Cover - $ / shares |
3 Months Ended | |
|---|---|---|
Mar. 31, 2025 |
Jun. 08, 2026 |
|
| Cover [Abstract] | ||
| Document Type | 10-Q/A | |
| Amendment Flag | true | |
| Amendment Description | This Amendment No. 2 on Form 10-Q/A (the “Amendment”) to the Quarterly Report on Form 10-Q of FDCTech, Inc. (the “Company”) for the three months ended March 31, 2025 (the “Original Filing”), as filed with the Securities and Exchange Commission (“SEC”) on May 13, 2025, and as previously amended by Amendment No. 1 on Form 10-Q/A filed with the SEC on August 11, 2025 (“Amendment No. 1”), is being filed to restate the Company’s previously issued condensed consolidated financial statements for the three months ended March 31, 2025.As previously disclosed in a Current Report on Form 8-K filed by the Company on June 8, 2026, the Board of Directors of the Company, after consultation with management and the Company’s independent registered public accounting firm, concluded that the Company’s previously issued unaudited condensed consolidated financial statements as of and for the three months ended March 31, 2025 (as included in the Original Filing and Amendment No. 1) should no longer be relied upon because of errors in those financial statements. The Company is filing this Amendment No. 2 to restate the affected financial statements in accordance with Accounting Standards Codification (“ASC”) Topic 250, “Accounting Changes and Error Corrections.” This Amendment No. 2 amends and restates Items 1, 2, and 4 of Part I of the Original Filing, as previously amended. The restatement adjustments are described in detail in Note 2 to the unaudited condensed consolidated financial statements included in this Amendment. The principal restatement items relate to: (i) reclassification of a subscription receivable from current assets to a contra-equity account; (ii) recognition of 500,000 shares of common stock issued in October 2021 that were not previously recorded in the Company’s share register; (iii) separate presentation of restricted cash representing client funds segregated under regulatory requirements; (iv) correction of the noncontrolling interest walk in accordance with ASC 810-10; (v) correction of the allocation of accumulated other comprehensive income in accordance with ASC 220-10; (vi) corrections to the results of operations, principally within other income (expense), which increased net income for the three months ended March 31, 2025 by $209,574; (vii) the reclassification of Alchemytech Ltd. cost of sales from the Technology & software segment to the brokerage segment; and (viii) the remeasurement of the right-of-use asset and operating lease liabilities under ASC 842. In accordance with Rule 12b-15 under the Securities Exchange Act of 1934, as amended, this Amendment No. 2 includes currently-dated certifications from the Company’s Chief Executive Officer and Chief Financial Officer as required by Sections 302 and 906 of the Sarbanes-Oxley Act of 2002, filed as exhibits hereto. Except as expressly set forth in this Amendment No. 2, this Amendment does not, and does not purport to, amend, update, or restate any other information or disclosures contained in the Original Filing or Amendment No. 1, or reflect any events occurring after the date of the Original Filing. Accordingly, this Amendment No. 2 should be read in conjunction with the Company’s filings with the SEC subsequent to the Original Filing. | |
| Document Quarterly Report | true | |
| Document Transition Report | false | |
| Document Period End Date | Mar. 31, 2025 | |
| Document Fiscal Period Focus | Q1 | |
| Document Fiscal Year Focus | 2025 | |
| Current Fiscal Year End Date | --12-31 | |
| Entity File Number | 000-56338 | |
| Entity Registrant Name | FDCTECH, INC. | |
| Entity Central Index Key | 0001722731 | |
| Entity Tax Identification Number | 81-1265459 | |
| Entity Incorporation, State or Country Code | DE | |
| Entity Address, Address Line One | 200 Spectrum Center Drive | |
| Entity Address, Address Line Two | Suite 300 | |
| Entity Address, City or Town | Irvine | |
| Entity Address, State or Province | CA | |
| Entity Address, Postal Zip Code | 92618 | |
| City Area Code | (877) | |
| Local Phone Number | 445-6047 | |
| Title of 12(b) Security | Common Stock, par value $0.0001 | |
| Trading Symbol | FDCT | |
| Entity Current Reporting Status | Yes | |
| Entity Interactive Data Current | Yes | |
| Entity Filer Category | Non-accelerated Filer | |
| Entity Small Business | true | |
| Entity Emerging Growth Company | true | |
| Elected Not To Use the Extended Transition Period | false | |
| Entity Shell Company | false | |
| Entity Common Stock, Shares Outstanding | 423,084,729 | |
| Entity Listing, Par Value Per Share | $ 0.0001 |