XML 32 R19.htm IDEA: XBRL DOCUMENT v3.10.0.1

Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2018

Summary of Significant Accounting Policies [Abstract]

Schedule of accounts receivable

		September 30, 2018				December 31, 2017
Accounts receivable		$	9,393,310			$	6,399,233
Allowance for doubtful accounts			(4,577,634	)			(2,139,765	)
Accounts receivable, net		$	4,815,676			$	4,259,468

Schedule of net leased merchandise

		September 30, 2018				December 31, 2017
Lease merchandise at cost		$	35,707,612			$	34,501,555
Accumulated depreciation			(15,710,483	)			(11,974,953	)
Impairment reserve			(1,670,699	)			(1,111,280	)
Lease merchandise, net		$	18,326,430			$	21,415,322

Schedule of anti-dilutive securities excluded from computation of earnings per share

		Nine Months ended
		September 30,
		2018				2017
Series 1 Convertible Preferred Stock			145,197				147,417
Series 2 Convertible Preferred Stock			2,710,124				2,710,124
Series 2 Convertible Preferred Stock issuable upon exercise of warrants			54,217				54,217
Common Stock Options			445,400				302,900
Common Stock Warrants			7,182,488				511,553
			10,537,426				3,726,211

X

- Definition

Tabular disclosure of Lease merchandise.

+ References

No definition available.

+ Details

Name:	fpay_LeaseMerchandiseTableTextBlock
Namespace Prefix:	fpay_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration