Ryvyl (RVYL) 10-K/A 6 Feb 20 2018 FY Annual report (amended) Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Apr. 12, 2019	Jun. 30, 2018
Document Information Line Items
Entity Registrant Name	GreenBox POS, LLC
Document Type	10-K/A
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		166,390,363
Entity Public Float			$ 1,598,433
Amendment Flag	true
Amendment Description	As disclosed in our Current Report on Form 8-K filed with the Securities and Exchange Commission (“SEC”) on June 28, 2019, on June 27, 2019, the sole officers and directors, Ben Errez and Fredi Nisan (the “Management”) of GreenBox POS (the “Company”), concluded that the following previously filed financial statements of the Company (along with other previously filed financial statements) should not be relied upon: ● The Company’s audited financial statements for the year ended December 31, 2018, contained in the Company’s Annual Report on Form 10-K, originally filed with the SEC on April 16, 2019 (the “2018 Report”). The conclusion to prevent future reliance on the 2018 Report resulted from the determination by the Management that the Reports failed to properly account for the March 23, 2018 Share Purchase Agreement (the “Yuan SPA”) pursuant to which GreenBox POS LLC, a Washington limited liability company (“PrivCo”), majority owned and entirely controlled by the Management, acquired 144,445,000 shares of the Company’s common stock, and subsequently, the verbal agreement between PubCo and PrivCo, under which PubCo acquired PrivCo’s assets on April 12, 2018 (the “Verbal Agreement”). The Verbal Agreement was formally recognized and memorialized in an Asset Purchase Agreement between PubCo and PrivCo, signed January 4, 2020. Specifically, the Company determined that: In accordance with FASB ASC 805, the consolidated financial results of both the Company and PrivCo, should have been recorded in the 2018 Report, based on the fact that i) as of April 12, 2018, the Company’s controlling shareholder is PrivCo, ii) PrivCo is majority owned and entirely controlled by Management, iii) PrivCo’s owners are our sole officers and directors, and iv) that the Company did acquire the operations of PrivCo on April 12, 2018. As a result, the Q2, Q3 and the 2018 Reports should have reflected the combined balance sheets, income statements and cash flow statements of PrivCo and the Company from April 12, 2018 forward. We are therefore filing this amended 10-K (“Amended 10-K”) to the “2018 Report,” to restate our financial statements and revise related disclosures. As a substantial part of the Amended 10-K is amended and/or restated, we have presented the entire text of the 2018 Report, as amended and/or restated by this Amended 10-K. Readers should therefore read and rely only on this Amended 10-K in lieu of the original 2018 Report.
Entity Central Index Key	0001419275
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Annual Report	true
Entity Interactive Data Current	Yes

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Current Assets
Cash & Cash Equivalents	$ 45,854	$ 83,353
Restricted Cash & Trust Accounts	239,124	0
Accounts Receivable	49,998	0
Cash Due from Gateways	630,699	0
Other Current Assets	37,232	3,339
Total Current Assets	1,002,907	86,692
Total Fixed Assets (net)	30,715	6,069
Total Assets	1,033,622	92,761
Current Liabilities
Accounts Payable	127,029	31,980
Payment Processing Liabilities (net)	865,086	0
Short Term Notes	846,500	0
Other Current Liabilities	39,272	0
Total Current Liabilities	1,877,887	31,980
Long-Term Liabilities
Long Term Notes	75,000	0
Total Long Term Liabilities	75,000	0
Total Liabilities	1,952,887	31,980
EQUITY
Preferred Stock: 5,000,000 shares authorized; zero shares issued and outstanding	0	0
Common Stock: $0.001 par value, 495,000,000 shares authorized, 166,390,363 and 14,445,363 shares issued and outstanding at December 31, 2018 and December 31, 2017	166,390	14,445
Common Stock Issuable	1,000	0
Paid in Capital	945,940	185,655
Retained Earnings	(2,032,595)	(139,319)
Total Equity (Deficit)	(919,265)	60,781
TOTAL LIABILITIES AND EQUITY	$ 1,033,622	$ 92,761

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Dec. 31, 2018	Dec. 31, 2017
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	495,000,000	495,000,000
Common stock, shares issued	166,390,363	14,445,363
Common stock, shares outstanding	166,390,363	14,445,363

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
INCOME
Revenue	$ 910,808	$ 0
Cost of Goods Sold	670,539	0
Gross Profit	240,269	0
Expenses
General & Administration	740,933	9,259
