AppTech Payments Corp. Reports Q1 Operating Results

AppTech Payments (OTCQB: APCX) reported Q1 2026 results for the quarter ended March 31, 2026.

Rhea-AI Summary

AppTech Payments (OTCQB: APCX) reported Q1 2026 results for the quarter ended March 31, 2026. The company recorded a GAAP operating loss of $2.7 million and a modified cash-based loss of $0.6 million ($0.01 per share). Revenue for Q1 was $1.4 million, equal to the company’s full-year 2025 revenue, and management cited contributions from the 2025 Infinitus acquisition. Management noted continued revenue momentum and said it hopes to become cash flow positive in the current quarter.

Positive

• Revenue of $1.4M in Q1 2026, matching full-year 2025 revenue
• Modified cash-based loss narrowed to $0.6M ($0.01 per share) in Q1 2026
• Performance across product lines supported by clients from the 2025 Infinitus acquisition

Negative

• GAAP operating loss of $2.7M in Q1 2026
• Company remained unprofitable on both GAAP and cash-adjusted bases in Q1 2026

Argus Apr 16 session

+0.06% close to close 0.2x rel. volume Open Argus

Details

News Market Reaction – APCX

On Apr 16, the day this news came out, APCX closed 0.06% above the previous close.

Data tracked by StockTitan Argus for the Apr 16 session.

Key Figures

GAAP operating loss: $2.7M GAAP operating loss: $2.6M GAAP operating loss: $1.3M +5 more

GAAP operating loss

$2.7M

Q1 2026

GAAP operating loss

$2.6M

Q1 2025

GAAP operating loss

$1.3M

Q4 2025

Modified cash loss

$0.6M ($0.01/sh)

Q1 2026, excludes non-cash items

Modified cash loss

$1.5M

Q1 2025, excludes non-cash items

Modified cash loss

$1.1M

Q4 2025, excludes non-cash items

Revenue

$1.4M

Q1 2026, equals full-year 2025 revenue

Revenue

$1.4M

Full-year 2025

Previous Earnings Reports

5 past events · Latest: Nov 06

Same Type 5 events

1. Nov 06

   Q3 2025 earnings

   24h Move

   +23.3%

   Q3 2025 loss reduction and InfinitusPay acquisition framed as revenue-accretive.

2. May 15

   Q1 2025 earnings

   24h Move

   +1.2%

   Q1 2025 operating and cash-basis losses improved versus prior year.

3. Mar 07

   Q4 2024 earnings

   24h Move

   -8.9%

   Reduced Q4 and full-year 2024 losses plus new $5M investment and leadership changes.

4. Nov 15

   Q3 2024 earnings

   24h Move

   +6.0%

   Q3 2024 revenue decline but lower expenses, narrower net loss and new capital raised.

5. Aug 14

   Q2 2024 earnings

   24h Move

   +9.7%

   Q2 2024 showed lower operating expenses and improved net loss despite revenue drop.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

gaap, equity-based compensation, amortization of intangible assets, cash flow positive

4 terms

gaap financial

"The Company today reported a GAAP operating loss of $2.7 million..."

GAAP, or Generally Accepted Accounting Principles, are a set of standardized rules and guidelines that companies follow when preparing their financial statements. They ensure consistency, transparency, and comparability across different companies, making it easier for investors to understand and compare financial information accurately. This helps investors make informed decisions based on trustworthy and uniform financial reports.

View in glossary

equity-based compensation financial

"excludes non-cash expenses, principally equity-based compensation and amortization..."

Equity-based compensation is pay given to employees or contractors in the form of company ownership—such as stock, stock options, or restricted shares—instead of or in addition to cash. It matters to investors because it aligns workers’ interests with shareholders (like giving employees a slice of the company pie), but can also dilute existing owners and appears as a real cost on financial statements, affecting earnings and share value.

amortization of intangible assets financial

"excludes non-cash expenses, principally equity-based compensation and amortization of intangible assets."

Amortization of intangible assets is the accounting practice of spreading the purchase cost of non-physical items—like patents, trademarks, or customer lists—over their expected useful life. Investors care because this non-cash charge reduces reported profits and book value over time, affecting earnings trends and valuation, even though it does not immediately change the company’s cash; think of it as paying off a large one-time purchase in small, regular amounts on the books.

cash flow positive financial

"we expect that improvement to continue in this quarter when we hope to become cash flow positive."

When a company is cash flow positive, it receives more cash than it pays out over a given period—meaning operations and other activities generate net cash entering the business rather than leaving it. Investors care because positive cash flow shows the company can cover bills, invest in growth, pay down debt or return money to shareholders; it’s like a household bringing in more money than it spends, which provides flexibility and lowers financial risk.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CARLSBAD, Calif., April 16, 2026 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (“AppTech” or the “Company”) (OTCQB: APCX), a fintech company, today announced financial results for the first quarter ended March 31, 2026.

The Company today reported a GAAP operating loss of $2.7 million for the first quarter of 2026.  Operating losses in the first and fourth quarters of 2025 were $2.6 million and $1.3 million, respectively.

To better understand the actual operating performance, management uses a modified cash-based measure that excludes non-cash expenses, principally equity-based compensation and amortization of intangible assets. On this basis, AppTech reported a loss of $0.6 million ($0.01 per share) for the 2026 quarter, compared to operating losses of $1.5 million in the first quarter of 2025 and $1.1 million in the fourth quarter of 2025.

Revenue for the quarter reached $1.4 million, matching the Company’s full-year 2025 revenue. This milestone underscores strong execution across all product lines and building momentum following the 2025 Infinitus acquisition.

CEO Thomas DeRosa commented “Although AppTech was still unprofitable in Q1, we are pleased with revenue growth. Particularly gratifying was the performance of each AppTech product line, anchored by clients from the 2025 Infinitus acquisition. We expect that improvement to continue in this quarter when we hope to become cash flow positive.”

About AppTech Payments Corp.

AppTech Payments Corp. (OTCQB: APCX) provides digital financial services for financial institutions, corporations, small and midsized enterprises (“SMEs”), and consumers through the Company’s scalable cloud-based platform architecture and infrastructure. For more information, please visit apptechcorp.com.

AppTech Payments Corp.
760-707-5959
info@apptechcorp.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What was AppTech (APCX) revenue for Q1 2026 and how significant is it?

AppTech reported $1.4 million in revenue for Q1 2026. According to the company, that amount equals the entire full-year 2025 revenue, highlighting concentrated growth and execution across product lines.

How did AppTech (APCX) perform on a GAAP basis in Q1 2026?

AppTech posted a GAAP operating loss of $2.7 million for Q1 2026. According to the company, this compares with operating losses of $2.6 million in Q1 2025 and $1.3 million in Q4 2025.

What is AppTech’s modified cash-based operating result for Q1 2026 (APCX)?

On a modified cash basis, AppTech reported a $0.6 million loss ($0.01 per share) in Q1 2026. According to the company, this narrowed from a $1.5 million loss in Q1 2025 and $1.1 million in Q4 2025.

Did the 2025 Infinitus acquisition affect AppTech’s Q1 2026 results (APCX)?

Management attributed improved product-line performance to clients from the 2025 Infinitus acquisition. According to the company, those clients have anchored revenue momentum in the quarter.

Is AppTech (APCX) expected to be cash flow positive after Q1 2026?

Management said it hopes to become cash flow positive in the current quarter. According to the company, ongoing revenue momentum and acquisition contributions support that objective, though it remains forward-looking.