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INNOVATIVE PAYMENT SOLUTIONS, INC.: 10-Q filed 2023-08-14

What INNOVATIVE PAYMENT SOLUTIONS, INC. reported in its quarterly report filed 2023-08-14 (fiscal Q2 2023): 34 published measures, 99 facts as tagged in accession 0001213900-23-066736.

This filing

Form
10-Q (quarterly report)
Filed
2023-08-14
Fiscal period
fiscal Q2 2023
Accession
0001213900-23-066736 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All INNOVATIVE PAYMENT SOLUTIONS, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2023-06-301,852,600USD
At 2022-12-312,752,572USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2023-06-308,461,533USD
At 2022-12-316,707,222USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2023-06-30-6,608,933USD
At 2022-12-31-3,956,247USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2023-06-30373,822USD
At 2022-06-305,367,551USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-3,174,217USD91
2023-01-01 to 2023-06-30-3,447,607USD181
2022-04-01 to 2022-06-30-1,074,355USD91
2022-01-01 to 2022-06-30-2,875,849USD181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2023-01-01 to 2023-06-30-933,159USD181
2022-01-01 to 2022-06-30-1,452,673USD181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2023-04-01 to 2023-06-305USD91
2023-01-01 to 2023-06-30438USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2023-01-01 to 2023-06-30885,818USD181
2022-01-01 to 2022-06-30-1,137,410USD181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2023-01-01 to 2023-06-30-280,636USD181
2022-01-01 to 2022-06-30-327,800USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2023-06-30-55,847,465USD
At 2022-12-31-52,399,858USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2023-04-01 to 2023-06-30377,905,023shares91
2023-01-01 to 2023-06-30377,403,351shares181
2022-04-01 to 2022-06-30367,901,679shares91
2022-01-01 to 2022-06-30367,901,679shares181

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2023-04-01 to 2023-06-30377,905,023shares91
2023-01-01 to 2023-06-30377,403,351shares181
2022-04-01 to 2022-06-30367,901,679shares91
2022-01-01 to 2022-06-30367,901,679shares181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-0.01USD/shares91
2023-01-01 to 2023-06-30-0.01USD/shares181
2022-04-01 to 2022-06-300USD/shares91
2022-01-01 to 2022-06-30-0.01USD/shares181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2023-06-3014,861USD
At 2022-12-3140,362USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2023-01-01 to 2023-06-30261,342USD181
2022-01-01 to 2022-06-30314,460USD181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-1,196,925USD91
2023-01-01 to 2023-06-30-2,289,214USD181
2022-04-01 to 2022-06-30-773,551USD91
2022-01-01 to 2022-06-30-1,629,573USD181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2023-06-30254,639USD
At 2022-12-311,278,127USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2023-04-01 to 2023-06-3069,320USD91
2023-01-01 to 2023-06-30129,057USD181
2022-04-01 to 2022-06-3043,793USD91
2022-01-01 to 2022-06-3088,172USD181

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2023-06-308,303,173USD
At 2022-12-316,543,244USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2023-06-301,387,412USD
At 2022-12-31727,922USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2023-04-01 to 2023-06-301,196,646USD91
2023-01-01 to 2023-06-302,287,283USD181
2022-04-01 to 2022-06-30773,551USD91
2022-01-01 to 2022-06-301,629,573USD181

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-279USD91
2023-01-01 to 2023-06-30-1,931USD181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2023-06-30379,075,592shares
At 2022-12-31376,901,679shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2023-06-3046,788USD
At 2022-12-31374,765USD
At 2022-06-302,531,868USD
At 2021-12-315,449,751USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2023-06-3049,200,624USD
At 2022-12-3148,405,921USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2023-06-30-6,608,933USD
At 2023-03-31-3,847,110USD
At 2022-12-31-3,954,650USD
At 2022-06-301,157,847USD
At 2022-03-312,078,298USD
At 2021-12-313,731,312USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2023-06-301,000USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2023-06-301,191,693USD
At 2022-12-311,401,491USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-2,651,851USD91
2023-01-01 to 2023-06-30-2,911,578USD181
2022-04-01 to 2022-06-30-1,060,849USD91
2022-01-01 to 2022-06-30-2,853,234USD181

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-3,174,217USD91
2023-01-01 to 2023-06-30-3,449,204USD181
2023-01-01 to 2023-03-31-274,987USD90
2022-04-01 to 2022-06-30-1,087,332USD91
2022-01-01 to 2022-06-30-2,897,578USD181
2022-01-01 to 2022-03-31-1,810,246USD90

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2023-04-01 to 2023-06-301,057,631USD91
2023-01-01 to 2023-06-302,007,578USD181
2022-04-01 to 2022-06-30769,054USD91
2022-01-01 to 2022-06-301,620,580USD181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2023-01-01 to 2023-06-30279,705USD181
2022-01-01 to 2022-06-308,993USD181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2023-04-01 to 2023-06-30139,015USD91
2023-01-01 to 2023-06-30279,705USD181
2022-04-01 to 2022-06-304,497USD91
2022-01-01 to 2022-06-308,993USD181

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2023-04-01 to 2023-06-30128,348USD91
2023-01-01 to 2023-06-30254,204USD181
2022-04-01 to 2022-06-300USD91
2022-01-01 to 2022-06-300USD181

Inspect the source

Entity
INNOVATIVE PAYMENT SOLUTIONS, INC. / CIK 0001591913
Captured
2026-09-20T09:24:14.436Z
SEC response SHA-256
df185d637e59248534b04e8f44fdec152794aad08daae80d878ac0026e794a6c

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

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Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001591913.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))