Company: MKDWW
Filing Date: 2025-03-13
Form Type: 424B4
Source: 0001493152-25-010187
Chunk: 173

Company: MKDWELL Tech Inc.
Filing Date: 2025-03-13
Form: 424B4
Chunk 173
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35,838 |
| Total                            |     | $                             | 2,097,372 |     | $    | 811,041 |

Advance from customers consists of payments received related to unsatisfied performance obligations at the end of the period. The advance from customers amounted to US$ 304,489and US$ 303,898as of December 31, 2023 and June 30, 2024, respectively.

SCHEDULE OF CURRENCY EXCHANGE RATES

| F-9 |

MKDWELL TECH INC.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(In U.S. dollars, except share and per share data)

4. ACCOUNTS RECEIVABLE, NET

Accounts receivable, net consisted of the following:

SCHEDULE OF ACCOUNTS RECEIVABLE

|                              |     | December 
 31,      
 2023     |         |   |     | June       
 30,        
 2024       |         |   |
|:-----------------------------|:----|:---------|--------:|:--|:----|:-----------|--------:|:--|
|                              |     | As       
 of       |         |   |     |            |         |   |
|                              |     | December 
 31,      
 2023     |         |   |     | June       
 30,        
 2024       |         |   |
|                              |     |          |         |   |     | -Unaudited |         |   |
| Accounts and Note receivable |     | $        | 601,115 |   |     | $          | 430,528 |   |
| Less: allowance for credit   
 loss                         |     |          | (39,057 | ) |     |            | (39,911 | ) |
| Total                        |     | $        | 562,058 |   |     | $          | 390,617 |   |

The credit loss for accounts receivable were niland US$ 1,781for the six months ended June 30, 2023 and 2024, respectively. The Company reversed US$ 4,298and nilof allowance for credit loss due to the collection of accounts receivables for the six months ended June 30, 2023 and 2024, respectively. Nocredit loss provision was written off for the six months ended June 30, 2023 and 2024