Security
Biddance AI Systems, Inc. Class A Ordinary Share · BDAI
BDAINASDAQCommon stockCurrentCIK 1742341Updated Oct 31, 2026
Name history
HiTek Global Inc. · through Aug 14, 2026
BDAI price & chart
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NASDAQ:BDAI on TradingView ↗About the company
Hitek Global Inc., headquartered in Xiamen, China, is an information technology (“IT”) consulting and solutions service provider in China. The Company operates two lines of business: (1) services for small and medium-sized businesses, consisting of Anti-Counterfeiting Tax Control System (“ACTCS”) tax devices, ACTCS services, and IT services, and (2) services for large businesses, consisting of hardware sales and software sales. The Company's vision is to become a one-stop destination for comprehensive IT consulting and other business consulting services in China. For more information, please visit the Company’s website at http://www.xmhitek.com/.
In the news
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q2 2025 | Q2 2024 | Q2 2023 | Q2 2022 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| AssetsUSD | 41,111,545Source | 43,504,152Source | 33,182,147Source | — | 42,581,032Source | 41,542,190Source | 35,428,040Source | 21,205,091Source |
| Property, Plant and Equipment, NetUSD | 611,466Source | 946,354Source | 235,395Source | — | 475,189Source | 744,941Source | 403,330Source | 122,967Source |
| Current assets: | ||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 8,198,325Source | 7,216,058Source | 5,495,270Source | — | 3,611,999Source | 7,236,798Source | 9,311,537Source | 1,203,160Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,148,780Source | 1,938,191Source | 1,263,451Source | — | 5,407,989Source | 1,385,761Source | 2,118,738Source | 3,271,218Source |
| Inventory, NetUSD | 140,880Source | 192,683Source | 456,516Source | — | 79,411Source | 154,471Source | 219,505Source | 430,670Source |
| Assets, CurrentUSD | 34,348,326Source | 37,294,905Source | 22,374,777Source | — | 40,792,426Source | 34,186,178Source | 24,786,599Source | 12,102,158Source |
| Prepaid Expense and Other Assets, CurrentUSD | 398,504Source | 1,914,694Source | 602,496Source | 94,925Source | 491,712Source | 1,506,297Source | 352,919Source | 94,925Source |
| Operating Lease, Right-of-Use AssetUSD | 611,466Source | — | 4,800Source | — | 475,189Source | — | 3,309Source | 6,641Source |
| Other Assets, NoncurrentUSD | — | — | — | — | — | — | — | 9,102,933Source |
| LIABILITIES AND EQUITY | ||||||||
| LiabilitiesUSD | 6,516,315Source | 15,359,613Source | 7,224,843Source | — | 6,570,720Source | 6,267,270Source | 7,090,454Source | 7,678,565Source |
| Stockholders’ equity: | ||||||||
| Common Stock, Value, IssuedUSD | — | — | 1,439Source | — | — | — | 1,439Source | 1,099Source |
| Additional Paid in CapitalUSD | — | — | 16,721,551Source | — | — | 24,920,060Source | 16,721,551Source | 2,628,356Source |
| Retained Earnings (Accumulated Deficit)USD | 9,574,949Source | 11,509,410Source | 9,174,695Source | — | 10,671,200Source | 10,491,058Source | 11,387,748Source | 10,340,107Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -738,924Source | -924,076Source | -776,596Source | — | -420,093Source | -975,343Source | -609,367Source | -279,251Source |
| Stockholders' Equity Attributable to ParentUSD | 34,595,230Source | 28,144,539Source | 25,957,304Source | 13,126,030Source | 36,010,312Source | 35,274,920Source | 28,337,586Source | 13,526,526Source |
| Additional Paid in Capital, Common StockUSD | 24,920,060Source | 16,721,551Source | — | — | 24,920,060Source | — | — | — |
| Liabilities and EquityUSD | 41,111,545Source | 43,504,152Source | 33,182,147Source | — | 42,581,032Source | 41,542,190Source | 35,428,040Source | 21,205,091Source |
| Current liabilities: | ||||||||
| Liabilities, CurrentUSD | 2,406,754Source | 5,424,672Source | 5,708,023Source | — | 4,954,667Source | 2,613,369Source | 3,372,752Source | 4,203,695Source |
| Operating Lease, Liability, CurrentUSD | — | — | 3,162Source | — | — | — | 3,309Source | 3,242Source |
| Accounts Payable, CurrentUSD | 209,181Source | 599,806Source | 559,573Source | — | 292,065Source | 255,950Source | 532,130Source | 696,734Source |
| Operating Lease, Liability, NoncurrentUSD | — | — | 1,638Source | — | — | — | — | 3,399Source |
| Deferred Income Tax Liabilities, NetUSD | 1,527,061Source | 1,734,941Source | 1,515,182Source | — | 1,616,053Source | 1,598,909Source | 1,604,163Source | 1,300,421Source |
| Additional Financial Items | ||||||||
| Accounts Receivable, after Allowance for Credit LossUSD | — | — | — | — | 6,435,410Source | — | — | — |
| Accrued Liabilities, CurrentUSD | 119,537Source | 338,183Source | — | — | 148,342Source | 130,691Source | — | — |
| Deferred Revenue, CurrentUSD | — | — | — | — | — | — | 166,760Source | 977,054Source |
| Deferred Revenue, NoncurrentUSD | — | — | — | — | — | — | — | 4,209,546Source |
