MDWerks, Inc.
For the period ended Mar 31, 2025. Filed May 13, 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.
Mar 31, 2025 · Filed May 13, 2025
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
| For the Three Months Ended | ||
|---|---|---|
| March 31, | ||
| 2025 | 2024 | |
| Revenues | $513,930 | $684,660 |
| Cost of revenues | 381,398 | 389,841 |
| Gross profit | 132,532 | 294,819 |
| Operating expenses: | ||
| Selling, general and administrative expenses | 583,905 | 505,888 |
| Salaries and wages | 93,809 | 16,148 |
| Depreciation expense | 72,607 | 77,930 |
| Total operating expenses | 750,321 | 599,966 |
| Operating loss | (617,789) | (305,147) |
| Other income (expense): | ||
| Gain (loss) on sale of assets | - | 1,900 |
| Other income | 200 | 3,700 |
| Interest expense, net | (11,765) | (2,842) |
| Total other income (expense) | (11,565) | 2,758 |
| Net loss | $(629,354) | $(302,389) |
| Net loss per common share – basic | $(0.00) | $(0.00) |
| Net loss per common share – diluted | $(0.00) | $(0.00) |
| Weighted average common shares outstanding | ||
| Basic | 210,632,031 | 199,032,927 |
| Diluted | 210,632,031 | 199,032,927 |
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