Catalyst Crew Technologies: $280M Assets, $700M Liabilities
Ticker: CCTC · Form: 10-Q · Filed: May 19, 2025 · CIK: 1477960
| Field | Detail |
|---|---|
| Company | Catalyst Crew Technologies Corp. (CCTC) |
| Form Type | 10-Q |
| Filed Date | May 19, 2025 |
| Risk Level | high |
| Sentiment | bearish |
Sentiment: bearish
Topics: financials, debt, liabilities, 10-Q
TL;DR
CCTC has $280M assets vs $700M liabilities as of Q1 2025. Big debt.
AI Summary
Catalyst Crew Technologies Corp. filed its 10-Q for the period ending March 31, 2025. The company reported total assets of $280 million and total liabilities of $700 million as of March 31, 2025. Convertible notes payable were $20 million for both the current and prior periods.
Why It Matters
This filing provides a snapshot of Catalyst Crew Technologies' financial health, highlighting significant liabilities relative to assets, which could impact future operations and investor confidence.
Risk Assessment
Risk Level: high — The company's liabilities ($700 million) significantly exceed its assets ($280 million), indicating a high level of financial risk.
Key Numbers
- $280.0M — Total Assets (As of March 31, 2025, indicating the company's resources.)
- $700.0M — Total Liabilities (As of March 31, 2025, representing the company's obligations.)
- $20.0M — Convertible Notes Payable (Consistent amount for both Q4 2024 and Q1 2025, a significant debt component.)
Key Players & Entities
- Catalyst Crew Technologies Corp. (company) — Filer of the 10-Q
- 20250331 (date) — End of reporting period
- $280000000 (dollar_amount) — Total assets as of March 31, 2025
- $700000000 (dollar_amount) — Total liabilities as of March 31, 2025
- $20000000 (dollar_amount) — Convertible notes payable as of March 31, 2025
FAQ
What is the primary business of Catalyst Crew Technologies Corp.?
Catalyst Crew Technologies Corp. is in the SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. industry, with SIC code 7370.
What was the company's financial position at the end of the first quarter of 2025?
As of March 31, 2025, Catalyst Crew Technologies Corp. reported total assets of $280,000,000 and total liabilities of $700,000,000.
How have convertible notes payable changed from the end of 2024 to the end of Q1 2025?
Convertible notes payable remained constant at $20,000,000 for both December 31, 2024, and March 31, 2025.
What was the company's former name and when did it change?
The company was formerly known as Blue Chip Technologies Corp. and changed its name on February 2, 2024.
What is the company's filing address?
The company's business and mailing address is 30 NORTH GOULD STREET, SUITE R, SHERIDAN, WY 82801.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 19, 2025 regarding Catalyst Crew Technologies Corp. (CCTC).