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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Net Revenue $ 410 $ 847
Cost of Goods Sold 3,547 5,052
Gross loss (3,137) (4,205)
General and administrative 3,576,352 5,452,579
Depreciation 380,634 132,394
Total Expense 3,956,986 5,584,973
Loss from Operations (3,960,123) (5,589,178)
Investment impairment charge (1)
Loss on debt conversion (90,761)
Loss on convertible notes (73,562) (4,602,709)
Loss on novation (1,066,165)
Fair value of warrants issued (14,176)
Interest expense, net (424,117) (199,788)
Amortization of debt discount (770,372) (263,200)
Derivative liability movements 1,501,446 411,752
Loss before income taxes (4,897,830) (10,243,124)
Income taxes
Net loss after income taxes (4,897,830) (10,243,124)
Net loss from equity method investments (403,282)
Net loss from continuing operations (5,301,112) (10,243,124)
Discontinued operations    
Operating loss from discontinued operations (40,821) (88,300)
Loss on disposal of subsidiary and investment (495,424)
Net loss from discontinued operations (536,245) (88,300)
Net loss (5,837,357) (10,331,424)
Net loss attributable to non-controlling interest 1,597 43,267
Net loss attributable Innovative Payment Solutions, Inc. Stockholders’ $ (5,835,760) $ (10,288,157)
Basic and diluted loss per share*    
Continuing operations (in Dollars per share) [1] $ (0.41) $ (0.83)
Discontinued operations (in Dollars per share) [1] (0.04) 0
Basic and diluted loss per share total (in Dollars per share) $ (0.45) $ (0.83)
Weighted Average Number of Shares Outstanding – Basic (in Shares) 12,844,609 12,406,677
[1] After giving effect to a 1 for 30 reverse stock split on August 30, 2023.