MedWellAI, Inc. (MWAI)
MedWellAI Inc., through its subsidiary, develops, acquires, operates, and invests in businesses. It provides AI-driven healthcare and wellness solutions. The company also offers a B2B e-commerce platform for distributing pharmaceutical products, particularly GLP medications for weight loss and diabetes management. In addition, it provides an AI-powered ordering system with inventory tracking, smart suggestions, and support for healthcare providers such as wellness clinics, med spas, and corporate wellness facilities. The company was formerly known as Integrated Ventures, Inc. and changed its name to MedWellAI Inc. in June 2025. The company is based in Clearwater, Florida.
Sector: Finance Services
Industry: Financial - Capital Markets
MedWellAI Inc.
OTC:MWAIFinancial Services · Financial - Capital Markets
+6.50%$0.2980
Mkt Cap$1.95M
Float5.49M
O/S6.54M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$528K
Net Income-$1.59M
Total Assets$140K
Free Cash Flow-$315K
Debt & Equity
Total Debt$500K
Total Equity-$7.98M
Preferred Stock$630
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in MWAI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$140K
Liabilities$7.96M
Accounts Receivable$9K
Accounts Payable$138K
Inventory$0
PP&E (Net)$890
Goodwill$0
Intangible Assets$28K
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 |
| Revenue | $528K | $595K | $5.86M | $5.86M | $3.86M | $6.55M | $454K | $454K | $279K | $306K | $0 | $436K | $436K | $0 | $0 | $0 |
| YoY Growth | -11.2% | -89.9% | 0.0% | 51.8% | -41.0% | 1342.2% | 0.0% | 62.7% | -8.9% | - | - | 0.0% | - | - | - | - |
| Cost of Revenue | $31K | $8K | $3.93M | $3.93M | $2.7M | $920K | $996K | $996K | $898K | $238K | $47 | $47 | $342K | $0 | $0 | $0 |
| Gross Profit | $497K | $587K | $1.93M | $1.93M | $1.16M | $931K | -$542K | -$542K | -$619K | $69K | -$47 | $94K | $94K | $0 | $0 | $0 |
| Gross Margin | 94.1% | 98.6% | 33.0% | 33.0% | 30.1% | 14.2% | -119.4% | -119.4% | -221.8% | 22.4% | - | 21.5% | 21.5% | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $22K | $120K | $10K | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.66M | $2.62M | $9.28M | $15.95M | $3.22M | $22.6M | $472K | $1.82M | $1.3M | $1.04M | $3.35M | $303K | $303K | $34K | $46K | $45K |
| Other | $73K | $808K | $4.1M | -$2.57M | $23.12M | $0 | $0 | -$1.35M | $527K | $5.15M | $46 | $3.16M | $10K | $0 | $0 | $800 |
| Total Operating Expenses | $1.73M | $3.43M | $13.37M | $13.37M | $26.33M | $22.6M | $472K | $472K | $1.82M | $6.2M | $3.47M | $3.47M | $313K | $34K | $46K | $46K |
| Operating Income (EBIT) | -$1.24M | -$2.84M | -$11.44M | -$10.18M | -$18.38M | -$688K | -$1.01M | -$1.01M | -$2.44M | -$6.14M | -$3.47M | -$3.47M | -$313K | -$34K | -$46K | -$46K |
| Operating Margin | -234.2% | -477.6% | -195.1% | -173.6% | -475.8% | -10.5% | -223.4% | -223.4% | -875.1% | -2002.4% | - | -796.8% | -71.8% | - | - | - |
| Interest Expense | $52K | $52K | $83K | $277K | $18K | $436K | $655K | $214K | $154K | $656K | $13K | $478K | $30 | $140 | $233 | $150 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1K | $2K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$283K | -$109K | -$83K | -$1.34M | -$7.08M | $122K | -$67K | -$67K | -$7.07M | $558K | -$1.56M | -$1.56M | -$520 | -$110 | -$150 | -$150 |
