Welsis Corp. Financial Summary

Complete Filing Data

Welsis Corp. reported Stockholders Equity of -$118.0 thousand for FY2023.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Welsis Corp. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Net Income *-$60.7K-$24.7K-$41.1K-$56.9K
Revenues$0.00$2.0K$30.9K$0.00$0.00
Operating Income Loss-$50.6K-$57.9K-$37.1K-$42.8K-$56.9K
Operating Expenses$50.6K$59.9K$53.0K$42.8K$56.9K
General And Administrative Expense$50.6K$59.9K$53.0K$42.8K$56.9K
Income Taxes Paid Net$0.00$0.00$0.00$0.00$0.00
Other Nonoperating Income Expense-$10.1K$33.2K-$4.0K
Interest Expense$10.1K$6.5K$4.0K
Income Tax Expense Benefit$0.00$0.00$0.00
Gross Profit$0.00$2.0K$15.9K
Amortization Of Intangible Assets$0.00$8.0K$8.0K
Impairment Of Intangible Assets Finitelived$0.00$15.3K$0.00
Cost Of Revenue$0.00$15.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q2 2025Q1 2025Q4 2024Q2 2024Q1 2024Q4 2023Q2 2023Q1 2023Q4 2022Q2 2022Q1 2022Q4 2021Q3 2021
Net Income *-$10.0K-$8.7K-$8.7K-$24.3K-$17.4K$40.0K-$13.3K-$3.7K-$27.8K-$9.2K-$6.1K-$6.3K-$12.1K-$56.9K
Revenues$0.00$0.00$0.00$0.00$0.00$0.00$2.0K$4.4K$0.00$3.5K$0.00$0.00$0.00
Operating Income Loss-$6.8K-$5.9K-$6.5K-$22.2K-$15.7K-$14.0K-$12.3K-$2.7K-$26.8K-$9.2K-$6.1K-$6.3K-$12.1K
Operating Expenses$6.8K$5.9K$6.5K$22.2K$15.7K$14.0K$14.3K$7.1K$26.8K$12.7K$6.1K$6.3K$12.1K
General And Administrative Expense$6.8K$5.9K$6.5K$22.2K$15.7K$14.0K$14.3K$7.1K$26.8K$12.7K$6.1K$6.3K$12.1K
Income Taxes Paid Net$0.00$0.00$0.00$0.00$0.00
Other Nonoperating Income Expense-$3.2K-$2.8K-$2.2K-$2.0K-$1.7K$54.0K-$999.00-$997.00-$999.00
Interest Expense$3.2K$2.8K$2.2K$2.0K$1.7K$999.00$999.00$997.00$999.00
Income Tax Expense Benefit$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00$0.00$0.00$2.0K
Amortization Of Intangible Assets$0.00$2.0K
Impairment Of Intangible Assets Finitelived
Cost Of Revenue

