Madison Technologies INC. (MDEX) — SEC Filings

Overview

Madison Technologies INC. (MDEX) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-K filed on Apr 15, 2026: Madison Technologies Inc. filed its annual report (10-K) on April 15, 2026, for the fiscal year ending December 31, 2025. The filing includes various exhibits and interactive data files, detailing the company's financial performance and operations. Madison Technologies Inc. is incorporated in Nevada

Sentiment Summary

Across 9 filings, the sentiment breakdown is: 3 bearish, 6 neutral. The dominant filing sentiment for Madison Technologies INC. is neutral.

Filing Type Overview

Madison Technologies INC. (MDEX) has filed 4 10-K, 4 10-Q, 1 8-K with the SEC between Jan 2024 to Apr 2026.

Filings by Year

2026 · 2025 · 2024

Recent Filings (9)

• Madison Technologies Inc. Files 2025 Annual Report — 10-K · Apr 15, 2026 Risk: low
  Madison Technologies Inc. filed its annual report (10-K) on April 15, 2026, for the fiscal year ending December 31, 2025. The filing includes various exhibits a
• Madison Technologies Posts Zero Revenue, Deepens Deficit Amid Going Concern Warning — 10-Q · Dec 29, 2025 Risk: high
  Madison Technologies Inc. (MDEX) reported no revenue for the three months ended March 31, 2025, consistent with the prior year. The company incurred a net loss
• Madison Tech Plunges Deeper into Debt Amid Leadership Shake-Up — 10-K · Oct 30, 2025 Risk: high
  Madison Technologies Inc. (MDEX) reported net losses of $2.9 million in 2024 and $5.3 million in 2023, accumulating a deficit of $20.5 million as of December 31
• Madison Tech Restates 2022, Faces Debt Defaults Amid Leadership Shake-Up — 10-K · Aug 22, 2025 Risk: high
  Madison Technologies Inc. (MDEX) filed a restated 10-K for the fiscal year ended December 31, 2023, revealing significant financial errors and a change of contr
• Madison Technologies Changes Certifying Accountant — 8-K · Aug 13, 2025 Risk: low
  Madison Technologies Inc. filed an 8-K on May 20, 2024, reporting a change in its certifying accountant. The company's previous accountant was BDO USA, LLP, and
• Madison Technologies Files Q3 2023 10-Q — 10-Q · May 21, 2024 Risk: low
  Madison Technologies Inc. filed a 10-Q for the period ending September 30, 2023. The company, formerly known as Madison Explorations, Inc., is incorporated in N
• Madison Technologies Inc. Files 10-Q for Period Ending June 30, 2023 — 10-Q · May 7, 2024 Risk: low
  Madison Technologies Inc. (MDEX) filed a Quarterly Report (10-Q) with the SEC on May 7, 2024. Madison Technologies Inc. filed a 10-Q report for the period endin
• Madison Technologies Inc. Files 10-Q for Period Ending March 31, 2023 — 10-Q · Mar 28, 2024 Risk: low
  Madison Technologies Inc. (MDEX) filed a Quarterly Report (10-Q) with the SEC on March 28, 2024. Madison Technologies Inc. filed a 10-Q report for the period en
• Madison Technologies Inc. Files 2022 Annual Report — 10-K · Jan 25, 2024 Risk: low
  Madison Technologies Inc. (MDEX) filed a Annual Report (10-K) with the SEC on January 25, 2024. Madison Technologies Inc. filed its 10-K report for the fiscal y

Risk Profile

Risk Assessment: Of MDEX's 9 recent filings, 3 were flagged as high-risk, 0 as medium-risk, and 6 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.

Financial Highlights

Key financial metrics from Madison Technologies INC.'s most recent 10-Q filing (Dec 29, 2025):

• Revenue: $0
• Net Income: $(709,477)
• EPS: N/A
• Debt-to-Equity: N/A
• Cash Position: N/A
• Operating Margin: N/A
• Total Assets: $90,921
• Total Debt: $21,186,693

Key Executives

• Chief Executive Officer
• Philip Falcone
• Thomas Amon
• Warren Zenna

Industry Context

Madison Technologies Inc. operates in a sector that typically requires significant capital investment and faces long development cycles. The lack of revenue suggests the company may be in an early-stage development phase or a highly competitive market where new entrants struggle to gain traction without substantial funding or a unique value proposition.

Top Tags

SEC Filing (3) · 10-Q (3) · 10-K (2) · retail (2) · Debt Default (2) · Change of Control (2) · Penny Stock (2) · Madison Technologies (2) · Financial Report (2) · Quarterly Filing (2)

Key Numbers

• 10-K iXBRL Size: 1560245 — Size of the main 10-K interactive data document.
• Complete Submission Text File Size: 6331791 — Size of the complete submission text file for the filing.
• Revenue: $0 — No revenue generated for Q1 2025 or Q1 2024
• Net Loss: $(709,477) — Net loss for Q1 2025, an improvement from $(830,912) in Q1 2024
• Working Capital Deficit: $(21,095,771) — Increased from $(20,386,294) at Dec 31, 2024, indicating worsening liquidity
• Accumulated Deficit: $(32,367,604) — Increased from $(31,658,127) at Dec 31, 2024, reflecting ongoing losses
• Total Operating Expenses: $117,880 — Decreased from $140,175 in Q1 2024, primarily due to lower professional fees
• Professional Fees: $56,904 — Decreased significantly from $124,703 in Q1 2024
• General and Administrative Expenses: $60,976 — Increased from $15,472 in Q1 2024
• Interest Expense: $591,597 — Increased from $560,511 in Q1 2024
• Common Shares Outstanding: 1,603,095,243 — Consistent between March 31, 2025, and December 31, 2024
• Total Assets: $90,921 — Decreased from $130,568 at December 31, 2024
• Principal Balance of Convertible Notes: $16.5 million — defaulted and accelerated by Arena Investors, LP
• Net Assets of Sovryn: $9,159,907 — used to partially settle Arena debt
• Aggregate Outstanding Debt Obligations: $3.5 million — currently in default, including interest and fees

Frequently Asked Questions