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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalent $ 2,649,211 $ 4,193,839
Restricted cash 70,721
Accounts receivable, net 16,707,880 17,281,112
Loan receivable, net 1,312,298 1,351,915
Prepayments, deposits and other current assets, net 2,349,367 1,702,483
Total Current Assets 23,635,813 25,497,485
Property and equipment, net 5,876,294 5,980,692
Intangible assets, net 3,171,269 11,072,858
Prepayments, deposits and other assets 37,554,060 37,689,697
Long term investment 43,944
Goodwill 4,838,820
Right-of-use assets-operating lease 658,187 338,017
Deferred tax assets 791,759 977,450
Total Assets 71,731,326 86,395,019
CURRENT LIABILITIES:    
Short-term bank loans 3,252,555 3,877,084
Accounts payable 16,381,903 18,073,964
Convertible notes 6,574,380
Deferred revenue 1,875,261 1,855,313
Operating lease liabilities -current 296,124 215,253
Taxes payable 126,825 244,770
Accrued expenses and other current liabilities 2,798,772 3,038,236
Total Current Liabilities 24,890,935 34,457,791
Operating lease liabilities -non-current 366,065 146,932
Deferred tax liabilities 1,882,829
Total Liabilities 25,257,000 36,487,552
COMMITMENTS AND CONTINGENCIES
EQUITY:    
Additional paid-in capital 325,148,808 363,712,513
Subscription receivable (4,711,396) (55,906,186)
Accumulated deficit (272,171,637) (255,789,851)
Accumulated other comprehensive loss (5,647,527) (6,072,241)
Total X3 Holdings Co., Ltd.’s Shareholders’ Equity 42,618,434 45,944,303
Non-controlling interest 3,855,892 3,963,164
Total Equity 46,474,326 49,907,467
Total Liabilities and Equity 71,731,326 86,395,019
Related Party    
CURRENT ASSETS:    
Due from related parties 617,057 897,415
CURRENT LIABILITIES:    
Due to a related party 222 218
Third Parties    
CURRENT LIABILITIES:    
Loan from third parties 159,273 578,573
Class A Common Shares    
EQUITY:    
Common shares, value 180 68
Class B Common Shares    
EQUITY:    
Common shares, value $ 6