2023 Q2 Form 10-K Financial Statement
#000121390023032044 Filed on April 24, 2023
Income Statement
Concept | 2023 Q2 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $24.53M | $21.41M | $113.1M |
YoY Change | -32.88% | -31.14% | -9.86% |
Cost Of Revenue | $16.14M | $17.57M | $75.94M |
YoY Change | -11.35% | -6.93% | -4.09% |
Gross Profit | $8.391M | $3.843M | $37.12M |
YoY Change | -54.25% | -68.55% | -19.75% |
Gross Profit Margin | 34.21% | 17.95% | 32.83% |
Selling, General & Admin | $5.230M | $5.537M | $24.40M |
YoY Change | -28.16% | -17.58% | 18.32% |
% of Gross Profit | 62.33% | 144.09% | 65.73% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.207M | $1.466M | $4.038M |
YoY Change | 7.63% | -92.06% | -94.72% |
% of Gross Profit | 14.38% | 38.15% | 10.88% |
Operating Expenses | $26.56M | $26.89M | $119.4M |
YoY Change | 99.15% | 137.31% | 206.96% |
Operating Profit | -$2.031M | -$23.04M | -$6.303M |
YoY Change | -140.61% | -2695.85% | -185.59% |
Interest Expense | $4.569M | -$3.825M | $11.16M |
YoY Change | 94.59% | 176.49% | -313.06% |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$6.600M | $5.161M | -$3.003M |
YoY Change | -348.61% | -1140.93% | -174.01% |
Income Tax | -$1.302M | -$2.743M | -$16.64M |
% Of Pretax Income | -53.14% | ||
Net Earnings | -$5.298M | $5.941M | $13.63M |
YoY Change | -136.82% | 838.05% | 316.52% |
Net Earnings / Revenue | -21.59% | 27.75% | 12.06% |
Basic Earnings Per Share | -$0.22 | $0.45 | |
Diluted Earnings Per Share | -$0.22 | $0.26 | $0.44 |
COMMON SHARES | |||
Basic Shares Outstanding | 21.75M shares | 21.75M shares | 21.65M shares |
Diluted Shares Outstanding | 28.92M shares | 22.43M shares |
Balance Sheet
Concept | 2023 Q2 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $6.373M | $6.052M | $6.052M |
YoY Change | 27.75% | 18.79% | 18.79% |
Cash & Equivalents | $6.373M | $6.052M | |
Short-Term Investments | |||
Other Short-Term Assets | $27.67M | $35.16M | $35.16M |
YoY Change | -26.62% | -16.08% | -16.08% |
Inventory | |||
Prepaid Expenses | $3.069M | $3.489M | |
Receivables | $39.23M | $35.54M | |
Other Receivables | |||
Total Short-Term Assets | $98.38M | $109.7M | $109.7M |
YoY Change | 0.09% | 42.65% | 42.65% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $8.831M | $8.087M | $9.493M |
YoY Change | -6.05% | 3.13% | 21.07% |
Goodwill | |||
YoY Change | |||
Intangibles | $14.28M | $15.16M | |
YoY Change | 305592.52% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $15.30M | $13.95M | $13.95M |
YoY Change | 24.22% | 17879.58% | 17879.58% |
Total Long-Term Assets | $39.74M | $38.60M | $38.60M |
YoY Change | 82.95% | 387.5% | 387.5% |
TOTAL ASSETS | |||
Total Short-Term Assets | $98.38M | $109.7M | $109.7M |
Total Long-Term Assets | $39.74M | $38.60M | $38.60M |
Total Assets | $138.1M | $148.3M | $148.3M |
YoY Change | 15.09% | 74.84% | 74.84% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.005M | $6.512M | $6.512M |
YoY Change | -23.6% | -18.42% | -18.42% |
Accrued Expenses | $2.387M | $3.988M | $4.307M |
YoY Change | -50.04% | 33.49% | 21.59% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.427M | $1.409M | $1.409M |
YoY Change | 21.31% | 32.69% | 32.69% |
Total Short-Term Liabilities | $8.128M | $12.23M | $12.23M |
YoY Change | -31.09% | -2.85% | -2.85% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $101.2M | $94.76M | $94.76M |
YoY Change | 30.62% | 76.05% | 76.05% |
Other Long-Term Liabilities | $1.448M | $10.27M | $10.27M |
YoY Change | 712.63% | 1973.19% | 482.76% |
Total Long-Term Liabilities | $102.7M | $105.0M | $105.0M |
YoY Change | 57542.54% | 21110.37% | 88.94% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $8.128M | $12.23M | $12.23M |
Total Long-Term Liabilities | $102.7M | $105.0M | $105.0M |
Total Liabilities | $110.8M | $117.3M | $117.3M |
YoY Change | 21.58% | 70.76% | 70.76% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$37.12M | -$31.59M | |
YoY Change | 11.76% | -30.14% | |
Common Stock | $2.176K | $2.176K | |
YoY Change | 0.69% | 1.49% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $27.29M | $31.03M | $31.03M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $138.1M | $148.3M | $148.3M |
YoY Change | 15.09% | 74.84% | 74.84% |
Cashflow Statement
Concept | 2023 Q2 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$5.298M | $5.941M | $13.63M |
YoY Change | -136.82% | 838.05% | 316.52% |
Depreciation, Depletion And Amortization | $1.207M | $1.466M | $4.038M |
YoY Change | 7.63% | -92.06% | -94.72% |
Cash From Operating Activities | -$128.3K | -$3.691M | -$31.24M |
YoY Change | -98.91% | -70.27% | 177.51% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $1.535M | $2.063M | $6.498M |
YoY Change | -171.95% | -238.45% | -231.29% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $2.938M | $2.938M | |
YoY Change | |||
Cash From Investing Activities | -$1.535M | $875.2K | -$5.201M |
YoY Change | -28.05% | -158.73% | 5.07% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -1.827M | 3.234M | $37.52M |
YoY Change | -112.19% | -79.6% | 194.04% |
NET CHANGE | |||
Cash From Operating Activities | -128.3K | -3.691M | -$31.24M |
Cash From Investing Activities | -1.535M | 875.2K | -$5.201M |
Cash From Financing Activities | -1.827M | 3.234M | $37.52M |
Net Change In Cash | -3.491M | 417.2K | $1.079M |
YoY Change | -408.83% | -78.57% | -131.3% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$128.3K | -$3.691M | -$31.24M |
Capital Expenditures | $1.535M | $2.063M | $6.498M |
Free Cash Flow | -$1.663M | -$5.755M | -$37.74M |
YoY Change | -82.67% | -47.33% | 498.35% |
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CY2021 | us-gaap |
Other General Expense
OtherGeneralExpense
|
18265781 | usd |
CY2022 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
119359383 | usd |
CY2021 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
118061937 | usd |
CY2022 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6303210 | usd |
CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
7364819 | usd |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
1931825 | usd |
CY2022 | fpay |
Gain On Bargain Purchase Net Of Deferred Taxes
GainOnBargainPurchaseNetOfDeferredTaxes
|
14461274 | usd |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
11161396 | usd |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
