2023 Q3 Form 10-Q Financial Statement

#000121390023066853 Filed on August 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q4
Revenue $906.1K $991.1K $1.028M
YoY Change -8.19% -0.13% -17.79%
Cost Of Revenue $666.8K $616.0K $610.0K
YoY Change -3.83% -1.21% -3.15%
Gross Profit $239.3K $375.1K $417.9K
YoY Change -18.5% 1.68% -32.65%
Gross Profit Margin 26.41% 37.84% 40.65%
Selling, General & Admin $1.100M $523.5K $675.8K
YoY Change 32.1% -43.84% -54.33%
% of Gross Profit 459.69% 139.58% 161.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00
YoY Change -100.0%
% of Gross Profit 0.0%
Operating Expenses $1.090M $523.5K $675.8K
YoY Change -28.57% -66.35% -54.33%
Operating Profit -$858.0K -$148.5K -$258.0K
YoY Change 59.15% -73.65% -69.97%
Interest Expense $0.00 $5.459K
YoY Change -83.34%
% of Operating Profit
Other Income/Expense, Net -$276.00 -$5.459K
YoY Change -100.2%
Pretax Income -$858.3K -$153.9K -$258.0K
YoY Change 114.82% -72.68% -69.97%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$858.3K -$153.9K -$258.0K
YoY Change 114.82% -72.68% -69.97%
Net Earnings / Revenue -94.72% -15.53% -25.1%
Basic Earnings Per Share -$0.05 -$0.01
Diluted Earnings Per Share -$0.05 -$0.01 -$0.02
COMMON SHARES
Basic Shares Outstanding 16.70M shares 13.02M shares 13.01M shares
Diluted Shares Outstanding 16.90M shares 13.82M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $70.00K $133.0K $249.5K
YoY Change -80.65% 466.33% 250.96%
Cash & Equivalents $72.43K $133.0K $249.5K
Short-Term Investments
Other Short-Term Assets $60.00K $90.53K $295.2K
YoY Change -81.43% -72.39% 361.65%
Inventory
Prepaid Expenses
Receivables $322.7K $458.8K $336.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $450.1K $682.4K $880.7K
YoY Change -50.89% -2.31% 16.42%
LONG-TERM ASSETS
Property, Plant & Equipment $0.00 $0.00
YoY Change
Goodwill $8.366M $8.366M $8.366M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $8.366M $8.366M $8.366M
YoY Change 0.0% 0.0% 0.0%
TOTAL ASSETS
Total Short-Term Assets $450.1K $682.4K $880.7K
Total Long-Term Assets $8.366M $8.366M $8.366M
Total Assets $8.817M $9.049M $9.247M
YoY Change -5.03% -0.18% 1.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $23.47K $600.0K
YoY Change -96.09% 0.0%
Accrued Expenses $1.391M $1.364M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.557M $2.340M $2.323M
YoY Change 9.77% -10.86% 1.69%
LONG-TERM LIABILITIES
Long-Term Debt $100.0K $114.3K $147.8K
YoY Change -35.22% -61.12% -65.92%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $99.90K $114.3K $147.7K
YoY Change -35.29% -61.12% -65.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.557M $2.340M $2.323M
Total Long-Term Liabilities $99.90K $114.3K $147.7K
Total Liabilities $2.657M $2.455M $2.471M
YoY Change 6.97% -15.92% -9.1%
SHAREHOLDERS EQUITY
Retained Earnings -$27.27M -$26.41M -$25.86M
YoY Change 6.52% 4.81% 7.69%
Common Stock $17.91K $16.16K $13.01K
YoY Change 37.66% 37.8% 15.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.160M $6.594M $6.777M
YoY Change
Total Liabilities & Shareholders Equity $8.817M $9.049M $9.247M
YoY Change -5.03% -0.18% 1.36%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q4
OPERATING ACTIVITIES
Net Income -$858.3K -$153.9K -$258.0K
YoY Change 114.82% -72.68% -69.97%
Depreciation, Depletion And Amortization $0.00
YoY Change -100.0%
Cash From Operating Activities -$370.0K -$347.8K -$112.3K
YoY Change -4.35% -2388.36% -66.04%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change
Cash From Investing Activities $0.00 $0.00 $0.00
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 310.0K 231.1K 0.000
YoY Change -57.24%
NET CHANGE
Cash From Operating Activities -370.0K -347.8K -112.3K
Cash From Investing Activities 0.000 0.000 0.000
Cash From Financing Activities 310.0K 231.1K 0.000
Net Change In Cash -60.00K -116.7K -112.3K
YoY Change -117.74% -867.7% -66.04%
FREE CASH FLOW
Cash From Operating Activities -$370.0K -$347.8K -$112.3K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Income Taxes Paid
IncomeTaxesPaid
usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
usd
CY2023Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
usd
dei Local Phone Number
LocalPhoneNumber
472-9679
dei Security12b Title
Security12bTitle
Common stock, $0.001 par value per share
dei Trading Symbol
TradingSymbol
WORX
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Ex Transition Period
EntityExTransitionPeriod
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
16696766 shares
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
133034 usd
us-gaap Gain Loss On Sales Of Consumer Loans
GainLossOnSalesOfConsumerLoans
usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-37899
dei Entity Registrant Name
EntityRegistrantName
SCWORX CORP.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
47-5412331
dei Entity Address Address Line1
EntityAddressAddressLine1
590 Madison Avenue
dei Entity Address Address Line2
EntityAddressAddressLine2
21st Floor
dei Entity Address City Or Town
