NOTE 11. NONCONTROLLING INTEREST

Basis of presentation. Noncontrolling interest (“NCI”) represents the equity in consolidated subsidiaries that is not attributable, directly or indirectly, to the Company. The Company consolidates entities in which it holds a controlling financial interest and reports the portion of net income (loss), other comprehensive income (loss), and net assets attributable to the minority owners as noncontrolling interest in accordance with ASC 810, Consolidation. NCI is presented within total stockholders’ equity (deficit) on the consolidated balance sheets, separately from the equity attributable to the stockholders of FDCTech, Inc., and net income (loss) and comprehensive income (loss) attributable to NCI are presented separately on the face of the consolidated statements of operations and of comprehensive income (loss). Transactions with noncontrolling interest holders that do not result in a loss of control are accounted for as equity transactions, with no gain or loss recognized in net income; any difference between consideration and the carrying amount of the NCI acquired or relinquished is recognized directly in additional paid-in capital.

Subsidiaries with noncontrolling interests. The Company’s noncontrolling interest consists of the 49% minority interest in AD Advisory Services Pty Ltd. (“ADS”), held since the Company obtained control of ADS. The Company holds a controlling financial interest in ADS and consolidates its results, attributing the proportionate share of its earnings, other comprehensive income (loss), and net assets to the noncontrolling interest holders. No noncontrolling interest is recognized for wholly owned subsidiaries.

Changes in noncontrolling interest — nine months ended September 30, 2025. The carrying amount of noncontrolling interest was $16,820 at December 31, 2024. During the nine months ended September 30, 2025, the Company attributed net income of $113,542 and other comprehensive income of $7,114 to NCI — total comprehensive income attributable to NCI of $120,656 — and recorded other changes in noncontrolling interest of $(51,579), resulting in a noncontrolling interest balance of $85,897 at September 30, 2025. Other changes in noncontrolling interest principally comprise the effect of changes in ownership of, and the AML buyout / cumulative translation reclassification attributable to, the noncontrolling interest holders.

Three months ended September 30, 2025. During the three months ended September 30, 2025, the Company attributed net income of $79,765 and other comprehensive income of $1,726 to NCI — total comprehensive income attributable to NCI of $81,491 — and recorded other changes in noncontrolling interest of $(37,202), changing the noncontrolling interest balance from $41,608 at June 30, 2025, to $85,897 at September 30, 2025. Other changes in noncontrolling interest principally comprise the effect of changes in ownership of, and the AML buyout / cumulative translation reclassification attributable to, the noncontrolling interest holders.

Comparative period (fiscal year ended December 31, 2024). The carrying amount of noncontrolling interest was $38,939 at the beginning of fiscal 2024. During the fiscal year ended December 31, 2024 (restated), the Company attributed a net loss of $(10,958) and other comprehensive income of $11,001 to NCI — total comprehensive income attributable to NCI of $43 — and recorded other changes in noncontrolling interest of $(22,162), reducing the balance to $16,820 at December 31, 2024. Other changes in noncontrolling interest principally comprise distributions to, and the effect of changes in ownership of, the noncontrolling interest holders.

The following table presents the activity in the noncontrolling interest balance for the three and nine months ended September 30, 2025, including the comparative roll-forward to December 31, 2024:

   SCHEDULE OF NON CONTROLLING INTEREST

NOTE 12. COMPREHENSIVE INCOME

The Company’s other comprehensive income (OCI) comprises foreign currency translation adjustments from subsidiaries that do not use the U.S. dollar as their functional currency.

The following table shows the changes in AOCI by component for the three months ending September 30, 2025, and 2024:

SCHEDULE OF CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table shows the changes in AOCI by component for the nine months ending September 30, 2025, and 2024: