Company: IPSI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026455
Chunk: 818

Company: Innovative Payment Solutions, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 3
Chunk 818
---
 financial statements.

F-4

INNOVATIVE PAYMENT
SOLUTIONS, INC.

CONSOLIDATED STATEMENTS
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
     
     -