Luduson G Inc

For the period ended Dec 31, 2023. Filed Mar 28, 2024.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 28, 2024

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Contents

Consolidated Balance Sheets

AS OF DECEMBER 31, 2023 and 2022

	As of December 31,
	2023	2022
ASSETS
Current asset:
Cash and cash equivalents	$175,002	$12,056
Investment in unlisted shares	–	–
Account receivable	–	–
Inventory, net	46,154	–
Prepaid expenses and other current assets	64,102	–
Total current assets	285,258	12,056
Non-current asset:
Intelligential Property Rights	6,000,000	–
Goodwill	806,158	–
Total non-current assets	6,806,158	–
TOTAL ASSETS	$7,091,416	$12,056
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accrued liabilities and other payables	$143,722	$78,179
Current portion of long-term loan payables	114,150	–
Total current liabilities	257,872	78,179
Non-current liabilities
Long-term loan payables	987,438	–
Total non-current liabilities	987,438	–
TOTAL LIABILITIES	1,245,310	78,179
SHAREHOLDERS’ EQUITY
Common stock, $0.0001 par value, 1,000,000,000 shares authorized at December 31, 2023, 100,000,000 at December 31, 2022, 503,466,410 and 348,210,000 shares issued and outstanding at December 31, 2023 and 2022, respectively	50,347	34,821
Additional paid-in capital	20,138,264	13,938,364
Accumulated other comprehensive loss	–	–
Accumulated deficit	(14,342,505)	(14,039,308)
Shareholders’ equity	5,846,106	(66,123)
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$7,091,416	$12,056

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.