PAID (PAYD) 10-Q 14 Aug 23 2023 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2023	Aug. 14, 2023
Document Information [Line Items]
Entity Central Index Key	0001017655
Entity Registrant Name	PAID INC
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2023
Entity File Number	0-28720
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	73-1479833
Entity Address, Address Line One	225 Cedar Hill Street
Entity Address, City or Town	Marlborough
Entity Address, State or Province	MA
Entity Address, Postal Zip Code	01752
City Area Code	617
Local Phone Number	861-6050
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		8,010,837

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 1,900,723	$ 1,787,248
Accounts receivable, net	217,174	169,074
Note receivable, net of discount	1,854,167	1,604,167
Prepaid expenses and other current assets	53,149	151,374
Total current assets	4,025,213	3,711,863
Property and equipment, net	17,263	23,487
Intangible assets, net	2,579,215	2,663,311
Operating lease right-of-use assets	5,058	23,063
Total assets	6,626,749	6,421,724
Current liabilities:
Accounts payable	1,555,890	1,610,416
Accrued expenses	401,048	430,858
Contract liabilities	12,475	13,020
Operating lease obligations – current portion	3,601	22,199
Total current liabilities	1,973,014	2,076,493
Long-term liabilities:
Deferred tax liability, net	732,546	707,952
Uncertain tax position liability	265,167	265,167
Total liabilities	2,970,727	3,049,612
Commitments and contingencies
Shareholders' equity:
Common stock, $0.001 par value, 25,000,000 shares authorized; 8,154,474 shares issued and 8,010,837 shares outstanding at June 30, 2023 and 7,840,124 shares issued and 7,696,487 shares outstanding at December 31, 2022	8,154	7,840
Accrued common stock bonus	0	82,180
Additional paid-in capital	73,373,030	72,800,976
Accumulated other comprehensive income	347,836	316,360
Accumulated deficit	(69,908,158)	(69,670,404)
Common stock in treasury, at cost, 143,637 shares at June 30, 2023 and December 31, 2022	(164,840)	(164,840)
Total shareholders' equity	3,656,022	3,372,112
Total liabilities and shareholders' equity	6,626,749	6,421,724
Series A Preferred Stock [Member]
Shareholders' equity:
Series A Preferred stock, $0.001 par value, 5,000,000 shares authorized; no shares issued and outstanding	$ 0	$ 0

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Jun. 30, 2023	Dec. 31, 2022
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	25,000,000	25,000,000
Common stock, shares issued (in shares)	8,154,474	7,840,124
Common stock, shares outstanding (in shares)	8,010,837	7,696,487
Treasury Stock (in shares)	143,637	143,637
Series A Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenues, net	$ 4,130,381	$ 4,535,665	$ 7,936,656	$ 8,145,366
Cost of revenues	3,185,733	3,513,888	6,139,414	6,325,097
Gross profit	944,648	1,021,777	1,797,242	1,820,269
Operating expenses:
Salaries and related	501,329	442,796	996,830	901,305
General and administrative	341,937	299,504	651,954	598,906
Share-based compensation	94,238	41,916	486,776	60,012
Amortization of other intangible assets	74,514	78,472	148,580	160,511
Total operating expenses	1,012,018	862,688	2,284,140	1,720,734
Income (loss) from operations	(67,370)	159,089	(486,898)	99,535
Other income (expense):
Other income	125,000	0	250,000	0
Income (loss) before income tax provision	57,630	159,089	(236,898)	99,535
Income tax provision	456	79,089	856	79,989
Net income (loss)	$ 57,174	$ 80,000	$ (237,754)	$ 19,546
Net income (loss) per share – basic (in dollars per share)	$ 0.01	$ 0.01	$ (0.03)	$ 0
Weighted average number of common shares outstanding - basic (in shares)	8,008,312	7,775,266	7,866,386	7,774,270
Net income (loss) per share – diluted (in dollars per share)	$ 0.01	$ 0.01	$ (0.03)	$ 0
Weighted average number of common shares outstanding - diluted (in shares)	8,013,295	7,801,262	7,866,386	7,804,144
Condensed consolidated statements of comprehensive income (loss):
Net income (loss)	$ 57,174	$ 80,000	$ (237,754)	$ 19,546
Other comprehensive income (loss):
Foreign currency translation adjustments	33,772	(93,288)	31,476	(54,988)
Comprehensive income (loss)	$ 90,946	$ (13,288)	$ (206,278)	$ (35,442)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities:
Net income (loss)	$ (237,754)	$ 19,546
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	155,269	168,219
Amortization of operating lease right-of-use assets	18,241	17,656
Accretion of discount on note receivable	(250,000)	0
Share-based compensation	486,776	60,012
Provision for bad debt	0	13,500
Changes in assets and liabilities:
Accounts receivable	(43,248)	(94,252)
Prepaid expenses and other current assets	99,354	89,330
Accounts payable	(91,440)	120,563
Accrued expenses	(38,036)	49,880
Contract liabilities	(858)	1,771
Operating lease obligations	(18,802)	(18,252)
Net cash provided by operating activities	79,502	427,973
Cash flows from financing activities
Proceeds from option exercises	3,412	0
Net cash provided by financing activities	3,412	0
Effect of exchange rate changes on cash and cash equivalents	30,561	(55,416)
Net change in cash and cash equivalents	113,475	372,557
Cash and cash equivalents, beginning of period	1,787,248	2,839,687
Cash and cash equivalents, end of period	1,900,723	3,212,244
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Income taxes	856	1,356
Interest	0	0
SUPPLEMENTAL DISCLOSURES OF NON-CASH ITEMS
Issuance of common shares in settlement of accrued common stock bonus	$ 82,180	$ 0