5238560 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3003332 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
4058084 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-16635051 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
785310 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
13631719 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3272774 | usd |
CY2022 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
3730580 | usd |
CY2021 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
2439099 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
9901139 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
833675 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.45 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.04 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.44 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.04 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
21646896 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
21387960 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
22425354 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
23227964 | shares |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11154046 | usd |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
1125819 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
522808 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
68172 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3272774 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
16143619 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
997830 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
261505 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
13631719 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
31034673 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
13631719 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3272774 | usd |
CY2022 | us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
72556431 | usd |
CY2021 | us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
78669393 | usd |
CY2022 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
4769614 | usd |
CY2021 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
2875902 | usd |
CY2022 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
228843 | usd |
CY2021 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
220816 | usd |
CY2022 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
19747 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
997830 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1648627 | usd |
CY2022 | fpay |
Provisions For Doubtful Accounts
ProvisionsForDoubtfulAccounts
|
-57420480 | usd |
CY2021 | fpay |
Provisions For Doubtful Accounts
ProvisionsForDoubtfulAccounts
|
-40342618 | usd |
CY2022 | fpay |
Gain On Sale Of Lease Receivables
GainOnSaleOfLeaseReceivables
|
8821106 | usd |
CY2022 | fpay |
Interest In Kind Added To Promissory Notes Balance
InterestInKindAddedToPromissoryNotesBalance
|
155093 | usd |
CY2021 | fpay |
Interest In Kind Added To Promissory Notes Balance
InterestInKindAddedToPromissoryNotesBalance
|
9460 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-17282364 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
495166 | usd |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt Before Write Off Of Deferred Debt Issuance Cost
GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost
|
1931825 | usd |
CY2022 | fpay |
Gain On Bargain Purchase
GainOnBargainPurchase
|
14461274 | usd |
CY2022 | fpay |
Net Changes In The Fair Value Of Loans Receivable At Fair Value
NetChangesInTheFairValueOfLoansReceivableAtFairValue
|
9559979 | usd |
CY2021 | fpay |
Net Changes In The Fair Value Of Loans Receivable At Fair Value
NetChangesInTheFairValueOfLoansReceivableAtFairValue
|
-248984 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
76308475 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
56738233 | usd |
CY2022 | fpay |
Increase Decrease In Loans Receivable At Fair Value
IncreaseDecreaseInLoansReceivableAtFairValue
|
25612049 | usd |
CY2021 | fpay |
Increase Decrease In Loans Receivable At Fair Value
IncreaseDecreaseInLoansReceivableAtFairValue
|
3221679 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1665880 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
87394 | usd |
CY2022 | fpay |
Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
|
63164760 | usd |
CY2021 | fpay |
Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
|
76789165 | usd |
CY2022 | us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
-4956 | usd |
CY2021 | us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
-8338 | usd |
CY2022 | fpay |
Purchase Consideration Payable Related To Acquisition
PurchaseConsiderationPayableRelatedToAcquisition
|
164102 | usd |
CY2022 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-14488 | usd |
CY2021 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-5811 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1976844 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
74561 | usd |
CY2022 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-80258 | usd |
CY2021 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-165461 | usd |
CY2021 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
143940 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1009468 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
331542 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-31236936 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-11256031 | usd |
CY2022 | us-gaap |
Cash Acquired From Acquisition
CashAcquiredFromAcquisition
|
2938355 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6498115 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4065384 | usd |
CY2022 | fpay |
Purchases Of Data Costs
PurchasesOfDataCosts
|
1640885 | usd |
CY2021 | fpay |
Purchases Of Data Costs
PurchasesOfDataCosts
|
884160 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5200645 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4949544 | usd |
CY2022 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
36455000 | usd |
CY2021 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
19850000 | usd |
CY2022 | us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
5730000 | usd |
