Wave Sync Corp. operates as a development stage company, which engages in the development and proliferation of bank cards and electronic payment system. It intends to employ secured encryption to debit and credit cards that can be transmitted via audio wave technology. The company was founded on December 23, 1988 and is headquartered in Randolph, NJ.
Company profile
Ticker
WAYS
Exchange
CEO
Zu Yue Xiang
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
China Bio-Energy Corp., China INSOnline Corp., DEXTERITY SURGICAL INC, LIFEQUEST MEDICAL INC
SEC CIK
Corporate docs
IRS number
742559866
WAYS stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
10 Jul 23
8-K
Wave Sync Corp. Announces Letter of Intent for Business Combination
26 May 23
UPLOAD
Letter from SEC
19 Dec 22
CORRESP
Correspondence with SEC
8 Dec 22
UPLOAD
Letter from SEC
24 Oct 22
CORRESP
Correspondence with SEC
7 Oct 22
8-K
Entry into a Material Definitive Agreement
6 Sep 22
NT 10-Q
Notice of late quarterly filing
17 Aug 22
8-K
Changes in Registrant's Certifying Accountant
5 Aug 22
8-K
Other Events
19 Jul 22
Financial summary
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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 |
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Cash on hand (at last report) | 555.72 k | 555.72 k | 555.72 k | 555.72 k | 555.72 k | 555.72 k |
Cash burn (monthly) | 773.91 k | (no burn) | 54.08 k | 152.23 k | 107.07 k | 155.76 k |
Cash used (since last report) | 23.15 mm | n/a | 1.62 mm | 4.55 mm | 3.20 mm | 4.66 mm |
Cash remaining | -22.59 mm | n/a | -1.06 mm | -4.00 mm | -2.65 mm | -4.10 mm |
Runway (months of cash) | -29.2 | n/a | -19.6 | -26.3 | -24.7 | -26.3 |