SCWorx Corp. (WORX) Balance Sheet

OTC Pink: WORXAssets, liabilities, debt and equity over 10 years.

WORX balance sheet, 2025

December 31, 2025 · U.S. dollars

$7.9M assets = $743,596 liabilities + $7.2M equity

Both columns are drawn to the same scale: what WORX owns equals what it owes plus shareholders’ equity. Hover a block for its value.

WORX financial health

Current ratio2.72

Comfortable · current assets cover current liabilities 2.72×

Debt / equity0.00

Low leverage · $0.00 of debt for each $1 of equity

Equity / assets90.6%

Equity-funded · of assets funded by shareholders

Cash / debt106,851.1%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles74.2%

Mostly intangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

WORX balance sheet trends, 2016–2025

SCWorx Corp. balance sheet trends
Metric	Then	Latest	Change
Total assets	$14.0M2016	$7.9M2025	−6.2%/yr
Total liabilities	$284,3612016	$743,5962025	+11.3%/yr
Shareholders’ equity	$13.7M2016	$7.2M2025	−7.0%/yr
Cash & short-term investments	$4.7M2016	$1.6M2025	−11.0%/yr
Total debt	$553,8012016	$1,5392025	−48.0%/yr
Net cash (debt)	$4.1M2016	$1.6M2025	−$2.5M
Working capital	$4.5M2016	$1.3M2025	−$3.3M
Book value per share	$16.582019	$14.752025	−1.9%/yr
Current ratio	16.962016	2.722025	−14.24
Debt / equity	0.042016	0.002025	−0.04
Shares outstanding	418K2019	485K2025	+2.5%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

WORX assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

WORX liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

WORX debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

WORX balance sheet

SCWorx Corp. annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	$1.6M	$106,654	$91,436	$249,462	$71,075	$376,425	$487,953	$30,011	$348,197	$4.7M
Cash & equivalents	$1.6M	$106,654	$91,436	$249,462	$71,075	$376,425	$487,953	$30,011	$348,197	$4.7M
Short-term investments	—	—	—	—	—	—	—	$67,000	—	—
Receivables	$313,350	$372,716	$304,813	$336,033	$464,851	$722,159	$799,246	$32,181	$347,492	$8,450
Inventory	$0	$0	$0	$0	$156,600	$998,440	$0	$5.4M	$0	$0
Other current assets	$65,627	$24,008	$39,533	$295,180	$63,942	$87,627	$11,160	$200,000	$0	$134,852
Total current assets	$2.0M	$503,378	$435,782	$880,675	$756,468	$2.2M	$1.3M	$5.7M	$645,234	$4.8M
Property, plant & equipment (net)	$10,220	$0	$0	$0	$0	$76,156	$105,199	$0	$259,463	$122,312
Goodwill & intangible assets	$5.9M	$5.8M	$5.8M	$8.4M	$8.4M	$8.4M	$8.6M	$0	$8.9M	$9.1M
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$0	$0	$0	$0	$0	$0	$17,561	$0	$0	$0
Total assets	$7.9M	$6.3M	$6.3M	$9.2M	$9.1M	$10.6M	$10.0M	$5.7M	$9.8M	$14.0M
Liabilities
Accounts payable	$433,469	$1.2M	$1.7M	$1.4M	$1.4M	$1.7M	$2.0M	$855,759	$843,554	$284,361
Short-term debt	$1,539	$27,369	—	$125,000	$100,000	$475,000	$2.0M	$1.4M	$300,000	$0
Deferred revenue	$158,750	$354,083	—	$579,833	$472,750	$2.0M	$1.1M	$816,714	$56,738	—
Total current liabilities	$743,596	$1.8M	$2.3M	$2.3M	$2.3M	$4.6M	$3.1M	$8.6M	$1.6M	$284,361
Long-term debt	$0	$19,660	$90,359	$147,749	$433,567	$293,972	$0	$1.6M	$835,645	$553,801
Other long-term liabilities	$0	$0	$0	$0	$0	$0	$1.1M	$0	$0	$0
Total liabilities	$743,596	$1.9M	$2.4M	$2.5M	$2.7M	$4.9M	$3.1M	$8.6M	$1.6M	$284,361
Shareholders' equity
Common stock & paid-in capital	$15,826	$1,859	—	$13,011	$11,293	$9,896	$7,391	$921	$12,663	$9,022
Retained earnings (deficit)	−$35.4M	−$31.0M	−$29.8M	−$25.9M	−$24.0M	−$20.2M	−$12.8M	−$31.3M	−$16.5M	−$4.5M
Accumulated other comprehensive income	—	$0	—	$600,000	$600,000	—	—	−$5.5M	−$162,533	−$12,950
Total shareholders' equity	$7.2M	$4.5M	$3.9M	$6.8M	$6.4M	$5.7M	$6.9M	−$2.9M	$8.1M	$13.7M
Key figures
Total debt	$1,539	$47,029	$90,359	$147,749	$433,567	$768,972	$11,065	$1.4M	$300,000	$553,801
Net cash (debt)	$1.6M	$59,625	$1,077	$101,713	−$362,492	−$392,547	$476,888	−$1.4M	$48,197	$4.1M
Working capital	$1.3M	−$1.3M	−$1.9M	−$1.4M	−$1.5M	−$2.4M	−$1.8M	−$2.9M	−$951,672	$4.5M
Tangible book value	$1.3M	−$1.4M	−$2.0M	−$1.6M	−$2.0M	−$2.6M	−$1.6M	−$2.9M	−$716,152	$4.7M
Book value per share	$14.75	—	—	—	—	$9.50	$16.58	—	—	—
Shares outstanding	485K	—	—	—	—	604K	418K	—	—	—
Current ratio	2.72	0.27	0.19	0.38	0.33	0.47	0.42	0.66	0.40	16.96
Quick ratio	2.63	0.26	0.17	0.25	0.23	0.24	0.42	0.01	0.44	16.48
Debt / equity	0.00	0.01	0.02	0.02	0.07	0.13	0.00	—	0.04	0.04
Equity / assets	90.6%	70.7%	61.4%	73.3%	70.2%	54.0%	69.3%	−51.3%	83.4%	98.0%

