MDWerks, Inc.
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
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FY2025 · Filed Mar 31, 2026
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Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Current Assets | ||
| Cash | $211,948 | $11,159 |
| Accounts receivable, net | 43,489 | 109,142 |
| Inventory | 820,956 | 236,863 |
| Prepaid expenses | 90,659 | 17,000 |
| Total Current Assets | 1,167,052 | 374,164 |
| Fixed assets, net | 1,268,555 | 585,025 |
| Intangible assets, net | 502,382 | 558,784 |
| Right-of-use asset | 628,125 | 915,803 |
| Goodwill | 466,648 | 466,648 |
| Other non-current assets | 16,010 | 16,010 |
| Total Assets | $4,048,772 | $2,916,434 |
| Liabilities and Stockholders’ Equity (Deficit) | ||
| Current Liabilities | ||
| Accounts payable and accrued expenses | $1,560,425 | $822,111 |
| Accounts payable related party | - | 46,812 |
| Notes payable | 162,110 | 134,557 |
| Notes payable – related party | 117,500 | 123,000 |
| Deferred revenue | 457,178 | 226,066 |
| Right-of-use liability, current portion | 124,856 | 266,315 |
| Total Current Liabilities | 2,422,069 | 1,618,861 |
| Notes payable, net of current portion | 38,126 | 231,370 |
| Notes payable, net of current portion, Related Party | 50,000 | - |
| Right-of use liability, net of current portion | 536,253 | 695,175 |
| Total Liabilities | 3,046,448 | 2,545,406 |
| Stockholders’ Equity (Deficit) | ||
| Preferred stock, par value $0.001; 10,000,000 shares authorized, of which 0 and 8,957,500 were issued and outstanding | - | - |
| Common stock, par value $0.001; 300,000,000 shares authorized, of which 234,105,560 and 204,744,872 shares were issued and outstanding at December 31, 2025 and 2024, respectively | 234,106 | 204,745 |
| Additional paid in capital | 6,911,713 | 2,511,788 |
| Subscription payable | 15,000 | 15,000 |
| Accumulated deficit | (6,158,495) | (2,360,505) |
| Total Stockholders’ Equity (Deficit) | 1,002,324 | 371,028 |
| Total Liabilities and Stockholders’ Equity (Deficit) | $4,048,772 | $2,916,434 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.