Gex Management (GXXM) 10-K 17 Apr 23 2022 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2022	Apr. 12, 2023	Mar. 31, 2023
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2022
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	001-38288
Entity Registrant Name	GEX MANAGEMENT, INC.
Entity Central Index Key	0001681556
Entity Tax Identification Number	56-2428818
Entity Incorporation, State or Country Code	TX
Entity Address, Address Line One	3662 W. Camp Wisdom Road
Entity Address, City or Town	Dallas
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75237
City Area Code	877
Local Phone Number	210-4396
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	true
Entity Shell Company	false
Entity Public Float			$ 340,328.60
Entity Common Stock, Shares Outstanding		680,657,196
Auditor Firm ID	6849
Auditor Name	Hudgens CPA, PLLC
Auditor Location	Houston, Texas

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Current Assets:
Cash and cash equivalents	$ 80,383	$ 347,838
Accounts receivable, net	345,639	156,465
Other current assets and prepaids	36,793	11,687
Total Current Assets	462,814	515,990
Total Assets	462,814	515,990
Current Liabilities:
Accounts payable	253,286	44,288
Related party payables	660,919	172,567
Accrued expenses	233,688	1,966,361
Accrued interest payable		99,445
Convertible notes payable, net	208,930	980,290
Settlement Payable		195,250
Line of credit – related party	483,677	483,677
Notes Payable		3,174,977
Total Current Liabilities	1,840,499	7,116,854
Total Liabilities	1,840,499	7,116,854
Shareholders’ Deficit
Common stock, $0.001 par value; 100,000,000,000 shares authorized, at December 31, 2022 and December 31, 2021 there were 592,462,070 and 172,478,025 issued and outstanding, respectively	592,916	175,627
Additional Paid-In-Capital	12,169,839	6,238,606
Accumulated Deficit	(14,140,439)	(13,015,097)
Total Shareholders’ Deficit	(1,377,685)	(6,600,864)
Total Liabilities and Shareholders’ Deficit	$ 462,814	$ 515,990

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000,000	100,000,000,000
Common stock, shares issued	592,462,070	172,478,025
Common stock, shares outstanding	592,462,070	172,478,025

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenues	$ 2,270,535	$ 1,301,949
Cost of Revenues	1,132,416	494,865
Gross Profit	1,138,119	807,084
Operating Expenses:
General and administrative	1,467,457	6,067,833
Total Operating Expenses	1,467,457	6,067,833
Total Operating Loss	(329,337)	(5,260,749)
Other Income (Expense)
Gain (loss) on Extinguishment of Debt		(600,000)
Interest Expense	(15,120)	(162,233)
Credit charges and debt adjustments	(671,408)	(142,947)
Other Income (Expense)	(109,477)	(43,048)
Net Other Income (Expense)	(796,005)	(948,228)
Net Loss	$ (1,125,342)	$ (6,208,977)
Income per common share:
Net loss per common share – basic and diluted	$ (0.002)	$ (0.04)
Weighted Average Shares:
Basic and diluted	592,462,070	175,173,661

Consolidated Statement of Chang

Consolidated Statement of Changes in Shareholders' Deficit - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance , value at Dec. 31, 2019	$ 1,044	$ 5,207,922	$ (6,581,174)	$ (1,372,208)
Balance, shares at Dec. 31, 2019	590,351
Shares issued for services	$ 132	24,783		$ 24,915
Share issued for services, shares	131,717			131,717
Shares issued of for debt conversions	$ 2,441	52,745	94,082	$ 149,268
Shares issued of for debt conversions, shares	2,440,976
Net Loss			(319,028)	(319,028)
Balance , value at Dec. 31, 2020	$ 3,616	5,285,449	(6,806,120)	(1,517,054)
Balance, shares at Dec. 31, 2020	3,163,044
Net Loss			(6,208,977)	(6,208,977)
Shares issued for warrants	$ 17,964	89,424		107,388
Shares issued for warrants, shares	17,964,215
Issuance of Common Shares for Debt Conversions	$ 154,046	863,732		1,017,779
Issuance of Common Shares for Debt Conversions, Shares	154,046,402
Balance , value at Dec. 31, 2021	$ 175,627	6,238,606	(13,015,097)	(6,600,864)
Balance, shares at Dec. 31, 2021	175,173,661
Net Loss			(1,125,342)	(1,125,342)
Shares issued for warrants	$ 29,489	73,723		103,212
Shares issued for warrants, shares	29,489,272
Issuance of Common Shares for Debt Conversions	$ 387,799	5,857,510		6,245,309
Issuance of Common Shares for Debt Conversions, Shares	387,799,137
Balance , value at Dec. 31, 2022	$ 592,915	$ 12,169,839	$ (14,140,439)	$ 1,377,685
Balance, shares at Dec. 31, 2022	592,462,070

