Company: APCXW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002130
Chunk: 32

Company: AppTech Payments Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 32
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     1,392  
     3,476 
  
    Expense/loss from shares issued for settlement 
     –  
     400 
  
    (Gain) loss on debt extinguishment 
     (1,245) 
     17 
  
    Cancellation of stock repurchase liabilities 
     –  
     (430)
  
    Impairment of intangible assets 
     –  
     6,131 
  
    Gain on settlement of convertible note, warrants and derivative liabilities 
     –  
     (250)
  
    Amortization of debt discount 
     579  
     4 
  
    Amortization of intangible assets and software 
     1,423  
     985 
  
    Change in fair value of derivative liabilities 
     –  
     (27)
  
    Write-off of note receivable 
     26  
     – 
  
    Changes in operating assets and liabilities: 

    Accounts receivable 
     (12) 
     21 
  
    Prepaid expenses 
     46  
     362 
  
    Other current assets 
     (1,350) 
     – 
  
    Accounts payable 
     1,150  
     540 
  
    Accrued liabilities 
     (413) 
     (1,809)
  
    Deferred revenue 
     (94) 
     244 
  
    Right of use asset and liability, net 
     (26) 
     (11)
  
    Net cash used in operating activities 
     (7,457) 
     (8,859)
  
    CASH FLOWS FROM INVESTING ACTIVITIES 

    Capitalized software development 
     (1,081) 
     – 
  
    Other assets 
     (78) 
     – 
  
    Acquisition 
     –  
     (500)
  
    Net cash used in investing activities 
     (1,159) 
     (500)
  
    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Payments on loans payable - related parties 
     –  
     (88)
  
    Proceeds from sale of common stock 
     6,288  
     8,933 
  
    Proceeds from note payable 
     200