For the quarter ending 2025-09-30, WORX has $7,175,749 in assets. $1,178,419 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 684,295 | 340,209 | ||
| Accounts receivable, net | 611,716 | 412,216 | ||
| Prepaid expenses and other assets | 37,305 | 51,075 | ||
| Total current assets | 1,333,316 | 803,500 | ||
| Goodwill | 5,842,433 | 5,842,433 | ||
| Total assets | 7,175,749 | 6,645,933 | ||
| Accounts payable and accrued liabilities | 626,736 | 774,667 | ||
| Shareholder advance | - | 0 | ||
| Accounts payable and accrued liabilities - related party-Related Party | 149,838 | 149,838 | ||
| Loans payable | - | 0 | ||
| Deferred revenue | 399,000 | 219,250 | ||
| Convertible loans payable, net of discounts - current portion | 732 | 43,885 | ||
| Total current liabilities | 1,176,306 | 1,187,640 | ||
| Convertible loans payable, net of discounts, net of current portion | - | 7,947 | ||
| Convertible loans payable, net of discounts | 2,113 | - | ||
| Total long-term liabilities | 2,113 | 7,947 | ||
| Total liabilities | 1,178,419 | 1,195,587 | ||
| Series a convertible preferred stock, 0.001 par value 900,000 shares authorized 39,810 shares issued and outstanding | 40 | 40 | ||
| Common stock, 0.001 par value 45,000,000 shares authorized 11,653,705 and 1,859,525 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 11,653 | 6,420 | ||
| Additional paid-in capital | 40,618,459 | 38,802,340 | ||
| Subscriptions payable | 38,171 | - | ||
| Accumulated deficit | -34,670,993 | -33,358,454 | ||
| Total stockholders equity | 5,997,330 | 5,450,346 | ||
| Total liabilities and stockholders equity | 7,175,749 | 6,645,933 | ||
SCWorx Corp. (WORX)
SCWorx Corp. (WORX)