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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Cash and cash equivalents $ 17,523,769 $ 6,109,806
Cash segregated in compliance with regulations 2,977,914 1,247,881
Grants receivable 1,147,171 882,319
Clearing deposits 515,222 260,000
Prepaid expenses and other current assets 488,914 523,788
Investment securities, at amortized cost (U.S. Treasury Bills) 5,041,692 24,658,611
Investment securities, at fair value (held by our licensed broker dealer) (Note 2) 6,285,443 5,771,634
Investment securities, at cost less impairment 200,000 200,000
Deferred offering cost 351,478 69,303
Deferred costs related to deferred revenue 114,109 75,328
Property and equipment, net 910,287 866,490
Operating lease right-of-use assets, net 2,149,538 2,320,119
Total assets 37,705,537 42,985,279
LIABILITIES AND EQUITY    
Accounts payable 655,619 578,214
Accrued expenses 147,434 1,105,078
Payables to non-customers 986,412 1,405,293
Payables to customers 977,020
Deferred grant reimbursement 120,631 140,703
Deferred revenue 20,000
Operating lease liabilities 2,262,560 2,415,889
Total liabilities 5,149,676 5,665,177
Commitments and Contingencies (Note 9)  
Equity:    
Preferred shares, 10,000,000 authorized shares at no par value; 0 issued and outstanding
Paid-in-capital 56,565,645 49,405,779
Accumulated deficit (23,582,793) (12,092,927)
Total MDB Capital Holdings, LLC Members’ equity 32,982,852 37,312,852
Non-controlling interest (426,991) 7,250
Total equity 32,555,861 37,320,102
Total liabilities and equity 37,705,537 42,985,279
Common Class A [Member]    
Equity:    
Class B common shares, 5,000,000 authorized shares at no par value; 5,000,000 shares issued and outstanding
Common Class B [Member]    
Equity:    
Class B common shares, 5,000,000 authorized shares at no par value; 5,000,000 shares issued and outstanding