$PAYD
PAID INC Stock $payd

$payd Overview Financials Valuation SEC Filings Company Website

2015 Q3 Form 10-Q Financial Statement

#000114420415049900 Filed on August 14, 2015

Income Statement

Concept	2015 Q3	2015 Q2	2014 Q4
Revenue	$46.19K	$51.61K	$50.00K
YoY Change	-4.45%	-73.14%	-95.97%
Cost Of Revenue	$12.68K	$10.64K	$40.00K
YoY Change	20.7%	-88.52%	-95.74%
Gross Profit	$33.52K	$40.97K	$0.00
YoY Change	-11.43%	-58.83%	-100.0%
Gross Profit Margin	72.56%	79.38%	0.0%
Selling, General & Admin	$220.0K	$220.0K	$630.0K
YoY Change	0.0%	-21.43%
% of Gross Profit	656.42%	536.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$0.00	$10.00K	$10.00K
YoY Change		0.0%	0.0%
% of Gross Profit	0.0%	24.41%
Operating Expenses	$218.4K	$223.9K	$630.0K
YoY Change	2.21%	-20.35%	-49.19%
Operating Profit	-$184.9K	-$182.9K	-$630.0K
YoY Change	5.15%	0.74%	-32.98%
Interest Expense	-$490.0K	-$20.00K	-$240.0K
YoY Change	115194.12%	3940.4%	-284.62%
% of Operating Profit
Other Income/Expense, Net	-$485.1K	-$21.05K	$320.0K
YoY Change	132.59%	-94.58%	202.33%
Pretax Income	-$670.0K	-$203.9K	-$540.0K
YoY Change	74.31%	-64.23%	-44.33%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$670.0K	-$203.9K	-$540.0K
YoY Change	73.06%	-64.23%	-44.33%
Net Earnings / Revenue	-1450.49%	-395.17%	-1080.0%
Basic Earnings Per Share
Diluted Earnings Per Share	-$971.0K	-$289.9K	-$806.0K
COMMON SHARES
Basic Shares Outstanding	343.8M shares		328.9M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2015 Q3	2015 Q2	2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$310.0K	$420.0K	$650.0K
YoY Change	6.9%	-17.65%	14.04%
Cash & Equivalents	$313.7K	$424.1K	$651.3K
Short-Term Investments			$0.00
Other Short-Term Assets	$100.0K	$110.0K	$130.0K
YoY Change	-60.0%	-57.69%	-50.0%
Inventory	$1.305K	$1.305K	$1.305K
Prepaid Expenses	$16.61K	$25.65K	$42.57K
Receivables	$91.65K	$96.97K	$91.57K
Other Receivables	$10.00K	$120.0K	$120.0K
Total Short-Term Assets	$517.5K	$751.3K	$990.0K
YoY Change	-37.62%	-33.65%	-45.06%
LONG-TERM ASSETS
Property, Plant & Equipment	$9.532K	$10.23K	$18.49K
YoY Change	-59.78%	-64.61%	-57.61%
Goodwill
YoY Change
Intangibles	$3.537K	$3.772K	$4.242K
YoY Change	-21.01%	-19.97%	-18.17%
Long-Term Investments
YoY Change
Other Assets	$10.00K	$20.00K	$20.00K
YoY Change	-50.0%	0.0%
Total Long-Term Assets	$25.40K	$30.02K	$46.12K
YoY Change	-43.87%	-44.8%	-5.49%
TOTAL ASSETS
Total Short-Term Assets	$517.5K	$751.3K	$990.0K
Total Long-Term Assets	$25.40K	$30.02K	$46.12K
Total Assets	$542.9K	$781.3K	$1.036M
YoY Change	-37.94%	-34.16%	-44.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$129.0K	$115.5K	$215.7K
YoY Change	-15.59%	-29.32%	-56.89%
Accrued Expenses	$1.016M	$642.9K	$674.0K
YoY Change	26.51%	-11.38%	53.55%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$10.00K	$10.00K	$20.00K
YoY Change	-50.0%	-50.0%	0.0%
Total Short-Term Liabilities	$1.158M	$776.7K	$912.1K
YoY Change	19.2%	-14.2%	-6.33%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change	-100.0%	-100.0%	-100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$0.00	$0.00
YoY Change	-100.0%	-100.0%	-100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.158M	$776.7K	$912.1K
Total Long-Term Liabilities	$0.00	$0.00	$0.00
Total Liabilities	$1.158M	$776.7K	$915.1K
YoY Change	18.38%	-15.16%	-7.89%
SHAREHOLDERS EQUITY
Retained Earnings	-$54.83M	-$54.16M	-$53.75M
YoY Change	3.04%	2.53%	3.2%
Common Stock	$54.22M	$54.17M	$53.85M
YoY Change	2.08%	2.01%	1.46%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$615.1K	$4.591K	$121.0K
YoY Change
Total Liabilities & Shareholders Equity	$540.0K	$781.3K	$1.036M
YoY Change	-38.27%	-34.16%	-44.02%

