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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities:    
Net income (loss) $ 14,833 $ (1,622,270)
Adjustments to reconcile net income (loss) to net cash (used) by operating activities:    
Depreciation 300,061 246,968
Amortization 217,968 467,967
Stock-based compensation 504,574 550,682
Amortization of warrant costs 0 8,985
Changes in current assets and current liabilities:    
Accounts receivable (846,609) 802,999
Prepaid expenses and other (10,616) (254,507)
Operating lease right-of-use assets (31,459) 118,719
Other assets (1) 0
Inventory 12,898 4,247
Accounts payable and accrued expenses 1,128,251 299,720
Operating lease liabilities 4,548 (122,594)
Prepaid card load obligations (1,357,807) (7,743,913)
Merchant reserves (164,886) 5,000
Customer deposits 20,953 27,272
Deferred revenue 0 (13,235)
Net cash (used) by operating activities (207,292) (7,223,960)
Investing activities:    
Purchases of property and equipment (217,735) (72,069)
Net cash (used) by investing activities (217,735) (72,069)
Financing activities:    
Payments on equipment loan (13,488) (13,488)
Purchases of treasury stock (8,529) (66,494)
Net cash (used) by financing activities (22,017) (79,982)
Change in cash, cash equivalents, prepaid card load assets, customer deposits and merchant reserves (447,044) (7,376,011)
Cash, cash equivalents, prepaid card load assets, customer deposits and merchant reserves, beginning of period 32,343,501 51,591,560
Cash, Cash Equivalents, Prepaid Card Load Assets, Customer Deposits and Merchant Reserves, End of Period 31,896,457 44,215,549
Supplemental disclosure of cash flow information:    
Interest 662 1,217
Income taxes 13,426 0
Non-cash transactions:    
Issuance of deferred stock compensation $ 2,444,054 $ 12,330