$PAYD
Paid Inc Stock $payd

$payd Overview Financials Valuation SEC Filings Company Website

2011 Form 10-K Financial Statement

#000101765512000025 Filed on May 15, 2012

Income Statement

Concept	2011	2010 Q4	2010
Revenue	$6.921M	$740.0K	$7.195M
YoY Change	-3.81%	12.12%	52.24%
Cost Of Revenue	$4.596M	$490.0K	$5.034M
YoY Change	-8.7%	-57.39%	53.95%
Gross Profit	$2.325M	$240.0K	$2.161M
YoY Change	7.58%	-148.98%	48.4%
Gross Profit Margin	33.6%	32.43%	30.04%
Selling, General & Admin	$6.310M
YoY Change
% of Gross Profit	271.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$40.60K	$10.00K	$26.90K
YoY Change	50.93%	0.0%	46.99%
% of Gross Profit	1.75%	4.17%	1.24%
Operating Expenses	$6.313M	$1.620M	$5.467M
YoY Change	15.47%	21.8%	8.94%
Operating Profit	-$3.988M	-$1.380M	-$3.306M
YoY Change	20.62%	-24.18%	-7.19%
Interest Expense	$2.800K	$0.00	$600.00
YoY Change	366.67%		-76.0%
% of Operating Profit
Other Income/Expense, Net	$20.00K	$0.00	$0.00
YoY Change		-100.0%	-100.0%
Pretax Income	-$3.974M	-$1.370M	-$3.307M
YoY Change	20.18%	-21.71%	-5.09%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$3.974M	-$1.370M	-$3.307M
YoY Change	20.18%	-21.71%	-5.09%
Net Earnings / Revenue	-57.43%	-185.14%	-45.96%
Basic Earnings Per Share	-$0.01		-$0.01
Diluted Earnings Per Share	-$6.729M	-$2.404M	-$6.018M
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept	2011	2010 Q4	2010
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.200M	$750.0K	$750.0K
YoY Change	60.0%	2.74%	2.74%
Cash & Equivalents	$1.000M	$747.2K	$750.0K
Short-Term Investments	$210.0K	$0.00	$0.00
Other Short-Term Assets	$1.100M	$1.070M	$1.070M
YoY Change	2.8%	11.46%	105.77%
Inventory	$880.0K	$1.053M	$1.050M
Prepaid Expenses		$112.6K
Receivables	$190.0K	$303.9K	$300.0K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$3.370M	$3.176M	$3.180M
YoY Change	5.97%	8.26%	8.53%
LONG-TERM ASSETS
Property, Plant & Equipment	$90.00K	$71.80K	$70.00K
YoY Change	28.57%	77.28%	75.0%
Goodwill
YoY Change
Intangibles		$8.000K
YoY Change		-11.11%
Long-Term Investments
YoY Change
Other Assets	$1.470M	$0.00	$0.00
YoY Change
Total Long-Term Assets	$1.560M	$79.80K	$80.00K
YoY Change	1850.0%	61.21%	60.0%
TOTAL ASSETS
Total Short-Term Assets	$3.370M	$3.176M	$3.180M
Total Long-Term Assets	$1.560M	$79.80K	$80.00K
Total Assets	$4.930M	$3.256M	$3.260M
YoY Change	51.23%	9.14%	9.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$490.0K	$290.0K	$290.0K
YoY Change	68.97%	81.25%	81.25%
Accrued Expenses	$1.330M	$470.0K	$470.0K
YoY Change	182.98%	-20.34%	-20.34%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$10.00K	$10.00K	$10.00K
YoY Change	0.0%
Total Short-Term Liabilities	$2.140M	$933.6K	$930.0K
YoY Change	130.11%	-0.98%	-1.06%
LONG-TERM LIABILITIES
Long-Term Debt	$20.00K	$10.00K	$10.00K
YoY Change	100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$20.00K	$10.00K	$10.00K
YoY Change	100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.140M	$933.6K	$930.0K
Total Long-Term Liabilities	$20.00K	$10.00K	$10.00K
Total Liabilities	$2.160M	$940.0K	$940.0K
YoY Change	129.79%	0.0%	0.0%
SHAREHOLDERS EQUITY
Retained Earnings		-$42.84M
YoY Change		8.37%
Common Stock		$286.5K
YoY Change		6.82%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.770M	$2.312M	$2.310M
YoY Change
Total Liabilities & Shareholders Equity	$4.930M	$3.256M	$3.260M
YoY Change	51.23%	9.14%	9.4%

