v3.26.1
Consolidated Balance Sheets - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 163,400 $ 13,850,168
Restricted cash (client funds, segregated) 17,451,322 11,526,789
Accounts receivable, net of allowance for doubtful accounts of $22,382 and $22,382, respectively 305,872 25,000
Prepaid expenses – current 437,222 156,335
Related party receivable 5,724,710 1,682,450
Total Current assets 24,082,526 27,240,742
Fixed assets, net 193,886 185,195
Other Non-Current assets    
Prepaid – non-current 58,750
Capitalized software, net 1,387,486 1,163,309
Investment through a subsidiary 36,062 36,062
Accrued income 2,758,908 2,073,193
Acquired intangible assets 1,363,388 1,317,108
Tax receivable 190,346 167,907
Fair value of trading positions for the firm, profit 1,195,378 607,157
Right of use (lease) 854,551 978,254
Total assets 32,121,281 33,768,927
Current liabilities:    
Accounts payable 320,921 229,316
Line of credit 179,374 115,337
Accrued expenses, related party 532,000 519,500
Business acquisition loan 350,000 350,000
Cares act- paycheck protection program advance 0 5,661
Related party advances 2,722,615 7,992,840
Client funds payable 17,451,322 11,526,789
Operating lease liability, current 187,044 181,580
Other current liabilities 980,036 5,328,110
Total Current liabilities 22,723,312 26,249,133
Deferred tax liabilities 377,975 333,418
SBA loan – non-current 107,805 114,184
Operating lease liability, non-current 390,407 530,348
Accrued interest – non-current 45,379 70,493
Total liabilities 23,644,878 27,297,576
Commitments and Contingencies (Note 8)
Stockholders’ Deficit:    
Common stock, par value $0.0001, 500,000,000 shares authorized; 423,084,729 and 391,084,729 shares issued and outstanding, as of September 30, 2025, and December 31, 2024 42,308 39,108
Additional paid-in capital, including Common, Series A and Series B Preferred 18,209,434 16,883,620
Subscription receivable (8,000,000) (8,000,000)
Accumulated other comprehensive income 23,803 (72,781)
Accumulated deficit (1,885,726) (2,396,102)
Total FDCTech, Inc. stockholders’ equity (deficit) 8,390,506 6,454,531
Noncontrolling interest 85,897 16,820
Total Stockholders’ Equity 8,476,403 6,471,351
Total liabilities and stockholders’ equity (deficit) 32,121,281 33,768,927
Series A Preferred Stock [Member]    
Stockholders’ Deficit:    
Preferred stock, value 450 450
Series B Preferred Stock [Member]    
Stockholders’ Deficit:    
Preferred stock, value 237 236
Related Party [Member]    
Current assets:    
Related party receivable $ 5,724,710 $ 1,682,450