SCWorx Corp. quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	$1.3M	$1.3M	$1.6M	$684,295	$340,209	$1.1M	$106,654	$87,666	$91,436	$39,601	$91,436	$72,429
Cash & equivalents	$1.3M	$1.3M	$1.6M	$684,295	$340,209	$1.1M	$106,654	$87,666	$91,436	$39,601	$91,436	$72,429
Receivables	$261,758	$314,550	$313,350	$611,716	$412,216	$175,233	$372,716	$546,916	$304,813	$391,079	$304,813	$322,683
Inventory	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other current assets	$173,743	$182,863	$65,627	$37,305	$51,075	$66,825	$24,008	$45,383	$39,533	$70,133	$39,533	$55,033
Total current assets	$1.7M	$1.8M	$2.0M	$1.3M	$803,500	$1.3M	$503,378	$679,965	$435,782	$500,813	$435,782	$450,145
Property, plant & equipment (net)	$8,449	$9,335	$10,220	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill & intangible assets	$6.0M	$5.9M	$5.9M	$5.8M	$5.8M	$5.8M	$5.8M	$5.8M	$5.8M	$5.8M	$5.8M	$8.4M
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total assets	$7.7M	$7.8M	$7.9M	$7.2M	$6.6M	$7.2M	$6.3M	$6.5M	$6.3M	$6.3M	$6.3M	$8.8M
Liabilities
Accounts payable	$427,669	$419,566	$433,469	$608,920	$774,667	$941,499	$1.2M	$1.6M	$1.7M	$1.9M	$1.7M	$1.8M
Short-term debt	—	—	$1,539	$732	$43,885	$64,086	$27,369	$41,949	$217,460	—	—	$253,028
Deferred revenue	$198,125	$157,500	$158,750	$399,000	$219,250	$332,833	$354,083	$159,333	$378,583	—	—	$391,833
Total current liabilities	$775,632	$726,904	$743,596	$1.2M	$1.2M	$1.6M	$1.8M	$2.0M	$2.3M	$2.6M	$2.3M	$2.6M
Long-term debt	$0	$0	$0	$2,113	$7,947	$7,037	$19,660	$7,112	$0	$0	$90,359	$99,902
Other long-term liabilities	$0	$0	$0	$0	$0	$0	$0	$0	$90,359	$0	$0	$0
Total liabilities	$775,632	$726,904	$743,596	$1.2M	$1.2M	$1.6M	$1.9M	$2.0M	$2.4M	$2.6M	$2.4M	$2.7M
Shareholders' equity
Common stock & paid-in capital	$89	$1,067	$15,826	$11,653	$6,420	$2,105	$1,859	$1,599	$1,232	—	—	$17,907
Retained earnings (deficit)	−$35.7M	−$35.6M	−$35.4M	−$34.7M	−$33.4M	−$31.5M	−$31.0M	−$30.8M	−$29.8M	−$30.0M	−$29.8M	−$27.3M
Accumulated other comprehensive income	—	—	—	$38,171	—	—	—	−$40	$0	—	—	−$40
Total shareholders' equity	$6.9M	$7.0M	$7.2M	$6.0M	$5.5M	$5.6M	$4.5M	$4.5M	$3.9M	$3.7M	$3.9M	$6.2M
Key figures
Total debt	—	—	$1,539	$2,845	$51,832	$71,123	$47,029	$49,061	$90,359	—	$90,359	$99,902
Net cash (debt)	—	—	$1.6M	$681,450	$288,377	$1.0M	$59,625	$38,605	$1,077	—	$1,077	−$27,473
Working capital	$923,347	$1.1M	$1.3M	$157,010	−$384,140	−$241,404	−$1.3M	−$1.4M	−$1.9M	−$2.1M	−$1.9M	−$2.1M
Tangible book value	$931,796	$1.1M	$1.3M	$154,897	−$392,087	−$248,441	−$1.4M	−$1.4M	−$2.0M	−$2.1M	−$2.0M	−$2.2M
Book value per share	—	$6.64	$14.75	$10.59	$19.60	$43.58	—	—	—	$2.95	$3.13	—
Shares outstanding	—	1.1M	485K	566K	278K	128K	—	—	—	1.3M	1.2M	—
Current ratio	2.19	2.53	2.72	1.13	0.68	0.84	0.27	0.33	0.19	0.19	0.19	0.18
Quick ratio	1.97	2.28	2.63	1.10	0.63	0.80	0.26	0.31	0.17	0.16	0.17	0.15
Debt / equity	—	—	0.00	0.00	0.01	0.01	0.01	0.01	0.02	—	0.02	0.02
Equity / assets	89.9%	90.7%	90.6%	83.6%	82.0%	78.2%	70.7%	68.8%	61.4%	58.4%	61.4%	69.9%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 31, 2026); data from EODHD.

