For the year ending 2025-12-31, MDWK has $4,048,772 in assets. $3,046,448 in debts.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash | 211,948 | |||
| Accounts receivable, net | 43,489 | |||
| Inventory | 820,956 | |||
| Prepaid expenses | 90,659 | |||
| Total current assets | 1,167,052 | |||
| Total property and equipment | 1,764,227 | |||
| Less accumulated depreciation | 495,672 | |||
| Fixed assets, net | 1,268,555 | |||
| Total intangible assets | 619,500 | |||
| Less accumulated amortization | 117,118 | |||
| Intangible assets, net | 502,382 | |||
| Right-of-use asset | 628,125 | |||
| Goodwill | 466,648 | |||
| Other non-current assets | 16,010 | |||
| Total assets | 4,048,772 | |||
| Accounts payable and accrued expenses | 1,560,425 | |||
| Notes payable-Nonrelated Party | 162,110 | |||
| Notes payable-Related Party | 117,500 | |||
| Deferred revenue | 457,178 | |||
| Right-of-use liability, current portion | 124,856 | |||
| Total current liabilities | 2,422,069 | |||
| Notes payable, net of current portion-Related Party | 38,126 | |||
| Notes payable, net of current portion-Nonrelated Party | 50,000 | |||
| Right-of use liability, net of current portion | 536,253 | |||
| Total liabilities | 3,046,448 | |||
| Common stock, par value 0.001 300,000,000 shares authorized, of which 234,105,560 and 204,744,872 shares were issued and outstanding at december 31, 2025 and 2024, respectively | 234,106 | |||
| Additional paid in capital | 6,911,713 | |||
| Subscription payable | 15,000 | |||
| Accumulated deficit | -6,158,495 | |||
| Total stockholders equity (deficit) | 1,002,324 | |||
| Total liabilities and stockholders equity (deficit) | 4,048,772 | |||
MDWerks, Inc. (MDWK)
MDWerks, Inc. (MDWK)