XY Labs Inc (XYLB) Finansal

XY Labs, Inc. engages in the development, design, and sale of consumer products and applications, enterprise SaaS solutions, block chain, and cryptographic technologies and services. The company is headquartered in San Diego, California and currently employs 22 full-time employees. The company went IPO on 2022-09-21. The Company, through its wholly owned subsidiary, XYO Foundation is focused on providing software and technical documentation for public benefit, offering services and support to various like-minded software project communities consisting of individuals contributing to XYO projects, and governing the use and licensing of XYO open-source assets, such as trademarks, source code, and technical papers. Its products include XYO Network and COIN App. XYO is a self-sovereign data platform that allows people to make dApps without consensus. A dApp is any application that has a decentralized or cryptographic component. COIN is a mobile application enabling users to earn digital assets for validating geospatial location data when traveling, commuting, jogging or moving about the real world.