Cashflow Statement

Concept	2015 Q3	2015 Q2	2014 Q4
OPERATING ACTIVITIES
Net Income	-$670.0K	-$203.9K	-$540.0K
YoY Change	73.06%	-64.23%	-44.33%
Depreciation, Depletion And Amortization	$0.00	$10.00K	$10.00K
YoY Change		0.0%	0.0%
Cash From Operating Activities	-$110.0K	-$120.0K	-$180.0K
YoY Change	-50.0%	100.0%	-25.0%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	$0.00
YoY Change		-100.0%	-100.0%
Cash From Investing Activities	$0.00	$0.00	$0.00
YoY Change		-100.0%	-100.0%
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	0.000	550.0K
YoY Change	0.0%		-5600.0%
NET CHANGE
Cash From Operating Activities	-110.0K	-120.0K	-180.0K
Cash From Investing Activities	0.000	0.000	0.000
Cash From Financing Activities	-10.00K	0.000	550.0K
Net Change In Cash	-120.0K	-120.0K	370.0K
YoY Change	-47.83%	-1300.0%	-268.18%
FREE CASH FLOW
Cash From Operating Activities	-$110.0K	-$120.0K	-$180.0K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
	dei	Entity Registrant Name EntityRegistrantName	PAID INC
	dei	Entity Central Index Key EntityCentralIndexKey	0001017655
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2014Q4	us-gaap	Assets Assets	1036125	USD
	dei	Trading Symbol TradingSymbol	PAYD
CY2015Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	343774049	shares
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	424113	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	651318	USD
CY2015Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	96972	USD
CY2014Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	91574	USD
CY2015Q2	us-gaap	Inventory Net InventoryNet	1305	USD
CY2014Q4	us-gaap	Inventory Net InventoryNet	1305	USD
CY2015Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	25646	USD
CY2014Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	42567	USD
CY2015Q2	us-gaap	Prepaid Royalties PrepaidRoyalties	82905	USD
CY2014Q4	us-gaap	Prepaid Royalties PrepaidRoyalties	82905	USD
CY2015Q2	us-gaap	Assets Current AssetsCurrent	751279	USD
CY2014Q4	us-gaap	Assets Current AssetsCurrent	990007	USD
CY2015Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	10231	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	18489	USD
CY2015Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3772	USD
CY2014Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	4242	USD
CY2015Q2	us-gaap	Assets Assets	781299	USD
CY2014Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	215707	USD
CY2015Q2	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	10566	USD
CY2015Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	115489	USD
CY2014Q4	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	15223	USD
CY2015Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	642917	USD
CY2014Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	674019	USD
CY2015Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	7736	USD
CY2014Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	7102	USD
CY2015Q2	us-gaap	Liabilities Current LiabilitiesCurrent	776708	USD
CY2014Q4	us-gaap	Liabilities Current LiabilitiesCurrent	912051	USD
CY2015Q2	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	0	USD
CY2014Q4	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	3095	USD
CY2015Q2	us-gaap	Common Stock Value CommonStockValue	343774	USD
CY2015Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	53822619	USD
CY2015Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-54161802	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-53749748	USD
CY2015Q2	us-gaap	Common Stock Shares Subscriptions CommonStockSharesSubscriptions	0	USD
CY2014Q4	us-gaap	Common Stock Shares Subscriptions CommonStockSharesSubscriptions	25000	USD
CY2015Q2	us-gaap	Stockholders Equity StockholdersEquity	4591	USD
CY2015Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	781299	USD
CY2015Q2	us-gaap	Other Receivables OtherReceivables	120338	USD
CY2014Q4	us-gaap	Other Receivables OtherReceivables	120338	USD
CY2015Q2	us-gaap	Liabilities Liabilities	776708	USD
CY2014Q4	us-gaap	Liabilities Liabilities	915146	USD
CY2015Q2	us-gaap	Deposits Assets Noncurrent DepositsAssetsNoncurrent	16017	USD
CY2014Q4	us-gaap	Deposits Assets Noncurrent DepositsAssetsNoncurrent	23387	USD
	us-gaap	Revenues Revenues	701576	USD
	us-gaap	Cost Of Revenue CostOfRevenue	19794	USD
	us-gaap	Gross Profit GrossProfit	73608	USD
	us-gaap	Operating Expenses OperatingExpenses	514685	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-441077	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-486	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	0	USD
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	30465	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	29979	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-411098	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1206	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	956	USD
	us-gaap	Net Income Loss NetIncomeLoss	-412054	USD
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.00
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	342564658	shares
	payd	Other Accounts Receivable Writeoffs OtherAccountsReceivableWriteoffs	227528	USD
	payd	Other Accounts Receivable Writeoffs OtherAccountsReceivableWriteoffs	0	USD
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	34759	USD
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	-79983	USD
	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	0	USD
CY2014Q2	us-gaap	Revenues Revenues	192171	USD
CY2015Q2	us-gaap	Revenues Revenues	51608	USD
CY2014Q2	us-gaap	Cost Of Revenue CostOfRevenue	92651	USD
CY2015Q2	us-gaap	Cost Of Revenue CostOfRevenue	10639	USD
CY2014Q2	us-gaap	Gross Profit GrossProfit	99520	USD
CY2015Q2	us-gaap	Gross Profit GrossProfit	40969	USD
CY2014Q2	us-gaap	Operating Expenses OperatingExpenses	281057	USD
CY2015Q2	us-gaap	Operating Expenses OperatingExpenses	223855	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-741955	USD
	us-gaap	Cost Of Revenue CostOfRevenue	462319	USD
	us-gaap	Gross Profit GrossProfit	239257	USD
	us-gaap	Operating Expenses OperatingExpenses	579712	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-340455	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	1843	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	86617	USD
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-217208	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-401500	USD