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)	Deferred Compensation, Share-Based Payments [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Treasury Stock, Common [Member]	Total
Balance (in shares)		7,807,103				(33,840)
Balance (in shares) at Dec. 31, 2021		7,807,103				(33,840)
Balance at Dec. 31, 2021		$ 7,807	$ 72,691,201	$ 590,067	$ (70,322,550)	$ (57,847)	$ 2,908,678
Foreign currency translation adjustments		0	0	38,300	0	0	38,300
Share-based compensation expense		0	18,096	0	0	0	18,096
Net income (loss)		0	0	0	(60,454)	0	(60,454)
Net income		$ 0	0	0	(60,454)	$ 0	(60,454)
Balance (in shares) at Mar. 31, 2022		7,807,103				(33,840)
Balance at Mar. 31, 2022		$ 7,807	72,709,297	628,367	(70,383,004)	$ (57,847)	2,904,620
Share-based compensation expense		$ 0	18,096	0	0	$ 0	18,096
Balance (in shares) at Dec. 31, 2021		7,807,103				(33,840)
Balance at Dec. 31, 2021		$ 7,807	72,691,201	590,067	(70,322,550)	$ (57,847)	2,908,678
Foreign currency translation adjustments							(54,988)
Net income (loss)							19,546
Net income							19,546
Balance (in shares) at Jun. 30, 2022		7,820,124				(33,840)
Balance at Jun. 30, 2022		$ 7,820	72,751,200	535,079	(70,303,004)	$ (57,847)	2,933,248
Balance (in shares)		7,807,103				(33,840)
Balance (in shares) at Mar. 31, 2022		7,807,103				(33,840)
Balance at Mar. 31, 2022		$ 7,807	72,709,297	628,367	(70,383,004)	$ (57,847)	2,904,620
Foreign currency translation adjustments		0	0	(93,288)	0	0	(93,288)
Share-based compensation expense		0	16,916	0	0	0	16,916
Net income (loss)		$ 0	0	0	80,000	$ 0	80,000
Issuance of common stock for compensation (in shares)		13,021				0
Issuance of common stock for compensation		$ 13	24,987	0	0	$ 0	25,000
Net income		$ 0	0	0	80,000	$ 0	80,000
Balance (in shares) at Jun. 30, 2022		7,820,124				(33,840)
Balance at Jun. 30, 2022		$ 7,820	72,751,200	535,079	(70,303,004)	$ (57,847)	2,933,248
Share-based compensation expense		$ 0	16,916	0	0	$ 0	16,916
Balance (in shares)		7,820,124				(33,840)
Balance (in shares)		7,840,124				(143,637)
Balance (in shares) at Dec. 31, 2022		7,840,124				(143,637)
Balance at Dec. 31, 2022	$ 82,180	$ 7,840	72,800,976	316,360	(69,670,404)	$ (164,840)	3,372,112
Foreign currency translation adjustments	0	0	0	(2,296)	0	0	(2,296)
Share-based compensation expense	0	0	119,100	0	0	0	119,100
Net income (loss)	0	0	0	0	(294,928)	0	(294,928)
Net income	0	$ 0	0	0	(294,928)	$ 0	(294,928)
Balance (in shares) at Mar. 31, 2023		8,137,085				(143,637)
Balance at Mar. 31, 2023	0	$ 8,137	73,275,397	314,064	(69,965,332)	$ (164,840)	3,467,426
Issuance of common stock for accrued bonus (in shares)		46,961				0
Issuance of common stock for accrued bonus	(82,180)	$ 47	82,133	0	0	$ 0	0
Issuance of common stock for signing bonus (in shares)		250,000				0
Issuance of common stock for signing bonus	0	$ 250	273,188	0	0	$ 0	273,438
Share-based compensation expense	0	$ 0	119,100	0	0	$ 0	119,100
Balance (in shares) at Dec. 31, 2022		7,840,124				(143,637)
Balance at Dec. 31, 2022	82,180	$ 7,840	72,800,976	316,360	(69,670,404)	$ (164,840)	3,372,112
Foreign currency translation adjustments							31,476
Net income (loss)							(237,754)
Net income							(237,754)
Balance (in shares) at Jun. 30, 2023		8,154,474				(143,637)
Balance at Jun. 30, 2023	0	$ 8,154	73,373,030	347,836	(69,908,158)	$ (164,840)	3,656,022
Balance (in shares)		8,137,085				(143,637)
Balance (in shares) at Mar. 31, 2023		8,137,085				(143,637)
Balance at Mar. 31, 2023	0	$ 8,137	73,275,397	314,064	(69,965,332)	$ (164,840)	3,467,426
Foreign currency translation adjustments	0	0	0	33,772	0	0	33,772
Share-based compensation expense	0	0	69,238	0	0	0	69,238
Net income (loss)	0	0	0	0	57,174	0	57,174
Net income	0	$ 0	0	0	57,174	$ 0	57,174
Balance (in shares) at Jun. 30, 2023		8,154,474				(143,637)
Balance at Jun. 30, 2023	0	$ 8,154	73,373,030	347,836	(69,908,158)	$ (164,840)	3,656,022
Issuance of common stock for signing bonus (in shares)		13,889				0
Issuance of common stock for signing bonus	0	$ 14	24,986	0	0	$ 0	25,000
Share-based compensation expense	0	$ 0	69,238	0	0	$ 0	69,238
Option exercise (in shares)		3,500				0
Option exercise	$ 0	$ 3	$ 3,409	$ 0	$ 0	$ 0	$ 3,412
Balance (in shares)		8,154,474				(143,637)