Finance Costs	137,000	0
Legal & Professional Services	767,867	83,621
R&D Expense	376,871	46,229
Total Expenses	2,022,672	139,110
Net Operating Income	(1,782,403)	(139,110)
Other Expense / (Income)
Asset Impairments	75,000	0
Depreciation	6,608	209
Interest Expense	30,067	0
Other Expense / (Income)	(802)	0
Total Other Expenses	110,873	209
Net Other Income	(110,873)	(209)
Net Income (loss)	$ (1,893,276)	$ (139,319)
Net income (loss) per common share (in Dollars per share)	$ (0.02)	$ (0.01)
Weighted average common shares outstanding (in Shares)	111,037,712	14,445,363
Payment Processing Fees [Member]
INCOME
Revenue	$ 393,665	$ 0
Cost of Goods Sold	612,037	0
License [Member]
INCOME
Revenue	450,000	0
Equipment Sales [Member]
INCOME
Revenue	67,143	0
Cost of Goods Sold	$ 58,502	$ 0

STATEMENT OF CONSOLIDATED CHANG

STATEMENT OF CONSOLIDATED CHANGES IN STOCKHOLDERS’ EQUITY - 12 months ended Dec. 31, 2018 - USD ($)	Common Stock [Member]	Retained Earnings [Member]	Additional Paid-in Capital [Member]	Common Stock to be Issued [Member]	Total
Balance at Dec. 31, 2017	$ 14,445	$ (139,319)	$ 185,655		$ 60,781
Balance (in Shares) at Dec. 31, 2017	14,445,363				14,445,363
Conversion of Line of Credit	$ 144,445		(144,445)
Conversion of Line of Credit (in Shares)	144,445,000
Net Paid in Capital			501,114		$ 501,114
Shares Issuances	$ 7,500				7,500
Shares Issuances (in Shares)	7,500,000
Shares to be Issued			149,000	$ 1,000	150,000
Shares to be Issued (in Shares)				1,000,000
Gain on Purchase of GreenBox Business			254,616		254,616
Net Income (Loss)		(1,893,276)			(1,893,276)
Balance at Dec. 31, 2018	$ 166,390	$ (2,032,595)	$ 945,940	$ 1,000	$ (919,265)
Balance (in Shares) at Dec. 31, 2018	166,390,363			1,000,000	166,390,363

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Net Income	$ (1,893,276)	$ (139,319)
Adjustments to reconcile Net Income to Net Cash provided by operations:
Accounts Receivable (A/R)	(49,998)	(798)
Accounts Payable (A/P)	95,049	31,980
Cash Due from Gateways	(630,699)	0
Payment Processing Liabilities (net)	865,086	0
Other Current Assets	(33,893)	(2,541)
Other Current Liabilities	9,401	0
Accrued Interest & Depreciation	36,479	209
Total Adjustments to reconcile Net Income to Net Cash provided by operations:	291,425	28,850
Net cash provided by operating activities	(1,601,851)	(110,469)
INVESTING ACTIVITIES
Fixed Assets	(31,254)	(6,278)
Net cash provided by investing activities	(31,254)	(6,278)
FINANCING ACTIVITIES
Notes Payable - less than 1 Yr	921,500	0
Cash Paid for Stock	152,945	14,445
Shareholder Contributions	460,285	485,655
Payment Due for Equity	300,000	(300,000)
Net cash provided by financing activities	1,834,730	200,100
Net cash increase (decrease) for period	201,624	83,353
Cash at beginning of period	83,353	0
Cash at end of period	$ 45,854	$ 83,353

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization GreenBox POS (the “Company” or “PubCo”) was formerly known as ASAP Expo, Inc (“ASAP”), which was incorporated April 10, 2007 under the laws of the State of Nevada. On January 4, 2020, PubCo and GreenBox POS LLC, a Washington limited liability company (“PrivCo”), entered into an Asset Purchase Agreement (the “Agreement”), to memorialize a verbal agreement (the “Verbal Agreement”) entered into on April 12, 2018, by and among PubCo (the buyer) and PrivCo, which was formed on August 10, 2017 (the seller). On April 12, 2018, pursuant to the Verbal Agreement, PubCo acquired PrivCo’s blockchain gateway and payment system business, point of sale system business, delivery business and kiosk business, and bank and merchant accounts, as well as all intellectual property related thereto (the “GreenBox Business”). As consideration for the GreenBox Business, on April 12, 2018, PubCo assumed PrivCo’s liabilities that had been incurred in the normal course of the GreenBox Business (collectively, the “GreenBox Acquisition”). For accounting and reporting purposes, PubCo deemed the GreenBox Acquisition a “Reverse Acquisition” accounting acquirer accounting acquiree New Name On May 3, 2018, PubCo formally changed its name to GreenBox POS LLC, then subsequently changed its name to GreenBox POS on December 13, 2018. Unless the context otherwise requires, all references to “the Company,” “we,” “our”, “us” and “PubCo” refer to GreenBox POS. Unless the context otherwise requires, all references to “PrivCo” or the “Private Company” refer to GreenBox POS LLC, a limited liability company, formed in the state of Washington. Significant Transactions On March 23, 2018, the then controlling shareholder