WORX on OTC

SCWorx Corp.

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

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Last updated Oct 19, 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

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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 revenueOther costs

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

Gross profit⁹⁸⁴$919.7K in 2025−35% since 2022

Operating income⁵⁶⁷⁹⁸⁴-$958.7K in 2025−92% since 2019

Net income⁵⁶⁷⁹⁸⁴-$4.4M in 2025−61% since 2019

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

Period ending	2025-12-31	2024-12-31
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 shares	1.5M shares
Weighted average common shares outstanding, diluted (in Shares)	7.3M shares	1.5M shares

Total assets⁵⁶⁷⁹⁸⁴$7.9M in 2025−21% since 2019

Total liabilities⁵⁶⁷⁹⁸⁴$743.6K in 2025−76% since 2019

Shareholders’ equity⁶⁷⁹⁸⁴$7.2M in 2025+3% since 2019

Cash⁶⁷⁹⁴$1.6M in 2025+237% since 2019

Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.⁴

Period ending	2025-12-31	2024-12-31	2023-12-31
Cash	$1.6M	$106.7K	$91.4K
Accounts receivable, net	$313.4K	$372.7K
Prepaid expenses and other assets	$65.6K	$24.0K
Total current assets	$2.0M	$503.4K
Property and equipment, net	$10.2K
Intangible assets	$20.0K
Goodwill	$5.8M	$5.8M
Total assets	$7.9M	$6.3M
Accounts payable and accrued liabilities	$433.5K	$1.2M
Shareholder advance		$67.6K
Deferred revenue	$158.8K	$354.1K
Convertible loans payable, net of discounts - current portion	$1.5K
Loans payable		$27.4K
Total current liabilities	$743.6K	$1.8M
Convertible loans payable, net of discounts		$19.7K
Total long-term liabilities		$19.7K
Total liabilities	$743.6K	$1.9M
Series A Convertible Preferred stock, $0.001 par value; 900,000 shares authorized; 39,810 shares issued and outstanding	$40	$40
Common stock, $0.001 par value; 150,000,000 shares authorized; 15,826,834 and 1,859,525 shares issued and outstanding at December 31, 2025 and 2024, respectively	$15.8K	$1.9K
Additional paid-in capital	$42.6M	$35.5M
Accumulated deficit	-$35.4M	-$31.0M
Total stockholders equity	$7.2M	$4.5M	$3.9M
Total liabilities and stockholders equity	$7.9M	$6.3M
Preferred stock par value per share	$0.00	$0.00
Preferred stock, shares authorized	900.0K shares	900.0K shares
Preferred stock, shares issued (in Shares)	39.8K shares	39.8K shares
Preferred stock, shares outstanding (in Shares)	39.8K shares	39.8K shares
Common stock par value (in Dollars per share)	$0.00	$0.00
Common stock, shares authorized (in Shares)	150.0M shares	150.0M shares
Common stock, shares issued (in Shares)	15.8M shares	1.9M shares
Common stock, shares outstanding (in Shares)	15.8M shares	1.9M shares

Period ending	2025-12-31	2024-12-31	2023-12-31
Cash	$1.6M	$106.7K	$91.4K
Accounts receivable, net	$313.4K	$372.7K
Prepaid expenses and other assets	$65.6K	$24.0K
Total current assets	$2.0M	$503.4K
Property and equipment, net	$10.2K
Intangible assets	$20.0K
Goodwill	$5.8M	$5.8M
Total assets	$7.9M	$6.3M
Accounts payable and accrued liabilities	$433.5K	$1.2M
Shareholder advance		$67.6K
Deferred revenue	$158.8K	$354.1K
Convertible loans payable, net of discounts - current portion	$1.5K
Loans payable		$27.4K
Total current liabilities	$743.6K	$1.8M
Convertible loans payable, net of discounts		$19.7K
Total long-term liabilities		$19.7K
Total liabilities	$743.6K	$1.9M
Series A Convertible Preferred stock, $0.001 par value; 900,000 shares authorized; 39,810 shares issued and outstanding	$40	$40
Common stock, $0.001 par value; 150,000,000 shares authorized; 15,826,834 and 1,859,525 shares issued and outstanding at December 31, 2025 and 2024, respectively	$15.8K	$1.9K
Additional paid-in capital	$42.6M	$35.5M
Accumulated deficit	-$35.4M	-$31.0M
Total stockholders equity	$7.2M	$4.5M	$3.9M
Total liabilities and stockholders equity	$7.9M	$6.3M
Preferred stock par value per share	$0.00	$0.00
Preferred stock, shares authorized	900.0K shares	900.0K shares
Preferred stock, shares issued (in Shares)	39.8K shares	39.8K shares
Preferred stock, shares outstanding (in Shares)	39.8K shares	39.8K shares
Common stock par value (in Dollars per share)	$0.00	$0.00
Common stock, shares authorized (in Shares)	150.0M shares	150.0M shares
Common stock, shares issued (in Shares)	15.8M shares	1.9M shares
Common stock, shares outstanding (in Shares)	15.8M shares	1.9M shares

Cash from operations⁵⁶⁷⁹⁸⁴-$1.5M in 2025−67% since 2019

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

Period ending	2025-12-31	2024-12-31
Net loss	-$4.4M	-$1.1M
Amortization of debt discount	$2.6M	$49.7K
Depreciation	$404
Loss on shares issued for legal settlement	$78.1K
Gain on forgiveness of accounts payable	-$143.6K	-$227.4K
Warrant modification expense	$565.3K
Stock based compensation	$61.2K
Common stock issued for settlement of payables		$271.8K
Common stock issued for legal settlements		$74.1K
Credit loss expense	$35.2K	$25.5K
Accounts receivable	$24.2K	-$93.4K
Prepaid expenses and other assets	-$41.6K	$15.5K
Accounts payable and accrued liabilities	-$84.5K	-$39.3K
Deferred revenue	-$195.3K	-$24.5K
Net cash used in operating activities	-$1.5M	-$1.1M
Additions to intangible assets	-$20.0K
Purchase of fixed assets	-$10.6K
Net cash used in investing activities:	-$30.6K
Proceeds from the sale of common stock, net		$168.0K
Proceeds from loans payable, net	$1.4M	$994.5K
Payments on loans payable	-$27.4K	-$63.0K
Proceeds from the exercise of warrants, net of costs	$1.8M
Payments on shareholder advance	-$67.6K
Proceeds from accounts payable and accrued liabilities - related party		$128.5K
Payments on accounts payable and accrued liabilities - related party		-$128.5K
Net cash provided by financing activities	$3.1M	$1.1M
Net increase in cash	$1.5M	$15.2K
Cash paid for interest	$73	$30.6K
Shares issued for vested restricted stock units		$2
Shares issued for conversion of convertible loans and interest	$2.9M
Shares issued for accrued legal settlement	$283.9K	$285.3K
Warrants issued in conjunction with convertible loans	$1.4M	$973.2K
Warrants issued in conjunction with inducement agreement	$565.3K

