FDCTECH, INC. (FDCT) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
200 SPECTRUM DRIVE IRVINE, CA 92618 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 265 | 94 | 22 | 28 | 210 | |||
| Cash and cash equivalents | 265 | 94 | 22 | 28 | 210 | |||
| Receivables | 66 | 21 | 17 | 16 | 37 | |||
| Other current assets | 436 | 494 | 28 | 5 | 2 | |||
| Other undisclosed current assets | 55 | |||||||
| Total current assets: | 821 | 609 | 67 | 50 | 250 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 38 | 46 | 1,024 | |||||
| Intangible assets, net (including goodwill) | 2,647 | 2,560 | ||||||
| Intangible assets, net (excluding goodwill) | 2,647 | 2,560 | ||||||
| Deferred costs | 690 | 539 | ||||||
| Other noncurrent assets | 23 | |||||||
| Other undisclosed noncurrent assets | 762 | 651 | (392) | |||||
| Total noncurrent assets: | 3,446 | 3,279 | 632 | 690 | 539 | |||
| TOTAL ASSETS: | 4,268 | 3,888 | 699 | 739 | 789 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 634 | 610 | 499 | 317 | 142 | |||
| Interest and dividends payable | ✕ | ✕ | 257 | 197 | 137 | |||
| Taxes payable | ✕ | ✕ | 165 | 125 | 99 | |||
| Accounts payable | 430 | 445 | 117 | 21 | 6 | |||
| Accrued liabilities | 205 | |||||||
| Debt | 597 | 39 | 1,039 | 1,032 | 1,018 | |||
| Other liabilities | 99 | 31 | ||||||
| Due to related parties | ✕ | 81 | ||||||
| Other undisclosed current liabilities | 40 | 46 | 34 | |||||
| Total current liabilities: | 1,371 | 808 | 1,572 | 1,349 | 1,160 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 131 | 140 | 145 | |||||
| Long-term debt, excluding current maturities | 131 | 140 | 145 | |||||
| Liabilities, other than long-term debt | ||||||||
| Deferred income tax liabilities | ✕ | |||||||
| Other undisclosed noncurrent liabilities | 15 | 13 | 21 | |||||
| Total noncurrent liabilities: | 146 | 153 | 166 | |||||
| Total liabilities: | 1,517 | 961 | 1,737 | 1,349 | 1,160 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | 1,406 | 1,625 | (1,038) | (610) | (371) | |||
| Preferred stock | 0 | 0 | 0 | 0 | 0 | |||
| Common stock | 21 | 14 | 7 | 7 | 7 | |||
| Additional paid in capital | 5,726 | 4,842 | 449 | 419 | 401 | |||
| Accumulated other comprehensive loss | (6) | |||||||
| Accumulated deficit | (4,335) | (3,231) | (1,494) | (1,035) | (780) | |||
| Other undisclosed equity, attributable to parent | 0 | |||||||
| Equity, attributable to noncontrolling interest | 1,344 | 1,301 | ||||||
| Other undisclosed equity | (0) | |||||||
| Total equity: | 2,750 | 2,927 | (1,038) | (610) | (371) | |||
| TOTAL LIABILITIES AND EQUITY: | 4,268 | 3,888 | 699 | 739 | 789 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 6,454 | 458 | 215 | 415 | 536 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (5,435) | (415) | (252) | (118) | (9) | ||
| Other undisclosed gross profit | (27) | ||||||
| Gross profit: | 1,019 | 15 | (37) | 298 | 528 | ||
| Operating expenses | (2,062) | (1,776) | (362) | (493) | (607) | ||
| Other undisclosed operating income | 27 | ||||||
| Operating income (loss): | (1,043) | (1,734) | (399) | (196) | (79) | ||
| Nonoperating income (expense) | (61) | (3) | (60) | (60) | (62) | ||
| Investment income, nonoperating | |||||||
| Other nonoperating income (expense) | 0 | 9 | 4 | 0 | (2) | ||
| Interest and debt expense | (62) | (12) | (4) | (60) | (60) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (1,166) | (1,748) | (462) | (316) | (201) | ||
| Other undisclosed income from continuing operations before income taxes | 62 | 12 | 4 | 60 | 60 | ||
| Income (loss) from continuing operations before income taxes: | (1,104) | (1,737) | (458) | (256) | (141) | ||
| Income tax expense | (678) | ||||||
| Income (loss) from continuing operations: | (1,104) | (2,415) | (458) | (256) | (141) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (2,415) | (458) | (256) | (141) | |
| Other undisclosed net income | 678 | ||||||
| Net income (loss): | (1,104) | (1,737) | (458) | (256) | (141) | ||
| Net income (loss) attributable to noncontrolling interest | 1 | (3) | |||||
| Other undisclosed net loss attributable to parent | |||||||
| Net income (loss) attributable to parent: | (1,103) | (1,740) | (458) | (256) | (141) | ||
| Other undisclosed net income available to common stockholders, basic | |||||||
| Net income (loss) available to common stockholders, diluted: | (1,103) | (1,740) | (458) | (256) | (141) | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,104) | (1,737) | (458) | (256) | (141) | ||
| Other comprehensive income | |||||||
| Comprehensive income (loss): | (1,104) | (1,737) | (458) | (256) | (141) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 1 | (3) | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (1,103) | (1,740) | (458) | (256) | (141) | ||
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.