Note 1 - Organization and Signi

Note 1 - Organization and Significant Accounting Policies	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	Note 1. PAID, Inc. (“PAID”, the “Company”, “we”, “us”, or “our”) has developed a full line of SaaS-based business services including PaidPayments, PaidCart, PaidShipping and PaidWeb. These solutions are developed to provide businesses with a streamlined experience for website creation, online sales, payment collection and shipping all in one PaidWeb offers a robust platform enabling small and medium businesses to launch websites via our catalog of templates. Our platform includes a wide array of features such as mobile editing, search engine optimization, collaboration tools, pre-designed templates, and can be integrated with multiple platforms. PaidCart serves as a comprehensive solution for small and medium businesses looking to expand their online sales through multiple channels. It provides a centralized system to manage sales across various platforms, with additional functionalities for currency and language management, promotional sales, and abandoned cart recovery. PaidPayments and PaidShipping seamlessly interface with PaidCart to facilitate the checkout and shipping processes. Operating as a Payment Facilitator since 2019, ShipTime Canada Inc. (“ShipTime”) has developed a SaaS-based application, which focuses on the small and medium business segments. This offering allows members to quote, process, generate labels, dispatch and track courier and LTL shipments all from a single interface. The application provides customers with a choice of today’s leading couriers and freight carriers all with discounted pricing allowing members to save on every shipment. ShipTime can also be integrated into on-line shopping carts to facilitate sales via e-commerce. We actively sell directly to small and medium businesses and through long standing partnerships with selected associations throughout Canada. AuctionInc, which is a suite of online shipping and tax management tools assisting businesses with e-commerce storefronts, shipping solutions, tax calculation, and auction processing. The product has tools to assist with other aspects of the fulfillment process, but the main purpose of the product is to provide accurate shipping and tax calculations and packaging algorithms that provide customers with the best possible shipping and tax solutions. Paid also offers BeerRun Software which is a brewery management and Alcohol and Tobacco Tax and Trade Bureau tax reporting software. Small craft brewers can utilize the product to manage brewery schedules, inventory, packaging, sales and purchasing. Tax reporting can be processed with a single click and is fully customizable by state or province. General Presentation and Basis of Condensed Consolidated Financial Statements The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”), and with the rules and regulations of the Securities and Exchange Commission ("SEC") regarding interim financial reporting. Accordingly, they do not 10 December 31, 2022 March 31, 2023. In the opinion of management, the Company has prepared the accompanying unaudited condensed consolidated financial statements on the same basis as its audited consolidated financial statements, and these unaudited condensed consolidated financial statements include all adjustments, consisting of normal recurring adjustments necessary for a fair presentation of the results of the interim periods presented. The operating results for the interim periods presented are not 2023. Liquidity and Management s Plans At June 30, 2023, six June 30, 2023. six June 30, 2023 June 30, 2023. Management believes that the Company has adequate cash resources to fund operations during the next 12 10 no Although there can be no August 2024 Principles of Consolidation The condensed consolidated financial statements include the accounts of PAID, Inc. and its wholly owned subsidiaries, PAID Run, LLC and ShipTime Canada, Inc. All intercompany accounts and transactions have been eliminated. Foreign Currency The currency of ShipTime, the Company’s international subsidiary, is in Canadian dollars. Foreign currency denominated assets and liabilities are translated into U.S. dollars using the exchange rates in effect at June 30, 2023 December 31, 2022. Geographic Concentrations The Company conducts business in the U.S. and Canada. For customers headquartered in their respective countries, the Company derived approximately 99% of its revenues from Canada and 1% from the U.S. during the three six June 30, 2023 2022. At June 30, 2023, Right of Use Assets A right-of-use asset represents a lessee’s right to use a leased asset for the term of the lease. Our right-of-use assets generally consist of an operating lease for a building. Right-of-use assets are measured initially at the present value of the lease payments, plus any lease payments made before a lease began and any initial direct costs, such as commissions paid to obtain a lease. Right-of-use assets are subsequently measured at the present value of the remaining lease payments, adjusted for incentives, prepaid or accrued rent, and any initial direct costs not Long-Lived Assets The Company reviews the carrying values of its long-lived assets for possible impairment whenever events or changes in circumstances indicate that the carrying amount may not No three six June 30, 2023 2022. no not Revenue Recognition The Company generates revenue principally from fees for coordinating shipping services, sales of shipping calculator subscriptions, brewery management software subscriptions, merchant processing services and client services. The Company recognizes revenue by taking into consideration the following five 1 2 3 4 5 not Nature of Goods and Services For label generation service revenues, the Company recognizes revenue when a customer has successfully prepared a shipping label and scheduled a pickup. Customers with pickups after the end of the reporting period are recorded as contract liabilities on the condensed consolidated balance sheets. The service is offered to consumers via an online registration and allows users to create a shipping label using a credit card on their account (all customers must have a valid credit card on file to process shipments on the ShipTime platform). For shipping calculator revenues and brewery management software revenues, the Company recognizes subscription revenue on a monthly basis. Shipping calculator customers’ renewal dates are based on their date of installation and registration of the shipping calculator line of products. The timing of the revenue recognition and cash collection may first Merchant processing revenue consists of fees a seller pays us to process their payment transactions and is recognized upon authorization of a transaction. Revenue is recognized net of estimated refunds, which are reversals of transactions initiated by sellers. We act as the merchant of record for our sellers, which puts us in their shoes with respect to card networks and puts the risk for refunds and chargebacks on us. The gross transaction fees collected from sellers is recognized as revenue as we are the primary obligor to the seller and are responsible for processing the payment, have latitude in establishing pricing with respect to the sellers and other terms of service, have sole discretion in selecting the third Revenue Disaggregation The Company operates in six reportable segments (see below). Performance Obligations At contract inception, an assessment of the goods and services promised in the contracts with customers is performed and a performance obligation is identified for each distinct promise to transfer to the customer a good or service (or bundle of goods or services). To identify the performance obligations, the Company considers all of the goods or services promised in the contract regardless of whether they are explicitly stated or are implied by customary business practices. Revenue is recognized when the performance obligation has been met, which is when the customer has successfully prepared a shipping label and scheduled a pickup for shipping coordination and label generation services. The Company considers control to have transferred at that time because the Company has a present right to payment at that time, the Company has provided the shipping label, and the customer is able to direct the use of, and obtain substantially all of the remaining benefits from the shipping label. For arrangements under which the Company provides a subscription for shipping calculator services and brewery management software, the Company satisfies its performance obligations over the life of the subscription, typically twelve Customers of PaidPayments receive a merchant identification number which allows them to process credit card transactions. Once the transaction is approved, the funds are disbursed in an overnight feed and the Company has met its performance obligation. The Company has no Revenues are recognized net of any taxes collected from customers, which are subsequently remitted to government authorities. Significant Payment Terms Pursuant to the Company’s contracts with its customers, amounts are collected up front primarily through credit/debit card transactions. The Company has offered its customers consolidated payments which are billed weekly and are paid with a credit card on file. Accordingly, the Company determined that its contracts with customers do not Variable Consideration In some cases, the nature of the Company’s contracts may Variable consideration is estimated at the most likely amount that is expected to be earned. Estimated amounts are included in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized will not Revenues are recorded net of variable consideration, such as rebates, refunds, and cancellations. Warranties The Company’s products and services are provided on an “as is” basis and no not Contract Assets Typically, the Company has already collected revenue from the customer at the time it has satisfied its performance obligation. Accordingly, the Company has only a small balance of accounts receivable, totaling $217,174 and $169,074 as of June 30, 2023 December 31, 2022, no 10% June 30, 2023. not Contract Liabilities (Deferred Revenue) Contract liabilities are recorded when cash payments are received in advance of the Company’s performance (including rebates). Contract liabilities were $12,475 and $13,020 at June 30, 2023 December 31, 2022, six June 30, 2023, Income (Loss) Per Common Share Basic earnings (loss) per share represent income (loss) divided by the weighted-average number of common shares outstanding during the period. Diluted income (loss) per share reflects additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income (loss) that would result from the assumed issuance. The potential common shares that may For the the six June 30, 2023, The following is a reconciliation of the numerators and denominators of the basic and diluted income (loss) per common share computations for the three six June 30, 2023 2022. Three Months Ended June 30, 2023 Three Months Ended June 30, 2022 Numerator: Net income $ 57,174 $ 80,000 Denominator: Basic weighted-average shares outstanding 8,008,312 7,775,266 Effect of dilutive securities 4,983 25,996 Diluted weighted-average shares outstanding 8,013,295 7,801,262 Basic income per common share $ 0.01 $ 0.01 Diluted income per common share $ 0.01 $ 0.01 Six Months Ended June 30, 2023 Six Months Ended June 30, 2022 Numerator: Net income (loss) $ (237,754 ) $ 19,546 Denominator: Basic weighted-average shares outstanding 7,866,386 7,774,270 Effect of dilutive securities - 29,874 Diluted weighted-average shares outstanding 7,866,386 7,804,144 Basic income (loss) per share $ (0.03 ) $ - Diluted income (loss) per share $ (0.03 ) $ - Segment Reporting The Company reports information about segments of its business in its annual consolidated financial statements and reports selected segment information in its quarterly reports issued to shareholders. The Company also reports on its entity-wide disclosures about the products and services it provides and reports revenues and its major customers. The Company’s six reportable segments are managed separately based on fundamental differences in their operations. At June 30, 2023, a. Client services; b. Shipping calculator services; c. Brewery management software; d. Merchant processing services; e. Shipping coordination and label generation services; and f. Corporate operations The Company evaluates performance and allocates resources based upon operating income. The accounting policies of the reportable segments are the same as those described in this summary of significant accounting policies. The Company’s chief operating decision maker is the Chief Executive Officer/Chief Financial Officer. The following table compares total revenue for the periods indicated. Three Months Ended Six Months Ended June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Client services $ 28 $ 477 $ 66 $ 757 Shipping calculator services 516 987 1,168 6,531 Brewery management software 8,275 8,356 16,250 17,731 Merchant processing services 15,375 4,445 40,218 16,498 Shipping coordination and label generation services 4,106,187 4,521,400 7,878,954 8,103,849 Total revenues $ 4,130,381 $ 4,535,665 $ 7,936,656 $ 8,145,366 The following table compares total income (loss) from operations for the periods indicated. Three Months Ended Six Months Ended June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Client services $ 28 $ 365 $ 66 $ 645 Shipping calculator services (391 ) (1,076 ) (736 ) 2,489 Brewery management software 4,348 (19,323 ) 6,773 (24,066 ) Merchant processing services 4,937 (4,060 ) 10,696 (21 ) Shipping coordination and label generation services (54,978 ) 214,784 (352,735 ) 181,143 Corporate operations (21,314 ) (31,601 ) (150,962 ) (60,655 ) Total income (loss) from operations $ (67,370 ) $ 159,089 $ (486,898 ) $ 99,535 Subsequent Events On July 25, 2023, July 19, 2023 not 2 nine Recent Accounting Pronouncements In September 2016, No. 2016 13, 326 2016 13” 2016 13, December 15, 2022. 2016 13 January 1, 2023. June 30, 2023, no one no not June 30, 2023, no no

