10-Q
Quarterly Report
FDCTECH, INC.
FDCT
CIK: 1722731
File #: 000-56338
Balance Sheet
42 line items · 2 periods
XBRL
| Item | Sep 30, 2023 | Dec 31, 2022 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and Cash Equivalents | 1,231,766 | 264,829 |
Accounts Receivable | 1,633,672 | 65,583 |
Other Non-Operating Current Assets | 1,037,174 | 435,814 |
OID promissory note | — | 55,000 |
Total Current assets | 3,902,612 | 821,226 |
Fixed assets, net | 350,382 | — |
Other Non-Current Assets | 950,427 | 761,642 |
Property, Plant and Equipment | 746,080 | 38,059 |
Intangible Assets | 2,615,978 | 2,646,615 |
Total assets | 8,565,479 | 4,267,542 |
Liabilities and Stockholders’ Deficit | ||
Current liabilities: | ||
Accounts Payable | 530,800 | 429,500 |
Short-Term Debt | 53,135 | 47,369 |
Taxes Payable | 238,701 | 204,828 |
General and Administrative Expense | 238,701 | — |
Business acquisition loan | 350,000 | — |
Short-Term Debt | — | 550,000 |
Cares act- paycheck protection program advance | 26,648 | 40,139 |
Paycheck Protection Program | 26,648 | — |
Other Non-Operating Current Liabilities | 491,939 | 99,488 |
Total Current liabilities | 1,691,223 | 1,371,324 |
Long-Term Debt | 124,815 | 131,194 |
Deferred Tax Liabilities, Current | 340,826 | — |
Other Current Liabilities | 28,218 | 14,704 |
Total liabilities | 2,185,082 | 1,517,222 |
Stockholders’ Deficit: | ||
Preferred Stock | 400 | 400 |
Total Stockholders' Equity | 33,358 | 21,127 |
Total Stockholders' Equity | 6,349,824 | 5,725,530 |
Total Stockholders' Equity | (9,587) | (6,169) |
Total Stockholders' Equity | (2,968,930) | (4,335,053) |
Total FDCTech, Inc. stockholders’ equity (deficit) | 3,405,065 | 1,405,835 |
Preferred Stock | 400 | 400 |
Common Stock | 33,358 | 21,127 |
Additional Paid-in Capital | 6,349,824 | 5,725,530 |
AOCI Attributable to Parent | (9,587) | (6,169) |
Retained Earnings | (2,968,930) | (4,335,053) |
Noncontrolling Interest | 2,975,332 | 1,344,485 |
Total liabilities and stockholders’ deficit | 8,565,479 | 4,267,542 |