For the quarter ending 2026-03-31, GDC had -$641,770 decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net loss | -173,677,898 | 12,088,469 | -2,476,564 |
| Depreciation of equipment | -1,622 | 1,076 | 2,152 |
| Amortization of intangible assets | -486,625 | 361,828 | 424,227 |
| Amortization of right-of-use assets | -213,198 | 77,651 | 206,824 |
| Unrealized loss on fair value changes of digital assets | -178,713,628 | 16,230,431 | - |
| Deferred income tax | 154,069 | -153,911 | - |
| Other-than-temporary impairment losses from convertible note receivables | - | 0 | - |
| Prepaid and other current assets | - | -977,360 | 1,389,522 |
| Other-than-temporary impairment losses from intangible assets | - | 0 | - |
| Other receivables | -9,194 | 0 | 0 |
| Prepayments | -246,654 | - | - |
| Other payables and accrued liabilities | 348,910 | 248,362 | -245,963 |
| Deferred income tax | - | - | 153,911 |
| Lease liabilities | 273,063 | -82,621 | -268,607 |
| Taxes payable | -1,799,256 | 1,677,983 | 140,832 |
| Other-than-temporary impairment losses from convertible note | - | - | 0 |
| Other payables - related parties | -26,660 | -12,374 | 51,558 |
| Net cash used in operating activities | 3,952,421 | -892,697 | -3,708,974 |
| Proceeds from issuance of common stock | - | 0 | 1,451,050 |
| Loan to a third party | - | 0 | 0 |
| Proceeds from issuance of prefunded warrants | - | 0 | 3,602,607 |
| Collection from loan to a third party | - | 0 | 0 |
| Purchase of digital assets | 100,000 | - | - |
| Proceeds from related party loan | - | 0 | 50,000 |
| Net cash used in investing activities | -100,000 | 0 | 0 |
| Proceeds from shareholder loan | - | 0 | 100,000 |
| Repayments to a related party | - | 0 | 399,485 |
| Proceeds from exercise of prefunded warrants | - | 0 | 0 |
| Proceeds from related party loans | 310,000 | - | - |
| Net cash provided by financing activities | -4,494,172 | 0 | 4,804,172 |
| Effect of exchange rate change on cash and cash equivalents | -19 | 9 | 24 |
| Net (decrease) increase in cash and cash equivalents | -641,770 | -892,688 | 1,095,222 |
| Cash and cash equivalents, beginning of period | 225,072 | 22,538 | - |
| Cash and cash equivalents, end of period | 16,805 | 225,072 | - |
GD Culture Group Ltd (GDC)
GD Culture Group Ltd (GDC)