MDWK · Mdwerks, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Revenue | $2.21M | $2.36M | $104.1K | - | - |
| Cost of Revenue | $2.56M | $1.49M | $28.6K | - | - |
| Gross Profit | ($350.3K) | $874.0K | $75.5K | - | - |
| R&D | - | - | - | - | - |
| SG&A | $2.30M | $1.85M | $470.9K | $136.7K | $13.7K |
| Total Operating Expenses | $3.39M | $2.38M | $528.1K | $136.7K | $13.7K |
| D&A | $319.8K | $289.6K | $15.1K | - | - |
| Operating Income | ($3.74M) | ($1.50M) | ($452.6K) | ($136.7K) | ($13.7K) |
| Interest Expense | $23.4K | $23.4K | $10.5K | - | $6.8K |
| Income Tax | - | - | - | - | - |
| Net Income | ($3.80M) | ($1.62M) | ($291.7K) | ($136.7K) | ($20.6K) |
| EPS - Basic | ($0.02) | ($0.01) | $0.00 | ($0.01) | $0.00 |
| EPS - Diluted | ($0.02) | ($0.01) | $0.00 | $0.00 | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | $211.9K | $11.2K | $115.1K | - | $0 |
| Accounts Receivable | $43.5K | $109.1K | $106.7K | - | - |
| Inventory | $821.0K | $236.9K | $201.2K | - | - |
| Accounts Payable | - | - | - | - | - |
| Current Assets | $1.17M | $374.2K | $549.2K | $23.7K | - |
| Total Assets | $4.05M | $2.92M | $3.23M | $23.7K | $0 |
| Current Liabilities | $2.42M | $1.62M | $1.07M | $128.1K | $230.8K |
| Long-term Debt | $367.7K | $488.9K | $189.2K | - | - |
| Total Liabilities | $3.05M | $2.55M | $2.07M | $128.1K | $230.8K |
| Stockholders' Equity | $1.00M | $371.0K | $1.16M | ($128.1K) | ($230.8K) |
| Retained Earnings | ($6.16M) | ($2.36M) | ($739.4K) | ($430.7K) | ($294.0K) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | ($1.57M) | ($782.0K) | ($519.8K) | ($114.0K) | $0 |
| Investing Cash Flow | ($872.2K) | ($7.0K) | $39.0K | - | - |
| Financing Cash Flow | $2.65M | $685.0K | $572.1K | $114.0K | $0 |
| CapEx | $872.2K | $7.0K | $88.0K | - | - |
| Free Cash Flow | ($2.45M) | ($789.0K) | ($607.8K) | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | -15.8% | 37.0% | 72.6% | - | - |
| Operating margin | -168.7% | -63.6% | -434.9% | - | - |
| EBITDA margin | -154.3% | -51.3% | -420.4% | - | - |
| Net margin | -171.5% | -68.6% | -280.3% | - | - |
| Free cash flow margin | -110.5% | -33.4% | -584.0% | - | - |
| FCF / Net income | 0.64 | 0.49 | 2.08 | - | - |
| R&D / Revenue | - | - | - | - | - |
| SG&A / Revenue | 104.0% | 78.4% | 452.5% | - | - |
| Effective tax rate | - | - | - | - | - |
| Return on assets | -93.8% | -55.6% | -9.0% | -576.5% | - |
| Return on equity | -378.9% | -436.9% | -25.1% | 106.8% | 8.9% |
| Return on invested capital | - | - | - | - | - |
| Liquidity | |||||
| Current ratio | 0.48 | 0.23 | 0.51 | 0.19 | - |
| Quick ratio | 0.14 | 0.08 | 0.33 | 0.19 | - |
| Cash ratio | 0.09 | 0.01 | 0.11 | - | 0.00 |
| Leverage | |||||
| Debt / Equity | 0.37 | 1.32 | 0.16 | - | - |
| Debt / Assets | 0.09 | 0.17 | 0.06 | - | - |
| Debt / EBITDA | - | - | - | - | - |
| Interest coverage | -159.5x | -64.2x | -43.3x | - | -2.0x |
| Equity multiplier | 4.04 | 7.86 | 2.79 | -0.19 | 0.00 |
| Liabilities / Assets | 0.75 | 0.87 | 0.64 | 5.40 | - |
| Efficiency | |||||
| Asset turnover | 0.55 | 0.81 | 0.03 | - | - |
| Inventory turnover | 3.12 | 6.29 | 0.14 | - | - |
| Days sales outstanding | 7d | 17d | 374d | - | - |
| Days inventory outstanding | 117d | 58d | 2572d | - | - |
| Days payable outstanding | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - |
| Valuation | |||||
| P / E | - | - | - | - | - |
| P / B | - | - | - | - | - |
| P / S | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - |
| Growth | |||||
| Revenue growth (YoY) | -6.3% | 2171.7% | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - |
| Gross profit growth (YoY) | - | 1057.4% | - | - | - |
| Operating income growth (YoY) | -148.6% | -232.0% | -231.0% | -895.9% | - |
| Net income growth (YoY) | -134.3% | -455.8% | -113.3% | -565.2% | - |
| EPS growth (YoY) | -100.0% | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - |
| FCF growth (YoY) | -210.1% | -29.8% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - |
| Book value growth (YoY) | 170.1% | -68.0% | - | 44.5% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$2.21M totalTwo Trees Distilling$1.35M · 61.0%
RFSpecialties$864.4K · 39.0%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
-3.69
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Beverages
Comparing MDWerks against the 5 most active filers in the same SIC group.