AppTech Payments Q1 revenue $104K (+3% YoY); cash $10.3M; acquires Hothand Inc.

AppTech Payments Corp.

2023-Q1 EPS reported -$0.35 revenue$104,000

Q1 2022 revenue ~$104K, up 3% YoY from residual payouts.
Cash $10.3M at March 31, 2022, after $13.4M net offering.
Definitive agreement to acquire Hothand Inc., adding patents; total 16 patents.
Uplisted to Nasdaq on Jan 7, 2022; platform development and hiring ongoing.
CEO expects platform launch in 2022; patents cited by industry leaders.

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