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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net Revenue $ (28) $ 410
Cost of Goods Sold 387 2,756
Gross loss (415) (2,346)
General and administrative 296,438 745,688 1,330,367 2,753,266
Depreciation and amortization 543 100,387 1,627 380,092
Total Expense 296,981 846,075 1,331,994 3,133,358
Loss from Operations (296,981) (846,490) (1,331,994) (3,135,704)
Loss on convertible notes (4,534,491) (58,769) (4,636,843) (77,247)
Fair value adjustment to price protected warrants (2,051,405)   (2,051,405)
Penalty on convertible notes (6,611) (9,306) (6,611) (9,306)
Loss on novation (1,066,165) (1,066,165)
Fair value of warrants issued (14,176) (14,176)
Loss on disposal of assets (2,600)
Interest expense (152,376) (110,328) (435,471) (290,628)
Interest income 9,740 21,019
Amortization of debt discount (233,948) (303,042) (874,193) (414,696)
Derivative liability movements 5,538,008 1,795,642 6,461,496 1,483,710
Loss before Income Taxes (1,728,064) (612,634) (2,856,602) (3,524,212)
Income Taxes
Net Loss after income taxes (1,728,064) (612,634) (2,856,602) (3,524,212)
Net loss from equity method investments (88) (402,509) (660) (403,890)
Net loss from continuing operations (1,728,152) (1,015,143) (2,857,262) (3,928,102)
Discontinued operations        
Operating loss from discontinued operations (40,821)
Loss on disposal of subsidiary and investment (495,424)
Net loss from discontinued operations, total (536,245)
Net loss (1,728,152) (1,015,143) (2,857,262) (4,464,347)
Net loss attributable to non-controlling interest 1,597
Deemed dividend (426,807) (426,807)  
Net loss attributable to Innovative Payment Solutions, Inc., stockholders $ (2,154,959) $ (1,015,143) $ (3,284,069) $ (4,462,750)
Basic and diluted loss per share*        
Continuing operations Basic (in Dollars per share) [1] $ (0.15) $ (0.08) $ (0.23) $ (0.31)
Continuing operations diluted (in Dollars per share) [1] (0.15) (0.08) (0.23) (0.31)
Discontinued operations Basic (in Dollars per share) [1] (0.04)
Discontinued operations diluted (in Dollars per share) [1] (0.04)
Earnings Per Share Basic (in Dollars per share) (0.15) (0.08) (0.23) (0.35)
Earnings Per Share diluted (in Dollars per share) $ (0.15) $ (0.08) $ (0.23) $ (0.35)
Weighted Average Number of Shares Outstanding – Basic (in Shares) 14,546,060 12,789,493 14,063,713 12,650,758
Weighted Average Number of Shares Outstanding – diluted (in Shares) 14,546,060 12,789,493 14,063,713 12,650,758
[1] After giving effect to a 1 for 30 reverse stock split on August 30, 2023.