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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 7,746,456 $ 8,056,891
Accounts receivable, net 5,211,771 5,053,639
Accounts receivable, tax credit 0 1,494,612
Settlement processing assets 57,431,550 47,104,006
Prepaid card load assets 9,387,387 25,648,688
Customer deposits 1,939,656 1,918,805
Inventory 337,693 403,796
Prepaid expenses and other 1,139,848 585,500
Current assets before merchant reserves 83,194,361 90,265,937
Merchant reserves 4,876,537 4,890,101
Total current assets 88,070,898 95,156,038
Property and equipment, net 3,594,558 3,194,818
Other assets:    
Intangibles, net 227,356 881,346
Deferred tax asset, net 4,580,440 4,580,440
Operating lease right-of-use assets 2,569,971 3,037,928
Other assets 357,877 357,877
Total other assets 7,735,644 8,857,591
Total assets 99,401,100 107,208,447
Current liabilities:    
Accounts payable 840,101 1,256,819
Accrued expenses 2,717,798 3,366,925
Operating lease liabilities, current portion 639,585 612,680
Equipment loan, current portion 241,986 147,581
Settlement processing obligations 57,431,550 47,104,006
Prepaid card load obligations 9,387,387 25,648,688
Customer deposits 1,939,656 1,918,805
Current liabilities before merchant reserve obligations 73,198,063 80,055,504
Merchant reserve obligations 4,876,537 4,890,101
Total current liabilities 78,074,600 84,945,605
Non-current liabilities:    
Equipment loan, net of current portion 594,716 571,862
Operating lease liabilities, net of current portion 2,043,230 2,534,017
Total liabilities 80,712,546 88,051,484
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock, $0.01 par value, 10,000,000 shares authorized; -0- shares outstanding at September 30, 2025 (unaudited) and December 31, 2024, respectively 0 0
Common stock, $0.001 par value, 200,000,000 shares authorized; 31,191,733 and 29,902,415 issued, and 27,395,639 and 26,609,651 outstanding at September 30, 2025 (unaudited) and December 31, 2024, respectively 31,192 198,317
Additional paid-in capital 101,650,557 99,676,457
Treasury stock, at cost; 3,796,094 and 3,292,764 shares at September 30, 2025 (unaudited) and December 31, 2024, respectively (6,536,479) (5,770,592)
Deferred compensation (7,407,350) (6,914,563)
Accumulated deficit (69,049,366) (68,032,656)
Total stockholders’ equity 18,688,554 19,156,963
Total liabilities and stockholders’ equity $ 99,401,100 $ 107,208,447