Company: MKDWW
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001641172-25-002610
Chunk: 188

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: F-1
Chunk 188
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2023 and 2024, respectively. No credit loss provision was written off for the years ended December 31, 2022, 2023 and 2024, respectively.

5. INVENTORIES, NET

Inventories, net consisted of the following:

SCHEDULE OF INVENTORIES

|                            |     | As of December 31, 
 2023               |     2023 |   |     | 2024 |     2024 |   |
|:---------------------------|:----|:-------------------|---------:|:--|:----|:-----|---------:|:--|
| Finished goods             |     | $                  |  142,183 |   |     | $    |   21,729 |   |
| Work in progress           |     |                    |  191,569 |   |     |      |  127,614 |   |
| Raw materials              |     |                    |  183,149 |   |     |      |  245,315 |   |
| Less: inventory write down |     |                    | (153,938 | ) |     |      | (103,629 | ) |
| Total                      |     | $                  |  362,963 |   |     | $    |  291,029 |   |

The write-down made for inventories were US$ 310,159, US$ 153,938 and US$ 103,629 for the years ended December 31, 2022, 2023 and 2024, 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, 
 2023               |    2023 |     | 2024 |    2024 |
|:---------------------|:----|:-------------------|--------:|:----|:-----|--------:|
| loans to third       
 parties (1)          |     | $                  | 581,229 |     | $    | 500,986 |
| Deductible input VAT |     |                    | 225,735 |     |      | 137,647 |
| Prepaid expense      |     |                    |  13,073 |     |      |  19,179 |
| Advance to