| Deferred Tax Liabilities, NetUSD | 1,527,061Source | 1,734,941Source | 1,515,182Source | — | 1,616,053Source | 1,598,909Source | 1,604,163Source | 1,300,421Source |
| Short-term InvestmentsUSD | 21,600,727Source | 18,139,445Source | 6,727,141Source | — | 18,044,168Source | 22,932,540Source | 8,837,445Source | 4,290,348Source |
cash flow · annual statements
| Line item | Q2 2025 | Q2 2024 | Q2 2023 | Q2 2022 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | — | 1,415,745Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | 294,191Source | 259,554Source | 50,662Source | 21,881Source |
| Changes in operating assets and liabilities: | ||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | 2,982,936Source | -2,990,258Source | -567,480Source | 2,490,725Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | -79,126Source | -59,802Source | -194,872Source | 57,899Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | 26,557Source | -265,203Source | -146,642Source | 225,198Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | -51,435Source | 39,747Source | 339,332Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | -1,535,849Source | -688,538Source | -61,912Source | 3,824,050Source |
| Cash flows from investing activities: | ||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | -2,109,565Source | -9,560,796Source | -6,946,555Source | -7,349,231Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 186,499Source | — |
| Cash flows from financing activities: | ||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | 8,200,000Source | 15,142,902Source | 2,749,498Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | -3,624,799Source | -2,074,739Source | 8,108,377Source | -888,148Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 8,198,325Source | 7,216,058Source | 5,495,270Source | 1,690,819Source | 3,611,999Source | 7,236,798Source | 9,311,537Source | 1,203,160Source |
| Supplemental disclosure of cash flow information: | ||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | 51,420Source | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | — | 20,615Source | -25,405Source | -26,058Source | -112,465Source |
| Additional Financial Items | ||||||||
| AmortizationUSD | — | — | — | — | — | 171,504Source | — | — |
| Debt Securities, Realized Gain (Loss)USD | — | — | — | — | 846,247Source | — | — | — |
| DepreciationUSD | — | — | — | — | — | — | 50,662Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | -1,413Source | — |
| General and Administrative ExpenseUSD | — | — | — | — | 2,477,412Source | 2,751,313Source | 1,819,531Source | 1,472,648Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | — | 1,415,745Source |
| Income Tax Expense (Benefit)USD | — | — | — | — | -51,435Source | 39,747Source | 546,885Source | 453,218Source |
| InterestExpenseNonoperatingUSD | — | — | — | — | 308,870Source | 313,937Source | — | — |
| Inventory Write-downUSD | — | — | — | — | 485Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | — | — | — | — | 180,142Source | -896,690Source | 1,047,641Source | 1,415,745Source |
| Nonoperating Income (Expense)USD | — | — | — | — | 1,920,126Source | 890,201Source | 1,493,465Source | — |
| Operating ExpensesUSD | — | — | — | — | 2,481,890Source | 2,753,029Source | 1,820,179Source | 1,909,833Source |
| Other Nonoperating Income (Expense)USD | — | — | — | — | 2,716Source | — | — | — |
| Other Operating Income (Expense), NetUSD | — | — | — | — | — | 50,796Source | — | — |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | 8,200,000Source | 15,142,902Source | — |
| Realized Investment Gains (Losses)USD | — | — | — | — | 1,382,934Source | — | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | — | 6,536,184Source | 2,904,950Source | 4,563,731Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 6,536,184Source | 2,904,950Source | — | 6,428,608Source |
| Cost of Goods and Services Sold | —Source | —Source | —Source | —Source |
| Operating Income (Loss)USD | -1,791,419Source | -1,747,144Source | 101,061Source | 1,627,210Source |
| Other Nonoperating Income (Expense)USD | 2,716Source | — | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 128,707Source | -856,943Source | 1,594,526Source | 1,868,963Source |
| Income Tax Expense (Benefit)USD | -51,435Source | 39,747Source | 546,885Source | 453,218Source |
| Net Income (Loss) Attributable to ParentUSD | 180,142Source | -896,690Source | 1,047,641Source | 1,415,745Source |
| Earnings Per Share, BasicUSD per share | 0.02Source | -0.04Source | 0.08Source | 0.13Source |
| Earnings Per Share, DilutedUSD per share | 0.02Source | -0.04Source | 0.08Source | 0.13Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 8,614,147Source | 20,603,614Source | 13,257,469Source | 10,987,679Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 8,614,147Source | 20,603,614Source | 13,257,469Source | 10,987,679Source |
| Interest Expense (non-operating)USD | 308,870Source | 313,937Source | — | — |
| Additional Financial Items | ||||
| Costs and ExpensesUSD | 1,306,000Source | 1,306,000Source | — | 199,414Source |