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Stockholders Equity-$118.0K-$76.9K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$9.8K$18.7K$0.00$0.00
Retained Earnings Accumulated Deficit-$165.4K-$140.8K-$99.7K-$56.9K
Liabilities Noncurrent$17.9K$0.00$40.0K$40.0K
Liabilities Current$71.7K$151.1K$86.9K$56.0K
Liabilities And Stockholders Equity$0.00$33.2K$50.0K$39.3K
Liabilities$89.6K$151.1K$126.9K$96.0K
Interest Payable Current$14.8K$8.3K$4.3K$333.00
Common Stock Value$276.00$276.00$276.00$200.00
Assets Current$0.00$9.8K$18.7K$0.00
Assets$0.00$33.2K$50.0K$39.3K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect$0.00-$9.8K-$8.9K$18.7K$0.00
Long Term Notes Payable$40.0K$40.0K
Intangible Assets Net Excluding Goodwill$0.00$23.3K$31.3K$39.3K
Gains Losses On Extinguishment Of Debt$0.00$55.0K$0.00
Accounts Payable Current$68.3K$55.6K
Accounts Payable And Accrued Liabilities Current$16.9K$55.0K
Restricted Cash$18.7K$0.00
Notes Payable Current$40.0K$40.0K
Convertible Long Term Notes Payable$17.9K$0.00
Accounts Payable Related Party$14.3K
Accounts Payable Related Parties Current$100.00
Non Cash Forgiveness Of Related Party Debts Non Cash$0.00$53.0K
Assets Noncurrent$0.00$23.3K
Related Party Debts Written Off$53.0K$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Stockholders Equity-$160.4K-$150.3K-$131.3K-$122.6K-$113.9K-$89.6K-$55.6K-$38.2K-$131.2K-$117.6K-$113.9K-$86.1K-$79.5K-$75.1K-$68.8K-$56.7K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.4K$5.2K$963.00$14.3K$1.6K$0.00$0.00
Retained Earnings Accumulated Deficit-$236.1K-$226.1K-$207.1K-$198.4K-$189.7K-$131.4K-$114.0K-$154.0K-$140.4K-$136.7K-$108.9K-$81.4K-$75.3K
Liabilities Noncurrent$78.4K$67.9K$65.0K$53.1K$27.2K$50.8K$40.0K$40.0K$40.0K$40.0K$40.0K$40.0K$40.0K
Liabilities Current$83.1K$84.6K$68.5K$72.6K$90.8K$22.1K$17.6K$113.9K$108.1K$102.2K$89.7K$78.5K$73.1K
Liabilities And Stockholders Equity$1.1K$2.2K$2.2K$3.1K$4.1K$17.3K$19.3K$22.7K$30.5K$28.3K$43.6K$39.0K$38.0K
Liabilities$161.5K$152.5K$133.5K$125.7K$118.0K$72.9K$57.6K$153.9K$148.1K$142.2K$129.7K$118.5K$113.1K
Interest Payable Current$28.1K$24.9K$21.8K$19.0K$16.8K$12.0K$10.3K$9.3K$7.3K$6.3K$5.3K$3.3K$2.3K
Common Stock Value$276.00$276.00$276.00$276.00$276.00$276.00$276.00$276.00$276.00$276.00$276.00$206.00$200.00
Assets Current$1.1K$2.2K$2.2K$3.1K$4.1K$0.00$0.00$1.4K$5.2K$963.00$14.3K$1.6K$0.00
Assets$1.1K$2.2K$2.2K$3.1K$4.1K$17.3K$19.3K$22.7K$30.5K$28.3K$43.6K$39.0K$38.0K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect$0.00$0.00-$8.5K-$4.4K$0.00
Long Term Notes Payable$40.0K$40.0K$40.0K$40.0K$40.0K$40.0K$40.0K$40.0K$40.0K
Intangible Assets Net Excluding Goodwill$17.3K$21.3K$25.3K$27.3K$29.3K$37.3K$38.0K
Gains Losses On Extinguishment Of Debt$0.00$0.00$0.00$55.0K$0.00$0.00
Accounts Payable Current$77.3K$75.5K$73.7K$71.9K$70.1K$61.0K$59.2K
Accounts Payable And Accrued Liabilities Current$14.9K$19.7K$6.7K$13.6K$34.0K$10.1K$7.3K
Restricted Cash$1.4K$9.8K$5.2K$963.00$14.3K$1.6K
Notes Payable Current$40.0K$40.0K$40.0K$40.0K$40.0K
Convertible Long Term Notes Payable$78.4K$67.9K$65.0K$53.1K$27.2K
Accounts Payable Related Party$0.00$0.00$27.3K$27.3K$27.1K$24.0K
Accounts Payable Related Parties Current$14.3K$14.3K$14.2K$11.6K
Non Cash Forgiveness Of Related Party Debts Non Cash
Assets Noncurrent$17.3K
Related Party Debts Written Off

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Net Cash Provided By Used In Operating Activities-$49.9K-$30.0K-$21.9K-$38.8K-$56.6K
Net Cash Provided By Used In Financing Activities$49.9K$20.1K$13.0K$88.8K$95.9K
Increase Decrease In Interest Payable Net$10.1K$6.5K$4.0K$4.0K$333.00
Proceeds From Related Party Debt$0.00$2.2K$13.0K$14.2K$100.00
Proceeds From Notes Payable$31.3K$39.3K$40.0K
Increase Decrease In Accounts Payable And Accrued Liabilities$2.8K$16.9K$0.00
Proceeds From Other Debt$7.2K$12.7K$55.6K
Proceeds From Issuance Of Common Stock$0.00$22.6K$200.00
Net Cash Provided By Used In Investing Activities-$23.3K-$31.3K-$39.3K
Proceeds From Convertible Debt$49.9K$17.9K$0.00
Payments To Acquire Intangible Assets$23.3K$31.3K
Increase Decrease In Prepaid Expense$2.2K$0.00
Increase Decrease In Intangible Assets Current$31.3K$39.3K
Proceeds From Repayments Of Bank Overdrafts
Increase Decrease In Due To Related Parties Amount$3.0K$7.2K
Increase Decrease In Due From Related Parties Current
Increase Decrease In Consulting Fee Accrued Related Party$0.00$3.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q4 2024Q4 2023Q4 2022Q4 2021
Net Cash Provided By Used In Operating Activities-$10.5K-$9.3K-$8.5K-$6.2K-$11.1K
Net Cash Provided By Used In Financing Activities$10.5K$9.3K$0.00$32.5K$49.8K
Increase Decrease In Interest Payable Net$3.2K$2.0K$998.00$999.00$999.00
Proceeds From Related Party Debt$0.00$0.00$8.6K
Proceeds From Notes Payable$21.3K$30.7K$0.00
Increase Decrease In Accounts Payable And Accrued Liabilities-$4.8K$17.1K$0.00
Proceeds From Other Debt$1.8K$1.8K$1.8K
Proceeds From Issuance Of Common Stock$0.00$0.00$0.00
Net Cash Provided By Used In Investing Activities-$21.3K-$30.7K-$38.7K
Proceeds From Convertible Debt$10.5K$9.3K$0.00
Payments To Acquire Intangible Assets$21.3K$30.7K$38.7K
Increase Decrease In Prepaid Expense-$1.0K$4.1K$0.00
Increase Decrease In Intangible Assets Current-$2.0K$0.00
Proceeds From Repayments Of Bank Overdrafts$0.00$0.00$39.3K
Increase Decrease In Due To Related Parties Amount
Increase Decrease In Due From Related Parties Current$0.00-$1.8K
Increase Decrease In Consulting Fee Accrued Related Party

