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Balance Sheets Overview

Current Ratio
0.52%
Quick Ratio
0.52%
Cash Ratio
0.11%
Debt to Asset Ratio
261.13%
Unit: Dollar
Assets Breakdown
    • Other current assets
    • Cash
    • Plant and equipment
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in-capital
    • Convertible debt, net of unamort...
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Notes receivable current portion
NaN NaN 410,786 396,970
Cash
11,602 29,804 7,045 20,214
Other current assets
45,821 41,669 57,424 14,889
Total current assets
57,423 71,473 475,255 432,073
Plant and equipment
2,359 2,689 3,231 3,773
Equity method investment
4,200,001 4,200,001 1 1
Total non-current assets
4,202,360 4,202,690 3,232 3,774
Total assets
4,259,783 4,274,163 478,487 435,847
Bank overdraft
NaN NaN NaN 811
Accounts payable
2,345,311 2,510,541 2,543,058 2,561,279
Related party payables
NaN 7,832 7,832 5,106
Federal relief loans current portion
11,840 11,184 10,497 9,810
Notes payable
2,060,228 1,997,040 1,931,852 1,858,883
Convertible debt, net of unamortized discount of 191,847 and 200,769, respectively
5,734,682 5,356,624 5,547,021 5,570,192
Convertible debt related party
258,253 253,519 248,679 243,840
Derivative liability
563,437 1,581,520 45,016,246 23,679,183
Total current liabilities
10,973,751 11,718,260 55,305,185 33,929,104
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
11,123,751 11,868,260 55,455,185 34,079,104
Common stock, 0.0001 par value 5,000,000,000 and 1,500,000,000 shares authorized 806,872,547 and 710,872,547 shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively
80,687 71,087 45,424 31,995
Additional paid-in-capital
62,639,001 61,333,014 56,110,580 55,215,007
Accumulated deficit
-69,583,656 -68,998,198 -111,132,702 -88,890,259
Total stockholders deficit
-6,863,968 -7,594,097 -54,976,698 -33,643,257
Total liabilities and stockholders deficit
4,259,783 4,274,163 478,487 435,847
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Equity methodinvestment$4,200,001 Plant and equipment$2,359 Other current assets$45,821 Cash$11,602 Total non-currentassets$4,202,360 Total current assets$57,423 Total assets$4,259,783 Accumulated deficit-$69,583,656 Total liabilities andstockholders deficit$4,259,783 Total stockholdersdeficit-$6,863,968 Additionalpaid-in-capital$62,639,001 Common stock, 0.0001par value...$80,687 Total liabilities$11,123,751 Total currentliabilities$10,973,751 Total non-currentliabilities$150,000 Convertible debt, net ofunamortized discount of...$5,734,682 Accounts payable$2,345,311 Notes payable$2,060,228 Derivative liability$563,437 Convertible debt relatedparty$258,253 Federal relief loans current portion$11,840 Federal relief loans$150,000

Innovative Payment Solutions, Inc. (IPSI)

Innovative Payment Solutions, Inc. (IPSI)