Company: CDT
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001246
Chunk: 1294

Company: CDT Equity Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 16
Chunk 1294
---
    $280  
    $-  
    $280 
  
    Transaction Costs 
     393  
     -  
     393 
  
    Research & Development 
     671  
     -  
     671 
  
    Accruals 
     141  
     -  
     141 
  
    Net operating loss 
     1,788  
     1,182  
     2,970 

    Total deferred tax asset 
     3,273  
     1,182  
     4,455 

    Valuation allowance 
     (3,273) 
     (1,182) 
     (4,455)
  
    Net deferred tax assets (liability) 
    $-  
    $-  
    $- 

    US  
    Foreign  
    Consolidated 

    For The Year Ended 

    2023 

    US  
    Foreign  
    Consolidated 
  
    Deferred Tax Assets 

    Stock options 
    $37  
    $-  
    $37 
  
    Transaction Costs 
     599  
        
     599 
  
    Net operating loss 
     562  
     251  
     813 

    Total deferred tax asset 
     1,198  
     251  
     1,449 

    Valuation allowance 
     (1,198) 
     (251) 
     (1,449)
  
    Net deferred tax assets (liability) 
    $-  
    $-  
    $- 

    F-29

As
of December 31, 2024 and December 31, 2023, the Company had net operating loss (“NOL”) carryforwards for U.S.
federal” purposes of approximately $8.5
million and $1.9
million, respectively, which carryforward indefinitely and can offset 80%
of taxable income in future years. As of December 31, 2024 and December 31, 2023, the Company had state NOL carryforwards of nil and $1.9
million, respectively. As of December 31, 2024 and December 31, 2023, the Company had net
operating loss (“NOL”) carryforwards