and then sole officer and sole director of PubCo, Frank Yuan, along with his wife, Vicky PMW Yuan, entered into a Purchase Agreement with PrivCo (the “SPA”). Pursuant to the SPA, Frank Yuan agreed to convert a portion of a line of credit that he had previously issued to PubCo, in exchange for 144,445,000 shares of PubCo’s common stock, par value $0.001 per share (the “Control Block”). The Yuans agreed to sell the Control Block to PrivCo for a consideration of $500,000: $250,000 in cash and $250,000 in PubCo shares to be issued within 30 days of the completion of the SPA (the “Shares Due”), which were subsequently paid by PrivCo. On April 12, 2018, all business being conducted at that time by PubCo (the “ASAP Business”) was transferred from PubCo to ASAP Property Holdings Inc., a company owned and operated by Frank Yuan (“Holdings”). In consideration for the ASAP Business, Holdings assumed all liabilities related to the ASAP Business. On April 12, 2018, following the SPA being entered into and the ASAP Business being transferred to Holdings, Errez and Nisan were the sole acting officers and sole acting directors of PubCo. On April 12, 2018, pursuant to the Verbal Agreement, PubCo acquired PrivCo’s blockchain gateway and payment system business, point of sale system business, delivery business and kiosk business, and bank and merchant accounts, as well as all intellectual property related thereto (the “GreenBox Business”). As consideration for the GreenBox Business, on April 12, 2018 PubCo assumed nearly all PrivCo’s liabilities (the “Assumed Liabilities”) that had been incurred in the normal course of GreenBox Business (collectively, the “GreenBox Acquisition”). The value of the GreenBox Business assets on April 12, 2018 was $843,694, which excluded the Control Shares, which remained with PrivCo. The value of the Assumed Liabilities on April 12 was $589,078, which excluded $185,000 of a $300,000 convertible promissory note issued by PrivCo to RB Capital Partners. The difference between assets and liabilities was $254,616, which PubCo booked as a “Gain on Bargain Purchase.” However, because we are using Reverse Acquisition accounting, we recorded the gain as Paid in Capital. Reverse Acquisition Reporting Requirements In accordance with SEC Financial Reporting Manual, Topic 12 - Reverse Acquisitions and Reverse Recapitalizations Reverse Acquisition with a domestic registrant that is not a shell company Given these considerations, PubCo: a) Executed the Agreement memorializing the Verbal Agreement, and filed a Form 8-K on January 7, 2020 (the “January 8-K”) to disclose the Agreement and to file audited financials for PrivCo for the year ending December 31, 2017; b) is restating PubCo’s 2018 financials, to include amended Form 10-Qs for the periods ending June 30 and September 30, and an amended Form 10-K for the year ending December 31, 2018; and c) is proceeding to file Form 10-Qs for 2019, for the periods ended March 31, June 30 and September 30, and file Form 10-K for the year ending December 31, 2019; which we ideally wish to accomplish upon or prior to March 30, 2020. Our Business GreenBox POS is a tech company formed with the intent of developing, marketing and selling innovative blockchain-based payment solutions, which we believe will cause favorable disruption in the payment solutions marketplace. Our core focus is to develop and monetize disruptive blockchain-based applications, integrated within an end-to-end suite of financial products, capable of supporting a multitude of industries. Our proprietary, blockchain-based systems are designed to facilitate, record and store a virtually limitless volume of tokenized assets, representing cash or data, on a secured, immutable blockchain-based ledger. We’ve been awarded five provisional patents for our technology, each directly related to our core business focus. Subsequently, we filed non-provisional patent application 16/212,627 on December 6, 2018, under which we claimed the benefit of the five provisional patents. In March 2018, we formally announced DEL, PAY, QuickCard, POS and Loopz to an international audience, during a presentation at the Israel International Innovation Expo, in Tijuana, Mexico. a) DEL is our Delivery App, which provides APIs to POS and PAY. b) PAY is our Payment App, which provides financial APIs to all our other software components. c) QuickCard is QuickCard Payment System, which is a comprehensive physical and virtual cash management system, including software that facilitates deposits, cash and e-wallet