Company: IPSI
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110820
Chunk: 1

Company: Innovative Payment Solutions, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 1
---
55,455,185  
     10,969,190 

    Stockholders’ (Deficit) 

    Preferred stock, $0.0001 par value, 100,000,000 shares authorized, and 0 shares issued and outstanding as of September 30, 2025 and December 31, 2024. 
     -  
     - 
  
    Common stock, $0.0001 par value; 1,500,000,000 shares authorized, 454,236,931 and 19,081,446 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively. 
     45,424  
     1,908 
  
    Additional paid-in-capital 
     56,110,580  
     52,202,117 
  
    Accumulated deficit 
     (111,132,702) 
     (62,788,766)
  
    Total Stockholders’ (deficit) 
     (54,976,698) 
     (10,584,741)
  
    Total Liabilities and Stockholders’ (Deficit) 
    $478,487  
    $384,449 

See accompanying notes
to the unaudited condensed financial statements.

1

INNOVATIVE PAYMENT SOLUTIONS, INC.

Condensed Statements
of Operations

(Unaudited)

    Three months ended  
    Three months ended  
    Nine months
ended  
    Nine months ended 

    September 30,  
    September 30,  
    September 30,  
    September 30, 

    2025  
    2024  
    2025  
    2024 

    Net Revenue 
    $-  
    $-  
    $-  
    $- 

    Cost of Goods Sold 
     -  
     -  
     -  
     - 

    Gross loss 
     -  
     -  
     -  
     - 

    General and administrative 
     366,117  
     296,438  
     791,061  
     1,330,367 
  
    Depreciation and amortization 
     543  
     543