$GDC
GD Culture Group Ltd

2021 Q3 Form 10-Q Financial Statement

#000121390021061248 Filed on November 22, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2020 Q3
Revenue $2.666M $2.470M
YoY Change 7.92% -63.35%
Cost Of Revenue $40.66K $2.390M
YoY Change -98.3% -58.43%
Gross Profit $2.625M $80.00K
YoY Change 3181.3% -91.84%
Gross Profit Margin 98.47% 3.24%
Selling, General & Admin $5.853M $430.0K
YoY Change 1261.07% -45.57%
% of Gross Profit 222.95% 537.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $531.0K $0.00
YoY Change -100.0%
% of Gross Profit 20.23% 0.0%
Operating Expenses $5.853M $420.0K
YoY Change 1293.48% -46.84%
Operating Profit -$3.228M -$340.0K
YoY Change 849.28% -278.95%
Interest Expense $15.74K $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net $557.1K $0.00
YoY Change
Pretax Income -$2.655M -$350.0K
YoY Change 658.49% -284.21%
Income Tax
% Of Pretax Income
Net Earnings -$2.639M -$490.0K
YoY Change 438.58% -476.92%
Net Earnings / Revenue -99.0% -19.84%
Basic Earnings Per Share -$0.15
Diluted Earnings Per Share -$70.17K -$17.02K
COMMON SHARES
Basic Shares Outstanding 1.369M shares
Diluted Shares Outstanding 1.369M shares

Balance Sheet

Concept 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.384M $4.620M
YoY Change 81.47% 225.35%
Cash & Equivalents $8.384M $1.460M
Short-Term Investments $0.00 $3.160M
Other Short-Term Assets $21.92M $4.880M
YoY Change 349.11% 59.48%
Inventory $13.47K $1.430M
Prepaid Expenses
Receivables $1.580M
Other Receivables $609.0K $100.0K
Total Short-Term Assets $30.92M $12.60M
YoY Change 145.42% -5.97%
LONG-TERM ASSETS
Property, Plant & Equipment $5.241M $290.0K
YoY Change 1707.08% -94.75%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00
YoY Change
Total Long-Term Assets $16.13M $16.36M
YoY Change -1.4% -26.14%
TOTAL ASSETS
Total Short-Term Assets $30.92M $12.60M
Total Long-Term Assets $16.13M $16.36M
Total Assets $47.05M $28.96M
YoY Change 62.48% -18.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $136.5K $1.070M
YoY Change -87.24% -56.68%
Accrued Expenses $0.00 $190.0K
YoY Change -100.0% 46.15%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $460.0K
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $11.50M $4.300M
YoY Change 167.42% -65.74%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $0.00 $60.00K
YoY Change -100.0% -66.67%
Total Long-Term Liabilities $60.00K
YoY Change -81.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.50M $4.300M
Total Long-Term Liabilities $60.00K
Total Liabilities $11.50M $4.370M
YoY Change 163.13% -66.05%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $35.56M $24.60M
YoY Change
Total Liabilities & Shareholders Equity $47.05M $28.96M
YoY Change 62.48% -18.54%

Cashflow Statement

Concept 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income -$2.639M -$490.0K
YoY Change 438.58% -476.92%
Depreciation, Depletion And Amortization $531.0K $0.00
YoY Change -100.0%
Cash From Operating Activities -$11.27M -$460.0K
YoY Change 2348.93% -165.71%
INVESTING ACTIVITIES
Capital Expenditures -$37.60K -$10.00K
YoY Change 276.0%
Acquisitions
YoY Change
Other Investing Activities $1.154M $40.00K
YoY Change 2785.72%
Cash From Investing Activities $1.117M $30.00K
YoY Change 3622.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.00 -60.00K
YoY Change -99.98% -88.24%
NET CHANGE
Cash From Operating Activities -11.27M -460.0K
Cash From Investing Activities 1.117M 30.00K
Cash From Financing Activities -10.00 -60.00K
Net Change In Cash -10.15M -490.0K
YoY Change 1971.1% -357.89%
FREE CASH FLOW
Cash From Operating Activities -$11.27M -$460.0K
Capital Expenditures -$37.60K -$10.00K
Free Cash Flow -$11.23M -$450.0K
YoY Change 2394.99% -164.29%

Facts In Submission

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Files In Submission

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