Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 3,276,511	$ 2,695,177
Accounts receivable, net	1,568,905	1,214,355
Settlement processing assets	35,640,174	44,139,861
Prepaid expenses and other	201,575	101,722
Notes receivable, net	108,750	108,750
Current assets before merchant reserves	40,795,915	48,259,865
Merchant reserves	11,074,891	12,645,803
Total current assets	51,870,806	60,905,668
Property and equipment, net	1,782,323	1,932,660
Other assets:
Intangibles, net	3,176,427	3,676,427
Deferred tax asset	1,394,000	1,394,000
Operating lease right-of-use assets	2,614,006
Other assets	312,780	306,757
Total other assets	7,497,213	5,377,184
Total assets	61,150,342	68,215,512
Current liabilities:
Accounts payable	239,325	308,178
Accrued expenses	1,593,824	1,388,196
Operating lease liabilities, current portion	246,758
Settlement processing obligations	35,640,174	44,139,861
Deferred revenues	150,000	20,000
Current liabilities before merchant reserve obligations	37,870,081	45,856,235
Merchant reserve obligations	11,074,891	12,645,803
Total current liabilities	48,944,972	58,502,038
Non-current liabilities:
Operating lease liabilities, non-current portion	2,519,276
Deferred rent	0	79,748
Total liabilities	51,464,248	58,581,786
Stockholders’ equity:
Preferred stock, $0.01 par value, 10,000,000 shares authorized; -0- shares outstanding at June 30, 2019 (unaudited) and December 31, 2018, respectively	0	0
Common stock, $0.001 par value, 200,000,000 shares authorized; 18,008,577 and 17,129,680 issued, and 16,899,281 and 16,043,630 outstanding at June 30, 2019 (unaudited) and December 31, 2018, respectively	186,439	185,561
Additional paid-in capital	76,558,492	74,568,627
Treasury stock, at cost; 1,109,296 and 1,086,050 shares at June 30, 2019 (unaudited) and December 31, 2018, respectively	(1,864,061)	(1,813,546)
Deferred compensation	(5,810,035)	(6,270,675)
Accumulated deficit	(59,384,741)	(57,036,241)
Total stockholders’ equity	9,686,094	9,633,726
Total liabilities and stockholders’ equity	$ 61,150,342	$ 68,215,512