XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Loss and Comprehensive Loss (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
REVENUES        
Enterprise brand management services $ 150,000
Software copyright
TOTAL REVENUES 150,000
COST OF REVENUES        
TOTAL COST OF REVENUES  
GROSS PROFIT  
OPERATING EXPENSES        
Selling, general and administrative 3,667,011 64,041 3,942,947 6,800,079
Impairment of prepayments 12,949,329
TOTAL OPERATING EXPENSES 3,667,011 64,041 3,942,947 19,749,408
LOSS FROM OPERATIONS (3,667,011) (64,041) (3,792,947) (19,749,408)
OTHER INCOME (EXPENSE)        
Interest income 46,891 47,070
Interest expense (52) (52)
Other income 100,000
Total other income, net 46,839 147,018
LOSS BEFORE INCOME TAXES FROM CONTINUING OPERATIONS (3,620,172) (64,041) (3,645,929) (19,749,408)
PROVISION FOR INCOME TAXES
LOSS FROM CONTINUING OPERATIONS (3,620,172) (64,041) (3,645,929) (19,749,408)
Net loss attributable to noncontrolling interest (102,485) (102,485)
LOSS FROM CONTINUING OPERATIONS ATTRIBUTABLE TO GD CULTURE GROUP LIMITED (3,517,687) (64,041) (3,543,444) (19,749,408)
Loss from discontinued operations, net of taxes (10,358) (61,408) 303,089
Loss on disposal, net of taxes (230) (4,027,930) (230) (4,027,930)
Net loss (3,528,275) (4,091,971) (3,605,082) (23,474,249)
OTHER COMPREHENSIVE LOSS        
Foreign currency translation adjustment 4,291 (261,985) (107,992) (118,184)
COMPREHENSIVE LOSS $ (3,523,984) $ (4,353,956) $ (3,713,074) $ (23,592,433)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES        
Weighted Average Number of Common Shares Basic (in Shares) 3,053,563 1,427,927 2,447,446 1,427,927
Loss per share from continuing operations Basic (in Dollars per share) $ (1.15) $ (0.04) $ (1.45) $ (13.83)
Loss per share from discontinued operations Basic (in Dollars per share) 0 (2.82) (0.03) (2.61)
Loss per share available to common shareholders Basic (in Dollars per share) $ (1.16) $ (2.87) $ (1.47) $ (16.44)
Enterprise Brand Management Services        
COST OF REVENUES        
Enterprise brand management services