Commercial Credit Report for Scworx Corp

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	Scworx Corp
590 Madison Ave
Phone: (212) 739-7825p:212 739-7825	NEW YORK, NY 10022-2524 United States	Ticker: AMMAAMMA

On 5/3/2024, the Securities and Exchange Commission (SEC) charged BF Borgers CPA PC and its owner, Benjamin F. Borgers, with significant violations of Public Company Accounting Oversight Board (PCAOB) standards across more than 1,500 SEC filings from January 2021 to June 2023. The charges included falsely representing compliance with PCAOB standards to clients, fabricating audit documentation, and inaccurately stating compliance in audit reports. According to the SEC's order, of 369 BF Borgers' clients whose public filings from January 2021 through June 2023 incorporated the firm's audits and reviews, at least 75 percent of the filings incorporated audits and reviews that did not comply with PCAOB standards. The financials in this report may include past audits and reviews conducted by BF Borgers CPA PC that are deemed not compliant with PCAOB standards.

Business Summary

SCWorx Corp. is a provider of data content and services related to the repair, normalization and interoperability of information for healthcare providers, as well as big data analytics for the healthcare industry. The Company develops and markets health care information technology solutions and associated services that enhance healthcare processes and information flow within hospitals and other healthcare facilities. Its software enables a healthcare provider to simplify and organize its data (data normalization), allows the data to be utilized across multiple internal software applications and provides the basis for data analytics (big data). Its software solutions/services include virtualized item master file repair, expansion and automation, electronic medical record management, charge description master management, contract management, request for proposal (RFP) automation, integration of acquired businesses, rebate management, and data integration and warehousing.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
9/30/2024	12/31/2023	Yes	Yes	-	Yes	-

Industries

SIC Code	Description
7374	Computer processing and data preparation and processing services
7372	Prepackaged software

Officers and Directors

Title	Name	Age	Title Date	Start Date
Chairman & CEO	Paul K.Danner, III
President, Chief Executive Officer, Director	Timothy A.Hannibal	54	5/28/2021	2/1/2019
President	Robert K.Haydak, Jr.
10 additional Officers and Directors records available in full report.

Business Names

Business Name
AMMA
DirectWorx, LLC
Go Fight Net, Inc
7 additional Business Names available in full report.

General Information

Number of Employees:	7	(As of 12/31/2023)
Outstanding Shares:	1,626,967	(As of 11/14/2024)
Shareholders:	433
Stock Exchange:	NASD
Federal Tax Id:	475412331
Fax Number:	(302) 655-5049

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