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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income attributable to Paysign, Inc. $ 1,540,965 $ 871,671
Adjustments to reconcile net income to net cash provided by operating activities:    
Change in noncontrolling interest 0 (564)
Depreciation and amortization 502,376 333,761
Stock based compensation 724,183 646,710
Deferred taxes (75,902) 0
Changes in operating assets and liabilities:    
Change in accounts receivable (19,661) (330,548)
Change in prepaid expenses and other current assets 32,525 108,884
Change in accounts payable and accrued liabilities 475,442 (748,447)
Change in customer card funding 7,569,104 19,151,504
Net cash provided by operating activities 10,749,032 20,032,971
Cash flows from investing activities:    
Purchase of fixed assets (953,894) (195,460)
Increase in intangible assets (542,229) (363,955)
Net cash used in investing activities (1,496,123) (559,415)
Cash flows from financing activities:    
Proceeds from exercise of options 24,000 0
Net cash provided by financing activities 24,000 0
Net change in cash and restricted cash 9,276,909 19,473,556
Cash and restricted cash, beginning of period 45,572,305 31,665,741
Cash and restricted cash, end of period 54,849,214 51,139,297
Non-cash financing activities    
Interest paid 0 0
Income taxes paid $ 0 $ 0