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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income attributable to Paysign, Inc. $ 1,321,731 $ 2,610,462
Adjustments to reconcile net income to net cash provided by operating activities:    
Net loss in noncontrolling interest 0 (1,068)
Depreciation and amortization 1,008,854 729,271
Stock based compensation 1,324,958 1,214,620
Loss on abandonment of assets 42,898 0
Amortization of lease right-of use asset 59,889 0
Deferred taxes (499,699) 0
Changes in operating assets and liabilities:    
Accounts receivable 228,352 (611,589)
Prepaid expenses and other current assets (85,801) 208,608
Accounts payable and accrued liabilities (259,626) (321,630)
Customer card funding 1,122,393 14,362,643
Net cash provided by operating activities 4,263,949 18,191,317
Cash flows from investing activities:    
Purchase of fixed assets (1,054,342) (234,255)
Capitalization of internally developed software (949,028) (648,480)
Purchase of intangible assets (57,127) (84,885)
Net cash used in investing activities (2,060,497) (967,620)
Cash flows from financing activities:    
Proceeds from exercise of stock options 24,000 0
Repurchase of employee common stock for taxes withheld (245,425) 0
Net cash provided by financing activities (221,425) 0
Net change in cash and restricted cash 1,982,027 17,223,697
Cash and restricted cash, beginning of period 45,572,305 31,665,741
Cash and restricted cash, end of period 47,554,332 48,889,438
Supplemental cash flow information:    
Operating lease right-of-use asset 4,455,271 0
Issuance of stock for asset acquisition 177,200 0
Dissolution of noncontrolling interest $ 263,087 $ 0