<span item_type="fundamental" item_id="5bb2771fd7fcc4de8bdb4ecea6b39cd6" counter_id="ST/US/APCXW" env="prod"></span><span item_type="announcement" item_id="516108742235198849" env="prod"></span><p>Revenue: As of FY2025 Q1, the actual value is USD 217 K.</p><p>EPS: As of FY2025 Q1, the actual value is USD -0.08.</p><p></p><h3>Segment Revenue</h3><ul><li>Revenue for the three months ended March 31, 2025 was $217 thousand, compared to $105 thousand for the same period in 2024, representing an increase of 107%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1070050/000168316825003561/apptech_i10q-033125.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Loss from operations for the three months ended March 31, 2025 was - $2,656 thousand, compared to - $3,031 thousand for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1070050/000168316825003561/apptech_i10q-033125.htm"></span></li><li>Gross profit for the three months ended March 31, 2025 was $89 thousand, compared to $94 thousand for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1070050/000168316825003561/apptech_i10q-033125.htm"></span></li><li>General and administrative expenses for the three months ended March 31, 2025 were $1,965 thousand, compared to $2,481 thousand for the same period in 2024, representing a decrease of $516 thousand.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1070050/000168316825003561/apptech_i10q-033125.htm"></span></li><li>Research and development expenses for the three months ended March 31, 2025 were $780 thousand, compared to $644 thousand for the same period in 2024, representing an increase of $136 thousand.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1070050/000168316825003561/apptech_i10q-033125.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities for the three months ended March 31, 2025 was - $1,801 thousand, compared to - $2,164 thousand for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1070050/000168316825003561/apptech_i10q-033125.htm"></span></li><li>Net cash provided by financing activities for the three months ended March 31, 2025 was $1,350 thousand, compared to $2,436 thousand for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1070050/000168316825003561/apptech_i10q-033125.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Interest expense for the three months ended March 31, 2025 was $33 thousand, compared to $3 thousand for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1070050/000168316825003561/apptech_i10q-033125.htm"></span></li><li>Gain on debt extinguishment for the three months ended March 31, 2025 was $13 thousand, compared to $0 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1070050/000168316825003561/apptech_i10q-033125.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li>The company anticipates being delisted from Nasdaq and transitioning to trading on the OTCQB market, with plans to pursue an uplisting to a national exchange before the end of the fiscal year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1070050/000168316825003561/apptech_i10q-033125.htm"></span></li><li>Management is actively pursuing additional funding options and is confident that revenue streams will begin generating cash within the next twelve months.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1070050/000168316825003561/apptech_i10q-033125.htm"></span></li></ul>

APPTECH PAYMENTS CORP C/WTS 04/01/2027 (TO PUR COM) | 10-Q: FY2025 Q1 Revenue: USD 217 K