$USIO
Usio, Inc. Stock $usio

$usio Overview Financials Valuation SEC Filings Company Website

2022 Q1 Form 10-Q Financial Statement

#000143774922011903 Filed on May 11, 2022

Income Statement

Concept	2022 Q1	2021 Q1
Revenue	$18.11M	$13.46M
YoY Change	34.54%	73.21%
Cost Of Revenue	$14.60M	$10.55M
YoY Change	38.35%	80.62%
Gross Profit	$3.509M	$2.907M
YoY Change	20.7%	50.77%
Gross Profit Margin	19.38%	21.6%
Selling, General & Admin	$5.061M	$3.610M
YoY Change	40.19%	29.04%
% of Gross Profit	144.22%	124.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$247.0K	$154.2K
YoY Change	60.12%	11.93%
% of Gross Profit	7.04%	5.31%
Operating Expenses	$5.061M	$3.610M
YoY Change	40.19%	29.04%
Operating Profit	-$1.552M	-$702.7K
YoY Change	120.8%	-19.17%
Interest Expense	-$640.00	$0.00
YoY Change		-100.0%
% of Operating Profit
Other Income/Expense, Net	-$636.00	$2.467K
YoY Change	-125.78%	-79.17%
Pretax Income	-$1.552M	-$700.3K
YoY Change	121.67%	-18.34%
Income Tax	$70.00K	$20.00K
% Of Pretax Income
Net Earnings	-$1.622M	-$720.3K
YoY Change	125.24%	-13.74%
Net Earnings / Revenue	-8.96%	-5.35%
Basic Earnings Per Share	-$0.08	-$0.04
Diluted Earnings Per Share	-$0.08	-$0.04
COMMON SHARES
Basic Shares Outstanding	20.28M	19.93M
Diluted Shares Outstanding	20.28M	19.93M

Balance Sheet

Concept	2022 Q1	2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$7.591M	$4.280M
YoY Change	77.36%	145.98%
Cash & Equivalents	$7.591M	$4.284M
Short-Term Investments
Other Short-Term Assets	$87.90M	$65.54M
YoY Change	34.11%	67.07%
Inventory	$430.3K	$180.9K
Prepaid Expenses
Receivables	$4.176M	$3.598M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$100.1M	$73.61M
YoY Change	35.98%	75.02%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.432M	$3.226M
YoY Change	6.39%	105.18%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$345.4K	$353.8K
YoY Change	-2.39%	-16.7%
Total Long-Term Assets	$11.66M	$13.29M
YoY Change	-12.27%	61.28%
TOTAL ASSETS
Total Short-Term Assets	$100.1M	$73.61M
Total Long-Term Assets	$11.66M	$13.29M
Total Assets	$111.8M	$86.90M
YoY Change	28.6%	72.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.181M	$493.3K
YoY Change	139.44%	101.49%
Accrued Expenses	$2.844M	$1.971M
YoY Change	44.29%	43.93%
Deferred Revenue	$4.412K	$57.35K
YoY Change	-92.31%	-48.0%
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$55.30K	$53.14K
YoY Change	4.08%
Total Short-Term Liabilities	$91.80M	$68.03M
YoY Change	34.95%	66.12%
LONG-TERM LIABILITIES
Long-Term Debt	$57.40K	$112.9K
YoY Change	-49.14%
Other Long-Term Liabilities	$2.359M	$2.490M
YoY Change	-5.24%	5.96%
Total Long-Term Liabilities	$57.40K	$112.9K
YoY Change	-49.14%	-95.2%
TOTAL LIABILITIES
Total Short-Term Liabilities	$91.80M	$68.03M
Total Long-Term Liabilities	$57.40K	$112.9K
Total Liabilities	$94.22M	$70.63M
YoY Change	33.39%	63.14%
SHAREHOLDERS EQUITY
Retained Earnings	-$67.00M	-$65.78M
YoY Change	1.86%	4.43%
Common Stock	$195.3K	$194.7K
YoY Change	0.28%	4.31%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$2.471M	$2.215M
YoY Change	11.55%	15.85%
Treasury Stock Shares	$1.351M	$1.301M
Shareholders Equity	$17.54M	$16.27M
YoY Change
Total Liabilities & Shareholders Equity	$111.8M	$86.90M
YoY Change	28.6%	72.77%