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	339374	USD
CY2014Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	53506353	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	120979	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1036125	USD
	us-gaap	Net Income Loss NetIncomeLoss	-743161	USD
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.00
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	328874050	shares
CY2014Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-181537	USD
CY2015Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-182886	USD
CY2014Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-495	USD
CY2015Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-206	USD
CY2014Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	84815	USD
CY2015Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	0	USD
CY2014Q2	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-217208	USD
CY2015Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-21051	USD
CY2014Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-570066	USD
CY2015Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-203937	USD
CY2015Q2	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-20845	USD
CY2014Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-388529	USD
CY2014Q2	us-gaap	Advertising Expense AdvertisingExpense	1695	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-13614	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	634	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-98788	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-414453	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	13997	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	7752	USD
CY2014Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2015Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2014Q2	us-gaap	Net Income Loss NetIncomeLoss	-570066	USD
CY2015Q2	us-gaap	Net Income Loss NetIncomeLoss	-203937	USD
CY2014Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.00
CY2015Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.00
CY2014Q2	payd	Other Accounts Receivable Writeoffs OtherAccountsReceivableWriteoffs	171910	USD
CY2015Q2	payd	Other Accounts Receivable Writeoffs OtherAccountsReceivableWriteoffs	0	USD
CY2014Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
CY2015Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
CY2014Q2	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	-83731	USD
CY2015Q2	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	0	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	15174	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8728	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	25336	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	100666	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-207522	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	5398	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	4407	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-16921	USD
	us-gaap	Increase Decrease In Prepaid Royalties IncreaseDecreaseInPrepaidRoyalties	2042	USD
	us-gaap	Increase Decrease In Prepaid Royalties IncreaseDecreaseInPrepaidRoyalties	0	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-336914	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-100218	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	69356	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-637	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	195000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-13997	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	187248	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	44865	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-227205	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	463285	USD
CY2014Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	508150	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	956	USD
	us-gaap	Interest Paid InterestPaid	486	USD
	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	157650	USD
	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	0	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	157650	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	0	USD
	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	-79983	USD
	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	0	USD
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	227528	USD
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	0	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	0	USD
	us-gaap	Increase Decrease In Other Deposits IncreaseDecreaseInOtherDeposits	-20757	USD
	us-gaap	Increase Decrease In Other Deposits IncreaseDecreaseInOtherDeposits	7370	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-214759	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	USD
	us-gaap	Interest Paid InterestPaid	0	USD
CY2015Q2	us-gaap	Fdic Indemnification Asset FDICIndemnificationAsset	250000	USD
CY2015Q2	payd	Common Stock Held For Sale CommonStockHeldForSale	2528091	shares
	us-gaap	Advertising Expense AdvertisingExpense	13102	USD
	us-gaap	Advertising Expense AdvertisingExpense	2635	USD
CY2015Q2	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	1170	USD
CY2014Q4	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	2019	USD
CY2015Q2	us-gaap	Accrued Royalties Current AccruedRoyaltiesCurrent	80572	USD
CY2014Q4	us-gaap	Accrued Royalties Current AccruedRoyaltiesCurrent	80572	USD
CY2015Q2	payd	Stock Payment Guarantee Liabilities Current StockPaymentGuaranteeLiabilitiesCurrent	524267	USD
CY2014Q4	payd	Stock Payment Guarantee Liabilities Current StockPaymentGuaranteeLiabilitiesCurrent	554732	USD
CY2015Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	36908	USD
CY2014Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	36696	USD
CY2015Q2	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	642917	USD
CY2014Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	674019	USD
CY2015Q2	us-gaap	Share Price SharePrice	0.12
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	195000	USD
CY2015Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	500000	shares
CY2014Q4	us-gaap	Common Stock Shares Subscribed But Unissued CommonStockSharesSubscribedButUnissued	500000	shares
CY2015Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2015Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	550000000	shares
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	550000000	shares
