$PAYD
PAID INC Stock $payd

$payd Overview Financials Valuation SEC Filings Company Website

2013 Q4 Form 10-Q Financial Statement

#000114420413061319 Filed on November 14, 2013

Income Statement

Concept	2013 Q4	2013 Q3	2012 Q4
Revenue	$1.240M	$1.111M	$3.310M
YoY Change	-62.54%	-84.34%	13.75%
Cost Of Revenue	$940.0K	$686.1K	$3.120M
YoY Change	-69.87%	-87.95%	56.0%
Gross Profit	$300.0K	$424.6K	$190.0K
YoY Change	57.89%	-69.61%	-79.12%
Gross Profit Margin	24.19%	38.23%	5.74%
Selling, General & Admin		$460.0K	$1.290M
YoY Change			-43.17%
% of Gross Profit		108.33%	678.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$10.00K	$20.00K	$20.00K
YoY Change	-50.0%	-33.33%	100.0%
% of Gross Profit	3.33%	4.71%	10.53%
Operating Expenses	$1.240M	$457.7K	$1.290M
YoY Change	-3.88%	-72.46%	-43.17%
Operating Profit	-$940.0K	-$33.08K	-$1.100M
YoY Change	-14.55%	-87.51%	-19.12%
Interest Expense	$130.0K	$800.00	$610.0K
YoY Change	-78.69%	-38.46%	2950.0%
% of Operating Profit
Other Income/Expense, Net	$105.8K	$159.6K	-$70.00K
YoY Change	-251.2%	-124.69%
Pretax Income	-$970.0K	$126.5K	-$560.0K
YoY Change	73.21%	-113.88%	-58.21%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income		0.0%
Net Earnings	-$970.0K	$126.5K	-$560.0K
YoY Change	73.21%	-113.88%	-58.21%
Net Earnings / Revenue	-78.23%	11.39%	-16.92%
Basic Earnings Per Share		$0.00
Diluted Earnings Per Share	-$1.470M	$0.00	-$848.5K
COMMON SHARES
Basic Shares Outstanding	328.9M shares	328.9M shares	326.3M shares
Diluted Shares Outstanding		336.8M shares

Balance Sheet

Concept	2013 Q4	2013 Q3	2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$570.0K	$820.0K	$1.580M
YoY Change	-63.92%	10.81%	31.67%
Cash & Equivalents	$463.3K	$668.5K	$1.433M
Short-Term Investments	$110.0K	$150.0K	$140.0K
Other Short-Term Assets	$260.0K	$830.0K	$640.0K
YoY Change	-59.38%	-20.19%	-41.82%
Inventory	$1.305K	$23.70K	$420.7K
Prepaid Expenses	$41.18K	$511.6K	$310.2K
Receivables	$340.7K	$427.8K	$348.8K
Other Receivables	$640.0K	$0.00	$0.00
Total Short-Term Assets	$1.802M	$2.099M	$2.985M
YoY Change	-39.63%	-43.46%	-11.37%
LONG-TERM ASSETS
Property, Plant & Equipment	$43.61K	$151.5K	$212.9K
YoY Change	-79.51%	-35.2%	133.96%
Goodwill
YoY Change
Intangibles	$5.184K	$5.400K	$6.100K
YoY Change	-15.02%	-15.63%	-14.08%
Long-Term Investments
YoY Change
Other Assets	$0.00	$850.0K	$1.030M
YoY Change	-100.0%	-27.97%	-29.93%
Total Long-Term Assets	$48.80K	$1.007M	$1.246M
YoY Change	-96.08%	-29.1%	-20.43%
TOTAL ASSETS
Total Short-Term Assets	$1.802M	$2.099M	$2.985M
Total Long-Term Assets	$48.80K	$1.007M	$1.246M
Total Assets	$1.851M	$3.106M	$4.232M
YoY Change	-56.26%	-39.48%	-14.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$500.3K	$355.2K	$728.0K
YoY Change	-31.27%	-46.18%	48.57%
Accrued Expenses	$438.9K	$920.4K	$1.513M
YoY Change	-70.98%	-57.39%	13.74%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$20.00K	$20.00K	$30.00K
YoY Change	-33.33%	-33.33%	200.0%
Total Short-Term Liabilities	$973.7K	$1.391M	$2.498M
YoY Change	-61.02%	-56.43%	16.65%
LONG-TERM LIABILITIES
Long-Term Debt	$20.00K	$30.00K	$50.00K
YoY Change	-60.0%	-40.0%	150.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$20.00K	$30.00K	$50.00K
YoY Change	-60.0%	-40.0%	150.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$973.7K	$1.391M	$2.498M
Total Long-Term Liabilities	$20.00K	$30.00K	$50.00K
Total Liabilities	$993.5K	$1.420M	$2.546M
YoY Change	-60.98%	-56.31%	17.88%
SHAREHOLDERS EQUITY
Retained Earnings	-$52.08M	-$51.11M	-$50.96M
YoY Change	2.21%	1.42%	8.86%
Common Stock	$53.07M	$52.95M	$52.71M
YoY Change	0.7%	16126.66%	16967.81%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$857.4K	$1.685M	$1.685M
YoY Change
Total Liabilities & Shareholders Equity	$1.851M	$3.106M	$4.232M
YoY Change	-56.26%	-39.48%	-14.24%

