Company: APCXW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001683168-25-006148
Chunk: 4

Company: AppTech Payments Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 4
---
 –  
     –  
     –  
     33  
     –  
     33 
  
    Net proceeds from sale of common shares 
     –  
     –  
     700,000  
     1  
     699  
     –  
     700 
  
    Balance June 30, 2025 
     14  
    $–  
     33,988,934  
    $34  
    $175,699  
    $(173,198) 
    $2,535 

See accompanying notes to the consolidated financial
statements.

 7 

APPTECH PAYMENTS CORP. 

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 and
2024

(UNAUDITED)

(in thousands, except shares and per share data)

    June 30, 2025  
    June 30, 2024 
  
    CASH FLOWS FROM OPERATING ACTIVITIES: 

    Net loss 
    $(4,501) 
    $(5,959)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Stock based compensation 
     869  
     1,040 
  
    Amortization of intangible assets and software 
     731  
     693 
  
    Gain on debt extinguishment 
     (13) 
     – 
  
    Amortization of debt discount 
     3  
     17 
  
    Changes in operating assets and liabilities: 

    Accounts receivable 
     (45) 
     16 
  
    Prepaid expenses 
     (14) 
     (102)
  
    Interest receivable 
     (36) 
     – 
  
    Accounts payable 
     80  
     781 
  
    Accrued liabilities 
     (153) 
     (283)
  
    Deferred revenue 
     –  
     (94)
  
    Right of use asset and liability, net 
     (1) 
     (10)
  
    Net cash used in operating activities 
     (3,080) 
     (3,901)
  
    CASH FLOWS FROM FINANCING ACTIVITIES: