GEMAXEL INC. (formerly known as Worlds Inc.): 10-K filed 2023-03-31

Name: GEMAXEL INC. (formerly known as Worlds Inc.): 10-K filed 2023-03-31
Creator: GEMAXEL INC. (formerly known as Worlds Inc.)

What GEMAXEL INC. (formerly known as Worlds Inc.) reported in its annual report filed 2023-03-31 (fiscal FY 2022): 20 published measures, 42 facts as tagged in accession 0001264931-23-000006.

This filing

Form: 10-K (annual report)
Filed: 2023-03-31
Fiscal period: fiscal FY 2022
Accession: 0001264931-23-000006 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All GEMAXEL INC. (formerly known as Worlds Inc.) filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2022-12-31	7,778	USD
At 2021-12-31	284,104	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2022-12-31	3,232,120	USD
At 2021-12-31	3,295,014	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2022-12-31	-3,224,342	USD
At 2021-12-31	-3,010,910	USD
At 2020-12-31	-2,669,888	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2022-12-31	7,778	USD
At 2021-12-31	44,421	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2022-01-01 to 2022-12-31	-1,035,427	USD	365
2021-01-01 to 2021-12-31	-614,170	USD	365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2022-01-01 to 2022-12-31	-830,034	USD	365
2021-01-01 to 2021-12-31	-1,422,560	USD	365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2022-01-01 to 2022-12-31	793,391	USD	365
2021-01-01 to 2021-12-31	992,394	USD	365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2022-12-31	46,824,093	USD
At 2021-12-31	45,788,666	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2022-01-01 to 2022-12-31	57,112,506	shares	365
2021-01-01 to 2021-12-31	57,072,544	shares	365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2022-01-01 to 2022-12-31	-0.02	USD/shares	365
2021-01-01 to 2021-12-31	-0.01	USD/shares	365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2022-01-01 to 2022-12-31	-1,503,693	USD	365
2021-01-01 to 2021-12-31	-1,865,204	USD	365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2022-12-31	7,778	USD
At 2021-12-31	52,643	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2022-01-01 to 2022-12-31	75,883	USD	365
2021-01-01 to 2021-12-31	76,063	USD	365

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2022-12-31	3,232,120	USD
At 2021-12-31	3,295,014	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2022-12-31	797,908	USD
At 2021-12-31	975,255	USD

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2022-01-01 to 2022-12-31	1,297,681	USD	365
2021-01-01 to 2021-12-31	1,649,872	USD	365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2022-12-31	57,112,506	shares
At 2021-12-31	57,112,506	shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2022-12-31	7,778	USD
At 2021-12-31	44,421	USD
At 2020-12-31	474,587	USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2022-12-31	42,335,725	USD
At 2021-12-31	41,513,730	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2022-12-31	1,660,933	USD
At 2021-12-31	1,546,480	USD

Inspect the source

Entity: GEMAXEL INC. (formerly known as Worlds Inc.) / CIK 0000001961
Captured: 2026-09-21T17:16:14.470Z
SEC response SHA-256: 4431f75ff60bdb9368feea3cda952750c77fbdc26d47cf86adb9cb9c9e6e9c7b

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000001961.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))