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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenues $ 34,666,653 $ 23,423,675
Cost of revenues 15,425,178 12,026,452
Gross profit 19,241,475 11,397,223
Operating expenses    
Selling, general and administrative 11,656,681 7,835,074
Depreciation and amortization 1,483,140 1,089,521
Total operating expenses 13,139,821 8,924,595
Income from operations 6,101,654 2,472,628
Other income (expense)    
Other expense 0 (31,125)
Interest income 441,116 139,738
Total other income, net 441,116 108,613
Income before income tax benefit 6,542,770 2,581,241
Income tax benefit (909,976) 0
Net income 7,452,746 2,581,241
Net loss attributable to the noncontrolling interest 1,573 6,813
Net income attributable to Paysign, Inc. $ 7,454,319 $ 2,588,054
Net income per common share - basic $ 0.16 $ 0.06
Net income per common share - fully diluted $ 0.14 $ 0.05
Weighted average common shares outstanding - basic 47,436,754 45,449,254
Weighted average common shares outstanding - fully diluted 54,550,369 51,986,505
Other [Member]    
Revenues $ 298,734 $ 25,410
Plasma Industry [Member]    
Revenues 26,994,929 23,031,823
Pharma industry [Member]    
Revenues $ 7,372,990 $ 366,442