FDCTECH, INC. Files Q1 2024 10-Q
Ticker: FDCT · Form: 10-Q · Filed: Dec 31, 2024 · CIK: 1722731
Sentiment: neutral
Topics: 10-Q, financials, software
TL;DR
FDCTECH Q1 2024 10-Q filed. Financials for related/non-related parties and preferred stock detailed.
AI Summary
FDCTECH, INC. filed its 10-Q for the period ending March 31, 2024. The company, formerly known as FDC Tech, Inc. and Forex Development Corp., is based in Irvine, CA. The filing covers the first quarter of 2024 and includes financial data for both related and non-related parties, as well as Series A and Series B preferred stock.
Why It Matters
This filing provides investors with a quarterly update on FDCTECH, INC.'s financial performance and position, crucial for understanding the company's trajectory in the pre-packaged software sector.
Risk Assessment
Risk Level: medium — As a 10-Q filing, it contains detailed financial information which can reveal significant risks or opportunities, but lacks the forward-looking statements of an 8-K or earnings call.
Key Numbers
- 20240331 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial data is reported.)
- 2024-01-01 — Reporting Period Start Date (Marks the beginning of the fiscal quarter covered by the report.)
Key Players & Entities
- FDCTECH, INC. (company) — Filer of the 10-Q
- 20240331 (date) — End of reporting period
- Irvine, CA (location) — Company business address
- FDC Tech, Inc. (company) — Former company name
- Forex Development Corp. (company) — Former company name
- Series A Preferred Stock (financial) — Type of stock detailed in filing
- Series B Preferred Stock (financial) — Type of stock detailed in filing
FAQ
What were the key financial highlights for FDCTECH, INC. in the first quarter of 2024?
The filing for the period ending March 31, 2024, provides detailed financial data for related and non-related parties, as well as Series A and Series B preferred stock, but specific revenue or profit figures for Q1 2024 are not immediately available in this header information.
When was FDCTECH, INC. formerly known as FDC Tech, Inc. and Forex Development Corp.?
The company changed its name from FDC Tech, Inc. on May 8, 2018, and previously from Forex Development Corp. on November 14, 2017.
Where is FDCTECH, INC. headquartered?
FDCTECH, INC. is located at 200 Spectrum Drive, Suite 300, Irvine, CA 92618.
What is the Standard Industrial Classification (SIC) code for FDCTECH, INC.?
The SIC code for FDCTECH, INC. is 7372, which falls under SERVICES-PREPACKAGED SOFTWARE.
What fiscal year end does FDCTECH, INC. report?
FDCTECH, INC. reports its fiscal year end on December 31st.
Filing Stats: 4,437 words · 18 min read · ~15 pages · Grade level 14 · Accepted 2024-12-31 09:30:43
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 FDCT OTC Markets Indicate by chec
- $530 — company with 28 financial advisors and $530+ million in funds under advice. ADS pro
Filing Documents
- form10-q.htm (10-Q) — 1262KB
- ex31-1.htm (EX-31.1) — 18KB
- ex31-2.htm (EX-31.2) — 18KB
- ex32-1.htm (EX-32.1) — 9KB
- 0001493152-24-052611.txt ( ) — 7614KB
- fdct-20240331.xsd (EX-101.SCH) — 47KB
- fdct-20240331_cal.xml (EX-101.CAL) — 59KB
- fdct-20240331_def.xml (EX-101.DEF) — 278KB
- fdct-20240331_lab.xml (EX-101.LAB) — 385KB
- fdct-20240331_pre.xml (EX-101.PRE) — 329KB
- form10-q_htm.xml (XML) — 1144KB
SIGNATURES
SIGNATURES 14 EXHIBIT INDEX 15 2 FORWARD-LOOKING This Quarterly Report on Form 10-Q ("Form 10-Q") contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including, but not limited to, any projections of earnings, revenue, or other financial items; any statements of the plans, strategies, and objectives of management for future operations; any statements concerning proposed new products or developments; any statements regarding future economic conditions or performance; any statements of belief; and any statements of assumptions underlying any of the foregoing. Although we believe that the expectations reflected in any of our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties. Forward-looking "continue," "believe," "expect," "desire," "goal," "should," "objective," "seek," "plan," "strive" or "anticipate," as well as variations of such words or similar expressions, or the negatives of these words. These forward-looking statements present our estimates and assumptions only as of the date of this Form 10-Q. Except for our ongoing obligation to disclose material information as required by the federal securities laws, we do not intend and undertake no obligation to update any forward-looking statement. We caution readers not to place undue reliance on any such forward-looking statements. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes