AppTech Payments posted Q2 2026 revenue of $1.7 million, up 21.43% from Q1 2026 and more than doubled from a year earlier.
GAAP operating loss narrowed to $0.9 million from $2.9 million in Q1 2026; GAAP net loss improved to $1 million from $3.3 million.
Cash-based operations loss tightened to $0.5 million from $0.7 million in Q1 2026.
Revenue rose despite losing most BAAS revenue amid previously disclosed disruptions with its principal banking partner; efforts to reestablish BAAS revenue continue.
Interim CEO and CFO Felipe Corrado said AppTech added interim CTO Nick Saponaro and expects to hire a chief compliance officer shortly.
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