Note 2 - Notes Receivable

Note 2 - Notes Receivable	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Financing Receivables [Text Block]	Note 2. On October 13, 2022, 9 six June 30, 2023. 5 first October 19, 2022. five July 19, 2023 July 25, 2023 1

Note 3 - Accrued Expenses

Note 3 - Accrued Expenses	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	Note 3. Accrued expenses are comprised of the following: June 30, 2023 (unaudited) December 31, 2022 Payroll and related costs $ 148,271 $ 195,803 Professional and consulting - 3,685 Royalties 40,075 40,075 Accrued cost of revenues 190,064 168,657 Sales tax 22,228 22,228 Other 410 410 Total $ 401,048 $ 430,858

Note 4 - Intangible Assets

Note 4 - Intangible Assets	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	Note 4. The Company holds several patents for the real-time calculation of shipping costs for items purchased through online auctions using a zip code as a destination location indicator. It includes shipping charge calculations across multiple carriers and accounts for additional characteristics of the item being shipped, such as weight, special packaging or handling, and insurance costs. These patents help facilitate rapid and accurate estimation of shipping costs across multiple shipping carriers and also include real-time calculation of shipping. In addition, the Company has various other intangibles from past business combinations. At June 30, 2023, Patents Trade Name Technology & Software Customer Relationships Total Gross carrying amount $ 16,000 $ 809,158 $ 600,515 $ 4,756,005 $ 6,181,678 Accumulated amortization (16,000 ) (809,158 ) (600,515 ) (2,176,790 ) (3,602,463 ) $ - $ - $ - $ 2,579,215 $ 2,579,215 At December 31, 2022, Patents Trade Name Technology & Software Customer Relationships Total Gross carrying amount $ 16,000 $ 789,212 $ 587,776 $ 4,644,033 $ 6,037,021 Accumulated amortization (16,000 ) (789,212 ) (587,776 ) (1,980,722 ) (3,373,710 ) $ - $ - $ - $ 2,663,311 $ 2,663,311 Amortization expense of intangible assets for the three June 30, 2023 2022 six June 30, 2023 2022

Note 5 - Commitments and Contin

Note 5 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 5. Legal Matters In the normal course of business, the Company periodically becomes involved in litigation and disputes. During 2021, February 2020, not five 2021, July 2022, March 2021. not Indemnities and Guarantees The Company has made certain indemnities and guarantees, under which it may not not no

Note 6 - Shareholders' Equity

Note 6 - Shareholders' Equity	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Shareholders' Equity and Share-Based Payments [Text Block]	Note 6. Equity Preferred Stock The Company’s amended Certificate of Incorporation authorizes the issuance of 20,000,000 shares of blank-check preferred stock at $0.001 par value. The Board of Directors will be authorized to fix the designations, rights, preferences, powers and limitations of each series of the preferred stock. The Company filed a Certificate of Designations effective on December 30, 2016, 30 no may June 30, 2023 December 31, 2022, Common Stock In February 2020, one one one 2020, two June 30, 2023 On March 21, 2023, one one 2022. March 20, 2023 March 2023. December 31, 2022. 2023 January 1, 2024. three six June 30, 2023 On March 21, 2023, March 31, 2023 April 10, 2023. three June 30, 2023 second 2022, one three six June 30, 2022. 4 2 506 Share-based Incentive Plans On March 23, 2018, 2018 three November 10, 2020, 2018 For the three six June 30, 2023, 2023 three six June 30, 2022, 2022 On May 12, 2023, one one

