$USIO
Usio, Inc. Stock $usio

$usio Overview Financials Valuation SEC Filings Company Website

2019 Q1 Form 10-Q Financial Statement

#000108803419000021 Filed on May 15, 2019

Income Statement

Concept	2019 Q1	2018 Q1
Revenue	$6.588M	$5.844M
YoY Change	12.74%	107.9%
Cost Of Revenue	$5.252M	$4.573M
YoY Change	14.86%	144.8%
Gross Profit	$1.336M	$1.271M
YoY Change	5.1%	34.8%
Gross Profit Margin	20.28%	21.75%
Selling, General & Admin	$2.432M	$2.332M
YoY Change	4.29%	1010.33%
% of Gross Profit	182.05%	183.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$236.5K	$208.7K
YoY Change	13.36%	11.13%
% of Gross Profit	17.71%	16.42%
Operating Expenses	$2.432M	$6.904M
YoY Change	-64.78%	120.4%
Operating Profit	-$1.096M	-$1.061M
YoY Change	3.32%	229.5%
Interest Expense	$20.00K	$10.00K
YoY Change	100.0%	-66.67%
% of Operating Profit
Other Income/Expense, Net	$23.08K	$9.979K
YoY Change	131.24%	-71.77%
Pretax Income	-$1.073M	-$1.051M
YoY Change	2.1%	266.67%
Income Tax	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$1.073M	-$1.051M
YoY Change	2.1%	266.67%
Net Earnings / Revenue	-16.29%	-17.98%
Basic Earnings Per Share	-$0.09	-$0.09
Diluted Earnings Per Share	-$0.09	-$0.09
COMMON SHARES
Basic Shares Outstanding	12.62M shares	12.03M shares
Diluted Shares Outstanding	12.62M shares	12.03M shares

Balance Sheet

Concept	2019 Q1	2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$4.470M	$3.470M
YoY Change	28.82%	-4.14%
Cash & Equivalents	$3.492M	$3.473M
Short-Term Investments
Other Short-Term Assets	$46.71M	$53.20M
YoY Change	-12.2%	8.28%
Inventory
Prepaid Expenses	$241.6K	$369.5K
Receivables	$1.135M	$892.2K
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$52.42M	$57.72M
YoY Change	-9.17%	6.28%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.849M	$1.926M
YoY Change	-4.0%	-23.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$320.8K	$182.7K
YoY Change	75.61%	-20.42%
Total Long-Term Assets	$7.757M	$6.003M
YoY Change	29.22%	202.78%
TOTAL ASSETS
Total Short-Term Assets	$52.42M	$57.72M
Total Long-Term Assets	$7.757M	$6.003M
Total Assets	$62.03M	$65.65M
YoY Change	-5.51%	11.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$220.4K	$225.8K
YoY Change	-2.38%	-2.54%
Accrued Expenses	$1.957M	$1.007M
YoY Change	94.33%	24.67%
Deferred Revenue	$5.000K
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$48.84M	$54.15M
YoY Change	-9.82%	8.52%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$2.560M
YoY Change
Total Long-Term Liabilities	$2.560M	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$48.84M	$54.15M
Total Long-Term Liabilities	$2.560M	$0.00
Total Liabilities	$51.40M	$54.15M
YoY Change	-5.07%	8.52%
SHAREHOLDERS EQUITY
Retained Earnings	-$58.11M	-$54.31M
YoY Change	6.99%	7.47%
Common Stock	$186.4K	$186.4K
YoY Change	0.01%	2.47%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$1.835M	$1.787M
YoY Change	2.7%	138.57%
Treasury Stock Shares	1.098M shares	1.071M shares
Shareholders Equity	$10.63M	$11.49M
YoY Change
Total Liabilities & Shareholders Equity	$62.03M	$65.65M
YoY Change	-5.51%	11.63%