CY2021 | us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
6575000 | usd |
CY2022 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
166745 | usd |
CY2021 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
565273 | usd |
CY2022 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
261505 | usd |
CY2021 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
68172 | usd |
CY2022 | fpay |
Proceeds From Debt Instrument
ProceedsFromDebtInstrument
|
7000000 | usd |
CY2022 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
11184 | usd |
CY2021 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
7707 | usd |
CY2022 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
283266 | usd |
CY2022 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
9022 | usd |
CY2021 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
11207 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
37516288 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
12758985 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1078707 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-3446590 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5094642 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8541232 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6173349 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5094642 | usd |
CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
10289334 | usd |
CY2021 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
4945690 | usd |
CY2022 | fpay |
Acquisition Of Loan Receivables At Fair Value
AcquisitionOfLoanReceivablesAtFairValue
|
13320326 | usd |
CY2022 | fpay |
Acquisition Of Property And Equipment
AcquisitionOfPropertyAndEquipment
|
136249 | usd |
CY2022 | fpay |
Acquisition Of Intangible Assets
AcquisitionOfIntangibleAssets
|
15307894 | usd |
CY2022 | fpay |
Acquisition Of Purchase Consideration Payable Related To Acquisition
AcquisitionOfPurchaseConsiderationPayableRelatedToAcquisition
|
8539582 | usd |
CY2022 | fpay |
Acquisition Of Accounts Payable
AcquisitionOfAccountsPayable
|
506607 | usd |
CY2022 | fpay |
Acquisition Of Deferred Tax Liability
AcquisitionOfDeferredTaxLiability
|
4773370 | usd |
CY2022 | fpay |
Issuance Of Promissory Note Related To Acquisition
IssuanceOfPromissoryNoteRelatedToAcquisition
|
3421991 | usd |
CY2021 | fpay |
Lease Revenues And Fees
LeaseRevenuesAndFees
|
124505432 | usd |
CY2022 | us-gaap |
Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
|
38416 | usd |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Estimates -</b> The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6051713 | usd |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4986559 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
121636 | usd |
CY2021Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
108083 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
6173349 | usd |
CY2021Q4 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
5094642 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
48618843 | usd |
CY2021Q4 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
53176432 | usd |
CY2022Q4 | fpay |
Allowance For Doubtful Account Receivable
AllowanceForDoubtfulAccountReceivable
|
13078800 | usd |
CY2021Q4 | fpay |
Allowance For Doubtful Account Receivable
AllowanceForDoubtfulAccountReceivable
|
27703278 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
35540043 | usd |
CY2021Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
25473154 | usd |
CY2022 | fpay |
Accounts Receivable Charged Off Against Allowance
AccountsReceivableChargedOffAgainstAllowance
|
72044958 | usd |
CY2021 | fpay |
Accounts Receivable Charged Off Against Allowance
AccountsReceivableChargedOffAgainstAllowance
|
34777881 | usd |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
27703278 | usd |
CY2020Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
22138541 | usd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
57420480 | usd |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
40342618 | usd |
CY2022 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
72044958 | usd |
CY2021 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
34777881 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
13078800 | usd |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
27703278 | usd |
CY2021 | fpay |
Net Incomeloss Attributable To Common And Series1 Convertible Preferred Stock
NetIncomelossAttributableToCommonAndSeries1ConvertiblePreferredStock
|
-833675 | usd |
CY2022Q4 | fpay |
Lease Merchandise At Cost
LeaseMerchandiseAtCost
|
62379920 | usd |
CY2021Q4 | fpay |
Lease Merchandise At Cost
LeaseMerchandiseAtCost
|
72159063 | usd |
CY2022Q4 | fpay |
Impairment Reserve
ImpairmentReserve
|
30829479 | usd |
CY2021Q4 | fpay |
Impairment Reserve
ImpairmentReserve
|
31216951 | usd |
CY2022Q4 | fpay |
Lease Merchandise Net
LeaseMerchandiseNet
|
31550441 | usd |
CY2021Q4 | fpay |
Lease Merchandise Net
LeaseMerchandiseNet
|
40942112 | usd |
CY2022 | us-gaap |
Nonoperating Gains Losses
NonoperatingGainsLosses
|
9559979 | usd |
CY2021 | us-gaap |
Nonoperating Gains Losses
NonoperatingGainsLosses
|
248984 | usd |
CY2022 | us-gaap |
Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
|
154535446 | usd |
CY2021 | us-gaap |
Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
|
164848050 | usd |
CY2022 | us-gaap |
Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
|
57420480 | usd |
CY2021 | us-gaap |
Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
|
40342618 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
8821106 | usd |
CY2022 | fpay |
Lease Revenues And Fees
LeaseRevenuesAndFees
|
105936072 | usd |
CY2022 | fpay |
Interest Expense Debt Including Amortization
InterestExpenseDebtIncludingAmortization
|
227568 | usd |
CY2021 | fpay |
Interest Expense Debt Including Amortization
InterestExpenseDebtIncludingAmortization
|
213814 | usd |
CY2022 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P10Y | |
CY2022Q4 | us-gaap |
Intangible Assets Current
IntangibleAssetsCurrent
|
150505 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3076 | usd |
CY2022 | us-gaap |
Property Plant And Equipment Estimated Useful Lives
PropertyPlantAndEquipmentEstimatedUsefulLives
|
7 years | |
CY2022Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
