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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income $ 1,760,305 $ 1,711,626
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 603,968 233,462
Depreciation and amortization expense 608,990 725,173
Provision (recovery) for doubtful accounts 57,328 (1,007)
Gain on insurance settlement   (517,930)
Changes in operating assets and liabilities:    
Decrease in settlement assets 117,192 486,539
Increase in accounts receivables, prepaid expenses and other current assets (493,038) (436,702)
Decrease (increase) in other long-term assets 124,786 (47,230)
(Decrease) increase in accounts payable and accrued expenses (215,331) 454,979
Decrease in due to merchants (120,449) (487,255)
Other 34,365 (81,947)
Net cash provided by operating activities 2,478,116 2,039,708
Cash flows from investing activities:    
Decrease in restricted cash 2,038 119
Decrease in merchant reserves (1,990) (96)
Purchase of property and equipment (60,746) (123,817)
Capitalized software development (288,162) (287,223)
Purchase of intangible assets   (5,888)
Net cash used for investing activities (348,860) (416,905)
Cash flows from financing activities:    
Proceeds from issuance of common stock 772,813  
Principal payments on capital lease obligations (106,528) (146,905)
Purchases of treasury stock (3,621,505)  
Net cash used for financing activities (2,955,220) (146,905)
Net (decrease) increase in cash and cash equivalents (825,964) 1,475,898
Cash and cash equivalents at beginning of period 14,675,515 9,837,791
Cash and cash equivalents at end of period 13,849,551 11,313,689
Cash paid for:    
Interest 8,544 18,837
Income taxes 295,589 199,364
Non-cash investing and financing activities:    
Common stock issued for stock options exercised 98  
Assets acquired under capital leases 98,988 79,291
Accrued capitalized hardware, software and fixed assets 30,667 38,609
Capitalized stock-based compensation $ 6,366 $ 10,711