WORX on OTC

SCWorx Corp.

Company’s current name1

In its 2026 annual report the company says: “The SCWorx software normalizes, automates and builds interoperability via advanced attribution, vendor and contract mapping, product categorization, repairing the unit of measure and establishing revenue codes and flags.”3 It is headquartered in Middleton, Massachusetts.1

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Last updated Oct 21, 2026.

Overview

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  • TickerWORX on OTC1
  • IndustryServices-Computer Processing & Data Preparation1
  • HeadquartersMiddleton, Massachusetts1
  • Incorporated inDE2
  • Business address35 Village Rd, Suite 100, Middleton, Ma 019492
  • Filer categoryNon-accelerated filer, Smaller reporting company2
  • Legal formCorporation

Alliance’s name to SCWorx Corp., which is the Company’s current name, with SCW FL Corp. becoming the Company’s subsidiary.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

32.0%Gross margin4
-33.3%Operating margin4
-154.4%Net margin4
-3.7%Revenue growth, 20254
-62.1%Return on equity4

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue68¢$2.0M
  • Other costs32¢$919.7K

Out of $2.9M in revenue.4 The company lost money this year.

Financial statements

Revenue56784$2.9M in 2025−48% since 2019
0$2.0M$4.0M$6.0M2019: $5.5M$5.5M20192020: $5.2M$5.2M2020−6%2021: $4.6M$4.6M2021−11%2022: $4.0M$4.0M2022−13%2023: $3.8M$3.8M2023−6%2024: $3.0M$3.0M2024−21%2025: $2.9M$2.9M2025−4%
Gross profit984$919.7K in 2025−35% since 2022
0$500.0K$1.0M$1.5M2022: $1.4M$1.4M20222023: $1.3M$1.3M2023−10%2024: $746.0K$746.0K2024−41%2025: $919.7K$919.7K2025+23%
Operating income567984-$958.7K in 2025−92% since 2019
-$15.0M-$10.0M-$5.0M02019: -$11.9M-$11.9M20192020: -$6.0M-$6.0M2020−49%2021: -$3.8M-$3.8M2021−37%2022: -$2.1M-$2.1M2022−44%2023: -$1.5M-$1.5M2023−32%2024: -$1.3M-$1.3M2024−13%2025: -$958.7K-$958.7K2025−24%
Net income567984-$4.4M in 2025−61% since 2019
-$15.0M-$10.0M-$5.0M02019: -$11.3M-$11.3M20192020: -$7.4M-$7.4M2020−35%2021: -$3.8M-$3.8M2021−48%2022: -$1.8M-$1.8M2022−52%2023: -$4.0M-$4.0M2023+115%2024: -$1.1M-$1.1M2024−71%2025: -$4.4M-$4.4M2025+291%

Every line of the income statement as filed: the last 2 fiscal years, latest first.4

Period ending2025-12-312024-12-31
Revenue$2.9M$3.0M
Cost of revenue$2.0M$2.2M
Gross profit$919.7K$746.0K
Legal and professional$511.0K$980.9K
Salaries and wages$513.7K$268.4K
General and administrative$853.3K$756.1K
Depreciation$404
Total operating expenses$1.9M$2.0M
Loss from operations-$958.7K-$1.3M
Interest expense-$3.0M-$104.2K
Warrant modification expense-$565.3K
Gain of forgiveness of accounts payable$143.6K$227.4K
Loss on shares issued for legal settlement-$78.1K
Total other (expense) income-$3.5M$123.2K
Net loss before income taxes-$4.4M-$1.1M
Net loss-$4.4M-$1.1M
Net loss per share, basic (in Dollars per share)-$0.61-$0.78
Net loss per share, diluted (in Dollars per share)-$0.61-$0.78
Weighted average common shares outstanding, basic (in Shares)7.3M shares1.5M shares
Weighted average common shares outstanding, diluted (in Shares)7.3M shares1.5M shares

Compare SCWorx Corp. with another company

Corporate structure

SCWorx Corp. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of SCWorx Corp.

