For the year ending 2025-12-31, MDWK made $2,214,542 in revenue. -$3,797,990 in net income. Net profit margin of -171.50%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenues | 2,214,542 | 2,364,093 | ||
| Cost of revenues | 2,564,857 | 1,490,064 | ||
| Gross (loss) profit | -350,315 | 874,029 | ||
| Selling, general and administrative expenses | 2,302,274 | 1,853,335 | ||
| Salaries and wages | 763,929 | 175,827 | ||
| Loss on sale of assets, related party | - | 57,900 | ||
| Depreciation and amortization expense | 319,846 | 289,631 | ||
| Total operating expenses | 3,386,049 | 2,376,693 | ||
| Operating loss | -3,736,364 | -1,502,664 | ||
| Other income | 200 | 2,500 | ||
| Interest expense, net | 61,826 | 23,420 | ||
| Loss on impairment of note receivable | - | -97,533 | ||
| Total other income (expense) | -61,626 | -118,453 | ||
| Net loss | -3,797,990 | -1,621,117 | ||
| Basic EPS | -0.02 | -0.01 | ||
| Diluted EPS | -0.02 | -0.01 | ||
| Basic Average Shares | 221,362,425 | 201,542,775 | ||
| Diluted Average Shares | 221,362,425 | 201,542,775 | ||
MDWerks, Inc. (MDWK)
MDWerks, Inc. (MDWK)