Company research
GEMAXEL INC
CIK 1961Updated Sep 27, 2026
SecurityWDDD · OTC · equity
Name history
WORLDS INC · through Apr 1, 2025Worlds.com, Inc. · through Nov 14, 2011WORLDS COM INC · through May 21, 2008ACADEMIC COMPUTER SYSTEMS INC · through Jan 20, 1998
WDDD price & chart
Loading TradingView…
OTC:WDDD on TradingView ↗In the news
No coverage from other publishers is available.
Recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
10-Q filing
10-Q filing
10-Q filing
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 5.03, 9.01
Show 5 more recent filings
Financials
FY 2024 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 15,130Source | 265,401Source | 7,778Source | 284,104Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 6,380Source | 244,856Source | 7,778Source | 44,421Source |
| Assets, CurrentUSD | 15,130Source | 265,401Source | 7,778Source | 52,643Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 3,668,675Source | 3,407,564Source | 3,232,120Source | 3,295,014Source |
| Stockholders’ equity: | ||||
| Additional Paid in CapitalUSD | 42,335,725Source | 42,335,725Source | 42,335,725Source | 41,513,730Source |
| Retained Earnings (Accumulated Deficit)USD | 47,253,296Source | 46,741,914Source | 46,824,093Source | 45,788,666Source |
| Stockholders' Equity Attributable to ParentUSD | -3,653,545Source | -3,142,163Source | -3,224,342Source | -3,010,910Source |
| Liabilities and EquityUSD | 15,130Source | 265,401Source | 7,778Source | 284,104Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 3,668,675Source | 3,407,564Source | 3,232,120Source | 3,295,014Source |
| Accounts Payable, CurrentUSD | 809,928Source | 798,108Source | 797,908Source | 975,255Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 1,768,703Source | 1,688,026Source | 1,660,933Source | 1,546,480Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -238,476Source | -239,761Source | -830,034Source | -1,422,560Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | 476,839Source | 793,391Source | 992,394Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | 237,078Source | -36,643Source | -430,166Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 6,380Source | 244,856Source | 7,778Source | — |
| Additional Financial Items | ||||
| Gain (Loss) on Disposition of Intangible AssetsUSD | — | 400,000Source | — | — |
| Gain (Loss) Related to Litigation SettlementUSD | — | — | 17,780Source | — |
| Net Income (Loss) Attributable to ParentUSD | -511,382Source | 82,179Source | -1,035,427Source | -614,170Source |
| Stock or Unit Option Plan ExpenseUSD | 0Source | 0Source | 821,995Source | 109,874Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Selling, General and Administrative ExpenseUSD | 175,917Source | 101,451Source | 1,297,681Source | 1,539,998Source |
| Operating Income (Loss)USD | -435,472Source | 317,035Source | -1,503,693Source | -1,865,204Source |
| Net Income (Loss) Attributable to ParentUSD | -511,382Source | 82,179Source | -1,035,427Source | -614,170Source |
| Earnings Per Share, BasicUSD per share | -0.01Source | 0Source | -0.02Source | -0.01Source |
| Earnings Per Share, DilutedUSD per share | — | — | — | -0.01Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 57,112,506Source | 57,112,506Source | 57,112,506Source | 57,072,544Source |
| Additional Financial Items | ||||
| Gain (Loss) Related to Litigation SettlementUSD | — | — | 17,780Source | — |
| Interest ExpenseUSD | 75,910Source | 77,625Source | 75,883Source | 76,063Source |
| Interest Expense, DebtUSD | — | — | — | 76,063Source |
| Interest Income, OperatingUSD | — | — | — | 14,194Source |
| Research and Development ExpenseUSD | 0Source | — | — | — |