$MDWK
MDWerks, Inc. Stock $mdwk

$mdwk Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000149315224026628 Filed on July 09, 2024

Income Statement

Concept	2024 Q3	2024 Q1	2023 Q1
Revenue	$1.059M	$684.7K	$0.00
YoY Change
Cost Of Revenue	$325.8K	$180.4K
YoY Change
Gross Profit	$732.9K	$504.2K
YoY Change
Gross Profit Margin	69.22%	73.64%
Selling, General & Admin	$511.0K	$731.4K	$41.45K
YoY Change	295.7%	1664.61%	655.01%
% of Gross Profit	69.72%	145.06%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$61.07K	$77.93K	$0.00
YoY Change	16864.17%
% of Gross Profit	8.33%	15.46%
Operating Expenses	$569.9K	$809.4K	$41.45K
YoY Change	341.36%	1852.58%	655.03%
Operating Profit	$162.9K	-$305.1K	-$41.45K
YoY Change	-226.17%	636.16%	654.48%
Interest Expense	-$7.810K	-$2.840K
YoY Change	-284.55%
% of Operating Profit	-4.79%
Other Income/Expense, Net	-$5.906K	$2.758K
YoY Change	-103.59%
Pretax Income	$157.0K	-$302.4K	-$41.45K
YoY Change	342.43%	629.53%	655.01%
Income Tax
% Of Pretax Income
Net Earnings	$157.0K	-$302.4K	-$41.45K
YoY Change	342.43%	629.51%	655.03%
Net Earnings / Revenue	14.83%	-44.17%
Basic Earnings Per Share	$0.00	$0.00	$0.00
Diluted Earnings Per Share	$0.00	$0.00	$0.00
COMMON SHARES
Basic Shares Outstanding	201.3M shares	199.0M shares	123.3M shares
Diluted Shares Outstanding	201.1M shares	199.0M shares	122.7M shares

Balance Sheet

Concept	2024 Q3	2024 Q1	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$62.48K	$162.9K	$41.23K
YoY Change	-62.37%	295.08%
Cash & Equivalents	$62.48K	$162.9K	$41.23K
Short-Term Investments
Other Short-Term Assets	$16.15K	$33.38K
YoY Change
Inventory	$188.6K	$160.4K
Prepaid Expenses		$33.38K
Receivables	$209.2K	$205.9K
Other Receivables	$103.2K	$99.43K
Total Short-Term Assets	$579.7K	$662.0K	$41.23K
YoY Change	140.49%	1505.51%
LONG-TERM ASSETS
Property, Plant & Equipment	$648.5K	$886.8K
YoY Change	948.43%
Goodwill	$466.6K	$466.6K
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$16.01K
YoY Change
Total Long-Term Assets	$2.715M	$3.006M	-$2.00
YoY Change	1445.22%	-150319050.0%
TOTAL ASSETS
Total Short-Term Assets	$579.7K	$662.0K	$41.23K
Total Long-Term Assets	$2.715M	$3.006M	-$2.00
Total Assets	$3.295M	$3.668M	$41.23K
YoY Change	690.6%	8797.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$760.6K	$701.7K	$17.18K
YoY Change	11354.22%	3985.82%	-16.87%
Accrued Expenses	$316.5K	$230.2K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change	-100.0%		-100.0%
Long-Term Debt Due	$265.0K	$211.1K
YoY Change
Total Short-Term Liabilities	$1.342M	$1.155M	$112.1K
YoY Change	538.64%	930.61%	-52.58%
LONG-TERM LIABILITIES
Long-Term Debt	$261.0K	$358.0K	$0.00
YoY Change
Other Long-Term Liabilities	$786.2K	$892.8K
YoY Change
Total Long-Term Liabilities	$1.047M	$1.251M	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.342M	$1.155M	$112.1K
Total Long-Term Liabilities	$1.047M	$1.251M	$0.00
Total Liabilities	$2.389M	$2.406M	$112.0K
YoY Change	1036.94%	2046.85%	-52.58%
SHAREHOLDERS EQUITY
Retained Earnings	-$1.649M	-$1.042M	-$489.2K
YoY Change	215.01%	112.97%
Common Stock	$202.0K	$200.8K	$123.4K
YoY Change	58.48%	62.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$905.7K	$1.263M	-$70.82K
YoY Change
Total Liabilities & Shareholders Equity	$3.295M	$3.668M	$41.23K
YoY Change	690.6%	8797.67%

