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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash $ 7,633,149 $ 9,663,746
Restricted Cash 39,921,183 35,908,559
Accounts Receivable 663,584 891,936
Prepaid expenses and other assets 1,440,621 1,413,208
Total current assets 49,658,537 47,877,449
Fixed assets, net 1,753,368 937,185
Intangible assets, net 4,008,794 3,816,232
Operating lease right-of-use asset 4,526,089 0
Deferred tax assets 1,417,179 917,480
Total assets 61,363,967 53,548,346
Current liabilities    
Accounts payable and accrued liabilities 1,136,821 1,523,604
Operating lease, current portion 301,233 0
Customer card funding 33,845,620 32,723,227
Total current liabilities 35,283,674 34,246,831
Operating lease liability, long term portion 4,176,314 0
Total liabilities 39,459,988 34,246,831
Stockholders' equity    
Preferred stock: $0.001 par value; 25,000,000 shares authorized; none issued and outstanding at June 30, 2020 and December 31, 2019 0 0
Common stock: $0.001 par value; 150,000,000 shares authorized, 49,373,707 and 48,577,712 issued at June 30, 2020 and December 31, 2019, respectively 49,374 48,578
Additional paid-in capital 12,594,389 11,577,539
Treasury stock at cost, 303,450 shares (150,000) (150,000)
Retained earnings 9,410,216 8,088,485
Total Paysign, Inc. stockholders' equity 21,903,979 19,564,602
Noncontrolling interest 0 (263,087)
Total equity 21,903,979 19,301,515
Total liabilities and equity $ 61,363,967 $ 53,548,346