10-Q
Quarterly Report
FDCTECH, INC.
FDCT
CIK: 1722731
File #: 000-56338
Balance Sheet
53 line items · 2 periods
XBRL
| Item | Jun 30, 2024 | Dec 31, 2023 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and Cash Equivalents | 31,806,857 | 31,316,461 |
Accounts Receivable | 26,000 | 1,029,000 |
Other Non-Operating Current Assets | 159,941 | 403,191 |
Total Stockholders' Equity | 8,200,000 | 8,200,000 |
Accounts Receivable | 1,220,158 | — |
Total Current assets | 41,412,956 | 40,948,652 |
Other Non-Current Assets | 924,899 | 1,087,543 |
Other Non-Operating Current Assets | 36,062 | 36,062 |
Accrued income | 822,819 | 1,035,619 |
Intangible Assets | 1,311,432 | 1,305,493 |
Related party guarantee | 1,329,927 | 1,353,170 |
Deferred Tax Assets, Non-Current | 174,162 | 177,206 |
Fair value of trading positions for the firm, profit | 833,242 | 1,396,066 |
Operating Lease Right-of-Use Asset | — | 39,683 |
Property, Plant and Equipment | 411,102 | 163,572 |
Total assets | 47,256,601 | 47,543,066 |
Liabilities and Stockholders’ Deficit | ||
Current liabilities: | ||
Accounts Payable | 266,024 | 179,979 |
Short-Term Debt | 27,576 | 60,742 |
Related Party | 519,500 | 534,500 |
Nonrelated Party | 545,904 | — |
Business acquisition loan | 405,000 | 350,000 |
Cares act- paycheck protection program advance | 13,157 | 20,652 |
Related party advances | 166,929 | 793,339 |
Other Current Liabilities | 29,855,692 | 30,220,270 |
Fair value of trading positions for the firm, loss | 511,863 | 520,808 |
Operating Lease Liability, Current | — | 36,419 |
Other Non-Operating Current Liabilities | 246,907 | 770,984 |
Total Current liabilities | 32,558,552 | 33,487,693 |
Deferred Tax Liabilities, Current | 345,838 | 846,581 |
SBA loan – non-current | 118,436 | 122,689 |
Operating Lease Liability, Non-Current | — | 3,264 |
Other Current Liabilities | 71,753 | 33,062 |
Total liabilities | 33,094,579 | 34,493,289 |
Stockholders’ Deficit: | ||
Series A Preferred Stock | 450 | 650 |
Series B Preferred Stock | 236 | 180 |
Total Stockholders' Equity | 39,058 | 38,858 |
Total Stockholders' Equity | 13,634,270 | 15,389,569 |
Preferred Stock | 3,329,964 | — |
Total Stockholders' Equity | (19,712) | 225,228 |
Total Stockholders' Equity | (2,834,639) | (2,643,647) |
Total FDCTech, Inc. stockholders’ equity (deficit) | 14,149,627 | 13,010,838 |
Preferred Stock | 686 | 830 |
Common Stock | 39,058 | 38,858 |
Additional Paid-in Capital | 16,964,234 | 15,389,569 |
AOCI Attributable to Parent | (19,712) | 225,228 |
Retained Earnings | (2,834,639) | (2,643,647) |
Noncontrolling Interest | 12,395 | 38,939 |
Total liabilities and stockholders’ deficit | 47,256,601 | 47,543,066 |