4037936 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
2786109 | usd |
CY2022 | us-gaap |
Payments For Software
PaymentsForSoftware
|
5240437 | usd |
CY2021 | us-gaap |
Payments For Software
PaymentsForSoftware
|
2816939 | usd |
CY2021Q4 | us-gaap |
Capitalized Software Development Costs For Software Sold To Customers
CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers
|
4361 | usd |
CY2022 | us-gaap |
Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
|
2907435 | usd |
CY2021 | us-gaap |
Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
|
2317626 | usd |
CY2022 | fpay |
Net Income Attributables To Series1 Convertible Preferred Stock
NetIncomeAttributablesToSeries1ConvertiblePreferredStock
|
-140374 | usd |
CY2021 | fpay |
Net Income Attributables To Series1 Convertible Preferred Stock
NetIncomeAttributablesToSeries1ConvertiblePreferredStock
|
-34106 | usd |
CY2022 | us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
1640885 | usd |
CY2021 | us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
884160 | usd |
CY2022 | fpay |
Capitalized Data Costs Amortization Expense
CapitalizedDataCostsAmortizationExpense
|
581173 | usd |
CY2021 | fpay |
Capitalized Data Costs Amortization Expense
CapitalizedDataCostsAmortizationExpense
|
86717 | usd |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
13152568 | shares |
CY2021 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
11523917 | shares |
CY2022 | fpay |
Net Incomelosses
NetIncomelosses
|
-13631719 | usd |
CY2021 | fpay |
Net Incomelosses
NetIncomelosses
|
-3272774 | usd |
CY2022 | fpay |
Convertible Series2 Preferred Share Dividends
ConvertibleSeries2PreferredShareDividends
|
-3730580 | usd |
CY2021 | fpay |
Convertible Series2 Preferred Share Dividends
ConvertibleSeries2PreferredShareDividends
|
-2439099 | usd |
CY2022 | fpay |
Net Incomeloss Attributable To Common And Series1 Convertible Preferred Stock
NetIncomelossAttributableToCommonAndSeries1ConvertiblePreferredStock
|
-9901139 | usd |
CY2021 | us-gaap |
Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
|
25418 | usd |
CY2022 | fpay |
Net Incomeloss Attributable To Common Shares After Assumed Conversions Numerator For Diluted Eps
NetIncomelossAttributableToCommonSharesAfterAssumedConversionsNumeratorForDilutedEps
|
9799181 | usd |
CY2021 | fpay |
Net Incomeloss Attributable To Common Shares After Assumed Conversions Numerator For Diluted Eps
NetIncomelossAttributableToCommonSharesAfterAssumedConversionsNumeratorForDilutedEps
|
824987 | usd |
CY2022 | fpay |
Weighted Average Of Common Shares Outstanding Denominator For Basic Eps
WeightedAverageOfCommonSharesOutstandingDenominatorForBasicEPS
|
21646896 | shares |
CY2021 | fpay |
Weighted Average Of Common Shares Outstanding Denominator For Basic Eps
WeightedAverageOfCommonSharesOutstandingDenominatorForBasicEPS
|
21387960 | shares |
CY2022 | fpay |
Number Of Series One Convertible Preferred Stock
NumberOfSeriesOneConvertiblePreferredStock
|
225231 | usd |
CY2022 | fpay |
Common Stock Optionsin Shares
CommonStockOptionsinShares
|
351576 | shares |
CY2021 | fpay |
Common Stock Optionsin Shares
CommonStockOptionsinShares
|
978978 | shares |
CY2022 | fpay |
Common Stock Warrantsin Shares
CommonStockWarrantsinShares
|
201651 | shares |
CY2021 | fpay |
Common Stock Warrantsin Shares
CommonStockWarrantsinShares
|
861026 | shares |
CY2022 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
22425354 | shares |
CY2021 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
23227964 | shares |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.45 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.04 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.44 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.04 | |
CY2022Q4 | us-gaap |
Fair Value Option Loans Held As Assets90 Days Or More Past Due Aggregate Difference
FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference
|
203182 | usd |
CY2022Q4 | us-gaap |
Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status Aggregated Difference
FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatusAggregatedDifference
|
1841812 | usd |
CY2022Q4 | us-gaap |
Fair Value Option Loans Held As Assets Aggregate Difference
FairValueOptionLoansHeldAsAssetsAggregateDifference
|
6947224 | usd |
CY2022 | fpay |
Largest Benefit Percentage
LargestBenefitPercentage
|
0.50 | pure |
CY2022 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Reclassifications</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Certain prior year balances have been reclassified to conform with the current year presentation. These reclassifications primarily include separating the prepaid expenses, right of use asset and loan revenues and fees, net of changes in fair value as separate line items. </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | |
CY2022 | fpay |
Operating Leases Rent Expense Monthly Rent
OperatingLeasesRentExpenseMonthlyRent
|
2300 | usd |
CY2019Q1 | fpay |
Term Of Lease
TermOfLease
|
P108M | |
CY2019Q1 | us-gaap |
Area Of Land
AreaOfLand
|
21622 | sqm |
CY2019Q1 | fpay |
Conversion Of Stock Options Into Common Stock
ConversionOfStockOptionsIntoCommonStock
|
31500 | usd |
CY2019Q1 | us-gaap |
Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage
DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage
|
0.03 | pure |
CY2021Q3 | us-gaap |
Payments For Rent
PaymentsForRent
|
8800 | usd |
CY2022Q4 | fpay |
Total Lease Assets
TotalLeaseAssets
|
1406270 | usd |
CY2021Q4 | fpay |
Total Lease Assets
TotalLeaseAssets
|
1553330 | usd |
CY2022Q4 | fpay |
Total Lease Liabilities
TotalLeaseLiabilities
|
1774623 | usd |
CY2021Q4 | fpay |
Total Lease Liabilities
TotalLeaseLiabilities
|
1947355 | usd |
CY2022 | fpay |
Term Of Lease
TermOfLease
|
P12M | |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
389647 | usd |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
401463 | usd |
CY2022 | fpay |
Share Based Compensation Arrangement By Share Based Payment Award Options Aggregate Intrinsic Value Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAggregateIntrinsicValueGranted
|
usd | |
CY2022 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
405443 | usd |
CY2021 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
400771 | usd |
CY2022 | fpay |
Finance Lease Principal Payment