Note 7 - Leases

Note 7 - Leases	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Lessee, Operating Leases and Finance Lease [Text Block]	Note 7. We have operating leases for our corporate offices in Canada. Our leases have remaining lease terms of one two four not We report operating leased assets, as well as operating lease current and noncurrent obligations on our balance sheets for the right to use the building in our business. The components of lease expense were as follows: Three Months Ended June 30, 2023 Three Months Ended June 30, 2022 Operating lease cost $ 9,508 $ 10,015 Six Months Ended June 30, 2023 Six Months Ended June 30, 2022 Operating lease cost $ 18,959 $ 20,108 Supplemental cash flow information related to leases was as follows: Six Months Ended Six Months Ended Cash paid for amounts included in leases: Operating cash flows from operating leases $ 19,522 $ 20,704 Supplemental balance sheet information related to leases was as follows: June 30, 2023 December 31, 2022 Operating leases: Operating lease right-of-use assets $ 5,058 $ 23,063 Current portion of operating lease obligations $ 3,601 $ 22,199 Operating lease obligations, net of current portion - - Total operating lease liabilities $ 3,601 $ 22,199 June 30, 2023 December 31, 2022 Weighted Average Remaining Lease Term Operating lease (in years) 0.1 0.6 Weighted Average Discount Rate Operating lease 9.0 % 9.0 % A summary of future minimum payments under non-cancellable operating lease commitment as of June 30, 2023 Years ending December 31, Total 2023 (remainder of year) 4,548 Total lease liabilities $ 4,548 Less amount representing interest (947 ) Total 3,601 Less current portion (3,601 ) $ -

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	General Presentation and Basis of Condensed Consolidated Financial Statements The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”), and with the rules and regulations of the Securities and Exchange Commission ("SEC") regarding interim financial reporting. Accordingly, they do not 10 December 31, 2022 March 31, 2023. In the opinion of management, the Company has prepared the accompanying unaudited condensed consolidated financial statements on the same basis as its audited consolidated financial statements, and these unaudited condensed consolidated financial statements include all adjustments, consisting of normal recurring adjustments necessary for a fair presentation of the results of the interim periods presented. The operating results for the interim periods presented are not 2023.
Liquidity and Management’s Plans, Policy [Policy Text Block]	Liquidity and Management s Plans At June 30, 2023, six June 30, 2023. six June 30, 2023 June 30, 2023. Management believes that the Company has adequate cash resources to fund operations during the next 12 10 no Although there can be no August 2024
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The condensed consolidated financial statements include the accounts of PAID, Inc. and its wholly owned subsidiaries, PAID Run, LLC and ShipTime Canada, Inc. All intercompany accounts and transactions have been eliminated.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency The currency of ShipTime, the Company’s international subsidiary, is in Canadian dollars. Foreign currency denominated assets and liabilities are translated into U.S. dollars using the exchange rates in effect at June 30, 2023 December 31, 2022.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Geographic Concentrations The Company conducts business in the U.S. and Canada. For customers headquartered in their respective countries, the Company derived approximately 99% of its revenues from Canada and 1% from the U.S. during the three six June 30, 2023 2022. At June 30, 2023,
Lessee, Leases [Policy Text Block]	Right of Use Assets A right-of-use asset represents a lessee’s right to use a leased asset for the term of the lease. Our right-of-use assets generally consist of an operating lease for a building. Right-of-use assets are measured initially at the present value of the lease payments, plus any lease payments made before a lease began and any initial direct costs, such as commissions paid to obtain a lease. Right-of-use assets are subsequently measured at the present value of the remaining lease payments, adjusted for incentives, prepaid or accrued rent, and any initial direct costs not
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Long-Lived Assets The Company reviews the carrying values of its long-lived assets for possible impairment whenever events or changes in circumstances indicate that the carrying amount may not No three six June 30, 2023 2022. no not
Revenue [Policy Text Block]	Revenue Recognition The Company generates revenue principally from fees for coordinating shipping services, sales of shipping calculator subscriptions, brewery management software subscriptions, merchant processing services and client services. The Company recognizes revenue by taking into consideration the following five 1 2 3 4 5 not Nature of Goods and Services For label generation service revenues, the Company recognizes revenue when a customer has successfully prepared a shipping label and scheduled a pickup. Customers with pickups after the end of the reporting period are recorded as contract liabilities on the condensed consolidated balance sheets. The service is offered to consumers via an online registration and allows users to create a shipping label using a credit card on their account (all customers must have a valid credit card on file to process shipments on the ShipTime platform). For shipping calculator revenues and brewery management software revenues, the Company recognizes subscription revenue on a monthly basis. Shipping calculator customers’ renewal dates are based on their date of installation and registration of the shipping calculator line of products. The timing of the revenue recognition and cash collection may first Merchant processing revenue consists of fees a seller pays us to process their payment transactions and is recognized upon authorization of a transaction. Revenue is recognized net of estimated refunds, which are reversals of transactions initiated by sellers. We act as the merchant of record for our sellers, which puts us in their shoes with respect to card networks and puts the risk for refunds and chargebacks on us. The gross transaction fees collected from sellers is recognized as revenue as we are the primary obligor to the seller and are responsible for processing the payment, have latitude in establishing pricing with respect to the sellers and other terms of service, have sole discretion in selecting the third Revenue Disaggregation The Company operates in six reportable segments (see below). Performance Obligations At contract inception, an assessment of the goods and services promised in the contracts with customers is performed and a performance obligation is identified for each distinct promise to transfer to the customer a good or service (or bundle of goods or services). To identify the performance obligations, the Company considers all of the goods or services promised in the contract regardless of whether they are explicitly stated or are implied by customary business practices. Revenue is recognized when the performance obligation has been met, which is when the customer has successfully prepared a shipping label and scheduled a pickup for shipping coordination and label generation services. The Company considers control to have transferred at that time because the Company has a present right to payment at that time, the Company has provided the shipping label, and the customer is able to direct the use of, and obtain substantially all of the remaining benefits from the shipping label. For arrangements under which the Company provides a subscription for shipping calculator services and brewery management software, the Company satisfies its performance obligations over the life of the subscription, typically twelve Customers of PaidPayments receive a merchant identification number which allows them to process credit card transactions. Once the transaction is approved, the funds are disbursed in an overnight feed and the Company has met its performance obligation. The Company has no Revenues are recognized net of any taxes collected from customers, which are subsequently remitted to government authorities. Significant Payment Terms Pursuant to the Company’s contracts with its customers, amounts are collected up front primarily through credit/debit card transactions. The Company has offered its customers consolidated payments which are billed weekly and are paid with a credit card on file. Accordingly, the Company determined that its contracts with customers do not Variable Consideration In some cases, the nature of the Company’s contracts may Variable consideration is estimated at the most likely amount that is expected to be earned. Estimated amounts are included in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized will not Revenues are recorded net of variable consideration, such as rebates, refunds, and cancellations. Warranties The Company’s products and services are provided on an “as is” basis and no not Contract Assets Typically, the Company has already collected revenue from the customer at the time it has satisfied its performance obligation. Accordingly, the Company has only a small balance of accounts receivable, totaling $217,174 and $169,074 as of June 30, 2023 December 31, 2022, no 10% June 30, 2023. not Contract Liabilities (Deferred Revenue) Contract liabilities are recorded when cash payments are received in advance of the Company’s performance (including rebates). Contract liabilities were $12,475 and $13,020 at June 30, 2023 December 31, 2022, six June 30, 2023,
Earnings Per Share, Policy [Policy Text Block]	Income (Loss) Per Common Share Basic earnings (loss) per share represent income (loss) divided by the weighted-average number of common shares outstanding during the period. Diluted income (loss) per share reflects additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income (loss) that would result from the assumed issuance. The potential common shares that may For the the six June 30, 2023, The following is a reconciliation of the numerators and denominators of the basic and diluted income (loss) per common share computations for the three six June 30, 2023 2022. Three Months Ended June 30, 2023 Three Months Ended June 30, 2022 Numerator: Net income $ 57,174 $ 80,000 Denominator: Basic weighted-average shares outstanding 8,008,312 7,775,266 Effect of dilutive securities 4,983 25,996 Diluted weighted-average shares outstanding 8,013,295 7,801,262 Basic income per common share $ 0.01 $ 0.01 Diluted income per common share $ 0.01 $ 0.01 Six Months Ended June 30, 2023 Six Months Ended June 30, 2022 Numerator: Net income (loss) $ (237,754 ) $ 19,546 Denominator: Basic weighted-average shares outstanding 7,866,386 7,774,270 Effect of dilutive securities - 29,874 Diluted weighted-average shares outstanding 7,866,386 7,804,144 Basic income (loss) per share $ (0.03 ) $ - Diluted income (loss) per share $ (0.03 ) $ -
Segment Reporting, Policy [Policy Text Block]	Segment Reporting The Company reports information about segments of its business in its annual consolidated financial statements and reports selected segment information in its quarterly reports issued to shareholders. The Company also reports on its entity-wide disclosures about the products and services it provides and reports revenues and its major customers. The Company’s six reportable segments are managed separately based on fundamental differences in their operations. At June 30, 2023, a. Client services; b. Shipping calculator services; c. Brewery management software; d. Merchant processing services; e. Shipping coordination and label generation services; and f. Corporate operations The Company evaluates performance and allocates resources based upon operating income. The accounting policies of the reportable segments are the same as those described in this summary of significant accounting policies. The Company’s chief operating decision maker is the Chief Executive Officer/Chief Financial Officer. The following table compares total revenue for the periods indicated. Three Months Ended Six Months Ended June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Client services $ 28 $ 477 $ 66 $ 757 Shipping calculator services 516 987 1,168 6,531 Brewery management software 8,275 8,356 16,250 17,731 Merchant processing services 15,375 4,445 40,218 16,498 Shipping coordination and label generation services 4,106,187 4,521,400 7,878,954 8,103,849 Total revenues $ 4,130,381 $ 4,535,665 $ 7,936,656 $ 8,145,366 The following table compares total income (loss) from operations for the periods indicated. Three Months Ended Six Months Ended June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Client services $ 28 $ 365 $ 66 $ 645 Shipping calculator services (391 ) (1,076 ) (736 ) 2,489 Brewery management software 4,348 (19,323 ) 6,773 (24,066 ) Merchant processing services 4,937 (4,060 ) 10,696 (21 ) Shipping coordination and label generation services (54,978 ) 214,784 (352,735 ) 181,143 Corporate operations (21,314 ) (31,601 ) (150,962 ) (60,655 ) Total income (loss) from operations $ (67,370 ) $ 159,089 $ (486,898 ) $ 99,535
Subsequent Events, Policy [Policy Text Block]	Subsequent Events On July 25, 2023, July 19, 2023 not 2 nine
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In September 2016, No. 2016 13, 326 2016 13” 2016 13, December 15, 2022. 2016 13 January 1, 2023. June 30, 2023, no one no not June 30, 2023, no no

