Company: APCXW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002130
Chunk: 536

Company: AppTech Payments Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7
Chunk 536
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 and
    $982 thousand, for the years ended December 31, 2024 and 2023, respectively 
     1,977  
     3,498 
  
    Total operating expenses 
     9,771  
     19,502 

    Loss from operations 
     (9,547) 
     (19,185)

    Other income (expenses) 

    Interest expense 
     (646) 
     (52)
  
    Change in fair value of derivative liability 
     –  
     27 
  
    Gain (loss) on debt extinguishment 
     1,245  
     (17)
  
    Other income (expenses) 
     15  
     715 
  
    Total other expenses 
     614  
     673 

    Loss before provision for income taxes 
     (8,933) 
     (18,512)

    Provision for income taxes 
     –  
     – 

    Net loss 
    $(8,933) 
    $(18,512)
  
    Deemed dividend related to warrant resets 
     (15) 
     (763)
  
    Net loss attributable to common stockholders 
    $(8,948) 
    $(19,275)

    Basic and diluted net loss per common share 
    $(0.35) 
    $(1.01)
  
    Weighted-average number of shares used basic and diluted per share amounts 
     25,305,837  
     19,103,000 

See accompanying notes to the consolidated financial
statements.

 27 

APPTECH PAYMENTS CORP. 

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

($ in thousands, except per share data)

    Series A Preferred  
    Common Stock  
    Additional Paid-in  
    Accumulated  
    Stockholders’ 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
    Equity 

    Balance December 31, 2022 
     14  
    $–  
     16,697,280  
    $17  
    $147,881  
    $(140,474) 
    $7,424 
  
    Net loss 
     –  
     –  
     –