FinanceLeasePrincipalPayment
|
11184 | usd |
CY2021 | fpay |
Finance Lease Principal Payment
FinanceLeasePrincipalPayment
|
11184 | usd |
CY2022Q4 | fpay |
Operating Lease Future Minimum Payments Due Current
OperatingLeaseFutureMinimumPaymentsDueCurrent
|
417606 | usd |
CY2022Q4 | fpay |
Operating Lease Future Minimum Payments Due In Two Years
OperatingLeaseFutureMinimumPaymentsDueInTwoYears
|
430134 | usd |
CY2022Q4 | fpay |
Operating Lease Future Minimum Payments Due In Three Years
OperatingLeaseFutureMinimumPaymentsDueInThreeYears
|
443038 | usd |
CY2022Q4 | fpay |
Operating Lease Future Minimum Payments Due In Four Years
OperatingLeaseFutureMinimumPaymentsDueInFourYears
|
456330 | usd |
CY2022Q4 | fpay |
Operating Lease Future Minimum Payments Due In Five Years
OperatingLeaseFutureMinimumPaymentsDueInFiveYears
|
470019 | usd |
CY2022Q4 | fpay |
Operating Lease Future Minimum Payments Due Thereafter
OperatingLeaseFutureMinimumPaymentsDueThereafter
|
303574 | usd |
CY2022Q4 | fpay |
Operating Lease Future Minimum Payments Due
OperatingLeaseFutureMinimumPaymentsDue
|
2520701 | usd |
CY2022Q4 | fpay |
Interest
Interest
|
-759144 | usd |
CY2022Q4 | fpay |
Present Value Of Lease Liabilities
PresentValueOfLeaseLiabilities
|
1761557 | usd |
CY2022 | fpay |
Schedule Of Undiscounted Finance Lease Liabilities
ScheduleOfUndiscountedFinanceLeaseLiabilities
|
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Finance Leases</b></span></td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2023</span></td> <td style="width: 1%"> </td> <td style="width: 1%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$ </span></td> <td style="text-align: right; width: 9%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9,699</span></td> <td style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2024</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,782</span></td> <td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total undiscounted cash flows</span></td> <td> </td> <td> </td> <td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">14,481</span></td> <td> </td></tr> <tr style="vertical-align: bottom; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: interest</span></td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1,415</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Present value of lease liabilities</span></td> <td> </td> <td style="border-bottom: black 4.5pt double"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td> <td style="border-bottom: black 4.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">13,066</span></td> <td> </td></tr> </table> | |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
9699 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
4782 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
14481 | usd |
CY2022 | fpay |
Finance Leaseinterest
FinanceLeaseinterest
|
1415 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
13066 | usd |
CY2022 | fpay |
Principal Accrued Unpaid Interestoutstanding
PrincipalAccruedUnpaidInterestoutstanding
|
1017826 | usd |
CY2021 | fpay |
Principal Accrued Unpaid Interestoutstanding
PrincipalAccruedUnpaidInterestoutstanding
|
1011439 | usd |
CY2022 | us-gaap |
Interest Expense Related Party
InterestExpenseRelatedParty
|
196338 | usd |
CY2021 | us-gaap |
Interest Expense Related Party
InterestExpenseRelatedParty
|
148011 | usd |
CY2022 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
211349 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
24610028 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
17975664 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
16523166 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
12485230 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8086862 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5490434 | usd |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4037936 | usd |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2786109 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
15338654 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-176305 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
15162349 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
30760 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-25800 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
4960 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
150505 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3076 | usd |
CY2022 | fpay |
Description Of Notes Amended And Restated
DescriptionOfNotesAmendedAndRestated
|
This last amendment extended the maturity date from April 1, 2022 to July 1, 2024 and increased the credit commitment from $3,750,000 to $11,000,000. | |
CY2021Q1 | us-gaap |
Debt Instrument Fee Amount
DebtInstrumentFeeAmount
|
237000 | usd |
CY2022Q3 | fpay |
Loans Percentage
LoansPercentage
|
1 | pure |
CY2022Q3 | fpay |
Loans Percentage
LoansPercentage
|
1 | pure |
CY2022 | fpay |
Schedule Of Covenant Requirements And Flexshoppers Actual Results
ScheduleOfCovenantRequirementsAndFlexshoppersActualResults
|
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">December 31, 2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Required<br/> Covenant</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Actual <br/> Position</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left">Equity Book Value not less than</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">9,636,387</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">31,034,673</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Liquidity greater than</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,500,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,051,713</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Cash greater than</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">500,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,173,350</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Consolidated Total Debt to Equity Book Value ratio not to exceed</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5.25</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3.14</td><td style="text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | |
CY2022 | fpay |
Borrowed Credit Agreement
BorrowedCreditAgreement
|
36455000 | usd |
