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Equity method
investment
$4,200,001
Plant and equipment
$2,689
Other current assets
$41,669
Cash
$29,804
Total non-current
assets
$4,202,690
Total current assets
$71,473
Total assets
$4,274,163
Accumulated deficit
-$68,998,198
Total liabilities and
stockholders deficit
$4,274,163
Total stockholders
deficit
-$7,594,097
Additional
paid-in-capital
$61,333,014
Common stock, 0.0001
par value...
$71,087
Total liabilities
$11,868,260
Total current
liabilities
$11,718,260
Total non-current
liabilities
$150,000
Convertible debt, net of
unamortized discount of...
$5,356,624
Accounts payable
$2,510,541
Notes payable, net of
unamortized discount of 0 and...
$1,997,040
Derivative liability
$1,581,520
Convertible debt related
party
$253,519
Federal relief loans
current portion
$11,184
Related party payables
$7,832
Federal relief loans
$150,000
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Balance Sheet
source: myfinsight.com
Innovative Payment Solutions, Inc. (IPSI)
Innovative Payment Solutions, Inc. (IPSI)