Consolidated Statements of Cash

Consolidated Statements of Cash Flow - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating Activities:
Net Loss	$ (1,125,342)	$ (6,208,977)	$ (319,028)
Adjustments to reconcile net loss to net cash used by operating activities:
Depreciation and Amortization		213,600
Gain/loss on Extinguishment of Debt		600,000
Amortization of debt discount		539,433
Change in Assets and Liabilities:
Accounts Receivable	(189,174)	40,842
Other Current Assets	(25,106)	101,607
Other Assets	(4,141,587)	3,292,204
Related Party Payable	488,352
Accounts Payable	208,999	19,373
Accrued Expenses	(1,732,673)	118,488
Accrued Interest Payable	(99,445)	74,270
Net Cash Used by Operating Activities	(6,615,976)	(1,209,160)
Financing Activities:
Proceeds from convertible notes payable	6,348,521	1,550,357
Net Cash Provided by Financing Activities	6,348,521	1,550,357
Net increase in cash and cash equivalents	(267,455)	341,197
Cash and cash equivalents
Cash and cash equivalents at beginning of year	347,838	6,641
Cash and cash equivalents at end of year	80,383	347,838	$ 6,641
Non-Cash Investing and Financing Activities:
Common Shares Issued for Debt Conversions	387,799,137	154,046,402
Beneficial conversion feature		$ 1,334,143

