The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | -368,243 |
| Depreciation and amortization | 289,737 |
| Amortization of operating lease right-of-use assets | 30,656 |
| Accretion of discount on note receivable | 0 |
| Share-based compensation | 868,455 |
| Deferred income taxes | 236,014 |
| Interest and default income accrued on note receivable | 36,123 |
| Provision for bad debts | 40,072 |
| Accounts receivable | 137,724 |
| Prepaid expenses and other current assets | -78,226 |
| Accounts payable | -375,800 |
| Accrued expenses | -115,426 |
| Contract liabilities | -60,615 |
| Operating lease obligations | -30,372 |
| Net cash provided by (used in) operating activities | -53,171 |
| Issuance of note receivable | 150,000 |
| Purchase of property and equipment | 2,469 |
| Net cash used in investing activities | -152,469 |
| Proceeds from option exercise | 2,212 |
| Repurchase of common stock | 0 |
| Net cash provided by financing activities | 2,212 |
| Effect of exchange rate changes on cash and cash equivalents | 26,522 |
| Net change in cash and cash equivalents | -176,906 |
| Cash and cash equivalents, beginning of year | 1,284,965 |
| Cash and cash equivalents, end of year | 1,108,059 |
PAID INC (PAYD)
PAID INC (PAYD)