INNOVATIVE PAYMENT SOLUTIONS, INC.
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & Equivalents | $19.0K | $46.3K | $832.2K | $173.8K | $25.0K |
| Accounts Receivable | $59.6K | $79.9K | $242.1K | — | — |
| Inventory | $504.8K | $350.3K | $388.8K | — | — |
| Total Current Assets | $1.1M | $1.1M | $1.9M | $31.9K | $25.0K |
| Property, Plant & Equipment | $160.3K | $231.3K | $300.4K | — | — |
| Goodwill | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $125.4K | $168.4K | $211.4K | — | — |
| Total Assets | $1.4M | $1.5M | $2.5M | $31.9K | $25.0K |
| Liabilities | |||||
| Accounts Payable | — | $320.5K | $38.4K | — | — |
| Total Current Liabilities | $5.8M | $1.3M | $335.7K | $383 | $1.1K |
| Long-Term Debt | — | — | — | — | — |
| Total Liabilities | $5.8M | $1.3M | $335.7K | $383 | $1.1K |
| Stockholders' Equity | |||||
| Retained Earnings | $-13.4M | $-8.8M | $-4.0M | $-43.5K | $-1.1K |
| Total Stockholders' Equity | $-4.4M | $263.0K | $2.1M | $-1.3M | $23.9K |