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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net Revenue $ 5 $ 438
Cost of Goods Sold 284 2,369
Gross loss (279) (1,931)
General and administrative 1,057,631 769,054 2,007,578 1,620,580
Depreciation and amortization 139,015 4,497 279,705 8,993
Total Expense 1,196,646 773,551 2,287,283 1,629,573
Loss from Operations (1,196,925) (773,551) (2,289,214) (1,629,573)
Loss on debt conversion (18,478) (18,478)
Penalty on convertible notes (719,558)
Interest expense (95,079) (45,196) (180,300) (90,962)
Amortization of debt discount (88,687) (111,654) (263,200)
Derivative liability movements (1,252,682) (242,102) (311,932) (149,941)
Loss before Income Taxes (2,651,851) (1,060,849) (2,911,578) (2,853,234)
Income Taxes
Net Loss after income taxes (2,651,851) (1,060,849) (2,911,578) (2,853,234)
Net loss from equity method investments (1,381) (1,381)
Net loss from continuing operations (2,653,232) (1,060,849) (2,912,959) (2,853,234)
Discontinued operations        
Operating loss from discontinued operations (25,561) (26,483) (40,821) (44,344)
Loss on disposal of subsidiary and investment (495,424) (495,424)
Discontinued operations (520,985) (26,483) (536,245) (44,344)
Net loss (3,174,217) (1,087,332) (3,449,204) (2,897,578)
Net loss attributable to non-controlling interest 12,977 1,597 21,729
Net loss attributable to Innovative Payment Solutions, Inc., stockholders $ (3,174,217) $ (1,074,355) $ (3,447,607) $ (2,875,849)
Basic and diluted loss per share        
Continuing operations (in Dollars per share) $ (0.01) $ 0 $ (0.01) $ (0.01)
Discontinued operations (in Dollars per share) 0 0 0 0
Basic and diluted loss per share total (in Dollars per share) $ (0.01) $ 0 $ (0.01) $ (0.01)
Weighted Average Number of Shares Outstanding – Basic (in Shares) 377,905,023 367,901,679 377,403,351 367,901,679