APCX · Apptech Payments Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.46M | - | $227.0K | $291.0K | $217.0K | - | $43.0K | $76.0K | $105.0K | - |
| Cost of Revenue | $646.0K | - | $100.0K | $107.0K | $128.0K | - | $24.0K | $14.0K | $11.0K | - |
| Gross Profit | $811.0K | - | $127.0K | $184.0K | $89.0K | - | $19.0K | $62.0K | $94.0K | - |
| R&D | $375.0K | - | $325.0K | $910.0K | $780.0K | - | $2.0K | $633.0K | $644.0K | - |
| SG&A | $3.28M | - | $1.37M | $1.16M | $1.97M | - | $1.87M | $2.32M | $2.48M | - |
| Total Operating Expenses | $3.66M | - | $1.70M | $2.06M | $2.75M | - | $1.87M | $2.95M | $3.13M | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | ($2.85M) | - | ($1.57M) | ($1.88M) | ($2.66M) | - | ($1.85M) | ($2.89M) | ($3.03M) | - |
| Interest Expense | $196.0K | - | - | - | $3.0K | - | $4.0K | ($3.0K) | $3.0K | - |
| Income Tax | $0 | - | $0 | $0 | $0 | - | $0 | $0 | $0 | - |
| Net Income | ($3.31M) | - | ($1.73M) | ($1.86M) | ($2.64M) | - | ($2.02M) | ($2.92M) | ($3.04M) | - |
| EPS - Basic | ($0.08) | - | ($0.05) | ($0.06) | ($0.08) | - | ($0.08) | ($0.12) | ($0.13) | - |
| EPS - Diluted | ($0.08) | - | ($0.05) | ($0.06) | ($0.08) | - | ($0.08) | ($0.12) | ($0.13) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $110.0K | $244.0K | $439.0K | $138.0K | $417.0K | $868.0K | $104.0K | $16.0K | $1.55M | $1.28M |
| Accounts Receivable | $665.0K | $350.0K | $96.0K | $86.0K | $87.0K | $43.0K | $12.0K | $15.0K | $22.0K | $30.0K |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $2.75M | $2.57M | $2.27M | $1.92M | $1.79M | $1.85M | $2.48M | $2.48M | $1.86M | $1.80M |
| Current Assets | $1.09M | $915.0K | $565.0K | $397.0K | $739.0K | $2.42M | $312.0K | $328.0K | $1.76M | $1.52M |
| Total Assets | $9.14M | $9.39M | $6.25M | $6.49M | $6.91M | $8.99M | $6.61M | $6.46M | $8.25M | $8.35M |
| Current Liabilities | $6.68M | $6.44M | $4.77M | $3.89M | $3.19M | $3.44M | $5.15M | $4.66M | $4.11M | $4.08M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $8.84M | $7.50M | $4.83M | $3.95M | $3.25M | $3.52M | $5.21M | $4.72M | $4.17M | $4.16M |
| Stockholders' Equity | $297.0K | $1.89M | $1.42M | $2.54M | $3.66M | $5.47M | $1.40M | $1.74M | $4.08M | $4.19M |
| Retained Earnings | ($179.93M) | ($176.62M) | ($174.93M) | ($173.20M) | ($171.34M) | ($168.70M) | ($167.75M) | ($165.71M) | ($162.79M) | ($159.75M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($913.0K) | - | - | - | ($1.80M) | - | - | - | ($2.16M) | - |
| Investing Cash Flow | $0 | - | - | - | $0 | - | - | - | $0 | - |
| Financing Cash Flow | $779.0K | - | - | - | $1.35M | - | - | - | $2.44M | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 55.7% | - | 55.9% | 63.2% | 41.0% | - | 44.2% | 81.6% | 89.5% | - |
| Operating margin | -195.5% | - | -692.1% | -646.4% | -1224.0% | - | -4302.3% | -3803.9% | -2886.7% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | -227.0% | - | -762.6% | -639.2% | -1217.1% | - | -4709.3% | -3844.7% | -2892.4% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | 25.7% | - | 143.2% | 312.7% | 359.4% | - | 4.7% | 832.9% | 613.3% | - |
| SG&A / Revenue | 225.4% | - | 604.8% | 396.9% | 905.5% | - | 4341.9% | 3052.6% | 2362.9% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -36.2% | - | -27.7% | -28.7% | -38.2% | - | -30.6% | -45.2% | -36.8% | - |
| Return on equity | -1113.8% | - | -122.2% | -73.4% | -72.1% | - | -144.7% | -167.9% | -74.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.16 | 0.14 | 0.12 | 0.10 | 0.23 | 0.70 | 0.06 | 0.07 | 0.43 | 0.37 |
| Quick ratio | 0.16 | 0.14 | 0.12 | 0.10 | 0.23 | 0.70 | 0.06 | 0.07 | 0.43 | 0.37 |
| Cash ratio | 0.02 | 0.04 | 0.09 | 0.04 | 0.13 | 0.25 | 0.02 | 0.00 | 0.38 | 0.31 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -14.5x | - | - | - | -885.3x | - | -462.5x | 963.7x | -1010.3x | - |
| Equity multiplier | 30.76 | 4.96 | 4.41 | 2.56 | 1.89 | 1.64 | 4.73 | 3.71 | 2.02 | 1.99 |
| Liabilities / Assets | 0.97 | 0.80 | 0.77 | 0.61 | 0.47 | 0.39 | 0.79 | 0.73 | 0.51 | 0.50 |
| Efficiency | ||||||||||
| Asset turnover | 0.16 | - | 0.04 | 0.04 | 0.03 | - | 0.01 | 0.01 | 0.01 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 167d | - | 154d | 108d | 146d | - | 102d | 72d | 76d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 1555d | - | 8300d | 6553d | 5116d | - | 37778d | 64657d | 61884d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 69.2x | - | 4.3x | 3.1x | 3.8x | - | 11.1x | 13.4x | 5.3x | - |
| P / S | 14.1x | - | 27.0x | 26.6x | 63.7x | - | 360.1x | 306.3x | 206.1x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 571.4% | - | 427.9% | 282.9% | 106.7% | - | -69.3% | -43.3% | 18.0% | - |
| Revenue CAGR (3y) | 153.9% | - | 25.4% | 33.2% | 27.8% | - | -22.5% | -20.5% | 1.4% | - |
| Revenue CAGR (5y) | 70.7% | - | 27.8% | 30.2% | 30.1% | - | - | - | - | - |
| Gross profit growth (YoY) | 811.2% | - | 568.4% | 196.8% | -5.3% | - | -80.2% | -13.9% | 161.1% | - |
| Operating income growth (YoY) | -7.2% | - | 15.1% | 34.9% | 12.4% | - | 35.8% | 69.2% | 14.9% | - |
| Net income growth (YoY) | -25.3% | - | 14.5% | 36.3% | 13.0% | - | 30.0% | 67.8% | 3.6% | - |
| EPS growth (YoY) | 0.0% | - | 37.5% | 50.0% | 38.5% | - | 52.9% | 75.5% | 62.9% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -91.9% | -65.4% | 1.2% | 45.7% | -10.3% | 30.4% | 71.4% | 9.6% | -58.6% | 56392.5% |
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing AppTech Payments Corp. against the 5 most active filers in the same SIC group.