EntityAddressCityOrTown
New York
dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
10022
dei City Area Code
CityAreaCode
(844)
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
249462 usd
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
458798 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
336033 usd
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
90533 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
295180 usd
CY2023Q2 us-gaap Assets Current
AssetsCurrent
682365 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
880675 usd
CY2023Q2 us-gaap Goodwill
Goodwill
8366467 usd
CY2022Q4 us-gaap Goodwill
Goodwill
8366467 usd
CY2023Q2 us-gaap Assets
Assets
9048832 usd
CY2022Q4 us-gaap Assets
Assets
9247142 usd
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1391494 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1364202 usd
CY2023Q2 worx Accounts Payables And Accrued Liabilities Related Party
AccountsPayablesAndAccruedLiabilitiesRelatedParty
153838 usd
CY2022Q4 worx Accounts Payables And Accrued Liabilities Related Party
AccountsPayablesAndAccruedLiabilitiesRelatedParty
153838 usd
CY2023Q2 worx Shareholder Advance
ShareholderAdvance
83811 usd
CY2022Q4 worx Shareholder Advance
ShareholderAdvance
100000 usd
CY2023Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
586083 usd
CY2022Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
579833 usd
CY2023Q2 worx Equity Financing Current
EquityFinancingCurrent
125000 usd
CY2022Q4 worx Equity Financing Current
EquityFinancingCurrent
125000 usd
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
2340226 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2322873 usd
CY2023Q2 us-gaap Long Term Loans Payable
LongTermLoansPayable
114298 usd
CY2022Q4 us-gaap Long Term Loans Payable
LongTermLoansPayable
147749 usd
CY2023Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
114298 usd
CY2022Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
147749 usd
CY2023Q2 us-gaap Liabilities
Liabilities
2454524 usd
CY2022Q4 us-gaap Liabilities
Liabilities
2470622 usd
CY2023Q2 us-gaap Preferred Stock Value
PreferredStockValue
40 usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
40 usd
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
45000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
45000000 shares
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
16159878 shares
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
16159878 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
13010409 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
13010409 shares
CY2023Q2 us-gaap Common Stock Value
CommonStockValue
16160 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
13011 usd
CY2023Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
32990617 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
32022166 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
600000 usd
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-26412509 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-25858697 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
6594308 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
6776520 usd
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9048832 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9247142 usd
CY2023Q2 us-gaap Revenues
Revenues
991099 usd
CY2022Q2 us-gaap Revenues
Revenues
992424 usd
us-gaap Revenues
Revenues
1988548 usd
us-gaap Revenues
Revenues
2023373 usd
CY2023Q2 us-gaap Cost Of Revenue
CostOfRevenue
616030 usd
CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
623548 usd
us-gaap Cost Of Revenue
CostOfRevenue
1305492 usd
us-gaap Cost Of Revenue
CostOfRevenue
1321184 usd
CY2023Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
523532 usd
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
932239 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1230936 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2031693 usd
CY2023Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
1139562 usd
CY2022Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
1555787 usd
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
2536428 usd
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
3352877 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-148463 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-563363 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-547880 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-1329504 usd
CY2023Q2 us-gaap Interest Expense
InterestExpense
5459 usd
us-gaap Interest Expense
InterestExpense
5932 usd
us-gaap Gain Loss On Sales Of Consumer Loans
GainLossOnSalesOfConsumerLoans
139595 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5459 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5932 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
139595 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-153922 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-563363 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-553812 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1189909 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-153922 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-563363 usd
us-gaap Net Income Loss
NetIncomeLoss
-553812 usd
us-gaap Net Income Loss
NetIncomeLoss
-1189909 usd
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.1
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13817517 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11438071 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13420527 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11386773 shares
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
6524503 usd
CY2023Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
44167 usd
CY2023Q2 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
31687 usd
CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
147873 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-153922 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
6594308 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
6776520 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
44167 usd
us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
31687 usd
us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
295746 usd
us-gaap Net Income Loss
NetIncomeLoss
-553812 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
6594308 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
6211092 usd
CY2022Q2 worx Commitment Shares Issued In Conjunction With Capital Raise1
CommitmentSharesIssuedInConjunctionWithCapitalRaise1
200000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
297981 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-563363 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
6145710 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
6405070 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
85000 usd
worx Commitment Shares Issued In Conjunction With Capital Raise1
CommitmentSharesIssuedInConjunctionWithCapitalRaise1
200000 usd
us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
645549 usd
us-gaap Net Income Loss
NetIncomeLoss
-1189909 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
6145710 usd
us-gaap Net Income Loss
NetIncomeLoss
-553812 usd
us-gaap Net Income Loss
NetIncomeLoss
-1189909 usd
worx Gain Loss On Settlement Of Accounts Payable
GainLossOnSettlementOfAccountsPayable
139595 usd
worx Change In Inventory Value
ChangeInInventoryValue
112100 usd
us-gaap Share Based Compensation
ShareBasedCompensation
295746 usd
us-gaap Share Based Compensation
ShareBasedCompensation
645549 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
78125 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
122765 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-84135 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
25353 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
63961 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
71459 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
309722 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
6250 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
116250 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-328475 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-47584 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
261687 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
33451 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
-16189 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
160085 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
160085 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
212047 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-116428 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-47584 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
249462 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
71075 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
133034 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23491 usd
us-gaap Interest Paid Net
InterestPaidNet
5932 usd
worx Commitment Shares Issued In Conjunction With Capital Raise Amount
CommitmentSharesIssuedInConjunctionWithCapitalRaiseAmount
200000 usd
worx Shares Issued For Vested Restricted Stock Units
SharesIssuedForVestedRestrictedStockUnits
228 usd
worx Shares Issued For Vested Restricted Stock Units
SharesIssuedForVestedRestrictedStockUnits
72 usd
worx Shares Issued For Equity Financings
SharesIssuedForEquityFinancings
1941 usd
us-gaap Stock Issued1
StockIssued1
229 usd
CY2023Q2 worx Acquired Technology Predecessor Cost
AcquiredTechnologyPredecessorCost
0 usd
CY2023Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
