Company: MKDWW
Filing Date: 2025-04-15
Form Type: 424B3
Source: 0001641172-25-004780
Chunk: 193

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-15
Form: 424B3
Chunk 193
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-term bank borrowings          |     | $      | 2,938,161 |

| F-25 |

<div align='center'>MKDWELL TECH INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In U.S. dollars, except share and per share data)</div>

12. ACCRUED EXPENSES AND OTHER LIABILITIES

Accrued expenses and other liabilities consisted of the following:

SCHEDULE OF ACCRUED EXPENSES AND OTHER LIABILITIES

|                                    |     | As of December 31, |      2023 |     |   |      2024 |
|:-----------------------------------|:----|:-------------------|----------:|:----|:--|----------:|
| Long-term payments                 
 of leaseback, current (1)          |     | $                  |   307,694 |     | $ | 1,242,154 |
| Equipment purchase payable         
 (2)                                |     |                    |   987,811 |     |   |   839,220 |
| Service fee payable (3)            |     |                    |         - |     |   |   717,269 |
| Deferred underwriter commission    
 payable(4)                         |     |                    |         - |     |   |   662,500 |
| Tax payable (5)                    |     |                    |    27,545 |     |   |   402,564 |
| Advance from customer              |     |                    |   304,488 |     |   |   262,216 |
| Payroll and welfare payable        |     |                    |   173,925 |     |   |   196,234 |
| Interest payable                   |     |                    |   161,043 |     |   |   156,598 |
| Loan from third parties            
 (6)                                |     |                    |         - |     |   |   121,375 |
| Others                             |     |                    |    69,378 |     |   |    74,746 |
| Long-term payable, current portion |     |                    |     7,445 |     |   |         - |
| Total                              |     | $                  | 2,039,329 |     | $ | 4,674,876 |

| (1) | During                                                                                                                               
 the years ended December 31, 2022, 2023 and 2024