Mdwerks Q1 FY26 gross loss widens to $136,263; revenue falls to $434,087
MDWERKS INC
MDWERKS INC MDWK | 0.00 |
- Mdwerks posted revenue of USD 434,087 for the quarter ended March 31, 2026, down 15.54% from a year earlier.
- Gross profit swung to a loss of USD 136,263 from gross profit of USD 132,532 a year earlier as cost of sales rose to USD 570,350.
- Operating expenses edged down to USD 701,549 from USD 750,321, with selling, general and administrative expense falling to USD 467,366.
- Two Trees Distilling revenue climbed to USD 313,739 from USD 252,837, while RF Specialties revenue dropped to USD 120,348 from USD 261,093 on lower activity tied to the MSD project nearing completion.
- Business updates included launch of “Whiskey-as-a-Service” licensing, two new SRAS deployment contracts with first installation expected in Q2 2026, and completion of a higher-capacity SRAS installation at the Two Trees facility in early 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mdwerks Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023433), on May 15, 2026, and is solely responsible for the information contained therein.
