10-K
Annual Report
FDCTECH, INC
FDCT
CIK: 1722731
File #: 000-56338
Balance Sheet
53 line items · 2 periods
XBRL
| Item | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and Cash Equivalents | 31,316,461 | 264,829 |
Accounts Receivable | 1,029,000 | 65,583 |
Other Non-Operating Current Assets | 403,191 | 226,594 |
Total Stockholders' Equity | 8,200,000 | 200,000 |
Accounts Receivable | — | 9,219 |
OID promissory note | — | 55,000 |
Total Current assets | 40,948,652 | 821,225 |
Other Non-Current Assets | 1,087,543 | 761,642 |
Other Non-Operating Current Assets | 36,062 | 36,062 |
Accrued income | 1,035,619 | — |
Intangible Assets | 1,305,493 | 1,293,255 |
Related party guarantee | 1,353,170 | — |
Deferred Tax Assets, Non-Current | 177,206 | — |
Fair value of trading positions for the firm, profit | 1,396,066 | — |
Operating Lease Right-of-Use Asset | 39,683 | — |
Property, Plant and Equipment | 163,572 | 4,034 |
Total assets | 47,543,066 | 2,916,218 |
Liabilities and Stockholders’ Deficit | ||
Current liabilities: | ||
Accounts Payable | 179,979 | 53,229 |
Short-Term Debt | 60,742 | 47,369 |
Other Current Liabilities | 534,500 | 429,500 |
Short-Term Debt | — | 550,000 |
Business acquisition loan | 350,000 | — |
Cares act- paycheck protection program advance | 20,652 | 40,139 |
Related party advances | 793,339 | 5,988 |
Other Current Liabilities | 30,220,270 | — |
Fair value of trading positions for the firm, loss | 520,808 | — |
Operating Lease Liability, Current | 36,419 | — |
Other Non-Operating Current Liabilities | 770,984 | 40,269 |
Total Current liabilities | 33,487,693 | 1,166,494 |
Deferred Tax Liabilities, Current | 846,581 | — |
SBA loan – non-current | 122,689 | 131,194 |
Operating Lease Liability, Non-Current | 3,264 | — |
Other Current Liabilities | 33,062 | 14,703 |
Total liabilities | 34,493,289 | 1,312,391 |
Stockholders’ Deficit: | ||
Series A Preferred Stock | 650 | 400 |
Series B Preferred Stock | 180 | — |
Total Stockholders' Equity | 38,858 | 21,127 |
Total Stockholders' Equity | 15,389,569 | 5,725,530 |
Total Stockholders' Equity | 225,228 | 17,544 |
Total Stockholders' Equity | (2,643,647) | (4,216,823) |
Total FDCTech, Inc. stockholders’ equity (deficit) | 13,010,838 | 1,547,778 |
Preferred Stock | 830 | 400 |
Common Stock | 38,858 | 21,127 |
Additional Paid-in Capital | 15,389,569 | 5,725,530 |
AOCI Attributable to Parent | 225,228 | 17,544 |
Retained Earnings | (2,643,647) | (4,216,823) |
Noncontrolling Interest | 38,939 | 56,049 |
Total liabilities and stockholders’ deficit | 47,543,066 | 2,916,218 |