DESCRIPTION OF BUSINESS AND SIG

DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES	NOTE 1. DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES Organization and Description of Business GEX Management, Inc. (“GEX”, the “Company”, “we”, “our”, “us”) is a professional business services company that was originally formed in 2004 as Group Excellence Management, LLC d/b/a MyEasyHQ. The Company converted from a limited liability company to a C corporation in March 2016, and changed its name to GEX Management, Inc. in April 2016. Basis of Presentation Our financial statements have been prepared in conformity with accounting principles generally accepted in the United States (“GAAP”), as well as the applicable regulations and rules of the Securities and Exchange Commission (“SEC”). This requires management to make estimates and assumptions that affect the amounts reported in the financial statements and their accompanying notes. The actual results could differ from those estimates Principles of Consolidation The consolidated financial statements include the accounts of GEX Management, Inc. and its wholly owned subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. There have been no significant changes to our accounting policies that have a material impact on our financial statements and accompanying notes. Related Parties Parties are considered to be related to the Company if the parties, directly or indirectly, through one or more intermediaries, control, are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal with if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. Cash and Cash Equivalents Cash and cash equivalents include cash in banks and short-term investments with original maturities of three months or less. The Company had no Accounts Receivable Accounts receivable consists of accrued services and consulting receivables due from customers. The receivables are generally due within 30 to 45 days after the date of the invoice. Accounts receivable is carried at their face amount, less an allowance for doubtful accounts. Write-offs are recorded at the time when a customer receivable is deemed uncollectible. Impairment of Long-Lived Assets The Company records an impairment of long-lived assets used in operations, other than goodwill, and its equity method investments when events or circumstances indicate that the asset might be impaired and the estimated undiscounted cash flows to be generated by those assets over their remaining lives are less than the carrying amount of those items. The net carrying value of assets not recoverable is reduced to fair value, which is typically calculated using the discounted cash flow method. The Company evaluated the long-lived assets as of December 31, 2022 and determined that the long lived assets should be fully impaired as they no longer held future value. As a result, the Company recorded an impairment expense in the amount Revenue Recognition GEX enters into contracts with its clients for management consulting services. GEX’s contract stipulates the rate and price charged to each client. GEX’s contracts for these services are generally cancellable at any time by either party with 30-days’ written notice. GEX fulfills its performance obligations each month, and the contracts generally have a term of one year with an automatic renewal after 12 months. Management Consulting Services GEX Management recognizes revenue for its management consulting services in accordance with ASC 606 - Revenue from Contracts with Customers. Revenue is recognized when control of the services is transferred to the client and the consideration for the services is expected to be collected. Control is transferred when the client is able to direct the use of and obtain substantially all of the benefits from the services provided. The revenue recognized is based on the transaction price, which is the amount of consideration that GEX expects to be entitled to in exchange for providing the services. The transaction price is determined based on the estimated costs to complete the project, as well as the estimated profit margin on the project. GEX Management typically enters into contracts with clients that specify the scope of services to be provided, the time period for which the services will be provided, and the fees for the services. Revenue is recognized over the period during which the services are provided, generally on a straight-line basis over the term of the contract. If there are any changes to the scope of the services or the fees for the services, GEX Management will assess whether these changes constitute a modification of the original contract. If a modification is deemed to exist, GEX will reassess the transaction price and adjust the revenue recognized accordingly. GEX Management also considers any variable consideration, such as performance bonuses or penalties, when recognizing revenue. If the amount of variable consideration cannot be estimated reliably, it will be excluded from the transaction price until it can be reliably estimated. In summary, GEX Management recognizes revenue for its management consulting services in accordance with ASC 606, based on the transfer of control of services to the client and the expected consideration to be collected. Revenue is recognized over the period during which the services are provided and is adjusted for any changes in scope or fees. All employees are completely vetted by the company to ensure their employment terms are in adherence to all applicable state. federal and immigration laws. Additionally, GEX Management carries professional liability and fidelity/crime insurance to protect against risks involving working at third party client locations that require the workers to handle sensitive client data and equipment. Income Taxes The Company uses the liability method in the computation of income tax expense and the current and deferred income taxes payable. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized. Fair Value Measurements ASC Topic 820 defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and requires certain disclosures about fair value measurements. In general, fair value of financial instruments is based upon quoted market prices, where available. If such quoted market prices are not available, fair value is based upon internally developed models that primarily use, as inputs, observable market-based parameters. Valuation adjustments may be made to ensure that financial instruments are recorded at fair value. These adjustments may include amounts to reflect counterparty credit quality and the Company’s credit worthiness, among other things, as well as unobservable parameters. Earnings Per Share Earnings per share are calculated in accordance with ASC 260 “Earnings per Share”. Basic income (loss) per share is computed by dividing the period income (loss) available to common shareholders by the weighted average number of common shares outstanding. Diluted earnings (loss) per share is computed by dividing the income (loss) available to common share holders by the weighted average number of common shares outstanding plus additional common shares that would have been outstanding if dilutive potential common shares had been issued. For purposes of this calculation, common stock dividends, warrants and options to acquire common stock, would be considered common stock equivalents in periods in which they have a dilutive effect and are excluded from this calculation in periods in which these are anti-dilutive to the net loss per share. Reclassifications Certain prior year amounts have been reclassified to conform to the current year presentation. Such reclassifications have had no effect on the financial position as of December 31, 2022, statements of operations or cash flows for the periods ended December 31 2022.

