For the quarter ending 2025-09-30, IPSI made $12,100,042 in revenue. -$22,242,443 in net income. Net profit margin of -183.82%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Deemed dividend | 34,082 | 1,430,065 | 350,364 | - |
| General and administrative | 366,117 | 170,638 | 254,308 | 589,843.5 |
| Depreciation | - | - | - | 542.25 |
| Depreciation and amortization | 543 | 542 | 542 | - |
| Total expense | 366,660 | 171,180 | 254,850 | 590,385.5 |
| Cost of goods sold | 0 | 0 | - | - |
| Net revenue | 0 | 0 | - | - |
| Gross loss | 0 | 0 | - | - |
| Loss from operations | -366,660 | -171,180 | -254,850 | -590,385.5 |
| Loss on settlement and repricing of convertible notes | 11,719,565 | 15,199,321 | - | - |
| Loss on convertible debt | - | - | 2,487,213 | 96,942 |
| Interest expense | 233,609 | 227,806 | 212,743 | 152,518 |
| Interest income | 13,817 | 13,193 | 12,607 | 7,550.5 |
| Amortization of debt discount | 48,534 | 60,434 | 118,056 | 128,389.667 |
| Derivative liability movements | -33,292,940 | 1,706,229 | 928,979 | 623,420 |
| Loss before income taxes | - | - | - | -564,105.333 |
| Fair value adjustment to price protected warrants | 0 | 6,631,924 | 1,618,545 | 0 |
| Net loss after income taxes | - | - | - | -447,379.5 |
| Loss on disposal of assets | 0 | 0 | - | 0 |
| Operating loss from equity method investments | - | - | - | -204.75 |
| Net loss after income taxes | -22,208,361 | -20,571,243 | -3,749,821 | - |
| Impairment of equity method investment | - | - | - | -176,285.5 |
| Income taxes | 0 | 0 | - | 116,725.833 |
| Net loss from equity method investments | 0 | 0 | - | -352,892.5 |
| Net loss from continuing operations | - | - | - | -799,396.333 |
| Net loss | - | - | - | -800,272 |
| Deemed dividend | - | - | - | 0 |
| Net loss | -22,208,361 | -20,571,243 | -3,749,821 | -800,272 |
| Net loss attributable to common stockholders | -22,242,443 | -22,001,308 | -4,100,185 | - |
| Basic loss per share (in dollars per share) | -0.06 | -0.11 | -0.12 | -0.045 |
| Diluted loss per share (in dollars per share) | -0.06 | -0.11 | -0.12 | -0.045 |
| Weighted average number of shares outstanding - basic (in shares) | 386,602,664 | 195,354,467 | 34,821,561 | -6,644,013 |
| Weighted average number of shares outstanding - diluted (in shares) | 386,602,664 | 195,354,467 | 34,821,561 | -6,644,013 |
Innovative Payment Solutions, Inc. (IPSI)
Innovative Payment Solutions, Inc. (IPSI)