Cashflow Statement

Concept	2019 Q1	2018 Q1
OPERATING ACTIVITIES
Net Income	-$1.073M	-$1.051M
YoY Change	2.1%	266.67%
Depreciation, Depletion And Amortization	$236.5K	$208.7K
YoY Change	13.36%	11.13%
Cash From Operating Activities	-$1.197M	-$239.1K
YoY Change	400.46%	-71.52%
INVESTING ACTIVITIES
Capital Expenditures	$152.9K	$29.50K
YoY Change	418.35%	-85.95%
Acquisitions
YoY Change
Other Investing Activities		$0.00
YoY Change		-100.0%
Cash From Investing Activities	-$152.9K	-$29.50K
YoY Change	418.35%	-95.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	-$1.772M	$956.1K
YoY Change	-285.34%	2987.89%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$1.772M	-$956.1K
YoY Change	-285.34%	2987.89%
NET CHANGE
Cash From Operating Activities	-$1.197M	-$239.1K
Cash From Investing Activities	-$152.9K	-$29.50K
Cash From Financing Activities	$1.772M	-$956.1K
Net Change In Cash	$422.6K	-$1.225M
YoY Change	-134.51%	-22.52%
FREE CASH FLOW
Cash From Operating Activities	-$1.197M	-$239.1K
Capital Expenditures	$152.9K	$29.50K
Free Cash Flow	-$1.349M	-$268.6K
YoY Change	402.42%	-74.41%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018Q4	pyds	Liabilities Current Excluding Restricted Cash LiabilitiesCurrentExcludingRestrictedCash	45856235	USD
CY2018Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	308178	USD
CY2019Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	220375	USD
CY2018Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1214355	USD
CY2019Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1134767	USD
CY2018Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	80888	USD
CY2019Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	82852	USD
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CY2019Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
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CY2019Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
CY2019Q1	dei	Document Period End Date DocumentPeriodEndDate	2019-03-31
CY2019Q1	dei	Document Type DocumentType	10-Q
CY2019Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001088034
CY2019Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	16899874	shares
CY2019Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2019Q1	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2019Q1	dei	Entity Registrant Name EntityRegistrantName	PAYMENT DATA SYSTEMS INC
CY2019Q1	dei	Trading Symbol TradingSymbol	pyds
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CY2019Q1	pyds	Amortization Of Warrant Costs AmortizationOfWarrantCosts	8985	USD
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CY2019Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	101722	USD
CY2019Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	241569	USD
CY2019Q1	us-gaap	Other General Expense OtherGeneralExpense	1661739	USD
CY2018Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1542	USD
CY2019Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1	USD
CY2018Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	956134	USD
CY2019Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	21822	USD
CY2018Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	29502	USD
CY2019Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	152923	USD
CY2018Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2019Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2018Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
CY2019Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1793905	USD
CY2018Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1932660	USD
CY2019Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1849035	USD
CY2017Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	14977468	USD
CY2018Q1	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	15080233	USD
CY2018Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	12645803	USD
CY2019Q1	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	11297894	USD
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-57036241	USD
CY2019Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-58109130	USD
CY2018Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	5843665	USD
CY2019Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	6588032	USD
CY2018Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2331692	USD
CY2019Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2431695	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	374378	USD
CY2019Q1	us-gaap	Share Based Compensation ShareBasedCompensation	283408	USD
CY2018Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	147300	USD
CY2019Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	58613	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	13123353	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	11490791	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	9633726	USD
CY2019Q1	us-gaap	Stockholders Equity StockholdersEquity	10625313	USD
CY2018Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	1086050	shares
CY2019Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	1097910	shares
CY2018Q4	us-gaap	Treasury Stock Value TreasuryStockValue	1813546	USD
CY2019Q1	us-gaap	Treasury Stock Value TreasuryStockValue	1835368	USD
CY2018Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	956134	USD
CY2019Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	21822	USD
CY2018Q4	us-gaap	Valuation Allowances And Reserves Balance ValuationAllowancesAndReservesBalance	374153	USD
CY2019Q1	us-gaap	Valuation Allowances And Reserves Balance ValuationAllowancesAndReservesBalance	407153	USD
CY2018Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2019Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	12026622	shares
CY2019Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	12621857	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	12026622	shares
CY2019Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	12621857	shares
CY2019Q1	us-gaap	Revenue Recognition Deferred Revenue RevenueRecognitionDeferredRevenue	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Deferred Revenues: </font><font style="font-family:inherit;font-size:10pt;">The Company records deferred revenues when it receives payments or issues invoices in advance of transferring control of promised goods or services to a customer. The advance consideration received from a customer is deferred until the Company provides the customer that product or service.</font></div></div>
CY2019Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates:</font><font style="font-family:inherit;font-size:10pt;"> The preparation of financial statements in conformity with U.S. generally accepted accounting principles 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

Files In Submission

Name	View Source	Status
0001088034-19-000021-index-headers.html	Edgar Link	pending
0001088034-19-000021-index.html	Edgar Link	pending
0001088034-19-000021.txt	Edgar Link	pending
0001088034-19-000021-xbrl.zip	Edgar Link	pending
exhibit_3113312019.htm	Edgar Link	pending
exhibit_3123312019.htm	Edgar Link	pending
exhibit_3213312019.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
pyds-20190331.xml	Edgar Link	completed
pyds-20190331.xsd	Edgar Link	pending
pyds-20190331_cal.xml	Edgar Link	unprocessable
pyds-20190331_def.xml	Edgar Link	unprocessable
pyds-20190331_lab.xml	Edgar Link	unprocessable
pyds-20190331_pre.xml	Edgar Link	unprocessable
pyds_3312019x10q.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
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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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$USIO
Usio, Inc. Stock $usio

2019 Q1 Form 10-Q Financial Statement

#000108803419000021 Filed on May 15, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$USIO Usio, Inc. Stock $usio

2019 Q1 Form 10-Q Financial Statement

#000108803419000021 Filed on May 15, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$USIO
Usio, Inc. Stock $usio