Scworx Corp. income statement
In fiscal 2025, Scworx Corp. reported revenue of $2.9m, down 3.7% on the year before, operating income of −$958,719 (a -33.3% margin) and net income of −$4.4m, or −$0.61 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 0 | 3 | 6 | 5 | 5 | 4 | 4 | 3 | 3 | 3 |
| Cost of revenue | 0 | 3 | 3 | 4 | — | — | 3 | 3 | 2 | 2 | 2 |
| Gross profit | 0 | 2 | 1 | 1 | — | — | 1 | 1 | 1 | 1 | 1 |
| General and administrative | 4 | 2 | 1 | 13 | 8 | 6 | 1 | 1 | 1 | 1 | 1 |
| Operating income | −5 | −3 | −0 | −12 | −6 | −4 | −2 | −1 | −1 | −1 | −1 |
| Interest expense | — | 0 | 0 | 0 | — | — | — | 0 | 0 | 3 | 1 |
| Income before tax | −5 | −3 | −0 | −11 | −7 | −4 | −2 | −4 | −1 | −4 | −2 |
| Income tax | −1 | 0 | 0 | — | — | — | — | — | — | — | — |
| Net income | −4 | −12 | −0 | −11 | −7 | −4 | −2 | −4 | −1 | −4 | −2 |
| Diluted EPS | −$0.07 | −$3.36 | −$0.02 | −$0.36 | −$0.16 | −$0.07 | −$0.46 | −$0.77 | −$0.16 | −$0.61 | — |
| Diluted shares (average) | 4m | 4m | 1m | 2m | 3m | 4m | 4m | 5m | 7m | 7m | — |
| EBITDA | −5 | −3 | −0 | −12 | −6 | −4 | — | — | — | −1 | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 760 | 676 | 720 | 683 | 706 | 769 | 745 | 706 |
| Cost of revenue | 627 | 517 | 583 | 502 | 454 | 418 | 371 | 376 |
| Gross profit | 133 | 158 | 137 | 180 | 252 | 350 | 374 | 330 |
| General and administrative | 197 | 226 | 183 | 207 | 198 | 265 | 210 | 187 |
| Operating income | −393 | −380 | −334 | −294 | −139 | −192 | −136 | −121 |
| Interest expense | 31 | 42 | 142 | 1,534 | 1,174 | 135 | 38 | 0 |
| Income before tax | −425 | −195 | −476 | −1,906 | −1,313 | −749 | −174 | −121 |
| Net income | −425 | −195 | −476 | −1,906 | −1,313 | −749 | −174 | −121 |
| Diluted EPS | −$0.14 | −$0.04 | −$1.85 | −$41.13 | −$27.00 | $0.15 | −$1.92 | −$1.35 |
| EBITDA | — | — | — | — | — | — | −135 | −120 |
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