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Balance Sheets Overview

Current Ratio
0.14%
Quick Ratio
0.14%
Cash Ratio
0.00%
Debt to Asset Ratio
240.99%
Unit: Dollar
Assets Breakdown
    • Prepaid expenses
    • Plant and equipment
    • Cash
    • Equity method investment
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in-capital
    • Derivative liability
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash
48
11,602
29,804
7,045
Other current assets
-
45,821
41,669
57,424
Notes receivable current portion
-
-
-
410,786
Prepaid expenses
33,026
-
-
-
Total current assets
33,074
57,423
71,473
475,255
Plant and equipment
2,029
2,359
2,689
3,231
Intangible assets
9,600,000
-
-
-
Equity method investment
1
4,200,001
4,200,001
1
Total non-current assets
9,602,030
4,202,360
4,202,690
3,232
Total assets
9,635,104
4,259,783
4,274,163
478,487
Accounts payable
-
2,345,311
2,510,541
2,543,058
Bank overdraft
1,426
-
-
-
Related party payables
-
-
7,832
7,832
Accounts payable
2,069,591
-
-
-
Accrued interest on federal relief loans
13,242
11,840
11,184
10,497
Notes payable
2,124,119
2,060,228
1,997,040
1,931,852
Convertible debt, net of unamortized discount of 104,801 and 200,769, respectively
6,028,384
5,734,682
5,356,624
5,547,021
Convertible debt related party
263,040
258,253
253,519
248,679
Derivative liability
12,569,921
563,437
1,581,520
45,016,246
Total current liabilities
23,069,723
10,973,751
11,718,260
55,305,185
Federal relief loans
150,000
150,000
150,000
150,000
Total non-current liabilities
150,000
150,000
150,000
150,000
Total liabilities
23,219,723
11,123,751
11,868,260
55,455,185
Common stock, 0.0001 par value 5,000,000,000 and 1,500,000,000 shares authorized 953,362,723 and 710,872,547 shares issued and outstanding as of june 30, 2026 and december 31, 2025, respectively
95,336
80,687
71,087
45,424
Additional paid-in-capital
63,875,909
62,639,001
61,333,014
56,110,580
Accumulated deficit
-82,355,838
-69,583,656
-68,998,198
-111,132,702
Total deficit attributable to innovative payment solutions, inc. stockholders
-18,384,593
-6,863,968
-7,594,097
-54,976,698
Non-controlling interest
4,799,974
-
-
-
Total shareholders deficit
-13,584,619
-
-
-
Total liabilities and stockholders deficit
9,635,104
4,259,783
4,274,163
478,487
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Intangible assets$9,600,000 Plant and equipment$2,029 (-46.22%↓ Y/Y)Equity methodinvestment$1 (0.00%↑ Y/Y)Prepaid expenses$33,026 Cash$48 (-99.76%↓ Y/Y)Total non-currentassets$9,602,030 (254325.81%↑ Y/Y)Total current assets$33,074 (-92.35%↓ Y/Y)Accumulated deficit-$82,355,838 (7.35%↑ Y/Y)Total assets$9,635,104 (2110.66%↑ Y/Y)Total deficitattributable to innovative...-$18,384,593 (45.35%↑ Y/Y)Additionalpaid-in-capital$63,875,909 (15.69%↑ Y/Y)Common stock, 0.0001par value...$95,336 (197.97%↑ Y/Y)Total liabilities andstockholders deficit$9,635,104 (2110.66%↑ Y/Y)Total shareholdersdeficit-$13,584,619 Non-controlling interest$4,799,974 Total liabilities$23,219,723 (-31.87%↓ Y/Y)Total currentliabilities$23,069,723 (-32.01%↓ Y/Y)Total non-currentliabilities$150,000 (0.00%↑ Y/Y)Derivative liability$12,569,921 (-46.92%↓ Y/Y)Convertible debt, net ofunamortized discount of...$6,028,384 (8.23%↑ Y/Y)Notes payable$2,124,119 (14.27%↑ Y/Y)Accounts payable$2,069,591 (-19.20%↓ Y/Y)Convertible debt relatedparty$263,040 (7.87%↑ Y/Y)Accrued interest onfederal relief loans$13,242 (34.98%↑ Y/Y)Bank overdraft$1,426 (75.83%↑ Y/Y)Federal relief loans$150,000 (0.00%↑ Y/Y)

Innovative Payment Solutions, Inc. (IPSI)

Innovative Payment Solutions, Inc. (IPSI)