Cashflow Statement

Concept	2022 Q1	2021 Q1
OPERATING ACTIVITIES
Net Income	-$1.622M	-$720.3K
YoY Change	125.24%	-13.74%
Depreciation, Depletion And Amortization	$247.0K	$154.2K
YoY Change	60.12%	11.93%
Cash From Operating Activities	-$7.224M	$10.48M
YoY Change	-168.93%	-733.45%
INVESTING ACTIVITIES
Capital Expenditures	$72.07K	$274.5K
YoY Change	-73.74%	79.8%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$72.07K	-$274.5K
YoY Change	-73.74%	79.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$66.49K	$49.45K
YoY Change	34.46%	85.71%
Debt Paid & Issued, Net	$13.49K	$0.00
YoY Change
Cash From Financing Activities	-$79.98K	$116.5K
YoY Change	-168.63%	-537.65%
NET CHANGE
Cash From Operating Activities	-$7.224M	$10.48M
Cash From Investing Activities	-$72.07K	-$274.5K
Cash From Financing Activities	-$79.98K	$116.5K
Net Change In Cash	-$7.376M	$10.32M
YoY Change	-171.46%	-662.91%
FREE CASH FLOW
Cash From Operating Activities	-$7.224M	$10.48M
Capital Expenditures	$72.07K	$274.5K
Free Cash Flow	-$7.296M	$10.21M
YoY Change	-171.49%	-664.75%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000
CY2022Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	25538907
CY2022Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2021Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2021Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000
CY2022Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2021Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	26868745
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	26807145
CY2022Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	25517835
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	25473453
CY2022Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	1350910
CY2021Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	1333692
CY2022Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	USD
CY2021Q1	usio	Warrants And Rights Outstanding Reduction Of Revenue During Period WarrantsAndRightsOutstandingReductionOfRevenueDuringPeriod	8985	USD
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7590951	USD
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7255321	USD
CY2022Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	4176494	USD
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	4979493	USD
CY2022Q1	usio	Settlement Processing Assets SettlementProcessingAssets	50591364	USD
CY2021Q4	usio	Settlement Processing Assets SettlementProcessingAssets	63824646	USD
CY2022Q1	usio	Prepaid Card Load Assets Current PrepaidCardLoadAssetsCurrent	28846980	USD
CY2021Q4	usio	Prepaid Card Load Assets Current PrepaidCardLoadAssetsCurrent	36590893	USD
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-65379805	USD
CY2021Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	93100129	USD
CY2022Q1	us-gaap	Treasury Stock Value TreasuryStockValue	2470952	USD
CY2021Q4	us-gaap	Treasury Stock Value TreasuryStockValue	2404458	USD
CY2022Q1	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	6559433	USD
CY2021Q4	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	6842195	USD
CY2022Q1	usio	Customer Deposits Asset Current CustomerDepositsAssetCurrent	1391465	USD
CY2021Q4	usio	Customer Deposits Asset Current CustomerDepositsAssetCurrent	1364193	USD
CY2022Q1	us-gaap	Inventory Net InventoryNet	430285	USD
CY2022Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2021Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2022Q1	us-gaap	Common Stock Value CommonStockValue	195297	USD
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	195235	USD
CY2022Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	93376970	USD
CY2022Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	14602214	USD
CY2021Q4	us-gaap	Inventory Net InventoryNet	434532	USD
CY2022Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	681470	USD
CY2021Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	426963	USD
CY2022Q1	usio	Assets Current Excluding Merchant Reserves AssetsCurrentExcludingMerchantReserves	93709009	USD
CY2021Q4	usio	Assets Current Excluding Merchant Reserves AssetsCurrentExcludingMerchantReserves	114876041	USD
CY2022Q1	usio	Merchant Reserves Current MerchantReservesCurrent	6386153	USD
CY2021Q4	usio	Merchant Reserves Current MerchantReservesCurrent	6381153	USD
CY2022Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-67002075	USD
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	17539807	USD
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	18668906	USD
CY2022Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	111756096	USD
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	133679715	USD
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	18111343	USD
CY2021Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	13461550	USD
CY2022Q1	us-gaap	Assets Assets	111756096	USD
