GDC · XBRL financial data
GD Culture Group financial statements, every fiscal year
The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (GDC's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | †Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 11,853 | 25,030 | 153 | — | — | — |
| Cost of revenue | 10,748 | 16,780 | 98 | — | — | — |
| Gross profit | 1,105 | 8,250 | 56 | — | — | — |
| Research and development | 0 | — | — | 2,073 | 798 | 2,256 |
| Selling, general and administrative | — | 19,546 | 476 | 5,236 | — | — |
| General and administrative | — | — | — | 5,236 | 5,056 | 5,054 |
| Total operating expenses | 2,058 | 22,897 | 479 | 11,991 | 14,162 | 8,463 |
| Other operating income (expense) | (3,900) | 67 | 0 | — | — | — |
| Operating income (loss) | (953) | (14,647) | (423) | (11,991) | (14,162) | (8,463) |
| Interest income | — | — | — | 5 | 9 | 6 |
| Interest expense | 18 | 0 | — | 0 | 2 | — |
| Other income (expense) | (3) | — | — | — | — | — |
| Income tax expense (benefit) | (61) | 1,295 | 1 | 328 | (32) | (55) |
| Net income (loss) | 2,510 | (26,971) | (30,822) | (12,522) | (13,836) | (186,877) |
| Earnings per share, basic USD per share | 0.09 | (0.68) | (20.13) | (3.88) | (1.45) | (6.16) |
| Earnings per share, diluted USD per share | — | (20.36) | (20.13) | (3.88) | (1.45) | (6.16) |
| Weighted average shares, basic thousands of shares | 0 | 0 | 1,531 | 3,227 | 9,566 | 30,344 |
| Weighted average shares, diluted thousands of shares | — | 1,325 | 1,531 | 3,227 | 9,566 | 30,344 |
- † Share count changed about 1/22 in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 5x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (GDC's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | †Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 999 | 14,588 | 389 | 5,176 | 23 | 456 |
| Short-term investments | 3,295 | — | — | — | — | — |
| Accounts receivable | 1,072 | — | 195 | — | — | — |
| Inventory | 1,047 | 4 | — | — | — | — |
| Prepaid and other current assets | — | — | — | 1,291 | — | 332 |
| Total current assets | 11,979 | 15,931 | 1,610 | 9,078 | 32 | 829 |
| Property and equipment, net | 83 | 284 | 1 | 13 | 8 | 3 |
| Right-of-use asset | — | — | — | 1,561 | 1,342 | 988 |
| Goodwill | 11,650 | 6,590 | 2,190 | — | — | — |
| Total assets | 25,135 | 50,535 | 3,801 | 14,210 | 2,735 | 670,159 |
| Accounts payable | 1,126 | 3,544 | 127 | 23 | — | — |
| Total current liabilities | 3,189 | 18,447 | 334 | 403 | 1,474 | 1,214 |
| Lease liability, non-current | — | — | — | 1,318 | 1,105 | 781 |
| Total liabilities | 3,222 | 18,455 | 334 | 2,049 | 2,732 | 2,017 |
| Retained earnings (accumulated deficit) | 952 | (26,019) | (56,841) | (69,358) | (83,194) | (270,071) |
| Total stockholders' equity | 21,913 | 32,080 | 3,467 | 8,348 | (282) | 667,858 |
| Total liabilities and equity | 25,135 | 50,535 | 3,801 | 14,210 | 2,735 | 670,159 |
| Common shares outstanding (cover page) thousands of shares | 36,343 | 38,430 | 1,712 | 7,887 | 12,283 | 60,760 |
- † Share count changed about 1/22 in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 5x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (GDC's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | †Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 2,510 | (26,971) | (30,822) | (12,522) | (13,836) | (186,877) |
| Depreciation and amortization | 20 | 59 | 1 | 2 | — | — |
| Net cash from operating activities | (2) | (5,511) | (886) | (13,240) | (5,680) | (6,845) |
| Purchases of property and equipment | 73 | 309 | — | 14 | — | — |
| Net cash from investing activities | (4,531) | (1,270) | (12,493) | (5,217) | (650) | — |
| Proceeds from issuing common stock | 2,610 | 22,540 | — | 12,515 | 830 | 3,908 |
| Net cash from financing activities | 3,059 | 22,796 | — | 23,088 | 1,180 | 7,278 |
| Net change in cash | (1,485) | 13,590 | (14,199) | 4,786 | (5,153) | 434 |
- † Share count changed about 1/22 in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 5x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 5050 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 5050 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| GD Culture Group | 7,220 | not reported | (11,693)* | 4.2M | 0.6 quarters | 10-QJun 30, 2026 |
| M2i Global | 55 | not reported | (754)* | 953.7M | 0.1 quarters | 10-QJun 30, 2026 |
| Foster L B | 5,783 | not reported | 17,860* | 10.5M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.