Company: MKDWW
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001641172-25-002610
Chunk: 166

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: F-1
Chunk 166
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 Balance                                                                  |     |                  | 18,588,342 |   |     |         |      1,859 |   |     |              |       - |   |     |                    |  8,962,753 |   |     |                                 |  557,094 |   |     |             | (13,731,023 | ) |     |                      | (4,209,317 | ) |     |                 | (964,633 | ) |     |              | (5,173,950 | ) |

| * |     | The                                                                                          
 shares and per share information are presented on a retroactive basis to reflect the Reverse 
 Recapitalization (Note 1).                                                                   |

<div align='center'>The accompanying notes are an integral part of these consolidated financial statements.</div>

| F-5 |

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

CONSOLIDATED STATEMENTS OF CASH FLOWS

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

|                                                                             |     |                             2022 |            |   |     | 2023 |            |   |     | 2024 |            |   |
|                                                                             |     | For the years ended December 31, |            |   |     |      |            |   |     |      |            |   |
|                                                                             |     |                             2022 |            |   |     | 2023 |            |   |     | 2024 |            |   |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                       |     |                                  |            |   |     |      |            |   |     |      |            |   |
| Net loss                                                                    |     |                                $ | (1,217,086 | ) |     |    $ | (2,068,061 | ) |     |    $ | (3,156,995 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities: |     |                                  |            |   |     |      |            |   |     |      |            |   |
| Allowance (reversal) for credit loss                                        |     |                                  |    179,038 |   |     |      |   (165,288 | ) |     |      |      7,952 |   |
| Write-downs of inventories                                                  |     |                                  |    310,159 |