CY2022Q1	us-gaap	Assets Current AssetsCurrent	100095162	USD
CY2021Q4	us-gaap	Assets Current AssetsCurrent	121257194	USD
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3432256	USD
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3607157	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	3695927	USD
CY2021Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	4163894	USD
CY2022Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	1504000	USD
CY2021Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	1504000	USD
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2683394	USD
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2802113	USD
CY2022Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	345357	USD
CY2021Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	345357	USD
CY2022Q1	usio	Assets Noncurrent Excluding Property Plant And Equipment Net AssetsNoncurrentExcludingPropertyPlantAndEquipmentNet	8228678	USD
CY2021Q4	usio	Assets Noncurrent Excluding Property Plant And Equipment Net AssetsNoncurrentExcludingPropertyPlantAndEquipmentNet	8815364	USD
CY2021Q4	us-gaap	Assets Assets	133679715	USD
CY2022Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	1181275	USD
CY2021Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	1400100	USD
CY2022Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2844210	USD
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2325665	USD
CY2022Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	498286	USD
CY2021Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	504027	USD
CY2022Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	55303	USD
CY2021Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	54760	USD
CY2022Q1	usio	Settlement Processing Liabilities SettlementProcessingLiabilities	50591364	USD
CY2021Q4	usio	Settlement Processing Liabilities SettlementProcessingLiabilities	63824646	USD
CY2022Q1	usio	Prepaid Card Load Liabilities Current PrepaidCardLoadLiabilitiesCurrent	28846980	USD
CY2021Q4	usio	Prepaid Card Load Liabilities Current PrepaidCardLoadLiabilitiesCurrent	36590893	USD
CY2022Q1	usio	Customer Deposits Liability Current CustomerDepositsLiabilityCurrent	1391465	USD
CY2021Q4	usio	Customer Deposits Liability Current CustomerDepositsLiabilityCurrent	1364193	USD
CY2022Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	4412	USD
CY2021Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	17647	USD
CY2022Q1	usio	Liabilities Current Excluding Restricted Cash LiabilitiesCurrentExcludingRestrictedCash	85413295	USD
CY2021Q4	usio	Liabilities Current Excluding Restricted Cash LiabilitiesCurrentExcludingRestrictedCash	106081931	USD
CY2022Q1	usio	Restricted Cash Liability Current RestrictedCashLiabilityCurrent	6386153	USD
CY2021Q4	usio	Restricted Cash Liability Current RestrictedCashLiabilityCurrent	6381153	USD
CY2022Q1	us-gaap	Liabilities Current LiabilitiesCurrent	91799448	USD
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	112463084	USD
CY2022Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	57403	USD
CY2021Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	71434	USD
CY2022Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	2359438	USD
CY2021Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	2476291	USD
CY2022Q1	us-gaap	Liabilities Liabilities	94216289	USD
CY2021Q4	us-gaap	Liabilities Liabilities	115010809	USD
CY2021Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	4461	USD
CY2021Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	10554313	USD
CY2022Q1	us-gaap	Gross Profit GrossProfit	3509129	USD
CY2021Q1	us-gaap	Gross Profit GrossProfit	2907237	USD
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	550682	USD
CY2021Q1	us-gaap	Share Based Compensation ShareBasedCompensation	327715	USD
CY2022Q1	us-gaap	Other General Expense OtherGeneralExpense	3795146	USD
CY2021Q1	us-gaap	Other General Expense OtherGeneralExpense	2660034	USD
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	714935	USD
CY2021Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	622207	USD
CY2022Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	5060763	USD
CY2021Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	3609956	USD
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-1551634	USD
CY2021Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-702719	USD
CY2022Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	581	USD
CY2021Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	2467	USD
CY2022Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-1217	USD
CY2021Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	0	USD
CY2022Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-636	USD
CY2021Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2467	USD
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1552270	USD
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-700252	USD
