NASDAQ : WORX
SCWorx Corp. — Financial statements
Healthcare · Health Information Services · United States
Last price 1.6 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 878.56K
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Financial statements
SCWorx Corp. (WORX) reported revenue of 2.93M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 2.93M | 2.88M | 2.99M | 3.80M | 4.04M | 4.63M |
| Cost of Revenue | 1.62M | 1.96M | 2.24M | 2.54M | 2.62M | 2.78M |
| Gross Profit | 1.31M | 919.71K | 745.99K | 1.27M | 1.41M | 1.85M |
| Selling, General & Admin | 1.89M | 1.88M | 2.01M | 2.36M | 2.40M | 5.66M |
| Operating Expenses | 1.89M | 1.88M | 2.01M | 2.72M | 3.54M | 5.66M |
| Operating Income | -587.96K | -958.72K | -1.26M | -1.45M | -2.12M | -3.81M |
| Interest Expense | -1.35M | -2.99M | -104.20K | -6.45K | -3.15K | |
| EBT Excluding Unusual Items | -1.93M | -3.94M | -1.36M | -1.46M | -2.13M | -3.81M |
| Impairment of Goodwill | -2.52M | |||||
| Legal Settlements | -78.10K | |||||
| Other Unusual Items | -421.69K | -421.69K | 227.40K | 279.19K | ||
| Pretax Income | -2.36M | -4.44M | -1.14M | -3.98M | -1.85M | -3.81M |
| Net Income | -2.36M | -4.44M | -1.14M | -3.98M | -1.85M | -3.81M |
| Net Income to Common | -2.36M | -4.44M | -1.14M | -3.98M | -1.85M | -3.81M |
| Shares Outstanding (Basic) | 76.43K | 40.42K | ||||
| Shares Outstanding (Diluted) | 76.43K | 40.42K | ||||
| EPS (Basic) | -30.83 | -109.95 | ||||
| EPS (Diluted) | -30.83 | -109.95 | ||||
| Free Cash Flow | -756.22K | -1.55M | -1.08M | -806.16K | -540.04K | -1.07M |
| Free Cash Flow Per Share | -9.89 | -38.45 | ||||
| Gross Margin | 44.67% | 31.96% | 24.95% | 33.35% | 35.01% | 39.93% |
| Operating Margin | -20.10% | -33.32% | -42.13% | -38.13% | -52.58% | -82.34% |
| Profit Margin | -80.54% | -154.44% | -38.01% | -104.63% | -45.75% | -82.34% |
| Free Cash Flow Margin | -25.85% | -54.01% | -36.27% | -21.19% | -13.37% | -23.10% |
| EBITDA | -958.32K | -2.05M | -3.74M | |||
| EBITDA Margin | -33.30% | -50.70% | -80.70% | |||
| D&A For EBITDA | 404.00 | 76.16K | 76.16K | |||
| EBIT | -587.96K | -958.72K | -1.26M | -1.45M | -2.12M | -3.81M |
| EBIT Margin | -20.10% | -33.32% | -42.13% | -38.13% | -52.58% | -82.34% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.26M | 1.64M | 106.65K | 91.44K | 249.46K | 71.08K |
| Cash & Short-Term Investments | 1.26M | 1.64M | 106.65K | 91.44K | 249.46K | 71.08K |
| Accounts Receivable | 261.76K | 313.35K | 372.72K | 304.81K | 336.03K | 464.85K |
| Receivables | 261.76K | 313.35K | 372.72K | 304.81K | 336.03K | 464.85K |
| Inventory | 156.60K | |||||
| Prepaid Expenses | 173.74K | 65.63K | 24.01K | 39.53K | 295.18K | 63.94K |
| Total Current Assets | 1.70M | 2.02M | 503.38K | 435.78K | 880.67K | 756.47K |
| Property, Plant & Equipment | 8.45K | 10.22K | ||||
| Goodwill | 5.84M | 5.84M | 5.84M | 5.84M | 8.37M | 8.37M |
