Company: APCXW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002130
Chunk: 428

Company: AppTech Payments Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 428
---
  
     –  
     – 
  
    Shares issued with Notes Payable 
     –  
     –  
     130,000  
     –  
     124  
     –  
     124 
  
    Balance December 31, 2024 
     14  
    $–  
     33,278,934  
    $33  
    $174,131  
    $(168,697) 
    $5,467 

See accompanying notes to the consolidated financial
statements.

 28 

APPTECH PAYMENTS CORP. 

CONSOLIDATED STATEMENTS OF CASH FLOWS

($ in thousands, except per share data)

    December 31, 2024  
    December 31, 2023 
  
    CASH FLOWS FROM OPERATING ACTIVITIES: 

    Net loss 
    $(8,933) 
    $(18,512)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Stock based compensation 
     1,392  
     3,476 
  
    Expense/loss from shares issued for settlement 
     –  
     400 
  
    (Gain) loss on debt extinguishment 
     (1,245) 
     17 
  
    Cancellation of stock repurchase liabilities 
     –  
     (430)
  
    Impairment of intangible assets 
     –  
     6,131 
  
    Gain on settlement of convertible note, warrants and derivative liabilities 
     –  
     (250)
  
    Amortization of debt discount 
     579  
     4 
  
    Amortization of intangible assets and software 
     1,423  
     985 
  
    Change in fair value of derivative liabilities 
     –  
     (27)
  
    Write-off of note receivable 
     26  
     – 
  
    Changes in operating assets and liabilities: 

    Accounts receivable 
     (12) 
     21 
  
    Prepaid expenses 
     46  
     362 
  
    Other current assets 
     (1,350) 
     – 
  
    Accounts payable 
     1,150  
     540 
  
    Accrued liabilities