Cashflow Statement

Concept	2013 Q4	2013 Q3	2012 Q4
OPERATING ACTIVITIES
Net Income	-$970.0K	$126.5K	-$560.0K
YoY Change	73.21%	-113.88%	-58.21%
Depreciation, Depletion And Amortization	$10.00K	$20.00K	$20.00K
YoY Change	-50.0%	-33.33%	100.0%
Cash From Operating Activities	-$240.0K	-$330.0K	$830.0K
YoY Change	-128.92%	-180.49%	654.55%
INVESTING ACTIVITIES
Capital Expenditures	$0.00		$10.00K
YoY Change	-100.0%		-200.0%
Acquisitions
YoY Change
Other Investing Activities	$30.00K	$0.00
YoY Change
Cash From Investing Activities	$30.00K	$0.00	$10.00K
YoY Change	200.0%	-100.0%	-200.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-10.00K	-10.00K	30.00K
YoY Change	-133.33%		-137.5%
NET CHANGE
Cash From Operating Activities	-240.0K	-330.0K	830.0K
Cash From Investing Activities	30.00K	0.000	10.00K
Cash From Financing Activities	-10.00K	-10.00K	30.00K
Net Change In Cash	-220.0K	-340.0K	870.0K
YoY Change	-125.29%	-180.95%	4250.0%
FREE CASH FLOW
Cash From Operating Activities	-$240.0K	-$330.0K	$830.0K
Capital Expenditures	$0.00		$10.00K
Free Cash Flow	-$240.0K		$820.0K
YoY Change	-129.27%		583.33%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q3	us-gaap	Cost Of Revenue CostOfRevenue	686100	USD
	us-gaap	Cost Of Revenue CostOfRevenue	8125500	USD
CY2012Q3	us-gaap	Gross Profit GrossProfit	1397300	USD
	us-gaap	Gross Profit GrossProfit	1082500	USD
CY2013Q3	us-gaap	Operating Expenses OperatingExpenses	457800	USD
CY2013Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	668500	USD
CY2013Q3	us-gaap	Inventory Net InventoryNet	23700	USD
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	328900	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-50956100	USD
CY2013Q3	us-gaap	Common Stock Share Subscribed But Unissued Subscriptions Receivable CommonStockShareSubscribedButUnissuedSubscriptionsReceivable	64000	USD
CY2012Q4	us-gaap	Common Stock Share Subscribed But Unissued Subscriptions Receivable CommonStockShareSubscribedButUnissuedSubscriptionsReceivable	64000	USD
CY2013Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-86500	USD
CY2012Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	0	USD
	dei	Document Type DocumentType	10-Q
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Period End Date DocumentPeriodEndDate	2013-09-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
CY2013Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	328874050	shares
	dei	Entity Registrant Name EntityRegistrantName	PAID INC
	dei	Entity Central Index Key EntityCentralIndexKey	0001017655
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2012Q3	us-gaap	Revenues Revenues	7093500	USD
	us-gaap	Revenues Revenues	3111800	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1433000	USD
CY2013Q3	us-gaap	Investments Investments	151100	USD
CY2012Q4	us-gaap	Investments Investments	142800	USD
CY2013Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	427800	USD
CY2012Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	348800	USD
CY2012Q4	us-gaap	Inventory Net InventoryNet	420700	USD
CY2013Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	511600	USD
CY2012Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	310200	USD
CY2013Q3	us-gaap	Prepaid Royalties PrepaidRoyalties	316100	USD
CY2012Q4	us-gaap	Prepaid Royalties PrepaidRoyalties	329800	USD
CY2013Q3	us-gaap	Assets Current AssetsCurrent	2098800	USD
CY2012Q4	us-gaap	Assets Current AssetsCurrent	2985300	USD
CY2013Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	151500	USD
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	212900	USD
CY2013Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	5400	USD
CY2012Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	6100	USD
CY2013Q3	us-gaap	Prepaid Expense And Other Assets Noncurrent PrepaidExpenseAndOtherAssetsNoncurrent	850500	USD
CY2012Q4	us-gaap	Prepaid Expense And Other Assets Noncurrent PrepaidExpenseAndOtherAssetsNoncurrent	1027200	USD
CY2013Q3	us-gaap	Assets Assets	3106200	USD
CY2012Q4	us-gaap	Assets Assets	4231500	USD
CY2013Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	355200	USD
CY2012Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	728000	USD
CY2013Q3	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	23800	USD
CY2012Q4	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	26300	USD
CY2013Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	920400	USD
CY2012Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1512800	USD
CY2013Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	91200	USD
CY2012Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	230500	USD
CY2013Q3	us-gaap	Liabilities Current LiabilitiesCurrent	1390600	USD
CY2012Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2497600	USD
CY2013Q3	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	30700	USD
CY2012Q4	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	48600	USD
CY2013Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2012Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q3	us-gaap	Common Stock Value CommonStockValue	328900	USD
	us-gaap	Revenues Revenues	10661100	USD
CY2012Q3	us-gaap	Cost Of Revenue CostOfRevenue	5696200	USD
	us-gaap	Cost Of Revenue CostOfRevenue	2029300	USD
CY2013Q3	us-gaap	Gross Profit GrossProfit	424700	USD
CY2013Q3	us-gaap	Revenues Revenues	1110800	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4231500	USD
	us-gaap	Gross Profit GrossProfit	2535600	USD
CY2012Q3	us-gaap	Operating Expenses OperatingExpenses	1662100	USD
	us-gaap	Operating Expenses OperatingExpenses	1639500	USD
CY2013Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-33100	USD
CY2013Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	52618700	USD
CY2012Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	52376500	USD
CY2013Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-51112200	USD
CY2013Q3	us-gaap	Stockholders Equity StockholdersEquity	1684900	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	1685300	USD
CY2013Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3106200	USD
CY2013Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.080
CY2012Q3	us-gaap	Net Income Loss NetIncomeLoss	-911300	USD
	us-gaap	Net Income Loss NetIncomeLoss	-156100	USD
	us-gaap	Net Income Loss NetIncomeLoss	-3586000	USD
	us-gaap	Operating Expenses OperatingExpenses	5183900	USD
CY2012Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-264800	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-557000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-2648300	USD
CY2013Q3	us-gaap	Interest Expense InterestExpense	800	USD
CY2012Q3	us-gaap	Interest Expense InterestExpense	1300	USD
	us-gaap	Interest Expense InterestExpense	2500	USD
	us-gaap	Interest Expense InterestExpense	4800	USD
CY2013Q3	payd	Unrealized Loss On Investments UnrealizedLossOnInvestments	0	USD
CY2012Q3	payd	Unrealized Loss On Investments UnrealizedLossOnInvestments	-27100	USD
	payd	Unrealized Loss On Investments UnrealizedLossOnInvestments	-94800	USD
	payd	Unrealized Loss On Investments UnrealizedLossOnInvestments	24400	USD
CY2013Q3	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	160400	USD
CY2012Q3	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-683300	USD
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	308600	USD
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-919500	USD
CY2013Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	159600	USD
CY2012Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-646500	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	400900	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-937700	USD
CY2013Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	126500	USD
CY2012Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-911300	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-156100	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-3586000	USD
CY2013Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2012Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2013Q3	us-gaap	Net Income Loss NetIncomeLoss	126500	USD
CY2013Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	0	USD
CY2012Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	11000	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	0	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	11000	USD
CY2013Q3	us-gaap	Unrealized Gain Loss On Marketable Securities Cost Method Investments And Other Investments UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments	-86500	USD
CY2012Q3	us-gaap	Unrealized Gain Loss On Marketable Securities Cost Method Investments And Other Investments UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments	0	USD
	us-gaap	Unrealized Gain Loss On Marketable Securities Cost Method Investments And Other Investments UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments	-86500	USD
	us-gaap	Unrealized Gain Loss On Marketable Securities Cost Method Investments And Other Investments UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments	0	USD
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2013Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	328874050	shares
CY2012Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	325699374	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	328874050	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	317962401	shares
CY2013Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	336848737	shares
CY2012Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	325699374	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	328874050	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	317962401	shares
CY2013Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.00
CY2012Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	57800	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	56000	USD
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-4300	USD
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	0	USD
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	94800	USD
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-24400	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	242200	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	532500	USD
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	308600	USD
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-919500	USD
	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	176700	USD
	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	287400	USD
	payd	Stock Options Awarded To Professionals And Consultants In Payment Of Fees StockOptionsAwardedToProfessionalsAndConsultantsInPaymentOfFees	0	USD
	payd	Stock Options Awarded To Professionals And Consultants In Payment Of Fees StockOptionsAwardedToProfessionalsAndConsultantsInPaymentOfFees	2126800	USD
	payd	Stock Options Awarded To Professionals And Consultants In Payment Of Compensation StockOptionsAwardedToProfessionalsAndConsultantsInPaymentOfCompensation	0	USD
	payd	Stock Options Awarded To Professionals And Consultants In Payment Of Compensation StockOptionsAwardedToProfessionalsAndConsultantsInPaymentOfCompensation	40000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	79000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	726100	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-397000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	134600	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	201400	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-203100	USD
	us-gaap	Increase Decrease In Prepaid Royalties IncreaseDecreaseInPrepaidRoyalties	-13700	USD
	us-gaap	Increase Decrease In Prepaid Royalties IncreaseDecreaseInPrepaidRoyalties	144000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-372800	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	165300	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-283800	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-91200	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-139300	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	43300	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-744100	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-283600	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	0	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	136400	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	0	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-136400	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	20400	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	14600	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-20400	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-13600	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-764500	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-433600	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	996000	USD
CY2012Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	562400	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	USD
	us-gaap	Interest Paid InterestPaid	2500	USD
	us-gaap	Interest Paid InterestPaid	4800	USD