| Other Intangible Assets | 158.04K | 20.02K | ||||
| Total Assets | 7.71M | 7.90M | 6.35M | 6.28M | 9.25M | 9.12M |
| Accounts Payable | 284.92K | 287.35K | 1.18M | 1.74M | 1.36M | 1.43M |
| Accrued Expenses | 142.75K | 146.12K | 53.95K | |||
| Short-Term Debt | 149.84K | 149.84K | 244.83K | 217.46K | 225.00K | 125.00K |
| Current Portion of Long-Term Debt | 1.54K | |||||
| Current Unearned Revenue | 198.12K | 158.75K | 354.08K | 378.58K | 579.83K | 472.75K |
| Other Current Liabilities | 153.84K | 253.84K | ||||
| Total Current Liabilities | 775.63K | 743.60K | 1.84M | 2.33M | 2.32M | 2.28M |
| Long-Term Debt | 19.66K | 90.36K | 147.75K | 433.57K | ||
| Total Liabilities | 775.63K | 743.60K | 1.86M | 2.42M | 2.47M | 2.72M |
| Common Stock | 89.00 | 15.83K | 1.86K | 1.23K | 868.00 | 11.29K |
| Additional Paid-In Capital | 42.65M | 42.56M | 35.46M | 33.69M | 32.03M | 29.81M |
| Retained Earnings | -35.71M | -35.42M | -30.98M | -29.84M | -25.86M | -24.01M |
| Comprehensive Income & Other | 600.00K | 600.00K | ||||
| Total Common Equity | 6.93M | 7.15M | 4.49M | 3.85M | 6.78M | 6.41M |
| Shareholders' Equity | 6.93M | 7.15M | 4.49M | 3.85M | 6.78M | 6.41M |
| Total Liabilities & Equity | 7.71M | 7.90M | 6.35M | 6.28M | 9.25M | 9.12M |
| Total Debt | 149.84K | 151.38K | 264.49K | 307.82K | 372.75K | 558.57K |
| Net Cash (Debt) | 1.11M | 1.49M | -157.84K | -216.38K | -123.29K | -487.49K |
| Net Cash Per Share | 14.57 | 36.94 | ||||
| Filing Date Shares Outstanding | 89.79K | 88.89K | 11.70K | 4.82K | 4.22K | |
| Total Common Shares Outstanding | 89.27K | 87.93K | 10.33K | 4.82K | 4.18K | |
| Working Capital | 923.35K | 1.28M | -1.33M | -1.90M | -1.44M | -1.53M |
| Book Value Per Share | 77.66 | 81.35 | 434.57 | 1,406.20 | 1,531.20 | |
| Tangible Book Value | 931.76K | 1.29M | -1.35M | -1.99M | -1.59M | -1.96M |
| Tangible Book Value Per Share | 10.44 | 14.67 | -130.95 | -329.94 | -468.91 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -2.36M | -4.44M | -1.14M | -3.98M | -1.85M | -3.81M |
| Depreciation & Amortization | 2.17K | 404.00 | 76.16K | |||
| Other Amortization | 1.18M | 2.60M | 49.66K | |||
| Asset Writedown & Restructuring Costs | 2.52M | |||||
| Stock-Based Compensation | 77.34K | 61.20K | 361.36K | 1.14M | 2.69M | |
| Provision & Write-off of Bad Debts | 35.20K | 25.50K | 48.00K | 78.12K | 163.92K | |
| Other Operating Activities | 421.69K | 499.79K | 118.48K | -122.59K | 366.84K | |
| Change in Accounts Receivable | 150.46K | 24.17K | -93.40K | -16.78K | 50.69K | 93.39K |
| Change in Inventory | 475.00K | |||||
| Change in Accounts Payable | -74.12K | -84.48K | -39.33K | 433.97K | 83.37K | -452.28K |
| Change in Unearned Revenue | -21.12K | -195.33K | -24.50K | -201.25K | 107.08K | -690.08K |
| Change in Other Net Operating Assets | -122.67K | -41.62K | 15.53K | 25.65K | -31.24K | 23.69K |
