For the year ending 2025-12-31, WORX made $2,877,629 in revenue. -$4,444,109 in net income. Net profit margin of -154.44%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue | 2,877,629 | 2,989,599 | ||
| Cost of revenue | 1,957,923 | 2,243,614 | ||
| Gross profit | 919,706 | 745,985 | ||
| Legal and professional | 510,951 | 980,897 | ||
| Salaries and wages | 513,727 | 268,399 | ||
| General and administrative | 853,343 | 756,115 | ||
| Depreciation | 404 | - | ||
| Total operating expenses | 1,878,425 | 2,005,411 | ||
| Loss from operations | -958,719 | -1,259,426 | ||
| Gain on forgiveness of accounts payable | - | 227,402 | ||
| Interest expense | 2,985,597 | 104,201 | ||
| Warrant modification expense | 565,277 | - | ||
| Gain of forgiveness of accounts payable | 143,588 | - | ||
| Loss on shares issued for legal settlement | -78,104 | - | ||
| Total other (expense) income | -3,485,390 | 123,201 | ||
| Net loss before income taxes | -4,444,109 | -1,136,225 | ||
| Provision for (benefit from) income taxes | - | 0 | ||
| Net loss | -4,444,109 | -1,136,225 | ||
| Basic EPS | -0.61 | -0.78 | ||
| Diluted EPS | -0.61 | -0.78 | ||
| Basic Average Shares | 7,275,305 | 1,458,691 | ||
| Diluted Average Shares | 7,275,305 | 1,458,691 | ||
SCWorx Corp. (WORX)
SCWorx Corp. (WORX)