	payd	Acquisition Of Property And Equipment Under Capital Lease AcquisitionOfPropertyAndEquipmentUnderCapitalLease	61600	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	0	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-1000	USD
	us-gaap	Use Of Estimates UseOfEstimates	<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <i><font style="FONT-SIZE: 10pt">Use of Estimates</font></i></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"></font> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: 120%; MARGIN: 0in 0in 0pt"> <font style="LINE-HEIGHT: 120%; FONT-SIZE: 10pt">The preparation of condensed financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant estimates made by the Company’s management include, but are not limited to, the collectability of accounts receivable, the realizability of inventories, the fair value of investments in marketable securities, the recoverability of long-lived assets, valuation of deferred tax assets and liabilities and the estimated fair value of the royalty and advance guarantees, stock options, warrants and shares issued for non-cash consideration. Actual results could materially differ from those estimates.</font></div> </div> </div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <i><font style="FONT-SIZE: 10pt">Concentrations</font></i></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The Company’s financial instruments that are exposed to concentrations of credit risk consist primarily of cash. The Company maintains cash balances at financial institutions that are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">250,000</font>. At September 30, 2013, the Company had balances of approximately $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">151,000</font> in these accounts in excess of the FDIC insurance limits. The Company places its cash in stable high credit quality institutions, and management believes that the risk of loss is negligible.</font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">For the nine months ended September 30, 2013 and 2012, revenues from a limited number of clients accounted for approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 63</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 72</font>%, respectively, of total revenues.</font></div> </div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <i><font style="FONT-SIZE: 10pt; FONT-FAMILY: inherit">Reclassifications</font></i></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-FAMILY: inherit; FONT-SIZE: 10pt">Certain amounts in the 2012 financial statements have been reclassified to conform to the 2013 presentation with no effect on previously reported net loss or accumulated deficit<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font>.</font></div> </div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2012	us-gaap	Net Income Loss NetIncomeLoss	4146200	USD
CY2013Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	53300	USD
	us-gaap	Advertising Expense AdvertisingExpense	2300	USD
	us-gaap	Advertising Expense AdvertisingExpense	4000	USD
CY2013Q3	us-gaap	Fdic Indemnification Asset FDICIndemnificationAsset	250000	USD
	us-gaap	Fdic Indemnification Asset Period Increase Decrease FDICIndemnificationAssetPeriodIncreaseDecrease	151000	USD
CY2013Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	653000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	6030000	shares
CY2012Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	53300	USD
CY2013Q3	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	5600	USD
CY2012Q4	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	18100	USD
CY2013Q3	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	10500	USD
CY2012Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	77400	USD
CY2013Q3	us-gaap	Accrued Royalties Current AccruedRoyaltiesCurrent	636900	USD
CY2012Q4	us-gaap	Accrued Royalties Current AccruedRoyaltiesCurrent	858300	USD
CY2013Q3	payd	Stock Price Guarantee Liabilities Current StockPriceGuaranteeLiabilitiesCurrent	134600	USD
CY2012Q4	payd	Stock Price Guarantee Liabilities Current StockPriceGuaranteeLiabilitiesCurrent	443200	USD
CY2013Q3	payd	Accrued Liabilities Other Current AccruedLiabilitiesOtherCurrent	132800	USD
CY2012Q4	payd	Accrued Liabilities Other Current AccruedLiabilitiesOtherCurrent	115800	USD
CY2013Q3	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	920400	USD
CY2012Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	1512800	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	1.3036	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	1.1833	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0001	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0006	pure
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P7D
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0	pure
CY2013Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	20030582	shares
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P8Y10M24D
CY2013Q3	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	682681	USD
CY2012Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	18030582	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	3500000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	1500000	shares
	payd	Stock Issued During Period Shares Stock Option Exercise StockIssuedDuringPeriodSharesStockOptionExercise	0	shares
CY2013Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	20030582	shares
CY2012Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.083
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	0.092
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	0.145
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	0
CY2013Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	328874050	shares
CY2013Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	328874050	shares
CY2012Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	328874050	shares
CY2013Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	40000	USD
CY2012Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-911300	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-242600	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-3586000	USD
CY2013Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2012Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2013Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	350000000	shares
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	350000000	shares
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	328874050	shares
	payd	Acquisition Of Property And Equipment Under Capital Lease AcquisitionOfPropertyAndEquipmentUnderCapitalLease	0	USD

