XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($)
Preferred Stock
Common Stock
Additional Paid-in Capital
Stock Subscription Receivable
Retained Earnings (Accumulated Deficit) Statutory Reserves
Retained Earnings (Accumulated Deficit) Unrestricted
Accumulated Other Comprehensive Income (Loss)
Total GD Culture Group Limited Shareholders’ Equity
Noncontrolling interest
Total
Balance at Dec. 31, 2021 $ 154 $ 83,038,827 $ (25,165,728) $ (26,019,119) $ 225,857     $ 32,079,991
Balance (in Shares) at Dec. 31, 2021 1,543,793                
Net loss (23,474,249)     (23,474,249)
Issuance of common stock for acquisition Yuanma $ 26 7,679,974     7,680,000
Issuance of common stock for acquisition Yuanma (in Shares) 256,000                
Issuance of common stock for acquisition Highlight Media $ 30 2,249,970 4,467     2,254,467
Issuance of common stock for acquisition Highlight Media (in Shares) 300,000                
The cancellation of the common stock (in Shares) (254,916)                
The cancellation of the common stock $ (26) (32,844,684)     (32,844,710)
Stock subscription receivable from issuance of common stock 25,165,728     25,165,728
Foreign currency translation (118,184)     (118,184)
BALANCE, September 30, 2022 (Unaudited) at Sep. 30, 2022 $ 184 60,124,087 4,467 (49,493,368) 107,673     10,743,043
BALANCE, September 30, 2022 (Unaudited) (in Shares) at Sep. 30, 2022 1,844,877                
Balance at Jun. 30, 2022 $ 154 74,276,715 (16,403,618) (45,401,397) 369,658     12,841,512
Balance (in Shares) at Jun. 30, 2022 1,544,877                
Net loss (4,091,971)     (4,091,971)
Issuance of common stock for acquisition Yuanma    
Issuance of common stock for acquisition Highlight Media $ 30 2,249,970 4,467     2,254,467
Issuance of common stock for acquisition Highlight Media (in Shares) 300,000                
The cancellation of the common stock (16,402,598)     (16,402,598)
Stock subscription receivable from issuance of common stock 16,403,618     16,403,618
Foreign currency translation (261,985)     (261,985)
BALANCE, September 30, 2022 (Unaudited) at Sep. 30, 2022 $ 184 60,124,087 4,467 (49,493,368) 107,673     10,743,043
BALANCE, September 30, 2022 (Unaudited) (in Shares) at Sep. 30, 2022 1,844,877                
Balance at Dec. 31, 2022 $ 184 60,124,087 4,467 (56,841,074) 179,460 $ 3,467,124 3,467,124
Balance (in Shares) at Dec. 31, 2022 1,844,877                
Net loss (3,605,082) (3,605,082) (102,485) (3,707,567)
Reclassification of disposal of TMSR   $ 115 8,618,125         8,618,240   8,618,240
(in Shares)   1,154,519                
Contribution by noncontrolling shareholder 5,486,133 5,486,133
Issuance of common stock for acquisition right, title, and interest in and to the certain software $ 19 749,981 750,000 750,000
Issuance of common stock for acquisition right, title, and interest in and to the certain software (in Shares) 187,500                
The cancellation of the common stock (in Shares) (133,333)                
The cancellation of the common stock $ (13) (947,987) (948,000) (948,000)
Stock subscription receivable from issuance of common stock (1,370,614) (1,370,614) (1,370,614)
Foreign currency translation (107,992) (107,992) (107,992)
BALANCE, September 30, 2022 (Unaudited) at Sep. 30, 2023 $ 305 68,544,206 (1,370,614) 4,467 (60,446,156) 71,468 6,803,676 5,383,648 12,187,324
BALANCE, September 30, 2022 (Unaudited) (in Shares) at Sep. 30, 2023 3,053,563                
Balance at Jun. 30, 2023 $ 305 68,544,206 4,467 (56,917,881) 67,177 11,698,274 11,698,274
Balance (in Shares) at Jun. 30, 2023 3,053,563                
Net loss           (3,528,275)   (3,528,275) (102,485) (3,630,760)
Reclassification of disposal of TMSR
Contribution by noncontrolling shareholder 5,486,133 5,486,133
Issuance of common stock for acquisition right, title, and interest in and to the certain software
The cancellation of the common stock
Stock subscription receivable from issuance of common stock (1,370,614) (1,370,614) (1,370,614)
Foreign currency translation 4,291 4,291 4,291
BALANCE, September 30, 2022 (Unaudited) at Sep. 30, 2023 $ 305 $ 68,544,206 $ (1,370,614) $ 4,467 $ (60,446,156) $ 71,468 $ 6,803,676 $ 5,383,648 $ 12,187,324
BALANCE, September 30, 2022 (Unaudited) (in Shares) at Sep. 30, 2023 3,053,563