MDWerks Inc
For the period ended Dec 31, 2023. Filed Jun 28, 2024.
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FY2023 · Filed Jun 28, 2024
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Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| For the Years Ended | |||
|---|---|---|---|
| December 31, | |||
| 2023 · 2022 | |||
| Revenues | $104,066 | $ | - |
| Cost of revenues | 28,551 | - | |
| Gross profit | 75,515 | - | |
| Operating expenses: | |||
| Selling, general and administrative expenses | 470,917 | 153,713 | |
| Salaries and wages | 42,071 | - | |
| Depreciation expense | 15,126 | - | |
| Total operating expenses | 528,114 | 153,713 | |
| Operating loss | (452,599) | (153,713) | |
| Other income (expense): | |||
| Gain on sale of assets | 168,855 | - | |
| Other income | 2,533 | - | |
| Interest expense, net | (10,461) | - | |
| Total other income (expense) | 160,927 | - | |
| Net loss | $(291,672) | $(153,713) | |
| Net loss per common share – basic | $(0.00) | $(0.01) | |
| Net loss per common share – diluted | $(0.00) | $(0.01) | |
| Weighted average common shares outstanding | |||
| Basic | 129,422,897 | 24,565,003 | |
| Diluted | 129,422,897 | 24,565,003 | |
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