250000 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Concentration of Credit and Other Risks</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of cash, accounts receivable and warrants. The Company believes that any concentration of credit risk in its accounts receivable is substantially mitigated by the Company’s evaluation process, relatively short collection terms and the high level of credit worthiness of its customers. The Company performs ongoing internal credit evaluations of its customers’ financial condition, obtains deposits and limits the amount of credit extended when deemed necessary but generally requires no collateral.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Significant customers are those which represent more than 10% of the Company’s revenue for each period presented, or the Company’s accounts receivable balance as of each respective balance sheet date. For each significant customer, revenue as a percentage of total revenue and accounts receivable as a percentage of total net accounts receivable are as follows:</p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center">Revenue</td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="6" style="text-align: center"> </td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center">For the six months ended</td><td style="padding-bottom: 1.5pt"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="padding-bottom: 1.5pt; font-weight: bold; text-align: center">Accounts Receivable</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1.5pt"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; border-bottom: Black 1.5pt solid">Customers</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: left">Customer A</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">11</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">13</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">13</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">13</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Customer B</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">44</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Customer C</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Customer D</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Customer E</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">14</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Customer F</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19</td><td style="text-align: left">%</td></tr> </table>
CY2023Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.10 pure
CY2023Q2 worx Gowns In Inventory
GownsInInventory
87000 usd
CY2021Q4 us-gaap Other Inventory
OtherInventory
366840 usd
CY2023Q2 us-gaap Inventory Gross
InventoryGross
523440 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
523440 usd
CY2023Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
523440 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
523440 usd
CY2020Q2 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.60 pure
CY2020Q2 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.01 pure
CY2020Q2 us-gaap Debt Instrument Term
DebtInstrumentTerm
P2Y
CY2022Q2 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2025-03-05
us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
139569 usd
us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
586083 usd
CY2022 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
579833 usd
CY2023Q2 worx Contract Liabilities
ContractLiabilities
586083 usd
CY2022Q4 worx Contract Liabilities
ContractLiabilities
579833 usd
CY2023Q2 worx Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefits Expense
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitsExpense
228568 shares
us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the consolidated financial statements and accompanying notes. The Company regularly evaluates estimates and assumptions related to the allowance for doubtful accounts, the estimated useful lives and recoverability of long-lived assets, stock-based compensation, goodwill, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. Actual results could differ materially from those estimates.</p>
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
435 usd
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
434 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
870 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
921 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
435 usd
CY2022Q2 us-gaap Lease Cost
LeaseCost
434 usd
us-gaap Lease Cost
LeaseCost
870 usd
us-gaap Lease Cost
LeaseCost
921 usd
us-gaap Loss Contingency Actions Taken By Plaintiff
LossContingencyActionsTakenByPlaintiff
Under the terms of this agreement, (i) the insurers for the Company and Marc Schessel (former CEO) agreed to a cash payment to the class plaintiffs (ii) the former CEO agreed to transfer 100,000 shares of company common stock to the class plaintiffs, and (iii) the Company agreed to issue $600,000 worth of common stock to the class plaintiffs, in exchange for which all parties were released from all claims related to the securities class action litigation. After giving effect to the share issuance by the Company, the Company believes that it has satisfied the accrued retention liability of $700,000.
