Rego Payment Architectures, Inc. (RPMT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
325 SENTRY PARKWAY BLUE BELL, PA 19422 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 6,257 | 553 | 273 | 430 | 11 | ||||
| Cash and cash equivalent | 6,257 | 553 | 273 | 430 | 11 | ||||
| Receivables | 2 | ||||||||
| Prepaid expense | 18 | 18 | 108 | 163 | 20 | ||||
| Deposits current assets | 0 | ||||||||
| Other undisclosed current assets | 6,006 | 0 | 0 | 0 | 26 | ||||
| Total current assets: | 6,275 | 6,024 | 662 | 436 | 430 | 58 | |||
| Noncurrent Assets | |||||||||
| Intangible assets, net (including goodwill) | 353 | 379 | 328 | 355 | 384 | ||||
| Intangible assets, net (excluding goodwill) | 353 | 379 | 328 | 355 | 384 | ||||
| Other noncurrent assets | 325 | ||||||||
| Other undisclosed noncurrent assets | 115 | ||||||||
| Total noncurrent assets: | 325 | 353 | 379 | 328 | 355 | 499 | |||
| TOTAL ASSETS: | 6,600 | 6,377 | 1,041 | 765 | 785 | 557 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 7,785 | 6,861 | 6,108 | 5,632 | 4,962 | 4,120 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 7,928 | 7,198 | 6,123 | 5,030 | ||
| Accrued liabilities | 9,215 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 7,785 | (2,354) | (1,820) | (1,567) | (1,161) | (910) | |||
| Deferred revenue | 200 | 200 | ✕ | ||||||
| Debt | 638 | 638 | 638 | 1,138 | 1,248 | 224 | |||
| Due to related parties | ✕ | ✕ | 3 | 142 | 290 | 701 | 428 | ||
| Other undisclosed current liabilities | 29,567 | 32,862 | 26,026 | 30,875 | 16,354 | 14,871 | |||
| Total current liabilities: | 37,990 | 40,364 | 32,913 | 38,134 | 23,464 | 19,643 | |||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 37,990 | 40,364 | 32,913 | 38,134 | 23,464 | 19,643 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (31,390) | (33,890) | (31,794) | (37,311) | (22,885) | (19,086) | |||
| Preferred stock | 0 | ||||||||
| Common stock | 14 | 12 | 12 | 12 | 12 | 12 | |||
| Additional paid in capital | 104,707 | 83,255 | 67,740 | 61,447 | 60,234 | 59,549 | |||
| Accumulated deficit | (136,111) | (117,157) | (99,547) | (98,771) | (83,131) | (78,880) | |||
| Other undisclosed equity, attributable to parent | 233 | ||||||||
| Equity, attributable to noncontrolling interest | (98) | (78) | (58) | 206 | |||||
| Other undisclosed equity | 0 | 0 | 0 | 0 | 0 | ||||
| Total equity: | (31,390) | (33,987) | (31,872) | (37,369) | (22,679) | (19,086) | |||
| TOTAL LIABILITIES AND EQUITY: | 6,600 | 6,377 | 1,041 | 765 | 785 | 557 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2 | 3 | 34 | 47 | ||||
| Cost of revenue | (230) | (259) | (165) | |||||
| Gross profit: | (230) | (257) | (162) | 34 | 47 | |||
| Operating expenses | (15,562) | (15,166) | (9,904) | (3,242) | (2,414) | (5,084) | ||
| Operating loss: | (15,792) | (15,423) | (10,066) | (3,242) | (2,380) | (5,038) | ||
| Nonoperating expense | (928) | (922) | (985) | (11,331) | (811) | (933) | ||
| Other nonoperating expense | (928) | |||||||
| Interest and debt expense | 89 | 93 | (985) | (343) | (696) | (933) | ||
| Loss from continuing operations before income taxes: | (16,631) | (16,251) | (12,036) | (14,916) | (3,887) | (6,904) | ||
| Income tax benefit | ||||||||
| Loss from continuing operations: | (16,631) | (16,251) | (12,036) | (14,916) | (3,887) | (6,904) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (12,036) | (14,916) | (3,887) | (6,904) | |
| Other undisclosed net income (loss) | (89) | (93) | 985 | 343 | 696 | |||
| Net loss: | (16,720) | (16,344) | (11,051) | (14,573) | (3,191) | (6,904) | ||
| Net income attributable to noncontrolling interest | 0 | 0 | 0 | 7 | 271 | |||
| Other undisclosed net income attributable to parent | 663 | |||||||
| Net loss attributable to parent: | (16,720) | (16,344) | (11,051) | (14,573) | (3,184) | (5,971) | ||
| Preferred stock dividends and other adjustments | (2,136) | (250) | ||||||
| Other undisclosed net loss available to common stockholders, basic | (1,287) | (733) | (1,087) | (1,087) | (796) | |||
| Net loss available to common stockholders, diluted: | (18,856) | (17,631) | (11,784) | (15,660) | (4,271) | (7,017) | ||
Comprehensive Income ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (16,720) | (16,344) | (11,051) | (14,573) | (3,191) | (6,904) | ||
| Comprehensive loss: | (16,720) | (16,344) | (11,051) | (14,573) | (3,191) | (6,904) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 0 | 0 | 7 | 271 | ||||
| Comprehensive loss, net of tax, attributable to parent: | (16,720) | (16,344) | (11,051) | (14,573) | (3,184) | (6,634) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.