2024 Q4 Form 10-Q Financial Statement

#000149315224045414 Filed on November 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q4
Revenue $1.059M $104.1K
YoY Change
Cost Of Revenue $325.8K $28.55K
YoY Change
Gross Profit $732.9K $75.52K
YoY Change
Gross Profit Margin 69.22% 72.57%
Selling, General & Admin $511.0K $278.3K
YoY Change 295.7% 254.92%
% of Gross Profit 69.72% 368.55%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $61.07K $15.13K
YoY Change 16864.17%
% of Gross Profit 8.33% 20.03%
Operating Expenses $569.9K $293.5K
YoY Change 341.36% 274.22%
Operating Profit $162.9K -$217.9K
YoY Change -226.17%
Interest Expense -$7.810K -$550.00
YoY Change -284.55%
% of Operating Profit -4.79%
Other Income/Expense, Net -$5.906K $2.530K
YoY Change -103.59%
Pretax Income $157.0K -$216.0K
YoY Change 342.43% 175.39%
Income Tax
% Of Pretax Income
Net Earnings $157.0K -$216.0K
YoY Change 342.43% 175.39%
Net Earnings / Revenue 14.83% -207.51%
Basic Earnings Per Share $0.00
Diluted Earnings Per Share $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 203.7M shares 201.3M shares 127.5M shares
Diluted Shares Outstanding 201.1M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $62.48K $115.1K
YoY Change -62.37% 385.29%
Cash & Equivalents $62.48K $115.1K
Short-Term Investments
Other Short-Term Assets $16.15K $28.63K
YoY Change
Inventory $188.6K $201.2K
Prepaid Expenses $28.63K
Receivables $209.2K $106.7K
Other Receivables $103.2K $97.54K
Total Short-Term Assets $579.7K $549.2K
YoY Change 140.49% 2215.42%
LONG-TERM ASSETS
Property, Plant & Equipment $648.5K $496.9K
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 $2.684M
YoY Change 1445.22% -11414.72%
TOTAL ASSETS
Total Short-Term Assets $579.7K $549.2K
Total Long-Term Assets $2.715M $2.684M
Total Assets $3.295M $3.233M
YoY Change 690.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $760.6K $668.8K
YoY Change 11354.22% 1839.64%
Accrued Expenses $316.5K $249.2K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $265.0K $96.40K
YoY Change
Total Short-Term Liabilities $1.342M $1.067M
YoY Change 538.64% 733.19%
LONG-TERM LIABILITIES
Long-Term Debt $261.0K $92.83K
YoY Change
Other Long-Term Liabilities $786.2K $912.9K
YoY Change
Total Long-Term Liabilities $1.047M $1.006M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.342M $1.067M
Total Long-Term Liabilities $1.047M $1.006M
Total Liabilities $2.389M $2.073M
YoY Change 1036.94% 1518.47%
SHAREHOLDERS EQUITY
Retained Earnings -$1.649M -$739.4K
YoY Change 215.01% 71.66%
Common Stock $202.0K $198.7K
YoY Change 58.48% 62.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $905.7K $1.160M
YoY Change
Total Liabilities & Shareholders Equity $3.295M $3.233M
YoY Change 690.6%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q4
OPERATING ACTIVITIES
Net Income $157.0K -$216.0K
YoY Change 342.43% 175.39%
Depreciation, Depletion And Amortization $61.07K $15.13K
YoY Change 16864.17%
Cash From Operating Activities -$204.3K -$253.0K
YoY Change 58.68% 363.74%
INVESTING ACTIVITIES
Capital Expenditures -$1.830K $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $121.5K
YoY Change
Cash From Investing Activities $1.830K $121.5K
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 80.50K
YoY Change -17.94% 47.57%
NET CHANGE
Cash From Operating Activities -204.3K -253.0K
Cash From Investing Activities 1.830K 121.5K
Cash From Financing Activities 217.4K 80.50K
Net Change In Cash 14.84K -50.93K
YoY Change -90.79%
FREE CASH FLOW
Cash From Operating Activities -$204.3K -$253.0K
Capital Expenditures -$1.830K $0.00
Free Cash Flow -$202.5K -$253.0K
YoY Change 57.26%

Facts In Submission

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StockholdersEquity
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CY2023Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
100000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
2838 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-37734 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-37734 usd
CY2023Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
206751 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
2116 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
35491 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
35491 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
206624 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
206624 usd
us-gaap Net Income Loss
NetIncomeLoss
-909480 usd
us-gaap Net Income Loss
NetIncomeLoss
-75712 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
212063 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
636 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-54000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
168855 usd
us-gaap Share Based Compensation
ShareBasedCompensation
15000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
976 usd
MDWK Imputed Interest
ImputedInterest
4954 usd
us-gaap Interest Income Other
InterestIncomeOther
5700 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
103442 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
16146 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-12577 usd
MDWK Increase Decrease In Right Of Use Assets
IncreaseDecreaseInRightOfUseAssets
-93919 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
95711 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-30676 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-52779 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2838 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-59392 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-662693 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-266815 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6990 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
88000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
19500 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
100000 usd
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
75000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6990 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-82500 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