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Leadership

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

Chief executive

Chair

President

Chief financial officer

Chief operating officer

20202025

Chief executive officerMarc Sanford Schessel Feb 12, 2019 to Apr 10, 2020¹²
Chief executive officerRobert L. Mazzeo Apr 19, 2018 to Apr 19, 2018¹³
Chief executive officerPaul K. Danner Sep 28, 2016 to Sep 28, 2016¹⁴
ChairMarc Sanford Schessel Apr 10, 2020 to Apr 10, 2020¹⁵
ChairPaul K. Danner Sep 28, 2016 to Sep 28, 2016¹⁴
PresidentTimothy Andrew Hannibal Aug 12, 2020 to Aug 12, 2020¹⁶
PresidentJohn C. Price Jun 22, 2018 to Jun 22, 2018¹⁷
PresidentRobert Joseph Haydak Jr. Oct 4, 2016 to Oct 4, 2016¹⁸
Chief financial officerChristopher John Kohler Feb 18, 2021 to Oct 6, 2021¹⁹
Chief financial officerTimothy Andrew Hannibal Oct 6, 2021 to Oct 6, 2021²⁰
Chief financial officerJohn C. Price Sep 28, 2016 to Feb 20, 2019²¹
Chief operating officerTimothy Andrew Hannibal Aug 12, 2020 to Aug 12, 2020¹⁶
Chief operating officerJames Thaddeus Schweikert Jun 4, 2019 to Jun 4, 2019²²

Board members and other officers (17)

Board memberTroy Wayne Kirchenbauer Nov 4, 2024 to Nov 4, 2024²³
Board memberMichael Thomas Burke Nov 5, 2024 to Nov 5, 2024²⁴
Board memberVincent Michael Matozzo Aug 25, 2023 to May 16, 2024²⁵
Board memberAlton F. Irby Iii. Mar 29, 2021 to May 16, 2024²⁶
Board memberJohn C. Ferrara Oct 6, 2021 to Apr 12, 2023²⁷
Board memberSteven Ross Horowitz Oct 6, 2021 to May 16, 2024²⁸
Board memberIra E. Ritter Feb 8, 2019 to Dec 16, 2019²⁹
Board memberKnuettel Francis Ii. Feb 8, 2019 to Nov 29, 2019³⁰
Board memberMarc Sanford Schessel Feb 12, 2019 to Mar 19, 2020¹²
Board memberRobert Steven Christie Feb 12, 2019 to Mar 19, 2020³¹
Board memberSteven Wallitt Oct 11, 2019 to Aug 20, 2021³²
Board memberCharles Kenneth Miller Iii. Oct 30, 2018 to Sep 21, 2020³³
Board memberJoseph Gamberale Sep 28, 2016 to Jun 15, 2018³⁴
Board memberBurt Watson Oct 4, 2016 to Jun 22, 2018³⁵
Board memberJoel Daniel Tracy Oct 4, 2016 to Apr 16, 2018³⁶
Board memberMark Shefts Oct 4, 2016 to Jun 21, 2021³⁷
Board memberRenzo Gracie Oct 4, 2016 to Oct 4, 2016³⁸

Named in SEC Form D filings

People the company listed in its private-offering notices.

Executive Officer, DirectorTimonthy Hannibal named Sep 26, 2025³⁹

Former names

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

Timeline

Feb 12, 2019New chief executive Marc Sanford Schessel becomes CEO¹²
Apr 19, 2018New chief executive Robert L. Mazzeo becomes CEO¹³
Sep 28, 2016New chief executive Paul K. Danner becomes CEO¹⁴

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:

Oct 5, 20268-K CURRENT REPORT EDGAR
Sep 23, 2026SCHEDULE 13G EDGAR
Sep 23, 20268-K CURRENT REPORT EDGAR
Sep 22, 20268-K CURRENT REPORT EDGAR
Sep 4, 20268-K CURRENT REPORT EDGAR
Aug 14, 202610-Q QUARTERLY REPORT EDGAR
Aug 12, 2026SCHEDULE 13G/A EDGAR
Jul 30, 20268-K CURRENT REPORT EDGAR
Jul 29, 20268-K CURRENT REPORT EDGAR
Jul 29, 20268-K CURRENT REPORT EDGAR
Jul 23, 20268-K CURRENT REPORT EDGAR
Jun 23, 20268-K CURRENT REPORT EDGAR
Jun 16, 2026DEFR14A REVISED DEFINITIVE PROXY STATEMENT EDGAR
Jun 12, 2026DEF 14A DEFINITIVE PROXY STATEMENT EDGAR
Jun 1, 2026PRE 14A PRELIMINARY PROXY STATEMENT EDGAR
May 15, 202610-Q QUARTERLY REPORT EDGAR
May 15, 2026SCHEDULE 13G/A EDGAR
Apr 10, 20268-K CURRENT REPORT EDGAR
Apr 7, 20268-K CURRENT REPORT EDGAR
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.

