Next Technology Holding Inc.
For the period ended Mar 31, 2025. Filed May 9, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 9, 2025
NXTT$4.71+5.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Financial Statements
CONDENSED CONSOLIDATED BALANCE SHEETS
| As of March 31, 2025 | As of December 31, 2024 | |
|---|---|---|
| (Audited) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $668,387 | $668,387 |
| Digital assets | 481,717,253 | 78,322,430 |
| Accounts receivable, net | 1,440,000 | 1,800,000 |
| Prepayments | - | 12,125,500 |
| Total current assets | 483,825,640 | 92,916,317 |
| Non-current assets: | ||
| Investment in associate company | - | - |
| Total non-current assets | - | - |
| Total assets | $483,825,640 | $92,916,317 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $730,000 | $730,000 |
| Amount due to related parties | 221,000 | 972,000 |
| Income tax payable | 130,415 | 130,415 |
| Other payable | 2,062,195 | 1,221,337 |
| Total current liabilities | 3,143,610 | 3,053,752 |
| Non-current liabilities: | ||
| Deferred tax liabilities | 59,655,376 | 8,234,503 |
| Total non-current liabilities | 59,655,376 | 8,234,503 |
| Total liabilities | $62,798,986 | $11,288,255 |
| Stockholders’ Equity: | ||
| Common stock: no par value; 436,265,135 and 6,976,410 issued and outstanding on March 31, 2025 and December 31, 2024, respectively | 217,676,957 | 71,718,790 |
| Retained earnings | 203,349,697 | 9,909,272 |
| Total Stockholders’ Equity | $421,026,654 | $81,628,062 |
| Total Liabilities and Stockholders’ Equity | $483,825,640 | $92,916,317 |
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