120500 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
143450 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
118748 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
19449 usd
MDWK Proceeds From Subscription Agreements
ProceedsFromSubscriptionAgreements
640000 usd
MDWK Proceeds From Subscription Agreements
ProceedsFromSubscriptionAgreements
392349 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
617050 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
491648 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-52633 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
142333 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
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
62478 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
166048 usd
MDWK Property And Equipment Acquired With Notes Payable
PropertyAndEquipmentAcquiredWithNotesPayable
444891 usd
MDWK Note Receivable Issued For Asset Sale
NoteReceivableIssuedForAssetSale
95000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_844_eus-gaap--UseOfEstimates_zGcRMWNxq9l1" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_864_zw9oIlDhrZO4">Use of Estimates and Assumptions</span> - </b>The preparation of financial statements in accordance with U.S. 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-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
209200 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
89202 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
106734 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
51967 usd
us-gaap Net Income Loss
NetIncomeLoss
-909480 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-662693 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1648868 usd
CY2024Q3 us-gaap Deferred Revenue
DeferredRevenue
0 usd
CY2023Q4 us-gaap Deferred Revenue
DeferredRevenue
52779 usd
CY2024Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2024Q3 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2023 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2024Q3 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
10282 usd
us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
19501 usd
CY2024Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
57771 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
78352 usd
CY2024Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
130859 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
122855 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
188630 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
201207 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
817252 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
507677 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
168733 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
10787 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
648519 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
496890 usd
CY2024Q3 us-gaap Depreciation
Depreciation
61071 usd
us-gaap Depreciation
Depreciation
124892 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
619500 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
619500 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
46643 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4339 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
572857 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
615161 usd
CY2024Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14102 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
42304 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
636 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
636 usd
us-gaap Finite Lived Intangible Assets Cost Incurred To Renew Or Extend
FiniteLivedIntangibleAssetsCostIncurredToRenewOrExtend
56432 usd
CY2024Q3 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
CY2024Q3 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
103233 usd
CY2024Q3 us-gaap Interest Receivable
InterestReceivable
5700 usd
CY2023Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
97533 usd
CY2023Q4 us-gaap Interest Receivable
InterestReceivable
2533 usd
CY2024Q3 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
1058707 usd
CY2023Q3 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
473906 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
2015261 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
1763910 usd
CY2024Q3 MDWK Business Acquisition Pro Forma Operating Loss
BusinessAcquisitionProFormaOperatingLoss
162930 usd
CY2023Q3 MDWK Business Acquisition Pro Forma Operating Loss
BusinessAcquisitionProFormaOperatingLoss
-552810 usd
MDWK Business Acquisition Pro Forma Operating Loss
BusinessAcquisitionProFormaOperatingLoss
-843775 usd
MDWK Business Acquisition Pro Forma Operating Loss
BusinessAcquisitionProFormaOperatingLoss
-1186139 usd
CY2024Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-157024 usd
CY2023Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
404301 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
909480 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
1033728 usd
CY2024Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.00
CY2024Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.00
CY2023Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.00
CY2023Q3 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.00
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.00
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.00
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.01
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.01
CY2024Q3 MDWK Business Acquisition Pro Forma Weighted Average Common Shares Outstanding Basic
BusinessAcquisitionProFormaWeightedAverageCommonSharesOutstandingBasic
201065672 shares
CY2024Q3 MDWK Business Acquisition Pro Forma Weighted Average Common Shares Outstanding Diluted
BusinessAcquisitionProFormaWeightedAverageCommonSharesOutstandingDiluted
201065672 shares
CY2023Q3 MDWK Business Acquisition Pro Forma Weighted Average Common Shares Outstanding Basic
BusinessAcquisitionProFormaWeightedAverageCommonSharesOutstandingBasic
