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v3.23.3

Segment Reporting (Tables) | 9 Months Ended
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Sep. 30, 2023
Segment Reporting [Abstract] |
Schedule of Long-lived Assets, Total Assets and Statements of Operations by Segment | The following sets forth the long-lived assets and total assets by segment at September 30, 2023: Schedule of Long-lived Assets, Total Assets and Statements of Operations by Segment
ASSETS |  | Broker Dealer & Intellectual Property Service |  |  | Technology Development |  |  | Other |  |  | Consolidated |
Long-lived assets |  | $ | 104,379 |  |  | $ | 2,114,910 |  |  | $ | 749,230 |  |  | $ | 2,968,519 |
Total assets |  | $ | 11,000,067 |  |  | $ | 3,422,464 |  |  | $ | 29,040,239 |  |  | $ | 43,462,770 |
The following sets forth the long-lived assets and total assets by segment at December 31, 2022:
ASSETS |  | Broker Dealer & Intellectual Property Service |  |  | Technology Development |  |  | Other |  |  | Consolidated |
Long-lived assets |  | $ | - |  |  | $ | 1,216,418 |  |  | $ | 817,958 |  |  | $ | 2,034,376 |
Total assets |  | $ | 4,737,137 |  |  | $ | 2,685,657 |  |  | $ | 18,278,277 |  |  | $ | 25,701,071 |
Schedule of Statement of Operation by Segment | The following sets forth statements of operations by segment for the three-months September 30, 2023: Schedule of Statement of Operation by Segment
|  | Broker Dealer & Intellectual Property Service |  |  | Technology Development |  |  | Other |  |  | Consolidated |
Operating income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized loss on investment securities, net (from our licensed broker dealer) |  | $ | (786,906 | ) |  | $ | - |  |  | $ | - |  |  | $ | (786,906 | )
Realized loss on equity securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other operating income |  |  | 11,502 |  |  |  | - |  |  |  | - |  |  |  | 11,502 |
Total operating loss, net |  |  | (775,404 | ) |  |  | - |  |  |  | - |  |  |  | (775,404 | )
Operating costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Compensation |  |  | 793,061 |  |  |  | 119,146 |  |  |  | 425,564 |  |  |  | 1,337,771 |
Operating expense, related party |  |  | 223,254 |  |  |  | - |  |  |  | 50,567 |  |  |  | 273,821 |
Professional fees |  |  | 108,959 |  |  |  | 92,506 |  |  |  | 258,120 |  |  |  | 459,585 |
Information technology |  |  | 71,988 |  |  |  | 7,012 |  |  |  | 14,326 |  |  |  | 93,326 |
Clearing and other charges |  |  | 3,316 |  |  |  | - |  |  |  | - |  |  |  | 3,316 |
General and administrative-other |  |  | 63,266 |  |  |  | 145,243 |  |  |  | 119,387 |  |  |  | 327,896 |
Total general and administrative costs |  |  | 1,263,844 |  |  |  | 363,907 |  |  |  | 867,964 |  |  |  | 2,495,715 |
Research and development costs |  |  | - |  |  |  | 27,936 |  |  |  | - |  |  |  | 27,936 |
Total operating costs |  |  | 1,263,844 |  |  |  | 391,843 |  |  |  | 867,964 |  |  |  | 2,523,651 |
Net operating loss |  |  | (2,039,248 | ) |  |  | (391,843 | ) |  |  | (867,964 | ) |  |  | (3,299,055 | )
Other income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | 28,110 |  |  |  | - |  |  |  | 148,190 |  |  |  | 176,300 |
Net loss before income taxes |  |  | (2,011,138 | ) |  |  | (391,843 | ) |  |  | (719,774 | ) |  |  | (3,122,755 | )
Income taxes |  |  | - |  |  |  | 63,559 |  |  |  | - |  |  |  | 63,559 |
Net loss |  |  | (2,011,138 | ) |  |  | (455,402 | ) |  |  | (719,774 | ) |  |  | (3,186,314 | )
Less net loss attributable to non-controlling interests |  |  | - |  |  |  | (177,853 | ) |  |  | - |  |  |  | (177,853 | )
Net loss attributable to MDB Capital Holdings, LLC |  | $ | (2,011,138 | ) |  | $ | (277,549 | ) |  | $ | (719,774 | ) |  | $ | (3,008,461 | )
The following sets forth statements of operations by segment for the nine-months ended September 30, 2023:
