Company: IPSI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026455
Chunk: 57

Company: Innovative Payment Solutions, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 57
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MENTS
OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIT)
FOR THE PERIOD JANUARY 1, 2023 TO DECEMBER 31, 2024

    Preferred Stock Shares  
    Amount 
    Common Stock Shares 
    Amount 
    Additional Paid-in Capital 
    Accumulated Deficit  
    Non-controlling shareholders interest  
    Total Stockholders’ Equity (Deficit) 
  
    Balance at December 31, 2022
     
                -  
    $          - 
     12,563,426 
    $1,256 
    $48,442,355 
    $(52,399,858) 
    $           1,597  
    $(3,954,650)
  
    Conversion of convertible debt
     
     -  
     - 
     1,253,625 
     126 
     523,135 
     -  
     -  
     523,261 
  
    Additional shares issued on reverse stock split
     
     -  
     - 
     2,838 
     - 
     - 
     -  
     -  
     - 
  
    Fair value of warrants issued for services
     
     -  
     - 
     - 
     - 
     159,004 
     -  
     -  
     159,004 
  
    Fair value of warrants issued to convertible debt holders
     
     -  
     - 
     - 
     - 
     1,045,655 
     -  
     -  
     1,045,655 
  
    Stock based compensation
     
     -  
     - 
     - 
     - 
     377,856 
     -  
     -  
     377,856 
  
    Fair value of warrants issued for equity method investments
     
     -  
     - 
     - 
     - 
     108,220 
     -  
     -  
     108,220 
  
    Net loss
     
     -  
     - 
     - 
     - 
     - 
     (5,835