For the year ending 2025-12-31, CDIX has $29,086,945 in assets. $26,014,118 in debts.
| Balance Sheets | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Cash | 318,535 | 1,188,185 | ||
| Accounts receivable, net | 22,070,954 | 15,934,490 | ||
| Prepaid and other current assets | 203,876 | 89,901 | ||
| Total current assets | 22,593,365 | 17,212,576 | ||
| Property and equipment, net | 2,953 | 21,198 | ||
| Land | 540,000 | 540,000 | ||
| Goodwill | 5,666,608 | 5,666,608 | ||
| Right of use assets, net | 214,858 | 406,950 | ||
| Due from related party | 4,979 | 4,979 | ||
| Other assets | 64,182 | 73,368 | ||
| Total assets | 29,086,945 | 23,925,679 | ||
| Due to director and officer | - | 0 | ||
| Accounts payable and accrued expense | 1,760,765 | 1,379,760 | ||
| Accrued expenses - related parties | 4,645,826 | 4,553,057 | ||
| Accrued interest | 707,574 | 429,200 | ||
| Right of use operating lease liabilities | 178,524 | 223,330 | ||
| Notes payable current portion | 125,774 | 312,180 | ||
| Notes payable related parties | 1,085,703 | - | ||
| Line of credit | 17,209,908 | 8,645,991 | ||
| Convertible notes payable, net of debt discounts of 131,705 and 0, respectively | 118,295 | 105,000 | ||
| Net liabilities of discontinued operations | 0 | 238,285 | ||
| Total current liabilities | 25,832,369 | 15,886,803 | ||
| Notes payable | 138,773 | 251,725 | ||
| Operating lease liability long term | 42,976 | 185,877 | ||
| Total liabilities | 26,014,118 | 16,324,405 | ||
| Preferred stock value-Series XSenior Convertible Preferred Stock | - | 1,576,788 | ||
| Preferred stock value-Series RSenior Convertible Preferred Stock | - | 0 | ||
| Preferred stock value-Redeemable Series NSenior Convertible Preferred Stock | 3,802,010 | - | ||
| Preferred stock value-Series NSenior Convertible Preferred Stock | - | 3,339,317 | ||
| Preferred stock value-Redeemable Series XSenior Convertible Preferred Stock | 1,740,478 | - | ||
| Total mezzanine equity | 5,542,488 | 4,916,105 | ||
| Preferred stock value-Series BPreferred Stock | 0 | 5,119,468 | ||
| Preferred stock value-Series CPreferred Stock | 0 | 296 | ||
| Preferred stock value-Series EPreferred Stock | 0 | 701,500 | ||
| Preferred stock value-Series JPreferred Stock | - | 0 | ||
| Preferred stock value-Series F1Preferred Stock | 15,500 | 15,500 | ||
| Preferred stock value-Series IPreferred Stock | 0 | 41,876,368 | ||
| Preferred stock value-Series LPreferred Stock | 1,277,972 | 1,277,972 | ||
| Preferred stock value-Series YSenior Convertible Preferred Stock | 4,271,512 | 3,916,500 | ||
| Common stock 300,000,000 shares authorized, 0.001 par value 13,701,698 and 5,100,971 shares issued and outstanding at december 31, 2025 and 2024, respectively | 13,702 | 15,300 | ||
| Additional paid-in capital | 72,021,848 | 22,711,350 | ||
| Unearned stock-based compensation | 579,215 | - | ||
| Accumulated deficit | -79,490,980 | -72,949,085 | ||
| Total stockholders' (deficit)/equity | -2,469,661 | 2,685,169 | ||
| Total liabilities, mezzanine equity and stockholders' (deficit)/equity | 29,086,945 | 23,925,679 | ||
Cardiff Lexington Corp (CDIX)
Cardiff Lexington Corp (CDIX)