| Income Before Tax (EBT) | -$1.52M | -$2.95M | -$11.52M | -$11.52M | -$25.46M | -$566K | -$1.08M | -$1.08M | -$9.51M | -$5.58M | -$5.03M | -$5.03M | -$313K | -$34K | -$46K | -$46K |
| Income Tax Expense | $69K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$1.59M | -$3.61M | -$11.52M | -$11.52M | -$566K | -$22.43M | -$1.08M | -$9.51M | -$9.51M | -$5.58M | -$5.03M | -$5.03M | -$35K | -$34K | -$46K | -$46K |
| Net Income Margin | -301.1% | -606.5% | -196.5% | -196.5% | -14.6% | -342.5% | -238.2% | -2094.6% | -3408.0% | -1820.3% | - | -1155.0% | -8.1% | - | - | - |
| Supplementary Data | ||||||||||||||||
| EPS | -0.24 | -0.49 | -2.72 | -11.33 | -11.98 | -0.68 | -20.00 | -2.50 | -83.93 | -83.93 | -1076.19 | -69.05 | -7.82 | -8.99 | -19.95 | -25.00 |
| Diluted EPS | -0.24 | -0.49 | -2.72 | -11.33 | -11.98 | -0.68 | -20.00 | -2.50 | -83.93 | -83.93 | -1076.19 | -69.05 | -7.82 | -8.99 | -19.95 | -25.00 |
| Weighted Average OS | 6.29M | 5.71M | 4.41M | 2.25M | 1.64M | 1.17M | 523,113 | 109,323 | 66,452 | 12,513 | 4,674 | 4,539 | 4,520 | 3,804 | 2,292 | 2,292 |
| EBITDA | -$1.16M | -$2.87M | -$8.61M | -$21.59M | $1.07M | -$21.59M | $149K | -$8.75M | -$5.36M | -$5.36M | -$3.47M | -$4.55M | -$313K | -$34K | -$46K | -$46K |
| EBITDA Margin | -220.4% | -481.8% | -146.8% | -368.1% | 27.7% | -329.6% | 32.7% | -1925.7% | -1921.5% | -1750.6% | - | -1044.5% | -71.8% | - | - | - |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 |
| Assets | ||||||||||||||||
| Current Assets | ||||||||||||||||
| Cash and Cash Equivalents | $86K | $401K | $58K | $258K | $490K | $2.1M | $7K | $48K | $48K | $749 | $16K | $46K | $818 | $609 | $25 | $18K |
| Short-Term Investments | $6K | $6K | $6K | $0 | $0 | $0 | $0 | $0 | $2K | $2K | $254K | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $86K | $401K | $58K | $258K | $490K | $2.1M | $7K | $48K | $2K | $2K | $270K | $46K | $818 | $609 | $25 | $18K |
| Accounts Receivable | $9K | $287 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18K | $18K | $566 | $21K | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $115K | $119K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $17K | $17K | $1.96M | $7K | $3K | $194K | -$500 | $28K | $44K | $148K | $0 | -$1K | $24K | $0 | $0 | $0 |
| Total Current Assets | $112K | $419K | $2.6M | $265K | $493K | $2.3M | $10K | $80K | $171K | $296K | $296K | $46K | $46K | $609 | $25 | $18K |
| Long-Term Assets | ||||||||||||||||
| Property, Plant & Equipment Net | $890 | $138K | $1.34M | $5.3M | $15.64M | $10.82M | $453K | $1.04M | $633K | $0 | $0 | $1K | $46K | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $28K | $51K | $51K | $0 | $0 | $0 | $0 | $0 | $11K | $11K | $0 | $0 | $2K | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $447K | $73K | $245K | $83K | $83K | $11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $198K | -$51K | $578K | $79K | $700 | $700 | -$82K | $3K | -$11K | $700 | $27K | -$20K | $0 | $0 | $0 |
| Total Long-Term Assets | $29K | $387K | $1.34M | $6.33M | $15.79M | $11.07M | $537K | $1.04M | $659K | $700 | $700 | $28K | $28K | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $140K | $806K | $3.94M | $6.59M | $16.28M | $13.36M | $547K | $1.12M | $830K | $296K | $296K | $74K | $74K | $609 | $25 | $18K |
| Liabilities | ||||||||||||||||
| Current Liabilities | ||||||||||||||||
| Accounts Payable | $138K | $124K | $976K | $294K | $56K | $27K | $27K | $84K | $27K | $27K | $27K | $21K | $21K | $450 | $5K | $0 |
