Company: IPSI
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044146
Chunk: 3

Company: Innovative Payment Solutions, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 3
---
     -  
     350,364  
     (350,364) 
     - 
  
    Fair value of warrants issued to convertible debt holders 
     -  
     -  
     -  
     -  
     52,735  
     -  
     52,735 
  
    Stock based compensation 
     -  
     -  
     -  
     -  
     17,815  
     -  
     17,815 
  
    Net loss 
     -  
     -  
     -  
     -  
     -  
     (3,749,821) 
     (3,749,821)
  
    Balance at March 31, 2025 
     -  
    $-  
     73,889,435  
    $7,389  
    $52,954,852  
    $(66,888,951) 
    $(13,926,710)

    Preferred Stock Shares  
    Amount  
    Common Stock Shares  
    Amount  
    Additional Paid-in Capital  
    Accumulated Deficit  
    Total Stockholders’ Equity (Deficit) 
  
    Balance at December 31, 2023 
              -  
    $         -  
     13,819,889  
    $1,382  
    $50,656,225  
    $(58,235,618) 
    $(7,578,011)
  
    Fair value of warrants issued to convertible debt holders 
     -  
     -  
     -  
     -  
     44,813  
     -  
     44,813 
  
    Fair value of warrants issued on debt extinguishment 
     -  
     -  
     -  
     -  
     66,047  
     -  
     66,047 
  
    Fair value of warrants issued for services 
     -  
     -  
     -  
     -  
     36,207  
     -  
     36,207 
  
    Stock based compensation 
     -  
     -  
     -