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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenues $ 8,636,271 $ 5,460,723 $ 15,893,561 $ 10,137,042
Cost of revenues (excluding depreciation and amortization) 3,598,038 2,840,876 7,080,174 5,274,086
Gross profit 5,038,233 2,619,847 8,813,387 4,862,956
Operating expenses        
Depreciation and amortization 395,510 250,447 729,271 496,079
Selling, general and administrative 3,012,971 1,667,856 5,717,921 3,247,321
Total operating expenses 3,408,481 1,918,303 6,447,192 3,743,400
Income from operations 1,629,752 701,544 2,366,195 1,119,556
Other income (expense)        
Other (expense) 0 (3,125) 0 (31,125)
Interest income 131,811 33,015 250,985 53,615
Total other income, net 131,811 29,890 250,985 22,490
Income before provision for income taxes and noncontrolling interest 1,761,563 731,434 2,617,180 1,142,046
Income tax expense 23,276 0 7,786 0
Net income before noncontrolling interest 1,738,287 731,434 2,609,394 1,142,046
Net loss attributable to the noncontrolling interest 504 622 1,068 2,517
Net income attributable to Paysign, Inc. $ 1,738,791 $ 732,056 $ 2,610,462 $ 1,144,563
Net income per common share - basic $ 0.04 $ 0.02 $ 0.06 $ 0.03
Net income per common share - fully diluted $ 0.03 $ 0.01 $ 0.05 $ 0.02
Weighted average common shares outstanding - basic 47,310,209 45,560,692 47,136,608 45,359,479
Weighted average common shares outstanding - fully diluted 54,967,595 51,988,192 54,739,483 51,437,538