Consolidated Balance Sheets - USD ($)	Dec. 31, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 2,695,177	$ 4,800,554
Accounts receivable, net	1,214,355	969,674
Settlement processing assets	44,139,861	38,027,984
Prepaid expenses and other	101,722	176,945
Note receivable, net	108,750	150,000
Current assets before merchant reserves	48,259,865	44,125,157
Merchant reserves	12,645,803	14,977,468
Total current assets	60,905,668	59,102,625
Property and equipment, net	1,932,660	2,105,186
Other assets:
Intangibles, net	3,676,427	4,676,427
Deferred tax asset	1,394,000	1,394,000
Other assets	306,757	157,565
Total other assets	5,377,184	6,227,992
Total Assets	68,215,512	67,435,803
Current Liabilities:
Accounts payable	308,178	300,736
Accrued expenses	1,388,196	1,006,262
Settlement processing obligations	44,139,861	38,027,984
Deferred revenues	20,000	0
Current liabilities before merchant reserve obligations	45,856,235	39,334,982
Merchant reserve obligations	12,645,803	14,977,468
Total current liabilities	58,502,038	54,312,450
Non-current liabilities:
Deferred rent	79,748	0
Total liabilities	58,581,786	54,312,450
Stockholders' Equity:
Preferred stock, $0.01 par value, 10,000,000 shares authorized; -0- shares issued and outstanding in 2018 and 2017	0	0
Common stock, $0.001 par value, 200,000,000 shares authorized; 17,129,680 and 16,874,235 issued and 16,043,630 and 16,201,634 outstanding in 2018 and 2017 (see Note 11)	185,561	186,299
Additional paid-in capital	74,568,627	74,041,083
Treasury stock, at cost; 1,086,050 and 672,601 shares in 2018 and 2017 (see Note 11)	(1,813,546)	(831,059)
Deferred compensation	(6,270,675)	(7,012,544)
Accumulated deficit	(57,036,241)	(53,260,426)
Total stockholders' equity	9,633,726	13,123,353
Total Liabilities and Stockholders' Equity	$ 68,215,512	$ 67,435,803