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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating activities:    
Net income (loss) $ (953,259) $ 851,246
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 553,182 242,558
Amortization 122,354 29,762
Non-cash stock based compensation 835,590 965,544
Cancellation of stock based compensation (44,875) (163,936)
Issuance of stock to consultant 34,300
Changes in current assets and current liabilities:    
Accounts receivable 134,178 155,803
Prepaid expenses and other (29,826) (26,663)
Other assets 3,103 28,563
Accounts payable and accrued expenses (69,166) (361,231)
Deferred revenue
Settlement processing assets, net
Net cash provided by operating activities: 585,581 1,721,646
Investing activities:    
Purchases of property and equipment (151,597) (726,476)
Note receivable (200,000)
Net cash (used) by investing activities: (351,597) (726,476)
Financing activities:    
Purchase of treasury stock (26,541)
Net cash (used) by financing activities: (26,541)
Change in cash and cash equivalents 233,984 968,629
Cash and cash equivalents, beginning of period 4,059,606 2,803,455
Cash and cash equivalents, end of period 4,293,590 3,772,084
Supplemental disclosure of cash flow information:    
Interest
Income taxes $ 32,369