Note 1 - Organization and Sig_2

Note 1 - Organization and Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended June 30, 2023 Three Months Ended June 30, 2022 Numerator: Net income $ 57,174 $ 80,000 Denominator: Basic weighted-average shares outstanding 8,008,312 7,775,266 Effect of dilutive securities 4,983 25,996 Diluted weighted-average shares outstanding 8,013,295 7,801,262 Basic income per common share $ 0.01 $ 0.01 Diluted income per common share $ 0.01 $ 0.01 Six Months Ended June 30, 2023 Six Months Ended June 30, 2022 Numerator: Net income (loss) $ (237,754 ) $ 19,546 Denominator: Basic weighted-average shares outstanding 7,866,386 7,774,270 Effect of dilutive securities - 29,874 Diluted weighted-average shares outstanding 7,866,386 7,804,144 Basic income (loss) per share $ (0.03 ) $ - Diluted income (loss) per share $ (0.03 ) $ -
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended Six Months Ended June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Client services $ 28 $ 477 $ 66 $ 757 Shipping calculator services 516 987 1,168 6,531 Brewery management software 8,275 8,356 16,250 17,731 Merchant processing services 15,375 4,445 40,218 16,498 Shipping coordination and label generation services 4,106,187 4,521,400 7,878,954 8,103,849 Total revenues $ 4,130,381 $ 4,535,665 $ 7,936,656 $ 8,145,366 Three Months Ended Six Months Ended June 30, 2023 June 30, 2022 June 30, 2023 June 30, 2022 Client services $ 28 $ 365 $ 66 $ 645 Shipping calculator services (391 ) (1,076 ) (736 ) 2,489 Brewery management software 4,348 (19,323 ) 6,773 (24,066 ) Merchant processing services 4,937 (4,060 ) 10,696 (21 ) Shipping coordination and label generation services (54,978 ) 214,784 (352,735 ) 181,143 Corporate operations (21,314 ) (31,601 ) (150,962 ) (60,655 ) Total income (loss) from operations $ (67,370 ) $ 159,089 $ (486,898 ) $ 99,535

Note 3 - Accrued Expenses (Tabl

Note 3 - Accrued Expenses (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	June 30, 2023 (unaudited) December 31, 2022 Payroll and related costs $ 148,271 $ 195,803 Professional and consulting - 3,685 Royalties 40,075 40,075 Accrued cost of revenues 190,064 168,657 Sales tax 22,228 22,228 Other 410 410 Total $ 401,048 $ 430,858

Note 4 - Intangible Assets (Tab

Note 4 - Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Patents Trade Name Technology & Software Customer Relationships Total Gross carrying amount $ 16,000 $ 809,158 $ 600,515 $ 4,756,005 $ 6,181,678 Accumulated amortization (16,000 ) (809,158 ) (600,515 ) (2,176,790 ) (3,602,463 ) $ - $ - $ - $ 2,579,215 $ 2,579,215 Patents Trade Name Technology & Software Customer Relationships Total Gross carrying amount $ 16,000 $ 789,212 $ 587,776 $ 4,644,033 $ 6,037,021 Accumulated amortization (16,000 ) (789,212 ) (587,776 ) (1,980,722 ) (3,373,710 ) $ - $ - $ - $ 2,663,311 $ 2,663,311

