CDT Equity Inc. (CDT) Form 10-Q — Aug 12, 2026
CDT Equity Inc.'s 10-Q for the quarter ended June 30, 2026 carries explicit going-concern language: with cash of just $0.7 million, an accumulated deficit of $77.0 million, and $2.4 million of operating cash burn in six months, management determined it does not have sufficient liquidity to fund its business plan and faces substantial doubt about continuing for at least the next 12 months. The company has now completed five reverse stock splits since January 2025 (1-for-100, 1-for-15, 1-for-8, 1-for-25, and 1-for-10, the last effective July 20, 2026), a cumulative reduction of roughly 1-for-3,000,000 that left only 786,670 shares outstanding as of August 12, 2026.
Key figures
- Total Assets
- 126708000
- Cash Position
- 747000
- Shares Outstanding
- 786670
- Atm capacity
- 23900000
- Eloc capacity
- 25000000
- Accumulated deficit
- 77029000
- Reverse splits count
- 5
- Atm available funds approx
- 73600000
- Jj astor note net proceeds
- 1500000
- Accrued litigation liability
- 9642000
- Jj astor missed payments total
- 246000
- Jj astor restructuring premium
- 378000
- Reverse split cumulative ratio
- ~1-for-3,000,000
- Jj astor note original principal
- 2000000
- Sarborg additional stake percent
- 4.76%
- Jj astor amended principal approx
- 2500000
- Jj astor weekly installments amended
- 104000
- Sarborg equity investment carrying value
- 122846000
- Sarborg subsequent prefunded warrant shares
- 12131770
Price after filing
Close on the filing date to close N calendar days later (from $2.94). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.