| Short-Term Debt | $500K | $527K | $500K | $500K | $385K | $19K | $19K | $259K | $457K | $173K | $44K | $31K | $31K | $26K | $5K | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $203 | $0 | $0 | $0 | $0 | $148K | $94K | $0 | $77K | $68K | $0 | -$57K | $0 | $0 | $0 |
| Other Current Liabilities | $7.32M | $2.41M | $2.13M | $2.06M | $1.11M | $223K | $46K | $194K | $2.43M | $2.62M | $40K | $129K | $186K | $0 | $0 | $10K |
| Total Current Liabilities | $7.96M | $3.06M | $3.68M | $2.98M | $1.56M | $274K | $274K | $656K | $2.96M | $2.96M | $346K | $181K | $181K | $26K | $10 | $10K |
| Long-Term Liabilities | ||||||||||||||||
| Long-Term Debt | $0 | $78K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $8K | $4.13M | $4.13M | $4.13M | $4.13M | $4.13M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $85K | $4.13M | $4.13M | $4.13M | $4.13M | $4.13M | $496K | $27K | $200K | $0 | $0 | $5K | $549 | $2K | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$496K | -$27K | -$200K | $0 | $0 | -$5K | -$549 | -$2K | $0 |
| Total Liabilities | $7.96M | $3.14M | $7.81M | $7.1M | $5.69M | $4.4M | $274K | $656K | $2.96M | $2.96M | $346K | $181K | $181K | $26K | $10K | $0 |
| Stockholders' Equity | ||||||||||||||||
| Preferred Stock | $630 | $4.13M | $630 | $600 | $1K | $1K | $930 | $800 | $809 | $809 | $500 | $500 | $1K | $0 | $0 | $0 |
| Common Stock | $7K | $6K | $5K | $3K | $207K | $194K | $103K | $30K | $9K | $9K | $33K | $33K | $28K | $6K | $4K | $2K |
| Retained Earnings | -$90.26M | -$88.67M | -$85.07M | -$73.1M | -$46.19M | -$45.08M | -$22.06M | -$20.98M | -$11.47M | -$11.47M | -$5.16M | -$5.16M | -$129K | -$87K | -$55K | -$2K |
| Comprehensive Income & Other | $84K | $26K | $0 | $0 | $0 | $5.48M | $0 | $0 | -$809 | $35K | -$500 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $82.28M | $86.17M | $81.2M | $72.59M | $56.58M | $53.85M | $21.85M | $19.87M | $9.33M | $9.33M | $3.64M | $3.64M | -$6K | $51K | $34K | $18K |
| Total Equity | -$7.98M | -$2.5M | -$3.87M | -$510K | $10.59M | $8.96M | -$110K | -$1.09M | -$2.13M | -$2.13M | -$1.48M | -$1.48M | -$107K | -$31K | -$17K | $18K |
| Minority Interest | $161K | $164K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | -$20K | $641K | $3.94M | $6.59M | $16.28M | $13.36M | $164K | -$432K | $830K | $830K | -$1.14M | -$1.3M | $74K | -$5K | -$8K | $18K |
| Supplementary Data | ||||||||||||||||
| Total Debt | $500K | $604K | $500K | $500K | $385K | $19K | $19K | $259K | $457K | $173K | $44K | $31K | $31K | $26K | $0 | $0 |
| Net Debt | $414K | $203K | $442K | $242K | -$105K | -$2.08M | $252K | $409K | $409K | $157K | $186K | -$15K | $56K | $25K | -$25 | -$18K |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 |
| Operating Activities | ||||||||||||||||
| Net Income | -$1.52M | -$2.95M | -$11.52M | -$25.46M | -$566K | -$22.43M | -$1.08M | -$9.51M | -$5.58M | $333K | -$5.03M | -$309K | -$35K | -$34K | -$46K | -$46K |
| Depreciation & Amortization | $34K | $32K | $2.84M | $3.6M | $1.62M | $409K | $575K | $553K | $60K | $60K | $47 | $47 | $47 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $6.8M | $0 | $338K | -$621K | $5.21M | $4.25M | $692K | $488K | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $223K | $600K | $8.3M | $15.25M | $2.44M | $16.54M | $120K | $1.39M | $809K | $746K | $3.05M | $64K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||