CY2022Q2 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
190000 usd
CY2022Q4 us-gaap Loss Contingency Accrual Carrying Value Period Increase Decrease
LossContingencyAccrualCarryingValuePeriodIncreaseDecrease
257545.63 usd
us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
500000 usd
CY2023Q2 us-gaap Legal Fees
LegalFees
69163.98 usd
CY2022Q2 us-gaap Loss Contingency Settlement Agreement Terms
LossContingencySettlementAgreementTerms
on or about April 6, 2022, the Company reached a settlement in principle with the SEC Staff which, subject to a few changes, was subsequently approved by the Commission in which the Company agreed to resolve the SEC’s investigation regarding the April 13, 2020 press release and related disclosures (related to Covid-19 rapid test kits) through the Company’s payment of (a) a civil monetary penalty of $125,000, payable in 4 equal installments over 12 months and (b) disgorgement of $471,000 and prejudgment interest in the amount of $32,761.56 which payment is to be deemed satisfied by the Company’s issuance, no later than 30 days after the entry of the Class Distribution Order in the class action entitled Yannes v. SCWorx Corp. of shares of the Company’s common stock, valued at $600,000 at the time of issuance to authorized claimants in the Yannes settlement, provided that the Class Distribution Order is entered within 365 days from the entry of the Final Judgment in the SEC action. On May 31, 2022, the Commission filed a complaint against Marc Schessel and the Company in the United States District Court for the District of New Jersey alleging violations of Sections 17(a)(1), 17(a)(2), and 17(a)(3) of the Securities Act of 1933 (the “Securities Act”), Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”), and Rules 10b-5(a), 10b-5(b), and 10b-5(c) thereunder relating to the April 13, 2020 press release and related disclosures we made in relation to the transaction involving COVID-19 test kits. At the same time, on May 31, 2022, the Commission filed a motion for approval of the Consent Judgment which contained the aforementioned fine, disgorgement requirement as well as an agreement by the Company to an injunction permanently restraining and enjoining the Company from violating Section 10(b) of the Securities Exchange Act of 1934 (“Exchange Act”) [15 U.S.C. § 78j(b)] and Rules 10b-5(a), (b), and (c) thereunder [17 C.F.R § 240.10b .. 5(a), (b), (c)]; and Section 17(a) of the Securities Act of 1933 (“Securities Act’’) [15 U.S.C. § 77q(a)].On June 2, 2022, the Court granted the motion, approved the settlement and entered a final judgment. SCWorx has paid all installments on the monetary penalty of $125,000 and has issued Company common stock valued at $600,000 to the authorized claimants in the Yannes settlement in full satisfaction of its financial obligations under the Consent Judgement. 
CY2022Q2 us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
125000 usd
CY2023Q1 worx Share Based Compensation Arrangement By Share Based Payment Award Options Vested Restricted Units
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedRestrictedUnits
11332 shares
CY2023Q2 worx Share Based Compensation Arrangement By Share Based Payment Award Options Vested Restricted Units
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedRestrictedUnits
216667 shares
CY2023Q2 worx Shares Issued As Settlements Of Accounts Payable1
SharesIssuedAsSettlementsOfAccountsPayable1
102096 shares
CY2023Q2 worx Accounts Payable Current1
AccountsPayableCurrent1
26545 usd
CY2023Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
0.26
CY2023Q2 worx Shares Issued As Settlements Of Accounts Payable1
SharesIssuedAsSettlementsOfAccountsPayable1
48948 shares
CY2023Q2 worx Accounts Payable Current1
AccountsPayableCurrent1
17621 usd
CY2023Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
0.36
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
300000 shares
CY2023Q2 worx Aggregate Net Proceeds
AggregateNetProceeds
127053 usd
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
300000 shares
CY2023Q2 worx Aggregate Net Proceeds
AggregateNetProceeds
134634 usd
CY2023Q2 us-gaap Class Of Warrant Or Right Unissued
ClassOfWarrantOrRightUnissued
823078 shares
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.65
CY2020Q2 worx Received Amount
ReceivedAmount
515000 usd
CY2020Q2 us-gaap Financing Receivable Sale
FinancingReceivableSale
565000 usd
CY2020Q2 us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
135527 shares
CY2020Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
3.8
