Company: APCXW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001683168-25-008326
Chunk: 0

Company: AppTech Payments Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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APPTECH PAYMENTS CORP.

CONSOLIDATED FINANCIAL STATEMENTS

INDEX TO UNAUDITED FINANCIAL STATEMENTS

(The financial statements have been condensed
for presentation purposes)

    Pages

    Consolidated Balance Sheets as of September 30, 2025 and December 31, 2024
    5

    Consolidated Statements of Operations for the Three and Nine Months ended September 30, 2025 and 2024
    6

    Consolidated Statements of Stockholders’ Equity for the Three and Nine Months ended September 30, 2025 and 2024
    7

    Consolidated Statements of Cash Flows for the Nine Months ended September 30, 2025 and 2024
    8

    Notes to the Consolidated Financial Statements
    9

 4 

APPTECH PAYMENTS CORP.

CONSOLIDATED BALANCE SHEETS 

AS OF SEPTEMBER 30, 2025 AND DECEMBER 31,
2024

(UNAUDITED)

(in thousands, except shares and per share data)

    September 30, 2025  
    December 31, 2024 
  
    ASSETS 

    Current assets 

    Cash and cash equivalents 
    $439  
    $868 
  
    Accounts receivable 
     96  
     43 
  
    Prepaid expenses 
     30  
     159 
  
    Equity receivable 
     –  
     1,350 
  
    Total current assets 
     565  
     2,420 
  
    Note receivable 
     250  
     – 
  
    Interest receivable 
     41  
     – 
  
    Right of use asset 
     36  
     86 
  
    Security deposit 
     37  
     86 
  
    Intangible assets, net of accumulated amortization 
     2,709  
     3,410 
  
    Goodwill 
     1,161  
     1,161 
  
    Capitalized software development, net of accumulated amortization 
     1,447  
     1,823 
  
    TOTAL ASSETS 
    $6,246  
    $8,986 
  
    LIABILITIES AND STOCKHOLDERS’ EQUITY 

    Current liabilities 

    Accounts payable 
    $