10-Q · May 15, 2026
For the first quarter of 2026, AppTech Payments Corp. reported a substantial increase in revenue, rising to approximately $1,457,000, a 571% increase from $217,000 in the same quarter last year. Despite the revenue…
Earnings analysis · 10-Q
APCX earnings analysis
Filed August 14, 2026 · Our reading of the company's report
The latest report
The supplied 10-Q excerpt does not include the financial statements or MD&A, so revenue, margins, EPS, cash flow, balance-sheet metrics, and segment performance cannot be assessed from the available filing text. The…
Read full summary
The supplied 10-Q excerpt does not include the financial statements or MD&A, so revenue, margins, EPS, cash flow, balance-sheet metrics, and segment performance cannot be assessed from the available filing text. The filing does disclose a material weakness in internal controls as of June 30, 2026 and a final arbitration award of approximately $274 thousand against AppTech. Ongoing Finzeo litigation and the absence of quantitative guidance add uncertainty.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What to watch
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Material weakness in financial controls
Management concluded that disclosure controls and internal control over financial reporting were not effective as of June 30, 2026. The material weakness was attributed primarily to insufficient formal reporting policies and procedures that resulted in material post-close adjustments.
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$274 thousand legal award
On June 29, 2026, the arbitrator denied AppTech’s legal-malpractice counterclaim and awarded former counsel approximately $274 thousand, payable under an established schedule. The company stated it accrued the legal fees and award, including applicable interest.
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Ongoing Finzeo litigation
The Finzeo Seller litigation remained in discovery as of July 28, 2026, with fact discovery closing in August 2026, expert discovery closing in November 2026, and a final pretrial conference scheduled for April 15, 2027. The seller’s proposed counterclaims include alleged outstanding acquisition payments and claims against AppTech, its board, and two employees.
Management's outlook
The supplied 10-Q excerpt contains no quantitative revenue or EPS outlook. Management guidance was not provided in the available MD&A text.
Earlier filings 4
10-K · March 31, 2026
AppTech Payments completed a strategic transformation in 2025: it deployed the AppTech Banking Platform (first partner bank now live) and completed the acquisition of Infinitus Pay in late 2025, which the filing…
10-Q · November 13, 2025
AppTech reported Q3 2025 revenue of $227,000 (up from $43,000 in Q3 2024) and GAAP loss per share of $(0.05). Gross profit was $127,000 (gross margin ~56.0%), but operating loss remained large at $(1,571,000) for the…
10-Q · August 14, 2025
AppTech reported Q2 2025 revenue of $291,000 (vs $76,000 in Q2 2024 and $217,000 in Q1 2025) and a Q2 GAAP loss per share of $(0.06) (improved from $(0.12) in Q2 2024 and $(0.08) in Q1 2025). Gross profit rose to…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.