| Operating Cash Flow | -745.60K | -1.54M | -1.08M | -806.16K | -540.04K | -1.07M |
| Capital Expenditures | -10.62K | -10.62K | ||||
| Sale (Purchase) of Intangibles | -158.04K | -20.02K | ||||
| Other Investing Activities | 165.00K | |||||
| Investing Cash Flow | -168.66K | -30.64K | 165.00K | |||
| Short-Term Debt Issued | 128.48K | 193.56K | 100.00K | |||
| Long-Term Debt Issued | 1.39M | 994.50K | 139.59K | |||
| Total Debt Issued | 1.39M | 1.12M | 193.56K | 239.59K | ||
| Short-Term Debt Repaid | -67.62K | -128.48K | -225.94K | |||
| Long-Term Debt Repaid | -27.37K | -62.99K | -57.39K | -6.63K | ||
| Total Debt Repaid | -94.99K | -191.47K | -283.33K | -6.63K | ||
| Net Debt Issued (Repaid) | 1.29M | 931.51K | -89.77K | -6.63K | 239.59K | |
| Issuance of Common Stock | 1.84M | 1.82M | 168.00K | 572.91K | 725.05K | 525.00K |
| Financing Cash Flow | 1.84M | 3.11M | 1.10M | 483.14K | 718.42K | 764.60K |
| Net Cash Flow | 923.27K | 1.54M | 15.22K | -158.03K | 178.39K | -305.35K |
| Free Cash Flow | -756.22K | -1.55M | -1.08M | -806.16K | -540.04K | -1.07M |
| Free Cash Flow Margin | -25.85% | -54.01% | -36.27% | -21.19% | -13.37% | -23.10% |
| Free Cash Flow Per Share | -9.89 | -38.45 | ||||
| Levered Free Cash Flow | -461.60K | -814.82K | -1.38M | -243.39K | -194.44K | -562.14K |
| Unlevered Free Cash Flow | -796.96K | -1.55M | -1.36M | -239.36K | -192.46K | -562.14K |
| Cash Interest Paid | 73.00 | 30.59K | 6.45K | 131.00 | ||
| Change in Working Capital | -67.46K | -297.27K | -141.71K | 241.58K | 209.90K | -550.29K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 878.56K | 2.93M | 3.14M | 2.23M | 5.15M | 14.50M |
| Enterprise Value | -235.08K | 2.40M | 3.17M | 2.63M | 5.07M | 14.66M |
| Last Close Price | 1.60 | 33.30 | 304.20 | 331.20 | 1,069.20 | 3,483.00 |
| PS Ratio | 0.30 | 1.02 | 1.05 | 0.59 | 1.28 | 3.13 |
| PB Ratio | 0.02 | 0.41 | 0.70 | 0.58 | 0.76 | 2.26 |
| P/TBV Ratio | 0.94 | 2.27 | ||||
| EV/Sales Ratio | 0.83 | 1.06 | 0.69 | 1.25 | 3.16 | |
| Debt / Equity Ratio | 0.02 | 0.02 | 0.06 | 0.08 | 0.06 | 0.09 |
| Net Debt / Equity Ratio | -0.16 | -0.21 | 0.04 | 0.06 | 0.02 | 0.08 |
| Net Debt / EBITDA Ratio | 1.56 | -0.06 | -0.13 | |||
| Net Debt / FCF Ratio | 1.47 | 0.96 | -0.15 | -0.27 | -0.23 | -0.46 |
| Asset Turnover | 0.41 | 0.40 | 0.47 | 0.49 | 0.44 | 0.47 |
| Inventory Turnover | 4.82 | |||||
| Quick Ratio | 1.97 | 2.63 | 0.26 | 0.17 | 0.25 | 0.23 |
| Current Ratio | 2.19 | 2.72 | 0.27 | 0.19 | 0.38 | 0.33 |
| Return on Equity (ROE) | -38.06% | -76.34% | -27.24% | -74.90% | -28.03% | -62.85% |
| Return on Assets (ROA) | -5.12% | -8.41% | -12.47% | -11.68% | -14.45% | -24.14% |
| Return on Capital Employed (ROCE) | -8.50% | -13.40% | -27.90% | -36.80% | -30.70% | -55.80% |
| Earnings Yield | -1,926.99% | -151.78% | -36.16% | -178.69% | -35.86% | -26.31% |
| FCF Yield | -86.08% | -53.08% | -34.51% | -36.18% | -10.48% | -7.38% |