Files In Submission

Name	View Source	Status
0001144204-13-061319-index-headers.html	Edgar Link	pending
0001144204-13-061319-index.html	Edgar Link	pending
0001144204-13-061319.txt	Edgar Link	pending
0001144204-13-061319-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
ft0002img-1.jpg	Edgar Link	pending
payd-20130930.xml	Edgar Link	completed
payd-20130930.xsd	Edgar Link	pending
payd-20130930_cal.xml	Edgar Link	unprocessable
payd-20130930_def.xml	Edgar Link	unprocessable
payd-20130930_lab.xml	Edgar Link	unprocessable
payd-20130930_pre.xml	Edgar Link	unprocessable
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
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.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
v360005_10q.htm	Edgar Link	pending
v360005_ex10-1.htm	Edgar Link	pending
v360005_ex31-1.htm	Edgar Link	pending
v360005_ex31-2.htm	Edgar Link	pending
v360005_ex32-1.htm	Edgar Link	pending

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$PAYD
PAID INC Stock $payd

2013 Q4 Form 10-Q Financial Statement

#000114420413061319 Filed on November 14, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PAYD PAID INC Stock $payd

2013 Q4 Form 10-Q Financial Statement

#000114420413061319 Filed on November 14, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PAYD
PAID INC Stock $payd