Company: IPSI
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110820
Chunk: 7

Company: Innovative Payment Solutions, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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ization of debt discount 
     227,025  
     874,193 
  
    Loss on settlement and repricing of convertible notes 
     5,966,969  
     4,643,454 
  
    Fair value of price protected warrants 
     8,250,469  
     2,051,405 
  
    Fair value of common shares issued for services 
     296,750  

    Deemed interest income 
     (28,846) 
     (19,614)
  
    Unrealized loss on equity method investments 
     -  
     660 
  
    Warrants issued for services 
     -  
     75,357 
  
    Stock based compensation 
     20,557  
     220,416 
  
    Changes in Assets and Liabilities 

    Receivable from equity method investments 
     -  
     (800)
  
    Other current assets 
     (49,530) 
     25,024 
  
    Accounts payable and accrued expenses 
     (15,884) 
     571,816 
  
    Related party payables 
     7,832  
     - 
  
    Interest receivable 
     (10,770) 
     - 
  
    Interest accruals 
     670,013  
     394,374 
  
    CASH USED IN OPERATING ACTIVITIES 
     (535,481) 
     (480,846)

    CASH FLOWS FROM INVESTING ACTIVITIES: 

    Investment in notes receivable 
     -  
     (288,333)
  
    Investment in equity method investment 
     -  
     (500)
  
    CASH USED IN INVESTING ACTIVITIES 
     -  
     (288,833)

    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Proceeds from bank overdraft 
        
     - 
  
    Proceeds from notes payable 
     -  
     233,333 
  
    Proceeds from convertible notes 
     542,000  
     785,502 
  
    Repayment of convertible notes 
     -  
     (298,556)
  
    NET CASH PROVIDED BY FINANCING ACTIVITIES 
     542,000