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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash $ 9,663,746 $ 5,615,073
Restricted Cash 35,908,559 26,050,668
Accounts Receivable 891,936 337,303
Prepaid expenses and other assets 1,413,208 1,167,737
Total current assets 47,877,449 33,170,781
Fixed assets, net 937,185 883,490
Intangible assets, net 3,816,232 2,115,933
Deferred tax asset 917,480 7,504
Total assets 53,548,346 36,177,708
Current liabilities    
Accounts payable and accrued liabilities 1,523,604 1,327,497
Customer card funding 32,723,227 25,960,974
Total current liabilities 34,246,831 27,288,471
Total liabilities 34,246,831 27,288,471
Stockholders' equity    
Common stock; $0.001 par value; 150,000,000 shares authorized, 48,577,712 and 46,440,765 issued and outstanding at December 31, 2019 and December 31, 2018, respectively 48,578 46,441
Additional paid-in capital 11,577,539 8,620,144
Treasury stock at cost, 303,450 and 303,450 shares, December 31, 2019 and December 31, 2018, respectively (150,000) (150,000)
Retained earnings 8,088,485 579,582
Total Paysign, Inc.'s stockholders' equity 19,564,602 9,096,167
Noncontrolling interest (263,087) (206,930)
Total stockholders' equity 19,301,515 8,889,237
Total liabilities and stockholders' equity $ 53,548,346 $ 36,177,708