10-K
Annual Report
FDCTECH, INC.
CIK: 1722731
File #: 000-56338
Balance Sheet
127 line items · 2 periods
XBRL
| Item | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and Cash Equivalents | 17,669,749 | 25,376,957 |
Adjustment B | 3,500,000 | 44,058 |
Adjustment C | 3,574,201 | — |
Adjustment D | 7,713,827 | — |
Adjustment D - Related Party | 7,713,827 | 7,713,827 |
Adjustment E | 8,200,000 | — |
Revision of Prior Period, Error Correction, Adjustment | — | 595,568 |
Previously Reported | — | 24,781,389 |
Accounts receivable, net | 188,415 | 25,000 |
Alchemy Capital Markets Ltd | 40,883,329 | — |
Previously Reported | — | 25,000 |
Other Non-Operating Current Assets | 353,089 | 156,335 |
Previously Reported | — | 156,335 |
Total related party receivable | 37,477,356 | 1,682,450 |
AIL Intercompany Receivable (Post-Acquisition) | 37,579,900 | — |
FDC Loan Receivables and Advances | 3,165,290 | 1,682,450 |
AML Due from Related Parties, Net | 3,300,538 | — |
FXPIG Due from | 32,704 | — |
Adjustment F | — | 732,375 |
Adjustment G | — | 54,750 |
Revision of Prior Period, Error Correction, Adjustment | — | (732,375) |
Previously Reported | — | 2,414,825 |
Total Current Assets | 55,688,609 | 27,240,742 |
Revision of Prior Period, Error Correction, Adjustment | — | (8,336,807) |
Previously Reported | — | 35,577,549 |
Property, Plant and Equipment | 199,058 | 185,195 |
Previously Reported | — | 185,195 |
Other Non-Current Assets | ||
Other Non-Current Assets | 1,480,246 | 1,163,309 |
Previously Reported | — | 1,163,309 |
Other Non-Operating Current Assets | 36,062 | 36,062 |
Previously Reported | — | 36,062 |
Accrued income | 279,889 | 2,073,193 |
Previously Reported | — | 2,073,193 |
Intangible Assets | 1,326,062 | 1,317,108 |
Previously Reported | — | 1,317,108 |
Other Non-Operating Non-Current Assets | 244,008 | — |
Deferred Tax Assets, Current | 2,803,041 | 167,907 |
Fair value of trading positions for the firm, profit | 1,183,873 | 607,157 |
Previously Reported | — | 607,157 |
Operating Lease Right-of-Use Asset | 530,348 | 711,928 |
Previously Reported | — | 711,928 |
Total assets | 63,771,196 | 33,502,601 |
Revision of Prior Period, Error Correction, Adjustment | — | (8,336,807) |
Previously Reported | — | 41,839,408 |
Liabilities and Stockholders’ Deficit | ||
Current liabilities: | ||
Accounts Payable | 166,212 | 229,316 |
Patrick G. Cann | 25,512,642 | — |
Short-Term Debt | 111,352 | 115,337 |
Other Current Liabilities | 532,287 | 519,500 |
Related Party | 532,287 | 519,500 |
Accrued Payroll Mitchell M. Eaglstein | 241,000 | 246,000 |
Accrued Payroll Imran Firoz | 286,000 | 273,500 |
ATECH Accrued Expenses | 5,287 | — |
Other Accrued Related Party | — | 519,500 |
Business acquisition loan | 2,350,000 | 350,000 |
Cares act- paycheck protection program advance | — | 5,661 |
Related party advances | 29,197,470 | 7,992,840 |
AIL Due to Alchemy DMCC (Post-Acquisition) | 25,512,642 | 7,713,827 |
FDC Due to Alchemy DMCC | 536,504 | — |
FDC Related Party Advances, Net | 33,000 | 33,000 |
ADS Related Party Loan | 4,711 | 3,536 |
AML Due To AMLUS | 720,644 | 140,682 |
ATECH Related Party Loan | — | 101,795 |
Revision of Prior Period, Error Correction, Adjustment | — | 6,981,452 |
Previously Reported | — | 1,011,388 |
Other Current Liabilities | 5,813,888 | 11,526,789 |
Revision of Prior Period, Error Correction, Adjustment | — | (7,074,201) |
Previously Reported | — | 18,600,990 |
Operating Lease Liability, Current | 501,236 | 319,656 |
Other Non-Operating Current Liabilities | 2,132,993 | 5,328,110 |
Total Current liabilities | 40,805,438 | 26,387,209 |
Revision of Prior Period, Error Correction, Adjustment | — | (92,749) |
Previously Reported | — | 26,479,958 |
Deferred Tax Liabilities, Current | 377,975 | 333,418 |
SBA loan – non-current | 105,678 | 114,184 |
Operating Lease Liability, Non-Current | 29,112 | 392,272 |
Other Current Liabilities | 42,396 | 70,493 |
Total liabilities | 41,360,599 | 27,297,576 |
Revision of Prior Period, Error Correction, Adjustment | — | (92,749) |
Previously Reported | — | 27,390,325 |
Stockholders’ Deficit: | ||
Series A Preferred Stock | 450 | 450 |
Series B Preferred Stock | 237 | 236 |
Previously Reported - Series A Preferred Stock | — | 450 |
Previously Reported - Series B Preferred Stock | — | 236 |
Total Stockholders' Equity | 42,308 | 39,108 |
Revision of Prior Period, Error Correction, Adjustment | — | 50 |
Previously Reported | — | 39,058 |
Total Stockholders' Equity | 26,900,000 | 16,883,620 |
Revision of Prior Period, Error Correction, Adjustment | — | (125,789) |
Previously Reported | — | 17,009,409 |
Adjustment A Sub receivable | — | (200,000) |
Adjustment B Correction | — | 74,211 |
Subscription receivable | (8,000,000) | (8,000,000) |
Revision of Prior Period, Error Correction, Adjustment | — | 44,058 |
Previously Reported | — | 8,244,058 |
Revision of Prior Period, Reclassification, Adjustment | — | 8,200,000 |
Total Stockholders' Equity | 313,484 | (72,781) |
Revision of Prior Period, Error Correction, Adjustment | — | (19,511) |
Previously Reported | — | (53,270) |
Adjustment B Correction | — | (19,511) |
Total Stockholders' Equity | 3,120,795 | (2,662,428) |
Adjustment B | — | (44,058) |
Revision of Prior Period, Error Correction, Adjustment | — | (98,808) |
Previously Reported | — | (2,563,620) |
Adjustment B Correction | — | (98,808) |
Total FDCTech, Inc. stockholders’ equity (deficit) | 22,377,274 | 6,188,205 |
Preferred Stock | 687 | 686 |
Common Stock | 42,308 | 39,108 |
Additional Paid-in Capital | 26,900,000 | 16,883,620 |
AOCI Attributable to Parent | 313,484 | (72,781) |
Subscription Receivable | (8,000,000) | (8,000,000) |
Retained Earnings | 3,120,795 | (2,662,428) |
Adjustment F | — | 732,375 |
Revision of Prior Period, Error Correction, Adjustment | — | (8,244,058) |
Previously Reported | — | 14,432,263 |
Adjustment A Sub receivable | — | (8,200,000) |
Adjustment B Correction | — | (44,108) |
Noncontrolling Interest | 33,323 | 16,820 |
Previously Reported | — | 16,820 |
Total liabilities and stockholders’ equity (deficit) | 63,771,196 | 33,502,601 |
Revision of Prior Period, Error Correction, Adjustment | — | (8,336,807) |
Previously Reported | — | 41,839,408 |