Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 2,716,316	$ 4,800,554
Accounts receivable, net	1,147,482	969,674
Settlement processing assets	34,767,837	38,027,984
Prepaid expenses and other	179,330	176,945
Notes receivable, net	72,500	150,000
Current assets before merchant reserves	38,883,465	44,125,157
Merchant reserves	13,602,562	14,977,468
Total current assets	52,486,027	59,102,625
Property and equipment, net	2,050,221	2,105,186
Other assets:
Intangibles, net	3,926,426	4,676,427
Deferred tax asset	1,394,000	1,394,000
Other assets	303,759	157,565
Total other assets	5,624,185	6,227,992
Total assets	60,160,433	67,435,803
Current liabilities:
Accounts payable	251,906	300,736
Accrued expenses	1,217,307	1,006,262
Settlement processing obligations	34,767,837	38,027,984
Deferred revenues	35,000	0
Current liabilities before merchant reserve obligations	36,272,050	39,334,982
Merchant reserve obligations	13,602,562	14,977,468
Total current liabilities	49,874,612	54,312,450
Non-current liabilities:
Deferred rent	58,457	0
Total liabilities	49,933,069	54,312,450
Stockholders’ equity:
Preferred stock, $0.01 par value, 10,000,000 shares authorized; -0- shares outstanding at September 30, 2018 (unaudited) and December 31, 2017, respectively	0	0
Common stock, $0.001 par value, 200,000,000 shares authorized; 17,020,180 and 16,874,235 issued, and 15,943,624 and 16,201,634 outstanding at September 30, 2018 (unaudited) and December 31, 2017, respectively	185,447	186,299
Additional paid-in capital	74,371,930	74,041,083
Treasury stock, at cost; 1,076,556 and 672,601 shares at September 30, 2018 (unaudited) and December 31, 2017, respectively	(1,797,442)	(831,059)
Deferred compensation	(6,372,735)	(7,012,544)
Accumulated deficit	(56,159,836)	(53,260,426)
Total stockholders’ equity	10,227,364	13,123,353
Total liabilities and stockholders’ equity	$ 60,160,433	$ 67,435,803