Company: MKDWW
Filing Date: 2025-03-13
Form Type: 424B4
Source: 0001493152-25-010187
Chunk: 209

Company: MKDWELL Tech Inc.
Filing Date: 2025-03-13
Form: 424B4
Chunk 209
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, 2022 and 2023, respectively. The maturity 
 dates of the bank borrowings were from April 2024 to December 2027.                                                                     |

As of December 31, 2023, the Company’s long-term bank borrowings will be due according to the following schedule:

SCHEDULE OF LONG TERM BORROWINGS

| For the fiscal years ended December 31, |     | Amount |           |
|:----------------------------------------|:----|:-------|----------:|
| 2024                                    |     | $      |   596,335 |
| 2025                                    |     |        |   704,444 |
| 2026                                    |     |        |   915,777 |
| 2027                                    |     |        |   809,244 |
| 2028 and thereafter                     |     |        |         - |
| Total long-term bank borrowings         |     | $      | 3,025,800 |

| F-38 |

MKDWELL TECH INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

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

12. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

ACCRUED EXPENSES AND OTHER LIABILITIES

Accrued expenses and other current liabilities consisted of the following:

SCHEDULE OF ACCRUED EXPENSES AND OTHER LIABILITIES

|                                              |     | As of December 31, 
 2022               |      2022 |     | 2023 |      2023 |
|:---------------------------------------------|:----|:-------------------|----------:|:----|:-----|----------:|
| Equipment purchase payable                   |     | $                  | 1,027,996 |     | $    |   987,811 |
| Long-term payments of leaseback, current (1) |     |                    |   366,753 |     |      |   307,694 |
| Advance from customer                        |     |                    |   189,192 |     |      |   304,488 |
| Payroll and welfare payable                  |     |                    |   175,626 |     |      |   173,925 |
| Interest payable                             |     |                    |   165,821 |     |      |   161,043 |
| Long-term payable, current portion (2)       |     |                    |    15,