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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating activities:    
Net income (loss) $ (174,696) $ 219,874
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 688,039 605,095
Amortization 435,964 435,933
Employee stock-based compensation 959,334 1,082,443
Non-cash revenue from returned common stock 0 (156,162)
Changes in current assets and current liabilities:    
Accounts receivable 69,599 (850,132)
Prepaid expenses and other (375,092) (176,728)
Operating lease right-of-use assets 236,367 114,956
Other assets 15,072 0
Inventory 15,795 25,185
Accounts payable and accrued expenses (649,684) 136,401
Operating lease liabilities (246,945) (134,979)
Prepaid card load obligations (3,522,055) 26,227,715
Merchant reserves (458,256) 231,539
Customer deposits (57,725) 9,070
Net cash provided by (used in) operating activities (3,064,283) 27,770,210
Investing activities:    
Purchases of property and equipment (455,057) (388,628)
Net cash (used in) investing activities (455,057) (388,628)
Financing activities:    
Payments on equipment loan (36,868) (28,215)
Proceeds from issuance of common stock 10,510 0
Purchases of treasury stock (149,769) (19,036)
Net cash (used in) financing activities (176,127) (47,251)
Change in cash, cash equivalents, prepaid card load assets, customer deposits and merchant reserves (3,695,467) 27,334,331
Cash, cash equivalents, prepaid card load assets, customer deposits and merchant reserves, beginning of period 45,910,486 32,343,501
Cash, Cash Equivalents, Prepaid Card Load Assets, Customer Deposits and Merchant Reserves, End of Period 42,215,019 59,677,832
Supplemental disclosure of cash flow information:    
Interest 27,835 1,195
Income taxes 0 312,158
Non-cash financing activity:    
Issuance of deferred stock compensation 1,497,300 2,478,506
Employee Awards [Member]    
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Employee stock-based compensation $ 959,334 $ 1,082,443