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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Revenues $ 24,120,434 $ 34,666,653
Cost of revenues 14,817,028 15,425,178
Gross profit 9,303,406 19,241,475
Operating expenses    
Selling, general and administrative 15,091,432 11,656,681
Impairment of intangible asset 382,414 0
Loss on abandonment of assets 42,898 0
Depreciation and amortization 2,124,762 1,483,140
Total operating expenses 17,641,506 13,139,821
Income (loss) from operations (8,338,100) 6,101,654
Other income    
Interest income 90,720 441,116
Income (loss) before income tax provision (benefit) and noncontrolling interest (8,247,380) 6,542,770
Income tax provision (benefit) 894,182 (909,976)
Net income (loss) before noncontrolling interest (9,141,562) 7,452,746
Net loss attributable to noncontrolling interest 0 1,573
Net income (loss) attributable to Paysign, Inc. $ (9,141,562) $ 7,454,319
Net income (loss) per share    
Basic $ (0.19) $ 0.16
Diluted $ (0.19) $ 0.14
Weighted average common shares    
Basic 49,272,494 47,436,754
Diluted 49,272,494 54,550,369
Plasma Industry [Member]    
Revenues $ 23,401,068 $ 26,994,929
Pharma industry [Member]    
Revenues 326,699 7,372,990
Other [Member]    
Revenues $ 392,667 $ 298,734