MDWK: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, MDWK has $4,368,967 in assets. $3,196,318 in debts.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash	181,278	13,330
Accounts receivable, net	117,967	64,617
Inventory	1,024,057	1,172,214
Prepaid expenses	105,836	114,245
Total current assets	1,429,138	1,364,406
Total property and equipment	1,637,964	-
Less accumulated depreciation	425,937	-
Fixed assets, net	1,212,027	1,233,836
Total intangible assets	619,500	-
Less accumulated amortization	103,018	-
Intangible assets, net	516,482	530,583
Right-of-use asset	728,662	792,515
Goodwill	466,648	466,648
Other non-current assets	16,010	16,010
Total assets	4,368,967	4,403,998

Accounts payable related party-Related Party	-	0
Accounts payable and accrued expenses	1,588,261	1,598,018
Notes payable-Nonrelated Party	195,904	235,458
Notes payable-Related Party	17,500	17,500
Deferred revenue	386,180	422,979
Right-of-use liability, current portion	163,490	195,373
Total current liabilities	2,351,335	2,469,328
Notes payable, net of current portion-Related Party	150,000	150,000
Notes payable, net of current portion-Nonrelated Party	99,556	148,796
Right-of use liability, net of current portion	595,427	625,996
Total liabilities	3,196,318	3,394,120
Common stock, par value 0.001 300,000,000 shares authorized, of which 227,574,910 and 204,744,872 shares were issued and outstanding at september 30, 2025 and december 31, 2024, respectively	227,575	221,283
Additional paid in capital	6,215,262	5,050,346
Subscription payable	75,000	65,000
Accumulated deficit	-5,345,188	-4,326,751
Total stockholders equity	1,172,649	1,009,878
Total liabilities and stockholders equity	4,368,967	4,403,998