GD Culture Group Ltd (GDC) Financial Statements (2026 and earlier)

Company Profile

Business Address 111 TOWN SQUARE PLACE
JERSEY CITY, NJ 07310
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 505 - Metals And Minerals, Except Petroleum (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments456235,17638914,5884,294
Cash and cash equivalent456235,17638914,588999
Short-term investments      3,295
Receivables4292,6021,2211,3391,857
Inventory, net of allowances, customer advances and progress billings     41,047
Inventory     41,047
Prepaid expense332 1,291  4,781
Other undisclosed current assets  9   
Total current assets:829329,0781,61015,93111,979
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization     2369
Operating lease, right-of-use asset9881,3421,561   
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization3813128483
Intangible asset, including goodwill, after accumulated amortization5,090(1,649)  6,59112,877
Goodwill  (2,751)  6,59011,650
Intangible asset, excluding goodwill, after accumulated amortization5,0901,102  01,227
Prepaid expense     27,707 
Deferred income tax assets  627    
Other noncurrent assets2512513,5592,190  
Other undisclosed noncurrent assets662,9972,124   127
Total noncurrent assets:669,3292,7035,1322,19134,60413,156
TOTAL ASSETS:670,1592,73514,2103,80150,53525,135
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities591544 1365,7901,199
Taxes payable✕✕✕✕✕2,24673
Accounts payable    1273,5441,126
Accrued liabilities591544 8  
Debt      475
Due to related parties✕✕✕✕196466 
Other undisclosed current liabilities623930403212,1901,515
Total current liabilities:1,2141,47440333418,4473,189
Noncurrent Liabilities
Liabilities, other than long-term debt8021,2581,318   
Deferred income tax liabilities  154    
Other liabilities802     
Operating lease, liability  1,1051,318   
Other undisclosed noncurrent liabilities   328 934
Total noncurrent liabilities:8021,2581,646 934
Total liabilities:2,0172,7322,04933418,4553,222
Equity
Equity, attributable to parent, including:667,858(282)8,3483,46732,08021,913
Common stock611053
Additional paid in capital937,77182,75977,53060,12483,03420,022
Accumulated other comprehensive income153153175179226936
Retained earnings (accumulated deficit)(270,071)(83,194)(69,358)(56,841)(26,019)952
Stockholders' equity note, subscriptions receivable     (25,166) 
Other undisclosed equity, attributable to parent    4  
Equity, attributable to noncontrolling interest2842843,814   
Total equity:668,142312,1613,46732,08021,913
TOTAL LIABILITIES AND EQUITY:670,1592,73514,2103,80150,53525,135

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues33  15325,03011,853
Sublease income33     
Cost of revenue    (98)(16,780)(10,748)
Cost of product and service sold      (10,748)
Gross profit:33  568,2501,105
Operating expenses(8,463)(14,162)(11,991)(479)(22,897)(2,058)
Other undisclosed operating loss(33)     
Operating loss:(8,463)(14,162)(11,991)(423)(14,647)(953)
Nonoperating income (expense)(178,469)9104(0)118(3,895)
Investment income, nonoperating695(0)(11,171)14
Other nonoperating income (expense)   100  (3)
Interest and debt expense  (2)(0) (0)(18)
Loss from continuing operations before equity method investments, income taxes:(186,932)(14,155)(11,887)(424)(14,529)(4,867)
Other undisclosed income from continuing operations before income taxes  200018
Loss from continuing operations before income taxes:(186,932)(14,153)(11,887)(424)(14,529)(4,849)
Income tax expense (benefit)5532(328) (1,295)61
Other undisclosed loss from continuing operations(55)     
Loss from continuing operations:(186,932)(14,121)(12,214)(424)(15,824)(4,788)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(15,800)(4,788)
Income (loss) from discontinued operations    (30,822)24 
Other undisclosed net income (loss)55 (2,132) (11,171) 
Net loss:(186,877)(14,121)(14,347)(31,245)(26,971)(4,788)
Net income attributable to noncontrolling interest02851,825   
Other undisclosed net income attributable to parent   424 7,299
Net income (loss) available to common stockholders, diluted:(186,877)(13,836)(12,522)(30,822)(26,971)2,510

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net loss:(186,877)(14,121)(14,347)(31,245)(26,971)(4,788)
Other comprehensive income   151   
Other undisclosed comprehensive income (loss)0(117)    
Comprehensive loss:(186,877)(14,237)(14,196)(31,245)(26,971)(4,788)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest03781,670(46)(710) 
Other undisclosed comprehensive income, net of tax, attributable to parent    424 9,067
Comprehensive income (loss), net of tax, attributable to parent:(186,877)(13,859)(12,526)(30,868)(27,681)4,278

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.

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