| Current Income Tax Expense (Benefit)USD | — | — | 207,553Source | — |
| Debt Securities, Realized Gain (Loss)USD | 846,247Source | — | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | 21,881Source |
| General and Administrative ExpenseUSD | 2,477,412Source | 2,751,313Source | 1,819,531Source | 1,472,648Source |
| Gross ProfitUSD | 690,471Source | 1,005,885Source | 1,921,240Source | 3,537,043Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 350,573Source | -781,182Source | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | 1,415,745Source |
| Interest and Other IncomeUSD | 659,221Source | 880,044Source | 909,362Source | — |
| Interest ExpenseUSD | — | — | 313,861Source | — |
| Interest Expense, DebtUSD | 308,870Source | — | — | 277,894Source |
| Interest Income (Expense), NetUSD | — | 225,665Source | 102,418Source | 21,699Source |
| Interest Income, OtherUSD | 843,346Source | 921,228Source | 911,875Source | 555,789Source |
| Investment Income, NetUSD | 1,382,934Source | 336,241Source | 330,552Source | -19,363Source |
| Net Investment IncomeUSD | — | 58,130Source | 208,626Source | -19,363Source |
| Nonoperating Income (Expense)USD | 1,920,126Source | 890,201Source | 1,493,465Source | — |
| Operating ExpensesUSD | 2,481,890Source | 2,753,029Source | 1,820,179Source | 1,909,833Source |
| Other ExpensesUSD | — | — | — | 1,360,000Source |
| Other General ExpenseUSD | — | — | — | 1,116,860Source |
| Other Operating Income (Expense), NetUSD | — | 50,796Source | — | — |
| Realized Investment Gains (Losses)USD | 1,382,934Source | — | — | — |
| Research and Development ExpenseUSD | — | — | 38,221Source | 42,052Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 6,536,184Source | 2,904,950Source | 4,563,731Source | — |
| Selling ExpenseUSD | 4,478Source | 1,716Source | 648Source | 437,185Source |
Filing attachments
ea030925202ex99-1.htm · 6-K/A · 2026-10-27
Exhibit 99.1 BIDDANCE AI SYSTEMS, INC. AND SUBSIDIARIES INDEX TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Condensed Consolidated Balance Sheets as of June 30, 2026 and December 31, 2025 F-2 Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss for the Six Months Ended June 30, 2026 and 2025 F-3 Unaudited Condensed Consolidated Statements of Changes in Shareholders’ Equity for the Six Month…
Read attachment ↗ea030925202ex99-2.htm · 6-K/A · 2026-10-27
Exhibit 99.2 BIDDANCE AI SYSTEMS INC. AND SUBSIDIARIES MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS June 30, 2026 and 2025 The following discussion and analysis should be read in conjunction with our unaudited condensed consolidated financial statements and related notes thereto. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This report contains certain statements that may be deemed “forward-looking statements” within the meaning of Unit…
Read attachment ↗ea030925201ex99-1.htm · 6-K · 2026-10-23
Exhibit 99.1 BIDDANCE AI SYSTEMS, INC. AND SUBSIDIARIES INDEX TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Condensed Consolidated Balance Sheets as of June 30, 2026 and December 31, 2025 F-2 Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss for the Six Months Ended June 30, 2026 and 2025 F-3 Unaudited Condensed Consolidated Statements of Changes in Shareholders’ Equity for the Six Month…
Read attachment ↗ea030925201ex99-2.htm · 6-K · 2026-10-23
Exhibit 99.2 BIDDANCE AI SYSTEMS INC. AND SUBSIDIARIES MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS June 30, 2026 and 2025 The following discussion and analysis should be read in conjunction with our unaudited condensed consolidated financial statements and related notes thereto. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This report contains certain statements that may be deemed “forward-looking statements” within the meaning of Unit…
Read attachment ↗ea030095401ex99-1.htm · 6-K · 2026-08-06
Exhibit 99.1 Hitek Announces Entry into Share Purchase Agreement to Acquire an Advertising and Digital Marketing Company XIAMEN, China, August 3, 2026 /PRNewswire/ -- Hitek Global Inc. (Nasdaq: HKIT) (the “Company” or “Hitek”), an information technology consulting and solutions provider, today announced that, on August 3, 2026, it entered into a Share Purchase Agreement (the “SPA”) with MAI THỊ MỸ ÚT (the “Seller”) and certain other parties, pursuant to which Hitek will acquire from the Seller…
Read attachment ↗ea029540801ex99-1.htm · 6-K · 2026-07-01
Exhibit 99.1 Hitek Announces 1-for-25 Reverse Split XIAMEN, China, July 1, 2026 /PRNewswire/ -- HiTek Global Inc. (Nasdaq: HKIT) (the “Company”), an information technology consulting and solutions provider, announced today that it will effect a reverse split (the “Reverse Split”) at a ratio of 1-for-25, to be effective on July 6, 2026. Beginning with the opening of trading on July 6, 2026, the Company’s Class A ordinary shares (“Class A Ordinary Shares”) will begin trading on the Nasdaq Capita…
Read attachment ↗