GOING CONCERN

GOING CONCERN	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 2. GOING CONCERN The accompanying financial statements have been prepared on a going concern basis. The working capital of the Company is currently negative and raises substantial doubt of the ability for the Company to continue. The Company requires capital for its operational activities. The Company’s ability to raise additional capital through the future issuances of common stock is unknown. The obtainment of additional financing, the successful development of the Company’s plan of operations, and its ultimate transition to the attainment of profitable operations are necessary for the Company to continue operations. The ability to successfully resolve these factors raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements of the Company do not include any adjustments that may result from the outcome of these aforementioned uncertainties. Management plans to continue funding operations through issuance of financing and issuance of securities until operations become profitable. However, there can be no assurance that the Company will be successful in its efforts to raise the capital necessary to continue as a going concern. During year ended December 31, 2022, the Company’s financial results and operations were not materially adversely impacted by the COVID-19 pandemic. The extent to which the Company’s future financial results could be impacted by the COVID-19 pandemic depends on future developments that are highly uncertain and cannot be predicted at this time. The Company is not aware of any specific event or circumstance that would require an update to its estimates or judgments or a revision of the carrying value of its assets or liabilities. These estimates may change, as new events occur, and additional information is obtained. Actual results could differ materially from these estimates under different assumptions or conditions. To date, the Company has not experienced any significant economic impact due to COVID-19.

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 3. STOCKHOLDERS’ EQUITY General On September 21, 2020, the Company issued 30,409 On September 23, 2020, the Company issued 31,872 On September 24, 2020, the Company issued 336,134 On September 25, 2020, the Company issued 39,085 On September 29, 2020, the Company issued 57,808 On October 6, 2020, the Company issued 60,693 On October 16, 2020, the Company issued 51,170 On November 2, 2020, the Company issued 66,294 On December 3, 2020, the Company issued 69,583 On December 8, 2020, the Company issued 72,860 On December 10, 2020, the Company issued 76,691 On December 10, 2020, the Company issued 72,860 On December 14, 2020, the Company issued 72,700 On December 15, 2020, the Company issued 84,153 On December 17, 2020, the Company issued 81,481 On December 21, 2020, the Company issued 84,153 On December 15, 2020, the Company issued 100,636 On December 24, 2020, the Company issued 105,658 On December 24, 2020, the Company issued 209,643 On December 28, 2020, the Company issued 81,633 On December 29, 2020, the Company issued 240,884 On December 30, 2020, the Company issued 272,828 On December 31, 2020, the Company issued 141,118 During the year ended December 31, 2020, the Company issued 131,717 24,915 In January 2021, the Company issued a total of 9,775,136 In February 2021, the Company issued a total of 16,464,637 In March 2021, the Company issued a total of 19,758,900 In April 2021, the Company issued a total of 14,216,850 In May 2021, the Company issued a total of 9,404,717 In June 2021, the Company issued a total of 24,611,656 In July 2021, the Company issued a total of 25,599,299 In August 2021, the Company issued a total of 27,291,759 In September 2021, the Company issued a total of 1,720,213 In December 2021, the Company issued a total of 15,310,308 In January 2022, the Company issued a total of 9,775,136 In February 2022, the Company issued a total of 16,464,637 In March 2022, the Company issued a total of 19,758,900 In April 2022, the Company issued a total of 19,700,000 In July 2022, the Company issued a total of 2,278,716 In August 2022, the Company issued a total of 66,491,311 In September 2022, the Company issued a total of 7,857,243 In November 2022, the Company issued a total of 75,133,436 In December 2022, the Company issued a total of 27,479,758

NOTES PAYABLE

NOTES PAYABLE	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
NOTES PAYABLE	NOTE 4. NOTES PAYABLE On April 26, 2018, the Company entered into two Securities Purchase Agreements, pursuant to which the Company issued Convertible Promissory Notes (“the Notes”) with principal amounts totalling up to $ 1,000,000 10 887,500 112,500 2.50 50 200,000 175,000 10% 5,000 50,000 4.00 five years 31,852 10 146,681 10 On April 26, 2018, the Company entered into two Securities Purchase Agreements, pursuant to which the Company issued Convertible Promissory Notes (“the Notes”) with principal amounts totaling up to $ 1,000,000 10 887,500 112,500 2.50 50 200,000 175,000 10 5,000 50,000 4.00 31,852 10 146,681 10 April 26, 2019 On April 26, 2018, the Company entered into a convertible note payable for $ 146,681 10 April 26, 2019 226,000 12 January 27, 2019 On August 8, 2018, the Company entered into a convertible note payable for $ 85,000 10 August 8, 2019 250,000 10 May 6, 2019 85,000 10 August 24, 2019 112,750 10 August 29, 2019 226,000 12 July 18, 2019 43,000 10 February 15, 2020 38,000 10 April 16, 2020 50,000 12 March 25, 2020 45,000 10 March 27, 2020 100,000 10 October 12, 2020 53,500 10 February 8, 2022 38,500 10 March 19, 2022 43,750 10 April 20, 2022 43,750 10 June 9, 2022 88,000 12 June 9, 2022 110,000 12 June 25, 2022 110,000 8 August 6, 2022 333,333.33 12 August 9, 2022 200,000.00 12 August 10, 2022 100,000.00 12 August 20, 2022 27,500 8 September 1, 2022 55,000 8 September 1, 2022 155,000 12 September 2, 2022 11,000 8 September 9, 2022

