10-Q · May 15, 2026
In the latest 10-Q filing, SCWorx reported a revenue of $744,899 for Q1 2026, marking a minor increase of $24,600 (3.4%) compared to Q1 2025's $720,299. Notably, the net loss significantly improved by $302,536,…
Earnings analysis · 10-Q
WORX earnings analysis
Filed August 14, 2026 · Our reading of the company's report
The latest report
The provided 10-Q excerpt does not include the income statement, balance sheet, cash flow statement, segment disclosures, or quantitative guidance, so financial trend metrics cannot be assessed from the filing text…
Read full summary
The provided 10-Q excerpt does not include the income statement, balance sheet, cash flow statement, segment disclosures, or quantitative guidance, so financial trend metrics cannot be assessed from the filing text supplied. The most material disclosure is management’s conclusion that disclosure controls were ineffective as of June 30, 2026 due to control-design deficiencies and lack of segregation of duties. The company reported no pending or threatened litigation and no previously undisclosed unregistered equity sales during the six months ended June 30, 2026.
What stood out
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No pending litigation reported
The company reported no pending or threatened litigation as of the filing date, stating that the number of such matters was 0.
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No undisclosed equity sales
The company reported 0 unregistered equity securities sales during the six months ended June 30, 2026 that had not previously been disclosed on Form 8-K.
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Corporate charter amended
The filing included an amended certificate of incorporation dated July 28, 2026 as Exhibit 3.1.
What to watch
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Disclosure controls ineffective
Management concluded that disclosure controls were not effective as of June 30, 2026 because of deficiencies in control design and a lack of segregation of duties.
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Timeliness of reporting at risk
The filing states that disclosure controls did not ensure required information was recorded, processed, summarized, reported, accumulated, and communicated within the SEC’s required time periods as of June 30, 2026.
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Limited risk-factor disclosure
The company did not provide a substantive Item 1A risk-factor update because it is a smaller reporting company, so the filing contains 0 detailed risk-factor changes versus the prior report.
Management's outlook
The provided 10-Q excerpt contains no quantitative revenue or EPS outlook, and no forward guidance was disclosed.
Earlier filings 1
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.