CY2021 | fpay |
Borrowed Credit Agreement
BorrowedCreditAgreement
|
19850000 | usd |
CY2022 | fpay |
Repaid Credit Agreement
RepaidCreditAgreement
|
5730000 | usd |
CY2021 | fpay |
Repaid Credit Agreement
RepaidCreditAgreement
|
6575000 | usd |
CY2022 | fpay |
Credit Agreement Interest Rate
CreditAgreementInterestRate
|
0.04 | pure |
CY2020Q3 | fpay |
Warrant Exercise Price
WarrantExercisePrice
|
1.6 | |
CY2020Q3 | fpay |
Warrants Expiration Period
WarrantsExpirationPeriod
|
P4Y | |
CY2022 | fpay |
Warrants Granted
WarrantsGranted
|
320000 | shares |
CY2022 | fpay |
Issuance Of Shares And Warrants In Eauity Raise Value
IssuanceOfSharesAndWarrantsInEauityRaiseValue
|
522808 | usd |
CY2022Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
1.63 | |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.85 | |
CY2022 | fpay |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercised Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedIntrinsicValue
|
480029 | usd |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
7333 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
2.22 | |
CY2022Q4 | fpay |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeited Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedIntrinsicValue
|
2273 | usd |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
25000 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
1.7 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3919228 | shares |
CY2022 | fpay |
Warrant Convertible Into Common Stock
WarrantConvertibleIntoCommonStock
|
116903 | shares |
CY2022 | fpay |
Stock Options
StockOptions
|
997830 | usd |
CY2021 | fpay |
Stock Options
StockOptions
|
1125819 | usd |
CY2022 | fpay |
Total Stockbased Compensation
TotalStockbasedCompensation
|
997830 | usd |
CY2021 | fpay |
Total Stockbased Compensation
TotalStockbasedCompensation
|
1125819 | usd |
CY2022 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
997830 | usd |
CY2021 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1125819 | usd |
CY2022Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
860070 | usd |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P2Y5M15D | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3080904 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.06 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
1923642 | usd |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
1179183 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.45 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
308526 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.97 | |
CY2022 | fpay |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm2
|
P6Y9M10D | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
52223 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
3152169 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
2.02 | |
CY2022 | fpay |
Sharebased Compensation Arrangement By Sharebased Payment Award Option Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term3
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm3
|
P6Y6M7D | |
CY2022Q4 | fpay |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Exercisable Aggregate Intrinsic Value1
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExercisableAggregateIntrinsicValue1
|
52223 | usd |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2595700 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.92 | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
2491026 | usd |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
626238 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
2.52 | |
CY2021 | fpay |
Share Based Compensation Arrangement By Share Based Payment Award Options Aggregate Intrinsic Value Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAggregateIntrinsicValueGranted
|
74482 | usd |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
82333 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.83 | |
CY2021 | fpay |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercised Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedIntrinsicValue
|
151544 | usd |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
58701 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
2.65 | |
CY2021Q4 | fpay |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeited Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedIntrinsicValue
|
58285 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3080904 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.06 | |
CY2021 | fpay |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm2
|
P6Y8M19D | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
1923642 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
2307571 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
2.04 | |
CY2021 | fpay |
Sharebased Compensation Arrangement By Sharebased Payment Award Option Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term3
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm3
|
P6Y10M13D | |
CY2021Q4 | fpay |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Exercisable Aggregate Intrinsic Value1
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExercisableAggregateIntrinsicValue1
|
1674967 | usd |
CY2022 | fpay |
Weighted Average Grant Fair Value
WeightedAverageGrantFairValue
|
0.9 | |
CY2021 | fpay |
Weighted Average Grant Fair Value
WeightedAverageGrantFairValue
|
1.75 | |
CY2022 | fpay |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod1
|
790327 | shares |
CY2022 | fpay |
Weighted Average Grant Date Fair Value Granted
WeightedAverageGrantDateFairValueGranted
|
P1Y6M10D | |
CY2022 | fpay |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number1
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber1
|
790327 | shares |
CY2022 | fpay |
Weighted Average Grant Date Fair Value Non Vested1
WeightedAverageGrantDateFairValueNonVested1
|
P1Y6M10D | |
CY2022 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-630700 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
852198 | usd |
CY2022 | us-gaap |
Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
|
-736962 | usd |
CY2021 | us-gaap |
Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
|
-487093 | usd |
CY2022 | fpay |
Tax Impact On Gain On Bargain Purchase
TaxImpactOnGainOnBargainPurchase
|
-3036868 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
