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Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 1,647,148 $ 389,108
Accounts receivable, net 150,000 194,520
Other receivables, net 146,575 1,026,293
Prepayments 4,582,684
Total current assets 6,626,407 1,609,921
NON-CURRENT ASSETS    
Plant and equipment, net 8,866 502
Operating lease right-of-use assets, net 1,683,518
Goodwill 2,190,485
Intangible assets, net 3,087,500
Long-term investments, net 2,500,000
Total non-current assets 7,279,884 2,190,987
Total assets 13,906,291 3,800,908
CURRENT LIABILITIES    
Accounts payable 3,838 127,475
Other payables and accrued liabilities 2,729 2,099
Current portion of operating lease liabilities 324,162
Taxes payable 8,478
Total current liabilities 330,729 333,784
NON-CURRENT LIABILITIES    
Non-current portion of operating lease liabilities 1,388,238
Total non-current liabilities 1,388,238
Total liabilities 1,718,967 333,784
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value, 20,000,000 shares authorized, no shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively
Common stock, $0.0001 par value, 200,000,000 shares authorized, 3,053,563 and 1,844,877 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 305 184
Stock subscription receivable (1,370,614)
Additional paid-in capital 68,544,206 60,124,087
Statutory reserves 4,467 4,467
Accumulated deficit (60,446,156) (56,841,074)
Accumulated other comprehensive income 71,468 179,460
Total GD Culture Group Limited shareholders’ equity 6,803,676 3,467,124
Noncontrolling interest 5,383,648
Total shareholders’ equity 12,187,324 3,467,124
Total liabilities and shareholders’ equity 13,906,291 3,800,908
Related Party    
CURRENT ASSETS    
Prepaid expense - related party 100,000
CURRENT LIABILITIES    
Other payables - related parties $ 195,732