management. d) POS Solutions is our complete end-to-end Point of Sale solution, comprising both software and hardware. e) Loopz is Loopz Software Solution, which is a mobile delivery service operations management solution with automated dispatch functionality. In March 2018, our QuickCard Payment System was comprised of PAY, proprietary kiosks and e-wallet management. In June 2018, we commenced a soft launch of our system, onboarded our initial customers and began generating revenue. In July 2018, we introduced TrustGateway, a new fraud prevention component for our QuickCard payment system. Throughout the remainder of 2018, we continued to build, expand and improve our system, which allowed for an escalation in merchants using our system, as well as increasing revenues. BASIS OF PRESENTATION The financial statements include the combined accounts of PubCo and PrivCo. All amounts are presented in U.S. Dollars unless otherwise stated. The accompanying financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”). Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand, cash on deposit with banks, and highly liquid debt investments with a maturity of three months or less when purchased. The Company has cash equivalents of $45,854, excluding cash held for settlement liabilities, and $83,353 as of December 31, 2018 and December 31, 2017, respectively. Going Concern As of December 31, 2018, the Company had cash and cash equivalents of $45,854, has incurred a net loss of $1,893,276 for the year ending December 31, 2018, and has accumulated a deficit of $2,032,595. During the year ended December 31, 2018, the Company recorded $910,808 in revenues. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Additionally, as the GreenBox ecosystem grows, substantially larger volumes of working capital financing will be required to support our platform’s growth. The Company intends to raise additional capital through private placements of debt and equity securities, but there can be no assurance that these funds will be available on terms acceptable to the Company, or will be sufficient to enable the Company to fully complete its development activities or sustain operations. If the Company is unable to raise sufficient additional funds, we will have to develop and implement a plan to further extend payables, reduce overhead or scale back our business plan until sufficient additional capital is raised to support further operations. There can be no assurance that such a plan will be successful. Accordingly, the accompanying financial statements have been prepared in conformity with GAAP, which contemplate our continuation as a going concern, and the realization of assets and satisfaction of liabilities in the normal course of business. The carrying amounts of assets and liabilities presented in the financial statements do not necessarily purport to represent realizable or settlement values. The financial statements do not include any adjustment that might result from the outcome of this uncertainty. Business Combination The Company accounts for all business acquisitions at fair value and expenses acquisition costs as they are incurred. Any identifiable assets acquired, and liabilities assumed, are recognized and measured at their respective fair values on the acquisition date. If information about facts and circumstances existing as of the acquisition date is incomplete at the end of the reporting period in which a business acquisition occurs, the Company will report provisional amounts for the items for which the accounting is incomplete. The measurement period ends once the Company receives sufficient information to finalize the fair values; however, the period will not exceed one year from the acquisition date. Control The Company accounts for Control per ASC 805-10-25-7, which states “The date on which the acquirer obtains control of the acquiree generally is the date on which the acquirer legally transfers the consideration, acquires the assets, and assumes the liabilities of the acquiree — the closing date. However, the acquirer might obtain control on a date that is either earlier or later than the closing date. For example, the acquisition date precedes the closing date if a written agreement provides that the acquirer obtains control of the acquiree on a date before the closing date. An acquirer shall consider all pertinent facts and circumstances in identifying the acquisition date” Consideration The Company accounts for Consideration per ASC 805-10-25-20, which states “The acquirer shall recognize as