Cashflow Statement

Concept	2011	2010 Q4	2010
OPERATING ACTIVITIES
Net Income	-$3.974M	-$1.370M	-$3.307M
YoY Change	20.18%	-21.71%	-5.09%
Depreciation, Depletion And Amortization	$40.60K	$10.00K	$26.90K
YoY Change	50.93%	0.0%	46.99%
Cash From Operating Activities	$288.6K	-$90.00K	$57.30K
YoY Change	403.66%	-91.43%	-111.17%
INVESTING ACTIVITIES
Capital Expenditures	-$28.50K	-$10.00K	-$38.90K
YoY Change	-26.74%	0.0%	44.61%
Acquisitions
YoY Change
Other Investing Activities	$0.00		$0.00
YoY Change			-100.0%
Cash From Investing Activities	-$30.00K	-$10.00K	-$60.00K
YoY Change	-50.0%	0.0%	100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$0.00		$0.00
YoY Change			-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$11.40K	-380.0K	-$1.500K
YoY Change	660.0%	-146.34%	-100.13%
NET CHANGE
Cash From Operating Activities	$288.6K	-90.00K	$57.30K
Cash From Investing Activities	-30.00K	-10.00K	-60.00K
Cash From Financing Activities	-$11.40K	-380.0K	-$1.500K
Net Change In Cash	$277.2K	-480.0K	$55.80K
YoY Change	396.77%	100.0%	-91.42%
FREE CASH FLOW
Cash From Operating Activities	$288.6K	-$90.00K	$57.30K
Capital Expenditures	-$28.50K	-$10.00K	-$38.90K
Free Cash Flow	$317.1K	-$80.00K	$96.20K
YoY Change	229.63%	-92.31%	-119.8%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2011Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	491400	USD
CY2010Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	292500	USD
CY2009Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	159700	USD
CY2009Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	182300	USD
CY2010Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	303900	USD
CY2011Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	194300	USD
CY2009Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	592300	USD
CY2011Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	1332500	USD
CY2010Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	470000	USD
CY2010Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	44861100	USD
CY2011Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	49273300	USD
CY2009Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	41371000	USD
CY2011Q4	us-gaap	Assets Assets	4934300	USD
CY2010Q4	us-gaap	Assets Assets	3255800	USD
CY2009Q4	us-gaap	Assets Assets	2983100	USD
CY2010Q4	us-gaap	Assets Current AssetsCurrent	3176000	USD
CY2011Q4	us-gaap	Assets Current AssetsCurrent	3368200	USD
CY2009Q4	us-gaap	Assets Current AssetsCurrent	2933600	USD
CY2009	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	0	USD
CY2010	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	18300	USD
CY2011	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	30400	USD
CY2010Q4	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	6500	USD
CY2009Q4	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	0	USD
CY2011Q4	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	13800	USD
CY2011Q4	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	21000	USD
CY2010Q4	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	10300	USD
CY2009Q4	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	0	USD
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	747300	USD
CY2009Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	730400	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	996000	USD
CY2008Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	106900	USD
CY2010	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	16900	USD
CY2011	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	248700	USD
CY2009	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	623500	USD
CY2010Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2011Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2010Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2011Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2009Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2010Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	350000000	shares
CY2011Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	350000000	shares
CY2009Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	350000000	shares
CY2011Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	308736705	shares
CY2010Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	286449511	shares
CY2009Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	268174642	shares
CY2009Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	268174642	shares
CY2010Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	286449511	shares
CY2011Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	308736705	shares
CY2010Q4	us-gaap	Common Stock Shares Subscriptions CommonStockSharesSubscriptions	0	USD
CY2009Q4	us-gaap	Common Stock Shares Subscriptions CommonStockSharesSubscriptions	-70000	USD
CY2011Q4	us-gaap	Common Stock Shares Subscriptions CommonStockSharesSubscriptions	0	USD
CY2010Q4	us-gaap	Common Stock Value CommonStockValue	286500	USD
CY2009Q4	us-gaap	Common Stock Value CommonStockValue	268200	USD
CY2011Q4	us-gaap	Common Stock Value CommonStockValue	308800	USD
CY2009	us-gaap	Cost Of Revenue CostOfRevenue	3269700	USD
CY2010	us-gaap	Cost Of Revenue CostOfRevenue	5033600	USD
CY2011	us-gaap	Cost Of Revenue CostOfRevenue	4595500	USD
CY2010	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2009	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2009Q4	us-gaap	Deferred Revenue DeferredRevenue	190800	USD
CY2011Q4	us-gaap	Deferred Revenue DeferredRevenue	303400	USD
CY2010Q4	us-gaap	Deferred Revenue DeferredRevenue	164600	USD
CY2009	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	18300	USD
CY2011	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	40600	USD
CY2010	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	26900	USD
CY2011Q4	us-gaap	Due From Employees DueFromEmployees	0	USD
CY2009Q4	us-gaap	Due From Employees DueFromEmployees	19600	USD
CY2010Q4	us-gaap	Due From Employees DueFromEmployees	0	USD
CY2011	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2009	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	0	USD
CY2010	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	0	USD
CY2011	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	63300	USD
CY2010	us-gaap	Gross Profit GrossProfit	2161100	USD
CY2009	us-gaap	Gross Profit GrossProfit	1456300	USD
CY2011	us-gaap	Gross Profit GrossProfit	2325000	USD
CY2009	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-3484300	USD
CY2011	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-3974200	USD
CY2010	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-3306800	USD
CY2009	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2011	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2010	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	9800	USD
CY2011	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-50800	USD
CY2009	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	138300	USD
CY2009	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-58000	USD
CY2010	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-425900	USD
CY2011	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	209700	USD
CY2010	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2011	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	USD
CY2009	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	USD
CY2009	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-239700	USD
CY2010	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	132800	USD
CY2011	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	198900	USD
CY2010	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	144200	USD
CY2009	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	199500	USD
CY2011	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-86300	USD
CY2011	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	356700	USD
CY2010	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-122400	USD
CY2009	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	97200	USD
CY2009	us-gaap	Increase Decrease In Customer Advances IncreaseDecreaseInCustomerAdvances	-148900	USD
CY2010	us-gaap	Increase Decrease In Customer Advances IncreaseDecreaseInCustomerAdvances	-519900	USD
CY2011	us-gaap	Increase Decrease In Customer Advances IncreaseDecreaseInCustomerAdvances	437600	USD
CY2010	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-26100	USD
CY2009	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	71100	USD
CY2011	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	138800	USD
CY2011Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	7100	USD
CY2010Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	8000	USD
CY2009Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	9000	USD
CY2011	us-gaap	Interest And Other Income InterestAndOtherIncome	13900	USD
CY2010	us-gaap	Interest And Other Income InterestAndOtherIncome	-500	USD
CY2009	us-gaap	Interest And Other Income InterestAndOtherIncome	78000	USD
CY2011	us-gaap	Interest Expense InterestExpense	2800	USD
CY2010	us-gaap	Interest Expense InterestExpense	600	USD
CY2009	us-gaap	Interest Expense InterestExpense	2500	USD
CY2011	us-gaap	Interest Paid InterestPaid	2000	USD
CY2010	us-gaap	Interest Paid InterestPaid	600	USD
CY2009	us-gaap	Interest Paid InterestPaid	0	USD
CY2011	us-gaap	Inventory Lifo Reserve Period Charge InventoryLIFOReservePeriodCharge	125000	USD
CY2009	us-gaap	Inventory Lifo Reserve Period Charge InventoryLIFOReservePeriodCharge	112500	USD
CY2010	us-gaap	Inventory Lifo Reserve Period Charge InventoryLIFOReservePeriodCharge	0	USD
CY2009Q4	us-gaap	Inventory Net InventoryNet	1042700	USD
CY2010	us-gaap	Operating Expenses OperatingExpenses	5467400	USD
CY2009	us-gaap	Operating Expenses OperatingExpenses	5018600	USD
CY2010Q4	us-gaap	Inventory Net InventoryNet	1052500	USD
CY2011Q4	us-gaap	Inventory Net InventoryNet	876700	USD
CY2009Q4	us-gaap	Investments Investments	0	USD
CY2010Q4	us-gaap	Investments Investments	0	USD
CY2011Q4	us-gaap	Investments Investments	205000	USD
