$GDC
GD Culture Group Ltd
CIK:0001641398|SEC Filings
Unaudited Interim Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($) |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| OPERATING EXPENSES | ||||||
| Selling and Marketing expenses | $ (1,000,000) | $ (300,000) | $ (1,000,000) | $ (300,000) | ||
| General and administrative expenses | (1,296,954) | (1,022,730) | (2,643,758) | (1,960,607) | ||
| Research and development expenses | (553,000) | (233,333) | (856,000) | (233,333) | ||
| TOTAL OPERATING EXPENSES | (2,849,954) | (1,556,063) | (4,499,758) | (2,493,940) | ||
| LOSS FROM OPERATIONS | (2,849,954) | (1,556,063) | (4,499,758) | (2,493,940) | ||
| OTHER (EXPENSE) INCOME | ||||||
| Interest income | 2,179 | 4,297 | ||||
| Unrealized loss on fair value changes of digital assets | (49,281,243) | (211,764,440) | ||||
| Realized loss on fair value changes of digital assets | (28,799) | (28,799) | ||||
| Sublease income | 97,826 | |||||
| TOTAL (EXPENSE) INCOME | (49,310,042) | 2,179 | (211,695,413) | 4,297 | ||
| LOSS BEFORE INCOME TAXES | (52,159,996) | (1,553,884) | (216,195,171) | (2,489,643) | ||
| LESS: INCOME TAX (EXPENSES) BENEFITS | 1,947 | 54,830 | (28,871) | 13,079 | ||
| NET LOSS | (52,158,049) | (1,499,054) | (216,224,042) | (2,476,564) | ||
| Net loss attributable to noncontrolling interest | (17) | |||||
| Net loss attributable to shareholders of common stock | (52,158,049) | (1,499,054) | (216,224,025) | (2,476,564) | ||
| OTHER COMPREHENSIVE INCOME | ||||||
| - Foreign currency translation adjustment | 23 | 18 | 37 | 24 | ||
| OTHER COMPREHENSIVE INCOME, net of tax | 23 | 18 | 37 | 24 | ||
| COMPREHENSIVE LOSS, net of tax | (52,158,026) | (1,499,036) | (216,224,005) | (2,476,540) | ||
| Comprehensive (loss) income attributable to noncontrolling interest | 6 | 5 | (7) | 7 | ||
| Comprehensive loss attributable to shareholders of common stock | $ (52,158,032) | $ (1,499,041) | $ (216,223,998) | $ (2,476,547) | ||
| WEIGHTED AVERAGE NUMBER OF COMMON STOCKS | ||||||
| Basic (in Shares) | [1] | 977,363 | 79,080 | 620,243 | 62,661 | |
| Diluted (in Shares) | [1] | 977,363 | 79,080 | 620,243 | 62,661 | |
| Loss per share available to common shareholders | ||||||
| Basic (in Dollars per share) | $ (53.4) | $ (19) | $ (348.6) | $ (39.5) | ||
| Diluted (in Dollars per share) | $ (53.4) | $ (19) | $ (348.6) | $ (39.5) | ||
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