$USIO
Usio, Inc. Stock $usio

$usio Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000143774924017056 Filed on May 15, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$20.08M	$20.32M
YoY Change	-5.56%	-5.24%
Cost Of Revenue	$15.28M	$16.12M
YoY Change	-5.97%	-2.59%
Gross Profit	$4.800M	$4.205M
YoY Change	-4.21%	-14.22%
Gross Profit Margin	23.9%	20.69%
Selling, General & Admin	$5.009M	$5.136M
YoY Change	1.09%	4.9%
% of Gross Profit	104.35%	122.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$547.8K	$358.2K
YoY Change	4.75%	19.37%
% of Gross Profit	11.41%	8.52%
Operating Expenses	$5.009M	$5.136M
YoY Change	1.09%	4.9%
Operating Profit	-$208.9K	-$930.7K
YoY Change	-474.26%	-15630.25%
Interest Expense	$93.02K	$13.59K
YoY Change	17352.16%	1952.11%
% of Operating Profit
Other Income/Expense, Net	$354.4K
YoY Change	62.35%
Pretax Income	$145.5K	-$180.2K
YoY Change	-46.93%	-283.38%
Income Tax	$70.00K	$70.00K
% Of Pretax Income	48.11%
Net Earnings	$75.49K	-$250.2K
YoY Change	-63.18%	-1786.7%
Net Earnings / Revenue	0.38%	-1.23%
Basic Earnings Per Share	$0.00	-$0.01
Diluted Earnings Per Share	$0.00	-$0.01
COMMON SHARES
Basic Shares Outstanding	26.43M	26.34M
Diluted Shares Outstanding	26.53M	26.38M

