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|  Florida                                                             |   |  59-3029743                        |
|---------------------------------------------------------------------------|--------|-----------------------------------------|
|  (State or other jurisdiction of incorporation or organization) |   |  (IRS Employer Identification No.) |

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|                                                                                                                                                       |   | June 30, 2010 |       |   | December 31, 2009 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------|------------|--------|-------------------|--------|
|                                                                                                                                                       |   | (Unaudited)   |       |   |              |   |
| ASSETS                                                                                                                                                     |   |          |       |   |              |   |
| CURRENT ASSETS                                                                                                                                             |   |          |       |   |              |   |
| Cash and cash equivalents                                                                                                                                  |   | $             | 131,498    |   |              | $      | 338,872 |   |
| Accounts receivable                                                                                                                                        |   |          | 41,903     |   |              |   | 40,425 |   |
| Inventory                                                                                                                                                  |   |          | 174,789    |   |              |   | 185,262 |   |
| Other current assets                                                                                                                                       |   |          | 1,999      |   |              |   | - |   |
| Total current assets                                                                                                                                       |   |          | 350,189    |   |              |   | 564,559 |   |
|                                                                                                                                                       |   |          |       |   |              |   |   |   |
| PROPERTY AND EQUIPMENT, NET                                                                                                                                |   |          | 758,221    |   |              |   | 466,537 |   |
|                                                                                                                                                       |   |          |       |   |              |   |   |   |
| OTHER ASSETS                                                                                                                                               |   |          |       |   |              |   |   |   |
| Note Receivable                                                                                                                                            |   |          | 9,894      |   |              |   | 9,894 |   |
| Stockholder loan                                                                                                                                           |   |          | -          |   |              |   | 469 |   |
| Intangibles, net                                                                                                                                           |   |          | 3,500      |   |              |   | 4,000 |   |
| Deferred tax asset                                                                                                                                         |   |          | 250,000    |   |              |   | 250,000 |   |
| Total other assets                                                                                                                                         |   |          | 263,394    |   |              |   | 264,363 |   |
|                                                                                                                                                       |   |          |       |   |              |   |   |   |
| TOTAL ASSETS                                                                                                                                               |   | $             | 1,371,804  |   |              | $      | 1,295,459 |   |
|                                                                                                                                                       |   |          |       |   |              |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ EQUITY                                                                                                                 |   |          |       |   |              |   |   |   |
|                                                                                                                                                       |   |          |       |   |              |   |   |   |
| CURRENT LIABILITIES                                                                                                                                        |   |          |       |   |              |   |   |   |
| Accounts payable and accrued expenses                                                                                                                      |   | $             | 65,179     |   |              | $      | 27,676 |   |
|                                                                                                                                                       |   |          |       |   |              |   |   |   |
| LONG-TERM LIABILITIES                                                                                                                                      |   |          |       |   |              |   |   |   |
| Accrued stock compensation                                                                                                                                 |   |          | -          |   |              |   | 66,000 |   |
|                                                                                                                                                       |   |          |       |   |              |   |   |   |
| STOCKHOLDERS' EQUITY                                                                                                                                       |   |          |       |   |              |   |   |   |
| Common stock, par value $.0001 per share, 100,000,000 shares authorized,   33,678,631 and 31,103,822 shares issued and outstanding, respectively |   |          | 3,368      |   |              |   | 3,110 |   |
| Preferred stock, par value $.0001 per share, 5,000,000 shares  authorized;   Series A, 1 share issued and outstanding                  |   |          | -          |   |              |   | - |   |
| Additional paid-in capital                                                                                                                                 |   |          | 3,653,815  |   |              |   | 3,483,427 |   |
| Accumulated deficit                                                                                                                                        |   |          | (2,341,330 | )      |              |   | (2,275,526 | ) |
| Treasury stock, at cost - 162,780 shares                                                                                                                   |   |          | (9,228     | )      |              |   | (9,228 | ) |
| Total stockholders' equity                                                                                                                                 |   |          | 1,306,625  |   |              |   | 1,201,783 |   |
|                                                                                                                                                       |   |          |       |   |              |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                                                                                                 |   | $             | 1,371,804  |   |              | $      | 1,295,459 |   |
|                                                                                                                                                       |   |          |       |   |              |   |   |   |

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|                                                                                             |   | Three Months Ended |       |   | Six Months Ended |   |
|--------------------------------------------------------------------------------------------------|--------|--------------------|------------|--------|------------------|--------|
|                                                                                             |   | June 30,           |       |   | June 30,         |   |
|                                                                                             |   | 2010               |       |   | 2009             |   |   | 2010 |   |   | 2009 |   |
|                                                                                             |   |               |       |   |             |   |   |   |   |   |   |   |
| REVENUES                                                                                         |   |               |       |   |             |   |   |   |   |   |   |   |
| Product sales                                                                                    |   | $                  | 154,644    |   |             | $      | 124,448 |   |   | $ | 324,168 |   |   | $ | 244,944 |   |
| Consulting income                                                                                |   |               | -          |   |             |   | - |   |   |   | 7,280 |   |   |   | - |   |
|                                                                                             |   |               | 154,644    |   |             |   | 124,448 |   |   |   | 331,448 |   |   |   | 244,944 |   |
|                                                                                             |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| EXPENSES                                                                                         |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Personnel                                                                                        |   |               | 95,299     |   |             |   | 92,398 |   |   |   | 178,597 |   |   |   | 192,225 |   |
| Cost of products sold (exclusive of depreciation and amortization, shown separately  below) |   |               | 16,292     |   |             |   | 16,780 |   |   |   | 41,277 |   |   |   | 32,904 |   |
| Consulting stock expense                                                                         |   |               | -          |   |             |   | - |   |   |   | 66,000 |   |   |   | - |   |
| Professional fees                                                                                |   |               | 9,341      |   |             |   | 13,111 |   |   |   | 75,057 |   |   |   | 57,600 |   |
| Office and other                                                                                 |   |               | 99         |   |             |   | 7,197 |   |   |   | 19,229 |   |   |   | 14,401 |   |
| Amortization and Depreciation                                                                    |   |               | 5,048      |   |             |   | 5,314 |   |   |   | 10,322 |   |   |   | 10,395 |   |
| Freight and shipping                                                                             |   |               | 3,086      |   |             |   | 1,985 |   |   |   | 7,910 |   |   |   | 4,137 |   |
|                                                                                             |   |               | 129,165    |   |             |   | 136,785 |   |   |   | 398,392 |   |   |   | 311,662 |   |
|                                                                                             |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| OPERATING INCOME (LOSS)                                                                          |   |               | 25,479     |   |             |   | (12,337 | ) |   |   | (66,944 | ) |   |   | (66,718 | ) |
|                                                                                             |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| OTHER INCOME                                                                                     |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Investment income                                                                                |   |               | 238        |   |             |   | 1,688 |   |   |   | 1,140 |   |   |   | 3,112 |   |
|                                                                                             |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| NET INCOME (LOSS) BEFORE INCOME TAXES                                                            |   |               | 25,717     |   |             |   | (10,649 | ) |   |   | (65,804 | ) |   |   | (63,606 | ) |
|                                                                                             |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| Income taxes                                                                                     |   |               | -          |   |             |   | - |   |   |   | - |   |   |   | - |   |
|                                                                                             |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| NET INCOME (LOSS)                                                                                |   | $                  | 25,717     |   |             | $      | (10,649 | ) |   | $ | (65,804 | ) |   | $ | (63,606 | ) |
|                                                                                             |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| NET INCOME (LOSS) PER COMMON SHARE                                                               |   | $                  | .00        |   |             | $      | (.00 | ) |   | $ | (.00 | ) |   | $ | (.00 | ) |
|                                                                                             |   |               |       |   |             |   |   |   |   |   |   |   |   |   |   |   |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING                                             |   |               | 33,549,778 |   |             |   | 28,727,148 |   |   |   | 33,447,261 |   |   |   | 28,056,668 |   |