123933 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-259967 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
7862 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
59168 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-12525690 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
614112 | usd |
CY2022 | fpay |
Benefit Income Other
BenefitIncomeOther
|
163374 | usd |
CY2021 | fpay |
Benefit Income Other
BenefitIncomeOther
|
6892 | usd |
CY2022 | us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
-16635051 | usd |
CY2021 | us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
785310 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
428111 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
479956 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
3240968 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
6847189 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
-9153508 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
-8085957 | usd |
CY2022 | us-gaap |
Impairment Of Leasehold
ImpairmentOfLeasehold
|
989120 | usd |
CY2021 | us-gaap |
Impairment Of Leasehold
ImpairmentOfLeasehold
|
423022 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
439758 | usd |
CY2021Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
481312 | usd |
CY2022Q4 | fpay |
Deferred Tax Assets Tax Right Of Use Asset
DeferredTaxAssetsTaxRightOfUseAsset
|
-348478 | usd |
CY2021Q4 | fpay |
Deferred Tax Assets Tax Right Of Use Asset
DeferredTaxAssetsTaxRightOfUseAsset
|
-383924 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
16962 | usd |
CY2022Q4 | us-gaap |
Fair Value Concentration Of Risk Loans Receivable
FairValueConcentrationOfRiskLoansReceivable
|
2264813 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
32394 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
32394 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
|
2703639 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
|
12304134 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
|
11838840 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Other
DeferredTaxAssetsTaxCreditCarryforwardsOther
|
3860104 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Other
DeferredTaxAssetsTaxCreditCarryforwardsOther
|
343914 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
4730265 | usd |
CY2021Q4 | fpay |
Deferredtaxother
Deferredtaxother
|
-53414 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
12013828 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
11923332 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
12418498 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
-12013828 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
495166 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
58591117 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
8153233 | usd |
CY2022 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
754505 | usd |
CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
290144 | usd |
CY2022 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-13439360 | usd |
CY2021 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
495166 | usd |
CY2022 | us-gaap |
Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
|
-3950196 | usd |
CY2022 | us-gaap |
Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
|
-16635051 | usd |
CY2021 | us-gaap |
Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
|
785310 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022 | us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>11. CONTINGENCIES AND OTHER UNCERTAINTIES</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 8pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Regulatory inquiries</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 8pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In the first quarter of 2021, FlexShopper, along with a number of other lease-to-own companies, received a subpoena from the California Department of Financial Protection and Innovation (the “DFPI”) requesting the production of documents and information regarding the Company’s compliance with state consumer protection laws. The Company is cooperatively engaging with the DFPI in response to its inquiry. Although the Company believes it is in compliance with all applicable consumer protection laws and regulations in California, this inquiry ultimately could lead to an enforcement action and/or a consent order, and substantial costs, including legal fees, fines, penalties, and remediation expenses.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 8pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Litigation</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 8pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company is not involved in any current or pending material litigation. The Company could be involved in litigation incidental to the operation of the business. The Company intends to vigorously defend all matters in which the Company is named defendants, and, for insurable losses, maintain significant levels of insurance to protect against adverse judgments, claims or assessments that may affect the Company. Although the adequacy of existing insurance coverage of the outcome of any legal proceedings cannot be predicted with certainty, based on the current information available, the Company does not believe the ultimate liability associated with known claims or litigation, if any, in which the Company is involved will materially affect the Company’s consolidated financial condition or results of operations.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 8pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Employment agreements</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 8pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Certain executive management entered into employment agreements with the Company. The contracts are for a period of three years and renew for three successive one-year terms unless receipt of written notices by the parties. The contracts provide that such management may earn discretionary cash bonuses and equity awards, based on financial performance metrics defined each year by the Compensation Committee of the Company’s Board of Directors. Additionally, under certain termination conditions, such contracts provide for severance payments and other benefits.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 8pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>COVID-19 and other similar health crisis</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 8pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has been, and may in the future, be impacted by COVID-19 or any similar pandemic or health crisis, and this could affect our results of operations, financial condition, or cash flow in the future. The extent and the effects of the impact of any of these events on the operation and financial performance of our business depend on several factors which are highly uncertain and cannot be predicted.</p> | |