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$7.498M	$7.054M
YoY Change	14.04%	4.29%
Cash & Equivalents	$7.498M	$7.054M
Short-Term Investments
Other Short-Term Assets	$86.66M	$77.55M
YoY Change	-12.28%	13.74%
Inventory	$407.0K	$429.6K
Prepaid Expenses
Receivables	$5.495M	$4.862M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$100.1M	$89.89M
YoY Change	-9.91%	11.45%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.427M	$3.479M
YoY Change	14.0%	10.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$340.3K	$335.4K
YoY Change	-4.24%	-5.63%
Total Long-Term Assets	$8.773M	$9.172M
YoY Change	-9.89%	-10.38%
TOTAL ASSETS
Total Short-Term Assets	$100.1M	$89.89M
Total Long-Term Assets	$8.773M	$9.172M
Total Assets	$108.8M	$99.06M
YoY Change	-9.91%	8.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$968.2K	$896.3K
YoY Change	6.02%	5.22%
Accrued Expenses	$3.215M	$2.778M
YoY Change	-15.47%	-42.79%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$192.2K	$180.9K
YoY Change	344.84%	215.28%
Total Short-Term Liabilities	$90.66M	$81.21M
YoY Change	-12.48%	9.7%
LONG-TERM LIABILITIES
Long-Term Debt	$597.2K	$630.9K
YoY Change
Other Long-Term Liabilities	$1.863M	$1.955M
YoY Change	-13.66%	-19.33%
Total Long-Term Liabilities	$597.2K	$630.9K
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$90.66M	$81.21M
Total Long-Term Liabilities	$597.2K	$630.9K
Total Liabilities	$93.12M	$83.79M
YoY Change	-11.94%	9.61%
SHAREHOLDERS EQUITY
Retained Earnings	-$71.51M	-$71.59M
YoY Change	1.23%	1.04%
Common Stock	$198.2K	$197.2K
YoY Change	0.66%	0.15%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$15.71M	$15.27M
YoY Change
Total Liabilities & Shareholders Equity	$108.8M	$99.06M
YoY Change	-9.91%	8.99%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$75.49K	-$250.2K
YoY Change	-63.18%	-1786.7%
Depreciation, Depletion And Amortization	$547.8K	$358.2K
YoY Change	4.75%	19.37%
Cash From Operating Activities	-$272.9K	-$2.791M
YoY Change	-100.98%	1246.62%
INVESTING ACTIVITIES
Capital Expenditures	$278.3K	$176.8K
YoY Change	62.86%	-18.82%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$278.3K	-$176.8K
YoY Change	62.86%	-18.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$14.43K
YoY Change		6.99%
Cash From Financing Activities	-116.9K	-$59.25K
YoY Change	363.26%	169.13%
NET CHANGE
Cash From Operating Activities	-272.9K	-$2.791M
Cash From Investing Activities	-278.3K	-$176.8K
Cash From Financing Activities	-116.9K	-$59.25K
Net Change In Cash	-668.0K	-$3.027M
YoY Change	-102.4%	577.21%
FREE CASH FLOW
Cash From Operating Activities	-$272.9K	-$2.791M
Capital Expenditures	$278.3K	$176.8K
Free Cash Flow	-$551.2K	-$2.968M
YoY Change	-101.98%	598.35%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	dei	Amendment Flag AmendmentFlag	false
CY2024Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2024Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2024Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2023Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2024Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000
CY2024Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2024Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2023Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28779206
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28661406
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	26412259
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	26332523
CY2024Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	2366947
CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	2339083
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	319000	usd
CY2024Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q1	dei	Document Type DocumentType	10-Q
CY2024Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2024Q1	dei	Document Period End Date DocumentPeriodEndDate	2024-03-31
CY2024Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2024Q1	dei	Entity File Number EntityFileNumber	000-30152
CY2024Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
CY2024Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	98-0190072
CY2024Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	3611 Paesanos Parkway, Suite 300
CY2024Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	San Antonio
CY2024Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
CY2024Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	78231
CY2024Q1	dei	City Area Code CityAreaCode	210
CY2024Q1	dei	Local Phone Number LocalPhoneNumber	249-4100
CY2024Q1	dei	Security12b Title Security12bTitle	Common stock, par value $0.001 per share
CY2024Q1	dei	Trading Symbol TradingSymbol	USIO
CY2024Q1	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2024Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2024Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2024Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2024Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2024Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2024Q1	dei	Entity Shell Company EntityShellCompany	false
CY2024Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	26430824
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7053812	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7155687	usd
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	4862227	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	5564138	usd
CY2024Q1	usio	Settlement Processing Assets SettlementProcessingAssets	41030860	usd
CY2023Q4	usio	Settlement Processing Assets SettlementProcessingAssets	44899603	usd
CY2024Q1	usio	Prepaid Card Load Assets Current PrepaidCardLoadAssetsCurrent	28698878	usd
CY2023Q4	usio	Prepaid Card Load Assets Current PrepaidCardLoadAssetsCurrent	31578973	usd
CY2024Q1	usio	Customer Deposits Asset Current CustomerDepositsAssetCurrent	1808263	usd
CY2023Q4	usio	Customer Deposits Asset Current CustomerDepositsAssetCurrent	1865731	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	429577	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	422808	usd
CY2024Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	687415	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	444071	usd
CY2024Q1	usio	Assets Current Excluding Merchant Reserves AssetsCurrentExcludingMerchantReserves	84571032	usd
CY2023Q4	usio	Assets Current Excluding Merchant Reserves AssetsCurrentExcludingMerchantReserves	91931011	usd
CY2024Q1	usio	Merchant Reserves Current MerchantReservesCurrent	5322095	usd
CY2023Q4	usio	Merchant Reserves Current MerchantReservesCurrent	5310095	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	89893127	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	97241106	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3478654	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3660092	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1535366	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1753333	usd
CY2024Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	1504000	usd
CY2023Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	1504000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2318388	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2420782	usd
CY2024Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	335357	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	355357	usd
CY2024Q1	usio	Assets Noncurrent Excluding Property Plant And Equipment Net AssetsNoncurrentExcludingPropertyPlantAndEquipmentNet	5693111	usd
CY2023Q4	usio	Assets Noncurrent Excluding Property Plant And Equipment Net AssetsNoncurrentExcludingPropertyPlantAndEquipmentNet	6033472	usd
CY2024Q1	us-gaap	Assets Assets	99064892	usd
CY2023Q4	us-gaap	Assets Assets	106934670	usd
CY2024Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	896293	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	1031141	usd
CY2024Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2778067	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	3801278	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	490184	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	633616	usd
CY2024Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	180906	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	107270	usd
CY2024Q1	usio	Settlement Processing Liabilities SettlementProcessingLiabilities	41030860	usd
CY2023Q4	usio	Settlement Processing Liabilities SettlementProcessingLiabilities	44899603	usd
CY2024Q1	usio	Prepaid Card Load Liabilities Current PrepaidCardLoadLiabilitiesCurrent	28698878	usd
CY2023Q4	usio	Prepaid Card Load Liabilities Current PrepaidCardLoadLiabilitiesCurrent	31578973	usd
CY2024Q1	usio	Customer Deposits Liability Current CustomerDepositsLiabilityCurrent	1808263	usd
CY2023Q4	usio	Customer Deposits Liability Current CustomerDepositsLiabilityCurrent	1865731	usd
CY2024Q1	usio	Liabilities Current Excluding Restricted Cash LiabilitiesCurrentExcludingRestrictedCash	75883451	usd
CY2023Q4	usio	Liabilities Current Excluding Restricted Cash LiabilitiesCurrentExcludingRestrictedCash	83917612	usd
CY2024Q1	usio	Restricted Cash Liability Current RestrictedCashLiabilityCurrent	5322095	usd
CY2023Q4	usio	Restricted Cash Liability Current RestrictedCashLiabilityCurrent	5310095	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	81205546	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	89227707	usd
CY2024Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	630913	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	718980	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	1955333	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	1919144	usd
CY2024Q1	us-gaap	Liabilities Liabilities	83791792	usd
CY2023Q4	us-gaap	Liabilities Liabilities	91865831	usd
CY2024Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2023Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	197194	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	197087	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	97632948	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	97479830	usd
CY2024Q1	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	4406973	usd
CY2023Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	4362150	usd
CY2024Q1	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	6561728	usd
CY2023Q4	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	6907775	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-71588341	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-71338153	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	15273100	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	15068839	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	99064892	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	106934670	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	20321615	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	21446244	usd
CY2024Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	16116691	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	16544429	usd
CY2024Q1	us-gaap	Gross Profit GrossProfit	4204924	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	4901815	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	499273	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	504574	usd
