$MKDW

MKDWELL Tech Inc.

CIK:0001991332|SEC Filings
v3.26.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Revenues $ 3,030,680 $ 1,998,971 $ 3,670,722
Cost of revenues (2,842,249) (1,833,300) (2,996,990)
Gross profit 188,431 165,671 673,732
Operating expenses:      
Selling expenses (265,803) (232,122) (241,573)
General and administrative expenses (1,592,259) (2,051,999) (1,491,966)
Research and development expenses (998,671) (705,680) (780,050)
Total operating expenses (2,856,733) (2,989,801) (2,513,589)
Loss from operations (2,668,302) (2,824,130) (1,839,857)
Other loss:      
Interest expenses, net (548,514) (398,036) (244,434)
Other income, net 65,317 65,171 16,230
Total other loss (483,197) (332,865) (228,204)
Loss before income tax expense (3,151,499) (3,156,995) (2,068,061)
Income tax expense
Net loss (3,151,499) (3,156,995) (2,068,061)
Net loss attributable to non-controlling interest (578,906) (639,055) (478,433)
Net loss attributable to ordinary shareholders (2,572,593) (2,517,940) (1,589,628)
Other comprehensive (loss) income      
Foreign currency translation adjustment attributable to non-controlling interest 650,878 (64,324) 26,236
Foreign currency translation adjustment attributable to parent company (407,710) 212,224 (39,867)
Total other comprehensive (loss) income 243,168 147,900 (13,631)
Total comprehensive loss (2,908,331) (3,009,095) (2,081,692)
Total comprehensive (loss) income attributable to non-controlling interest 71,972 (703,379) (452,197)
Total comprehensive loss attributable to ordinary shareholders $ (2,980,303) $ (2,305,716) $ (1,629,495)
Weighted average shares outstanding used in calculating basic and diluted loss per share - basic [1] 3,869,429 559,611 477,646
Weighted average shares outstanding used in calculating basic and diluted loss per share - diluted [1] 3,869,429 559,611 477,646
Loss per share - basic $ (0.66) $ (4.50) $ (3.33)
Loss per share - diluted $ (0.66) $ (4.50) $ (3.33)
[1] The shares and per share information are presented on a retroactive basis to reflect the Reverse Recapitalization and the Share Combination (Note 1).