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Balance Sheets Overview

Current Ratio
89.21%
Quick Ratio
89.21%
Cash Ratio
50.57%
Debt to Asset Ratio
32.53%
Unit: Dollar
Assets Breakdown
    • Note receivable, long term
    • Intangible assets, net
    • Cash and cash equivalents
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Accounts payable
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
1,078,408
951,698
1,108,059
1,149,384
Accounts receivable, net
469,348
441,861
302,894
325,027
Note receivable, net of discount
-
-
0
-
Prepaid expenses and other current assets
354,562
364,264
370,064
388,874
Total current assets
1,902,318
1,757,823
1,781,017
1,863,285
Property, plant and equipment, gross
-
-
601,788
-
Accumulated depreciation
-
-
597,692
-
Property and equipment, net
8,034
8,244
4,096
4,827
Intangible assets, net
1,786,496
1,889,072
1,758,606
1,804,269
Operating lease right-of-use assets
71,104
80,411
89,685
96,125
Note receivable, long term
4,667,900
4,656,064
4,644,360
4,557,672
Total assets
8,435,852
8,391,614
8,277,764
8,326,178
Accounts payable
1,578,434
1,398,579
1,390,109
1,357,963
Accrued expenses
181,284
263,330
332,973
509,926
Contract liabilities
340,629
342,584
329,725
397,914
Operating lease obligations
32,111
32,322
32,422
31,522
Notes payable
-
75,000
-
-
Total current liabilities
2,132,458
2,111,815
2,085,229
2,297,325
Deferred tax liability, net
387,242
398,463
407,901
447,366
Uncertain tax position liability
181,824
181,824
181,824
370,455
Operating lease obligation net of current position
42,306
51,395
60,550
67,770
Total liabilities
2,743,830
2,743,497
2,735,504
3,182,916
Common stock, 0.001 par value, 25,000,000 shares authorized 8,618,299 shares issued and 8,477,659 shares outstanding at june 30, 2026 and 8,527,467 shares issued and 8,379,834 shares outstanding at december 31, 2025
8,619
8,614
8,528
8,528
Accrued common stock bonus
0
0
124,709
0
Additional paid-in capital
74,930,931
74,867,087
74,579,428
74,459,746
Accumulated other comprehensive income
212,511
225,052
240,700
231,816
Accumulated deficit
-69,291,203
-69,283,800
-69,242,269
-69,387,992
Common stock in treasury, at cost, 147,633 shares at june 30, 2026 and december 31, 2025
168,836
168,836
168,836
168,836
Total shareholders equity
5,692,022
5,648,117
5,542,260
5,143,262
Total liabilities and shareholders equity
8,435,852
8,391,614
8,277,764
8,326,178
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash and cashequivalents$1,078,408 (0.96%↑ Y/Y)Accounts receivable, net$469,348 (51.27%↑ Y/Y)Prepaid expenses andother current assets$354,562 (12.75%↑ Y/Y)Note receivable,long term$4,667,900 (4.36%↑ Y/Y)Total current assets$1,902,318 (12.37%↑ Y/Y)Intangible assets, net$1,786,496 (-6.77%↓ Y/Y)Operating leaseright-of-use assets$71,104 (-32.96%↓ Y/Y)Property and equipment,net$8,034 (39.99%↑ Y/Y)Total assets$8,435,852 (2.95%↑ Y/Y)Total liabilities andshareholders equity$8,435,852 (2.95%↑ Y/Y)Total shareholdersequity$5,692,022 (13.59%↑ Y/Y)Total liabilities$2,743,830 (-13.79%↓ Y/Y)Accumulated deficit-$69,291,203 (0.19%↑ Y/Y)Common stock intreasury, at cost, 147,633...$168,836 (0.00%↑ Y/Y)Additional paid-in capital$74,930,931 (0.78%↑ Y/Y)Total currentliabilities$2,132,458 (-6.07%↓ Y/Y)Deferred tax liability,net$387,242 (-16.69%↓ Y/Y)Uncertain tax positionliability$181,824 (-50.92%↓ Y/Y)Operating leaseobligation net of current...$42,306 (-45.26%↓ Y/Y)Accumulated othercomprehensive income$212,511 (-12.89%↓ Y/Y)Common stock, 0.001 parvalue, 25,000,000...$8,619 (1.07%↑ Y/Y)Accounts payable$1,578,434 (-4.42%↓ Y/Y)Contract liabilities$340,629 (4.45%↑ Y/Y)Accrued expenses$181,284 (-30.50%↓ Y/Y)Operating leaseobligations$32,111 (0.59%↑ Y/Y)

PAID INC (PAYD)

PAID INC (PAYD)