The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -41,531 | 145,722 | 32,157 | -546,122 |
| Depreciation and amortization | 74,096 | 72,651 | 73,534 | 143,552 |
| Amortization of operating lease right-of-use assets | 7,963 | 7,769 | 7,797 | 15,090 |
| Provision for bad debts | 0 | 31 | 17,335 | 22,706 |
| Accretion of discount on note receivable | - | 0 | 0 | 0 |
| Payment of accrued common stock bonus | 124,709 | - | - | - |
| Share-based compensation | 61,251 | 244,391 | 112,175 | 511,889 |
| Deferred income taxes | - | 236,014 | - | - |
| Interest income accrued on note receivable | 11,704 | 11,688 | 11,055 | 13,380 |
| Accounts receivable | 146,713 | -26,433 | 37,805 | 126,352 |
| Prepaid expenses and other current assets | -412 | -23,585 | 79,149 | -133,790 |
| Accounts payable | -18,894 | 12,471 | -260,397 | -127,874 |
| Accrued expenses | -190,989 | -178,976 | 248,259 | -184,709 |
| Contract liabilities | 18,425 | -72,834 | 77,736 | -65,517 |
| Operating lease obligations | -7,890 | -7,698 | -7,726 | -14,948 |
| Net cash provided by (used in) operating activities | -130,865 | 25,843 | 172,861 | -251,875 |
| Issuance of note receivable | - | 75,000 | 75,000 | 0 |
| Purchase of property and equipment | 1,915 | 2 | 19 | 2,448 |
| Net cash used in investing activities | -1,915 | -75,002 | -75,019 | -2,448 |
| Repurchase of common stock | - | 0 | 0 | - |
| Proceeds from stock option exercises | 0 | 0 | -1 | 2,213 |
| Net cash provided by financing activities | 0 | 0 | -1 | 2,213 |
| Effect of exchange rate changes on cash and cash equivalents | -15,306 | 7,834 | -16,576 | 35,264 |
| Net change in cash and cash equivalents | -148,086 | -41,325 | 81,265 | -216,846 |
| Cash and cash equivalents, beginning of year | 1,099,784 | 1,149,384 | 1,284,965 | - |
| Cash and cash equivalents, end of year | 951,698 | 1,108,059 | 1,149,384 | - |
PAID INC (PAYD)
PAID INC (PAYD)