| Accounts Receivable | -$9K | $3K | $0 | $0 | $0 | $0 | $0 | $0 | -$191K | -$98 | -$909 | $0 | $17K | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$649K | -$649K | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $26K | $100K | $682K | $682K | $29K | -$282K | $45K | $12K | $18K | $18K | $18K | $12K | $4K | -$4K | $5K | $5K |
| Other Working Capital | $667K | $430K | $230K | $230K | -$3.53M | -$2.06M | -$347K | -$201K | -$14K | -$205K | $42K | -$68K | $133K | $0 | $0 | $0 |
| Total Working Capital Change | $684K | $432K | $912K | $912K | -$3.5M | -$2.34M | -$302K | -$189K | -$836K | -$836K | $59K | -$57K | $151K | -$4K | $5K | $5K |
| Other Non-Cash Items | $272K | $1.04M | -$4.65M | -$5.23M | $68K | $5.92M | $638K | $1.88M | $150K | -$2.14M | $1.17M | -$176K | -$147K | $0 | $0 | $0 |
| Net Cash from Operating | -$307K | -$849K | -$4.13M | -$4.13M | $55K | -$1.57M | -$671K | -$671K | -$1.15M | -$1.15M | -$266K | -$478K | -$32K | -$38K | -$41K | -$41K |
| Investing Activities | ||||||||||||||||
| Capital Expenditures | -$8K | -$2K | -$2K | -$2K | -$9.94M | -$18.33M | -$123K | -$123K | -$612K | $0 | $0 | -$22K | -$9K | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $205K | $0 | $733 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | -$1.72M | -$1.72M | -$2.1M | -$7.37M | -$373K | -$373K | -$10K | -$10K | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $5.89M | $5.89M | $7.46M | $9.21M | $714K | $714K | $715K | $475K | $53K | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $1.19M | $0 | $0 | $2.1M | $7.37M | -$733 | $0 | $325K | -$48K | $0 | $13K | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$8K | $1.19M | $4.17M | $4.17M | -$2.27M | -$9.12M | $218K | $218K | $418K | $418K | $53K | -$9K | -$9K | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||||
| Debt Repaid | - | - | - | $243K | -$487K | -$517K | $46K | -$501K | - | -$227K | -$201K | - | - | - | - | -$5K |
| Common Stock Issuance | $0 | $0 | $0 | $294K | $46K | $8.13M | $8.13M | $0 | $720K | $720K | $55K | $55K | $0 | $19K | $18K | $18K |
| Common Stock Repurchases | $0 | $100K | $309K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | -$118K | $488K | $1.31M | $551K | -$12.37M | -$90K | $35K | -$317K | $26K | $179K | $82K | $0 | $0 | $0 |
| Net Cash from Financing | $0 | $0 | -$243K | -$243K | $605K | $12.78M | $411K | $411K | $755K | $755K | $227K | $434K | $113K | $39K | $23K | $23K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$315K | $343K | -$200K | -$200K | -$1.61M | $2.09M | -$42K | -$42K | $25K | $25K | $14K | -$44K | $209 | $584 | -$18K | -$18K |
| Supplementary Data | ||||||||||||||||
| Operating Cash Flow | -$307K | -$935K | -$4.13M | -$3.43M | $55K | -$1.57M | -$671K | -$708K | -$1.15M | -$266K | -$478K | -$63K | -$32K | -$38K | -$41K | -$41K |
| Capital Expenditure | -$8K | -$2K | -$2K | -$307K | -$9.94M | -$18.33M | -$123K | -$42K | -$612K | $0 | $0 | -$22K | -$9K | $0 | $0 | $0 |
| Free Cash Flow | -$315K | -$938K | -$4.13M | -$3.73M | -$9.88M | -$19.9M | -$794K | -$750K | -$1.76M | -$266K | -$478K | -$85K | -$40K | -$38K | -$41K | -$41K |
| Cash at Beginning | $401K | $58K | $258K | $490K | $2.1M | $7K | $48K | $41K | $16K | $2K | $46K | $46K | $609 | $25 | $18K | $18K |
| Cash at End | $86K | $401K | $58K | $258K | $490K | $2.1M | $7K | $48K | $41K | $16K | $2K | $2K | $818 | $609 | $25 | $25 |