Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$2.738M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
1.49%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$3.014M
Q3 2024
Cash
Q3 2024
P/E
-2.976
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $415.1K $1.836M $472.4K $190.3K $250.0K $0.00 $500.0K $0.00
YoY Change -77.39% 288.57% 148.22% -23.87% -100.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $415.1K $1.836M $472.4K $190.3K $250.0K $0.00 $500.0K $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $4.347M $8.435M $772.9K $2.246M $3.305M $732.9K $72.68K
YoY Change -48.46% 991.45% -65.58% -32.05% 350.87% 908.42%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $75.00K
YoY Change
% of Gross Profit
Operating Expenses $5.529M $10.51M $795.2K $2.187M $3.980M $932.8K $88.20K
YoY Change -47.38% 1221.37% -63.64% -45.05% 326.67% 957.64%
Operating Profit -$2.389M -$3.693M -$10.04M
YoY Change -35.31% -63.2%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense $6.601K -$13.81M -$3.451M -$57.31K -$39.70K -$34.21K
YoY Change -100.05% 300.23% 5921.93% 44.36% 16.05%
% of Operating Profit
Other Income/Expense, Net -$3.275M -$2.511M $186.9K $0.00 -$110.0K
YoY Change 30.43% -1443.7% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income -$5.650M -$6.212M -$23.66M -$4.056M -$4.888M -$4.020M -$467.1K -$88.20K
YoY Change -9.05% -73.74% 483.36% -17.02% 21.6% 760.67% 429.55%
Income Tax $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$5.650M -$6.212M -$22.75M -$4.013M -$4.598M -$4.020M -$467.1K -$88.20K
YoY Change -9.05% -72.69% 466.94% -12.73% 14.38% 760.67% 429.55%
Net Earnings / Revenue -1361.2% -338.4% -4815.23% -2108.23% -1839.16% -93.41%
Basic Earnings Per Share -$0.06 -$0.08 -$0.37
Diluted Earnings Per Share -$0.06 -$0.08 -$372.2K -$134.1K -$199.8K -$235.4K -$67.35K -$14.70K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $567.0K $33.34K $1.270K $898.1K $215.0K $56.05K
YoY Change 1600.75% 2525.2% -99.86% 317.76% 283.57%
Cash & Equivalents $567.0K $33.34K $1.270K $898.1K $215.0K $56.05K
Short-Term Investments
Other Short-Term Assets $88.29K $18.35K $41.62K $972.1K $65.02K
YoY Change 381.14% -55.91% -95.72% 1395.02%
Inventory
Prepaid Expenses
Receivables $0.00 $90.33K $0.00 $20.00K $500.0K
Other Receivables $0.00 $0.00 $0.00 $1.281M $100.8K
Total Short-Term Assets $655.3K $142.0K $42.89K $3.171M $880.8K $56.05K
YoY Change 361.43% 231.13% -98.65% 260.01% 1471.4%
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $480.8K $40.00 $40.00 $40.00 $40.00
YoY Change 1201850.0% 0.0% 0.0% 0.0%
Other Assets $24.77K
YoY Change
Total Long-Term Assets $4.681M $40.00 $30.00 $40.00 $30.00 $0.00
YoY Change 11701275.0% 33.33% -25.0% 33.33%
Total Assets $5.336M $142.1K $42.92K $3.171M $880.8K $56.05K
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $0.00 $158.4K $113.4K
YoY Change -100.0% 39.7%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $434.9K $526.3K $0.00 $0.00 $0.00
YoY Change -100.0% -17.38%
Long-Term Debt Due $0.00 $924.8K $898.8K
YoY Change -100.0% 2.89%
Total Short-Term Liabilities $1.250M $1.799M $1.845M $286.5K $182.9K $49.01K
YoY Change -30.51% -2.5% 543.96% 56.6% 273.23%
Long-Term Debt $0.00 $101.5K $101.5K $500.3K $500.3K $163.3K
YoY Change -100.0% 0.0% -79.71% 0.0% 206.44%
Other Long-Term Liabilities $474.6K $3.968M $115.5K $115.5K $52.95K
YoY Change -88.04% 3334.93% 0.0% 118.17%
Total Long-Term Liabilities $474.6K $4.070M $217.0K $615.9K $553.3K $163.3K
YoY Change -88.34% 1775.19% -64.76% 11.31% 238.87%
Total Liabilities $829.8K $5.535M $1.772M $902.3K $736.2K $212.3K
YoY Change -85.01% 212.38% 96.36% 22.56% 246.8%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding 99.02M shares 77.47M shares 61.13M shares
Diluted Shares Outstanding 99.02M shares 77.47M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $8.1485 Million

About WASTE ENERGY CORP.

MetaWorks Platforms, Inc. engages in the business of building and operation of FinTech Platforms-as-a-Service for digital currencies, digital securities tokens, and digital assets. The company is headquartered in Fairfield, California and currently employs 0 full-time employees. The company went IPO on 2013-10-09. The firm owns and operates blockchain platforms in the entertainment technology space. The company owns and operates movie distribution platforms Vuele.io and MusicFX.io, its fan engagement platform that creates connections between fans and artists using Web3 technologies. The firm's business model is to provide a turnkey set of services to develop and integrate Web 3.0/Metaverse technologies, NFT, blockchain, and cryptocurrency technologies. Its services include strategic planning, project planning, structure development and administration, business plan modeling, technology development support, whitepaper preparation, due diligence reporting, governance planning and management, and movie distribution. The firm also operates artificial intelligence (AI)-powered avatar metaverse platform UtopiaVR.com. The Utopia Metaverse provides a Web-based audio and video conferencing platform that utilizes three-dimensional (3D) Web technology.

Industry: Services-Business Services, NEC Peers: MICROSOFT CORP CYBERLOQ TECHNOLOGIES, INC. BIO KEY INTERNATIONAL INC Iveda Solutions, Inc. Data443 Risk Mitigation, Inc. FALCONSTOR SOFTWARE INC QXO, Inc. Zerify, Inc.