INTRACOASTAL CAPITAL, LLCSCHEDULE 13G, 1 filing Sep 23, 2026⁴⁰
Iroquois Capital Management, LLCSCHEDULE 13G/A, 7 filings Dec 5, 2024 to Aug 12, 2026⁴¹
Aramas Capital Holdings LLCSC 13G, 1 filing Nov 26, 2024⁴²
Joseph GamberaleSC 13G, 1 filing Oct 25, 2022⁴³

Money raised

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

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

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARSCWorx Corp. filings on SEC EDGAR
2
SEC EDGARSCWorx Corp. filings on SEC EDGAR
3
SEC EDGARSCWorx Corp. annual report, Item 1 (Business)
4
SEC EDGARSCWorx Corp. 10-K for fiscal 2025
5
SEC EDGARSCWorx Corp. 10-K for fiscal 2019
6
SEC EDGARSCWorx Corp. 10-K for fiscal 2020
7
SEC EDGARSCWorx Corp. 10-K for fiscal 2021
8
SEC EDGARSCWorx Corp. 10-K for fiscal 2023
9
SEC EDGARSCWorx Corp. 10-K for fiscal 2022
10
SEC EDGARSCWorx Corp. 10-Q for fiscal 2026
11
SEC EDGARSCWorx Corp. 10-Q for fiscal 2026
12
SEC EDGARMarc Sanford Schessel, Chief executive officer
13
SEC EDGARRobert L. Mazzeo, Chief executive officer
14
SEC EDGARPaul K. Danner, Chief executive officer
15
SEC EDGARMarc Sanford Schessel, Chair
16
SEC EDGARTimothy Andrew Hannibal, President
17
SEC EDGARJohn C. Price, President
18
SEC EDGARRobert Joseph Haydak Jr., President
19
SEC EDGARChristopher John Kohler, Chief financial officer
20
SEC EDGARTimothy Andrew Hannibal, Chief financial officer
21
SEC EDGARJohn C. Price, Chief financial officer
22
SEC EDGARJames Thaddeus Schweikert, Chief operating officer
23
SEC EDGARTroy Wayne Kirchenbauer, Board member
24
SEC EDGARMichael Thomas Burke, Board member
25
SEC EDGARVincent Michael Matozzo, Board member
26
SEC EDGARAlton F. Irby Iii., Board member
27
SEC EDGARJohn C. Ferrara, Board member
28
SEC EDGARSteven Ross Horowitz, Board member
29
SEC EDGARIra E. Ritter, Board member
30
SEC EDGARKnuettel Francis Ii., Board member
31
SEC EDGARRobert Steven Christie, Board member
32
SEC EDGARSteven Wallitt, Board member
33
SEC EDGARCharles Kenneth Miller Iii., Board member
34
SEC EDGARJoseph Gamberale, Board member
35
SEC EDGARBurt Watson, Board member
36
SEC EDGARJoel Daniel Tracy, Board member
37
SEC EDGARMark Shefts, Board member
38
SEC EDGARRenzo Gracie, Board member
39
SEC EDGARSCWorx Corp. Form D naming Timonthy Hannibal
40
SEC EDGARINTRACOASTAL CAPITAL, LLC SCHEDULE 13G on SCWorx Corp.
41
SEC EDGARIroquois Capital Management, LLC SCHEDULE 13G/A on SCWorx Corp.
42
SEC EDGARAramas Capital Holdings LLC SC 13G on SCWorx Corp.
43
SEC EDGARJoseph Gamberale SC 13G on SCWorx Corp.