Company: IPSI
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076595
Chunk: 53

Company: Innovative Payment Solutions, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 53
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%
  
    Expected dividend rate 
     0%

A summary of option activity during
the period January 1, 2024 to June 30, 2025 is as follows:

    Shares Underlying options  
    Exercise price per share  
    Weighted average exercise price 
  
    Outstanding January 1, 2024 
     1,520,002  
     $1.20 to 12.00  
    $4.46 
  
    Granted 
     -  
     -  
     - 
  
    Forfeited/Cancelled 
     (6,667) 
     1.20  
     1.20 
  
    Exercised 
     -  
     -  
     - 
  
    Outstanding December 31, 2024 
     1,513,335  
     $1.20 to 12.00  
    $4.47 
  
    Granted 
     600,000  
     0.09  
     0.09 
  
    Forfeited/Cancelled 
     (333,334) 
     4.50  
     4.50 
  
    Exercised 
     -  
     -  
     - 
  
    Outstanding June 30, 2025 
     1,780,001  
     $0.09 to 12.00  
    $2.989 

The options outstanding and exercisable
at June 30 2025 are as follows:

      Options Outstanding   Options Exercisable   Exercise Price*   Number Outstanding   Weighted Average Remaining Contractual life in years   Weighted Average Exercise Price   Number Exercisable   Weighted Average Exercise Price   Weighted Average Remaining Contractual life in years   $0.09    600,000    9.53         350,000         9.53   $1.20    13,334    7.21         13,334         7.21   $4.50    1,166,667    6.52         1,166,667         6.52         1,780,001