XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.22.2

Summary of Significant Accounting Policies (Details) - USD ($) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021
Summary of Significant Accounting Policies (Details) [Line Items] |  |  |  |
Accounts receivable charged off against allowance | $ 23,719,531 | $ 1,980,196 | $ 40,803,098 | $ 9,016,360
Net of changes in fair value of gain | 2,981,275 |  | 2,457,851 |
Net of changes in fair value of loss |  | 41,583 | 58,575 |
Amortization included in interest expense | 56,283 | 41,603 | $ 105,612 | 130,124
Intangible assets, terms |  |  | 10 years |
Amortization of intangible assets | 769 |  | $ 1,538 |
Capitalized software costs | 1,285,088 | 526,723 | 2,270,082 | 1,115,715
Capitalized software amortization expense | 683,161 | 583,437 | 1,304,855 | 1,154,004
Capitalized data costs | 469,650 | 0 | 762,704 | 0
Capitalized data costs amortization expense | 120,938 | 0 | $ 209,659 | 0
Largest benefit percentage |  |  | 50.00% |
Promissory Notes [Member] |  |  |  |
Summary of Significant Accounting Policies (Details) [Line Items] |  |  |  |
Amortization included in interest expense | $ 0 | $ 1,273 | $ 1,274 | $ 4,456

X
- References No definition available. + Details
Name: | fpay_AccountsReceivableChargedOffAgainstAllowance
Namespace Prefix: | fpay_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of capitalized data costs amortization expense. + References No definition available. + Details
Name: | fpay_CapitalizedDataCostsAmortizationExpense
Namespace Prefix: | fpay_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Represents the portion of interest incurred in the period on debt arrangements that was charged against earnings, including amortization of debt discount (premium) and financing costs. + References No definition available. + Details
Name: | fpay_InterestExpenseDebtIncludingAmortization
Namespace Prefix: | fpay_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- References No definition available. + Details
Name: | fpay_LargestBenefitPercentage
Namespace Prefix: | fpay_
Data Type: | dtr:percentItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a)(2) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=6388964&loc=d3e16225-109274 + Details
Name: | us-gaap_AmortizationOfIntangibleAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of expense for amortization of capitalized computer software costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 985 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b)(1) -URI https://asc.fasb.org/extlink&oid=6501960&loc=d3e128462-111756 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 985 -SubTopic 20 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=6501960&loc=d3e128487-111756 + Details
Name: | us-gaap_CapitalizedComputerSoftwareAmortization1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition For each line item in the statement of financial position, the amounts of gains and losses from fair value changes included in earnings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123596393&loc=d3e14172-108612 + Details
Name: | us-gaap_FairValueOptionChangesInFairValueGainLoss1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetUsefulLife
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of interest costs capitalized disclosed as an adjusting item to interest costs incurred. + References No definition available. + Details
Name: | us-gaap_InterestCostsCapitalizedAdjustment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The aggregate amount of gains or losses resulting from nonoperating activities (for example, interest and dividend revenue, property, plant and equipment impairment loss, and so forth). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.7,9) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 + Details
Name: | us-gaap_NonoperatingGainsLosses
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow associated with the development, modification or acquisition of software programs or applications for internal use (that is, not to be sold, leased or otherwise marketed to others) that qualify for capitalization. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsForSoftware
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=fpay_PromissoryNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |