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Income Statement
Innovative Payment Solutions, Inc. (IPSI)
source: myfinsight.com
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Net loss
attributable to common...
-$22,001,308
Net loss
-$20,571,243
(-2479.00%↓ Y/Y)
Deemed dividend
$1,430,065
Net loss after
income taxes
-$20,571,243
Derivative liability
movements
$1,706,229
(1486.50%↑ Y/Y)
Interest income
$13,193
(64.97%↑ Y/Y)
Loss on settlement
and repricing of...
$15,199,321
Amortization of debt discount
$60,434
(-81.13%↓ Y/Y)
Fair value
adjustment to price...
$6,631,924
Interest expense
$227,806
(55.84%↑ Y/Y)
Loss from operations
-$171,180
(58.01%↑ Y/Y)
Total expense
$171,180
(-58.01%↓ Y/Y)
Depreciation and
amortization
$542
(0.00%↑ Y/Y)
General and
administrative
$170,638
(-58.09%↓ Y/Y)
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