Trident Digital Tech Holdings Ltd (TDTH)
Trident Digital Tech Holdings Ltd, a Singapore-headquartered company founded in 2014, specializes in delivering comprehensive commercial and technological digital solutions. Its services encompass business consulting, covering areas such as brand strategy, multi-channel commerce, and digital marketing. The firm also offers extensive IT consulting, guiding clients through the entire software development lifecycle, from defining business requirements and developing bespoke software to implementation, system analysis, technical specification, coding, testing, user training, and ongoing maintenance and support. Additionally, TDTH provides various management software, including customer relationship management (CRM) and inventory management systems, accessible via annual subscriptions. A notable offering is Tridentity, its innovative Web 3.0 e-commerce platform designed to facilitate transactions between consumers and merchants. Trident Digital Tech Holdings Ltd primarily serves small and medium enterprises.
Sector: Services-Business Services, NEC
Industry: Information Technology Services
Trident Digital Tech Holdings Ltd
-3.61%$0.9151
NASDAQ:TDTHTechnology
Mkt Cap$53.86M
Float33.52M
O/S58.85M
Inst Own0.0%
SI0.2%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$123K
Net Income-$17.44M
Total Assets$5.34M
Free Cash Flow-$9.81M
Debt & Equity
Debt 544%
Total Debt$8.29M
Total Equity-$6.76M
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse
2-year cumulative
1:7,200Over cap
Past the 1:250 Nasdaq cap, ineligible for a bid-price compliance period
- 1:240Reverse splitJul 16, 2026240 shares → 1
- 1:30Reverse splitApr 24, 202630 shares → 1
Balance Sheet Details
Assets$5.34M
Liabilities$12.1M
Accounts Receivable$6K
Accounts Payable$972K
Inventory$0
PP&E (Net)$1.13M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Revenue | $123K | $465K | $1.48M | $1.26M | $657K |
| YoY Growth | -7351.1% | -6861.8% | 1743.7% | 9219.5% | - |
| Cost of Revenue | $432K | $464K | $1.22M | $1M | $457K |
| Gross Profit | -$309K | $1K | $266K | $262K | $200K |
| Gross Margin | -25036.7% | 25.1% | 1794.8% | 2076.3% | 3050.5% |
| Research and Development | $1.17M | $763K | $586K | $288K | $0 |
| Selling, General, and Administrative | $18.22M | $7.31M | $4.44M | $1.23M | $298K |
| Other | $0 | $0 | $0 | $0 | -$74K |
| Total Operating Expenses | $19.39M | $8.07M | $5.03M | $1.52M | $224K |
| Operating Income (EBIT) | -$14.79M | -$8.07M | -$4.76M | -$1.26M | -$24K |
| Operating Margin | -1199482.0% | -173346.9% | -32121.8% | -9949.2% | -358.8% |
| Interest Expense | $195K | $44K | $47K | $5K | $745 |
| Interest Income | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$2.72M | -$3K | -$10K | $132K | $82K |
| Income Before Tax (EBT) | -$17.51M | -$8.07M | -$4.77M | -$1.12M | $58K |
| Income Tax Expense | -$68K | $51K | $0 | $5K | $28K |
| Net Income | -$17.44M | -$8.12M | -$4.77M | -$1.13M | $30K |
| Net Income Margin | -1414293.5% | -174521.5% | -32189.7% | -8943.6% | 456.1% |
| Supplementary Data | |||||
| EPS | -5.84 | -2.62 | -1.70 | -0.26 | 0.01 |
| Diluted EPS | -5.84 | -2.62 | -1.70 | -0.26 | 0.01 |
| Weighted Average OS | 2.98M | 3.14M | 2.82M | 3.23M | 3.23M |
| EBITDA | -$14.3M | -$7.59M | -$4.31M | -$1M | $70K |
| EBITDA Margin | -1160121.2% | -162970.4% | -29084.6% | -7933.7% | 1067.1% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Assets | |||||
| Current Assets | |||||
| Cash and Cash Equivalents | $150K | $194K | $1.81M | $945K | $274K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $150K | $194K | $1.81M | $945K | $274K |
| Accounts Receivable | $6K | $12K | $426K | $90K | $144K |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $163K | $139K | $1.39M | $269K | $3K |
| Total Current Assets | $796K | $1.66M | $3.99M | $1.4M | $422K |
| Long-Term Assets | |||||
| Property, Plant & Equipment Net | $1.13M | $1.13M | $1.84M | $1.6M | $84K |
| Goodwill | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $3.33M | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $89K | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $243K | $0 | $0 | $0 |
| Total Long-Term Assets | $4.55M | $1.37M | $1.84M | $1.6M | $84K |
| Other Assets | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $5.34M | $3.03M | $5.83M | $3M | $506K |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $972K | $322K | $202K | $218K | $52K |
| Short-Term Debt | $1.22M | $60K | $74K | $662K | $73K |
| Current Income Tax Payable | $0 | $0 | $0 | $23K | $52K |
| Current Unearned Revenue | $518K | $410K | $572K | $654K | $193K |
| Other Current Liabilities | $1.66M | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $5.57M | $1.35M | $2.01M | $2.64M | $425K |
| Long-Term Liabilities | |||||
| Long-Term Debt | $6.09M | $1.4M | $177K | $499K | $34K |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $41K | $0 | $0 | $0 |
| Total Long-Term Liabilities | $6.54M | $2.07M | $1.39M | $1.69M | $47K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $12.1M | $3.42M | $3.4M | $4.33M | $471K |
| Stockholders' Equity | |||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $9K | $5K | $5K | $4K | $4K |
| Retained Earnings | -$37.07M | -$14.31M | -$6.18M | -$1.32M | $35K |
| Comprehensive Income & Other | -$291K | -$83K | $184K | -$38K | -$306 |
| Other Stockholders' Equity | $30.3M | $13.92M | $8.61M | -$6K | -$4K |
| Total Equity | -$6.76M | -$381K | $2.43M | -$1.32M | $35K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $5.34M | $3.03M | $5.83M | $3M | $506K |
| Supplementary Data | |||||
| Total Debt | $8.29M | $2.45M | $1.89M | $2.63M | $144K |
| Net Debt | $8.13M | $2.26M | $81K | $1.68M | -$130K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Operating Activities | |||||
| Net Income | -$22.76M | -$8.12M | -$4.77M | -$1.13M | $30K |
| Depreciation & Amortization | $485K | $442K | $414K | $118K | $11K |
| Deferred Income Tax | -$89K | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $7.02M | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||
| Accounts Receivable | $83K | $10K | -$54K | $71K | -$119K |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $650K | $120K | -$16K | $166K | $51K |
| Other Working Capital | $1.39M | -$2.04M | -$519K | $164K | $270K |
| Total Working Capital Change | $2.12M | -$1.91M | -$589K | $402K | $203K |
| Other Non-Cash Items | $3.5M | $78K | $7K | $1 | $1 |
| Net Cash from Operating | -$9.72M | -$9.51M | -$4.94M | -$610K | $244K |
| Investing Activities | |||||
| Capital Expenditures | -$93K | -$3K | -$140K | -$74K | -$53K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$93K | -$3K | -$140K | -$74K | -$53K |
| Financing Activities | |||||
| Debt Repaid | -$2.96M | $83K | $392K | -$574K | -$44K |
| Common Stock Issuance | $1.98M | $9M | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | -$74K | -$229K | $0 |
| Other Financing Activities | $0 | -$2.19M | $7.14M | $525K | $0 |
| Net Cash from Financing | $9.98M | $8.06M | $5.9M | $1.38M | $66K |
| Forex Effect | -$213K | -$161K | $43K | -$23K | -$861 |
| Net Change in Cash | -$44K | -$1.61M | $863K | $672K | $256K |
| Supplementary Data | |||||
| Operating Cash Flow | -$9.72M | -$9.51M | -$4.94M | -$610K | $244K |
| Capital Expenditure | -$93K | -$3K | -$140K | -$74K | -$53K |
| Free Cash Flow | -$9.81M | -$9.51M | -$5.08M | -$684K | $191K |
| Cash at Beginning | $194K | $1.81M | $945K | $274K | $18K |
| Cash at End | $150K | $194K | $1.81M | $945K | $274K |