Company: APCXW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002130
Chunk: 206

Company: AppTech Payments Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 206
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    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 
     (413) 
     (1,809)
  
    Deferred revenue 
     (94) 
     244 
  
    Right of use asset and liability, net 
     (26) 
     (11)
  
    Net cash used in operating activities 
     (7,457) 
     (8,859)
  
    CASH FLOWS FROM INVESTING ACTIVITIES 

    Capitalized software development 
     (1,081) 
     – 
  
    Other assets 
     (78) 
     – 
  
    Acquisition 
     –  
     (500)
  
    Net cash used in investing activities 
     (1,159) 
     (500)
  
    CASH F