Company: APCXW
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001683168-25-003561
Chunk: 4

Company: AppTech Payments Corp.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 4
---
    March 31, 2024 
  
    CASH FLOWS FROM OPERATING ACTIVITIES: 

    Net loss 
    $(2,641) 
    $(3,037)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Stock based compensation 
     836  
     487 
  
    Amortization of intangible assets and software 
     379  
     347 
  
    Gain on debt extinguishment 
     (13) 
     – 
  
    Changes in operating assets and liabilities: 

    Accounts receivable 
     (45) 
     8 
  
    Prepaid expenses 
     (76) 
     21 
  
    Accounts payable 
     (48) 
     166 
  
    Accrued liabilities 
     (192) 
     (89)
  
    Deferred revenue 
     –  
     (62)
  
    Right of use asset and liability, net 
     (1) 
     (5)
  
    Net cash used in operating activities 
     (1,801) 
     (2,164)
  
    CASH FLOWS FROM INVESTING ACTIVITIES 

    Net cash used in investing activities 
     –  
     – 
  
    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Proceeds from sale of common stock 
     –  
     2,438 
  
    Proceeds from an equity receivable 
     1,350  
     – 
  
    Repayment of notes payable 
     –  
     (2)
  
    Net cash provided by financing activities 
     1,350  
     2,436 
  
    Changes in cash and cash equivalents 
     (451) 
     272 
  
    Cash and cash equivalents, beginning of period 
     868  
     1,281 
  
    Cash and cash equivalents, end of period 
    $417  
    $1,553 
  
    Supplemental disclosures of cash flows information: 

    Cash paid for interest 
    $34  
    $1 
  
    Cash paid for income taxes 
    $–  
    $– 
  
    NON-CASH INVESTING AND FINANCING ACTIVITIES 

    Issuance of stock for prepaid