MDWerks, Inc.
For the period ended Dec 31, 2024. Filed Mar 25, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 25, 2025
MDWKStored price and day change unavailable
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statement of Changes in Stockholders’ Equity (Deficit)
| Preferred Stock · Common Stock · Additional Paid-in · Subscription · Accumulated | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Capital · Payable · Deficit · Total | ||||||||||
| Balance December 31, 2022 | 8,957,500 | $8,958 | 122,260,208 | $122,260 | $201,531 | $ | - | $(447,716) | $(114,967) | |
| Common Shares sold for cash | - | - | 8,964,660 | 8,965 | 667,384 | - | 676,349 | |||
| Common Shares issued for acquisitions | - | - | 67,500,000 | 67,500 | 817,500 | - | 885,000 | |||
| Imputed interest | - | - | - | - | 5,507 | - | 5,507 | |||
| Net loss | - | - | - | - | - | - | (291,672) | (291,672) | ||
| Balance December 31, 2023 | 8,957,500 | $8,958 | 198,724,868 | $198,725 | $1,691,922 | $ | - | $(739,388) | $1,160,217 | |
| Common shares sold for cash | - | - | 5,020,004 | 5,020 | 739,980 | - | 745,000 | |||
| Common shares to be issued for royalty agreement | - | - | - | - | - | 15,000 | - | 15,000 | ||
| Redemption of Preferred Stock | (8,957,500) | (8,958) | 8,948 | (10) | ||||||
| Stock based compensation | - | - | 1,000,000 | 1,000 | 70,938 | - | 71,938 | |||
| Net loss | - | - | - | - | - | - | (1,621,117) | (1,621,117) | ||
| Balance December 31, 2024 | - | $ | - | 204,744,872 | $204,745 | $2,511,788 | $15,000 | $(2,360,505) | $371,028 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.