WDDD Worlds Inc.
On March 31, 2011, it was announced that our board had determined it would be in the best interest of our shareholders to transfer all of our online and operational technologies to our subsidiary, Worlds Online Inc. (currently called MariMed Inc.). The assets were transferred as of May 16, 2011 and included: Worlds’ technology platform, Worlds Ultimate Chat, Aerosmith World, DMC Worlds, Cinema Virtual, Pearson contracts and related revenue, URLs: Worlds.com, Cybersexworld.com, Hang.com, and Worldsfunds.com, a digital inventory of over 10,000 3D objects, animation sequences, an extensive avatar library, texture maps and virtual world architectures. The Company also entered into a License Agreement with MariMed Inc. to sublicense its patented technologies, which License expired upon the expiration of the underlying patents.
Company profile
Ticker
WDDD
Exchange
Website
CEO
Thomas Kidrin
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Oracle • Microsoft • Vmware • Activision Blizzard • NortonLifeLock • Adobe • salesforce.com • Ceridian HCM Holding • Intuit • SolarWinds ...
Former names
Academic Computer Systems Inc, Worlds Com Inc, Worlds.com, Inc.
SEC CIK
Corporate docs
IRS number
221848316
WDDD stock data
()
Investment data
Securities sold
Number of investors
Calendar
12 May 20
1 Jun 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Net income | -321.06K | -232.63K | -490.42K | -247.28K | |
| Diluted EPS | -0.01 | -0.01 | |||
| Operating income | -305.68K | -160.82K | -490.42K | -247.28K | |
| Net change in cash | -244.59K | -361.86K | -332.29K | -379.11K | |
| Cash on hand | 1.33M | 1.57M | 1.93M | 2.27M | |
| Cost of revenue |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Net income | -1.23M | 1.75M | -2.75M | -1.13M | |
| Diluted EPS | -0.02 | 0.03 | -0.06 | ||
| Operating income | -1.15M | -2.89M | -3.02M | -828.97K | |
| Net change in cash | -2.28M | 3.68M | 74.85K | 67.08K | |
| Cash on hand | 1.57M | 3.85M | 168.23K | 93.38K | |
| Cost of revenue |
Financial data from Worlds earnings reports
Institutional ownership Q4 2019
13F holders |
Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 1 |
| Increased positions | 0 |
| Reduced positions | 0 |
13F shares |
Current |
|---|---|
| Total value | 0 |
| Total shares | 0 |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|
Financial report summary
?Competition
Endeavor IpManagement Discussion
- Item 2. Management's Discussions and Analysis of Financial Condition and Results of Operations
- When used in this Form 10-Q and in other filings by the Company with the Commission, the words or phrases such as "anticipate," "believe," "could," "estimate," "expect," "intend," “hope”, "may," "plan," "predict," "project," "will" or similar expressions are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on any such forward looking statements, each of which speak only as of the date made. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical earnings and those presently anticipated or projected. The Company has no obligation to publicly release the result of any revisions which may be made to any forward-looking statements to reflect anticipated or unanticipated events or circumstances occurring after the date of such statements.
- These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different. These factors include, but are not limited to, changes that may occur to general economic and business conditions resulting from changes in political, social and economic conditions (whether or not related to terrorism, war, pandemic, weather, environmental or other factors) in the jurisdictions in which we operate and changes to regulations that pertain to our operations.