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 5. RELATED PARTY TRANSACTIONS On March 1, 2015 the Company entered into a Line of Credit Agreement with P413 at an interest rate of 6 483,677 The Company owed a director of the Company $ 660,919 172,567

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 6. COMMITMENTS AND CONTINGENCIES Litigation From time to time, claims are made against the Company in the ordinary course of its business, which could result in litigation. Claims and associated litigation are subject to inherent uncertainties and unfavorable outcomes could occur, such as monetary damages, fines, penalties, or injunctions prohibiting the Company from selling one or more products or engaging in other activities. The occurrence of an unfavorable outcome in any specific period could have a material adverse effect on the Company’s results of operations for that period or future periods. In 2019, a judgement was received against the Company awarding EMA Financial, a former note holder of the Company, settlement of default notes payable, accrued interest and fees in the amount of $ 195,250

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 7. SUBSEQUENT EVENTS

DESCRIPTION OF BUSINESS AND S_2

DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation Our financial statements have been prepared in conformity with accounting principles generally accepted in the United States (“GAAP”), as well as the applicable regulations and rules of the Securities and Exchange Commission (“SEC”). This requires management to make estimates and assumptions that affect the amounts reported in the financial statements and their accompanying notes. The actual results could differ from those estimates
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of GEX Management, Inc. and its wholly owned subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. There have been no significant changes to our accounting policies that have a material impact on our financial statements and accompanying notes.
Related Parties	Related Parties Parties are considered to be related to the Company if the parties, directly or indirectly, through one or more intermediaries, control, are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal with if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include cash in banks and short-term investments with original maturities of three months or less. The Company had no
Accounts Receivable	Accounts Receivable Accounts receivable consists of accrued services and consulting receivables due from customers. The receivables are generally due within 30 to 45 days after the date of the invoice. Accounts receivable is carried at their face amount, less an allowance for doubtful accounts. Write-offs are recorded at the time when a customer receivable is deemed uncollectible.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company records an impairment of long-lived assets used in operations, other than goodwill, and its equity method investments when events or circumstances indicate that the asset might be impaired and the estimated undiscounted cash flows to be generated by those assets over their remaining lives are less than the carrying amount of those items. The net carrying value of assets not recoverable is reduced to fair value, which is typically calculated using the discounted cash flow method. The Company evaluated the long-lived assets as of December 31, 2022 and determined that the long lived assets should be fully impaired as they no longer held future value. As a result, the Company recorded an impairment expense in the amount
Revenue Recognition	Revenue Recognition GEX enters into contracts with its clients for management consulting services. GEX’s contract stipulates the rate and price charged to each client. GEX’s contracts for these services are generally cancellable at any time by either party with 30-days’ written notice. GEX fulfills its performance obligations each month, and the contracts generally have a term of one year with an automatic renewal after 12 months. Management Consulting Services GEX Management recognizes revenue for its management consulting services in accordance with ASC 606 - Revenue from Contracts with Customers. Revenue is recognized when control of the services is transferred to the client and the consideration for the services is expected to be collected. Control is transferred when the client is able to direct the use of and obtain substantially all of the benefits from the services provided. The revenue recognized is based on the transaction price, which is the amount of consideration that GEX expects to be entitled to in exchange for providing the services. The transaction price is determined based on the estimated costs to complete the project, as well as the estimated profit margin on the project. GEX Management typically enters into contracts with clients that specify the scope of services to be provided, the time period for which the services will be provided, and the fees for the services. Revenue is recognized over the period during which the services are provided, generally