Cashflow Statement

Concept	2024 Q3	2024 Q1	2023 Q1
OPERATING ACTIVITIES
Net Income	$157.0K	-$302.4K	-$41.45K
YoY Change	342.43%	629.51%	655.03%
Depreciation, Depletion And Amortization	$61.07K	$77.93K	$0.00
YoY Change	16864.17%
Cash From Operating Activities	-$204.3K	-$280.9K	-$58.75K
YoY Change	58.68%	378.15%	5775.4%
INVESTING ACTIVITIES
Capital Expenditures	-$1.830K	$8.820K
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	$1.830K	-$8.820K
YoY Change	-92.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	217.4K	$337.5K	$76.27K
YoY Change	-17.94%	342.57%	7526.7%
NET CHANGE
Cash From Operating Activities	-204.3K	-$280.9K	-$58.75K
Cash From Investing Activities	1.830K	-$8.820K
Cash From Financing Activities	217.4K	$337.5K	$76.27K
Net Change In Cash	14.84K	$47.78K	$17.51K
YoY Change	-90.79%	172.84%
FREE CASH FLOW
Cash From Operating Activities	-$204.3K	-$280.9K	-$58.75K
Capital Expenditures	-$1.830K	$8.820K
Free Cash Flow	-$202.5K	-$289.8K	-$58.75K
YoY Change	57.26%	393.16%	5775.4%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q4	MDWK	Subscription Payable SubscriptionPayable		usd
CY2023Q1	us-gaap	Cost Of Revenue CostOfRevenue		usd
CY2023Q1	us-gaap	Gross Profit GrossProfit		usd
CY2023Q1	us-gaap	Salaries And Wages SalariesAndWages		usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization		usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense		usd
CY2023Q1	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating		usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense		usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization		usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation		usd
CY2023Q1	us-gaap	Interest Income Other InterestIncomeOther		usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable		usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense		usd
CY2023Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories		usd
CY2023Q1	MDWK	Increase Decrease In Right Of Use Assets IncreaseDecreaseInRightOfUseAssets		usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue		usd
CY2023Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability		usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment		usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities		usd
CY2023Q1	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt		usd
CY2023Q1	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt		usd
CY2023Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable		usd
CY2024Q1	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt		usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet		usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet		usd
CY2024Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
CY2023Q1	MDWK	Property And Equipment Acquired With Notes Payable PropertyAndEquipmentAcquiredWithNotesPayable		usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets		usd
CY2024Q1	MDWK	Advances Payable Current AdvancesPayableCurrent		usd
CY2023Q4	MDWK	Advances Payable Current AdvancesPayableCurrent		usd
CY2023Q1	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating		usd
CY2024Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	33383	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	28632	usd
CY2024Q1	us-gaap	Cost Of Revenue CostOfRevenue	180445	usd
CY2024Q1	us-gaap	Gross Profit GrossProfit	504215	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	536138	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	41451	usd
CY2024Q1	us-gaap	Salaries And Wages SalariesAndWages	195294	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	77930	usd
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	809362	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	41451	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-305147	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-41451	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	5600	usd
CY2024Q1	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	2842	usd
CY2024Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2758	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-302389	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-41451	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	199032927	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	122712732	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	199032927	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	122712732	shares
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-114967	usd
CY2023Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	85598	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-41451	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-70820	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	1160217	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	1160217	usd
CY2024Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	390000	usd
CY2024Q1	MDWK	Stock Issued During Period Value Common Shares To Be Issued For Royalty Agreement StockIssuedDuringPeriodValueCommonSharesToBeIssuedForRoyaltyAgreement	15000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-302389	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	1262828	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	1262828	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-302389	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-41451	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	77930	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	15000	usd
CY2024Q1	us-gaap	Interest Income Other InterestIncomeOther	1900	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	99117	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	17374	usd
CY2024Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-40815	usd
CY2024Q1	MDWK	Increase Decrease In Right Of Use Assets IncreaseDecreaseInRightOfUseAssets	-53253	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	32991	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-17303	usd
CY2024Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-40946	usd
CY2024Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-39194	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-280931	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-58754	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	8820	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-8820	usd
CY2024Q1	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	25000	usd
CY2024Q1	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	25000	usd
CY2024Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	52466	usd
CY2023Q1	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	9331	usd
CY2024Q1	MDWK	Proceeds From Subscription Agreements ProceedsFromSubscriptionAgreements	390000	usd
CY2023Q1	MDWK	Proceeds From Subscription Agreements ProceedsFromSubscriptionAgreements	85598	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	337534	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	76267	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	47783	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	17513	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	115111	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	23715	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	162894	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	41228	usd
CY2024Q1	MDWK	Property And Equipment Acquired With Notes Payable PropertyAndEquipmentAcquiredWithNotesPayable	444891	usd
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_844_eus-gaap--UseOfEstimates_zmC4YeepTMjj" style="font: 10pt Times New Roman, Times, Serif; margin-bottom: 0pt; margin-top: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_869_zKETbaVu765d">Use of Estimates and Assumptions</span> - </b>The preparation of financial statements in accordance with US GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of expenses during the reporting period. Actual results can, and in many cases will, differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-bottom: 0pt; margin-top: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	205851	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	51978	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	106734	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	54967	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-302389	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-280931	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1041777	usd
CY2024Q1	us-gaap	Deferred Revenue DeferredRevenue	11833	usd