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	70000	USD
CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	20000	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-1622270	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-720252	USD
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.04
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.04
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20280575
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	19931935
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20280575
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	19931935
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-1622270	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-720252	USD
CY2022Q1	us-gaap	Depreciation Depreciation	246968	USD
CY2021Q1	us-gaap	Depreciation Depreciation	154240	USD
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	467967	USD
CY2021Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	467967	USD
CY2022Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
CY2021Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	15046	USD
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	550682	USD
CY2021Q1	us-gaap	Share Based Compensation ShareBasedCompensation	327715	USD
CY2022Q1	usio	Amortization Of Warrant Costs AmortizationOfWarrantCosts	8985	USD
CY2021Q1	usio	Amortization Of Warrant Costs AmortizationOfWarrantCosts	8985	USD
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-802999	USD
CY2021Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	749336	USD
CY2022Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	254507	USD
CY2021Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	222910	USD
CY2022Q1	usio	Increase Decrease In Operating Lease Right Of Use Asset IncreaseDecreaseInOperatingLeaseRightOfUseAsset	-118719	USD
CY2021Q1	usio	Increase Decrease In Operating Lease Right Of Use Asset IncreaseDecreaseInOperatingLeaseRightOfUseAsset	79080	USD
CY2022Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-0	USD
CY2021Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-14263	USD
CY2022Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-4247	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	116542	USD
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	299720	USD
CY2021Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	149247	USD
CY2022Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-122594	USD
CY2021Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	78948	USD
CY2022Q1	usio	Increase Decrease In Prepaid Card Load Liabilities IncreaseDecreaseInPrepaidCardLoadLiabilities	-7743913	USD
CY2021Q1	usio	Increase Decrease In Prepaid Card Load Liabilities IncreaseDecreaseInPrepaidCardLoadLiabilities	10945232	USD
CY2022Q1	usio	Increase Decrease In Restricted Cash And Cash Equivalents Current Operating Activities IncreaseDecreaseInRestrictedCashAndCashEquivalentsCurrentOperatingActivities	5000	USD
CY2021Q1	usio	Increase Decrease In Restricted Cash And Cash Equivalents Current Operating Activities IncreaseDecreaseInRestrictedCashAndCashEquivalentsCurrentOperatingActivities	51907	USD
CY2022Q1	usio	Increase Decrease In Customer Deposits Liability IncreaseDecreaseInCustomerDepositsLiability	27272	USD
CY2021Q1	usio	Increase Decrease In Customer Deposits Liability IncreaseDecreaseInCustomerDepositsLiability	51946	USD
CY2022Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-13235	USD
CY2021Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-9219	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-7223960	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	10480238	USD
CY2022Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	72069	USD
CY2021Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	274467	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-72069	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-274467	USD
CY2022Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	13488	USD
CY2021Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	-0	USD
CY2022Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	66494	USD
CY2021Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	49454	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-79982	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-7376011	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	10322313	USD
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	51591560	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	22192225	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	44215549	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	32514538	USD
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	1217	USD
CY2021Q1	us-gaap	Interest Paid Net InterestPaidNet	0	USD
CY2022Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	USD
CY2021Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	USD
CY2022Q1	usio	Issuance Of Deferred Sharebased Compensation IssuanceOfDeferredSharebasedCompensation	12330	USD
CY2021Q1	usio	Issuance Of Deferred Sharebased Compensation IssuanceOfDeferredSharebasedCompensation	0	USD
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	18668906	USD
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	255588	USD
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Warrant Issued AdjustmentsToAdditionalPaidInCapitalWarrantIssued	8985	USD
CY2022Q1	usio	Amortization Of Deferred Compensation AmortizationOfDeferredCompensation	295092	USD
CY2022Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	66494	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-1622270	USD
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	17539807	USD
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	16703361	USD
CY2021Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	120535	USD
CY2021Q1	us-gaap	Adjustments To Additional Paid In Capital Warrant Issued AdjustmentsToAdditionalPaidInCapitalWarrantIssued	8985	USD
CY2021Q1	usio	Reversal Of Deferred Compensation Amortization ReversalOfDeferredCompensationAmortization	42622	USD
CY2021Q1	usio	Amortization Of Deferred Compensation AmortizationOfDeferredCompensation	249801	USD
CY2021Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	49454	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-720252	USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	16270354	USD
CY2022Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	4412	USD
CY2021Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	17647	USD
CY2022Q1	us-gaap	Use Of Estimates UseOfEstimates	<p style="margin: 0pt; text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt;"><i>Use of Estimates:</i> 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.</p> <p style="margin: 0pt; text-align: justify; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </p>
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	18111343	USD
CY2021Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	13461550	USD
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7255321	USD
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5011132	USD
CY2021Q4	usio	Prepaid Card Load Assets Current PrepaidCardLoadAssetsCurrent	36590893	USD
CY2020Q4	usio	Prepaid Card Load Assets Current PrepaidCardLoadAssetsCurrent	7610242	USD
CY2021Q4	usio	Customer Deposits Assets Current CustomerDepositsAssetsCurrent	1364193	USD
CY2020Q4	usio	Customer Deposits Assets Current CustomerDepositsAssetsCurrent	1305296	USD
CY2021Q4	usio	Merchant Reserves Current MerchantReservesCurrent	6381153	USD
CY2020Q4	usio	Merchant Reserves Current MerchantReservesCurrent	8265555	USD
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	51591560	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	22192225	USD
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7590951	USD
CY2021Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4284360	USD
CY2022Q1	usio	Prepaid Card Load Assets Current PrepaidCardLoadAssetsCurrent	28846980	USD
CY2021Q1	usio	Prepaid Card Load Assets Current PrepaidCardLoadAssetsCurrent	18555474	USD
CY2022Q1	usio	Customer Deposits Assets Current CustomerDepositsAssetsCurrent	1391465	USD
CY2021Q1	usio	Customer Deposits Assets Current CustomerDepositsAssetsCurrent	1357242	USD
CY2022Q1	usio	Merchant Reserves Current MerchantReservesCurrent	6386153	USD
CY2021Q1	usio	Merchant Reserves Current MerchantReservesCurrent	8317462	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	44215549	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	32514538	USD
CY2022Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	319000	USD
CY2022Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	120151	USD
CY2021Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	104131	USD
CY2021Q4	us-gaap	Valuation Allowances And Reserves Balance ValuationAllowancesAndReservesBalance	623494	USD
CY2022Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	536530	USD
CY2021Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	226888	USD
CY2022Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	375527	USD
CY2022Q1	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	136864	USD
CY2021Q1	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	187914	USD
CY2021	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	USD
CY2022Q1	us-gaap	Valuation Allowances And Reserves Balance ValuationAllowancesAndReservesBalance	656494	USD
CY2021Q4	us-gaap	Valuation Allowances And Reserves Balance ValuationAllowancesAndReservesBalance	623494	USD
CY2022Q1	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	795729	USD
CY2021Q4	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	879120	USD
