RPMT — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-14

• The following discussion analyzes our results of operations for the three months ended June 30, 2026 and 2025. The following information should be considered together with our condensed financial statements for such period and the accompanying notes thereto.

• For the three months ended June 30, 2026 and 2025, we generated revenues of $31,850 and $0. Revenues for the three months ended June 30, 2026 were generated from business-to-business, SaaS subscriptions associated with the rollout of the Platform.

• Transaction expense for the three months ended June 30, 2026 was $0 compared to $57,593 for the three months ended June 30, 2025. These are transactional charges primarily for the operation of the Mazoola® app. The decrease is attributed to a diminished focus on the business-to-consumer marketspace …

• Sales and marketing expenses for the three months ended June 30, 2026 were $88,735 compared to $110,408 for the three months ended June 30, 2025, a decrease of $21,673. The decrease was due to lower marketing event and marketing options expenses for the three months ended June 30, 2026 as compared t…

• Product development expenses were $787,052 and $863,441 for the three months ended June 30, 2026 and 2025, a decrease of $76,389. Aggregate outside product development consultant costs for the three months ended June 30, 2026 were lower when compared to the three months ended June 30, 2025.

Text removed vs the prior filing · source: 10-Q · 2026-05-20

• Comparison of the Three Months Ended March 31, 2026 and 2025

• The following discussion analyzes our results of operations for the three months ended March 31, 2026 and 2025. The following information should be considered together with our condensed financial statements for such period and the accompanying notes thereto.

• For the three months ended March 31, 2026 and 2025, we generated revenues of $11,750 and $0. Revenues for the three months ended March, 31, 2026 were generated from business-to-business, SaaS subscriptions associated with the rollout of the Platform.

• Transaction expense for the three months ended March 31, 2026 was $46,967 compared to $64,875 for the three months ended March 31, 2025. These are transactional charges primarily for the operation of the Mazoola® app. The decrease is attributed to a diminished focus on the business-to-consumer marke…

• Sales and marketing expenses for the three months ended March 31, 2026 were $101,296 compared to $118,733 for the three months ended March 31, 2025, a decrease of $17,437. The decrease was due to lower marketing options expense that was partially offset by increased event expenditures for the three …

Text added vs the prior filing · source: 10-Q · 2026-08-14

• No director or officer of the Company adopted or terminated a Rule 10b5-1 trading arrangement and/or a non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408(a) of Regulation S-K) during the quarter ended June 30, 2026.

• During the three months ended June 30, 2026, the Company issued $1,160,000 aggregate principal amount of Notes Payable - Other in a private placement to certain accredited investors. Each of the foregoing issuances were exempt from registration pursuant to Section 4(a)(2) of the Securities Act of 19…

Text removed vs the prior filing · source: 10-Q · 2026-05-20

• On May 15, 2026, Gerald Hannahs resigned from his position as a member of the Board of Directors, of Rego Payment Architectures, Inc. Mr. Hannahs’ resignation from the Board of Directors was not the result of any disagreement with the Company as referenced in Item 5.02(a) of Form 8-K.

• On May 15, 2026, Rego Payment Architectures, Inc. (the “Company”) appointed Joseph R. Toczydlowski to the Board of Directors (the “Board”), effective immediately. There are no arrangements or understandings between Mr. Toczydlowski and any other persons pursuant to which he was elected as a director…

• Mr. Toczydlowski, age 56, was appointed the Chief Financial Officer of the Company in August 2022. Mr. Toczydlowski has held various financial positions at Sculptz, Inc. since 1998, most recently as Chief Financial Officer since April 2011. His other areas of expertise include taxation, business ana…

• No director or officer of the Company adopted or terminated a Rule 10b5-1 trading arrangement and/or a non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408(a) of Regulation S-K) during the quarter ended March 31, 2026.

• During the three months ended March 31, 2026, the Company issued $245,000 aggregate principal amount of Notes Payable - Other in a private placement to certain accredited investors. Each of the foregoing issuances were exempt from registration pursuant to Section 4(a)(2) of the Securities Act of 193…