Unaudited Interim Condensed Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 9,611,905	$ (11,589,784)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation of equipment	3,228	3,548
Amortization of intangible assets	786,055	628,834
Amortization of right-of-use assets	284,475	313,472
Unrealized gain from fair value changes of digital assets	(16,230,431)
Deferred income tax	(153,911)	(22,666)
Other-than-temporary impairment losses from convertible note receivables		1,500,000
Other-than-temporary impairment losses from intangible assets		2,756,986
Changes in operating assets and liabilities
Other receivables		(38,587)
Prepaid and other current assets	(412,162)	1,128,935
Other payables and accrued liabilities	2,399	138,130
Lease liabilities	(351,228)	(294,492)
Taxes payable	1,818,815
Other payables - related party	39,184	151,528
Net cash used in operating activities	(4,601,671)	(5,324,096)
CASH FLOWS FROM INVESTING ACTIVITIES:
Loan to a third party		(1,900,000)
Collection from loan to a third party		1,250,000
Net cash used in investing activities		(650,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock	1,451,050	829,879
Proceeds from issuance of prefunded warrants	3,602,607
Proceeds from exercise of prefunded warrants		654
Proceeds from related party loan	50,000
Proceeds from shareholder loan	100,000
Repayments to a related party	(399,485)
Net cash provided by financing activities	4,804,172	830,533
EFFECT OF EXCHANGE RATE CHANGE ON CASH AND CASH EQUIVALENTS	33	14
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	202,534	(5,143,549)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	22,538	5,175,518
CASH AND CASH EQUIVALENTS, END OF PERIOD	225,072	31,969
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for income tax	6,000
Cash paid for interest
NON-CASH TRANSACTIONS OF INVESTING AND FINANCING ACTIVITIES
Issuance of common stock for acquisition right, title, and interest in and to the certain software	5,988,523	1,248,000
Initial recognition of right-of-use assets and lease liability		205,539
Issuance of common stock for 13.3333% interest in SH Xianzhui		3,150,793
Exercise of November 2023 Registered Warrants	95	71
Exercise of pre-funded warrants pursuant to the Warrant Exchange Agreements		58
Exercise of February 2021 Registered Warrants		9
Issuance of common stock for acquisition of Pallas	225,730,621
Capital contribution from a related party	$ 615,774,140

GD Culture Group Ltd 10-Q