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ipsi: the balance sheet
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Equity method
investment
$1
Plant and equipment
$3,231
Notes receivable
current portion
$410,786
Other current assets
$57,424
Cash
$7,045
Total non-current
assets
$3,232
Total current assets
$475,255
Total assets
$478,487
Accumulated deficit
-$111,132,702
Total liabilities and
stockholders (deficit)
$478,487
Total stockholders
(deficit)
-$54,976,698
Additional
paid-in-capital
$56,110,580
Common stock, 0.0001
par value...
$45,424
Total liabilities
$55,455,185
Total non-current
liabilities
$150,000
Total current
liabilities
$55,305,185
Federal relief loans
$150,000
Derivative liability
$45,016,246
Convertible debt related
party
$248,679
Convertible debt, net of
unamortized discount of...
$5,547,021
Notes payable, net of
unamortized discount of 942...
$1,931,852
Federal relief loans
current portion
$10,497
Related party
payables-Related Party
$7,832
Accounts payable
$2,543,058
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Balance Sheet
source: myfinsight.com
Innovative Payment Solutions, Inc. (IPSI)
Innovative Payment Solutions, Inc. (IPSI)