Company: MKDWW
Filing Date: 2025-01-23
Form Type: F-1
Source: 0001493152-25-003296
Chunk: 129

Company: MKDWELL Tech Inc.
Filing Date: 2025-01-23
Form: F-1
Chunk 129
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 December 31, 2022, compared to the years ended December 31, 2023

The following table sets forth a summary of our cash flows for the periods indicated:

|                                                  |     | For the years ended December 31, 
 2022                             
 US$                              |          |   |     | 2023 
 US$  |            |   |     | Change 
 Amount 
 US$    |            |   |     | % |        |    |
|:-------------------------------------------------|:----|:---------------------------------|---------:|:--|:----|:-----|-----------:|:--|:----|:-------|-----------:|:--|:----|:--|-------:|:---|
| Net cash used in operating activities            |     | $                                | (129,863 | ) |     | $    | (1,323,384 | ) |     | $      | (1,193,521 | ) |     |   |  919.1 | %  |
| Net cash used in investing activities            |     |                                  | (428,128 | ) |     |      | (1,297,701 | ) |     |        |   (869,573 | ) |     |   |  203.1 | %  |
| Net cash provided by financing activities        |     |                                  |  605,695 |   |     |      |  3,135,961 |   |     |        |  2,530,266 |   |     |   |  417.7 | %  |
| Effect of exchange rate changes                  |     |                                  | (124,134 | ) |     |      |     (7,456 | ) |     |        |    116,678 |   |     |   |  (94.0 | )% |
| Net change in cash and cash equivalents          |     |                                  |  (76,430 | ) |     |      |    507,420 |   |     |        |    583,850 |   |     |   | (763.9 | )% |
| Cash and cash equivalents, beginning of the year |     |                                  |  493,438 |   |     |      |    417,008 |   |     |        |    (76,430 | ) |     |   |  (15.5 | )% |
| Cash and