INNOVATIVE PAYMENT SOLUTIONS, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-4.4M | $-4.1M | $-5.8M | $-10.3M | $-14.5M | $-5.4M | $-3.7M | $-5.1M |
| Depreciation & Amortization | $2.2K | $2.2K | $380.6K | $132.4K | $17.9K | $12.5K | — | $57.1K |
| Depreciation | — | $2.2K | $380.6K | $132.4K | $17.9K | $12.5K | — | $57.2K |
| Amortization | — | $0 | $347.3K | $100.9K | $0 | — | — | $43.0K |
| Stock-Based Compensation | $21.9K | $220.4K | $377.9K | $1.6M | $6.6M | — | — | $131.8K |
| Net Cash from Operating Activities | $-787.7K | $-648.1K | $-1.4M | $-3.1M | $-2.6M | $-1.3M | $-774.9K | $-1.7M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | $43.0K | $9.2K | $50.0K | — | $291 |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | $-338.8K | $-1.1M | $-875.6K | $-1.2M | $-50.0K | — | $-291 |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $817.0K | $937.0K | $2.2M | $-1.1M | $9.1M | $1.4M | $1.1M | $1.9M |
| Net Change in Cash | — | — | — | — | — | $91.7K | $-68.3K | $52.3K |
| Free Cash Flow | — | — | — | $-3.1M | $-2.6M | $-1.3M | — | $-1.7M |