|  | Broker Dealer & Intellectual Property Service |  |  | Technology Development |  |  | Other |  |  | Consolidated |
Operating income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized gain on investment securities, net (from our licensed broker dealer) |  | $ | 696,965 |  |  | $ | - |  |  | $ | - |  |  | $ | 696,965 |
Realized loss on equity securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fee income |  |  | 4,233,120 |  |  |  | - |  |  |  | - |  |  |  | 4,233,120 |
Other operating income |  |  | 70,104 |  |  |  | 70,769 |  |  |  | - |  |  |  | 140,873 |
Total operating income, net |  |  | 5,000,189 |  |  |  | 70,769 |  |  |  | - |  |  |  | 5,070,958 |
Operating costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Compensation |  |  | 1,912,536 |  |  |  | 289,152 |  |  |  | 981,827 |  |  |  | 3,183,515 |
Operating expense, related party |  |  | 687,995 |  |  |  | - |  |  |  | 141,479 |  |  |  | 829,474 |
Professional fees |  |  | 316,388 |  |  |  | 301,244 |  |  |  | 623,457 |  |  |  | 1,241,089 |
Information technology |  |  | 333,940 |  |  |  | 16,247 |  |  |  | 58,688 |  |  |  | 408,875 |
Clearing and other charges |  |  | 382,994 |  |  |  | - |  |  |  | - |  |  |  | 382,994 |
General and administrative-other |  |  | 262,131 |  |  |  | 208,203 |  |  |  | 412,899 |  |  |  | 883,233 |
Total general and administrative costs |  |  | 3,895,984 |  |  |  | 814,846 |  |  |  | 2,218,350 |  |  |  | 6,929,180 |
Research and development costs |  |  | - |  |  |  | 67,095 |  |  |  | - |  |  |  | 67,095 |
Total operating costs |  |  | 3,895,984 |  |  |  | 881,941 |  |  |  | 2,218,350 |  |  |  | 6,996,275 |
Net operating income (loss) |  |  | 1,104,205 |  |  |  | (811,172 | ) |  |  | (2,218,350 | ) |  |  | (1,925,317 | )
Other income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | 75,991 |  |  |  | 100 |  |  |  | 472,388 |  |  |  | 548,479 |
Net income (loss) before income taxes |  |  | 1,180,196 |  |  |  | (811,072 | ) |  |  | (1,745,962 | ) |  |  | (1,376,838 | )
Income taxes |  |  | 320,584 |  |  |  | 63,559 |  |  |  | - |  |  |  | 384,143 |
Net income (loss) |  |  | 859,612 |  |  |  | (874,631 | ) |  |  | (1,745,962 | ) |  |  | (1,760,981 | )
Less net loss attributable to non-controlling interests |  |  | - |  |  |  | (341,631 | ) |  |  | - |  |  |  | (341,631 | )
Net income (loss) attributable to MDB Capital Holdings, LLC |  | $ | 859,612 |  |  | $ | (533,000 | ) |  | $ | (1,745,962 | ) |  | $ | (1,419,350 | )
The following sets forth statements of operations by segment for the three-months ended September 30, 2022:
|  | Broker Dealer & Intellectual Property Service |  |  | Technology Development |  |  | Other |  |  | Consolidated |
Operating income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized gain on investment securities, net (from our licensed broker dealer) |  | $ | 16,072 |  |  | $ | - |  |  | $ | - |  |  | $ | 16,072 |
Realized loss on equity securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other operating income |  |  | 27,073 |  |  |  | 21 |  |  |  | 30,809 |  |  |  | 57,903 |
Total operating income, net |  |  | 43,145 |  |  |  | 21 |  |  |  | 30,809 |  |  |  | 73,975 |
Operating costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Compensation |  |  | 633,083 |  |  |  | 82,430 |  |  |  | 414,743 |  |  |  | 1,130,256 |
Operating expense, related party |  |  | 431,172 |  |  |  | - |  |  |  | 83,626 |  |  |  | 514,798 |
Professional fees |  |  | 36,865 |  |  |  | 14,170 |  |  |  | - |  |  |  | 51,035 |
Information technology |  |  | 85,978 |  |  |  | 5,039 |  |  |  | 2,448 |  |  |  | 93,465 |
Clearing and other charges |  |  | 2,547 |  |  |  | - |  |  |  | - |  |  |  | 2,547 |
General and administrative-other |  |  | 71,743 |  |  |  | 150,332 |  |  |  | 184,461 |  |  |  | 406,536 |