CY2023Q4	us-gaap	Deferred Revenue DeferredRevenue	52779	usd
CY2024Q1	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	0	usd
CY2023	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	595	usd
CY2024Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	52682	usd
CY2023Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	78352	usd
CY2024Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	107710	usd
CY2023Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	122855	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	160392	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	201207	usd
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	961388	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	507677	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	74609	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	10787	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	886779	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	496890	usd
CY2024Q1	us-gaap	Depreciation Depreciation	63822	usd
CY2023Q1	us-gaap	Depreciation Depreciation	0	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	619500	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	619500	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	18447	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	4339	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	601053	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	615161	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	14108	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Cost Incurred To Renew Or Extend FiniteLivedIntangibleAssetsCostIncurredToRenewOrExtend	56432	usd
CY2024Q1	us-gaap	Finite Lived Intangible Asset Useful Life FiniteLivedIntangibleAssetUsefulLife	P5Y
CY2023	us-gaap	Property Plant And Equipment Disposals PropertyPlantAndEquipmentDisposals	195000	usd
CY2023	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	100000	usd
CY2023	us-gaap	Proceeds From Collection Of Notes Receivable ProceedsFromCollectionOfNotesReceivable	95000	usd
CY2023Q4	us-gaap	Sale Leaseback Transaction Net Book Value SaleLeasebackTransactionNetBookValue	26145	usd
CY2023	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	168855	usd
CY2023	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2029-08-25
CY2023	us-gaap	Debt Instrument Interest Rate During Period DebtInstrumentInterestRateDuringPeriod	0.08	pure
CY2024Q1	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	99433	usd
CY2024Q1	us-gaap	Interest Receivable InterestReceivable	4433	usd
CY2023Q4	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	97533	usd
CY2023Q4	us-gaap	Interest Receivable InterestReceivable	2533	usd
CY2024Q1	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	684660	usd
CY2023Q1	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	602195	usd
CY2024Q1	MDWK	Business Acquisition Pro Forma Operating Loss BusinessAcquisitionProFormaOperatingLoss	-305147	usd
CY2023Q1	MDWK	Business Acquisition Pro Forma Operating Loss BusinessAcquisitionProFormaOperatingLoss	-372836	usd
CY2024Q1	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-302389	usd
CY2023Q1	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-365677	usd
CY2024Q1	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	-0.00
CY2023Q1	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	-0.00
CY2024Q1	MDWK	Business Acquisition Pro Forma Weighted Average Common Shares Outstanding BusinessAcquisitionProFormaWeightedAverageCommonSharesOutstanding	199032927	shares
CY2023Q1	MDWK	Business Acquisition Pro Forma Weighted Average Common Shares Outstanding BusinessAcquisitionProFormaWeightedAverageCommonSharesOutstanding	190212732	shares
CY2024Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet	310684	usd
CY2023Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet	88674	usd
CY2023Q1	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	9331	usd
CY2024Q1	us-gaap	Loans Payable LoansPayable	569036	usd
CY2023Q4	us-gaap	Loans Payable LoansPayable	189234	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	211080	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	147058	usd
CY2024Q1	MDWK	Long Term Debt Maturities Repayments Of Principal After Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearTwo	210898	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	569036	usd
CY2024Q1	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	2842	usd
CY2024Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	0	usd
CY2023Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	0	usd
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000	shares
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2024Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2024Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2023Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2024Q1	us-gaap	Common Stock Conversion Features CommonStockConversionFeatures	Each share of Series A Convertible Preferred holds with it conversion rights of 100 shares of common stock for every share of Series A Convertible Preferred stock held, and that each share of Series A Convertible Preferred stock also holds with it the same number of common share votes prior to conversion as it would if fully converted to be used in voting on any company matter requiring a vote of shareholders.
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	200824868	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	200824868	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	198724868	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	198724868	shares
CY2024Q1	us-gaap	Common Stock Capital Shares Reserved For Future Issuance CommonStockCapitalSharesReservedForFutureIssuance	500000	shares
CY2023Q1	us-gaap	Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures	1141298	shares
CY2023Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	85598	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1051899	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	1122896	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1105152	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	1162090	usd
CY2024Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	76386	usd
CY2023Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	0	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	295042	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	307994	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	184952	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	160200	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	160200	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	240300	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	1348688	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	225792	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	1122896	usd
CY2024Q1	us-gaap	Lessee Operating Lease Remaining Lease Term LesseeOperatingLeaseRemainingLeaseTerm	P2Y11M26D
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001493152-24-026628-index-headers.html	Edgar Link	pending
0001493152-24-026628-index.html	Edgar Link	pending
0001493152-24-026628.txt	Edgar Link	pending
0001493152-24-026628-xbrl.zip	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex31-2.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-q.htm	Edgar Link	pending
mdwk-20240331.xsd	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
mdwk-20240331_cal.xml	Edgar Link	unprocessable
mdwk-20240331_lab.xml	Edgar Link	unprocessable
mdwk-20240331_def.xml	Edgar Link	unprocessable
form10-q_htm.xml	Edgar Link	completed
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
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R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
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R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
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R32.htm	Edgar Link	pending
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R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
mdwk-20240331_pre.xml	Edgar Link	unprocessable
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$MDWK
MDWerks, Inc. Stock $mdwk

2024 Q3 Form 10-Q Financial Statement

#000149315224026628 Filed on July 09, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MDWK MDWerks, Inc. Stock $mdwk

2024 Q3 Form 10-Q Financial Statement

#000149315224026628 Filed on July 09, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MDWK
MDWerks, Inc. Stock $mdwk