Here are the S-1 registration statements from SCWorx Corp. (WORX) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
An S-1 covers the registration statement a company files to sell shares publicly, 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. is registering 53,220,845 shares of common stock for resale by existing investors, tied to prior convertible notes and warrant financings. The company will not receive proceeds from these resale transactions, but could receive up to approximately $16.5 million if related warrants are exercised for cash. SCWorx had 15,826,834 common shares outstanding as of January 6, 2026, while a large pool of additional shares is issuable under outstanding warrants, creating substantial potential dilution.
The filing highlights a weak financial position: 2024 revenue fell about 21% to $2,989,599, with a 2024 net loss of $1,136,225 and an accumulated deficit of $30,976,066 at year-end. For the nine months ended September 30, 2025, the company lost $3,694,927, used about $1,414,534 in operating cash, and held only $684,000 of cash, leading auditors to express substantial doubt about its ability to continue as a going concern.
The prospectus also discloses a Nasdaq minimum bid price deficiency. SCWorx has until April 6, 2026 to regain compliance, likely via a reverse stock split, and warns that failure, especially combined with significant warrant overhang, could result in delisting and make future capital raises more difficult.