GD Culture Group Ltd files 10-Q

GD Culture Group Limited reported a significant net loss of $164,065,993 for the three months ended March 31, 2026, a substantial increase from the $977,510 net loss in the same period of 2025, primarily driven by a $162 million unrealized loss on digital assets. The company is undergoing a strategic transition, scaling back AI initiatives to focus on interactive reading and narrative entertainment, and has a working capital deficit of approximately $1.7 million as of March 31, 2026.