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
Location
Fiscal year end
Sector
Industry (SIC)
Microsoft • Oracle • Mobileye Global • Gen Digital • Activision Blizzard • BlackBerry • Vmware • Adobe • Ceridian HCM Holding • McAfee ...
Former names
ACADEMIC COMPUTER SYSTEMS INC, WORLDS COM INC, Worlds.com, Inc.
SEC CIK
Corporate docs
IRS number
221848316
WDDD stock data
Latest filings (excl ownership)
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
7 Nov 22
10-Q
2022 Q3
Quarterly report
4 Nov 22
10-Q
2022 Q2
Quarterly report
10 Aug 22
10-Q
2022 Q1
Quarterly report
13 May 22
10-K
2021 FY
Annual report
30 Mar 22
10-Q
2021 Q3
Quarterly report
8 Nov 21
10-Q
2021 Q2
Quarterly report
13 Aug 21
10-Q
2021 Q1
Quarterly report
17 May 21
10-K
2020 FY
Annual report
16 Mar 21
10-Q
2020 Q3
Quarterly report
12 Nov 20
Latest ownership filings
Financial summary
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| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 58.00 k | 58.00 k | 58.00 k | 58.00 k | 58.00 k | 58.00 k |
| Cash burn (monthly) | (no burn) | 23.69 k | 33.48 k | 127.02 k | 37.32 k | 84.39 k |
| Cash used (since last report) | n/a | 136.91 k | 193.49 k | 734.17 k | 215.69 k | 487.80 k |
| Cash remaining | n/a | -78.91 k | -135.49 k | -676.17 k | -157.69 k | -429.80 k |
| Runway (months of cash) | n/a | -3.3 | -4.0 | -5.3 | -4.2 | -5.1 |
Institutional ownership, Q2 2021
0.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 2 |
| Opened positions | 1 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 1 |
| 13F shares | Current |
|---|---|
| Total value | 12.00 k |
| Total shares | 120.01 k |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Hudson Valley Investment Advisors | 120.00 k | $12.00 k |
| Captrust Financial Advisors | 10.00 | $0.00 |