For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Net revenue | 0 | - | ||
| Cost of goods sold | 0 | - | ||
| Gross loss | 0 | - | ||
| General and administrative | 1,017,188 | 1,883,257 | ||
| Depreciation | 2,169 | 2,169 | ||
| Total expense | 1,019,357 | 1,885,426 | ||
| Loss from operations | -1,019,357 | -1,885,426 | ||
| Investment impairment charge | 424,989 | - | ||
| Loss on convertible notes | - | 4,764,680 | ||
| Interest expense | 902,194 | 603,588 | ||
| Interest income | 53,818 | 32,838 | ||
| Derivative liability movements | 132,791 | 6,892,395 | ||
| Amortization of debt discount | 318,100 | 1,037,914 | ||
| Gain (loss) on settlement, cancellation and repricing of securities | 6,334,116 | - | ||
| Fair value adjustment to price protected securities | 8,250,469 | 2,051,405 | ||
| Loss on disposal of assets | 0 | -2,600 | ||
| Loss before income taxes | -4,394,384 | -3,420,380 | ||
| Income taxes | 0 | 0 | ||
| Net loss after income taxes | -4,394,384 | -3,420,380 | ||
| Operating loss from equity method investments | 0 | -819 | ||
| Impairment of equity method investment | 0 | -705,142 | ||
| Total loss from equity method investment | 0 | -705,961 | ||
| Net loss from continuing operations | - | -4,126,341 | ||
| Net loss | - | -4,126,341 | ||
| Deemed dividend | - | 426,807 | ||
| Net loss | -4,394,384 | -4,553,148 | ||
| Deemed dividend | 1,815,048 | - | ||
| Net loss attributable to innovative payment solutions, inc. stockholders | -6,209,432 | - | ||
| Basic EPS | -0.02 | -0.3 | ||
| Diluted EPS | -0.02 | -0.3 | ||
| Basic Average Shares | 317,104,646 | 15,077,923 | ||
| Diluted Average Shares | 317,104,646 | 15,077,923 | ||
Innovative Payment Solutions, Inc. (IPSI)
Innovative Payment Solutions, Inc. (IPSI)