PAID INC: 10-Q filed 2022-11-14

Name: PAID INC: 10-Q filed 2022-11-14
Creator: PAID INC

What PAID INC reported in its quarterly report filed 2022-11-14 (fiscal Q3 2022): 43 published measures, 125 facts as tagged in accession 0001851734-22-000673.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-11-14
Fiscal period: fiscal Q3 2022
Accession: 0001851734-22-000673 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All PAID INC filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2022-09-30	6,203,909	USD
At 2021-12-31	6,496,350	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2022-09-30	3,558,589	USD
At 2021-12-31	3,587,672	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2022-09-30	2,645,320	USD
At 2022-06-30	2,933,248	USD
At 2022-03-31	2,904,620	USD
At 2021-12-31	2,908,678	USD
At 2021-09-30	3,141,788	USD
At 2021-06-30	3,266,854	USD
At 2021-03-31	3,106,991	USD
At 2020-12-31	2,982,599	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2022-09-30	3,031,365	USD
At 2021-12-31	2,839,687	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	-105,961	USD	92
2022-01-01 to 2022-09-30	-86,415	USD	273
2022-04-01 to 2022-06-30	80,000	USD	91
2022-01-01 to 2022-03-31	-60,454	USD	90
2021-07-01 to 2021-09-30	-144,548	USD	92
2021-01-01 to 2021-09-30	-354,645	USD	273
2021-04-01 to 2021-06-30	-30,364	USD	91
2021-01-01 to 2021-03-31	-179,733	USD	90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2022-01-01 to 2022-09-30	456,990	USD	273
2021-01-01 to 2021-09-30	845,795	USD	273

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2022-01-01 to 2022-09-30	0	USD	273
2021-01-01 to 2021-09-30	1,120	USD	273

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	4,145,269	USD	92
2022-01-01 to 2022-09-30	12,290,635	USD	273
2021-07-01 to 2021-09-30	3,480,109	USD	92
2021-01-01 to 2021-09-30	11,008,692	USD	273

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2022-01-01 to 2022-09-30	0	USD	273
2021-01-01 to 2021-09-30	-2,907	USD	273

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2022-01-01 to 2022-09-30	0	USD	273
2021-01-01 to 2021-09-30	-1,120	USD	273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2022-09-30	-70,408,965	USD
At 2021-12-31	-70,322,550	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	7,786,284	shares	92
2022-01-01 to 2022-09-30	7,778,319	shares	273
2021-07-01 to 2021-09-30	7,773,263	shares	92
2021-01-01 to 2021-09-30	7,334,018	shares	273

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	7,786,284	shares	92
2022-01-01 to 2022-09-30	7,778,319	shares	273
2021-07-01 to 2021-09-30	7,773,263	shares	92
2021-01-01 to 2021-09-30	7,334,018	shares	273

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	-0.01	USD/shares	92
2022-01-01 to 2022-09-30	-0.01	USD/shares	273
2021-07-01 to 2021-09-30	-0.02	USD/shares	92
2021-01-01 to 2021-09-30	-0.05	USD/shares	273

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	77,272	USD	92
2022-01-01 to 2022-09-30	157,261	USD	273
2021-07-01 to 2021-09-30	0	USD	92
2021-01-01 to 2021-09-30	956	USD	273

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2022-09-30	26,526	USD
At 2021-12-31	40,493	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2022-01-01 to 2022-09-30	75,745	USD	273
2021-01-01 to 2021-09-30	502,427	USD	273

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	-28,689	USD	92
2022-01-01 to 2022-09-30	70,846	USD	273
2021-07-01 to 2021-09-30	-144,548	USD	92
2021-04-01 to 2021-09-30	-144,548	USD	183
2021-01-01 to 2021-09-30	-353,689	USD	273

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2022-09-30	3,450,414	USD
At 2021-12-31	3,219,619	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2022-09-30	2,788,585	USD
At 2021-12-31	2,724,173	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2022-09-30	1,421,273	USD
At 2021-12-31	1,624,981	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2022-09-30	2,695,630	USD
At 2021-12-31	3,175,198	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2022-09-30	304,767	USD
At 2021-12-31	215,109	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	945,944	USD	92
2022-01-01 to 2022-09-30	2,666,678	USD	273
2021-07-01 to 2021-09-30	921,497	USD	92
2021-01-01 to 2021-09-30	2,942,702	USD	273

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	917,255	USD	92
2022-01-01 to 2022-09-30	2,737,524	USD	273
2021-07-01 to 2021-09-30	776,949	USD	92
2021-01-01 to 2021-09-30	2,589,013	USD	273

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	3,228,014	USD	92
2022-01-01 to 2022-09-30	9,553,111	USD	273
2021-07-01 to 2021-09-30	2,703,160	USD	92
2021-01-01 to 2021-09-30	8,419,679	USD	273

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2022-09-30	7,786,284	shares
At 2021-12-31	7,773,263	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2022-09-30	72,766,933	USD
At 2021-12-31	72,691,201	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2022-09-30	337,379	USD
At 2021-12-31	590,067	USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

Period	Value	Unit	Days
At 2022-09-30	31,339	USD
At 2021-12-31	61,040	USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

Period	Value	Unit	Days
At 2022-09-30	30,764	USD
At 2021-12-31	61,310	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2022-09-30	2,695,630	USD
At 2021-12-31	3,175,198	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2022-09-30	558,971	USD
At 2021-12-31	376,387	USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

Period	Value	Unit	Days
At 2022-09-30	770,004	USD
At 2021-12-31	838,312	USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	-303,661	USD	92
2022-01-01 to 2022-09-30	-339,103	USD	273
2021-07-01 to 2021-09-30	-219,679	USD	92
2021-01-01 to 2021-09-30	-343,238	USD	273

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	-105,961	USD	92
2022-01-01 to 2022-09-30	-86,415	USD	273
2021-07-01 to 2021-09-30	-144,548	USD	92
2021-01-01 to 2021-09-30	-354,645	USD	273

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	307,126	USD	92
2022-01-01 to 2022-09-30	906,032	USD	273
2021-07-01 to 2021-09-30	274,078	USD	92
2021-01-01 to 2021-09-30	757,479	USD	273

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2022-01-01 to 2022-09-30	248,676	USD	273
2021-01-01 to 2021-09-30	385,848	USD	273

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	77,487	USD	92
2022-01-01 to 2022-09-30	237,998	USD	273
2021-07-01 to 2021-09-30	122,054	USD	92
2021-01-01 to 2021-09-30	368,595	USD	273

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2022-01-01 to 2022-09-30	0	USD	273
2021-01-01 to 2021-09-30	86	USD	273

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2022-01-01 to 2022-09-30	1,356	USD	273
2021-01-01 to 2021-09-30	956	USD	273

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

Period	Value	Unit	Days
2022-01-01 to 2022-09-30	30,786	USD	273
2021-01-01 to 2021-09-30	31,562	USD	273

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2022-01-01 to 2022-09-30	120,506	USD	273
2021-01-01 to 2021-09-30	50,447	USD	273

Inspect the source

Entity: PAID INC / CIK 0001017655
Captured: 2026-09-20T05:13:08.666Z
SEC response SHA-256: 685549b8e7be104c9020320c75943104fb8a6d9e51ad34c18ef66afaf3ed6b21

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001017655.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))