CY2022 | us-gaap |
Derivative Term Of Contract
DerivativeTermOfContract
|
P3Y | |
CY2020Q2 | us-gaap |
Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
|
1914100 | usd |
CY2022 | us-gaap |
Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
|
The Note matured on April 30, 2022 and bore interest at the rate of 1.00% per annum, payable monthly commencing on November 30, 2020, following an initial deferral period as specified under the PPP. | |
CY2021 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
usd | |
CY2022 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
usd | |
CY2022Q4 | fpay |
Revolution Transaction Description
RevolutionTransactionDescription
|
In consideration for the sale of the Revolution net assets, the Company issued an adjustable promissory note (“Seller Note”) with an initial principal amount of $5,000,000. The Seller Note matures on December 1, 2027, bears interest at 8% per annum and is subject to adjustment based upon the pre-tax net income of the acquired business in 2023. | |
CY2022 | us-gaap |
Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
|
3421991 | usd |
CY2022Q4 | fpay |
Promissory Note Related To Acquisition
PromissoryNoteRelatedToAcquisition
|
1165027 | usd |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
|
2938355 | usd |
CY2022Q4 | us-gaap |
Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
|
13320326 | usd |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
|
136249 | usd |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Indefinite Lived Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets
|
15307894 | usd |
CY2022Q4 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group Current Other
AssetsHeldForSaleNotPartOfDisposalGroupCurrentOther
|
31702824 | usd |
CY2022Q4 | fpay |
Revolution Credit Facility
RevolutionCreditFacility
|
-8539582 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
506607 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
4773370 | usd |
CY2022Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
13819559 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
17883265 | usd |
CY2022Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
3421991 | usd |
CY2022 | us-gaap |
Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
|
3421991 | usd |
CY2022 | fpay |
Business Combination Bargain Price
BusinessCombinationBargainPrice
|
14461274 | usd |
CY2022 | us-gaap |
Multiemployer Plan Pension Significant Employer Contribution Under Collective Bargaining Arrangement To Total Employer Contribution Percentage
MultiemployerPlanPensionSignificantEmployerContributionUnderCollectiveBargainingArrangementToTotalEmployerContributionPercentage
|
0.04 | pure |
CY2022Q4 | us-gaap |
Defined Benefit Plan Expected Future Employer Contributions Current Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsCurrentFiscalYear
|
145161 | usd |
CY2021Q4 | us-gaap |
Defined Benefit Plan Expected Future Employer Contributions Current Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsCurrentFiscalYear
|
181328 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | |
CY2021 | fpay |
Gain On Bargain Purchase Net Of Deferred Taxes
GainOnBargainPurchaseNetOfDeferredTaxes
|
usd | |
CY2021 | fpay |
Gain On Sale Of Lease Receivables
GainOnSaleOfLeaseReceivables
|
usd | |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt Before Write Off Of Deferred Debt Issuance Cost
GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost
|
usd | |
CY2021 | fpay |
Gain On Bargain Purchase
GainOnBargainPurchase
|
usd | |
CY2021 | us-gaap |
Cash Acquired From Acquisition
CashAcquiredFromAcquisition
|
usd | |
CY2021 | fpay |
Proceeds From Debt Instrument
ProceedsFromDebtInstrument
|
usd | |
CY2021 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
usd | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
usd | |
CY2022Q4 | fpay |
Share Based Compensation Arrangement By Shares Based Payment Award Options Vested And Expected To Vest Outstanding Number1
ShareBasedCompensationArrangementBySharesBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber1
|
shares | |
CY2022Q4 | fpay |
Share Based Compensation Arrangement By Shares Based Payments Award Options Vested And Expected To Vest Outstanding Number1
ShareBasedCompensationArrangementBySharesBasedPaymentsAwardOptionsVestedAndExpectedToVestOutstandingNumber1
|
shares | |
CY2022 | fpay |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod1
|
shares | |
CY2022 | fpay |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod1
|
shares | |
CY2022 | fpay |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod1
|
shares | |
CY2022 | fpay |
Share Based Compensation Arrangement By Share Based Payments Award Equity Instruments Other Than Options Vested In Period1
ShareBasedCompensationArrangementByShareBasedPaymentsAwardEquityInstrumentsOtherThanOptionsVestedInPeriod1
|
shares | |
CY2021 | fpay |
Tax Impact On Gain On Bargain Purchase
TaxImpactOnGainOnBargainPurchase
|
usd | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
usd | |
CY2021Q4 | us-gaap |
Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
|
usd | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
usd | |
CY2022 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
usd | |
CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
usd | |
CY2021 | us-gaap |
Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
|
usd | |
CY2022 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2022 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2022 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001397047 |