Company: CDT
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001246
Chunk: 886

Company: CDT Equity Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 9B
Chunk 886
---
    Meals & Entertainment 
     0  
     2  
     2 
  
    Eq Comp Perm 
     3  
     -  
     3 
  
    Convertible Debt Adjustment 
     -  
     (1,048) 
     (1,048)
  
    Purchase Accounting Adjustment 
     (609) 
     -  
     (609)
  
    Change In Valuation Allowance 
     1,198  
     251  
     1,449 

    Total provision (benefit) for income taxes 
    $-  
    $-  
    $- 

The
tax effects of temporary differences which give rise to significant portions of deferred tax assets are as follows as of December 31
(in thousands):

Schedule
of Deferred Tax Assets and Liabilities

    US  
    Foreign  
    Consolidated 

    For The Year Ended 

    2024 

    US  
    Foreign  
    Consolidated 
  
    Deferred Tax Assets 

    Stock options 
    $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