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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash $ 7,529,047 $ 10,766,982
Restricted cash 111,022,839 111,576,204
Accounts receivable, net 49,644,417 32,639,242
Other receivables 651,294 1,606,276
Prepaid expenses and other current assets 2,456,060 2,247,929
Total current assets 171,303,657 158,836,633
Fixed assets, net 1,451,605 1,157,975
Intangible assets, net 23,341,906 12,239,717
Goodwill 4,487,637 0
Operating lease right-of-use asset 5,935,797 2,792,922
Deferred tax asset, net 2,988,483 4,000,950
Total assets 209,509,085 179,028,197
Current liabilities    
Accounts payable and accrued liabilities 39,441,663 34,330,217
Customer card funding 110,360,889 111,328,270
Operating lease liability, current portion 583,773 448,008
Other liabilities, current portion 1,728,852 0
Total current liabilities 152,115,177 146,106,495
Operating lease liability, long-term portion 5,495,452 2,480,070
Other liabilities, long-term portion 6,140,651 0
Total liabilities 163,751,280 148,586,565
Commitments and contingencies (Note 9)  
Stockholders’ equity    
Preferred stock: $0.001 par value; 25,000,000 shares authorized; none issued and outstanding 0 0
Common stock; $0.001 par value; 150,000,000 shares authorized, 55,977,596 and 54,358,382 issued at September 30, 2025 and December 31, 2024, respectively 55,978 54,358
Additional paid-in capital 34,133,548 24,632,205
Treasury stock at cost, 934,708 and 834,708 shares, respectively (2,148,715) (1,772,929)
Retained earnings 13,716,994 7,527,998
Total stockholders’ equity 45,757,805 30,441,632
Total liabilities and stockholders’ equity $ 209,509,085 $ 179,028,197