The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -1,018,437 | -1,966,246 |
| Depreciation and amortization | 84,817 | 151,195 |
| Inventory impairment | 61,897 | - |
| Stock-based compensation | 490,808 | 106,096 |
| Allowance for credit losses | -25,661 | 27,317 |
| Interest income | - | 0 |
| Accounts receivable | 27,689 | -17,208 |
| Prepaid expense | -8,409 | -73,805 |
| Gain/loss on disposal of assets | - | 0 |
| Inventory | -86,260 | 85,351 |
| Right-of-use asset | -63,853 | -123,288 |
| Accounts payable-Nonrelated Party | 11,964 | 711,556 |
| Accounts payable-Related Party | 0 | -46,812 |
| Deferred revenue | -36,799 | 196,913 |
| Right-of-use liability | -62,452 | -140,121 |
| Net cash used in operating activities | -363,030 | -831,152 |
| Purchase of property and equipment | 70,628 | 707,454 |
| Net cash used in investing activities | -70,628 | -707,454 |
| Proceeds from related party notes payable | 0 | 150,000 |
| Repayment of notes payable-Related Party | 0 | 105,500 |
| Repayment of notes payable-Nonrelated Party | 88,794 | 152,723 |
| Proceeds from subscription agreements | 690,400 | 1,649,000 |
| Net cash provided by financing activities | 601,606 | 1,540,777 |
| Net change in cash | 167,948 | 2,171 |
| Cash and cash equivalents at beginning of period | 11,159 | - |
| Cash and cash equivalents at end of period | 181,278 | - |
MDWerks, Inc. (MDWK)
MDWerks, Inc. (MDWK)