CY2020Q2 us-gaap Class Of Warrant Or Right Unissued
ClassOfWarrantOrRightUnissued
169409 shares
CY2020Q2 us-gaap Warrant Exercise Price Increase
WarrantExercisePriceIncrease
4
CY2023Q2 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
415000 usd
CY2023Q2 worx Equity Financing Current
EquityFinancingCurrent
125000 usd
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
148240 usd
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
222000 usd
CY2023Q2 us-gaap Share Based Compensation
ShareBasedCompensation
147873 usd
CY2022Q2 us-gaap Share Based Compensation
ShareBasedCompensation
297981 usd
us-gaap Share Based Compensation
ShareBasedCompensation
295746 usd
us-gaap Share Based Compensation
ShareBasedCompensation
645549 usd
CY2023Q2 worx Share Based Compensation Common Stock
ShareBasedCompensationCommonStock
147873 usd
CY2022Q2 worx Share Based Compensation Common Stock
ShareBasedCompensationCommonStock
297981 usd
worx Share Based Compensation Common Stock
ShareBasedCompensationCommonStock
295746 usd
worx Share Based Compensation Common Stock
ShareBasedCompensationCommonStock
645549 usd
CY2023Q2 worx Share Based Compensation Total
ShareBasedCompensationTotal
147873 usd
CY2022Q2 worx Share Based Compensation Total
ShareBasedCompensationTotal
297981 usd
worx Share Based Compensation Total
ShareBasedCompensationTotal
295746 usd
worx Share Based Compensation Total
ShareBasedCompensationTotal
645549 usd
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3325735 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3611004 shares
CY2023Q2 worx Amounts Due To Officers
AmountsDueToOfficers
153838 usd
CY2022Q4 worx Amounts Due To Officers
AmountsDueToOfficers
153838 usd
CY2021Q3 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
100000 usd
CY2023Q2 us-gaap Accounts Payable Interest Bearing Noncurrent
AccountsPayableInterestBearingNoncurrent
83811 usd
CY2022Q4 us-gaap Accounts Payable Interest Bearing Noncurrent
AccountsPayableInterestBearingNoncurrent
100000 usd
CY2016Q2 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
160085 usd
CY2023Q2 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
160085 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
usd
CY2023Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
usd
us-gaap Interest Expense
InterestExpense
usd
CY2023Q2 us-gaap Gain Loss On Sales Of Consumer Loans
GainLossOnSalesOfConsumerLoans
usd
CY2022Q2 us-gaap Gain Loss On Sales Of Consumer Loans
GainLossOnSalesOfConsumerLoans
usd
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13420527 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13817517 shares
CY2023Q2 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
usd
CY2023Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
usd
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
usd
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
usd
CY2022Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
usd
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
usd
worx Gain Loss On Settlement Of Accounts Payable
GainLossOnSettlementOfAccountsPayable
usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
usd
worx Commitment Shares Issued In Conjunction With Capital Raise Amount
CommitmentSharesIssuedInConjunctionWithCapitalRaiseAmount
usd
worx Shares Issued For Equity Financings
SharesIssuedForEquityFinancings
usd
us-gaap Stock Issued1
StockIssued1
usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
usd
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0001674227

Files In Submission

Name View Source Status
0001213900-23-066853-index-headers.html Edgar Link pending
0001213900-23-066853-index.html Edgar Link pending
0001213900-23-066853.txt Edgar Link pending
0001213900-23-066853-xbrl.zip Edgar Link pending
f10q0623ex31-1_scworx.htm Edgar Link pending
f10q0623ex31-2_scworx.htm Edgar Link pending
f10q0623ex32-1_scworx.htm Edgar Link pending
f10q0623ex32-2_scworx.htm Edgar Link pending
f10q0623_scworx.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
f10q0623_scworx_htm.xml Edgar Link completed
R18.htm Edgar Link pending
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
R24.htm Edgar Link pending
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
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R4.htm Edgar Link pending
R5.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
worx-20230630.xsd Edgar Link pending
worx-20230630_cal.xml Edgar Link unprocessable
worx-20230630_def.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
worx-20230630_lab.xml Edgar Link unprocessable
worx-20230630_pre.xml Edgar Link unprocessable