10-Q Filing

PAYSIGN, INC. CIK: 1496443 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001683168-21-005381`
Period End Date	20210930
Filing Date	20211110
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	paysign_i10q-093021_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 72 Cash Flow Statement 76 Stockholders Equity 45

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Cash	`Cash`	$7.50M	USD	Point-in-time
Cash	`Cash`	$6.93M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	$7.83M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCash`	$63.26M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$48.10M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$48.01M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$654.86K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$1.68M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.54M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.38M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$57.96M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$73.41M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	51.64M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.25M	shares	Point-in-time
Treasury stock shares	`TreasuryStockShares`	303,450.00	shares	Point-in-time
Treasury stock shares	`TreasuryStockShares`	303,450.00	shares	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$1.85M	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$1.73M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.70M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.04M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$4.01M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$4.32M	USD	Point-in-time
Total assets	`Assets`	$67.83M	USD	Point-in-time
Total assets	`Assets`	$83.19M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.16M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.45M	USD	Point-in-time
Operating lease liability, current portion	`OperatingLeaseLiabilityCurrent`	$335.36K	USD	Point-in-time
Operating lease liability, current portion	`OperatingLeaseLiabilityCurrent`	$320.64K	USD	Point-in-time
Customer card funding	`ContractWithCustomerLiabilityCurrent`	$48.10M	USD	Point-in-time
Customer card funding	`ContractWithCustomerLiabilityCurrent`	$63.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$67.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$50.58M	USD	Point-in-time
Operating lease liability, long term portion	`OperatingLeaseLiabilityNoncurrent`	$3.76M	USD	Point-in-time
Operating lease liability, long term portion	`OperatingLeaseLiabilityNoncurrent`	$4.01M	USD	Point-in-time
Total liabilities	`Liabilities`	$70.81M	USD	Point-in-time
Total liabilities	`Liabilities`	$54.60M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock: $0.001 par value; 25,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock: $0.001 par value; 25,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock; $0.001 par value; 150,000,000 shares authorized, 51,636,382 and 50,251,607 issued at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$51.64K	USD	Point-in-time
Common stock; $0.001 par value; 150,000,000 shares authorized, 51,636,382 and 50,251,607 issued at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$50.25K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$16.36M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$14.39M	USD	Point-in-time
Treasury stock at cost, 303,450 shares	`TreasuryStockValue`	$150.00K	USD	Point-in-time
Treasury stock at cost, 303,450 shares	`TreasuryStockValue`	$150.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.88M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.05M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$11.98M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$16.69M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$21.59M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$13.24M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$12.36M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$12.38M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$21.90M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$19.30M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$67.83M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$83.19M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$16.87M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$-152.54K	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$20.70M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.77M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$10.74M	USD	3 Qtrs
Cost of revenues	`CostOfGoodsAndServicesSold`	$3.80M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$3.28M	USD	1 Quarter
Cost of revenues	`CostOfGoodsAndServicesSold`	$11.28M	USD	3 Qtrs
Gross profit	`GrossProfit`	$5.59M	USD	3 Qtrs
Gross profit	`GrossProfit`	$-3.43M	USD	1 Quarter
Gross profit	`GrossProfit`	$9.95M	USD	3 Qtrs
Gross profit	`GrossProfit`	$3.97M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$10.96M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.62M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$4.07M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$11.30M	USD	3 Qtrs
Impairment of intangible asset	`ImpairmentOfIntangibleAssetsFinitelived`	$382.41K	USD	1 Quarter
Impairment of intangible asset	`ImpairmentOfIntangibleAssetsFinitelived`	$382.41K	USD	3 Qtrs
Impairment of intangible asset	`ImpairmentOfIntangibleAssetsFinitelived`	-	USD	1 Quarter
Impairment of intangible asset	`ImpairmentOfIntangibleAssetsFinitelived`	-	USD	3 Qtrs
Loss on abandonment of assets	`AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1`	-	USD	3 Qtrs
Loss on abandonment of assets	`AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1`	-	USD	1 Quarter
Loss on abandonment of assets	`AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1`	$-42.90K	USD	3 Qtrs
Loss on abandonment of assets	`AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1`	-	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.55M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$537.79K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$628.32K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.84M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$4.25M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$12.80M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$13.27M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$4.99M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-7.68M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-8.42M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-277.12K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.84M	USD	3 Qtrs
Interest income, net	`InterestAndOtherIncome`	$77.47K	USD	3 Qtrs
Interest income, net	`InterestAndOtherIncome`	$6.12K	USD	1 Quarter
Interest income, net	`InterestAndOtherIncome`	$12.18K	USD	1 Quarter
Interest income, net	`InterestAndOtherIncome`	$18.23K	USD	3 Qtrs
Loss before income tax provision (benefit)	`ProfitLoss`	$-271.01K	USD	1 Quarter
Loss before income tax provision (benefit)	`ProfitLoss`	$-7.60M	USD	3 Qtrs
Loss before income tax provision (benefit)	`ProfitLoss`	$-8.41M	USD	1 Quarter
Loss before income tax provision (benefit)	`ProfitLoss`	$-2.82M	USD	3 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-2.77M	USD	3 Qtrs
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-2.26M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$2.40K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-6.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$1.54M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-271.01K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.83M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.83M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-931.97K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-219.23K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.62M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.10	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.06	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$-0.12	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.06	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.12	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.10	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	49.06M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	50.75M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	49.43M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	51.15M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.75M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.15M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.06M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.43M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-219.23K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-931.97K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.83M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-1.62M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.83M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-6.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$1.54M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-271.01K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.55M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$537.79K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$628.32K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.84M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$2.12M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$798.85K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.78M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$603.59K	USD	1 Quarter
Noncash lease expense	`OtherNoncashExpense`	$317.11K	USD	3 Qtrs
Noncash lease expense	`OtherNoncashExpense`	$83.27K	USD	3 Qtrs
Impairment of intangible asset	`ImpairmentOfIntangibleAssetsFinitelived`	-	USD	1 Quarter
Impairment of intangible asset	`ImpairmentOfIntangibleAssetsFinitelived`	-	USD	3 Qtrs
Impairment of intangible asset	`ImpairmentOfIntangibleAssetsFinitelived`	$382.41K	USD	3 Qtrs
Impairment of intangible asset	`ImpairmentOfIntangibleAssetsFinitelived`	$382.41K	USD	1 Quarter
Loss on abandonment of assets	`AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1`	-	USD	1 Quarter
Loss on abandonment of assets	`AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1`	-	USD	3 Qtrs
Loss on abandonment of assets	`AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1`	-	USD	1 Quarter
Loss on abandonment of assets	`AssetsDisposedOfByMethodOtherThanSaleInPeriodOfDispositionGainLossOnDisposition1`	$-42.90K	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$2.76M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-99.79K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.03M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-48.39K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$167.99K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.19M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$594.68K	USD	3 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-238.67K	USD	3 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-43.83K	USD	3 Qtrs
Customer card funding	`IncreaseDecreaseInContractWithCustomerLiability`	$15.16M	USD	3 Qtrs
Customer card funding	`IncreaseDecreaseInContractWithCustomerLiability`	$15.29M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$16.03M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$12.58M	USD	3 Qtrs
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.10M	USD	3 Qtrs
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$189.56K	USD	3 Qtrs
Capitalization of internally developed software	`PaymentsToDevelopSoftware`	$1.72M	USD	3 Qtrs
Capitalization of internally developed software	`PaymentsToDevelopSoftware`	$1.40M	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$58.48K	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$57.13K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.56M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.97M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$163.68K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$192.14K	USD	3 Qtrs
Repurchase of employee common stock for taxes withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	3 Qtrs
Repurchase of employee common stock for taxes withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$245.43K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-81.75K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$192.14K	USD	3 Qtrs
Net change in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$14.26M	USD	3 Qtrs
Net change in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$9.94M	USD	3 Qtrs
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$55.51M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$55.93M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$70.19M	USD	Point-in-time
Cash and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.57M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$70.19M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$45.57M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$55.93M	USD	Point-in-time
Cash and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$55.51M	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaidNet`	$2.40K	USD	3 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$3.70K	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	3 Qtrs
Fixed assets acquired through accounts payable	`FixedAssetsAcquiredThroughAccountsPayable`	$94.55K	USD	3 Qtrs
Fixed assets acquired through accounts payable	`FixedAssetsAcquiredThroughAccountsPayable`	-	USD	3 Qtrs
Operating lease right-of-use asset and operating lease liability	`OperatingLeaseRightofuseAssetAndOperatingLeaseLiability`	$4.46M	USD	3 Qtrs
Operating lease right-of-use asset and operating lease liability	`OperatingLeaseRightofuseAssetAndOperatingLeaseLiability`	-	USD	3 Qtrs
Issuance of stock for asset acquisition	`StockIssued1`	-	USD	3 Qtrs
Issuance of stock for asset acquisition	`StockIssued1`	$177.20K	USD	3 Qtrs
Dissolution of noncontrolling interest	`DissolutionOfNoncontrollingInterest`	$263.09K	USD	3 Qtrs
Dissolution of noncontrolling interest	`DissolutionOfNoncontrollingInterest`	-	USD	3 Qtrs

