Company: CDT
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022373
Chunk: 17

Company: CDT Equity Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 17
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.60 
  
    Risk-free rate 
     3.74% 
     4.38%
  
    Estimated volatility 
     95.2% 
     98.6%
  
    Time period to expiration (in years) 
     4.28  
     5.0 

3.
Digital Assets

Adoption
of ASU 2023-08, Accounting for and Disclosure of Crypto Assets

Effective
during the third quarter of 2025, the Company adopted ASU 2023-08, which requires entities to measure crypto assets at fair value with
changes recognized in the Consolidated Statement of Operations each reporting period. The Company’s did not hold any digital assets
prior to the release of ASU 2023-08 and no accounting for the transition guidance was necessary.

The
following table presents the Company’s significant Digital Asset holdings as of September 30, 2025:

Schedule of Digital Assets 

    Quantity  
    Cost Basis 
     
    Change in
                                               Fair Value 
     
    Fair Value as of September 30, 2025 
  
    Bitcoin 
     8.65  
    $997,606 
     
    $
    (7,671)
     
    $989,935 
  
    Total digital assets held as of September 30, 2025 
        
    $997,606 
     
    $
    (7,671)
     
    $989,935 

The following table presents a reconciliation of the fair values of the
Company’s investments in digital assets as of September 30, 2025.

 Schedule
of Investments Digital Assets

    Digital Assets 
  
    Balance as of December 31, 2024 
    $- 
  
    Purchases 
     997,606 
  
    Dispositions 
     - 
  
    Realized gains (losses) on dispositions 
     - 
  
    Unrealized gains (losses) from changes in fair value of digital assets 
     (7,671)
  
    Balance as of September 30, 2025 
    $989,935 

4.
Balance Sheet Details

Prepaid
expenses and other current assets consisted of the following as of September 30, 2025 and December 31, 2024 (in thousands):

Schedule of Balance Sheet Details 

    As of  September 30, 2025  
    As of