on a straight-line basis over the term of the contract. If there are any changes to the scope of the services or the fees for the services, GEX Management will assess whether these changes constitute a modification of the original contract. If a modification is deemed to exist, GEX will reassess the transaction price and adjust the revenue recognized accordingly. GEX Management also considers any variable consideration, such as performance bonuses or penalties, when recognizing revenue. If the amount of variable consideration cannot be estimated reliably, it will be excluded from the transaction price until it can be reliably estimated. In summary, GEX Management recognizes revenue for its management consulting services in accordance with ASC 606, based on the transfer of control of services to the client and the expected consideration to be collected. Revenue is recognized over the period during which the services are provided and is adjusted for any changes in scope or fees. All employees are completely vetted by the company to ensure their employment terms are in adherence to all applicable state. federal and immigration laws. Additionally, GEX Management carries professional liability and fidelity/crime insurance to protect against risks involving working at third party client locations that require the workers to handle sensitive client data and equipment.
Income Taxes	Income Taxes The Company uses the liability method in the computation of income tax expense and the current and deferred income taxes payable. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.
Fair Value Measurements	Fair Value Measurements ASC Topic 820 defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and requires certain disclosures about fair value measurements. In general, fair value of financial instruments is based upon quoted market prices, where available. If such quoted market prices are not available, fair value is based upon internally developed models that primarily use, as inputs, observable market-based parameters. Valuation adjustments may be made to ensure that financial instruments are recorded at fair value. These adjustments may include amounts to reflect counterparty credit quality and the Company’s credit worthiness, among other things, as well as unobservable parameters.
Earnings Per Share	Earnings Per Share Earnings per share are calculated in accordance with ASC 260 “Earnings per Share”. Basic income (loss) per share is computed by dividing the period income (loss) available to common shareholders by the weighted average number of common shares outstanding. Diluted earnings (loss) per share is computed by dividing the income (loss) available to common share holders by the weighted average number of common shares outstanding plus additional common shares that would have been outstanding if dilutive potential common shares had been issued. For purposes of this calculation, common stock dividends, warrants and options to acquire common stock, would be considered common stock equivalents in periods in which they have a dilutive effect and are excluded from this calculation in periods in which these are anti-dilutive to the net loss per share.
Reclassifications	Reclassifications Certain prior year amounts have been reclassified to conform to the current year presentation. Such reclassifications have had no effect on the financial position as of December 31, 2022, statements of operations or cash flows for the periods ended December 31 2022.

DESCRIPTION OF BUSINESS AND S_3

DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Cash equivalents	$ 0	$ 0

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)																					1 Months Ended																			12 Months Ended
	Dec. 31, 2020	Dec. 30, 2020	Dec. 29, 2020	Dec. 28, 2020	Dec. 24, 2020	Dec. 21, 2020	Dec. 17, 2020	Dec. 15, 2020	Dec. 14, 2020	Dec. 10, 2020	Dec. 08, 2020	Dec. 03, 2020	Nov. 02, 2020	Oct. 16, 2020	Oct. 06, 2020	Sep. 29, 2020	Sep. 25, 2020	Sep. 24, 2020	Sep. 23, 2020	Sep. 21, 2020	Dec. 31, 2022	Nov. 30, 2022	Sep. 30, 2022	Aug. 31, 2022	Jul. 31, 2022	Apr. 30, 2022	Mar. 31, 2022	Feb. 28, 2022	Jan. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Aug. 31, 2021	Jul. 31, 2021	Jun. 30, 2021	May 31, 2021	Apr. 30, 2021	Mar. 31, 2021	Feb. 28, 2021	Jan. 31, 2021	Dec. 31, 2020
Short-Term Debt [Line Items]
Stock issued during period shares issued for services																																								131,717
Stock issued during period value issued for services																																								$ 24,915
Convertible Note [Member]
Short-Term Debt [Line Items]
Number of common shares issued for debt conversion	141,118	272,828	240,884	81,633	105,658	84,153	81,481	84,153	72,700	76,691	72,860	69,583	66,294	51,170	60,693	57,808	39,085	336,134	31,872	30,409	27,479,758	75,133,436	7,857,243	66,491,311	2,278,716	19,700,000	19,758,900	16,464,637	9,775,136	15,310,308	1,720,213	27,291,759	25,599,299	24,611,656	9,404,717	14,216,850	19,758,900	16,464,637	9,775,136
Convertible Note One [Member]
Short-Term Debt [Line Items]
Number of common shares issued for debt conversion					209,643			100,636		72,860

