secwatch.observer — SEC 8-K summary
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Issuer:     FDCTECH, INC. (FDCT)
CIK:        0001722731
Form:       8-K
Filed at:   2023-11-20T23:59:59+00:00
Accession:  0001493152-23-042006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FDCTech Q3 net income $638K vs loss; total revenue up 138% YoY
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- Q3 2023 total revenue $3.65M, up 138% from $1.53M in Q3 2022.
- Net income of $638,084 in Q3 vs net loss of $226,065 in prior-year period.
- Technology revenue rose 140% to $222,058 for the quarter, 180% for nine months.
- Cash on hand increased to $1.23M from $265K; working capital surplus of $2.21M vs deficit.
- Company engaged Farzad Advisory to assist with lending for acquisitions and uplist.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1722731/000149315223042006/0001493152-23-042006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1722731/000149315223042006/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-042006

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