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|                                                                          |   | Six Months Ended |     |
|-------------------------------------------------------------------------------|--------|------------------|----------|
|                                                                          |   | June 30,         |     |
|                                                                          |   | 2010             |     |   | 2009 |   |
| CASH FLOWS FROM OPERATING ACTIVITIES                                          |   |             |     |   |   |   |
|  Net loss                                                                |   | $                | (65,804  | ) |   | $ | (63,606 | ) |
|  Adjustments to reconcile net loss to net                                |   |             |     |   |   |   |   |   |
|   cash provided by operating activities:                                 |   |             |     |   |   |   |   |   |
|    Depreciation and amortization                               |   |             | 10,322   |   |   |   | 10,395 |   |
|    Stock compensation to consultant                            |   |             | 66,000   |   |   |   | - |   |
|    Stock compensation to employees                             |   |             | 38,646   |   |   |   | 101,372 |   |
|    Increase or decrease in:                                    |   |             |     |   |   |   |   |   |
|     Accounts receivable                                   |   |             | (1,478   | ) |   |   | (27,986 | ) |
|     Inventory                                             |   |             | 10,473   |   |   |   | (1,188 | ) |
|     Other current assets                                  |   |             | (1,999   | ) |   |   | - |   |
|     Accounts payable and accrued expenses                 |   |             | 37,503   |   |   |   | (7,473 | ) |
|           Total adjustments |   |             | 159,467  |   |   |   | 75,120 |   |
|                                                                          |   |             |     |   |   |   |   |   |
|     NET CASH PROVIDED BY OPERATING ACTIVITIES             |   |             | 93,663   |   |   |   | 11,514 |   |
|                                                                          |   |             |     |   |   |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITIES                                          |   |             |     |   |   |   |   |   |
|  Purchase of equipment and building improvements                         |   |             | (301,506 | ) |   |   | (34,019 | ) |
|  Cash loaned under note receivable                                       |   |             | -        |   |   |   | (9,700 | ) |
|                                                                          |   |             |     |   |   |   |   |   |
| NET CASH USED IN INVESTING ACTIVITIES                                         |   |             | (301,506 | ) |   |   | (43,719 | ) |
|                                                                          |   |             |     |   |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES                                          |   |             |     |   |   |   |   |   |
|    Payments received on stockholder loan                       |   |             | 469      |   |   |   | 4,072 |   |
|    Repurchase of common stock                                  |   |             | -        |   |   |   | (9,228 | ) |
|                                                                          |   |             |     |   |   |   |   |   |
| NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITES                            |   |             | 469      |   |   |   | (5,156 | ) |
|                                                                          |   |             |     |   |   |   |   |   |
| NET DECREASE IN CASH AND CASH EQUIVALENTS                                     |   |             | (207,374 | ) |   |   | (37,361 | ) |
|                                                                          |   |             |     |   |   |   |   |   |
| CASH AND CASH EQUIVALENTS, beginning of period                                |   |             | 338,872  |   |   |   | 276,669 |   |
|                                                                          |   |             |     |   |   |   |   |   |
| CASH AND CASH EQUIVALENTS, end of period                                      |   | $                | 131,498  |   |   | $ | 239,308 |   |
|                                                                          |   |             |     |   |   |   |   |   |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION                              |   |             |     |   |   |   |   |   |
|   Cash paid for interest                                            |   | $                | -        |   |   | $ | - |   |
|                                                                          |   |             |     |   |   |   |   |   |
|   Cash paid for income taxes                                        |   | $                | -        |   |   | $ | - |   |
|                                                                          |   |             |     |   |   |   |   |   |
| SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITY           |   |             |     |   |   |   |   |   |
|   Common stock awarded to officers                                  |   | $                | 38,646   |   |   | $ | 101,372 |   |

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| EXHIBIT NO.   |   | DESCRIPTION                                                                                                                                                           |
|-------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                    |   |                                                                                                                                                                  |
| 31.1                    |   | Certification of Principal Executive and Principal Financial Officer pursuant to Exchange Act rule 13(a)-14(a) (under Section 302 of the Sarbanes-Oxley Act of 2002). |
|                    |   |                                                                                                                                                                  |
| 32.1                    |   | Certification of Principal Executive and Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.                                       |

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|                        | CTD HOLDINGS, INC. |                                                    |
|-----------------------------|--------------------|---------------------------------------------------------|
|                        |               |                                                    |   |
| Date: August 13, 2010  | By:                | /s/ C.E. Rick Strattan                             |   |
|                        |               | C.E. Rick Strattan                                      |   |
|                        |               | Chief Executive Officer                                 |   |
|                        |               | (principal executive, financial and accounting officer) |   |