Global Gas Corporation balance sheet HGAS

Annual Quarterly

As of Jun 30, 2026, Global Gas Corporation had total assets of $16,064 and total liabilities of $380,351. Total assets were down 83.7% from a year earlier. Stockholders' equity was negative, at -$364,287, because liabilities exceed assets. It held $939 in cash and investments against $183,336 of total debt, net debt of $182,397. The current ratio, current assets divided by current liabilities, was 0.05.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020
Assets
Cash	0 -98.9%	0 -57.3%	0	—	—	—	1
Short-term investments	—	—	—	1	—	—	—
Cash and investments	0 -98.9%	0 -96.1%	0	1	—	—	1
Total current assets	0 -83.7%	0 -54.1%	0 -89.8%	1 -57.0%	3 +1218.4%	0 -83.4%	1
Total assets	0 -83.7%	0 -54.1%	0 -89.8%	1 -92.0%	15 -91.5%	173 -0.6%	174
Liabilities and equity
Accounts payable	—	—	—	—	2 +1314.4%	0 -60.3%	0
Total current liabilities	0 -8.9%	0 -37.8%	1 -63.7%	1 -68.8%	5 +148.0%	2 +277.3%	1
Total liabilities	0 -2.9%	0 -37.9%	1 -70.5%	2 -60.8%	5 -66.4%	15 -31.1%	21
Stockholders' equity	-0 -24.1%	-0 +33.5%	-0 +39.3%	-1 +63.2%	-2 +86.0%	-14 +27.9%	-20
Debt
Debt due within a year	0	0	—	0	—	—	—
Total debt	0	0	—	0	—	—	—
Net cash	-0	-0	—	1	—	—	—
Ratios
Current ratio	0.05x	0.17x	0.22x	0.80x	0.58x	0.11x	2.47x
Return on assets	-1,138.86%	43.94%	-108.26%	-25.35%	44.58%	3.21%	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. The first column is the latest balance sheet when it is newer than the latest fiscal year. More on our methodology.

Company profile

Industry: Industrial Inorganic Chemicals (SIC 2810)
Listed as: HGAS (OTC), HGASW (OTC)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: New York, NY
SEC filer status: Non-accelerated filer, Smaller reporting company, Emerging growth company
SEC CIK: 1817232
Former names: Dune Acquisition Corp (until Dec 20, 2023)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.