NOTES PAYABLE (Details Narrativ

NOTES PAYABLE (Details Narrative) - USD ($)																									1 Months Ended
	Sep. 09, 2021	Sep. 02, 2021	Sep. 01, 2021	Aug. 20, 2021	Aug. 10, 2021	Aug. 09, 2021	Aug. 06, 2021	Jun. 25, 2021	Jun. 09, 2021	Apr. 20, 2021	Mar. 19, 2021	Feb. 08, 2021	Oct. 12, 2019	Sep. 27, 2019	Apr. 16, 2019	Mar. 25, 2019	Feb. 15, 2019	Jan. 18, 2019	Aug. 29, 2018	Aug. 24, 2018	Aug. 14, 2018	Aug. 08, 2018	Aug. 02, 2018	Apr. 26, 2018	May 31, 2018
Convertible Notes Payable [Member]
Short-Term Debt [Line Items]
Convertible promissory note, principal amount	$ 11,000	$ 155,000	$ 27,500	$ 100,000	$ 200,000	$ 333,333.33	$ 110,000	$ 110,000	$ 43,750	$ 43,750	$ 38,500	$ 53,500	$ 100,000	$ 45,000	$ 38,000	$ 50,000	$ 43,000	$ 226,000	$ 112,750	$ 85,000	$ 250,000	$ 85,000	$ 226,000	$ 146,681
Interest rate	8%	12%	8%	12%	12%	12%	8%	12%	10%	10%	10%	10%	10%	10%	10%	12%	10%	12%	10%	10%	10%	10%	12%	10%
Debt instrument, maturity date	Sep. 09, 2022	Sep. 02, 2022	Sep. 01, 2022	Aug. 20, 2022	Aug. 10, 2022	Aug. 09, 2022	Aug. 06, 2022	Jun. 25, 2022	Jun. 09, 2022	Apr. 20, 2022	Mar. 19, 2022	Feb. 08, 2022	Oct. 12, 2020	Mar. 27, 2020	Apr. 16, 2020	Mar. 25, 2020	Feb. 15, 2020	Jul. 18, 2019	Aug. 29, 2019	Aug. 24, 2019	May 06, 2019	Aug. 08, 2019	Jan. 27, 2019	Apr. 26, 2019
Convertible Notes Payable One [Member]
Short-Term Debt [Line Items]
Convertible promissory note, principal amount			$ 55,000						$ 88,000
Interest rate			8%						12%
Debt instrument, maturity date			Sep. 01, 2022						Jun. 09, 2022
Two Securities Purchase Agreements [Member]
Short-Term Debt [Line Items]
Convertible promissory note, principal amount																								$ 1,000,000	$ 200,000
Interest rate																								10%	10%
Total proceeds from notes																								$ 887,500	$ 175,000
Discount on notes																								$ 112,500
Debt conversion price per share																								$ 2.50
Debt discount percentage																								50%
Debt origination fee																									$ 5,000
Warrant shares issued for debt issuance costs																									50,000
Warrant shares issued for debt issuance costs, exercise price per share																									$ 4
Warrants and outstanding term																									5 years
Fair value of warrants																									$ 31,852

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	Mar. 01, 2015	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Line of credit amount		$ 483,677	$ 483,677	$ 483,677
Due to related parties current		$ 660,919	$ 172,567
Credit Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Interest rate during period	6%

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative)	12 Months Ended
	Dec. 31, 2019 USD ($)
EMA Financial [Member]
Payments for legal settlements	$ 195,250