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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
Common Stock
Additional Paid-In Capital
Treasury Stock
Retained Earnings / Accumulated Deficit
Noncontrolling Interest
Total
Beginning balance, shares at Dec. 31, 2018 46,440,765          
Beginning balance, value at Dec. 31, 2018 $ 46,441 $ 8,620,144 $ (150,000) $ 579,582 $ (206,930) $ 8,889,237
Exercise of stock options, shares 245,800          
Exercise of stock options, value $ 246 430,673 430,919
Issuance of stock for previously vested stock-based compensation, shares 1,891,147          
Issuance of stock for previously vested stock-based compensation, value $ 1,891 (1,891)
Stock-based compensation 2,528,613 2,528,613
Dissolution and amalgamation of Qfour, Inc. subsidiary 54,584 (54,584)
Net income (loss) 7,454,319 (1,573) 7,452,746
Ending balance, shares at Dec. 31, 2019 48,577,712          
Ending balance, value at Dec. 31, 2019 $ 48,578 11,577,539 (150,000) 8,088,485 (263,087) 19,301,515
Exercise of stock options, shares 71,900          
Exercise of stock options, value $ 72 172,488 172,560
Issuance of stock for previously vested stock-based compensation, shares 1,581,995          
Issuance of stock for previously vested stock-based compensation, value $ 1,582 (1,582)
Stock-based compensation 2,971,777 2,971,777
Dissolution of Paysign, Ltd. Subsidiary (263,087) 263,087
Repurchase of employee common stock for taxes withheld (245,425) (245,425)
Issuance of stock for acquisition of contract assets, shares 20,000          
Issuance of stock for acquisition of contract assets, value $ 20 177,180 177,200
Net income (loss) (9,141,562) (9,141,562)
Ending balance, shares at Dec. 31, 2020 50,251,607          
Ending balance, value at Dec. 31, 2020 $ 50,252 $ 14,388,890 $ (150,000) $ (1,053,077) $ 13,236,065