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Net loss
attributable to innovative...
-$6,209,432
Net loss
-$4,394,384
(3.49%↑ Y/Y)
Deemed dividend
$1,815,048
(325.26%↑ Y/Y)
Net loss after
income taxes
-$4,394,384
(-28.48%↓ Y/Y)
Loss before income
taxes
-$4,394,384
(-28.48%↓ Y/Y)
Gain (loss) on
settlement, cancellation...
$6,334,116
Derivative liability
movements
$132,791
(-98.07%↓ Y/Y)
Interest income
$53,818
(63.89%↑ Y/Y)
Fair value
adjustment to price...
$8,250,469
(302.19%↑ Y/Y)
Loss from operations
-$1,019,357
(45.93%↑ Y/Y)
Interest expense
$902,194
(49.47%↑ Y/Y)
Investment impairment
charge
$424,989
Amortization of debt discount
$318,100
(-69.35%↓ Y/Y)
Total expense
$1,019,357
(-45.93%↓ Y/Y)
General and
administrative
$1,017,188
(-45.99%↓ Y/Y)
Depreciation
$2,169
(0.00%↑ Y/Y)
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Income Statement
source: myfinsight.com
Innovative Payment Solutions, Inc. (IPSI)
Innovative Payment Solutions, Inc. (IPSI)