Note 7 - Leases (Tables)

Note 7 - Leases (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Lease, Cost [Table Text Block]	Three Months Ended June 30, 2023 Three Months Ended June 30, 2022 Operating lease cost $ 9,508 $ 10,015 Six Months Ended June 30, 2023 Six Months Ended June 30, 2022 Operating lease cost $ 18,959 $ 20,108
Cash Flow, Leases, Lessee [Table Text Block]	Six Months Ended Six Months Ended Cash paid for amounts included in leases: Operating cash flows from operating leases $ 19,522 $ 20,704
Balance Sheet, Leases, Lessee [Table Text Block]	June 30, 2023 December 31, 2022 Operating leases: Operating lease right-of-use assets $ 5,058 $ 23,063 Current portion of operating lease obligations $ 3,601 $ 22,199 Operating lease obligations, net of current portion - - Total operating lease liabilities $ 3,601 $ 22,199
Weighted Average Remaining Lease Term and Discount Rate [Table Text Block]	June 30, 2023 December 31, 2022 Weighted Average Remaining Lease Term Operating lease (in years) 0.1 0.6 Weighted Average Discount Rate Operating lease 9.0 % 9.0 %
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]	Years ending December 31, Total 2023 (remainder of year) 4,548 Total lease liabilities $ 4,548 Less amount representing interest (947 ) Total 3,601 Less current portion (3,601 ) $ -

Note 1 - Organization and Sig_3

Note 1 - Organization and Significant Accounting Policies (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Jul. 25, 2023	Dec. 31, 2022
Cash and Cash Equivalents, at Carrying Value	$ 1,900,723		$ 1,900,723			$ 1,787,248
Net Working Capital	2,052,199		2,052,199
Net Cash Provided by (Used in) Operating Activities			79,502	$ 427,973
Operating Income (Loss)	(67,370)	$ 159,089	(486,898)	$ 99,535
Retained Earnings (Accumulated Deficit)	(69,908,158)		$ (69,908,158)			(69,670,404)
Number of Reportable Segments			6
Accounts Receivable, after Allowance for Credit Loss, Current	217,174		$ 217,174			169,074
Contract with Customer, Liability	12,475		12,475			13,020
Contract with Customer, Liability, Revenue Recognized			$ 13,020
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)			6,400
Financing Receivable, after Allowance for Credit Loss, Current	$ 1,854,167		$ 1,854,167			$ 1,604,167
Embolx [Member] | Subsequent Event [Member]
Note Receivable, Increase in Face Value, Percentage					20%
Note Receivable, Over Allotment Option					$ 500,000
Note Receivable, Purchase Discount					25%
Notes Receivable, Liquidation Preference on Face Value					2.75
CANADA
Property and Equipment Net Percentages	100%		100%
CANADA | Revenue from Contract with Customer Benchmark [Member] | Customer Concentration Risk [Member]
Concentration Risk, Percentage	99%		99%
UNITED STATES | Revenue from Contract with Customer Benchmark [Member] | Customer Concentration Risk [Member]
Concentration Risk, Percentage	1%		1%

Note 1 - Organization and Sig_4

Note 1 - Organization and Significant Accounting Policies - Reconciliation of Basic and Diluted Earnings Per Share (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Net income	$ 57,174	$ 80,000	$ (237,754)	$ 19,546
Weighted average number of common shares outstanding - basic (in shares)	8,008,312	7,775,266	7,866,386	7,774,270
Effect of dilutive securities (in shares)	4,983	25,996	0	29,874
Diluted weighted-average shares outstanding (in shares)	8,013,295	7,801,262	7,866,386	7,804,144
Basic income per common share (in dollars per share)	$ 0.01	$ 0.01	$ (0.03)	$ 0
Diluted income per common share (in dollars per share)	$ 0.01	$ 0.01	$ (0.03)	$ 0

Note 1 - Organization and Sig_5

Note 1 - Organization and Significant Accounting Policies - Schedule of Segment Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenues, net	$ 4,130,381	$ 4,535,665	$ 7,936,656	$ 8,145,366
Operating income loss	(67,370)	159,089	(486,898)	99,535
Service [Member]
Revenues, net	28	477	66	757
Operating income loss	28	365	66	645
Shipping Calculator Services [Member]
Revenues, net	516	987	1,168	6,531
Operating income loss	(391)	(1,076)	(736)	2,489
Brewery Management Software [Member]
Revenues, net	8,275	8,356	16,250	17,731
Operating income loss	4,348	(19,323)	6,773	(24,066)
Merchant Processing Services [Member]
Revenues, net	15,375	4,445	40,218	16,498
Operating income loss	4,937	(4,060)	10,696	(21)
Shipping Coordination and Label Generation Services [Member]
Revenues, net	4,106,187	4,521,400	7,878,954	8,103,849
Operating income loss	(54,978)	214,784	(352,735)	181,143
Corporate Operations [Member]
Operating income loss	$ (21,314)	$ (31,601)	$ (150,962)	$ (60,655)

Note 2 - Notes Receivable (Deta

Note 2 - Notes Receivable (Details Textual) - USD ($)	Oct. 13, 2022	Oct. 31, 2022
Warrant [Member]
Investment, Expiration Term (Year)	5 years
Investment, Purchase Price, Percentage of Original Principal		50%
Securities Purchase Agreement [Member]
Financing Receivable, after Allowance for Credit Loss, Total	$ 1,875,000
Note Receivable, Purchase Discount	20%
Financing Receivable, Unamortized Purchase Premium (Discount)	$ (375,000)
Financing Receivable, Term (Month)	9 months
Financing Receivable, Interest Rate, Stated Percentage	20%
Investment Income, Amortization of Discount	$ 250,000
Note Receivable, Potential Investment Amount	2,000,000
Note Receivable, Over Allotment Option	$ 500,000

Note 3 - Accrued Expenses - Sch

Note 3 - Accrued Expenses - Schedule of Accrued Expenses (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Payroll and related costs	$ 148,271	$ 195,803
Professional and consulting	0	3,685
Royalties	40,075	40,075
Accrued cost of revenues	190,064	168,657
Sales tax	22,228	22,228
Other	410	410
Total	$ 401,048	$ 430,858

Note 4 - Intangible Assets (Det

Note 4 - Intangible Assets (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Amortization of Intangible Assets	$ 74,514	$ 78,472	$ 148,580	$ 160,511

