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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating activities:    
Net (loss) $ (360,535) $ (3,059,195)
Adjustments to reconcile net (loss) to net cash provided by operating activities:    
Depreciation 480,368 410,254
Amortization 1,403,900 750,001
Bad debt 87,190 0
Non-cash stock-based compensation 988,567 903,326
Amortization of warrant costs 26,955 26,958
Changes in current assets and current liabilities:    
Accounts receivable (1,410,805) 54,631
Prepaid expenses and other 54,709 (1,534)
Operating lease right-of-use assets (249,863) 172,166
Other assets 23,000 (18,363)
Inventory (45,209) 0
Accounts payable and accrued expenses 765,512 (71,309)
Operating lease liabilities 258,896 (168,458)
Prepaid card load obligations 7,474,626 7,378,146
Merchant reserves (1,004,402) (1,782,500)
Customer deposits 200,028 0
Deferred revenue (35,690) (39,705)
Net cash provided by operating activities 8,657,247 4,554,418
Investing activities:    
Purchases of property and equipment (999,493) (582,347)
Net cash (used) by investing activities (999,493) (582,347)
Financing activities:    
Proceeds from public offering, net of expenses 0 7,257,925
Proceeds from private offering 0 3,000,000
Payments on equipment loan (26,446) 0
Purchases of treasury stock (198,350) (180,311)
Net cash (used) provided by financing activities (58,800) 10,891,114
Change in cash, cash equivalents, prepaid card load assets, customer deposits and merchant reserves 7,598,954 14,863,185
Cash, cash equivalents, prepaid card load assets, customer deposits and merchant reserves, beginning of period 22,192,225 12,682,918
Cash, Cash Equivalents, Prepaid Card Load Assets, Customer Deposits and Merchant Reserves, End of Period 29,791,179 27,546,103
Supplemental disclosure of cash flow information:    
Interest 2,964 0
Income taxes 92,850 93,525
Non-cash transactions:    
Issuance of deferred stock compensation 0 1,559,520
Paycheck Protection Program CARES Act [Member]    
Financing activities:    
Proceeds from loan 0 813,500
Equipment Loan [Member]    
Financing activities:    
Proceeds from loan $ 165,996 $ 0