Total general and administrative costs |  |  | 1,261,388 |  |  |  | 251,971 |  |  |  | 685,278 |  |  |  | 2,198,637 |
Research and development costs |  |  | - |  |  |  | 103,633 |  |  |  | - |  |  |  | 103,633 |
Total operating costs |  |  | 1,261,388 |  |  |  | 355,604 |  |  |  | 685,278 |  |  |  | 2,302,270 |
Net operating loss |  |  | (1,218,243 | ) |  |  | (355,583 | ) |  |  | (654,469 | ) |  |  | (2,228,295 | )
Other income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net loss before income taxes |  |  | (1,218,243 | ) |  |  | (355,583 | ) |  |  | (654,469 | ) |  |  | (2,228,295 | )
Income taxes |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Net loss |  |  | (1,218,243 | ) |  |  | (355,583 | ) |  |  | (654,469 | ) |  |  | (2,228,295 | )
Less net loss attributable to non-controlling interests |  |  | - |  |  |  | (144,715 | ) |  |  | - |  |  |  | (144,715 | )
Net loss attributable to MDB Capital Holdings, LLC |  | $ | (1,218,243 | ) |  | $ | (210,868 | ) |  | $ | (654,469 | ) |  | $ | (2,083,580 | )
The following sets forth statements of operations by segment for the nine-months ended September 30, 2022:
|  | Broker Dealer & Intellectual Property Service |  |  | Technology Development |  |  | Other |  |  | Consolidated |
Operating income (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized loss on investment securities, net (from our licensed broker dealer) |  | $ | (3,836 | ) |  | $ | - |  |  | $ | - |  |  | $ | (3,836 | )
Realized loss on investment securities |  |  | (7 | ) |  |  | - |  |  |  | - |  |  |  | (7 | )
Other operating income |  |  | 76,513 |  |  |  | 34 |  |  |  | 30,809 |  |  |  | 107,356 |
Total operating income, net |  |  | 72,670 |  |  |  | 34 |  |  |  | 30,809 |  |  |  | 103,513 |
Operating costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative costs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Compensation |  |  | 1,359,236 |  |  |  | 313,928 |  |  |  | 546,790 |  |  |  | 2,219,954 |
Operating expense, related party |  |  | 794,054 |  |  |  | - |  |  |  | 88,547 |  |  |  | 882,601 |
Professional fees |  |  | 542,811 |  |  |  | 84,403 |  |  |  | 25,499 |  |  |  | 652,713 |
Information technology |  |  | 187,768 |  |  |  | 15,057 |  |  |  | 5,119 |  |  |  | 207,944 |
Clearing and other charges |  |  | 22,342 |  |  |  | - |  |  |  | - |  |  |  | 22,342 |
General and administrative-other |  |  | 471,039 |  |  |  | 274,832 |  |  |  | 278,890 |  |  |  | 1,024,761 |
General and administrative costs |  |  | 3,377,250 |  |  |  | 688,220 |  |  |  | 944,845 |  |  |  | 5,010,315 |
Research and development costs |  |  | - |  |  |  | 295,779 |  |  |  | - |  |  |  | 295,779 |
Total operating costs |  |  | 3,377,250 |  |  |  | 983,999 |  |  |  | 944,845 |  |  |  | 5,306,094 |
Net operating loss |  |  | (3,304,580 | ) |  |  | (983,965 | ) |  |  | (914,036 | ) |  |  | (5,202,581 | )
Net operating income (loss) |  |  | (3,304,580 | ) |  |  | (983,965 | ) |  |  | (914,036 | ) |  |  | (5,202,581 | )
Loss before income taxes |  |  | (3,304,580 | ) |  |  | (983,965 | ) |  |  | (914,036 | ) |  |  | (5,202,581 | )
Income tax |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Net loss |  |  | (3,304,580 | ) |  |  | (983,965 | ) |  |  | (914,036 | ) |  |  | (5,202,581 | )
Net income (loss) |  |  | (3,304,580 | ) |  |  | (983,965 | ) |  |  | (914,036 | ) |  |  | (5,202,581 | )
Less net loss attributable to non-controlling interests |  |  | - |  |  |  | (418,677 | ) |  |  | - |  |  |  | (418,677 | )
Net loss attributable to controlling interests |  | $ | (3,304,580 | ) |  | $ | (565,288 | ) |  | $ | (914,036 | ) |  | $ | (4,783,904 | )
Net income (loss) attributable to MDB capital Holdings, LLC |  | $ | (3,304,580 | ) |  | $ | (565,288 | ) |  | $ | (914,036 | ) |  | $ | (4,783,904 | )

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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