Company: APCXW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002130
Chunk: 763

Company: AppTech Payments Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9B
Chunk 763
---
 of convertible note payable 
     –  
     (679)
  
    Proceeds received from exercise of stock options and warrants 
     1,010  
     33 
  
    Net cash provided by financing activities 
     8,203  
     7,178 
  
    Changes in cash and cash equivalents 
     (413) 
     (2,181)
  
    Cash and cash equivalents, beginning of year 
     1,281  
     3,462 
  
    Cash and cash equivalents, end of year 
    $868  
    $1,281 
  
    SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: 

    Cash paid for interest 
    $67  
    $1,233 
  
    Cash paid for income taxes 
    $–  
    $– 
  
    NON-CASH INVESTING AND FINANCING ACTIVITIES 

    Cancellation of stock repurchase liabilities 
    $–  
    $430 
  
    Accrual of the acquisition consideration 
    $–  
    $1,500 
  
    Goodwill from acquisition 
    $–  
    $1,161 
  
    Intangible assets from acquisition 
    $–  
    $4,400 
  
    ROU assets and lease liabilities recognized from the new lease 
    $86  
    $– 
  
    Shares issued for debt conversion 
    $1,126  
    $2,440 
  
    Shares issued for prepaid services 
    $68  
    $– 
  
    Shares issued with notes payable 
    $124  
    $– 
  
    Warrants issued with convertible notes payable 
    $334  
    $– 

See accompanying notes to the consolidated financial
statements.

 29 

APPTECH PAYMENTS CORP. 

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

($ in thousands, except per share data)

NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

AppTech Payments Corp. (“AppTech” or the
“Company”), a Delaware corporation, is a Fintech Company headquartered in Carlsbad, California. AppTech utilizes innovative
payment processing and digital banking technologies to complement its core merchant services capabilities. The Company’s proprietary
software will provide progressive and adaptable products that are available through a suite of synergistic offerings directly to merchants,
banking institutions, and