CY2011	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims	1693900	USD
CY2010	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims	2383000	USD
CY2009	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims	2555800	USD
CY2010Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3255800	USD
CY2009Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2983100	USD
CY2011Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4934300	USD
CY2011Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2141100	USD
CY2010Q4	us-gaap	Liabilities Current LiabilitiesCurrent	933600	USD
CY2009Q4	us-gaap	Liabilities Current LiabilitiesCurrent	942800	USD
CY2009	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1163200	USD
CY2010	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1500	USD
CY2011	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-11400	USD
CY2010	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	57300	USD
CY2009	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-512800	USD
CY2011	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	288600	USD
CY2011	us-gaap	Net Income Loss NetIncomeLoss	-3974200	USD
CY2010	us-gaap	Net Income Loss NetIncomeLoss	-3306800	USD
CY2009	us-gaap	Net Income Loss NetIncomeLoss	-3484300	USD
CY2011	us-gaap	Operating Expenses OperatingExpenses	6313100	USD
CY2011	us-gaap	Operating Income Loss OperatingIncomeLoss	-3988100	USD
CY2009	us-gaap	Operating Income Loss OperatingIncomeLoss	-3562300	USD
CY2010	us-gaap	Operating Income Loss OperatingIncomeLoss	-3306300	USD
CY2010	us-gaap	Other Income OtherIncome	100	USD
CY2009	us-gaap	Other Income OtherIncome	80500	USD
CY2011	us-gaap	Other Income OtherIncome	16700	USD
CY2010	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
CY2010Q4	us-gaap	Prepaid Royalties PrepaidRoyalties	959700	USD
CY2009Q4	us-gaap	Prepaid Royalties PrepaidRoyalties	439900	USD
CY2009	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	925000	USD
CY2011	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
CY2010	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	0	USD
CY2011	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	0	USD
CY2009	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-158200	USD
CY2010	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	0	USD
CY2011	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	0	USD
CY2009	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	-26900	USD
CY2011	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	-28500	USD
CY2010	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	-38900	USD
CY2010Q4	us-gaap	Prepaid Expense And Other Assets Noncurrent PrepaidExpenseAndOtherAssetsNoncurrent	0	USD
CY2011Q4	us-gaap	Prepaid Expense And Other Assets Noncurrent PrepaidExpenseAndOtherAssetsNoncurrent	1468000	USD
CY2009Q4	us-gaap	Prepaid Expense And Other Assets Noncurrent PrepaidExpenseAndOtherAssetsNoncurrent	0	USD
CY2011Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	574100	USD
CY2010Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	112600	USD
CY2009Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	518700	USD
CY2011Q4	us-gaap	Prepaid Royalties PrepaidRoyalties	522100	USD
CY2009	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	80000	USD
CY2009	us-gaap	Proceeds From Other Equity ProceedsFromOtherEquity	158200	USD
CY2011	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	1000	USD
CY2010	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	USD
CY2009	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	USD
CY2009	us-gaap	Proceeds From Warrant Exercises ProceedsFromWarrantExercises	80000	USD
CY2010Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	71800	USD
CY2009Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	40500	USD
CY2010	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-288900	USD
CY2011	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-526600	USD
CY2011	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	526600	USD
CY2010	us-gaap	Revenues Revenues	7194700	USD
CY2009	us-gaap	Revenues Revenues	4726000	USD
CY2011Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	91000	USD
CY2009	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
CY2011	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	23300	USD
CY2010	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	22500	USD
CY2010	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	1500	USD
CY2009	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	0	USD
CY2011	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	12400	USD
CY2009Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-39528900	USD
CY2010Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-42835700	USD
CY2011Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-46809900	USD
CY2011	us-gaap	Revenues Revenues	6920500	USD
CY2011	us-gaap	Share Based Compensation ShareBasedCompensation	699900	USD
CY2010	us-gaap	Share Based Compensation ShareBasedCompensation	452000	USD
CY2009	us-gaap	Share Based Compensation ShareBasedCompensation	453000	USD
