Rego Payment Architectures Reports $2.42 Million Net Loss in Q3 2025, Revenue Remains at $0

Rego Payment Architectures, Inc. reported its financial results for the third quarter of 2025, revealing a continued lack of revenue generation, with net revenue remaining at $0 for both the three and nine months ended September 30, 2025 and 2024. The company recorded a net loss of $2.42 million for the third quarter, compared to a loss of $2.17 million in the same period last year. For the nine-month period, the net loss increased to $7.27 million from $7.11 million year-over-year. The company's operating expenses totaled $2.12 million for the third quarter, up from $1.93 million in the prior year, driven by increased sales and marketing costs.

In terms of operational metrics, Rego's transaction expenses decreased significantly to $40,057 for the third quarter, down from $86,955 in the same quarter of 2024. This decline reflects a strategic shift away from business-to-consumer initiatives towards a more business-to-business focus. Sales and marketing expenses rose to $204,011, attributed to higher event expenditures and marketing options costs. General and administrative expenses also increased, primarily due to higher consulting options expenses.

The company’s balance sheet as of September 30, 2025, showed total assets of $2.03 million, a decrease from $3.35 million at the end of 2024. Current liabilities rose to $47.07 million, up from $41.11 million, largely due to an increase in convertible notes payable. The stockholders' deficit widened to $45.04 million from $37.76 million, reflecting ongoing operational losses and accrued preferred dividends.

Rego Payment Architectures continues to focus on its mobile payment platform, Mazoola®, which is designed to provide a secure banking solution for minors. The company is exploring partnerships to license its technology across various markets, including financial institutions and educational services. However, management has expressed concerns regarding its ability to sustain operations beyond December 2025 without generating sufficient revenue or securing additional financing. As of mid-November 2025, the company reported a cash position of approximately $1 million, which it believes will only last until the end of the year unless revenue generation improves or new funding is secured.