v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating activities:    
Net income (loss) $ 122,503 $ (234,970)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and Amortization 225,745 495,770
Deferred federal income tax 67,084 0
Employee stock-based compensation 329,284 410,062
Reserve for processing losses 18,000 355,595
Changes in current assets and current liabilities:    
Accounts receivable (144,067) 484,023
Accounts receivable, tax credit 0 1,494,612
Prepaid expenses and other (544,308) (143,539)
Operating lease right-of-use assets 104,851 153,237
Inventory 68,802 55,303
Accounts payable and accrued expenses 1,102,666 (1,558,994)
Operating lease liabilities (184,445) (160,253)
Merchant reserves (178,000) 35,000
Customer deposits (41,391) (11,636)
Net cash provided by operating activities 946,724 1,374,210
Investing activities:    
Purchases of property and equipment (398,072) (22,604)
Capitalized labor for internal use software (215,532) (290,650)
Net cash used in investing activities (613,604) (313,254)
Financing activities:    
Payments on equipment loan (38,488) (36,110)
Proceeds from issuance of common stock 14,180 11,515
Purchases of treasury stock (233,459) (351,640)
Assets held for customers (16,814,931) 3,953,121
Net cash provided by (used in) financing activities (17,072,698) 3,576,886
Change in cash, cash equivalents, settlement processing assets, prepaid card load assets, customer deposits and merchant reserves (16,739,578) 4,637,842
Cash, cash equivalents, settlement processing assets, prepaid card load assets, customer deposits and merchant reserves, beginning of period 116,315,011 87,618,491
Cash, Cash Equivalents, Settlement Processing Assets, Prepaid Card Load Assets, Customer Deposits and Merchant Reserves, End of Period 99,575,433 92,256,333
Supplemental disclosure of cash flow information:    
Interest 22,826 11,843
Income taxes
Right of use assets obtained in exchange for operating lease liabilities 1,206,270 0
Cash and cash equivalents 7,434,051 8,056,891
Settlement processing assets 74,180,475 47,104,006
Prepaid card load assets 27,623,728 25,648,688
Customer deposits 2,281,220 1,918,805
Merchant reserves 4,795,537 4,890,101
Cash, cash equivalents, settlement processing assets, prepaid card load assets, customer deposits and merchant reserves, beginning of period 116,315,011 87,618,491
Cash and cash equivalents 7,728,795 8,718,247
Settlement processing assets 69,522,444 62,151,877
Prepaid card load assets 15,466,828 14,553,939
Customer deposits 2,239,829 1,907,169
Merchant reserves 4,617,537 4,925,101
Cash, Cash Equivalents, Settlement Processing Assets, Prepaid Card Load Assets, Customer Deposits and Merchant Reserves, End of Period 99,575,433 92,256,333
Employee Awards [Member]    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Employee stock-based compensation $ 329,284 $ 410,062