AppTech Payments Corp. (APCX) Form 10-Q — May 15, 2026
AppTech Payments Corp. reported a net loss of $3.3 million for the first quarter of 2026, widening from a $2.6 million loss in the same period last year, despite revenue surging 571% to $1.46 million. The company holds only $110,000 in cash against $8.8 million in total liabilities, prompting management to disclose substantial doubt about its ability to continue as a going concern. The filing reveals a material weakness in internal controls over financial reporting, citing insufficient formal policies that resulted in material post-close adjustments.
Key figures
- Revenue
- 1457000
- Total Debt
- 8839000
- Revenue Yoy
- 571%
- Cash Position
- 110000
- Shares Outstanding
- 42003934
- Options Outstanding
- 6952354
- Warrants Outstanding
- 28781627
- Stock Based Compensation
- 1712000
Price after filing
Close on the filing date to close N calendar days later (from $0.37). Historical, not a forecast.
AI analysis
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