WORX financial position

At the end of fiscal 2025 (December 31, 2025), SCWorx had total assets of $7.9 million (up 24.4% from a year earlier), total liabilities of $0.7 million and shareholders' equity of $7.2 million. It held $1.6 million in cash and short-term investments against $0.0 million of debt, a net cash position of $1.6 million. Its current ratio was 2.72. In the latest quarter (ended June 30, 2026) total assets were $7.7 million and equity $6.9 million.

Related: WORX income statement, WORX cash flow statement, WORX key metrics. See the WORX stock overview for the latest quote and news.

WORX balance sheet FAQ

What are SCWorx's total assets?

SCWorx reported total assets of $7.9 million at the end of fiscal 2025 (December 31, 2025), compared with $6.3 million a year earlier.

How much debt does SCWorx have?

SCWorx had $0.0 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.00.

How much cash does SCWorx have?

SCWorx held $1.6 million in cash and short-term investments at the end of fiscal 2025; with $0.0 million of debt that is net cash of $1.6 million.

What is SCWorx's book value?

SCWorx's shareholders' equity (book value) was $7.2 million at the end of fiscal 2025, or $14.75 per share.

What is SCWorx's current ratio?

SCWorx had current assets of $2.0 million and current liabilities of $0.7 million, a current ratio of 2.72 (it can cover its short-term obligations).

How much goodwill does SCWorx have?

SCWorx carried $5.9 million of goodwill and intangible assets, 74.2% of total assets, at the end of fiscal 2025.