Company: APCXW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001683168-25-006148
Chunk: 2

Company: AppTech Payments Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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 Ended June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Revenues 
    $291  
    $76  
    $508  
    $181 
  
    Cost of revenues 
     107  
     14  
     235  
     25 
  
    Gross profit 
     184  
     62  
     273  
     156 

    Operating expenses: 

    Selling, general and administrative, including stock based compensation of $33 and $462 for the three months ended June 30, 2025 and 2024, respectively, $869 and $909 for the six months ended June 30, 2025 and 2024, respectively 
     1,155  
     2,320  
     3,120  
     4,803 
  
    Research and development, including stock based compensation of $0 and $91 for the three months ended June 30, 2025 and 2024, respectively, $0 and $131 for the six months ended June 30, 2025 and 2024, respectively 
     910  
     633  
     1,690  
     1,276 
  
    Total operating expenses 
     2,065  
     2,953  
     4,810  
     6,079 

    Loss from operations 
     (1,881) 
     (2,891) 
     (4,537) 
     (5,923)

    Other income (expenses) 

    Interest income (expense) 
     26  
     (32) 
     (7) 
     (35)
  
    Change in fair value of derivative liability 
     –  
     –  
     13  
     – 
  
    Other income (expenses) 
     (5)  
     1  
     30  
     (1)
  
    Total other expenses 
     21  
     (31) 
     36  
     (36)

    Loss before provision for income taxes 
     (1,860) 
     (2,922) 
     (4,501) 
     (5,959)