Ault Disruptive Technologies Corporation (ADRT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
11411 SOUTHERN HIGHLANDS PKWY 240 LAS VEGAS, NV 89141 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 677 - Blank Checks (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)Annual | Quarterly
| 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 134,548 | 163,235 | 158,164 | 483,162 | 126,322 | 206,527 | |||
| Cash and cash equivalent | 134,548 | 163,235 | 158,164 | 483,162 | 126,322 | 206,527 | |||
| Asset, held-in-trust | 119,254,187 | ||||||||
| Other undisclosed current assets | 63,750 | 10,873 | 108,734 | 206,595 | 241,296 | 391,443 | |||
| Total current assets: | 198,298 | 174,108 | 266,898 | 689,757 | 119,621,805 | 597,970 | |||
| Noncurrent Assets | |||||||||
| Long-term investments and receivables | 2,142,695 | ||||||||
| Long-term investments | 2,142,695 | ||||||||
| Asset, held-in-trust | 794,457 | 2,200,308 | 2,171,423 | ||||||
| Deferred income tax assets | 969 | 27,062 | 27,062 | 27,062 | 27,062 | ||||
| Other undisclosed noncurrent assets | 118,203,996 | ||||||||
| Total noncurrent assets: | 795,426 | 2,200,308 | 2,198,485 | 2,169,757 | 27,062 | 118,231,058 | |||
| TOTAL ASSETS: | 993,724 | 2,374,416 | 2,465,383 | 2,859,514 | 119,648,867 | 118,829,028 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 323,768 | 305,922 | 339,649 | 544,379 | 760,122 | 345,955 | |||
| Accounts payable | 212,886 | 256,937 | 288,693 | 500,760 | 136,276 | 60,952 | |||
| Accrued liabilities | 110,882 | 48,985 | 50,956 | 43,619 | 623,846 | 285,003 | |||
| Other undisclosed current liabilities | 2,235,729 | 1,883,374 | 1,679,547 | 1,883,517 | 118,722,204 | 200,000 | |||
| Total current liabilities: | 2,559,497 | 2,189,296 | 2,019,196 | 2,427,896 | 119,482,326 | 545,955 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed noncurrent liabilities | 3,450,000 | 3,450,000 | 3,450,000 | 3,450,000 | 3,450,000 | 3,450,000 | |||
| Total noncurrent liabilities: | 3,450,000 | 3,450,000 | 3,450,000 | 3,450,000 | 3,450,000 | 3,450,000 | |||
| Total liabilities: | 6,009,497 | 5,639,296 | 5,469,196 | 5,877,896 | 122,932,326 | 3,995,955 | |||
| Equity | |||||||||
| Equity, attributable to parent | (5,805,661) | (5,466,437) | (5,183,291) | (4,969,361) | (3,283,459) | (2,967,108) | |||
| Common stock | 2,875 | 2,875 | 2,875 | 2,875 | 2,875 | 2,875 | |||
| Accumulated deficit | (5,808,536) | (5,469,312) | (5,186,166) | (4,972,236) | (3,286,334) | (2,969,983) | |||
| Other undisclosed equity | 789,888 | 2,201,557 | 2,179,478 | 1,950,979 | 117,800,181 | ||||
| Total equity: | (5,015,773) | (3,264,880) | (3,003,813) | (3,018,382) | (3,283,459) | 114,833,073 | |||
| TOTAL LIABILITIES AND EQUITY: | 993,724 | 2,374,416 | 2,465,383 | 2,859,514 | 119,648,867 | 118,829,028 | |||
Income Statement (P&L) (USD)Annual | Quarterly
| 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | (1) | 659,000 | 192,339 | (1,235,000,000) | ||||
| Net investment income | (1) | 659,000 | 192,339 | |||||
| Cost of revenue (Cost of Product and Service Sold) | (314,958) | (272,948) | (213,305) | (455,964) | (358,888) | (296,254) | ||
| Gross profit: | (314,958) | (272,949) | (213,305) | 203,036 | (166,549) | (1,235,296,254) | ||
| Other undisclosed operating income (loss) | 1 | (659,000) | (192,339) | 1,235,000,000 | ||||
| Operating loss: | (314,958) | (272,948) | (213,305) | (455,964) | (358,888) | (296,254) | ||
| Nonoperating income (expense) | 4,905 | 18,687 | 22,603 | 1,279,341 | 1,253,403 | 986,733 | ||
| Investment income, nonoperating | 20,963 | |||||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (16,000) | 7,375 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (310,053) | (270,261) | (190,702) | 823,377 | 894,515 | 697,854 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 16,000 | (7,375) | ||||||
| Income (loss) from continuing operations before income taxes: | (310,053) | (254,261) | (190,702) | 823,377 | 894,515 | 690,479 | ||
| Income tax expense (benefit) | 242 | (6,806) | 205,270 | (298,033) | (338,843) | (250,532) | ||
| Net income (loss) attributable to parent: | (309,811) | (261,067) | 14,568 | 525,344 | 555,672 | 439,947 | ||
| Other undisclosed net loss available to common stockholders, basic | (351,957) | |||||||
| Net income (loss) available to common stockholders, diluted: | (309,811) | (261,067) | 14,568 | 525,344 | 555,672 | 87,990 | ||
Comprehensive Income (USD)Annual | Quarterly
| 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (309,811) | (261,067) | 14,568 | 525,344 | 555,672 | 439,947 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (309,811) | (261,067) | 14,568 | 525,344 | 555,672 | 439,947 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.