CY2022Q1	us-gaap	Valuation Allowances And Reserves Balance ValuationAllowancesAndReservesBalance	656494	USD
CY2021Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	298168	USD
CY2022Q1	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	479930	USD
CY2021Q4	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	297995	USD
CY2022Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2844210	USD
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2325665	USD
CY2022Q1	usio	Warrants And Rights Outstanding Reduction Of Revenue During Period WarrantsAndRightsOutstandingReductionOfRevenueDuringPeriod	8985	USD
CY2020Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1622270	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-720252	USD
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20280575
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	19931935
CY2022Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0
CY2021Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20280575
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	19931935
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.04
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.04
CY2022Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5244902
CY2021Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5094991
CY2022Q1	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	1500000	USD
CY2022Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	5200000	USD
CY2021Q4	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	29500000	USD
CY2002	usio	Net Operating Loss Subject To Expiration NetOperatingLossSubjectToExpiration	9109774	USD
CY2004	usio	Net Operating Loss Subject To Expiration NetOperatingLossSubjectToExpiration	1621096	USD
CY2005	usio	Net Operating Loss Subject To Expiration NetOperatingLossSubjectToExpiration	1788157	USD
CY2006	usio	Net Operating Loss Subject To Expiration NetOperatingLossSubjectToExpiration	1350961	USD
CY2007	usio	Net Operating Loss Subject To Expiration NetOperatingLossSubjectToExpiration	1740724	USD
CY2008	usio	Net Operating Loss Subject To Expiration NetOperatingLossSubjectToExpiration	918960	USD
CY2009	usio	Net Operating Loss Subject To Expiration NetOperatingLossSubjectToExpiration	835322	USD
CY2010	usio	Net Operating Loss Subject To Expiration NetOperatingLossSubjectToExpiration	429827	USD
CY2013	usio	Net Operating Loss Subject To Expiration NetOperatingLossSubjectToExpiration	504862	USD
CY2016	usio	Net Operating Loss Subject To Expiration NetOperatingLossSubjectToExpiration	474465	USD
CY2017	usio	Net Operating Loss Subject To Expiration NetOperatingLossSubjectToExpiration	1267336	USD
	usio	Net Operating Loss Subject To Expiration NetOperatingLossSubjectToExpiration	20041484	USD
	usio	Net Operating Loss That Can Be Carried Forward Indefinitely NetOperatingLossThatCanBeCarriedForwardIndefinitely	9413692	USD
CY2018	usio	Net Operating Loss That Can Be Carried Forward Indefinitely NetOperatingLossThatCanBeCarriedForwardIndefinitely	4410916	USD
CY2019	usio	Net Operating Loss That Can Be Carried Forward Indefinitely NetOperatingLossThatCanBeCarriedForwardIndefinitely	2730461	USD
CY2020	usio	Net Operating Loss That Can Be Carried Forward Indefinitely NetOperatingLossThatCanBeCarriedForwardIndefinitely	2272315	USD
	usio	Net Operating Loss That Can Be Carried Forward Indefinitely NetOperatingLossThatCanBeCarriedForwardIndefinitely	9413692	USD
CY2022Q1	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	29455176	USD
CY2021Q4	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	6.39

Files In Submission

Name	View Source	Status
0001437749-22-011903-index-headers.html	Edgar Link	pending
0001437749-22-011903-index.html	Edgar Link	pending
0001437749-22-011903.txt	Edgar Link	pending
0001437749-22-011903-xbrl.zip	Edgar Link	pending
ex_350088.htm	Edgar Link	pending
ex_350089.htm	Edgar Link	pending
ex_350090.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	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
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
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.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
usio-20220331.xsd	Edgar Link	pending
usio-20220331_cal.xml	Edgar Link	unprocessable
usio-20220331_def.xml	Edgar Link	unprocessable
usio-20220331_lab.xml	Edgar Link	unprocessable
usio-20220331_pre.xml	Edgar Link	unprocessable
usio20220331_10q.htm	Edgar Link	pending
usio20220331_10q_htm.xml	Edgar Link	completed

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$USIO
Usio, Inc. Stock $usio

2022 Q1 Form 10-Q Financial Statement

#000143774922011903 Filed on May 11, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$USIO Usio, Inc. Stock $usio

2022 Q1 Form 10-Q Financial Statement

#000143774922011903 Filed on May 11, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$USIO
Usio, Inc. Stock $usio