SCWorx (WORX)

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SCWorx (WORX) - 2023 Q3 - Quarterly Report
2023-11-14 20:55
Revenue Performance - Revenue for the three months ended September 30, 2023 was $906,099, a decrease of 8.2% from $986,949 in the same period of 2022[143] - Revenue for the nine months ended September 30, 2023 was $2,894,647, a decrease of 3.8% from $3,010,322 in the same period of 2022[149] Cost of Revenues - Cost of revenues decreased to $666,808 for the three months ended September 30, 2023, down 3.8% from $693,353 in the prior year[144] - Cost of revenues for the nine months ended September 30, 2023 was $1,972,300, down 2.1% from $2,014,537 in the prior year[150] General and Administrative Expenses - General and administrative expenses increased by $264,558 to $1,097,273 for the three months ended September 30, 2023, primarily due to a one-time legal judgment of $461,856[145] - General and administrative expenses decreased by $536,199 to $2,328,209 for the nine months ended September 30, 2023, mainly due to decreases in stock-based compensation and other expenses[151] Net Loss - Net loss for the three months ended September 30, 2023 was $858,258, compared to a net loss of $399,523 for the same period in 2022, representing a 114.8% increase in losses[147] - Net loss for the nine months ended September 30, 2023 was $1,412,070, an improvement of 11.1% compared to a net loss of $1,589,432 for the same period in 2022[153] Cash Flow from Operating Activities - Net cash used in operating activities was $701,282 for the nine months ended September 30, 2023, compared to $434,399 in the prior year[155] - Cash used in operating activities was approximately $701,000 for the nine months ended September 30, 2023, primarily due to a net loss of approximately $1,412,000[156] - Cash used in operating activities for the nine months ended September 30, 2022, was approximately $434,000, with a net loss of approximately $1,589,000[157] Cash Flow from Financing Activities - Cash provided by financing activities was approximately $524,000 for the nine months ended September 30, 2023, including proceeds from the sale of common stock of approximately $573,000[159] - Cash provided by financing activities for the nine months ended September 30, 2022, was $725,050, consisting of net proceeds from a common stock placement[161] Other Financial Information - There were no investing activities reported for the nine months ended September 30, 2023, and 2022[158] - As of September 30, 2023, and December 31, 2022, the company did not have any off-balance sheet arrangements[162] - The company is classified as a smaller reporting company and is not required to provide certain market risk disclosures[163] Impact of COVID-19 - The company experienced disruptions in operations and customer acquisition due to the COVID-19 pandemic, impacting growth prospects[140]
SCWorx (WORX) - 2023 Q2 - Quarterly Report
2023-08-14 18:23
FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-37899 SCWORX CORP. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporati ...
SCWorx (WORX) - 2023 Q1 - Quarterly Report
2023-05-15 19:46
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-37899 SCWORX CORP. (Exact name of registrant as specified in its charter) Delaware 47-5412331 (State or other jurisd ...
SCWorx (WORX) - 2022 Q4 - Annual Report
2023-04-17 18:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-37899 SCWORX CORP. (Exact Name of Registrant as Specified in Its Charter) | Delaware | 47-5412331 | | --- | --- | | (State or Other Jurisdiction of | (I.R.S. Employer | | Incorpor ...
SCWorx (WORX) - 2022 Q3 - Quarterly Report
2022-11-14 20:18
SCWORX CORP. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commissio ...
SCWorx (WORX) - 2022 Q2 - Quarterly Report
2022-08-15 17:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-37899 SCWORX CORP. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Emp ...
SCWorx (WORX) - 2022 Q1 - Quarterly Report
2022-05-13 21:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-37899 SCWORX CORP. (Exact name of registrant as specified in its charter) Delaware 47-5412331 (State or other jurisd ...
SCWorx (WORX) - 2021 Q4 - Annual Report
2022-03-31 19:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-37899 SCWORX CORP. (Exact Name of Registrant as Specified in Its Charter) | Delaware | 47-5412331 | | --- | --- | | (State or Other Jurisdiction of | (I.R.S. Employer | | Incorpor ...
SCWorx (WORX) - 2021 Q3 - Quarterly Report
2021-11-15 17:17
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (State or other jurisdiction of incorporation or organization) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware 47-5412331 For the quarterly period ended September 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-37899 SCWORX CORP. (Exact nam ...
SCWorx (WORX) - 2021 Q2 - Quarterly Report
2021-08-13 22:09
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Commission File Number: 001-37899 SCWORX CORP. (Exact name of registrant as specified in its charter) Delaware 47-5412331 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES ...