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Worlds Inc   (WDDD)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 
Price: $0.0300 $0.01 20.000%
Day's High: $0.03 Week Perf: 25 %
Day's Low: $ 0.03 30 Day Perf: 100 %
Volume (M): 73 52 Wk High: $ 0.04
Volume (M$): $ 2 52 Wk Avg: $0.01
Open: $0.03 52 Wk Low: $0.00



 Market Capitalization (Millions $) 2
 Shares Outstanding (Millions) 57
 Employees 1
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Worlds Inc
We used our technology to produce three-dimensional portals and web sites. We believe that our core technology delivers a considerably faster frame rate for user experiences and, in some cases, a meaningful productivity increase in art production and integration over its previous generation production tools. Our technology permits the development of virtual worlds which have broad applications. These applications include but are not limited to:

• a virtual meeting place (such as a fan club);

• a 3D e-commerce store (where merchandise can be viewed in 3D and purchased online); and

• a virtual classroom (where content can be viewed via video streaming and then discussed in real time).

Our core technology has substantial elements written in Sun Microsystems programming language, Java, including WorldsBrowser and WorldsShaper, so we expect that it can be made portable across Windows and UNIX Platforms because of Javas platform independence.

Our core technology includes:

• WorldsShaper: WorldsShaper is the visual authoring component of our platform. It allows for quick assembly of pieces to create multi-user, shared state, virtual worlds. The WorldsShaper is an advanced compositing 3D building tool that integrates pre-existing or custom content, such as 3D models, textures or images created in Adobes Photoshop, or midi or wave sound files, with architectural geometry and interactive behaviors and actions written in Java. The architectural building blocks for creating 3D worlds, the flexibility and power of integrating professional modeling and imaging tools, and the extensibility via Java make the WorldsShaper a tool well-suited for rapid creation of 3D environments.

• WorldsServer: WorldsServer is the scalable software that we use to control and operate our on-line virtual communities. WorldsServer manages the registration and authentication of users, the locations of users within the 3D environment, the physical structure of the 3D environment, all information regarding objects that are "shared" by the participants and any of the interactions between the users such as text chat. This platform also integrates an HTTP server for the delivery of other content such as audio and video streaming and secure e-commerce applications.

• WorldsBrowser: WorldsBrowser is used to access the 3D environments. The browser is optimized for speed, delivering relatively fast frame rates per second in highly textured virtual 3D worlds.

• WorldsPlayer™: The WorldsPlayer allows users to view and experience our multi-user, interactive technology. Any world created with the WorldsShaper will be viewable and navigable with the WorldsPlayer. The WorldsPlayer has a high frame rate for fast, quality graphics, an easy-to-use graphic user interface, 2D web browser integration, automatic upgrade capability over the internet and a complete communication tool set including text chat, voice-to-voice chat, e-mail and animation.

• Worlds Gamma Libraries: The Worlds Gamma Libraries are composed of sample worlds, textures, models, avatars, actions, sensors, sounds, motion sequences, and other behaviors.

Worlds Inc. will be focused solely on expanding our patent portfolio and to enforce our rights where it believes parties are infringing on its IP portfolio.

We have contracted to MariMed Inc. a perpetual world-wide license to our patented technology. Pursuant to the license, Worlds Online has the right to issue unlimited sublicenses to the licensed technology, subject to our reasonable consent. The sublicenses are subject to a revenue share negotiated between the two Companies. However, inasmuch as the patents are currently expired we do not expect any licenses to be issued.



   Company Address: 11 Royal Road Brookline 2445 MA
   Company Phone Number: 725-8900   Stock Exchange / Ticker: WDDD


Customers Net Income grew by WDDD's Customers Net Profit Margin grew to

22.57 %

21.43 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
SMSI   -9.83%    
G        0.31% 
• View Complete Report
   



Worlds Inc

Software & Programming Company Faces Decline in First Quarter 2023 Earnings

Investors in the stock market have eagerly awaited the reporting season for the first quarter of 2024 at the business. Despite not having high hopes for any positive changes, the stockholders were taken aback by the recent operating shortfall of $-0.087124 million during the same period. However, these setbacks have not dampened their spirits, as they anticipate new revenue sources to enter the picture soon, given the corporation's current stage of development.
Rather than focusing solely on the recent operational results of the Software & Programming company, shareholders are setting their sights on the future. They understand that in a dynamic industry like this, it is crucial to look ahead and seize opportunities as they arise.

Worlds Inc

Company Gears Up for Revolutionary Turnaround with a Jaw-Dropping $0 Million Top-line in Q3 2023

Worlds Inc., a leading virtual reality (VR) technology company, recently reported its financial results for the third quarter of 2023. The company has achieved balanced books of $0.00 per share, which is the same as the previous year and the preceding financial reporting period. While the revenue remained unchanged at $0.00 million compared to the same period last year and sequentially from the previous reporting period, Worlds Inc recorded a net loss of $-0.091 million during this quarter, instead of achieving a balanced result as it did in the previous year.
Worlds Inc is scheduled to announce its next financial earnings on March 30, 2024. This announcement will provide further insight into the company's financial performance and prospects.

Worlds Inc

Worlds Inc Struggles to Generate Profits with Zero Revenue, Shares Plummet in Q2 2023



Worlds Inc, a leading technology company, recently released its financial results for the period of April to June 2023. The report indicates that the company's shares have performed poorly in recent days, with a significant decline in value. Additionally, Worlds Inc reported a net shortfall and zero revenue for the quarter, showing a decline compared to the previous year. This article will provide an overview of the financial performance of Worlds Inc during the specified period.
1. Zero Revenue:
During the April to June 2023 period, Worlds Inc reported zero revenue per share, remaining unchanged from the previous financial reporting period. Comparatively, the company had also recorded zero revenue per share a year ago. This lack of revenue signifies a challenging period for the company in generating profits.

Worlds Inc

A Disappointing Performance in the Latest Fiscal Period

Worlds Inc is a technology company that specializes in providing virtual world solutions across a wide range of industries, including healthcare, education, and gaming. Founded in 1994, the company has faced a multitude of challenges over the years, including a bankruptcy filing in 2012. Despite these setbacks, Worlds Inc has continued to provide innovative solutions for the virtual world market.
The recent financial report for Worlds Inc indicates that the company has recorded a cumulative net loss of $-1 million during the 12 months ending in the first quarter of 2023. This is a significant decrease from the prior quarter, and the company's overall ranking has also deteriorated compared to the previous quarter. However, despite these financial challenges, Worlds Inc has achieved the highest revenue per employee among its peers within the technology sector.










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