---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-21-003115"
form_type: "8-K"
ticker: "CDIX"
cik: "0000811222"
company_name: "Cardiff Lexington Corp"
filed_at: "2021-07-27T23:59:59+00:00"
generated_at: "2026-06-30T02:22:52.029568+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cardiff Lexington issues pro forma financials showing 2020 revenue up 43%, EBITDA loss narrowed 69%

## Summary
- Combined 2020 revenue $7,597,814 (+43% vs 2019); EBITDA loss -$1,684,212 (improved 69% from -$5,438,867).
- Balance sheet improvement: Stockholders' equity went from -$8,562,401 to -$1,219,756; net cash increased >$1M.
- Management expects cash flow from operations to sustain future operations without additional convertible debt.
- Series N Preferred investment includes lock-up provision and company repurchase right at 115% of issue price.
- No insider stock sales in five years; all dilution from third-party debt conversions, not preferred conversions.

## SEC filing metadata
- accession: 0001683168-21-003115
- form_type: 8-K
- ticker: CDIX
- cik: 0000811222
- company_name: Cardiff Lexington Corp
- filed_at: 2021-07-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/811222/000168316821003115/0001683168-21-003115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/811222/000168316821003115/cardifflex_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-21-003115
- JSON: https://secwatch.observer/filing/0001683168-21-003115.json
- Plain text: https://secwatch.observer/filing/0001683168-21-003115.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.