  • SCWorx Corp. Middleton, Massachusetts

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What SCWorx Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$10.2K4 Dec 31, 2025$76.2K6 Dec 31, 2020−86.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$5.8M4 Dec 31, 2025$5.8M4 Dec 31, 20240%
Finite-lived intangibles, net$20.0K4 Dec 31, 2025$205.2K12 Dec 31, 2019−90.2%

Properties, in its own words

The Company does not own any real property. The principal executive offices are located at an office complex in Middleton, Massachusetts, consisting of shared office space that we are leasing. The lease is under a one year lease agreement. The lease allows for the use of a private office, conference rooms, mail handling, videoconferencing, and certain other business services.

We believe that our facilities are adequate for our current needs.

Item 2 of the 10-K filed Mar 31, 2026.3

Leadership

Who has led SCWorx Corp., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (17)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive Officer, DirectorTimonthy Hannibal named Sep 26, 202540

Former names

  • Alliance MMA, Inc.May 12, 2016 to Jan 30, 20192

Timeline

  1. Oct 5, 20268-K Entered a material agreement; Listing notice or transfer; Regulation FD disclosure41
  2. Sep 23, 20268-K Listing notice or transfer; Other events42
  3. Sep 22, 20268-K Entered a material agreement; Unregistered sale of shares43
  4. Sep 4, 20268-K Listing notice or transfer44
  5. Jul 30, 20268-K Bylaws or fiscal year changed45
  6. Jul 29, 20268-K Listing notice or transfer46
  7. Jul 29, 20268-K Other events47
  8. Jul 23, 20268-K Shareholder vote48
  9. Jun 23, 20268-K Other events49
  10. Apr 10, 20268-K Listing notice or transfer50
  11. Apr 7, 20268-K Other events51
  12. Dec 10, 20258-K Shareholder vote; Other events52
  13. Feb 12, 2019New chief executive Marc Sanford Schessel becomes CEO13
  14. Apr 19, 2018New chief executive Robert L. Mazzeo becomes CEO14
  15. Sep 28, 2016New chief executive Paul K. Danner becomes CEO15

Calendar

Coming up

  1. Nov 11, 2026Reports results for the quarter ending Sep/202653

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

122 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 49 major events, 13 insider forms, 10 large holders, 1 private raises, 29 other. The latest 20:

  1. Oct 5, 20268-K CURRENT REPORT EDGAR
  2. Sep 23, 2026SCHEDULE 13G EDGAR
  3. Sep 23, 20268-K CURRENT REPORT EDGAR
  4. Sep 22, 20268-K CURRENT REPORT EDGAR
  5. Sep 4, 20268-K CURRENT REPORT EDGAR
  6. Aug 14, 202610-Q QUARTERLY REPORT EDGAR
  7. Aug 12, 2026SCHEDULE 13G/A EDGAR
  8. Jul 30, 20268-K CURRENT REPORT EDGAR
  9. Jul 29, 20268-K CURRENT REPORT EDGAR
  10. Jul 29, 20268-K CURRENT REPORT EDGAR
  11. Jul 23, 20268-K CURRENT REPORT EDGAR
  12. Jun 23, 20268-K CURRENT REPORT EDGAR
  13. Jun 16, 2026DEFR14A REVISED DEFINITIVE PROXY STATEMENT EDGAR
  14. Jun 12, 2026DEF 14A DEFINITIVE PROXY STATEMENT EDGAR
  15. Jun 1, 2026PRE 14A PRELIMINARY PROXY STATEMENT EDGAR
  16. May 15, 202610-Q QUARTERLY REPORT EDGAR
  17. May 15, 2026SCHEDULE 13G/A EDGAR
  18. Apr 10, 20268-K CURRENT REPORT EDGAR
  19. Apr 7, 20268-K CURRENT REPORT EDGAR
  20. Mar 31, 202610-K ANNUAL REPORT EDGAR

The 122 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Timothy Hannibal57$252.3K$305.4K58
2025Chris Kohler45$111.5K58
2024PresidentChief Executive Officer and Director$250.0K$301.2K58
2024Chief Financial Officer$108.0K58

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Sep 17, 2025Raised $721,574 in a private offering of equity Form D: 4 investors so far Form D

SEC filer profile

How SCWorx Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSCWorx Corp.1
  • CIK0001674227
  • Employer ID (EIN)47-54123313
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company3
  • Incorporated inDelaware3
  • Fiscal year endsDecember 311
  • Industry code (SIC)7374 Services-Computer Processing & Data Preparation1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address35 Village Rd, Suite 100, Middleton, MA 019491
  • Phone21273978251
  • Shares outstanding89,789 as of Aug 14, 202611
  • Public float$2.7M as of Jun 30, 20253
  • AuditorAstra Audit & Advisory LLC, Tampa, Florida PCAOB ID 6920; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceMay 12, 20161
  • Filings354 in all: 8-K (132), 4 (46), 10-Q (30), 3 (23), 10-K (10), CORRESP (9), DEF 14A (9), PRE 14A (7)1
    All 40 form types

    UPLOAD (7), 8-K/A (6), NT 10-K (6), SC 13G (6), SCHEDULE 13G/A (6), EFFECT (5), NT 10-Q (5), SC 13G/A (5), 10-Q/A (4), 4/A (4), D (4), S-1 (4), 424B3 (2), 424B5 (2), DEFR14A (2), DRS/A (2), DRSLTR (2), S-1/A (2), 424B1 (1), 8-A12B (1), CERTNAS (1), D/A (1), DEFM14A (1), DRS (1), FWP (1), PREM14A (1), PRER14A (1), S-3 (1), S-3/A (1), S-8 (1), SC 13D (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Mar 31, 2026
    Quarterly report (10-Q) Aug 14, 2026
    Proxy statement (DEF 14A) Jun 12, 2026
    Latest 8-K (8-K) Oct 5, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, $0.001 par value per shareWORXNasdaq

From the cover page of the 10-K filed Mar 31, 2026 (Section 12(b) of the Exchange Act).3

Risk factors and legal proceedings

The risks SCWorx Corp. names in Item 1A of its 10-K filed Mar 31, 2026: 42 risks under these headings, as written.3

  • Risks Related to Our Financial Results and Financing Plans
  • We have a history of losses and may continue to incur losses in the future.
  • If we are unable to grow our revenue, we may never achieve or sustain profitability.
  • Risks Related to Our Business
  • There could be doubt about our ability to continue as a going concern.
  • We may need additional capital. If we are unable to obtain additional capital when required, we will not be able to implement our business strategy or successfully operate our business; however, additional financing will subject our existing stockholders to dilution.
  • A failure to successfully execute our growth strategy could adversely affect our business, financial condition, results of operations and prospects.
  • Our contracts may require us to perform extra or change order work, which can result in disputes and adversely affect our business, financial condition, results of operations and prospects.
  • We derive a significant portion of our revenue from a small number of customers and the loss of one of these customers, or a reduction in their demand for our services, could adversely affect our business, financial condition, results of operations and prospects.
  • Our failure to adequately expand our direct sales force will impede our growth.
  • If we are unable to attract and retain qualified executive officers and managers and consultants, we will be unable to operate efficiently, which could adversely affect our business, financial condition, results of operations and prospects.
  • Fines, judgments and other consequences resulting from our failure to comply with regulations or adverse outcomes in litigation proceedings could adversely affect our business, financial condition, results of operations and prospects.
The other 32 risks
  • If we are required to reclassify independent contractors as employees, we may incur additional costs and taxes which could adversely affect our business, financial condition, results of operations and prospects.
  • Our dependence on subcontractors and suppliers could increase our cost and impair our ability to complete contracts on a timely basis or at all.
  • Our insurance coverage may be inadequate to cover all significant risk exposures.
  • Risks Related to Our Industry
  • Our industry is highly competitive, with a variety of larger companies with greater resources competing with us, and our failure to compete effectively could reduce the number of new contracts awarded to us or adversely affect our market share and harm our financial performance.
  • Many of the customers we serve are subject to consolidation and rapid technological and regulatory change, and our inability or failure to adjust to our customers’ changing needs could reduce demand for our services.
  • Economic downturns could cause capital expenditures in the industries we serve to decrease, which may adversely affect our business, financial condition, results of operations and prospects.
  • Other Risks Relating to Our Company and Results of Operations
  • Our operating results may fluctuate due to factors that are difficult to forecast and not within our control.
  • Actual results could differ from the estimates and assumptions that we use to prepare our financial statements.
  • We exercise judgment in determining our provision for taxes in the United States that are subject to tax authority audit review that could result in additional tax liability and potential penalties that would negatively affect our net income.
  • Risks Related to our Common Stock
  • Our common stock price has fluctuated substantially, and the trading price of our common stock is likely to continue to be volatile, which could result in losses to investors and litigation.
  • The sale or availability for sale of substantial amounts of our common stock could adversely affect the market price of our common stock.
  • We may not be able to maintain the minimum $1.00 bid price per share of our Common Stock, as required by the Nasdaq Stock Market, which could force us to implement a reverse stock split of our Common Stock.
  • We have never paid cash dividends on our common stock and do not anticipate paying any cash dividends on our common stock.
  • If equity research analysts do not publish research or reports about our business, or if they issue unfavorable commentary or downgrade our common stock, the market price of our common stock will likely decline.
  • A failure by us to establish and maintain effective internal control over financial reporting could have a material adverse effect on our business and operating results.
  • Complying with the laws and regulations affecting public companies will increase our costs and the demands on management and could harm our operating results.
  • If we do not manage our planned growth effectively, our revenue, business and operating results may be harmed.
  • We may explore acquiring additional companies and such acquisitions may subject us to additional unknown risks.
  • The value of our goodwill and other intangible assets may decline.
  • Any future acquisitions may result in potentially dilutive issuances of equity securities, the incurrence of indebtedness and increased amortization expense.
  • We may become involved in litigation which could harm the value of our business.
  • Economic uncertainty impacts our business and financial results, and a renewed recession could materially affect us in the future.
  • We depend on the services of key executives and consultants, and the loss of these persons could materially harm our business and our strategic direction if we were unable to replace them with persons of equal experience and capabilities.
  • Our common stock may be affected by limited trading volume and price fluctuations, which could adversely impact the value of our common stock and our ability to grow our business.
  • Our stock price has been volatile.
  • Offers or availability for sale of a substantial number of shares of our common stock may cause the price of our common stock to decline.
  • We may be unable to establish, protect or enforce our intellectual property rights adequately.
  • Changes in laws, regulations and other requirements could adversely affect our business, results of operations or financial condition.
  • Disruptions in our information technology systems or security breaches of confidential customer information or personal employee information could have an adverse impact on our operations.
  • Our current insurance policies may not provide adequate levels of coverage against all claims, and we may incur losses that are not covered by our insurance.
  • We may be required to pay for the defense of our clients, officers, or directors in accordance with certain indemnification provisions.

Legal proceedings

In conducting our business, we may become involved in legal proceedings. We will accrue a liability for such matters when it is probable that a liability has been incurred and the amount can be reasonably estimated. When only a range of possible loss can be established, the most probable amount in the range is accrued. If no amount within this range is a better estimate than any other amount within the range, the minimum amount in the range is accrued. The accrual for a litigation loss contingency might include, for example, estimates of potential damages, outside legal fees and other directly related costs expected to be incurred.

The opening of Item 3, Legal Proceedings.3

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