Company: APCXW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001683168-25-008326
Chunk: 2

Company: AppTech Payments Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
 

    2025  
    2024  
    2025  
    2024 
  
    Revenues 
    $227  
    $43  
    $735  
    $224 
  
    Cost of revenues 
     100  
     24  
     335  
     49 
  
    Gross profit 
     127  
     19  
     400  
     175 

    Operating expenses: 

    Selling, general and administrative, including stock-based compensation of $112 and $306 for the three months ended September 30, 2025 and 2024, respectively, $981 and $1,214 for the nine months ended September 30, 2025 and 2024, respectively 
     1,373  
     1,867  
     4,493  
     6,669 
  
    Research and development, including stock-based compensation of $0 and $6 for the three months ended September 30, 2025 and 2024, respectively, $0 and $138 for the nine months ended September 30, 2025 and 2024, respectively 
     325  
     2  
     2,015  
     1,278 
  
    Total operating expenses 
     1,698  
     1,869  
     6,508  
     7,947 

    Loss from operations 
     (1,571) 
     (1,850) 
     (6,108) 
     (7,772)

    Other income (expenses) 

    Interest  expense 
     (17) 
     (18) 
     (24) 
     (53)
  
    Gain on debt extinguishment 
     –  
     –  
     13  
     – 
  
    Debt discount amortization 
     (50) 
     (151) 
     (50) 
     (151)
  
    Other expenses 
     (93) 
     (6) 
     (63) 
     (8)
  
    Total other expenses 
     (160) 
     (175) 
     (124) 
     (212)

    Loss before provision for income taxes 
     (1,731)