Research analysts covering Trident Digital Tech Holdings.
Recent press releases and 8-K filings for TDTH.
Trident Digital Tech Holdings Ltd Reports First Half 2025 Financial Results and Strategic Developments
TDTH
Earnings
New Projects/Investments
Debt Issuance
- For the six months ended June 30, 2025, Trident Digital Tech Holdings Ltd reported total revenues of US$36,612, a 90.34% decrease from US$378,839 in the prior year period, and a net loss of US$11,271,548, significantly higher than the US$1,927,027 net loss in the first half of 2024.
- The company's financial performance was impacted by a strategic shift, phasing out business consulting and re-allocating resources to its Tridentity platform and digital identity system, which led to a US$6.9 million increase in non-employee share-based compensation and higher research and development expenses for DRCPass.
- Due to recurring net losses and significant net cash used in operating activities, there is substantial doubt about the Group's ability to continue as a going concern.
- To address liquidity, the company secured US$2.0 million in net proceeds from convertible promissory notes in August 2025 and US$2,374,566 in net proceeds from a PIPE transaction in September 2025, alongside a financial support letter for up to SGD 8.0 million from its ultimate controller.
Sep 23, 2025, 11:00 AM
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