$MDWK
Mdwerks Inc

2022 Q4 Form 10-Q Financial Statement

#000149315222030420 Filed on November 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q4
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $78.42K $49.65K $2.120K
YoY Change 3599.06% 355.09% -84.56%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $78.42K $49.65K $2.120K
YoY Change 3599.06% 355.11% -84.56%
Operating Profit -$49.65K
YoY Change 354.98%
Interest Expense $0.00 -$6.830K
YoY Change -100.0% 0.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$78.42K -$49.65K -$8.950K
YoY Change 776.2% 355.09% -56.45%
Income Tax
% Of Pretax Income
Net Earnings -$78.42K -$49.65K -$8.950K
YoY Change 776.2% 355.11% -56.45%
Net Earnings / Revenue
Basic Earnings Per Share $0.00
Diluted Earnings Per Share $0.00 $0.00 -$496.90
COMMON SHARES
Basic Shares Outstanding 18.01M shares 18.01M shares
Diluted Shares Outstanding 18.01M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $23.72K
YoY Change
Cash & Equivalents $0.00 $0.00
Short-Term Investments
Other Short-Term Assets $0.00
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $23.72K $0.00
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles $0.00
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $0.00
YoY Change
Total Long-Term Assets -$23.72K $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $23.72K $0.00
Total Long-Term Assets -$23.72K $0.00
Total Assets
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $34.48K $0.00 $1.139K
YoY Change 2927.04% -100.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $210.0K
YoY Change -100.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $128.1K $49.65K $230.8K
YoY Change -44.51% -78.29%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $128.1K $49.65K $230.8K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $128.1K $49.65K $230.8K
YoY Change -44.51% -78.29%
SHAREHOLDERS EQUITY
Retained Earnings -$430.7K -$352.3K -$294.0K
YoY Change 46.5%
Common Stock $122.3K $18.01K $18.01K
YoY Change 578.85%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$128.1K -$49.65K -$230.8K
YoY Change
Total Liabilities & Shareholders Equity
YoY Change

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q4
OPERATING ACTIVITIES
Net Income -$78.42K -$49.65K -$8.950K
YoY Change 776.2% 355.11% -56.45%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$54.55K -$49.65K -$1.050K
YoY Change 5095.24% 358.87%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 54.55K 49.65K 1.050K
YoY Change 5095.24% 358.87%
NET CHANGE
Cash From Operating Activities -54.55K -49.65K -1.050K
Cash From Investing Activities
Cash From Financing Activities 54.55K 49.65K 1.050K
Net Change In Cash 0.000 0.000 0.000
YoY Change
FREE CASH FLOW
Cash From Operating Activities -$54.55K -$49.65K -$1.050K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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dei Entity Registrant Name
EntityRegistrantName
MDwerks, Inc.
dei Entity File Number
EntityFileNumber
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dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
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dei Entity Address Address Line1
EntityAddressAddressLine1
12 Park Mirage Lane
dei Entity Address City Or Town
EntityAddressCityOrTown
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dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
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dei City Area Code
CityAreaCode
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dei Local Phone Number
LocalPhoneNumber
988-2005
dei Security12b Title
Security12bTitle
Common
dei Trading Symbol
TradingSymbol
MDWK
dei Entity Current Reporting Status
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Files In Submission

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