part of applying the acquisition method only the consideration transferred for the acquiree and the assets acquired and liabilities assumed in the exchange for the acquiree.” Allocation of Purchase Price The Company accounts for Allocation of Purchase Price per ASC 805-20-30-1, which states “The acquirer shall measure the identifiable assets acquired, the liabilities assumed, and any noncontrolling interest in the acquiree at their acquisition date fair values.” Bargain Purchase In accordance with ASC 805, there are circumstances where the acquirer’s interest in the acquiree (i.e., the fair value of consideration transferred, the fair value of any noncontrolling interest in the acquiree and the fair value of any previously held equity interest in the acquiree) is less than the fair value (or other recognized value for the exceptions to fair value recognition) of the identifiable net assets acquired. Such a transaction results in an economic gain to the acquiring entity. Any such gain is recognized in earnings only after a thorough reassessment of all elements of the accounting for the acquisition. Fair Value Measurements and Disclosures ASC 820, Fair Value Measurements and Disclosures Level 1 Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 Inputs to the valuation methodology are unobservable and significant to the fair value measurement. Convertible Promissory Notes The Company accounts for convertible promissory notes in accordance with ASC 470-20, Debt with Conversion and Other Options Leases Lease for office space at our corporate headquarters is classified as an operating lease in accordance with ASC 840, Leases Aggregate future minimum annual payments for our leases as of December 31, 2018, are as follows: Year Operating Leases 2019 130,176 2020 135,562 2021 139,629 Total minimum rentals $ 405,367 Fixed Assets Property and equipment are stated at cost. Depreciation is computed primarily using the straight-line method over the estimated useful lives of the assets, which range from three to eight years. Leasehold improvements are amortized over the shorter of the useful life of the related assets or the lease term. Expenditures for repairs and maintenance are charged to expense as incurred. For assets sold or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any related gain or loss is reflected in income for the period. Long-Lived Asset Impairments The Company reviews long-lived assets, including property and equipment and intangible assets, for impairment when events or changes in business conditions indicate that their carrying value may not be recovered, and at least annually. The Company considers assets to be impaired and writes them down to estimated fair value if expected associated undiscounted cash flows are less than the carrying amounts. Fair value is the present value of the associated cash flows. Revenue Recognition Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers, Research and Development Costs Research and development costs, which are expensed as incurred, are primarily comprised of costs and expenses for salaries and benefits including expenses associated with research and development personnel, contract services and costs of supplies. Income Taxes Federal and state income taxes are computed at currently enacted tax rates less tax credits using the asset and liability method in accordance with ASC Topic 740, “ Income Taxes The Company uses a recognition threshold of more-likely-than-not and a measurement attribute on all tax positions taken or expected to be taken in a tax return in order to be recognized in the condensed consolidated financial statements. Once the recognition threshold is met, the tax position is then measured to determine the actual amount of benefit to recognize in the condensed consolidated financial statements. Earnings (Loss) per Share A basic earnings per share is computed by dividing net income to common stockholders by the weighted average number of shares outstanding for the year. Dilutive earnings per share include the effect of any potentially dilutive debt or equity under the treasury stock method, if including such instruments is dilutive. The Company's diluted earnings/loss per share is the same as the basic earnings/loss per share for the year ended December 31, 2018 and 2017, as there are no potential shares outstanding that would have a dilutive effect. Comprehensive Loss ASC 220, Comprehensive Income Use of Estimates 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 expenses during the reporting period. Actual