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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net income (loss) attributable to Paysign, Inc. $ (9,141,562) $ 7,454,319
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Net loss in noncontrolling interest 0 (1,573)
Stock-based compensation 2,971,777 2,528,613
Depreciation and amortization 2,124,763 1,483,140
Impairment of intangible asset 382,414 0
Loss on abandonment of assets 42,898 0
Amortization of lease right-of-use asset 418,243 0
Deferred taxes 917,480 (909,976)
Changes in operating assets and liabilities:    
Accounts receivable 237,077 (554,633)
Prepaid expenses and other current assets (20,544) (245,471)
Accounts payable and accrued liabilities 741,533 196,107
Operating lease (275,984) 0
Customer card funding 15,377,724 6,762,253
Net cash provided by operating activities 13,775,819 16,712,779
Cash flows from investing activities:    
Purchase of fixed assets (1,383,311) (463,714)
Capitalization of internally developed software (1,880,283) (1,492,356)
Purchase of intangible assets (81,261) (1,281,064)
Net cash used in investing activities (3,344,855) (3,237,134)
Cash flows from financing activities:    
Proceeds from exercise of stock options 172,560 430,919
Repurchase of employee common stock for taxes withheld (245,425) 0
Net cash provided by (used in) financing activities (72,865) 430,919
Net change in cash and restricted cash 10,358,099 13,906,564
Cash and restricted cash, beginning of period 45,572,305 31,665,741
Cash and restricted cash, end of period 55,930,404 45,572,305
Non-cash financing activities    
Acquisition of right-of-use asset by operating lease 4,455,271 0
Issuance of stock for asset acquisition 177,200 0
Dissolution of noncontrolling interest $ 263,087 $ 0