Note 4 - Intangible Assets - Sc

Note 4 - Intangible Assets - Schedule of Intangible Assets (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Intangible asset, gross	$ 6,181,678	$ 6,037,021
Accumulated amortizatio	(3,602,463)	(3,373,710)
Finite-Lived Intangible Assets, Net	2,579,215	2,663,311
Patents [Member]
Intangible asset, gross	16,000	16,000
Accumulated amortizatio	(16,000)	(16,000)
Finite-Lived Intangible Assets, Net	0	0
Trade Names [Member]
Intangible asset, gross	809,158	789,212
Accumulated amortizatio	(809,158)	(789,212)
Finite-Lived Intangible Assets, Net	0	0
Technology and Software [Member]
Intangible asset, gross	600,515	587,776
Accumulated amortizatio	(600,515)	(587,776)
Finite-Lived Intangible Assets, Net	0	0
Customer Relationships [Member]
Intangible asset, gross	4,756,005	4,644,033
Accumulated amortizatio	(2,176,790)	(1,980,722)
Finite-Lived Intangible Assets, Net	$ 2,579,215	$ 2,663,311

Note 6 - Shareholders' Equity (

Note 6 - Shareholders' Equity (Details Textual) - USD ($)						1 Months Ended		3 Months Ended			6 Months Ended		12 Months Ended
	May 12, 2023	Mar. 21, 2023	Mar. 20, 2023	Mar. 21, 2021	Jan. 31, 2020	Feb. 29, 2020	Feb. 28, 2020	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2020	Dec. 31, 2022	Nov. 10, 2020	Mar. 23, 2018	Dec. 30, 2016
Preferred Stock, Shares Authorized (in shares)									20,000,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share)									$ 0.001
Common Stock Shares Exchanged (in shares)													178,000
Stock Issued During Period, Value, Issued for Services										$ 25,000
Deferred Compensation Arrangement with Individual, Shares Issued (in shares)										13,021
Share-Based Payment Arrangement, Expense								$ 94,238		$ 41,916	$ 486,776	$ 60,012
Deferred Compensation Arrangement with Individual, Fair Value of Shares Issued										$ 25,000
Deferred Compensation Arrangement with Individual, Exercise Price (in dollars per share)										$ 1.92
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period (in shares)	3,500
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price (in dollars per share)	$ 0.975
Proceeds from Stock Options Exercised	$ 3,412										3,412	0
Non-qualified Stock Option [Member] | Two Thousand Eighteen Stock Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)															900,000	450,000
Share-Based Payment Arrangement, Option [Member]
Share-Based Payment Arrangement, Expense								14,550		$ 133,650	16,916	$ 35,012
CEO/CFO [Member]
Stock Issued During Period, Shares, Issued for Services (in shares)		46,961
Stock Issued During Period, Value, Issued for Services			$ 82,180
Share-Based Payment Arrangement, Expense								$ 54,688			$ 328,126
Deferred Compensation Arrangement with Individual, Shares Subject to Repurchase (in shares)								125,000			125,000
Chief Executive Officer [Member]
Deferred Compensation Arrangement with Individual, Shares Issued (in shares)				250,000
Share-Based Payment Arrangement, Expense				$ 437,500
Chief Financial Officer [Member]
Deferred Compensation Arrangement with Individual, Shares Issued (in shares)		125,000
Share-Based Payment Arrangement, Expense				$ 218,750							$ 218,750
Chief Operating Officer [Member]
Deferred Compensation Arrangement with Individual, Shares Issued (in shares)		13,889
Share-Based Payment Arrangement, Expense								$ 25,000
Deferred Compensation Arrangement with Individual, Fair Value of Shares Issued		$ 25,000
ShipTime Acquisition [Member]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in shares)											5,918
Conversion of Series A Preferred Stock to Common Stock [Member]
Conversion of Stock, Shares Converted (in shares)							1,015,851
Conversion of Stock, Shares Issued (in shares)							1,015,851
Additional Conversion of Series A Preferred Stock to Common Stock [Member]
Conversion of Stock, Shares Issued (in shares)							2,089,298
Series A Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)								5,000,000			5,000,000			5,000,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share)								$ 0.001			$ 0.001			$ 0.001
Preferred Stock, Shares Issued, Total (in shares)								0			0			0			5,000,000
Percentages of Payment Obligation									1.50%
Preferred Stock, Liquidation Preference Per Share (in dollars per share)									$ 3.03
Preferred Stock, Shares Outstanding, Ending Balance (in shares)								0	0		0			0
ShipTime Canada Stock [Member]
Conversion of Stock, Shares, Convertible (in shares)						1
Common Stock Shares Exchanged (in shares)													500
PAID Preferred Stock [Member]
Conversion of Stock, Shares Issuable (in shares)					45
PAID Common Stock [Member]
Conversion of Stock, Shares Issuable (in shares)					311		356
Common Stock Exercised Shares (in shares)													1,461,078
Common Stock, Capital Shares Reserved for Future Issuance (in shares)								2,106,808			2,106,808
PAID Series A Preferred Stock [Member]
Preferred Stock Exercised Shares (in shares)													1,461,078

Note 7 - Leases (Details Textua

Note 7 - Leases (Details Textual)	Jun. 30, 2023
Lessee, Operating Lease, Renewal Term (Year)	4 years
Minimum [Member]
Lessee, Operating Lease, Remaining Lease Term (Month)	1 month
Maximum [Member]
Lessee, Operating Lease, Remaining Lease Term (Month)	2 months

Note 7 - Leases - Schedule of L

Note 7 - Leases - Schedule of Lease Expense (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Operating lease cost	$ 9,508	$ 10,015	$ 18,959	$ 20,108

Note 7 - Leases - Schedule of S

Note 7 - Leases - Schedule of Supplemental Cash Flow Information (Details) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Operating cash flows from operating leases	$ 19,522	$ 20,704

Note 7 - Leases - Schedule of_2

Note 7 - Leases - Schedule of Supplemental Balance Sheet Information (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Operating lease right-of-use assets	$ 5,058	$ 23,063
Current portion of operating lease obligations	3,601	22,199
Operating lease obligations, net of current portion	0	0
Total	$ 3,601	$ 22,199

Note 7 - Leases - Schedule of_3

Note 7 - Leases - Schedule of Lease Terms (Details)	Jun. 30, 2023	Dec. 31, 2022
Weighted Average Remaining Lease Term
Operating lease (in years) (Year)	1 month 6 days	7 months 6 days
Weighted Average Discount Rate
Operating lease	9%	9%

Note 7 - Leases -Schedule of Op

Note 7 - Leases -Schedule of Operating Lease Minimum Payments (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
2023 (remainder of year)	$ 4,548
Total lease liabilities	4,548
Less amount representing interest	(947)
Total	3,601	$ 22,199
Less current portion	$ (3,601)	$ (22,199)