Company: CDT
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001246
Chunk: 714

Company: CDT Equity Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 7
Chunk 714
---
 services directly related to the Merger (Note 2) 
     13,000  
     -  
     -  
     -  
     -  
     - 
  
    Reduction of excise tax liability associated with the Merger (Note2) 
     -  
     -  
     1,141  

     1,141 
  
    Capital contribution - related party 
     -  
     -  
     150  
     -  
     -  
     150 
  
    Stock-based compensation 
     -  
     -  
     199  
     -  
     -  
     199 
  
    Foreign currency translation adjustment 
     -  
     -  
     -  
        
     (264) 
     (264)
  
    Net loss 
     -  
     -  
     -  
     (535) 
     -  
     (535)
  
    Balance at December 31, 2023 
     738,295  
    $7  
    $10,424  
    $(11,299) 
    $411  
    $(457)

    *
     
    Shares
    of legacy common stock have been retroactively restated to give effect to the Merger.
  
    **
     
    Reclassification
    is made as additional paid-in capital cannot be presented as a negative for either its beginning or ending balance.
  
    ***
     
    Reclassification
    is made as the impact of the retroactive application of the Merger can be shown as a reduction to additional paid-in capital during
    the period as presenting the reduction does not result in additional paid-in capital being presented as a negative for its ending
    balance.

F-5

    Common stock  
    Additional paid-in  
    Accumulated  
    Accumulated other comprehensive  
    Total stockholders’ 

    Shares  
    Amount  
    capital  
    deficit  
    income  
    deficit 

    Balance at January 1, 2024 
     738,295  
    $7  
    $10,424  
    $(11,299) 
    $411  
    $(457)
  
    Balance 
     738,295