MDWerks Inc
For the period ended Jun 30, 2024. Filed Aug 14, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 14, 2024
MDWKStored price and day change unavailable
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations (Unaudited)
Consolidated Statements of Operations
| Three Months Ended · Three Months Ended · Six Months Ended · Six Months Ended | ||||||
|---|---|---|---|---|---|---|
| June 30, 2024 · June 30, 2023 · June 30, 2024 · June 30, 2023 | ||||||
| Revenue | $271,894 | $ | - | $956,554 | $ | - |
| Cost of revenue | 343,408 | - | 733,249 | - | ||
| Gross (loss) profit | (71,514) | - | 223,305 | - | ||
| Operating Expenses | ||||||
| General and administrative expense | 538,733 | 63,801 | 1,044,621 | 105,252 | ||
| Salaries and wages | 16,147 | - | 32,295 | - | ||
| Depreciation and amortization | 75,164 | 275 | 153,094 | 275 | ||
| Total Operating Expenses | 630,044 | 64,076 | 1,230,010 | 105,527 | ||
| Net Loss from Operations | (701,558) | (64,076) | (1,006,705) | (105,527) | ||
| Other Income (Expense) | ||||||
| Other income | 1,900 | - | 3,800 | - | ||
| Loss on disposal of assets | (57,700) | - | (54,000) | - | ||
| Interest expense | (6,757) | (5,676) | (9,599) | (5,676) | ||
| Total Other Expense | (62,557) | (5,676) | (59,799) | (5,676) | ||
| Net loss | $(764,115) | $(69,752) | $(1,066,504) | $(111,203) | ||
| Net loss per share | ||||||
| Basic | $(0.00) | $(0.00) | $(0.01) | $(0.00) | ||
| Diluted | $(0.00) | $(0.00) | $(0.01) | $(0.00) | ||
| Weighted Average Number of Shares | ||||||
| Basic | 200,824,868 | 123,855,718 | 199,928,897 | 123,284,882 | ||
| Diluted | 200,824,868 | 123,855,718 | 199,928,897 | 123,284,882 | ||
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