The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 32,157 | -546,122 |
| Depreciation and amortization | 73,534 | 143,552 |
| Amortization of operating lease right-of-use assets | 7,797 | 15,090 |
| Provision for bad debts | 17,335 | 22,706 |
| Accretion of discount on note receivable | 0 | 0 |
| Share-based compensation | 112,175 | 511,889 |
| Interest income accrued on note receivable | 11,055 | 13,380 |
| Accounts receivable | 37,805 | 126,352 |
| Prepaid expenses and other current assets | 79,149 | -133,790 |
| Accounts payable | -260,397 | -127,874 |
| Accrued expenses | 248,259 | -184,709 |
| Contract liabilities | 77,736 | -65,517 |
| Operating lease obligations | -7,726 | -14,948 |
| Net cash used inoperating activities | 172,861 | -251,875 |
| Purchase of property and equipment | 19 | 2,448 |
| Issuance of notes receivable | 75,000 | 0 |
| Net cash used in investing activities | -75,019 | -2,448 |
| Repurchase of common stock | 0 | - |
| Proceeds from option exercises | -1 | 2,213 |
| Net cash provided by (used in) financing activities | -1 | 2,213 |
| Effect of exchange rate changes on cash and cash equivalents | -16,576 | 35,264 |
| Net change in cash and cash equivalents | 81,265 | -216,846 |
| Cash and cash equivalents at beginning of period | 1,284,965 | - |
| Cash and cash equivalents at end of period | 1,149,384 | - |
PAID INC (PAYD)
PAID INC (PAYD)