CY2024Q1	us-gaap	Other General Expense OtherGeneralExpense	4060225	usd
CY2023Q1	us-gaap	Other General Expense OtherGeneralExpense	3873219	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	576154	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	518029	usd
CY2024Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	5135652	usd
CY2023Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4895822	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-930728	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	5993	usd
CY2024Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	764125	usd
CY2023Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	92928	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	13585	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	662	usd
CY2024Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	750540	usd
CY2023Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	92266	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-180188	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	98259	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	70000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	83426	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-250188	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	14833	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0
CY2024Q1	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	19990862
CY2023Q1	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	20122972
CY2024Q1	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	6384900
CY2023Q1	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	6385900
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26375762
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26508872
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26375762
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27454471
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-250188	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	14833	usd
CY2024Q1	us-gaap	Depreciation Depreciation	358187	usd
CY2023Q1	us-gaap	Depreciation Depreciation	300061	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	217967	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	217968	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-701911	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	846609	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	243344	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	10616	usd
CY2024Q1	usio	Increase Decrease In Operating Lease Right Of Use Asset IncreaseDecreaseInOperatingLeaseRightOfUseAsset	-102394	usd
CY2023Q1	usio	Increase Decrease In Operating Lease Right Of Use Asset IncreaseDecreaseInOperatingLeaseRightOfUseAsset	31459	usd
CY2024Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-20000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	1	usd
CY2024Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	6769	usd
CY2023Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-12898	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1158059	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1128251	usd
CY2024Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-107243	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	4548	usd
CY2024Q1	usio	Increase Decrease In Prepaid Card Load Liabilities IncreaseDecreaseInPrepaidCardLoadLiabilities	-2880095	usd
CY2023Q1	usio	Increase Decrease In Prepaid Card Load Liabilities IncreaseDecreaseInPrepaidCardLoadLiabilities	-1357807	usd
CY2024Q1	usio	Increase Decrease In Restricted Cash And Cash Equivalents Current Operating Activities IncreaseDecreaseInRestrictedCashAndCashEquivalentsCurrentOperatingActivities	12000	usd
CY2023Q1	usio	Increase Decrease In Restricted Cash And Cash Equivalents Current Operating Activities IncreaseDecreaseInRestrictedCashAndCashEquivalentsCurrentOperatingActivities	-164886	usd
CY2024Q1	usio	Increase Decrease In Customer Deposits Liability IncreaseDecreaseInCustomerDepositsLiability	-57468	usd
CY2023Q1	usio	Increase Decrease In Customer Deposits Liability IncreaseDecreaseInCustomerDepositsLiability	20953	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2791434	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-207292	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	176750	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	217735	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-176750	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-217735	usd
CY2024Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	14431	usd
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	13488	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	44823	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	8529	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-59254	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-22017	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-3027438	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-447044	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	45910486	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	32343501	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	42883048	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	31896457	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	13585	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	662	usd
CY2024Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	13426	usd
CY2024Q1	usio	Issuance Of Deferred Sharebased Compensation IssuanceOfDeferredSharebasedCompensation	0	usd
CY2023Q1	usio	Issuance Of Deferred Sharebased Compensation IssuanceOfDeferredSharebasedCompensation	2444054	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7155687	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5709117	usd
CY2023Q4	usio	Prepaid Card Load Assets Current PrepaidCardLoadAssetsCurrent	31578973	usd
CY2022Q4	usio	Prepaid Card Load Assets Current PrepaidCardLoadAssetsCurrent	20170761	usd
CY2023Q4	usio	Customer Deposits Assets Current CustomerDepositsAssetsCurrent	1865731	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	15068839	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	153226	usd
CY2024Q1	usio	Amortization Of Deferred Compensation AmortizationOfDeferredCompensation	346047	usd
CY2024Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	44823	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-250188	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	15273100	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	13934098	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	195896	usd
CY2023Q1	usio	Amortization Of Deferred Compensation AmortizationOfDeferredCompensation	308676	usd
CY2023Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	8529	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	14833	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	14444974	usd
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<i>Use of Estimates:</i> The preparation of 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	20321615	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	21446244	usd
CY2022Q4	usio	Customer Deposits Assets Current CustomerDepositsAssetsCurrent	1554122	usd
CY2023Q4	usio	Merchant Reserves Current MerchantReservesCurrent	5310095	usd
CY2022Q4	usio	Merchant Reserves Current MerchantReservesCurrent	4909501	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	45910486	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	32343501	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7053812	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	6763813	usd
CY2024Q1	usio	Prepaid Card Load Assets Current PrepaidCardLoadAssetsCurrent	28698878	usd
CY2023Q1	usio	Prepaid Card Load Assets Current PrepaidCardLoadAssetsCurrent	18812954	usd
CY2024Q1	usio	Customer Deposits Assets Current CustomerDepositsAssetsCurrent	1808263	usd
CY2023Q1	usio	Customer Deposits Assets Current CustomerDepositsAssetsCurrent	1575075	usd
CY2024Q1	usio	Merchant Reserves Current MerchantReservesCurrent	5322095	usd
CY2023Q1	usio	Merchant Reserves Current MerchantReservesCurrent	4744615	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	42883048	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	31896457	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	319000	usd
CY2024Q1	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	115473	usd
CY2023Q1	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	207732	usd
CY2023Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2024Q1	us-gaap	Valuation Allowances And Reserves Balance ValuationAllowancesAndReservesBalance	859528	usd
CY2023Q4	us-gaap	Valuation Allowances And Reserves Balance ValuationAllowancesAndReservesBalance	826528	usd
CY2024Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	593255	usd
CY2024Q1	us-gaap	Valuation Allowances And Reserves Deductions ValuationAllowancesAndReservesDeductions	859528	usd
CY2023	us-gaap	Valuation Allowances And Reserves Deductions ValuationAllowancesAndReservesDeductions	826528	usd
CY2024Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	132574	usd
CY2023Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	179901	usd
CY2024Q1	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	725258	usd
CY2023Q4	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	2433353	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	246444	usd
CY2024Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	377740	usd
CY2023Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	294953	usd
CY2024Q1	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	222286	usd
CY2023Q4	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	0	usd
CY2024Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2778067	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	3801278	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-250188	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	14833	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	19990862
CY2023Q1	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	20122972
CY2024Q1	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	6384900
CY2023Q1	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	6385900
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26375762
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26508872
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	945599
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26375762
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27454471
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0
CY2024Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	945599
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	945599
CY2024Q1	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	1500000	usd
CY2024Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	6100000	usd
CY2005Q1	usio	Net Operating Loss Subject To Expiration NetOperatingLossSubjectToExpiration	1768851	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
CY2024Q1	usio	Net Operating Loss Subject To Expiration NetOperatingLossSubjectToExpiration	9291308	usd
CY2023Q1	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	1.75
CY2023Q1	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	1.6

Files In Submission

Name	View Source	Status
0001437749-24-017056-index-headers.html	Edgar Link	pending
0001437749-24-017056-index.html	Edgar Link	pending
0001437749-24-017056.txt	Edgar Link	pending
0001437749-24-017056-xbrl.zip	Edgar Link	pending
ex_641614.htm	Edgar Link	pending
ex_641615.htm	Edgar Link	pending
ex_641616.htm	Edgar Link	pending
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
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R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
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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
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-20240331.xsd	Edgar Link	pending
usio20240331_10q.htm	Edgar Link	pending
usio-20240331_cal.xml	Edgar Link	unprocessable
usio-20240331_lab.xml	Edgar Link	unprocessable
usio-20240331_pre.xml	Edgar Link	unprocessable
usio20240331_10q_htm.xml	Edgar Link	completed
FilingSummary.xml	Edgar Link	unprocessable
usio-20240331_def.xml	Edgar Link	unprocessable

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$USIO
Usio, Inc. Stock $usio

2024 Q2 Form 10-Q Financial Statement

#000143774924017056 Filed on May 15, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$USIO Usio, Inc. Stock $usio

2024 Q2 Form 10-Q Financial Statement

#000143774924017056 Filed on May 15, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$USIO
Usio, Inc. Stock $usio