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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash $ 6,289,008 $ 5,615,073
Restricted Cash 42,600,430 26,050,668
Accounts Receivable 948,892 337,303
Prepaid Expenses and other assets 966,633 1,175,241
Total current assets 50,804,963 33,178,285
Fixed assets, net 969,161 883,490
Intangible assets, net 2,268,611 2,115,933
Total assets 54,042,735 36,177,708
Current liabilities    
Accounts payable and accrued liabilities 1,005,867 1,327,497
Customer card funding 40,323,617 25,960,974
Total current liabilities 41,329,484 27,288,471
Total liabilities 41,329,484 27,288,471
Stockholders' equity    
Preferred stock: $0.001 par value; 25,000,000 shares authorized; none issued and outstanding at June 30, 2019 and December 31, 2018 0 0
Common stock: $0.001 par value; 150,000,000 shares authorized, 47,556,912 and 46,440,765 issued at June 30, 2019 and December 31, 2018, respectively 47,557 46,441
Additional paid-in capital 9,833,648 8,620,144
Treasury stock at cost, 303,450 shares (150,000) (150,000)
Retained earnings 3,190,044 579,582
Total Paysign, Inc.'s stockholders' equity 12,921,249 9,096,167
Noncontrolling interest (207,998) (206,930)
Total stockholders' equity 12,713,251 8,889,237
Total liabilities and stockholders' equity $ 54,042,735 $ 36,177,708