10-Q
Quarterly Report
FDCTECH, INC.
FDCT
CIK: 1722731
File #: 000-56338
Balance Sheet
52 line items · 2 periods
XBRL
| Item | Sep 30, 2024 | Dec 31, 2023 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and Cash Equivalents | 27,989,417 | 31,316,461 |
Accounts Receivable | 29,500 | 1,029,000 |
Other Non-Operating Current Assets | 178,754 | 403,191 |
Total Stockholders' Equity | 8,200,000 | 8,200,000 |
Accounts Receivable | 1,187,686 | — |
Total Current assets | 37,585,357 | 40,948,652 |
Other Non-Current Assets | 972,299 | 1,087,543 |
Other Non-Operating Current Assets | 36,062 | 36,062 |
Accrued income | 880,910 | 1,035,619 |
Intangible Assets | 1,318,188 | 1,305,493 |
Related party guarantee | 1,380,309 | 1,353,170 |
Deferred Tax Assets, Non-Current | 180,760 | 177,206 |
Fair value of trading positions for the firm, profit | 524,625 | 1,396,066 |
Operating Lease Right-of-Use Asset | — | 39,683 |
Property, Plant and Equipment | 378,240 | 163,572 |
Total assets | 43,256,750 | 47,543,066 |
Liabilities and Stockholders’ Deficit | ||
Current liabilities: | ||
Accounts Payable | 323,253 | 179,979 |
Short-Term Debt | 30,755 | 60,742 |
Related Party | 519,500 | 534,500 |
Business acquisition loan | 375,000 | 350,000 |
Cares act- paycheck protection program advance | 10,158 | 20,652 |
Related party advances | 257,679 | 793,339 |
Other Current Liabilities | 21,576,937 | 30,220,270 |
Fair value of trading positions for the firm, loss | 464,019 | 520,808 |
Operating Lease Liability, Current | — | 36,419 |
Other Non-Operating Current Liabilities | 5,470,877 | 770,984 |
Total Current liabilities | 29,028,178 | 33,487,693 |
Deferred Tax Liabilities, Current | 358,939 | 846,581 |
SBA loan – non-current | 116,310 | 122,689 |
Operating Lease Liability, Non-Current | — | 3,264 |
Other Current Liabilities | 75,226 | 33,062 |
Total liabilities | 29,578,653 | 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 | 13,647,098 | 15,389,569 |
Preferred Stock | 3,329,964 | — |
Total Stockholders' Equity | 139,592 | 225,228 |
Total Stockholders' Equity | (3,488,102) | (2,643,647) |
Total FDCTech, Inc. stockholders’ equity (deficit) | 13,668,296 | 13,010,838 |
Preferred Stock | 686 | 830 |
Common Stock | 39,058 | 38,858 |
Additional Paid-in Capital | 16,977,062 | 15,389,569 |
AOCI Attributable to Parent | 139,592 | 225,228 |
Retained Earnings | (3,488,102) | (2,643,647) |
Noncontrolling Interest | 9,801 | 38,939 |
Total liabilities and stockholders’ deficit | 43,256,750 | 47,543,066 |