Every 10-Q that MDWERKS INC (MDWK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MDWK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MDWK filings page.
MDwerks, Inc. (MDWK) reported modest revenue growth but continued losses for the quarter and six months ended June 30, 2026, while flagging substantial doubt about its ability to continue as a going concern. The company operates two businesses: Two Trees Distilling (spirits using rapid-aging technology) and RF Specialties (radio-frequency industrial applications).
Quarterly revenue rose to $524,090 from $420,609, and the net loss narrowed to $529,872 from $1,336,892, driven mainly by a swing to positive gross profit at RF Specialties as its Molecular Sawdust Drying system moved from build-out to service and installation revenue. For the first half, revenue was $958,177 versus $934,539, with net loss improving to $1,376,904 from $1,966,246.
Liquidity remains strained: cash was only $13,258 at June 30, 2026, after using $605,916 in operating cash in six months, and total liabilities of $3,623,469 far exceed stockholders’ equity of $267,476. The company is funding operations through equity sales, high-interest related-party notes (including 20% convertible debt), and growing deferred revenue, while pursuing new SRAS licensing and a non-binding joint venture LOI with a major lumber company.
MDwerks, Inc. reported a net loss of $847,032 for the three months ended March 31, 2026, on revenue of $434,087, down from $513,930 a year earlier. Two Trees Distilling revenue rose to $313,739, while RF Specialties revenue fell to $120,348, producing a negative gross profit of $136,263.
Total assets were $4,171,503 and total liabilities were $3,521,320, leaving stockholders’ equity of $650,183. Cash declined to $95,754, and the company had a working capital deficit of $1,782,901 and an accumulated deficit of $7,005,527, leading management to state substantial doubt about its ability to continue as a going concern.
MDwerks continued investing in its Spirits Rapid Aging System and signed SRAS-related contracts and licensing arrangements intended to create recurring “Whiskey-as-a-Service” revenue. Subsequent to quarter-end it issued $145,000 of 20% convertible notes due October 15, 2026, convertible at $0.10 per share.
MDwerks, Inc. (MDWK) filed its Q3 2025 10‑Q, reporting weaker results and a going concern warning. Quarterly revenue was $780,141 versus $1,058,707 a year ago, and the company posted a net loss of $1,018,437. For the nine months, revenue was $1,714,680 with a net loss of $2,984,683.
Liquidity remains tight: cash was $181,278, while net cash used in operations was $1,194,182 and investing outflows were $778,082; financing provided $2,142,383. Total assets were $4,368,967 against total liabilities of $3,196,318, leaving stockholders’ equity at $1,172,649. Management disclosed that these conditions “raise substantial doubt about the Company’s ability to continue as a going concern.”
Inventory rose to $1,024,057, including 680 whiskey barrels acquired for 5,000,000 shares valued at $850,000; fixed assets, net, increased to $1,212,027 as the company builds equipment for deployment. Deferred revenue was $386,180 tied to unsatisfied performance obligations. As of November 13, 2025, common shares outstanding were 227,574,910.