Company: APCXW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001683168-25-006148
Chunk: 42

Company: AppTech Payments Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part II, Item 8
Chunk 42
---
led 
     (1,962,079) 
     1.94  
     – 
  
    Outstanding as of June 30, 2025 
     5,527,617  
    $0.83  
     8.57 
  
    Outstanding as of June 30, 2025, vested 
     3,777,617  
    $0.88  
     8.37 

The unvested options include a total of 1,750 thousand
options contingent upon reaching specified sales milestones.

During the six months ended June 30, 2025, the Company
recorded $864 thousand in option expenses, which includes the modification expense noted above of $49 thousand.

The options vest in equal monthly installments ranging
from immediately to 12 months. For the six months ended June 30, 2025, the fair value of the options were valued using a Black-Scholes
option pricing model with the following assumptions:

    Schedule of fair value assumptions 

    Market value of common stock on issuance date 
    $0.25 - $0.47 
  
    Exercise price 
    $0.42 - $1.05 
  
    Expected volatility 
    133.71% - 153.07% 
  
    Expected term (in years) 
    3.0 - 10.0 
  
    Risk-free interest rate 
    4.0% - 4.21% 
  
    Expected dividend yields 
    – 

     18 

Warrants 

As of June 30, 2025, the Company has 21,031,627 warrants
outstanding. The following table summarizes warrant activity:

    Schedule of warrant activity 

    Number of Warrants  
    Weighted  Average  exercise price  
    Weighted  Average  remaining years 
  
    Outstanding December 31, 2024 
     15,906,627  
    $1.76  
     4.25 
  
    Cancelled 
     –  
     –  
     – 
  
    Issued 
     5,125,000  
     1.08  
     – 
  
    Outstanding as of June 30, 2025 
     21,031,627  
    $1.60  
     4.00 

NOTE 9 – SUB