Every 10-Q that SCWORX CORP (WORX) 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 WORX 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 WORX filings page.
SCWorx Corp. reported modest revenue growth and sharply improved profitability for the quarter and six months ended June 30, 2026. Quarterly revenue was $706,049, up slightly from $682,632, while gross profit rose to $330,423 from $180,417, an increase of approximately 83%, driven mainly by lower cloud hosting and contractor costs.
For the six-month period, revenue was $1,450,948 versus $1,402,931, and gross profit more than doubled to $704,532. Operating expenses were relatively stable at $961,300, but non-cash interest and settlement charges declined sharply, reducing net loss to $294,721 from $2,382,388. Cash decreased to $1,263,478 as the company used $258,442 in operating cash flow and invested $138,021 in capitalized software development, partially offset by warrant exercise proceeds.
Total assets were $7.7 million, including $5.84 million of goodwill and $158,040 of capitalized intangibles. Deferred revenue increased to $198,125, reflecting remaining SaaS performance obligations. SCWorx effected a 1‑for‑12 reverse stock split in August 2026 to support Nasdaq bid-price compliance and is in a 20‑day monitoring period. Management disclosed that disclosure controls and procedures were not effective due to internal control design deficiencies and limited segregation of duties.
SCWorx Corp. reports Q1 2026 results with modest revenue growth and a sharply reduced loss. Revenue was $744,899, up slightly from $720,299 a year earlier. Cost of revenue dropped to $370,790, lifting gross profit to $374,109 from $136,863.
Operating expenses rose to $509,923, mainly from higher salaries and new stock-based compensation, but interest expense fell as all prior convertible notes were converted to equity. Net loss narrowed to $173,767 from $476,303. Cash was $1.34 million at March 31, 2026, down from $1.64 million at year-end.
The company implemented a 1-for-15 reverse stock split effective April 10, 2026. Nasdaq has notified SCWorx that its shares will be delisted for failing to meet the $1.00 minimum bid price; trading was suspended April 14, 2026, and the company has appealed. Management also reports that disclosure controls and procedures were not effective due to control design deficiencies and lack of segregation of duties.
SCWorx Corp. reported Q3 2025 results. Revenue was $705,799, down modestly from $759,724 a year ago, while cost controls lifted gross profit to $251,927 from $132,576. Operating loss narrowed to $138,857 from $393,498, but higher non‑cash interest and debt discount amortization drove other expense to $1,173,682, resulting in a net loss of $1,312,539 versus $424,963.
For the nine months, revenue was $2,108,730 versus $2,313,850, and net loss widened to $3,694,927 from $940,935, largely tied to financing-related charges. Cash increased to $684,295 from $106,654, aided by $1,992,175 in net financing cash inflows, including warrant exercises. Deferred revenue was $399,000, and stockholders’ equity rose to $5,997,330.
The company disclosed substantial doubt about its ability to continue as a going concern. Nasdaq granted a 180‑day extension to regain the $1.00 minimum bid price, now through April 6, 2026. Disclosure controls were deemed not effective due to design deficiencies and lack of segregation of duties. Shares outstanding were 15,826,834 as of November 12, 2025.
SCWorx Corp. reported a six-month decline in revenue to $1,402,931 from $1,554,126 a year earlier and a widened net loss of $2,382,388 versus $515,972, driven largely by significant non-cash interest and debt discount amortization related to new convertible financings.
The balance sheet shows $340,209 in cash, $412,216 of net accounts receivable and total assets of $6,645,933. Accumulated deficit totaled $33,358,454 and deferred revenue was $219,250. During the period the company issued aggregate convertible notes of $2,655,000 and recognized substantial amortization of debt discounts ($1,458,243 for six months), and it issued warrants totaling 43,907,807 shares, creating potential dilution. Management discloses substantial doubt about the company’s ability to continue as a going concern within one year and a Nasdaq minimum bid-price deficiency, with a compliance window available.