193143163 shares
CY2023Q3 MDWK Business Acquisition Pro Forma Weighted Average Common Shares Outstanding Diluted
BusinessAcquisitionProFormaWeightedAverageCommonSharesOutstandingDiluted
193143163 shares
MDWK Business Acquisition Pro Forma Weighted Average Common Shares Outstanding Basic
BusinessAcquisitionProFormaWeightedAverageCommonSharesOutstandingBasic
200470538 shares
MDWK Business Acquisition Pro Forma Weighted Average Common Shares Outstanding Diluted
BusinessAcquisitionProFormaWeightedAverageCommonSharesOutstandingDiluted
200470538 shares
MDWK Business Acquisition Pro Forma Weighted Average Common Shares Outstanding Basic
BusinessAcquisitionProFormaWeightedAverageCommonSharesOutstandingBasic
191577691 shares
MDWK Business Acquisition Pro Forma Weighted Average Common Shares Outstanding Diluted
BusinessAcquisitionProFormaWeightedAverageCommonSharesOutstandingDiluted
191577691 shares
CY2024Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
383877 usd
CY2023Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
88674 usd
CY2024Q3 MDWK Advances Payable Current
AdvancesPayableCurrent
0 usd
CY2023Q4 MDWK Advances Payable Current
AdvancesPayableCurrent
0 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
19449 usd
CY2024Q3 us-gaap Loans Payable
LoansPayable
525961 usd
CY2023Q4 us-gaap Loans Payable
LoansPayable
189234 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
264967 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
96731 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
67898 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
51274 usd
CY2024Q3 MDWK Long Term Debt Maturities Repayments Of Principal In Year Four And Thereafter
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourAndThereafter
45091 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
525961 usd
CY2024Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
7806 usd
CY2023Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
4232 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
17405 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
9908 usd
CY2024Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
6454 usd
CY2023Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
0 usd
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
202044872 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
198724868 shares
us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
4620004 shares
us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
640000 usd
CY2024Q3 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
1000000 shares
us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
5231310 shares
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
392349 usd
CY2024Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2024Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2024Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
8957500 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
8957500 shares
CY2024Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
8957500 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
8957500 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
17262656 shares
CY2023Q4 MDWK Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice
1.50
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
17262656 shares
CY2024Q3 MDWK Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice
1.50
CY2024Q3 MDWK Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisableNumber
17262656 shares
CY2024Q3 MDWK Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisableWeightedAverageExercisePrice
1.50
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P3Y10M24D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedIntrinsicValue
0
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4650685 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.36
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4650685 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.36
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Period Increase Decrease
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingPeriodIncreaseDecrease
4650685 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.36
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P9Y2M8D
CY2024Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1011233 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
1102698 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1105152 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1162090 usd
CY2024Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
82597 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
231741 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
160125 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
314613 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
219112 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
176088 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
182132 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due After Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive
283783 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1335853 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
233155 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
1102698 usd
CY2024Q3 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
P2Y6M14D
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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0001493152-24-045414-index-headers.html Edgar Link pending
0001493152-24-045414-index.html Edgar Link pending
0001493152-24-045414.txt Edgar Link pending
0001493152-24-045414-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-20240930.xsd Edgar Link pending
MetaLinks.json Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable
mdwk-20240930_cal.xml Edgar Link unprocessable
mdwk-20240930_def.xml Edgar Link unprocessable
mdwk-20240930_lab.xml Edgar Link unprocessable
mdwk-20240930_pre.xml Edgar Link unprocessable
form10-q_htm.xml Edgar Link completed
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report.css Edgar Link pending
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