Content analysis
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| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
8th grade Avg
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New words:
answered, art, asserted, Berquist, challenged, complaint, condensed, conference, Construction, consumer, Davidson, deficiency, Delaware, denying, discovery, dispositive, doubt, earned, enumerated, environmental, estoppel, expert, Fact, free, Gowdey, havoc, implement, imputed, Jackon, Lab, lift, Linden, Maryellen, maximum, mindful, motion, narrowed, Narrowing, negatively, Noreika, opportunity, opposition, outcome, pandemic, Phase, prescribed, pretrial, proceed, product, readily, Rebuttal, rely, seeking, stockholder, strategic, Summary, support, surviving, sweeping, TBD, terrorism, thereto, unstayed, unstaying, war, weather, whichever, world, wreaking
Removed:
aggregate, agreed, appealed, Appellant, Appellee, argument, awaiting, behalf, CAFC, calculated, cancel, canceling, capitalized, Circuit, closed, contested, decision, diluted, Director, enhance, evidentiary, exercised, expire, extension, favorable, Federal, formal, gain, Godfrey, granted, holder, infringing, instituted, invalidity, issuance, joint, marketable, November, oral, ordering, panel, permitted, Petition, prepare, reached, record, remand, remanded, rename, represented, request, resolution, respond, response, ROU, ruling, specifically, stipulation, subscription, Susman, treated, unappealed, USPTO, vacated, validity, vigorously, yield
Financial reports
10-Q
2020 Q1
Quarterly report
12 May 20
10-K
2019 FY
Annual report
30 Mar 20
10-Q
2019 Q3
Quarterly report
7 Nov 19
10-Q
2019 Q2
Quarterly report
9 Aug 19
10-Q
2019 Q1
Quarterly report
14 May 19
10-K
2018 FY
Annual report
28 Feb 19
10-Q
2018 Q3
Quarterly report
14 Nov 18
10-Q
2018 Q2
Quarterly report
13 Aug 18
10-Q
2018 Q1
Quarterly report
15 May 18
10-K
2017 FY
Annual report
2 Apr 18
Current reports
8-K
Departure of Directors or Certain Officers
22 Feb 19
8-K
Changes in Registrant's Certifying Accountant
13 Dec 18
8-K
Entry into a Material Definitive Agreement
4 Sep 18
8-K
Unregistered Sales of Equity Securities
10 Aug 16
8-K
Submission of Matters to a Vote of Security Holders
21 Jun 16
8-K/A
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
19 Oct 15
8-K
Other Events
23 Jan 15
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
14 Oct 14
8-K
Submission of Matters to a Vote of Security Holders
24 Jul 13
8-K
Entry into a Material Definitive Agreement
16 Jul 13
Registration and prospectus
S-1/A
IPO registration (amended)
8 Jun 18
S-1
IPO registration
1 May 18
S-1
IPO registration
23 Aug 16
S-1
2013 Q3
IPO registration
4 Feb 14
S-8
Registration of securities for employees
24 May 13
D
$500K in equity / options, sold $302K, 15 investors
14 Feb 13
S-8
Registration of securities for employees
22 Nov 11
S-8
Registration of securities for employees
14 Mar 11
S-8
Registration of securities for employees
20 Dec 10
SB-2/A
Registration of securities for small business issuer (amended)
7 Feb 01
Proxies
DEFR14A
Revised proxy
17 May 16
DEF 14A
Definitive proxy
15 Apr 16
PRE 14A
Preliminary proxy
24 Mar 16
DEF 14A
Definitive proxy
7 Jun 13
PRER14A
Preliminary revised proxy
3 Jun 13
PRE 14A
Preliminary proxy
24 May 13
DEF 14A
Definitive proxy
19 May 10
PRER14A
Preliminary revised proxy
7 May 10
PRE 14A
Preliminary proxy
20 Apr 10
PRE 14A
Preliminary proxy
17 Sep 99
Other
EFFECT
Notice of effectiveness
22 Jun 18
UPLOAD
Letter from SEC
31 Aug 17
UPLOAD
Letter from SEC
17 Aug 17
EFFECT
Notice of effectiveness
7 Sep 16
CORRESP
Correspondence with SEC
2 Sep 16
UPLOAD
Letter from SEC
31 Aug 16
UPLOAD
Letter from SEC
20 Oct 15
UPLOAD
Letter from SEC
20 Oct 14
UPLOAD
Letter from SEC
16 Jul 14
CORRESP
Correspondence with SEC
7 Jul 14