Welsis Corp. (WLSS)
Welsis Corp. is a development stage company formed to conduct operations focused on virtual psychological therapy, also known as teletherapy or telepsychology services. The company provides psychological support to adolescents and adults, men and women, and offers therapy for individuals, couples, and families. The company was founded on August 16, 2021 and is headquartered in Philadelphia, PA.
Sector: Services-Health Services
Industry: Medical - Healthcare Information Services
Welsis Corp.
OTC:WLSSHealthcare · Medical - Healthcare Information Services
Mkt Cap-
Float753K
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$61K
Total Assets$2K
Free Cash Flow-$50K
Debt & Equity
Total Debt$0
Total Equity-$150K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in WLSS's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2K
Liabilities$68K
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
| Revenue | $0 | $2K | $31K | $0 |
| YoY Growth | - | -93.5% | - | - |
| Cost of Revenue | $0 | $0 | $15K | $0 |
| Gross Profit | $0 | $2K | $16K | $0 |
| Gross Margin | - | 100.0% | 51.5% | - |
| Research and Development | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $51K | $60K | $53K | $43K |
| Other | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $51K | $60K | $53K | $43K |
| Operating Income (EBIT) | -$51K | -$58K | -$37K | -$43K |
| Operating Margin | - | -2894.9% | -120.0% | - |
| Interest Expense | $10K | $6K | $4K | $0 |
| Interest Income | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$10K | $33K | -$4K | $0 |
| Income Before Tax (EBT) | -$61K | -$25K | -$41K | -$43K |
| Income Tax Expense | $0 | $0 | $0 | $0 |
| Net Income | -$61K | -$25K | -$41K | -$43K |
| Net Income Margin | - | -1234.2% | -132.9% | - |
| Supplementary Data | ||||
| EPS | -0.02 | -0.01 | -0.01 | -0.02 |
| Diluted EPS | -0.02 | -0.01 | -0.01 | -0.02 |
| Weighted Average OS | 2.75M | 2.75M | 2.75M | 2.75M |
| EBITDA | -$51K | -$10K | -$29K | -$43K |
| EBITDA Margin | - | -511.6% | -94.1% | - |
Balance Sheet
| Period | FY 2025 | FY 2023 | FY 2022 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-09-30 | 2023-09-30 | 2022-09-30 |
| Assets | |||
| Current Assets | |||
| Cash and Cash Equivalents | $0 | $10K | $0 |
| Short-Term Investments | $0 | $0 | $0 |
| Cash and Short-Term Investments | $0 | $10K | $0 |
| Accounts Receivable | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 |
| Other Current Assets | $2K | $0 | $19K |
| Total Current Assets | $2K | $10K | $19K |
| Long-Term Assets | |||
| Property, Plant & Equipment Net | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 |
| Intangible Assets | $0 | $23K | $31K |
| Long-Term Investments | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 |
| Total Long-Term Assets | $0 | $23K | $31K |
| Other Assets | $0 | $0 | $0 |
| Total Assets | $2K | $33K | $50K |
| Liabilities | |||
| Current Liabilities | |||
| Accounts Payable | $0 | $55K | $83K |
| Short-Term Debt | $0 | $40K | $0 |
| Current Income Tax Payable | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 |
| Other Current Liabilities | $85K | $0 | $0 |
| Total Current Liabilities | $85K | $151K | $87K |
| Long-Term Liabilities | |||
| Long-Term Debt | $0 | $40K | $40K |
| Long-Term Unearned Revenue | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | -$40K | $0 |
| Total Long-Term Liabilities | $0 | $0 | $40K |
| Other Liabilities | $0 | $0 | $0 |
| Total Liabilities | $68K | $151K | $127K |
| Stockholders' Equity | |||
| Preferred Stock | $0 | $0 | $0 |
| Common Stock | $276 | $276 | $276 |
| Retained Earnings | -$226K | -$141K | -$100K |
| Comprehensive Income & Other | $0 | $0 | $0 |
| Other Stockholders' Equity | $76K | $23K | $23K |
| Total Equity | -$150K | -$118K | -$77K |
| Minority Interest | $0 | $0 | $0 |
| Total Liabilities and Equity | -$82K | $33K | $50K |
| Supplementary Data | |||
| Total Debt | $0 | $80K | $40K |
| Net Debt | $0 | $70K | $40K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
| Operating Activities | ||||
| Net Income | -$61K | -$25K | -$41K | -$43K |
| Depreciation & Amortization | $0 | $8K | $8K | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||
| Accounts Receivable | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 |
| Accounts Payable | $3K | $17K | $0 | $0 |
| Other Working Capital | $0 | $9K | $11K | $0 |
| Total Working Capital Change | $0 | $26K | $11K | $0 |
| Other Non-Cash Items | $11K | -$40K | $0 | $4K |
| Net Cash from Operating | -$50K | -$30K | -$22K | -$39K |
| Investing Activities | ||||
| Capital Expenditures | $0 | $0 | -$23K | -$31K |
| Acquisitions | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | -$23K | -$31K |
| Financing Activities | ||||
| Debt Repaid | - | -$18K | - | -$39K |
| Common Stock Issuance | $0 | $0 | $0 | $23K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 |
| Other Financing Activities | $50K | $2K | $13K | $13K |
| Net Cash from Financing | $50K | $20K | $13K | $89K |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Change in Cash | $0 | -$10K | -$9K | $19K |
| Supplementary Data | ||||
| Operating Cash Flow | -$50K | -$30K | -$22K | -$39K |
| Capital Expenditure | $0 | $0 | -$23K | -$31K |
| Free Cash Flow | -$50K | -$30K | -$22K | -$70K |
| Cash at Beginning | $0 | $10K | $19K | $0 |
| Cash at End | $0 | $0 | $10K | $19K |