Company: APCXW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001683168-25-008326
Chunk: 36

Company: AppTech Payments Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part II, Item 8
Chunk 36
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 number of common stock equivalents not included
in diluted income per share was 27,685,129 and 14,360,863 for the nine months ended September 30, 2025 and 2024, respectively. The weighted
average number of common stock equivalents is not included in diluted income (loss) per share because the effects are anti-dilutive.

    Schedule of weighted
average number of common stock equivalents 

    September 30, 2025  
    September 30, 2024 
  
    Series A preferred stock 
     1,148  
     1,148 
  
    Warrants 
     22,281,627  
     9,156,627 
  
    Options 
     5,402,354  
     5,203,088 
  
    Total 
     27,685,129  
     14,360,863 

Stock-Based Compensation

Stock options are valued using the estimated grant-date
fair value method of accounting in accordance with ASC Topic 718, Compensation – Stock Compensation. Fair value is determined based
on the Black-Scholes Model using inputs reflecting our estimates of expected volatility, term and future dividends. We recognize forfeitures
as they occur. The Company has several consulting agreements that have share-based payment awards based on performance. These agreements
typically require the Company to issue common stock to the consultants on a monthly basis. The Company records the fair market value of
the common stock issuable at each month end when the performance is complete based upon the closing market price of the Company’s
common stock.

Segment Reporting

In accordance with ASC 280, Segment Reporting
(“ASC 280”), we identify our operating segments according to how our business activities are managed and evaluated. ASC 280
establishes standards for companies to report financial statement information about operating segments, products, services, geographic
areas, and major customers. Operating segments are defined as components of an enterprise for which separate financial information is
available that is regularly evaluated by the Company’s chief operating decision makers (“CODMs”) in deciding how to
allocate resources and assess performance.

The CODMs have been identified as the Chief Executive
Officer and Chief Financial Officer, who reviews the operating results for the Company as a whole to make decisions about allocating resources
and assessing financial performance. Accordingly, management has determined that the Company only has one operating and reportable segment.

The key measures of segment profit or loss reviewed
by our COD