| Summary Of Significant Accounting Policies (Policies) | 12 Months Ended |
| Dec. 31, 2015 |
| Summary Of Significant Accounting Policies Policies | |
| Basis of Presentation and Organization | Basis
of Presentation and Organization Global
Technologies Corp. (“Global Technologies” or the “Company”) is a Delaware corporation and has commenced
limited operations. The Company was incorporated under the laws of the State of Delaware on July 28, 2014. The company has developed
a business plan for a software solution that will connect via Bluetooth or similar technology to a Tablet or iPad that is connected
to the cash register at a retail outlet. The
Company is in the process of raising additional equity capital to support its development activities. The
Company’s activities are subject to significant risks and uncertainties, including failing to secure additional funding
to operationalize the Company’s technology and to properly execute the company’s business plan. The
accompanying financial statements of the Company were prepared from the accounts of the Company under the accrual basis of accounting. |
| Cash and Cash Equivalents | Cash
and Cash Equivalents For
purposes of reporting within the statement of cash flows, the Company considers all cash on hand, cash accounts not subject to
withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of three months or less
to be cash and cash equivalents. |
| Revenue Recognition | Revenue
Recognition The
Company is in the development stage and has yet to realize revenues from operations. Once the Company has commenced operations,
it will recognize revenues when completion of services has occurred provided there is persuasive evidence of an agreement, acceptance
has been approved by its customers, the fee is fixed or determinable based on the completion of stated terms and conditions, and
collection of any related receivable is probable. |
| Loss Per Common Share | Loss
per Common Share Basic
loss per share is computed by dividing the net loss attributable to the common stockholders by the weighted average number of
shares of common stock outstanding during the period. Fully diluted loss per share is computed similar to basic loss per share
except that the denominator is increased to include the number of additional common shares that would have been outstanding if
the potential common shares had been issued and if the additional common shares were dilutive. There were no dilutive financial
instruments issued or outstanding for the year ended December 31, 2015. |
| Income Taxes | Income
Taxes Income
taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are determined based on temporary
differences between the bases of certain assets and liabilities for income tax and financial reporting purposes. The deferred
tax assets and liabilities are classified according to the financial statement classification of the assets and liabilities generating
the differences. The
Company maintains a valuation allowance with respect to deferred tax assets. The Company establishes a valuation allowance based
upon the potential likelihood of realizing the deferred tax asset and taking into consideration the Company’s financial
position and results of operations for the current period. Future realization of the deferred tax benefit depends on the existence
of sufficient taxable income within the carryforward period under the Federal tax laws. Changes
in circumstances, such as the Company generating taxable income, could cause a change in judgment about the realizability of the
related deferred tax asset. Any change in the valuation allowance will be included in income in the year of the change in estimate. |
| Fair Value of Financial Instruments | Fair
Value of Financial Instruments Financial
Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 820 “Fair Value Measurements and Disclosures”
(ASC 820) defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit
price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants
on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant
assumptions developed based on market data obtained from independent sources (observable inputs) and (2) a reporting entity’s
own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable
inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices
in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The
three levels of the fair value hierarchy are described below: Level
1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets
or liabilities. Level
2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or
indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar
assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability
(e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation
or other means. Level
3 - Inputs that are both significant to the fair value measurement and unobservable. The
Company estimates the fair value of financial instruments using the available market information and valuation methods. Considerable
judgment is required in estimating fair value. Accordingly, the estimates of fair value may not be indicative of the amounts the
Company could realize in a current market exchange. As of December 31, 2015, the carrying value of accounts payable, accrued liabilities,
and loans approximated fair value due to the short-term nature and maturity of these instruments. |
| Deferred Offering Costs | Deferred
Offering Costs The
Company defers as other assets the direct incremental costs of raising capital until such time as the offering is completed. At
the time of the completion of the offering, the costs are charged against the capital raised. Should the offering be terminated,
deferred offering costs are charged to operations during the period in which the offering is terminated. |
| Impairment of Long-Lived Assets | Impairment
of Long-Lived Assets The
Company evaluates the recoverability of long-lived assets and the related estimated remaining lives when events or circumstances
lead management to believe that the carrying value of an asset may not be recoverable. For the years ended December 31, 2015 and
2014, no events or circumstances occurred for which an evaluation of the recoverability of long-lived assets was required. |
| Common Stock Registration Expenses | Common
Stock Registration Expenses The
Company considers incremental costs and expenses related to the registration of equity securities with the SEC, whether by contractual
arrangement as of a certain date or by demand, to be unrelated to original issuance transactions. As such, subsequent registration
costs and expenses are expensed as incurred. |
| Estimates | Estimates The
financial statements are prepared on the basis of accounting principles generally accepted in the United States. The preparation
of financial statements in conformity with generally accepted accounting principles requires management to make estimates and
assumptions that affect the reported amounts of assets and liabilities as of December 31, 2015 and 2014, and expenses for the
years ended December 31, 2015 and 2014. Actual results could differ from those estimates made by management. |
| Fiscal Year End | Fiscal
Year End The
Company has adopted a fiscal year end of December 31. |
| Recent Accounting Pronouncements | Recent
Accounting Pronouncements In
June 2014, the FASB issued Accounting Standards Update (ASU) No. 2014-10, “Development Stage Entities (Topic 915) Elimination
of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation”.
This ASU does the following among other things: a) eliminates the requirement to present inception-to-date information on the
statements of income, cash flows, and shareholders’ equity, b) eliminates the need to label the financial statements as
those of a development stage entity, c) eliminates the need to disclose a description of the development stage activities in which
the entity is engaged, and d) amends FASB ASC 275, Risks and Uncertainties, to clarify that information on risks and uncertainties
for entities that have not commenced planned principal operations is required. The amendments in ASU No. 2014-10 related to the
elimination of Topic 915 disclosures and the additional disclosure for Topic 275 are effective for public companies for annual
and interim reporting periods beginning after December 15, 2014. Early adoption is permitted. The Company has evaluated this ASU
and early adopted beginning with the year ended December 31, 2014. In
August 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”)
No. 2014-15, “Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an
Entity's Ability to Continue as a Going Concern” (“ASU 2014-15”). ASU 2014-15 is intended to define management’s
responsibility to evaluate whether there is substantial doubt about an organization’s ability to continue as a going concern
and to provide related footnote disclosures. The amendments in this ASU are effective for reporting periods beginning after December
15, 2016, with early adoption permitted. The Company is currently assessing the impact the adoption of ASU 2014-15 will have on
its financial statements. There
were various other updates recently issued, most of which represented technical corrections to the accounting literature or application
to specific industries. None of the updates are expected to a have a material impact on the Company's financial position,
results of operations or cash flows. |
