Paid Inc (PAYD) Financial Statements (2026 and earlier)

Company Profile

Business Address 200 FRIBERG PARKWAY
WESTBOROUGH, MA 01581
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,1081,2852,0521,7872,8401,644
Cash and cash equivalent1,1081,2852,0521,7872,8401,644
Receivables3031942,6591,773215172
Prepaid expense370431134151165184
Total current assets:1,7811,9094,8463,7123,2202,000
Noncurrent Assets
Operating lease, right-of-use asset9011514236193
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization4411234060
Long-term investments and receivables4,6444,458    
Accounts and financing receivable, after allowance for credit loss4,6444,458    
Intangible asset, including goodwill, after accumulated amortization1,7591,9532,4232,6633,1753,633
Intangible asset, excluding goodwill, after accumulated amortization1,7591,9532,4232,6633,1753,633
Total noncurrent assets:6,4976,5312,4472,7103,2773,787
TOTAL ASSETS:8,2788,4407,2936,4226,4965,787
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,7232,1341,9032,0412,677276
Taxes payable✕✕✕✕✕ 32
Employee-related liabilities✕✕✕✕✕ 25
Accounts payable1,3901,6951,4821,6102,301 
Accrued liabilities333439421431376 
Other undisclosed accounts payable and accrued liabilities      219
Debt     3
Other undisclosed current liabilities3624053035471,503
Total current liabilities:2,0852,5391,9332,0762,7241,782
Noncurrent Liabilities
Long-term debt and lease obligation:     2562
Liabilities, other than long-term debt650876901973838 
Deferred income tax liabilities408420623708838 
Liability for uncertainty in income taxes182370279265  
Operating lease, liability6185  2562
Other undisclosed noncurrent liabilities      899
Total noncurrent liabilities:6508769019738631,023
Total liabilities:2,7363,4152,8343,0503,5882,804
Equity
Equity, attributable to parent, including:5,5425,0254,4593,3722,9092,983
Common stock988886
Treasury stock, value(169)(169)(165)(165)(58) 
Additional paid in capital74,57973,64173,50572,80172,69170,083
Deferred compensation equity (125)(193)(85)(82)  
Accumulated other comprehensive income241226343316590571
Accumulated deficit(69,242)(68,874)(69,317)(69,670)(70,323)(69,626)
Other undisclosed equity, attributable to parent 249386169164 1,948
Total equity:5,5425,0254,4593,3722,9092,983
TOTAL LIABILITIES AND EQUITY:8,2788,4407,2936,4226,4965,787

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues20,70818,58616,56516,58614,89012,921
Cost of revenue(16,063)(14,514)(12,779)(12,897)(11,436)(9,810)
Cost of product and service sold      (9,810)
Gross profit:4,6454,0713,7863,6893,4533,111
Operating expenses(5,300)(4,565)(4,373)(3,630)(3,944)(5,243)
Operating income (loss):(655)(493)(588)59(491)(2,131)
Nonoperating income511,216849  21
Investment income, nonoperating36175203   
Other nonoperating income      21
Interest and debt expense    32(0)(1)
Other undisclosed income from continuing operations before equity method investments, income taxes      1
Income (loss) from continuing operations before equity method investments, income taxes:(604)72326191(491)(2,110)
Other undisclosed income from continuing operations before income taxes    1040 
Income (loss) from continuing operations before income taxes:(604)723261196(491)(2,110)
Income tax expense (benefit)2364192456(206)(122)
Income (loss) from continuing operations:(368)764353652(697)(2,233)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(697)(2,233)
Net income (loss) attributable to parent:(368)764353652(697)(2,233)
Preferred stock dividends and other adjustments      29
Other undisclosed net loss available to common stockholders, basic      (57)
Net income (loss) available to common stockholders, diluted:(368)764353652(697)(2,261)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income (loss):(368)764353652(697)(2,233)
Other comprehensive loss      (2,175)
Comprehensive income (loss):(368)764353652(697)(4,407)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent15(117)27(274)19 
Comprehensive income (loss), net of tax, attributable to parent:(354)647380378(677)(4,407)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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