CY2015Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	343774049	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	339374050	shares
CY2015Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	343774049	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	339374050	shares
	us-gaap	Use Of Estimates UseOfEstimates	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; 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;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The preparation of the 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 receivables and other receivables, the valuation of inventories, the recoverability of long-lived assets, the valuation of deferred tax assets and liabilities and the estimated fair value of the royalty and advance guarantees and share-based transactions. Actual results could materially differ from those estimates.</font></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="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <i><font style="FONT-SIZE: 10pt">Concentration of Credit Risk</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> <font style="FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">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 June 30, 2015, the Company had amounts in these accounts in excess of the FDIC limit. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk related to these deposits. Management believes that it has invested in high credit quality institutions for which the Company has not experienced any loss in its accounts and believes it is not exposed to any significant credit risk related to these accounts.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The Company extends credit based on an evaluation of the customer's financial condition, generally without requiring collateral. Exposure to losses on receivables is principally dependent on each customer's financial condition. The Company monitors its exposure for credit losses and maintains allowances for anticipated losses. Although the Company expects to collect amounts due, actual collections may differ from the estimated amounts. At both June 30, 2015 and December 31, 2014, the Company has recorded an allowance for doubtful accounts of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">38,609</font></font>.</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;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">For the three months ended June 30, 2015, no revenues from any one individual client accounted for more than 10% of total revenues. For the three months ended June 30, 2014, revenues from three clients accounted for approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 93</font></font></font>% of total revenues. For the six months ended June 30, 2015, no revenues from an individual client accounted for more than 10% of total revenues. For the six months ended June 30, 2014, revenues from three clients accounted for approximately <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 95</font></font></font>% of total revenues. These revenues were generated from the sales of our line of AuctionInc products, tour merchandise, VIP services, and merchandising and fulfillment services.</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="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"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <i><font style="FONT-SIZE: 10pt">Reclassifications</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">Certain reclassifications have been made to the prior period financial statement presentation to conform to the current period financial statement presentation. The reclassifications did not have any effect on reported net losses for any period presented.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
	us-gaap	Income Tax Examination Likelihood Of Unfavorable Settlement IncomeTaxExaminationLikelihoodOfUnfavorableSettlement	less than a 50% likelihood
CY2015Q2	us-gaap	Income Tax Examination Penalties And Interest Accrued IncomeTaxExaminationPenaltiesAndInterestAccrued	0	USD
CY2015Q2	us-gaap	Earnings Per Share Potentially Dilutive Securities EarningsPerSharePotentiallyDilutiveSecurities	1,406,000
	us-gaap	Earnings Per Share Potentially Dilutive Securities EarningsPerSharePotentiallyDilutiveSecurities	2,538,000
CY2014Q4	us-gaap	Income Tax Examination Penalties And Interest Accrued IncomeTaxExaminationPenaltiesAndInterestAccrued	0	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0	pure
CY2014Q4	payd	Common Stock Held For Sale CommonStockHeldForSale	2528091	shares
CY2015Q2	us-gaap	Advertising Expense AdvertisingExpense	6878	USD
CY2015Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	38609	USD
CY2014Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	38609	USD
	us-gaap	Stock Issued1 StockIssued1	25000	USD
	us-gaap	Stock Issued1 StockIssued1	0	USD
CY2015Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	227528	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
CY2015Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
CY2014Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	171910	USD

Files In Submission

Name	View Source	Status
0001144204-15-049900-index-headers.html	Edgar Link	pending
0001144204-15-049900-index.html	Edgar Link	pending
0001144204-15-049900.txt	Edgar Link	pending
0001144204-15-049900-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
image_001.jpg	Edgar Link	pending
payd-20150630.xml	Edgar Link	completed
payd-20150630.xsd	Edgar Link	pending
payd-20150630_cal.xml	Edgar Link	unprocessable
payd-20150630_def.xml	Edgar Link	unprocessable
payd-20150630_lab.xml	Edgar Link	unprocessable
payd-20150630_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
R2.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
v417345_10-q.htm	Edgar Link	pending
v417345_ex31-1.htm	Edgar Link	pending
v417345_ex31-2.htm	Edgar Link	pending
v417345_ex32.htm	Edgar Link	pending

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$PAYD
PAID INC Stock $payd

2015 Q3 Form 10-Q Financial Statement

#000114420415049900 Filed on August 14, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PAYD PAID INC Stock $payd

2015 Q3 Form 10-Q Financial Statement

#000114420415049900 Filed on August 14, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PAYD
PAID INC Stock $payd