CY2011	us-gaap	Stock Issued1 StockIssued1	1277400	USD
CY2009	us-gaap	Stock Issued1 StockIssued1	1346200	USD
CY2011	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	0	USD
CY2010	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	0	USD
CY2009	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	421200	USD
CY2009	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	0	USD
CY2010	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	0	USD
CY2011	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	1277400	USD
CY2009	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-282000	USD
CY2010	paid	Payments Received In Common Stock PaymentsReceivedInCommonStock	0	USD
CY2009	paid	Payments Received In Common Stock PaymentsReceivedInCommonStock	0	USD
CY2011	paid	Payments Received In Common Stock PaymentsReceivedInCommonStock	125000	USD
CY2011	paid	Proceeds From Stock Option Exercise In Lieu Of Payroll ProceedsFromStockOptionExerciseInLieuOfPayroll	236700	USD
CY2009	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	282000	USD
CY2010	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	288900	USD
CY2010Q4	us-gaap	Stockholders Equity StockholdersEquity	2311900	USD
CY2009Q4	us-gaap	Stockholders Equity StockholdersEquity	2040300	USD
CY2011Q4	us-gaap	Stockholders Equity StockholdersEquity	2772200	USD
CY2008Q4	us-gaap	Stockholders Equity StockholdersEquity	599300	USD
CY2011	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	80000	USD
CY2010	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	0	USD
CY2009	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	0	USD
CY2010	paid	Payment Of Stock Option Exercise Received As Compensation PaymentOfStockOptionExerciseReceivedAsCompensation	384500	USD
CY2009	paid	Payment Of Stock Option Exercise Received As Compensation PaymentOfStockOptionExerciseReceivedAsCompensation	0	USD
CY2011	paid	Payment Of Stock Option Exercise Received As Compensation PaymentOfStockOptionExerciseReceivedAsCompensation	235800	USD
CY2010	paid	Stock Issued For Services Less Options Issued Elsewhere StockIssuedForServicesLessOptionsIssuedElsewhere	384500	USD
CY2009	paid	Stock Issued For Services Less Options Issued Elsewhere StockIssuedForServicesLessOptionsIssuedElsewhere	2481500	USD
CY2009	paid	Stock Options Granted For Services Received StockOptionsGrantedForServicesReceived	74400	USD
CY2010	paid	Stock Subscription Receivable StockSubscriptionReceivable	-70000	USD
CY2009	paid	Stock Subscription Receivable StockSubscriptionReceivable	-50000	USD
CY2011	paid	Stock Subscription Receivable StockSubscriptionReceivable	0	USD
CY2011	paid	Weighted Average Number Of Shares Outstanding Basic Diluted WeightedAverageNumberOfSharesOutstandingBasicDiluted	294685429	shares
CY2009	paid	Weighted Average Number Of Shares Outstanding Basic Diluted WeightedAverageNumberOfSharesOutstandingBasicDiluted	260711253	shares
CY2010	paid	Weighted Average Number Of Shares Outstanding Basic Diluted WeightedAverageNumberOfSharesOutstandingBasicDiluted	277021260	shares
CY2011	dei	Amendment Flag AmendmentFlag	false
CY2011	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2011	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q4
CY2011	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2011
CY2011	dei	Document Period End Date DocumentPeriodEndDate	2011-12-31
CY2011	dei	Document Type DocumentType	10-K
CY2011	dei	Entity Central Index Key EntityCentralIndexKey	0001017655
CY2012Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	311390478	shares
CY2011	dei	Entity Current Reporting Status EntityCurrentReportingStatus	No
CY2011	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2011Q2	dei	Entity Public Float EntityPublicFloat	101275449	USD
CY2011	dei	Entity Registrant Name EntityRegistrantName	PAID INC
CY2011	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2011	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No

Files In Submission

Name	View Source	Status
0001017655-12-000025-index-headers.html	Edgar Link	pending
0001017655-12-000025-index.html	Edgar Link	pending
0001017655-12-000025.txt	Edgar Link	pending
0001017655-12-000025-xbrl.zip	Edgar Link	pending
companyindextablegraph.jpg	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
paid-20111231.xml	Edgar Link	completed
paid-20111231.xsd	Edgar Link	pending
paid-20111231_cal.xml	Edgar Link	unprocessable
paid-20111231_def.xml	Edgar Link	unprocessable
paid-20111231_lab.xml	Edgar Link	unprocessable
paid-20111231_pre.xml	Edgar Link	unprocessable
paiddecember2011-10k.htm	Edgar Link	pending
paidincbwa.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$PAYD
Paid Inc Stock $payd

2011 Form 10-K Financial Statement

#000101765512000025 Filed on May 15, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PAYD Paid Inc Stock $payd

2011 Form 10-K Financial Statement

#000101765512000025 Filed on May 15, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PAYD
Paid Inc Stock $payd