WDDD Worlds Dashboard

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

OTC

Website

www.worlds.com

CEO

Thomas Kidrin

Incorporated

Delaware

Location

Massachusetts

Fiscal year end

Dec 31

Sector

Technology Services > Other Technology

Industry (SIC)

Services - Prepackaged Software

Microsoft • Oracle • Activision Blizzard • BlackBerry • NortonLifeLock • Adobe • Vmware • Ceridian HCM Holding • McAfee • SolarWinds ...

Former names

ACADEMIC COMPUTER SYSTEMS INC, WORLDS COM INC, Worlds.com, Inc.

SEC CIK

0000001961

Corporate docs

Articles of Incorporation & Bylaws

IRS number

221848316

WDDD stock data

S&P 500

1M 1Y 2Y 5Y

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

16 Mar 21

22 Apr 21

31 Dec 21

Financial summary

Financial statements Chart WDDD financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Worlds earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	474.59K	474.59K	474.59K	474.59K	474.59K	474.59K
Cash burn (monthly)	105.27K	91.35K	121.25K	125.57K	104.08K	90.17K
Cash used (since last report)	393.92K	341.85K	453.72K	469.86K	389.46K	337.41K
Cash remaining	80.66K	132.74K	20.87K	4.73K	85.13K	137.18K
Runway (months of cash)	0.8	1.5	0.2	0.0	0.8	1.5

Beta Read what these cash burn values mean

Institutional ownership Q4 2020

WDDD institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

0.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2	0	NEW
Opened positions	2	0	NEW
Closed positions	0	1	EXIT
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	46K	0	NEW
Total shares	153.36K	0	NEW
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Hudson Valley Investment Advisors	153.35K	$46K	NEW
Captrust Financial Advisors	10	$0	NEW

Largest transactions	Shares	Bought/sold	Change
Hudson Valley Investment Advisors	153.35K	+153.35K	NEW
Captrust Financial Advisors	10	+10	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Revenue was $0 for the years ended December 31, 2020 and 2019. All the operations were transferred over to MariMed Inc. in the spin off. The Company’s sources of revenue are anticipated to be from enforcing our patents in litigation or otherwise. We still need to raise a sufficient amount of capital to provide the resources required that would enable us to expand our business.
Selling general and administrative (S, G & A) expenses increased by $400,817 from $630,655 to $1,031,472 for the year ended December 31, 2020. The increase is due to an increase in legal costs related to the patent infringement litigation cases.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	7th grade Good

New words: Alan, Albright, alter, arm, asserted, awaiting, Berquist, burden, condensed, confer, conference, critical, Daily, Daubert, Davidson, deadline, Defendant, dispute, economy, entrepreneur, enumerated, estoppel, extrinsic, Gowdey, havoc, hour, Jackon, joint, Jury, length, limine, Markman, Microsoft, mindful, mitigate, narrow, narrowed, narrowing, notice, opposition, pandemic, Plaintiff, preliminary, prescribed, pretrial, proof, readily, rebuttal, reclassified, resumed, revised, riskier, Selection, Submission, surviving, sweeping, TBD, temporarily, thereto, Transcript, triable, Western, whichever, wreaking

Removed: advertising, appealed, behalf, CAFC, cancel, canceling, Circuit, contested, expensed, exploration, gain, Godfrey, holder, hope, instituted, marketable, mirror, oral, Petition, prepare, represented, subscription, Susman, treated, vigorously

From filing 10-K 2020 FY