APCX — what changed in the latest 10-Q
A section-by-section comparison of APCX's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-14 vs the prior 10-Q · 2026-05-15
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +12 | −16 | ~7 | 34 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~3 | 4 |
| Legal proceedings | Text added/removed | +1 | −1 | ~2 | 0 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Risk factors
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-14
Revenue was approximately $1,657 for the three months ended June 30, 2026, compared to $291 for the three months ended June 30, 2025, representing an increase of 469%. For the six months ended June 30, 2026 and 2025, revenue was approximately $3,114 and $508 representing an increase of 513%. The inc…
Cost of revenue was approximately $772 for the three months ended June 30, 2026, compared to $107 for the three months ended June 30, 2025, representing an increase of $665. For the six months ended June 30, 2026 and 2025, cost of revenue was approximately $1,419 and $235, representing an increase o…
General and administrative expenses were approximately $1,441 for the three months ended June 30, 2026, compared to $1,155 for the three months ended June 30, 2025, representing an increase of $286. For the six months ended June 30, 2026 and 2025, general and administrative expenses were approximate…
Research and development expenses were approximately $332 for the three months ended June 30, 2026, compared to $910 for the three months ended June 30, 2025, representing a decrease of $578. For the six months ended June 30 2026 and 2025, research and development expenses were approximately $707 an…
Interest expense was approximately $209 for the three months ended June 30, 2026, compared to an income of $26 for the three months ended June 30, 2025, representing an increase of $235. For the six months ended June 30, 2026 and 2025, interest expense increased from $7 to $405. The increase was due…
Text removed vs the prior filing · source: 10-Q · 2026-05-15
The AppTech Banking Platform, licensed and deployed in 2025, is fully operational with the Company’s partner bank and continues onboarding clients in 2026. The platform supports digital account creation, payment services, compliance workflows, and financial operations through a unified, cloud-native…
The following table presents our historical results of operations for the periods indicated:
Loss on change in fair value of contingent consideration (262) – (262) –
Revenue was approximately $1,457 thousand for the three months ended March 31, 2026, compared to $217 thousand for the three months ended March 31, 2025, representing an increase of 571%. The increase was driven by our lending revenue vertical, the revenue generated from the IP platform, and an incr…
Cost of revenue was approximately $646 thousand for the three months ended March 31, 2026, compared to $128 thousand for the three months ended March 31, 2025, representing an increase of $518 thousand. The increase was principally driven by fees owed to our ISO partner, fees owed to our IP platform…
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-08-14
On March 13, 2025, Moses & Singer LLP filed a case against AppTech Payments Corp. for unpaid fees of approximately $445 with the American Arbitration Association. AppTech has brought a counterclaim of legal malpractice for $800 thousand. On June 29, 2026, the arbitrator issued a final award denying …
Text removed vs the prior filing · source: 10-Q · 2026-05-15
On March 13, 2025, Moses & Singer LLP filed a case against AppTech Payments Corp. for unpaid fees of approximately $445 thousand with the American Arbitration Association. AppTech has brought a counterclaim of legal malpractice for $800 thousand. Arbitration is confidential and ongoing and a resolut…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice