22M | 471.26K | 491K | - |
| sellingAndMarketingExpenses | - | 26 | - | 46538 | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 385.47K | 673.96K | 808.44K | 697.18K | 4.22M | 471.26K | 491K | 147.41K |
| otherExpenses | - | - | - | - | - | - | - | - |
| operatingExpenses | 385.47K | 673.96K | 808.44K | 697.18K | 4.22M | 471.26K | 491K | 147.41K |
| costAndExpenses | 389.12K | 678.3K | 821.29K | 704.06K | 4.22M | 471.26K | 491K | 156.91K |
| netInterestIncome | -12111 | -19230 | -29235 | - | -776.66K | -18811 | -5516 | -10814 |
| interestIncome | - | - | - | - | 667 | 2469 | - | - |
| interestExpense | 12111 | 19230 | 29235 | - | 777.33K | 21280 | 5516 | 10814 |
| depreciationAndAmortization | 12111 | 666.61K | 1319 | 1319 | 399 | 2469 | - | - |
| ebitda | -367.02K | 40245 | -776.13K | -686.21K | -4.62M | -537.99K | -491K | -144.91K |
| ebit | -379.14K | -607.14K | -777.45K | -687.53K | -4.62M | -537.99K | -491K | -144.91K |
| nonOperatingIncomeExcludingInterest | -12111 | -59475 | -29235 | - | 396.14K | 66732 | - | - |
| operatingIncome | -391.25K | -626.37K | -806.69K | -687.53K | -4.22M | -471.26K | -491K | -144.91K |
| totalOtherIncomeExpensesNet | - | 40245 | - | - | -1.17M | -88007 | -5516 | -10814 |
| incomeBeforeTax | -391.25K | -626.37K | -806.69K | -687.53K | -5.39M | -559.27K | -496.51K | -155.73K |
| incomeTaxExpense | - | - | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | -391.25K | -626.37K | -806.69K | -687.53K | -5.39M | -559.27K | -496.51K | -155.73K |
| netIncomeFromDiscontinuedOperations | 99775 | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | -165.49K | 33068 | -671.02K | - | - | - | - |
| netIncome | -291.47K | -851.34K | -773.62K | -1.36M | -5.39M | -559.27K | -496.51K | -155.73K |
| netIncomeDeductions | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -291.47K | -791.86K | -773.62K | -1.36M | -5.39M | -559.27K | -496.51K | -155.73K |
| eps | -12.62 | -37.36 | -34.24 | -65.13 | -333.52 | -36.39 | -32.68 | -10.65 |
| date | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 |
|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 14145 | 4505 | 10045 | 64798 | 44123 | 1086 | 2160 | 74787 |
| shortTermInvestments | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 14145 | 4505 | 10045 | 64798 | 44123 | 1086 | 2160 | 74787 |
| netReceivables | 5442 | 2478 | 2876 | 1906 | 1090 | 25241 | - | - |
| accountsReceivables | 5442 | 2478 | 2876 | 1906 | 1090 | - | - | - |
| otherReceivables | - | - | - | - | - | 25241 | - | - |
| inventory | - | - | - | - | - | - | - | - |
| prepaids | 27888 | - | - | 85560 | 5000 | - | 3165 | - |
| otherCurrentAssets | - | 27396 | 25987 | 85560 | - | - | - | - |
| totalCurrentAssets | 47475 | 34379 | 38908 | 152.26K | 50213 | 26327 | 5325 | 74787 |
| propertyPlantEquipmentNet | - | - | - | - | 1319 | - | - | - |
| goodwill | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | 74495 |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | 74495 |
| longTermInvestments | - | - | - | - | 4871 | - | - | - |
| taxAssets | - | - | - | - | - | 365.11K | - | - |
| otherNonCurrentAssets | - | - | - | - | -1319 | - | - | - |
| totalNonCurrentAssets | - | - | - | - | 4871 | 365.11K | - | 74495 |
| otherAssets | - | - | - | - | - | -365.11K | - | - |
| totalAssets | 47475 | 34379 | 38908 | 152.26K | 55084 | 26327 | 5325 | 149.28K |
| totalPayables | 119.19K | 120.82K | 252.18K | 132.75K | 84500 | 65000 | 9500 | - |
| accountPayables | 119.19K | 120.82K | 252.18K | 132.75K | - | - | - | - |
