The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -847,032 | -813,307 | -1,018,437 | -1,966,246 |
| Depreciation and amortization | 67,601 | 83,834 | 84,817 | 151,195 |
| Stock-based compensation | 44,891 | 42,981 | 490,808 | 106,096 |
| Inventory impairment | 28,988 | 78,170 | 61,897 | - |
| Allowance for credit losses | -8,148 | 6,400 | -25,661 | 27,317 |
| Interest income | - | - | - | 0 |
| Accounts receivable | -26,690 | -68,078 | 27,689 | -17,208 |
| Prepaid expense | -73,505 | -15,177 | -8,409 | -73,805 |
| Gain/loss on disposal of assets | - | - | - | 0 |
| Inventory | -112,386 | -124,931 | -86,260 | 85,351 |
| Accounts payable-Related Party | - | 0 | 0 | -46,812 |
| Right-of-use asset | -102,891 | -100,537 | -63,853 | -123,288 |
| Accounts payable | 16,701 | -59,933 | 11,964 | 711,556 |
| Deferred revenue | 20,841 | 70,998 | -36,799 | 196,913 |
| Right-of-use liability | -103,732 | -97,808 | -62,452 | -140,121 |
| Net cash used in operating activities | -464,418 | -379,942 | -363,030 | -831,152 |
| Purchase of property and equipment | 62,907 | 94,165 | 70,628 | 707,454 |
| Net cash used in investing activities | -62,907 | -94,165 | -70,628 | -707,454 |
| Proceeds from related party notes payable | - | 0 | 0 | 150,000 |
| Repayment of notes payable-Related Party | - | 0 | 0 | 105,500 |
| Repayment of notes payable | 38,869 | 95,224 | 88,794 | 152,723 |
| Proceeds from sale of common stock | - | 2,939,401 | - | - |
| Proceeds from subscription agreements | -1,889,400 | - | 690,400 | 1,649,000 |
| Net cash provided by financing activities | 411,131 | 504,777 | 601,606 | 1,540,777 |
| Net change in cash | -116,194 | 30,670 | 167,948 | 2,171 |
| Cash - beginning of year | 211,948 | 181,278 | 11,159 | - |
| Cash - end of period | 95,754 | 211,948 | 181,278 | - |
MDWerks, Inc. (MDWK)
MDWerks, Inc. (MDWK)