secwatch.observer — SEC 8-K summary
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Issuer:     FDCTECH, INC. (FDCT)
CIK:        0001722731
Form:       8-K
Filed at:   2022-08-16T23:59:59+00:00
Accession:  0001493152-22-023116
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FDCTech reports 1,985% revenue increase to $3.1M for H1 2022; net loss widens to $748,918
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- Revenue for six months ended June 30, 2022 was $3,066,971, up from $147,078 in prior year.
- Net loss increased to $748,918 from $487,542; net loss as % of revenue improved to 24.42%.
- Cash on hand $134,888 as of June 30, 2022, up from $93,546 on Dec 31, 2021.
- Stockholders' equity decreased to $1,149,816 from $1,625,448 as of Dec 31, 2021.
- Subsidiary ADS had revenue of $8.28M for FY ended June 30, 2022, net income $139.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1722731/000149315222023116/0001493152-22-023116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1722731/000149315222023116/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-023116

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer