AppTech net loss widens to $3.31 million in FY26 Q1; revenue rises to $1.46 million

Apptech Payments Corp

Apptech Payments Corp

APCX

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  • AppTech Payments posted a net loss of USD 3.31 million for quarter ended March 31, 2026, widening 25% from a year earlier as operating loss edged wider to USD 2.85 million.
  • Revenue rose to USD 1.46 million, up 571%, while cost of revenue climbed to USD 646,000, up 405%.
  • General and administrative expense increased to USD 3.28 million, up 67%, while research and development expense fell to USD 375,000, down 52%.
  • Cash and cash equivalents fell to USD 110,000 at March 31, 2026 from USD 244,000 at Dec. 31, 2025, while net cash used in operating activities narrowed to USD 913,000 from USD 1.8 million.
  • Management flagged substantial doubt about going concern, citing recurring operating losses, while pursuing additional funding and implementing expense reduction strategies starting in March 2026.


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