Company: MKDWW
Filing Date: 2025-03-13
Form Type: 424B4
Source: 0001493152-25-010187
Chunk: 203

Company: MKDWELL Tech Inc.
Filing Date: 2025-03-13
Form: 424B4
Chunk 203
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 31, 2022 and 2023, respectively. The company reversed niland US$ 165,288of allowance for credit loss due to the collection of accounts receivables for the years ended December 31, 2022 and 2023, respectively. Nocredit loss provision was written off for the years ended December 31, 2022 and 2023, respectively.

5. INVENTORIES, NET

Inventories, net consisted of the following:

SCHEDULE OF INVENTORIES

|                      |     | As of December 31, 
 2022               |     2022 |   |     | 2023 |     2023 |   |
|:---------------------|:----|:-------------------|---------:|:--|:----|:-----|---------:|:--|
| Finished goods       |     | $                  |   16,327 |   |     | $    |  142,183 |   |
| Work in progress     |     |                    |   93,349 |   |     |      |  191,569 |   |
| Raw materials        |     |                    |  432,231 |   |     |      |  183,149 |   |
| Inventory write down |     |                    | (310,159 | ) |     |      | (153,938 | ) |
| Total                |     | $                  |  231,748 |   |     | $    |  362,963 |   |

The write-down made for inventories were US$ 310,159and US$ 153,938for the years ended December 31, 2022 and 2023, respectively.

6. PREPAID EXPENSES AND OTHER CURRENT ASSETS, NET

Prepayments and other current assets, net consisted of the following:

SCHEDULE OF PREPAYMENT AND OTHER CURRENT ASSETS

|                          |     | As of December 31, 
 2022               |    2022 |     | 2023 |    2023 |
|:-------------------------|:----|:-------------------|--------:|:----|:-----|--------:|
| Loan to a third party(1) |     | $                  |       - |     | $    | 581,229 |
| Deductible input VAT     |     |                    | 103,753 |     |      | 225,735 |