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Common Stock Shares Issued2.8M2.8M2.8M
Common Stock Shares Outstanding2.8M2.8M2.8M2.0M
Weighted Average Number Of Diluted Shares Outstanding2.8M2.8M2.8M2.1M2.0M
Earnings Per Share Diluted$-0.02$-0.01$-0.01$0.00$0.00
Common Stock Shares Authorized75.0M75.0M75.0M75.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00
Weighted Average Number Of Shares Outstanding Basic2.8M2.1M2.0M
Earnings Per Share Basic$0.00$0.00$0.00
Weighted Average Number Of Shares Outstanding Basic And Diluted
Earning Per Share Basic And Diluted
Shares Issued

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q2 2024Q1 2024Q4 2023Q2 2023Q1 2023Q4 2022Q2 2022Q1 2022Q4 2021Q3 2021
Common Stock Shares Issued2.8M2.8M2.8M2.8M2.8M2.8M2.8M2.8M2.8M2.8M2.8M2.1M2.0M2.0M
Common Stock Shares Outstanding2.8M2.8M2.8M2.8M2.8M2.8M2.8M2.8M2.8M2.8M2.8M2.1M2.0M
Weighted Average Number Of Diluted Shares Outstanding2.8M2.8M2.8M2.8M2.8M2.8M2.8M2.8M2.8M2.8M2.1M2.0M2.0M
Earnings Per Share Diluted$0.00$0.00$0.00$-0.01$-0.01$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Authorized75.0M75.0M75.0M75.0M75.0M75.0M75.0M75.0M75.0M75.0M75.0M75.0M75.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Weighted Average Number Of Shares Outstanding Basic2.8M2.8M2.8M2.8M2.1M2.0M2.0M
Earnings Per Share Basic$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Weighted Average Number Of Shares Outstanding Basic And Diluted2.8M2.8M2.8M2.8M
Earning Per Share Basic And Diluted$-0.01$0.01$0.00$-0.01
Shares Issued40.0K40.0K

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021
Additional Paid In Capital$75.5K$22.5K$22.5K$0.00
Interest Paid Net$0.00$0.00$0.00$0.00$0.00
Mobile Application And Website Development$31.3K$39.3K
Stock Issued During Period Value New Issues
Prepaid Expense Current$0.00
Forgiveness Of Related Party Loans$53.0K
Stock Issued During Period Value Issued For Services$200.00
Related Party Transactions Due To Related Parties$0.00$47.8K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q2 2022Q1 2022Q4 2021Q3 2021
Additional Paid In Capital$75.5K$75.5K$75.5K$75.5K$75.5K$75.5K$75.5K$22.5K$22.5K$22.5K$22.5K$1.7K$0.00
Interest Paid Net$0.00$0.00$0.00$0.00$0.00
Mobile Application And Website Development$19.3K$21.3K$23.3K$25.3K$27.3K$29.3K$37.3K$38.0K
Stock Issued During Period Value New Issues$1.7K$200.00
Prepaid Expense Current$1.1K$2.2K$2.2K$3.1K$4.1K
Forgiveness Of Related Party Loans$53.0K
Stock Issued During Period Value Issued For Services
Related Party Transactions Due To Related Parties

Most recent annual filing with the SEC: January 13, 2026

Data sourced from SEC EDGAR public filings as of August 6, 2026.