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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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
| Year Ended | ||||
|---|---|---|---|---|
| December 31, 2025 · December 31, 2024 | ||||
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||
| Net loss | $(3,797,990) | $(1,621,117) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Depreciation and amortization | 319,846 | 289,631 | ||
| Gain/Loss on sale of assets | - | 57,900 | ||
| Loss on impairment of note receivable | - | 97,533 | ||
| Inventory Impairment | 140,067 | - | ||
| Stock-based compensation | 639,885 | 71,938 | ||
| Imputed interest | - | 15,000 | ||
| Allowance for credit losses | 8,056 | 39,176 | ||
| Changes in operating assets and liabilities: | ||||
| Accounts receivable | 57,597 | (41,584) | ||
| Prepaid expense | 97,391 | (17,000) | ||
| Inventory | 125,840 | (35,656) | ||
| Right-of-use asset | 287,678 | 189,349 | ||
| Accounts payable | 663,587 | 153,361 | ||
| Accounts payable related party | (46,812) | 46,812 | ||
| Deferred revenue | 231,112 | 173,287 | ||
| Right-of-use liability | (300,381) | (200,600) | ||
| NET CASH USED IN OPERATING ACTIVITIES | (1,574,124) | (781,970) | ||
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||
| Purchase of property and equipment | (872,247) | (6,990) | ||
| NET CASH (USED IN)/PROVIDED BY INVESTING ACTIVITIES | (872,247) | (6,990) | ||
| CASH FLOWS FROM FINANCING ACTIVITIES | ||||
| Proceeds from related party notes payable | 150,000 | 155,500 | ||
| Redemption of preferred stock | - | (10) | ||
| Repayment of notes payable | (336,741) | (182,982) | ||
| Repayment of notes payable related party | (105,500) | (32,500) | ||
| Proceeds from sale of common stock | 2,939,401 | 745,000 | ||
| NET CASH PROVIDED BY FINANCING ACTIVITIES | 2,647,160 | 685,008 | ||
| NET CHANGE IN CASH | 200,789 | (103,952) | ||
| CASH - BEGINNING OF YEAR | 11,159 | 115,111 | ||
| CASH - END OF PERIOD | $211,948 | $11,159 | ||
| Supplemental disclosures of cash flow information: | ||||
| Cash paid for interest | $7,959 | $ | - | |
| Cash paid for taxes | $ | - | $ | - |
| Supplemental disclosure of non-cash investing and financing activities | ||||
| Property and equipment acquired with notes payable | $ | - | $444,891 | |
| Insurance being financed with a note payable | $171,050 | $ | - | |
| Property and equipment additions in accounts payable | $74,427 | $ | - | |
| Common stock issued for acquisitions | $850,000 | $ | - | |
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