For the quarter ending 2025-09-30, PAYD has $8,326,178 in assets. $3,182,916 in debts. $1,149,384 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 1,149,384 | 1,068,119 | ||
| Accounts receivable, net | 325,027 | 310,277 | ||
| Prepaid expenses and other current assets | 388,874 | 314,464 | ||
| Total current assets | 1,863,285 | 1,692,860 | ||
| Property and equipment, net | 4,827 | 5,739 | ||
| Intangible assets, net | 1,804,269 | 1,916,246 | ||
| Operating lease right-of-use assets, net | 96,125 | 106,056 | ||
| Notes receivable, long term | 4,557,672 | 4,472,949 | ||
| Total assets | 8,326,178 | 8,193,850 | ||
| Accounts payable | 1,357,963 | 1,651,353 | ||
| Accrued expenses | 509,926 | 260,838 | ||
| Contract liabilities | 397,914 | 326,124 | ||
| Operating lease obligations | 31,522 | 31,924 | ||
| Total current liabilities | 2,297,325 | 2,270,239 | ||
| Deferred tax liability, net | 447,366 | 464,804 | ||
| Uncertain tax position liability | 370,455 | 370,455 | ||
| Operating lease obligation, net of current portion | 67,770 | 77,292 | ||
| Total liabilities | 3,182,916 | 3,182,790 | ||
| Common stock, 0.001 par value, 25,000,000 shares authorized 8,527,467 shares issued and 8,379,834 shares outstanding at september 30, 2025, and 8,213,533 shares issued and 8,065,900 shares outstanding at december 31, 2024 | 8,528 | 8,528 | ||
| Accrued common stock bonus | 0 | 0 | ||
| Additional paid-in capital | 74,459,746 | 74,347,571 | ||
| Accumulated other comprehensive income | 231,816 | 243,945 | ||
| Accumulated deficit | -69,387,992 | -69,420,148 | ||
| Common stock in treasury, at cost, 147,633 shares at september 30, 2025, and december 31, 2024 | 168,836 | 168,836 | ||
| Total shareholders' equity | 5,143,262 | 5,011,060 | ||
| Total liabilities and shareholders' equity | 8,326,178 | 8,193,850 | ||
PAID INC (PAYD)
PAID INC (PAYD)