Welcome to our dedicated page for World Scan Proj SEC filings (Ticker: WDSP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The World Scan Project, Inc. (WDSP) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, including Forms 8-K that describe material events such as product unveilings and technology presentations. These filings are sourced from the SEC’s EDGAR system and updated as new documents become available.
In its recent 8-K and 8-K/A reports, World Scan Project, Inc. details the development and unveiling of STAR WALKERS, an all-electric vertical takeoff and landing (eVTOL) flying sports car designed in Japan. The filings outline planned specifications, safety features such as obstacle avoidance and automatic landing, and the start of non-binding, fully refundable pre-orders, while emphasizing that STAR WALKERS remains a prototype subject to technical, regulatory, and market uncertainties.
The company’s filings also describe JIKAI, a high-performance magnetic field sensor presented at the Ukraine Mine Action Conference (UMAC2025) in Tokyo. Disclosures explain that JIKAI achieves ultra-high sensitivity, can be deployed on drones or underwater robots, and integrates with JIKAI-VISION software to visualize data as heat maps over geospatial layers for mine and unexploded ordnance detection planning.
Another focus in WDSP’s 8-K reports is ZEXA CLUSTER, an immersion-cooled computing platform designed for AI workloads. The company explains that the system submerges CPUs in commonly available water sources to manage heat and is intended for modular, scalable computing, while noting that commercial versions may differ from the prototype and remain subject to validation and compliance.
Stock Titan’s platform enhances these filings with AI-powered summaries that highlight key points, risk factors, and technical descriptions, helping readers interpret dense regulatory language. Users can review the full text of 8-Ks and related reports, track how the company characterizes forward-looking risks, and follow the evolution of projects such as STAR WALKERS, JIKAI, and ZEXA CLUSTER over time.
World Scan Project (OTC: WDSP) reported that its subsidiary, World Scan Project Corporation, presented and unveiled its next‑generation magnetic field sensor, JIKAI, at the Ukraine Mine Action Conference (UMAC2025) in Tokyo.
JIKAI targets humanitarian mine clearance, delivering 15–20 picotesla sensitivity, surpassing conventional fluxgate methods. The compact, rugged sensor can be mounted on drones or underwater robots to survey hazardous or inaccessible areas. Paired with JIKAI‑VISION software, collected data can be visualized as heat maps over geospatial layers to aid planning.
Attendees expressed interest and suggested field testing and practical implementation. The company intends to accelerate development and implementation, leveraging conference feedback. A translated press release is included as Exhibit 99.1, and the filing includes forward‑looking statements cautionary language.
World Scan Project, Inc. filed an 8-K/A to correct its prior report, clarifying that the STAR WALKERS eVTOL unveiling took place in Japan, while a separate ZEXA CLUSTER unveiling occurred the same day in Taiwan. The amendment also refines technical wording to “Eight counter-rotating motors and propellers.”
The company is accepting fully refundable, non-binding pre-orders for STAR WALKERS with anticipated 2027 deliveries, subject to regulatory approvals, certification, and order volume. ZEXA CLUSTER is described as an immersion-cooled computing platform aimed at AI workloads, with commercial details contingent on validation and compliance.
World Scan Project (WDSP) reported that its subsidiary, WSP Japan, began accepting pre-orders for its next‑generation air mobility vehicle, STAR WALKERS, on October 16, 2025. The listed price is approximately ¥21,500,000 or $160,000 (excluding tax), with reservations available via the official site.
STAR WALKERS is described as a compact, single‑passenger, all‑electric eVTOL with advanced sensors, GPS‑based stability, obstacle avoidance, and automatic landing. The press release cites an estimated delivery start in 2027 and highlights rapid charging, quiet operation, and zero‑emission propulsion. Provided specifications include a maximum takeoff weight of 246 kg, maximum speed of 50–60 km/h, range of about 10–14 km, and flight time of 8–16 minutes.
The company includes extensive cautions: the prototype is for display purposes only, features and performance may differ, deliveries may extend beyond 2027, and there is no assurance a commercial version will be produced.
World Scan Project, Inc. (WDSP) announced the public unveiling of two products by its Tokyo subsidiary at a corporate event in Taiwan: the STAR WALKERS eVTOL prototype and the ZEXA CLUSTER computing platform.
STAR WALKERS is a single-passenger, battery-powered eVTOL intended for short-range flight. The company is accepting pre-orders that are non-binding and fully refundable, with anticipated deliveries in 2027, subject to regulatory approvals, certification, and order volume. The prototype lists planned specs such as a maximum speed of 50–60 km/h, a cruising range of approximately 10–14 km, and flight time of about 8–16 minutes, alongside automated safety features like obstacle avoidance and automatic landing. The company notes deliveries may extend beyond 2028.
ZEXA CLUSTER is an immersion-cooled AI computing platform designed to submerge CPUs in commonly available water sources, targeting efficient heat management without specialized fluids. Any commercial version may differ materially and deployment remains subject to validation, manufacturing readiness, and applicable approvals.
World Scan Project, Inc. reported lower sales but narrower losses for the nine months ended July 31, 2025. Revenue was
The company posted a modest net loss of
Cash and cash equivalents were
World Scan Project, Inc. filed an Amendment No. 1 to its previously filed quarterly report to correct a clerical error in the number of preferred shares issued and outstanding reported in the Stockholders' Equity tables and to update the signature date. The amendment states no other changes were made to the original filing. The filing includes unaudited financial statement references and snippets of balance and activity figures (shares authorized and issued, selected asset and accrual amounts, lease costs, depreciation policy, and advance payments related to cryptocurrency miner sales), but many numeric items appear fragmented and the amendment focuses solely on correcting the share count and signature.
World Scan Project, Inc. reported higher profitability but weaker cash for the quarter and six months ended April 30, 2025. Six‑month revenue was $8.7 million, down from $10.9 million a year earlier, mainly from lower crypto miner sales, yet gross profit rose to $3.2 million as cost of revenues fell. The company moved from a six‑month net loss of $0.2 million to net income of $0.3 million, helped by lower general and administrative spending.
Total assets were $25.8 million, with inventories of $16.1 million and advance payments of $5.0 million tied largely to cryptocurrency miners, while total liabilities dropped to $2.0 million. Shareholders’ equity increased to $23.8 million, boosted by $5.2 million of common share sales and favorable currency translation. Despite the profit, operating activities used $6.7 million of cash, leaving only $120,263 in cash at period end. Management also disclosed material weaknesses in internal controls, including heavy reliance on a single executive, limited board independence, and lack of an audit committee.
World Scan Project, Inc. reported a small profit for the quarter ended January 31, 2025 while revenue declined. Revenue was $4,084,010, down from $6,635,195 a year earlier, mainly due to lower sales of cryptocurrency miners. Cost of revenues fell more than sales, lifting gross profit margin and leading to net income of $101,969 versus a net loss of $308,262 in the prior-year quarter.
Cash and cash equivalents were $1,449,453, and total shareholders’ equity increased to $21,722,465, helped by issuing 437,000 common shares for $5,244,000 through an S-1 offering. Operating activities used $5,293,451 of cash, largely from reductions in payables and advances, while financing inflows from share sales mostly offset this. Management states current cash is sufficient to fund operations, but also discloses ongoing material weaknesses in internal control because key functions are concentrated in one executive and the company lacks an audit committee and a majority of outside directors.
World Scan Project, Inc. (WDSP) amended its quarterly report to restate previously net-presented revenue to a gross presentation after discussions with its auditor. The amendment discloses revenues and cost of revenues for periods ended July 31, 2024 and July 31, 2023, and shows a decrease in revenues driven mainly by reduced sales of cryptocurrency miners. The company reported significant research and development expenses for technology and cooling systems (multimillion-dollar amounts) that contributed to a net loss before tax of $3,416,587 for the year ended October 31, 2023, which led to an income tax credit of $2,092,461. The filing notes capitalization of certain software costs after year-end, advance payments and prepaid expenses of approximately $5.6 million as of July 31, 2024, depreciation expense of $41,114 for the period, lease costs recorded, and changes in share counts and authorized shares.
World Scan Project, Inc. filed an amended quarterly report for the period ended April 30, 2024 to restate revenue from crypto miner sales, changing presentation from net to gross so that both product revenue and related cost of revenues are fully shown.
For the six months ended April 30, 2024, the company reported revenue of $10,856,066, down from $23,261,095 a year earlier, mainly due to lower crypto miner sales, and moved from net income of $7,148,756 to a net loss of $197,986. Operating cash flow was negative $10,588,383, driven by advance manufacturing payments, inventory purchases, and lower revenue, while cash fell to $231,669, partially offset by $5,832,000 of equity raised from selling 486,000 shares.
Working capital increased to about $11.1 million, and total shareholders’ equity rose to $13,542,629, but management still reports material weaknesses in internal controls, including reliance on a single executive, limited board oversight, and lack of an audit committee.