Financial Snapshot

Revenue
$2.119M
TTM
Gross Margin
47.28%
TTM
Net Earnings
-$1.125M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
43.19%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$905.7K
Q3 2024
Cash
Q3 2024
P/E
-28.99
Nov 27, 2024 EST
Free Cash Flow
-$922.7K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2008 2007
Revenue $104.1K $0.00 $882.0K $577.0K
YoY Change 52.86%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2008 2007
Revenue $104.1K $0.00 $882.0K $577.0K
Cost Of Revenue $28.55K
Gross Profit $75.52K
Gross Profit Margin 72.56%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2008 2007
Selling, General & Admin $513.0K $20.80K $8.216M $8.022M
YoY Change 51.49% 2.42%
% of Gross Profit 679.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.13K $0.00 $86.00K $45.00K
YoY Change 91.11%
% of Gross Profit 20.03%
Operating Expenses $528.1K $136.7K $20.80K $8.216M $8.022M
YoY Change 286.27% 557.31% 51.49% 2.42%
Operating Profit -$452.6K -$136.7K -$20.80K
YoY Change 231.04% 557.38%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2008 2007
Interest Expense $10.46K -$6.830K -$474.0K -$2.438M
YoY Change 0.0% -80.56%
% of Operating Profit
Other Income/Expense, Net $160.9K $58.77K -$371.0K $0.00
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2008 2007
Pretax Income -$291.7K $37.98K -$8.179M -$9.883M
YoY Change -284.82% -17.24%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$291.7K -$136.7K $37.98K -$8.179M -$9.883M
YoY Change 113.33% -459.98% -284.82% -17.24%
Net Earnings / Revenue -280.28% -927.32% -1712.82%
Basic Earnings Per Share $0.00 -$0.01 $0.00
Diluted Earnings Per Share $0.00 -$0.01 $2.109K -$621.6K -$773.3K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2008 2007
Cash & Short-Term Investments $115.1K $23.72K $1.224M $321.0K
YoY Change 385.29% 281.31%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $28.63K $0.00 $132.0K $215.0K
YoY Change -38.6%
Inventory $201.2K
Prepaid Expenses
Receivables $106.7K $188.0K $67.00K
Other Receivables $97.54K $1.363M $1.652M
Total Short-Term Assets $549.2K $23.72K $0.00 $2.907M $2.255M
YoY Change 2215.43% 28.91%
Property, Plant & Equipment $1.602M $48.00K $116.0K
YoY Change -58.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $62.00K $0.00
YoY Change
Other Assets $631.0K $400.0K
YoY Change 57.75%
Total Long-Term Assets $2.684M $0.00 $0.00 $741.0K $516.0K
YoY Change 43.6%
Total Assets $3.233M $23.72K $0.00 $3.648M $2.771M
YoY Change
Accounts Payable $668.8K $138.7K $19.66K $162.0K $351.0K
YoY Change 382.23% 605.39% -53.85%
Accrued Expenses $249.2K $603.0K $687.0K
YoY Change -12.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $210.0K $1.291M $3.053M
YoY Change -100.0% -57.71%
Long-Term Debt Due $96.40K
YoY Change
Total Short-Term Liabilities $1.067M $138.7K $230.8K $3.004M $4.102M
YoY Change 669.48% -39.91% -26.77%
Long-Term Debt $92.83K $0.00 $0.00 $0.00 $66.00K
YoY Change -100.0%
Other Long-Term Liabilities $912.9K $0.00 $2.000K
YoY Change -100.0%
Total Long-Term Liabilities $1.006M $0.00 $0.00 $0.00 $68.00K
YoY Change -100.0%
Total Liabilities $2.073M $138.7K $230.8K $3.004M $4.170M
YoY Change 1394.7% -39.91% -27.96%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2008 2007
Basic Shares Outstanding 129.4M shares 24.57M shares 18.01M shares
Diluted Shares Outstanding 129.4M shares 24.57M shares 18.01M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $32.63 Million

About MDWerks, Inc.

MDWerks, Inc. focuses on effecting a reverse merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company is headquartered in Green Cove Springs, Florida and currently employs 12 full-time employees. The company went IPO on 2005-03-23. The firm is a provider of energy wave technologies. The company specializes radio wave technologies and microwave technologies. The firm provides a proprietary liquid maturation technology that accelerates the natural aging process that happens when alcohol is aged in wooden barrels over time. Its Sustainably Matured technology is a proprietary energy wave process accelerates the physical and chemical changes that occur during aging without altering natural progression that occurs when alcohol is aged in white oak barrels. These changes happen simultaneously, which leads to a balanced final product. The firm's accelerated aging process uses the same ingredients as traditional aging-wood, water, and alcohol, while activating the same conversion of acids into esters (esterification). The company offers energy wave solutions for the wood, adhesives, and food and beverage industries.

Industry: Beverages Peers: Born, Inc. eWELLNESS HEALTHCARE Corp