Quarterly report pursuant to Section 13 or 15(d)

Statements of Operations (Unaudited)

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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues        
Revenue $ 392,833 $ 233 $ 543,580 $ 677
Total 392,833 233 543,580 677
Cost and Expenses        
Cost of Revenue 113,289 2,400 254,849 7,300
Gross Profit (loss) $ 279,544 $ (2,167) 288,731 (6,623)
Options expense 77,820 $ 35,999
Amorization of intangibe asset $ 6,667 20,000
Consulting expense 15,000 $ 15,000 45,000 $ 45,000
Selling, General & Admin. 111,709 30,841 330,659 100,143
Payroll and related taxes 139,889 48,125 470,370 144,375
Total expenses 273,265 93,966 943,850 325,517
Operating (loss) 6,280 (96,133) (655,118) (332,140)
Interest Expense $ (57,274) $ (24,016) (131,185) $ (25,315)
Interest income $ 5,106
Loss on extinguishment of Debt $ (19,078)
Loss on conversion of payable to common stock $ (2,556) $ (2,556)
Realized gain on trading securities $ 5,404
Unrealized loss on trading securities $ (3,338) $ (2,124) $ (3,713) $ (8,332)
Unrealized gain on trading securities $ 480
Goodwill impariment loss $ (6,515,990) $ (6,515,990)
Total other income (expenses) $ (63,168) (6,542,130) $ (131,869) (6,563,312)
Net (Loss) (56,889) (6,638,263) (786,987) $ (6,895,452)
Less: Net loss attribuable to noncontrolling interests 61,275 (3,192,835) (123,674)
Net (loss) attributable to Worlds Online common shareholders $ (118,163) $ (3,445,428) $ (663,314) $ (6,895,452)
Weighted Average Loss per share (basic and fully diluted) $ (0.11) $ (0.02) $ (0.12)
Weighted Average Common Shares Outstanding 32,019,275 31,954,236 31,976,154 31,881,554