Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 1,742,683	$ 2,137,580
Accounts receivable, net	1,082,308	1,274,001
Settlement processing assets	29,884,128	38,906,780
Prepaid card load assets	581,575	528,434
Prepaid expenses and other	242,419	183,575
Current assets before merchant reserves	33,533,113	43,030,370
Merchant reserves	8,524,904	10,016,904
Total current assets	42,058,017	53,047,274
Property and equipment, net	1,572,381	1,557,521
Other assets:
Intangibles, net	2,426,426	2,676,427
Deferred tax asset	1,394,000	1,394,000
Operating lease right-of-use assets	2,424,175	2,480,902
Other assets	424,749	404,055
Total other assets	6,669,350	6,955,384
Total assets	50,299,748	61,560,179
Current liabilities:
Accounts payable	244,844	419,849
Accrued expenses	1,369,581	1,360,551
Operating lease liabilities, current portion	234,553	356,184
Settlement processing obligations	29,884,128	38,906,780
Prepaid card load obligations	581,575	528,434
Deferred revenues	110,294	123,529
Current liabilities before merchant reserve obligations	32,424,975	41,695,327
Merchant reserve obligations	8,524,904	10,016,904
Total current liabilities	40,949,879	51,712,231
Non-current liabilities:
Operating lease liabilities, non-current portion	2,346,477	2,279,613
Total liabilities	43,296,356	53,991,844
Stockholders’ equity:
Preferred stock, $0.01 par value, 10,000,000 shares authorized; -0- shares outstanding at March 31, 2020 (unaudited) and December 31, 2019, respectively	0	0
Common stock, $0.001 par value, 200,000,000 shares authorized; 18,275,577 and 18,224,577 issued, and 17,137,653 and 17,104,998 outstanding at March 31, 2020 (unaudited) and December 31, 2019, respectively	186,707	186,656
Additional paid-in capital	77,123,698	77,055,273
Treasury stock, at cost; 1,137,924 and 1,119,579 shares at March 31, 2020 (unaudited) and December 31, 2019, respectively	(1,912,081)	(1,885,452)
Deferred compensation	(5,407,935)	(5,636,154)
Accumulated deficit	(62,986,997)	(62,151,988)
Total stockholders’ equity	7,003,392	7,568,335
Total liabilities and stockholders’ equity	$ 50,299,748	$ 61,560,179