| otherPayables | - | - | - | - | 84500 | 65000 | 9500 | - |
| accruedExpenses | 668.29K | 420.7K | 218.8K | 43859 | 670.2K | 471.74K | 182.14K | 87531 |
| shortTermDebt | 1.88M | 1.73M | 1.07M | 671K | 157.93K | 99500 | 85193 | 54653 |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - |
| deferredRevenue | - | 400 | 218.8K | - | -25307 | - | - | - |
| otherCurrentLiabilities | 393.42K | 481.69K | 601.13K | 636.56K | - | - | - | - |
| totalCurrentLiabilities | 3.06M | 2.75M | 2.14M | 1.48M | 912.63K | 636.24K | 276.84K | 142.18K |
| longTermDebt | - | - | - | - | 23027 | 8545 | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | - | - | - | 231.73K | 169.22K | - | - |
| totalNonCurrentLiabilities | -0.0 | 2.74M | - | - | 254.76K | 177.77K | 85193 | 54653 |
| otherLiabilities | - | -2.74M | - | - | - | - | -85193 | -54653 |
| capitalLeaseObligations | - | - | - | - | - | - | - | - |
| totalLiabilities | 3.06M | 2.75M | 2.14M | 1.48M | 1.17M | 814.01K | 276.84K | 142.18K |
| treasuryStock | - | - | - | - | - | - | - | - |
| preferredStock | 636 | 636 | 744 | 744 | 10118 | - | - | - |
| commonStock | 23 | 4618 | 4518 | 4518 | 37797 | 31086 | 30386 | 10129 |
| retainedEarnings | -3.37M | -3.08M | -2.29M | -1.51M | -6.61M | -1.21M | -652.24K | -155.73K |
| additionalPaidInCapital | 161.8K | 157.21K | 177.21K | 177.21K | 5.45M | 392.74K | 132.44K | 132.44K |
| date | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 |
|---|---|---|---|---|---|---|---|---|
| netIncome | -391.25K | -626.37K | -806.69K | -687.53K | -5.39M | -559.27K | -496.51K | -155.73K |
| depreciationAndAmortization | - | - | - | 1319 | 0.4 | - | - | - |
| deferredIncomeTax | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | 2.97M | 43098 | - | - |
| changeInWorkingCapital | 243.88K | 149.66K | 381.46K | 94128 | 370.98K | 312.86K | 106.46K | 92184 |
| accountsReceivables | -2964 | 398 | -970 | -1906 | -1753 | -25241 | - | - |
| inventory | 247.1K | 200.49K | - | - | - | - | - | - |
| accountsPayables | 143 | -51353 | 147.91K | 151.3K | 261.75K | 156.02K | 94612 | - |
| otherWorkingCapital | -400 | 125 | 234.52K | -55270 | 109.22K | 156.84K | 11851 | 92184 |
| otherNonCashItems | 11504 | -169.95K | -2365 | -20260 | 1.14M | 77741 | 292.4K | - |
| netCashProvidedByOperatingActivities | -135.86K | -646.66K | -427.59K | -612.34K | -917.46K | -125.57K | -97652 | -63543 |
| investmentsInPropertyPlantAndEquipment | 3 | - | - | - | - | - | - | -1995 |
| acquisitionsNet | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | - | - | - | - | - | - | - |
| netCashProvidedByInvestingActivities | - | - | - | - | - | - | - | -1995 |
| netDebtIssuance | 147.27K | 656.12K | 401.05K | 671K | 960.5K | 124.5K | 25025 | 50000 |
| longTermNetDebtIssuance | 147.27K | 656.12K | 401.05K | - | 960.5K | 124.5K | - | - |
| shortTermNetDebtIssuance | - | - | 401.05K | 671K | - | 74500 | 25025 | 50000 |
| netStockIssuance | - | - | - | - | - | - | - | 90325 |
| netCommonStockIssuance | - | - | - | - | - | - | - | 90325 |
| commonStockIssuance | - | - | - | - | - | - | - | 90325 |
| commonStockRepurchased | - | -20010 | - | - | - | - | - | - |
| netPreferredStockIssuance | - | -20010 | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -1767 | -14991 | -28211 | - | - | - | - | - |
| netCashProvidedByFinancingActivities | 145.5K | 641.12K | 372.84K | 671K | 960.5K | 124.5K | 25025 | 140.32K |
| date | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 2072 | 3006 | 1866 | 2036 | 2646 | 2757 | 2541 | 2672 | 2831 | 3488 |
