MDWerks, Inc. financial data

Symbol
MDWK on OTC
Industry
Beverages
Location
411 Walnut Street,, Suite 20125, Green Cove Springs, FL
State of incorporation
DE
Fiscal year end
December 31
Former names
WESTERN EXPLORATION INC. (to 10/13/2005)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 234 %
Return On Equity -159 % -142%
Return On Assets -47.8 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 201M shares +61.4%
Common Stock, Shares, Outstanding 201M shares +61%
Entity Public Float 262K USD 0%
Common Stock, Value, Issued 201K USD +61%
Weighted Average Number of Shares Outstanding, Basic 201M shares +62.1%
Weighted Average Number of Shares Outstanding, Diluted 201M shares +62.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 272K USD
Cost of Revenue 343K USD
General and Administrative Expense 1.44M USD +475%
Operating Income (Loss) -1.35M USD -440%
Nonoperating Income (Expense) -62.6K USD -1002%
Net Income (Loss) Attributable to Parent -1.25M USD -387%
Earnings Per Share, Basic 0 USD/shares
Earnings Per Share, Diluted 0 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 0 USD
Accounts Receivable, after Allowance for Credit Loss, Current 54.6K USD
Inventory, Net 152K USD
Assets, Current 372K USD +7427%
Property, Plant and Equipment, Net 695K USD +690%
Operating Lease, Right-of-Use Asset 998K USD
Intangible Assets, Net (Excluding Goodwill) 18.9K USD
Goodwill 467K USD
Assets 3.12M USD +2680%
Accounts Payable, Current 6.64K USD
Liabilities, Current 1.55M USD
Operating Lease, Liability, Noncurrent 787K USD
Liabilities 2.62M USD +1647%
Retained Earnings (Accumulated Deficit) -1.81M USD -223%
Stockholders' Equity Attributable to Parent 499K USD
Liabilities and Equity 3.12M USD +2680%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -281K USD -378%
Net Cash Provided by (Used in) Financing Activities 338K USD +343%
Net Cash Provided by (Used in) Investing Activities -8.82K USD
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 201M shares +61%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 0 USD
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 155K USD +65.1%
Deferred Tax Assets, Gross 155K USD +65.1%
Operating Lease, Liability 1.11M USD
Depreciation 61.1K USD
Payments to Acquire Property, Plant, and Equipment 8.82K USD
Lessee, Operating Lease, Liability, to be Paid 1.32M USD
Property, Plant and Equipment, Gross 819K USD
Operating Lease, Liability, Current 321K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 308K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 295K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 211K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 185K USD
Preferred Stock, Shares Issued 8.96M shares 0%
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 160K USD
Additional Paid in Capital 2M USD +417%
Preferred Stock, Shares Outstanding 8.96M shares 0%
Amortization of Intangible Assets 14.1K USD +5025%
Depreciation, Depletion and Amortization 77.9K USD
Interest Expense 4.23K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%