1. BASIS OF PRESENTATION The unaudited condensed consolidated interim
financial statements have been prepared in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X and in conformity
with accounting principles generally accepted in the United States of America (“GAAP”) applicable to interim financial information.
Accordingly, the information presented in the interim financial statements does not include all information and disclosures necessary
for a fair presentation of FlexShopper, Inc.’s financial position, results of operations and cash flows in conformity with GAAP
for annual financial statements. In the opinion of management, these financial statements reflect all adjustments consisting of normal
recurring accruals, necessary for a fair statement of our financial position, results of operations and cash flows for such periods.
The results of operations for any interim period are not necessarily indicative of the results for the full year. These financial statements
should be read in conjunction with the financial statements and notes thereto contained in FlexShopper, Inc.’s Annual Report on
Form 10-K for the fiscal year ended December 31, 2021 filed with the SEC on March 30, 2022. The condensed consolidated balance sheet as of
December 31, 2021 contained herein has been derived from audited financial statements at that date but does not include all of the information
and footnotes required by GAAP for complete financial statements. Certain prior year amounts have been reclassified
to conform to the current year presentation.
Free historical financial statements for FlexShopper Inc..
See how revenue, income, cash flow, and balance sheet financials have changed over 27 quarters since 2018. Compare with FPAY stock chart to see long term trends.
Data imported from FlexShopper Inc. SEC filings. Check original filings before making any investment decision.