Document And Entity Information - shares |
9 Months Ended | |
|---|---|---|
Sep. 30, 2020 |
Nov. 13, 2020 |
|
| Document Information Line Items | ||
| Entity Registrant Name | SCWorx Corp. | |
| Document Type | 10-Q/A | |
| Current Fiscal Year End Date | --12-31 | |
| Entity Common Stock, Shares Outstanding | 9,861,731 | |
| Amendment Flag | true | |
| Amendment Description | SCWorx Corp. (the “Company”) is filing this amended Form 10-Q/A (this “Amendment”) to amend its Quarterly Report on Form 10-Q for the quarter ended September 30, 2020 that was originally filed with the Securities and Exchange Commission (the “SEC”) on November 16, 2020 (“Original Filing”) to restate its unaudited financial statements as of September 30, 2020 to correct an error that caused stock based compensation expense for the period to be overstated. As described in Item 4.02 of the Company’s Current Report on Form 8-K filed with the SEC on April 21, 2021, the previously filed unaudited financial statements for these periods should no longer be relied upon. This Amendment also amends certain other items in the Original Filing, as listed below. As further discussed in Note 3 to the Company’s unaudited financial statements in Part I, Item 1, “Financial Statements” of this Amendment, the Company concluded that it would restate the previously issued financial statements included in the Original Filing to correct an error related to a modification of restricted stock unit awards which resulted in the Company’s stock -based compensation expense for the period being overstated. For the convenience of the reader, this Amendment sets forth the Original Filing in its entirety, as modified and superseded as necessary to reflect the restatement described above. Accordingly, the Amendment does not reflect events occurring after the filing of the Original Filing or modify or update those disclosures affected by subsequent events and should be read in conjunction with the Original Filing and the Company’s other filings with the SEC. Information not affected by the restatement and other immaterial changes are unchanged and reflect disclosures made at the time of the filing of the Original Filing. The disclosures impacted by the restatement include, but are not limited to, those related to additional paid-in capital, accumulated deficit, general and administrative expenses and net loss. The following items in the Original Filing have been amended as a result of, and to reflect, the restatement: Part I, Item 1. Financial Statements Part I, Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operation Part II, Item 6. Exhibits In accordance with applicable SEC rules, this Amendment includes new certifications required by Rule 13a-14 under the Securities Exchange Act of 1934, as amended, from the Company’s Chief Executive Officer and Chief Financial Officer dated as of the date of filing of this Amendment. | |
| Entity Central Index Key | 0001674227 | |
| Entity Current Reporting Status | Yes | |
| Entity Filer Category | Non-accelerated Filer | |
| Document Period End Date | Sep. 30, 2020 | |
| Document Fiscal Year Focus | 2020 | |
| Document Fiscal Period Focus | Q3 | |
| Entity Small Business | true | |
| Entity Emerging Growth Company | true | |
| Entity Shell Company | false | |
| Entity Ex Transition Period | false | |
| Entity File Number | 001-37899 | |
| Entity Incorporation, State or Country Code | DE | |
| Entity Interactive Data Current | Yes |