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$11.98M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$16.69M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$21.59M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$13.24M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$12.36M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$12.38M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$21.90M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$19.30M	USD	Point-in-time
Stock issued upon vesting of restricted stock	`StockIssuedUponVestingOfRestrictedStock`	-	USD	1 Quarter
Stock issued upon vesting of restricted stock	`StockIssuedUponVestingOfRestrictedStock`	-	USD	1 Quarter
Stock issued upon vesting of restricted stock	`StockIssuedUponVestingOfRestrictedStock`	-	USD	1 Quarter
Stock issued upon vesting of restricted stock	`StockIssuedUponVestingOfRestrictedStock`	-	USD	1 Quarter
Stock issued upon vesting of restricted stock	`StockIssuedUponVestingOfRestrictedStock`	-	USD	1 Quarter
Stock issued upon vesting of restricted stock	`StockIssuedUponVestingOfRestrictedStock`	-	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$139.68K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$110.47K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.68K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$72.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$24.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$798.85K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$600.77K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$636.21K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$724.18K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$540.92K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$603.59K	USD	1 Quarter
Issuance of stock for acquisition of contract assets	`StockIssuedDuringPeriodValuePurchaseOfAssets`	$177.20K	USD	1 Quarter
Dissolution of Paysign, Ltd. Subsidiary	`StockholdersEquityChangeInReportingEntity`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$1.54M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-271.01K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.83M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-1.62M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.83M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-931.97K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-219.23K	USD	1 Quarter
Repurchase of employee common stock for taxes withheld	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$245.43K	USD	1 Quarter
Repurchase of employee common stock for taxes withheld	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$12.38M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$12.36M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$13.24M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$21.90M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$16.69M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$11.98M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$21.59M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$19.30M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.