GD Culture Group Ltd. reported its financial results for the second quarter of 2025, revealing a significant increase in total assets and a notable reduction in net losses compared to the same period in the previous year. As of June 30, 2025, the company’s total assets reached $10.58 million, a substantial rise from $2.73 million at the end of 2024. This increase was primarily driven by a rise in intangible assets, which surged to $6.67 million from $1.10 million, reflecting the company's strategic investments in software and technology.

In terms of financial performance, GD Culture Group recorded a net loss of $1.50 million for the second quarter of 2025, a decrease from a net loss of $3.59 million in the same quarter of 2024. For the first half of 2025, the net loss was $2.48 million, down from $7.75 million in the first half of 2024. The company attributed this improvement to reduced operating expenses, which totaled $2.49 million for the first half of 2025, compared to $7.81 million in the prior year. Notably, selling and marketing expenses decreased significantly, from $2.40 million in the first half of 2024 to $0.30 million in the same period of 2025.

Operationally, GD Culture Group has made strides in expanding its market presence and enhancing its product offerings. The company reported an increase in its common stock shares outstanding, rising to 16.80 million as of June 30, 2025, from 11.17 million at the end of 2024. This increase was facilitated by various capital raises, including the issuance of common stock and pre-funded warrants, which collectively generated approximately $4.48 million in gross proceeds. The company is focusing on the live streaming and e-commerce sectors, particularly in the U.S. market, and is actively developing a mobile and web platform for interactive fiction.

Looking ahead, GD Culture Group has expressed optimism about its future growth prospects, although it acknowledges the need for additional financing to support ongoing operations. The company has indicated that it will continue to seek funding opportunities and has received commitments from its CEO for financial support if necessary. Management believes that the current liquidity position, with $1.12 million in cash and cash equivalents, will be sufficient to meet its obligations for at least the next twelve months. The company remains focused on leveraging its technological advancements and expanding its market share in the competitive landscape of digital content production and e-commerce.

About GD Culture Group Ltd

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