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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Operating Activities    
Net (loss) $ (3,008,785) $ (1,196,642)
Adjustments to reconcile net (loss) to net cash (used) provided by operating activities:    
Depreciation 761,660 738,461
Amortization 496,472 163,139
Bad debt expense 71,667 0
Goodwill 0 5,777
Non-cash stock based compensation 968,141 1,314,778
Cancellation of stock based compensation 0 (261,208)
Issuance of stock to consultant 40,200 51,700
Issuance of stock to Akimbo to settle Indemnification liability 0 419,221
Deferred income tax 227,000 0
Changes in operating assets and liabilities:    
Accounts receivable (133,591) 227,634
Prepaid expenses and other (34,916) 7,089
Other assets 43,243 2,041
Accounts payable and accrued expenses 458,632 (623,552)
Net cash (used) provided by operating activities (110,277) 848,438
Investing Activities    
Purchases of property and equipment (372,337) (155,551)
Purchase of Singular Payments, LLC (900,000) 0
Advance to Singular Payments, LLC (600,000) 0
Note receivable 50,000 (200,000)
Net cash (used) by investing activities (1,822,337) (355,551)
Financing Activities    
Proceeds from public offering, net of expenses 2,725,340 0
Purchases of treasury stock (112,910) (431,755)
Net cash (used) by financing activities 2,612,430 (431,755)
Change in cash and cash equivalents 679,816 61,132
Cash and cash equivalents, beginning of year 4,120,738 4,059,606
Cash and Cash Equivalents, End of Year 4,800,554 4,120,738
Supplemental disclosures of cash flow information    
Interest 0 0
Income taxes 45,000 48,164
Non-cash transactions:    
Issuance of common stock in exchange for purchases of Singular Payments, LLC 3,500,000 0
Forgiveness of note receivable in exchange for purchase of Singular Payments, LLC 600,000 0
Issuance of deferred stock compensation $ 3,713,688 $ 0