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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 542,591 $ 924,428
Restricted cash 51,139
Accounts and note receivable, net 640,778 562,058
Inventories, net 291,029 362,963
Prepaid expenses and other current assets, net 662,877 875,119
Total current assets 3,121,054 2,739,242
Non-current assets:    
Intangible assets, net 523,846 299,797
Property, plant and equipment, net 5,094,545 3,731,403
Real estate properties for lease, net 60,908 2,238,577
Operating lease right-of-use assets, net 59,680 125,009
Financing lease right-of-use assets, net 8,523
Other non-current assets 34,624 28,453
Total non-current assets 5,773,603 6,431,762
TOTAL ASSETS 8,894,657 9,171,004
Current liabilities:    
Short-term bank borrowings 2,648,199 2,726,197
Accounts payable 409,124 304,668
Amounts due to related parties 2,162,876 341,563
Accrued expenses and other current liabilities 4,674,876 2,039,329
Long-term bank borrowings, current portion 123,299 596,335
Convertible note 868,925
Operating lease liabilities, current 59,680 61,099
Total current liabilities 10,946,979 6,069,191
Non-current liabilities:    
Long-term bank borrowings 2,814,862 2,429,465
Operating lease liabilities, non-current 63,910
Other non-current liabilities 306,766 273,850
Total non-current liabilities 3,121,628 2,767,225
TOTAL LIABILITIES 14,068,607 8,836,416
Commitments and Contingencies
Equity (deficit)    
Ordinary shares* (par value of US$0.0001 per share; 100,000,000 ordinary shares authorized as of December 31, 2023 and 2024, respectively; 13,855,239 and 18,588,342 ordinary shares issued as of December 31, 2023 and 2024, respectively; 13,855,239 and 16,788,342 ordinary shares outstanding as of December 31, 2023 and 2024, respectively) 1,859 1,386
Additional paid-in capital 8,962,753 11,462,669
Accumulated deficit (13,731,023) (11,213,083)
Accumulated other comprehensive income 557,094 344,870
MKDWELL Tech Inc. shareholders’ equity (deficit) (4,209,317) 595,842
Non-controlling interests (964,633) (261,254)
Total equity (deficit) (5,173,950) 334,588
TOTAL LIABILITIES AND EQUITY (DEFICIT) 8,894,657 9,171,004
Related Party [Member]    
Current assets:    
Amounts due from related parties 932,640 14,674
Current liabilities:    
Amounts due to related parties $ 2,162,876 $ 341,563