MDwerks, Inc. income statement MDWK

In fiscal 2025, which ended Dec 31, 2025, MDwerks, Inc. reported revenue of $2.2 million, down 6.3% from the year before. It recorded a net loss of $3.8 million. The operating loss came to $3.7 million, an operating margin of -168.7%. Diluted earnings per share were -$0.02. Over the twelve months ended Jun 30, 2026, revenue was $2.2 million and the net loss was $3.2 million.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line
FY 2026
Jun 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
2
-4.4%
2
-6.3%
2
+2171.7%
0
—
—
Cost of revenue
3
+36.1%
3
+72.1%
1
+1724.8%
0
—
—
Gross profit
-0
-152.9%
-0
-140.1%
1
+3800.2%
0
—
—
Selling, general and administrative
2
-2.1%
2
+24.2%
2
+303.0%
0
+199.2%
0
+639.1%
0
Operating income
-3
-28.8%
-4
-148.6%
-2
-232.0%
-0
-194.4%
-0
-639.1%
-0
Net income
-3
-27.3%
-4
-134.3%
-2
-455.8%
-0
-89.8%
-0
-504.8%
0
Basic EPS
-0.01
-14.9%
-0.02
-100.0%
-0.01
0.00
+100.0%
-0.01
0.00
Diluted EPS
-0.01
-14.9%
-0.02
-100.0%
-0.01
0.00
+100.0%
-0.01
—
Weighted average shares, basic
232
+10.7%
221
+9.8%
202
+55.7%
129
+426.9%
25
+36.4%
18
Weighted average shares, diluted
232
+10.7%
221
+9.8%
202
+55.7%
129
+426.9%
25
—
Other measures
Depreciation and amortization
0
+14.5%
0
+10.4%
0
+1814.8%
0
—
—
EBITDA
-3
-30.8%
-3
-181.7%
-1
-177.3%
-0
—
—
Interest coverage
-46.77x
-60.43x
-64.16x
—
—
—
Margins
Gross margin
-11.86%
-15.82%
36.97%
21.53%
—
—
Operating margin
-140.36%
-168.72%
-63.56%
-434.92%
—
—
Profit margin
-143.36%
-171.50%
-68.57%
-280.28%
—
—
EBITDA margin
-125.63%
-154.28%
-51.31%
-420.38%
—
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Beverages (SIC 2080)
Listed as
MDWK (OTC)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Green Cove Springs, FL
SEC filer status
Non-accelerated filer, Smaller reporting company
SEC CIK
1295514
Former names
WESTERN EXPLORATION INC. (until Oct 13, 2005)

Other Beverages companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.