Company: IPSI
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076595
Chunk: 3

Company: Innovative Payment Solutions, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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     (20,571,243) 
     (797,645) 
     (24,321,064) 
     (1,129,110)
  
    Deemed dividend 
     (1,430,065) 
     -  
     (1,780,429) 
     - 
  
    Net loss attributable to common stockholders 
     (22,001,308) 
     (797,645) 
     (26,101,493) 
     (1,129,110)

    Basic and diluted loss per share 
    $(0.11) 
    $(0.06) 
    $(0.23) 
    $(0.08)
  
    Weighted Average Number of Shares Outstanding – Basic and diluted 
     195,354,467  
     13,819,889  
     115,531,476  
     13,819,889 

See accompanying notes
to the unaudited condensed  financial statements.

2

INNOVATIVE PAYMENT SOLUTIONS, INC.

Condensed Statements
of Changes in Stockholders’ Equity (Deficit)

(Unaudited)

    Preferred Stock Shares  
    Amount  
    Common Stock Shares  
    Amount  
    Additional Paid-in Capital  
    Accumulated Deficit  
    Total Stockholders’ Equity (Deficit) 
  
    Balance at December 31, 2024 
     -  
    $-  
     19,081,446  
    $1,908  
    $52,202,117  
    $(62,788,766) 
    $(10,584,741)
  
    Conversion of convertible debt 
     -  
     -  
     54,807,989  
     5,481  
     331,821  
     -  
     337,302 
  
    Fair value of securities anti-dilution deemed dividend 
     -  
     -  
     -  
     -  
     350,364  
     (350,364) 
     - 
  
    Fair value of warrants issued to convertible debt holders 
     -  
     -  
     -  
     -  
     52,735  
     -  
     52,735