XML 34 R23.htm IDEA: XBRL DOCUMENT
v3.21.1

Leases (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2021
Disclosure Text Block [Abstract] |
Schedule of undiscounted finance lease liabilities |
2021 |  | $ | 305,000 |
2022 |  |  | 417,000 |
2023 |  |  | 427,000 |
2024 |  |  | 435,000 |
2025 |  |  | 443,000 |
2026 and thereafter |  |  | 1,230,000 |
|  | $ | 3,257,000 |
Schedule of balance sheet information related to leases |
|  | Balance Sheet Classification |  | March 31, 2021 |  |  | December 31, 2020 |
Assets |  |  |  |  |  |  |  |
Operating Lease Asset |  | Property and Equipment, net |  | $ | 1,625,810 |  |  | $ | 1,673,432 |
Finance Lease Asset |  | Property and Equipment, net |  |  | 25,034 |  |  |  | 27,106 |
Total Lease Assets |  |  |  | $ | 1,650,844 |  |  | $ | 1,700,538 |
Liabilities |  |  |  |  |  |  |  |  |  |
Operating Lease Liability - current portion |  | Current Lease Liabilities |  | $ | 140,335 |  |  | $ | 153,019 |
Finance Lease Liability - current portion |  | Current Lease Liabilities |  |  | 7,966 |  |  |  | 7,707 |
Operating Lease Liability- net of current portion |  | Long Term Lease Liabilities |  |  | 1,887,454 |  |  |  | 1,925,498 |
Finance Lease Liability - net of current portion |  | Long Term Lease Liabilities |  |  | 19,766 |  |  |  | 21,857 |
Total Lease Liabilities |  |  |  | $ | 2,055,521 |  |  | $ | 2,108,081 |
Schedule of weighted-average discount rate and weighted-average remaining lease term |
|  | Weighted Average Discount Rate |  |  | Weighted Average Remaining Lease Term (in years) |
Operating Leases |  |  | 13.03 | % |  |  | 7 |
Finance Leases |  |  | 13.31 | % |  |  | 3 |
Schedule of supplemental cash flow information related to operating leases |
|  | Three Months ended |
|  | March 31, |
|  | 2021 |  |  | 2020 |
Cash payments for operating leases |  | $ | 104,573 |  |  | $ | 6,864 |
Cash payments for finance leases |  |  | 2,796 |  |  |  | 2,661 |
New operating lease asset obtained in exchange for lease liabilities |  |  | - |  |  |  | - |
New finance lease asset obtained in exchange for lease liabilities |  |  | - |  |  |  | 4,033 |
Schedule of undiscounted operating lease liabilities |
|  | Operating Leases |
2021 |  | $ | 296,200 |
2022 |  |  | 405,443 |
2023 |  |  | 417,606 |
2024 |  |  | 430,134 |
2025 |  |  | 443,038 |
2026 and thereafter |  |  | 1,229,923 |
Total undiscounted cash flows |  |  | 3,222,344 |
Less: interest |  |  | (1,194,555 | )
Present value of lease liabilities |  | $ | 2,027,789 |
Schedule of undiscounted finance lease liabilities |
|  | Finance Leases |
2021 |  | $ | 8,388 |
2022 |  |  | 11,184 |
2023 |  |  | 9,699 |
2024 |  |  | 4,782 |
Total undiscounted cash flows |  |  | 34,053 |
Less: interest |  |  | (6,321 | )
Present value of lease liabilities |  | $ | 27,732 |

X
- References No definition available. + Details
Name: | fpay_ScheduleOfUndiscountedFinanceLeaseLiabilities
Namespace Prefix: | fpay_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | fpay_ScheduleOfUndiscountedOperatingLeaseLiabilities
Namespace Prefix: | fpay_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the weighted-average discount rate and weighted-average remaining lease term. + References No definition available. + Details
Name: | fpay_ScheduleOrDescriptionOfWeightedAverageDiscountRateAndWeightedAverageRemainingLeaseTerm1TextBlock
Namespace Prefix: | fpay_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of supplemental cash flow information for the periods presented. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41502-112717 + Details
Name: | us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration