---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-018318"
form_type: "8-K"
ticker: "MDWK"
cik: "0001295514"
company_name: "MDWerks, Inc."
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T19:33:30.514863+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MDwerks to restate 2022 financials after omitted bank account; material weakness found

## Summary
- Auditor M&K notified MDwerks that 2022 financials should be restated and no longer relied upon.
- A bank account was omitted from the 10-K, causing understatement of expenses and cash balance.
- Errors had a material impact; company will file amended 10-K with restated financials.
- Material weakness in internal controls and ineffective disclosure controls as of Dec 31, 2022.

## SEC filing metadata
- accession: 0001493152-23-018318
- form_type: 8-K
- ticker: MDWK
- cik: 0001295514
- company_name: MDWerks, Inc.
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1295514/000149315223018318/0001493152-23-018318-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1295514/000149315223018318/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-018318
- JSON: https://secwatch.observer/filing/0001493152-23-018318.json
- Plain text: https://secwatch.observer/filing/0001493152-23-018318.txt

## Key facts
- Auditor Changes
  MDWerks, Inc. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: M&K CPAS, PLLC
  source text: On May 15, 2023, M&K CPAS, PLLC, the Company’s independent registered public accounting firm (“M&K”), notified the Company that the Company’s balance sheet as of December 31, 2022, and the related statements of operations, statement of changes in stockholders’ equity (deficit), and cash flows (the “2022 Financial Statements”) included in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the “SEC”) on March 27, 2023 (the “10-K”) should be restated and should no longer be relied upon.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1295514/000149315223018318/0001493152-23-018318-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.