| costOfRevenue | 1068 | 1071 | 1491 | 660 | 969 | 1026 | 986 | 1100 | 1077 | 1038 |
| grossProfit | 1004 | 1935 | 375 | 1376 | 1677 | 1731 | 1555 | 1572 | 1754 | 2450 |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 82586 | 98581 | 102.34K | 94000 | 83313 | 97487 | 110.67K | 86836 | 254.56K | 206.81K |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 82586 | 98581 | 102.34K | 94000 | 83313 | 97487 | 110.67K | 86836 | 254.56K | 206.81K |
| otherExpenses | - | - | - | - | - | - | - | - | - | - |
| operatingExpenses | 82586 | 98581 | 102.34K | 94000 | 83313 | 97487 | 110.67K | 86836 | 254.56K | 206.81K |
| costAndExpenses | 83654 | 99652 | 103.83K | 94660 | 84282 | 98513 | 111.66K | 87936 | 255.63K | 207.85K |
| netInterestIncome | -3749 | -3417 | -2903 | -3298 | -3162 | -2854 | -2797 | - | -5781 | -6039 |
| interestIncome | - | - | - | - | - | - | - | - | - | - |
| interestExpense | 3749 | 3417 | 2903 | 3298 | 3162 | 2854 | 2797 | - | 5781 | 6039 |
| depreciationAndAmortization | 81582 | 96646 | 101.96K | 92624 | 81636 | 95756 | 109.12K | 100.15K | 247.02K | 198.32K |
| ebitda | - | - | 62660 | - | - | - | - | 74365 | 49244 | -6039 |
| ebit | -81582 | -96646 | -39304 | -92624 | -81636 | -95756 | -109.12K | -25789 | -192K | -198.32K |
| nonOperatingIncomeExcludingInterest | -3749 | -3417 | -2903 | -3298 | -3162 | -2854 | -2797 | -74365 | -55025 | -6039 |
| operatingIncome | -85331 | -100.06K | -42207 | -95922 | -84798 | -98610 | -111.92K | -100.04K | -197.78K | -204.36K |
| totalOtherIncomeExpensesNet | - | - | - | - | - | - | - | 110 | 49244 | - |
| incomeBeforeTax | -85331 | -100.06K | -42207 | -95922 | -84798 | -98610 | -111.92K | -100.04K | -197.78K | -204.36K |
| incomeTaxExpense | - | - | - | - | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | -85331 | -100.06K | -42207 | -95922 | -84798 | -98610 | -111.92K | -100.04K | -197.78K | -204.36K |
| netIncomeFromDiscontinuedOperations | 11559 | 14714 | 64123 | 131.37K | -37095 | 32164 | -26667 | -7734 | -57016 | -133.12K |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -73772 | -85349 | 21916 | 35451 | -121.89K | -66446 | -138.58K | -107.78K | -254.79K | -337.48K |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -73772 | -85349 | 21916 | 35451 | -121.89K | -66446 | -138.58K | -107.78K | -254.79K | -337.48K |
| eps | -3.19 | -3.7 | 0.95 | 1.54 | -5.28 | -2.88 | -6 | -4.73 | -11.27 | -14.94 |
| date | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 7677 | 38033 | 28083 | 14145 | 7220 | 4589 | 17757 | 4505 | 6137 | 3024 |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 7677 | 38033 | 28083 | 14145 | 7220 | 4589 | 17757 | 4505 | 6137 | 3024 |
| netReceivables | 2674 | 1855 | 475 | 5442 | 5512 | 4908 | 3308 | 2478 | 2608 | 1860 |
| accountsReceivables | 2674 | 1855 | 475 | 5442 | 5512 | 4908 | 3308 | 2478 | 2608 | 1860 |
| otherReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | -0.0 | - | - | - | 0.0 | - | - | - |
| prepaids | - | - | - | 27888 | - | - | - | - | - | - |
| otherCurrentAssets | 27802 | 28064 | 27934 | - | 28400 | 27252 | 27620 | 27396 | 27060 | 27166 |
| totalCurrentAssets | 38153 | 67952 | 56492 | 47475 | 41132 | 36749 | 48685 | 34379 | 35805 | 32050 |
| propertyPlantEquipmentNet | - | - | - | - | - | - | - | - | - | - |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | - | - | - | - | - | - | - | - | - | - |
| totalNonCurrentAssets | - | - | - | - | - | - | - | - | - | - |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 38153 | 67952 | 56492 | 47475 | 41132 | 36749 | 48685 | 34379 | 35805 | 32050 |
| totalPayables | 67562 | 80937 | 62518 | 119.19K | 121.64K | 122.37K | 114.04K | 120.82K | 147.68K | 267.31K |
| accountPayables | 67562 | 80937 | 62518 | 119.19K | 121.64K | 122.37K | 114.04K | 120.82K | 147.68K | 267.31K |
| otherPayables | - | - | - | - | - | - | - | - | - | - |
| accruedExpenses | 854.56K | 788.67K | 734.29K | 668.29K | 602.29K | 536.29K | 481.7K | 420.7K | 360.48K | 306.98K |
| shortTermDebt | 1.95M | 1.95M | 1.91M | 1.88M | 1.84M | 1.82M | 1.8M | 1.73M | 1.56M | 1.28M |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | 602.29K | 536.29K | 100 | 400 | 360.48K | 306.98K |
| otherCurrentLiabilities | 311.92K | 320.45K | 332.2K | 393.42K | 521.85K | 481.84K | 511.15K | 481.69K | 772.49K | 710.03K |
| totalCurrentLiabilities | 3.18M | 3.14M | 3.04M | 3.06M | 3.09M | 2.96M | 2.9M | 2.75M | 2.85M | 2.57M |
| longTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | - | - | - | - | - | - | - | - | - |
| totalNonCurrentLiabilities | 2.02M | 2.03M | 1.98M | -0.0 | 1.96M | 1.94M | 1.91M | 1.85M | 1.71M | 1.55M |
| otherLiabilities | -2.02M | -2.03M | -1.98M | - | -1.96M | -1.94M | -1.91M | -1.85M | -1.71M | -1.55M |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 3.18M | 3.14M | 3.04M | 3.06M | 3.09M | 2.96M | 2.9M | 2.75M | 2.85M | 2.57M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | 636 | 636 | 636 | 636 | 636 | 636 | 636 | 636 | 636 | 744 |
| commonStock | 23 | 23 | 23 | 23 | 4618 | 4618 | 4618 | 4618 | 4618 | 4518 |
| retainedEarnings | -3.51M | -3.43M | -3.35M | -3.37M | -3.41M | -3.28M | -3.22M | -3.08M | -2.97M | -2.72M |
| additionalPaidInCapital | 161.8K | 161.8K | 161.8K | 161.8K | 157.21K | 157.21K | 157.21K | 157.21K | 157.21K | 177.21K |
| date | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | 5065 | -100.06K | -42207 | -95922 | -84798 | -98610 | -111.92K | 215.47K | -311.81K | -470.6K |
| depreciationAndAmortization | - | - | - | - | - | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | 65326 | 181.19K | -59904 | 63582 | 67247 | 56260 | 56790 | 36358 | 26711 | 30260 |
| accountsReceivables | -819 | -1380 | -540 | 70 | -604 | -1600 | -830 | 2277 | -748 | -294 |
| inventory | - | - | - | - | - | 54960 | 60776 | - | - | - |
| accountsPayables | - | 128.32K | -125.32K | -3000 | 2999 | 3000 | -2856 | -25931 | -26147 | -5130 |
| otherWorkingCapital | 66145 | 54250 | 65954 | 66512 | 64852 | -100 | -300 | 60012 | 53606 | 35684 |
| otherNonCashItems | -87372 | -122.36K | 71070 | 2942 | 2910 | 2855 | 2797 | -416.2K | 34449 | 271.6K |
| netCashProvidedByOperatingActivities | -16981 | -41229 | -31041 | -29398 | -14641 | -39495 | -52329 | -164.37K | -250.65K | -168.74K |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | - | - | - | - | - | - | - | - | - |
| netCashProvidedByInvestingActivities | - | - | - | - | - | - | - | - | - | - |
| netDebtIssuance | - | 35760 | 38997 | 35770 | 21000 | 21000 | 69500 | 163.39K | 282.22K | 160K |
| longTermNetDebtIssuance | - | - | 38997 | 35770 | 21000 | 21000 | 69500 | 163.39K | 282.22K | 160K |
| shortTermNetDebtIssuance | - | 35760 | - | - | - | - | - | - | - | - |
| netStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netCommonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -13375 | 15419 | 5982 | 553 | -3728 | 5327 | -3919 | -655 | -28464 | 7477 |
| netCashProvidedByFinancingActivities | -13375 | 51179 | 44979 | 36323 | 17272 | 26327 | 65581 | 162.74K | 253.76K | 167.48K |