Mdwerks Inc
ir.mdwerksinc.comWhat Do They Do?
Produces aged alcoholic beverages for wholesale and retail buyers, and develops radio-frequency systems for distilleries, lumber mills, and other industrial businesses.
10-K for FY2025, filed Mar 31, 2026Our Two Trees spirits business produces a variety of aged alcoholic beverages using our innovative rapid-aging system. This scalable…View ↗
RFS, is engaged in the business of developing sustainable radio frequency (“RF”) applications, and for over 14 years, has addressed a…View ↗
The Company is currently deploying its first industrial application of our Molecular sawdust drying system with a lumber mill. The system…View ↗
The Company recognizes sales when liquor products are shipped from a warehouse directly to wholesale customers (except in the case of a…View ↗
How Do They Make Money?
Two Trees sells liquor products when they ship, earns fees when aging services are complete, and licenses SRAS use for monthly fees. RF Specialties sells radio-frequency products and services, with service fees arising as work is provided and SRAS licenses billed monthly.
10-K for FY2025, filed Mar 31, 2026The Company recognizes sales when liquor products are shipped from a warehouse directly to wholesale customers (except in the case of a…View ↗
Among our accomplishments to start the year, we successfully launched our “Whiskey-as-a-Service” (“WaaS”) business model, offering use of…View ↗
Under both contracts, RFS will manufacture and assemble the SRAS units and provide ongoing machine servicing and maintenance in addition to…View ↗
Revenue Recognition - Net sales from Two Trees include liquor and related products, less excise taxes and customer programs and incentives.…View ↗
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10-K for FY2025, filed Mar 31, 2026
FY2025 revenue by reportable segment ↗
$2.2M
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10-K for FY2025, filed Mar 31, 2026
$2.2M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Two Trees Distilling
Mix
10-K for FY2025, filed Mar 31, 2026 |
61% |
Two Trees Distilling, FY2025
$1.4M Sources
|
Mix |
|
RF Specialties
|
39% |
RF Specialties, FY2025
$864.4K Sources
|
Who Are Their Customers?
Two Trees ships liquor to wholesale customers and also sells through consignment and at retail locations. RFS works with industrial customers on radio-frequency systems and services, including a lumber mill.
10-K for FY2025, filed Mar 31, 2026
10-K for FY2025, filed Mar 31, 2026
For the year ended December 31, 2025, two of the Company’s customer accounted for 26% and 10% of total revenue, with the customers being in…View ↗
Do Revenues Turn Into Profits?
No. It lost $3.8M in FY2025.
10-K for FY2025, filed Mar 31, 2026
−$3.7MView ↗
10-K for FY2025, filed Mar 31, 2026
−$3.8MView ↗
10-K for FY2025, filed Mar 31, 2026
−$2.4MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 19, 2026
−$529.9KView ↗
- ▼ −60% (Loss)
- vs −$1.3M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 19, 2026
Open tableView ↗
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Aug 3, 2026
Signs nonbinding letter of intent for proposed wood-products joint venture
The venture would commercialize radio-frequency solutions for lumber and wood products, but the letter is only a framework for definitive agreements.
Sources
8-K, filed Aug 3, 2026
GREEN COVE SPRINGS, Fla. – August 3 2026 – MDWerks, Inc. (“MDWerks” or the “Company”) today announced that that as a result of its recently…View ↗
From shell to operating businesses
The older report describes MDwerks as a shell with no operations and planned acquisitions of RFS and Two Trees; the latest report presents both as operating businesses, producing spirits and developing radio-frequency applications.
10-K for FY2022, filed Mar 27, 2023 10-K for FY2025, filed Mar 31, 2026MDwerks, Inc. (the “Company,” “MDwerks,” “we,” “us,” or “our”), a Delaware corporation, is a technology company pioneering the development…View ↗
Our Two Trees spirits business produces a variety of aged alcoholic beverages using our innovative rapid-aging system. This scalable…View ↗
RFS is engaged in the business of developing sustainable radio frequency (RF) applications, and for over 14 years, has addressed the…View ↗
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