Company: IPSI
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110820
Chunk: 4

Company: Innovative Payment Solutions, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 4
---
  
     52,735 
  
    Stock based compensation 
     -  
     -  
     -  
     -  
     17,815  
     -  
     17,815 
  
    Net loss 
     -  
     -  
     -  
     -  
     -  
     (3,749,821) 
     (3,749,821)
  
    Balance at March 31, 2025 
     -  
    $-  
     73,889,435  
    $7,389  
    $52,954,852  
    $(66,888,951) 
    $(13,926,710)
  
    Conversion of convertible debt 
     -  
     -  
     246,060,622  
     24,606  
     776,287  
     -  
     800,893 
  
    Fair value of securities anti-dilution deemed dividend 
     -  
     -  
     -  
     -  
     1,430,065  
     (1,430,065) 
     - 
  
    Fair value of warrants issued to convertible debt holders 
     -  
     -  
     -  
     -  
     52,432  
     -  
     52,432 
  
    Stock based compensation 
     -  
     -  
     -  
     -  
     1,371  
     -  
     1,371 
  
    Net loss 
     -  
     -  
     -  
     -  
     -  
     (20,571,243) 
     (20,571,243)
  
    Balance at June 30, 2025 
     -  
    $-  
     319,950,057  
    $31,995  
    $55,215,007  
    $(88,890,259) 
    $(33,643,257)
  
    Conversion of convertible debt 
     -  
     -  
     64,786,874  
     6,479