MDWK · MDWerks, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“These matters raise substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 19, 2026
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| $2.24M | $2.21M | $2.36M | $104.07K | — | — | — | |
| $2.5M | $2.56M | $1.49M | $81.66K | — | — | — | |
| -$265.4K | -$350.32K | $874.03K | $22.41K | — | — | — | |
| — | -15.82% | 36.97% | 21.53% | — | — | — | |
| $1.94M | $2.3M | $1.85M | $459.88K | $153.71K | $20.8K | $13.73K | |
| $1.94M | $2.3M | $1.85M | $459.88K | — | — | — | |
| $56.4K | $56.4K | $60.72K | $4339 | — | — | — | |
| $329.57K | $319.85K | $289.63K | $15.13K | — | — | — | |
| $2.88M | $3.39M | $2.38M | $475.01K | $153.71K | $20.8K | $13.73K | |
| -$3.14M | -$3.74M | -$1.5M | -$452.6K | -$153.71K | -$20.8K | -$13.73K | |
| — | -168.72% | -63.56% | -434.92% | — | — | — | |
| -$2.81M | -$3.42M | -$1.21M | -$437.47K | — | — | — | |
| $67.17K | $61.83K | $23.42K | $10.46K | — | $6825 | $6825 | |
| -$67.17K | -$61.63K | -$118.45K | $160.93K | — | $58.77K | -$6825 | |
| -$3.21M | -$3.8M | -$1.62M | -$291.67K | -$153.71K | $37.98K | -$20.55K | |
| — | -171.5% | -68.57% | -280.28% | — | — | — | |
| USD/shares | -$0.01 | -$0.02 | -$0.01 | $0.00 | -$0.01 | $0.00 | $0.00 |
| USD/shares | -$0.01 | -$0.02 | -$0.01 | $0.00 | -$0.01 | $0.00 | — |
| shares | — | 221.36M | 201.54M | 129.42M | 24.57M | 18.01M | 18.01M |
| shares | — | 221.36M | 201.54M | 129.42M | 24.57M | 18.01M | — |
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 3 similar-size Beverages - Wineries & Distilleries companies (of 7 listed).
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Two Trees Distilling | $1,350,114 | $1,324,823 | $104,066 |
| RF Specialties | $864,428 | $1,039,270 | — |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Two Trees Distilling | -$576,142 | -$451,956 | -$45,158 |
| RF Specialties | -$757,401 | $908 | -$8,138 |
| Corporate | -$2,402,821 | -$1,051,616 | -$399,303 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Two Trees Distilling | -42.7% | -34.1% | -43.4% |
| RF Specialties | -87.6% | 0.1% | — |