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

Company: AppTech Payments Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 10
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 5,527,617  
     3,211,838 
  
    Total 
     26,560,392  
     10,702,946 

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.

     12 

When evaluating the Company’s performance
and making key decisions regarding resource allocation the CODMs review several key metrics, which include the following:

Key
metrics used in segment reporting

    Three Months Ended June 30, 

    2025  
    2024 

    Revenues 
    $291  
    $76 
  
    Total operating expenses 
    $2,065  
    $2,953 

    Six Months Ended June 30, 

    2025  
    2024 

    Revenues 
    $508  
    $181 
  
    Total operating expenses 
    $4,810  
    $6,079 

The key measures of segment profit or loss reviewed
by our CODMs are revenue