For the quarter ending 2026-03-31, PAYD has $8,391,614 in assets. $2,743,497 in debts. $951,698 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 951,698 | 1,108,059 | 1,149,384 | 1,068,119 |
| Accounts receivable, net | 441,861 | 302,894 | 325,027 | 310,277 |
| Note receivable, net of discount | - | 0 | - | - |
| Prepaid expenses and other current assets | 364,264 | 370,064 | 388,874 | 314,464 |
| Total current assets | 1,757,823 | 1,781,017 | 1,863,285 | 1,692,860 |
| Property, plant and equipment, gross | - | 601,788 | - | - |
| Accumulated depreciation | - | 597,692 | - | - |
| Property and equipment, net | 8,244 | 4,096 | 4,827 | 5,739 |
| Intangible assets, net | 1,889,072 | 1,758,606 | 1,804,269 | 1,916,246 |
| Operating lease right-of-use assets | 80,411 | 89,685 | 96,125 | 106,056 |
| Note receivable, long term | 4,656,064 | 4,644,360 | 4,557,672 | 4,472,949 |
| Total assets | 8,391,614 | 8,277,764 | 8,326,178 | 8,193,850 |
| Accounts payable | 1,398,579 | 1,390,109 | 1,357,963 | 1,651,353 |
| Accrued expenses | 263,330 | 332,973 | 509,926 | 260,838 |
| Contract liabilities | 342,584 | 329,725 | 397,914 | 326,124 |
| Operating lease obligations | 32,322 | 32,422 | 31,522 | 31,924 |
| Notes payable | 75,000 | - | - | - |
| Total current liabilities | 2,111,815 | 2,085,229 | 2,297,325 | 2,270,239 |
| Deferred tax liability, net | 398,463 | 407,901 | 447,366 | 464,804 |
| Uncertain tax position liability | 181,824 | 181,824 | 370,455 | 370,455 |
| Operating lease obligation net of current position | 51,395 | 60,550 | 67,770 | 77,292 |
| Total liabilities | 2,743,497 | 2,735,504 | 3,182,916 | 3,182,790 |
| Common stock, 0.001 par value, 25,000,000 shares authorized 8,613,299 shares issued and 8,465,666 shares outstanding at march 31, 2026, and 8,527,467 shares issued and 8,379,834 shares outstanding at december 31, 2025 | 8,614 | 8,528 | 8,528 | 8,528 |
| Accrued common stock bonus | 0 | 124,709 | 0 | 0 |
| Additional paid-in capital | 74,867,087 | 74,579,428 | 74,459,746 | 74,347,571 |
| Accumulated other comprehensive income | 225,052 | 240,700 | 231,816 | 243,945 |
| Accumulated deficit | -69,283,800 | -69,242,269 | -69,387,992 | -69,420,148 |
| Common stock in treasury, at cost, 147,633 shares at march 31, 2026 and december 31, 2025 | 168,836 | 168,836 | 168,836 | 168,836 |
| Total shareholders equity | 5,648,117 | 5,542,260 | 5,143,262 | 5,011,060 |
| Total liabilities and shareholders equity | 8,391,614 | 8,277,764 | 8,326,178 | 8,193,850 |
PAID INC (PAYD)
PAID INC (PAYD)