MDWerks, Inc.
For the period ended Sep 30, 2025. Filed Nov 14, 2025.
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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.
Sep 30, 2025 · Filed Nov 14, 2025
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Consolidated Statements of Operations (Unaudited)
MDwerks, Inc.
Consolidated Statements of Operations
| Three Months Ended | Three Months Ended | Nine Months Ended | Nine Months Ended | |
|---|---|---|---|---|
| September 30, 2025 | September 30, 2024 | September 30, 2025 | September 30, 2024 | |
| Revenue | $780,141 | $1,058,707 | $1,714,680 | $2,015,261 |
| Cost of revenue | 661,871 | 325,839 | 1,745,175 | 1,059,088 |
| Gross (loss) profit | 118,270 | 732,868 | (30,495) | 956,173 |
| Operating Expenses | ||||
| General and administrative expense | 926,450 | 494,821 | 2,099,717 | 1,539,442 |
| Salaries and wages | 99,251 | 16,148 | 568,325 | 48,443 |
| Depreciation and amortization | 84,817 | 58,969 | 236,012 | 212,063 |
| Total Operating Expenses | 1,110,518 | 569,938 | 2,904,054 | 1,799,948 |
| Net Loss from Operations | (992,248) | 162,930 | (2,934,549) | (843,775) |
| Other Income (Expense) | ||||
| Other income | - | 1,900 | 200 | 5,700 |
| Gain/Loss on disposal of assets | - | - | - | (54,000) |
| Interest expense | (26,189) | (7,806) | (50,334) | (17,405) |
| Total Other Expense | (26,189) | (5,906) | (50,134) | (65,705) |
| Net loss | $(1,018,437) | $157,024 | $(2,984,683) | $(909,480) |
| Net loss per share | ||||
| Basic | $(0.01) | $(0.00) | $(0.01) | $(0.00) |
| Diluted | $(0.01) | $(0.00) | $(0.01) | $(0.00) |
| Weighted Average Number of Shares | ||||
| Basic | 223,196,359 | 201,065,672 | 218,120,594 | 200,470,538 |
| Diluted | 223,196,359 | 201,065,672 | 218,120,594 | 200,470,538 |
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