For the quarter ending 2025-09-30, MDWK made $780,141 in revenue. -$1,018,437 in net income. Net profit margin of -130.55%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 780,141 | 420,609 | 513,930 | 516,746 |
| Cost of revenue | 661,871 | 701,906 | 381,398 | 410,408.5 |
| Gross (loss) profit | 118,270 | -281,297 | 132,532 | 106,337.5 |
| General and administrative expense | 926,450 | 589,362 | 583,905 | 424,365.5 |
| Salaries and wages | 99,251 | 375,265 | 93,809 | 71,766 |
| Loss on sale of assets, related party | - | - | - | 14,475 |
| Depreciation expense | - | - | 72,607 | - |
| Depreciation and amortization | 84,817 | 78,588 | - | 77,749 |
| Total operating expenses | 1,110,518 | 1,043,215 | 750,321 | 588,355.5 |
| Net loss from operations | -992,248 | -1,324,512 | -617,789 | -482,018 |
| Other income | - | 0 | 200 | -650 |
| Interest expense | 26,189 | 12,380 | 11,765 | 8,895.25 |
| Loss on impairment of note receivable | - | - | - | -24,383.25 |
| Gain/loss on disposal of assets | - | 0 | - | - |
| Total other expense | -26,189 | -12,380 | -11,565 | -24,995 |
| Net loss | -1,018,437 | -1,336,892 | -629,354 | -507,013 |
| Basic | -0.01 | -0.01 | 0 | -0.005 |
| Basic | 223,196,359 | 220,395,322 | 210,632,031 | -100,173,882.5 |
| Diluted | -0.01 | -0.01 | 0 | -0.005 |
| Diluted | 223,196,359 | 220,395,322 | 210,632,031 | -100,173,882.5 |
MDWerks, Inc. (MDWK)
MDWerks, Inc. (MDWK)