Paid Inc (OTC: PAYD) is a technology and e-commerce services company that operates web-based platforms including a Canadian shipping services business through its ShipTime Canada Inc. subsidiary. The company generates revenue from software and services sold to businesses, with operations dependent on third-party internet, telecom, and delivery infrastructure hosted via cloud-based systems. PAYD was incorporated in Delaware on August 9, 1995 and trades on the over-the-counter market. The company has disclosed going-concern-adjacent risks, noting that its ability to maintain positive cash flow and reach profitability could be thwarted by inability to sell products and services to sufficient customers, higher-than-anticipated costs, or failure to complete core product development. As of the 10-K filed March 31, 2026 covering fiscal year ended December 31, 2025, specific revenue figures, segment breakdowns, and customer counts were not disclosed in the available filing excerpts.

Revenue model

Revenue is derived from web-based software products and services, including Canadian shipping-related services through ShipTime Canada Inc. Contract liabilities appear on the balance sheet, suggesting some portion of revenue involves prepaid or subscription-type arrangements, though specific pricing model details are not disclosed in the available filing excerpts.

Products and services

The company operates multiple websites and offers software-based products and services. ShipTime Canada Inc. provides shipping services to Canadian sellers. The company licenses technology and databases from third parties as components of its product offerings.

Customers and end markets

The company targets businesses using its web-based platforms, with Canadian sellers referenced as a specific customer segment in its marketing channels. No customer concentration data or specific customer counts are disclosed in the available filing excerpts.

Value-chain role

PAYD acts as a software and services intermediary, relying on third-party internet service providers, cloud hosting, hardware suppliers, and technology licensors to deliver its products. It does not control its supply chain and has no disclosed long-term agreements with key third-party providers.

Geographic exposure

The company operates in the United States and Canada. ShipTime Canada Inc. represents its Canadian operating subsidiary. The filing references the global nature of internet operations as a factor in intellectual property enforcement risk.

Source: SEC 10-K, filed 2026-03-31

Industry: Services-Business Services, NEC Peers: Auddia Inc BTCS Inc Symbolic Logic, Inc. GSE SYSTEMS INC Salesforce Inc springBig Holdings Inc