results could differ from those estimates. Recent Accounting Pronouncements In July 2017, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2017-11, Earnings Per Share (Topic 260), Distinguishing Liabilities from Equity (Topic 480), and Derivatives and Hedging (Topic 815) (“ASU 2017-11”). ASU 2017-11 changes the classification analysis of certain equity-linked financial instruments (or embedded features) with down-round features. The amendments require entities that present earnings per share (“EPS”) in accordance with Topic 260 to recognize the effect of the down round feature when triggered with the effect treated as a dividend and as a reduction of income available to common shareholders in basic EPS. The new standard is effective for nonpublic business entities fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted for all entities, including adoption in an interim period. The new standard is effective for public business entities for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is currently evaluating the impact of the adoption of this accounting standard update. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), which requires lessees to recognize “right of use” assets and liabilities for all leases with lease terms of more than 12 months. The ASU requires additional quantitative and qualitative financial statement footnote disclosures about the leases, significant judgments made in accounting for those leases and amounts recognized in the financial statements about those leases. The effective date will be fiscal periods beginning after December 15, 2019. The Company is currently evaluating the impact of the adoption of this accounting standard update on its financial statements. The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

RESTATEMENT

RESTATEMENT	12 Months Ended
	Dec. 31, 2018
Accounting Changes and Error Corrections [Abstract]
Accounting Changes and Error Corrections [Text Block]	NOTE 2 – RESTATEMENT On April 12, 2018, pursuant to a verbal agreement (the “Verbal Agreement”), PubCo acquired PrivCo’s blockchain gateway and payment system business, point of sale system business, delivery business and kiosk business, and bank and merchant accounts, as well as all intellectual property related thereto (the “GreenBox Business”). As consideration for the GreenBox Business, on April 12, 2018, PubCo assumed PrivCo’s liabilities that had been incurred in the normal course of the GreenBox Business (collectively, the “GreenBox Acquisition”). From April 12, 2018 through January 4, 2020 (the “In Between Period”), because there was ambiguity regarding the validity of the Verbal Agreement, PubCo filed required quarterly and annual reports with the Securities and Exchange Commission as if there had not been a Reverse Acquisition. During the In Between Period, PrivCo continued to operate as if it still owned the GreenBox Business, which included maintaining records of GreenBox Business financial transactions on PrivCo’s accounting software, and entering into contracts and agreements as PrivCo, while PubCo paid all expenses, including expenses related to PrivCo contracts entered into prior to April 12, 2018 and after April 12, 2018, as well as expenses incurred as a result of litigation resulting from disagreements between PrivCo and other parties. During the In Between Period, PubCo represented itself in press releases, as being the owner/operator of the GreenBox Business. Additionally, from April 12, 2018 through approximately December 31, 2018, PubCo and PrivCo shared control of PrivCo’s bank accounts, and on approximately January 1, 2019, PubCo assumed control of PrivCo’s bank accounts. By virtue of the payment of PrivCo’s litigation expenses by PubCo, by virtue of PubCo representing itself in press releases, as being the owner/operator of the GreenBox Business, and by virtue of the shared control of PrivCo’s bank accounts starting on April 12, 2018, both PubCo and PrivCo concluded that the Verbal Agreement was valid and the GreenBox Business asset acquisition took place on April 12, 2018. On January 4, 2020, PubCo and PrivCo entered into an Asset Purchase Agreement (the “Agreement”), to memorialize the Verbal Agreement. For accounting and reporting purposes, PubCo deemed the GreenBox Acquisition a “Reverse Acquisition” with PrivCo designated the “accounting acquirer” and PubCo designated the “accounting acquiree.” Because PubCo previously filed quarterly and annual reports for 2018 with the Securities and Exchange Commission as if there had not been a Reverse Acquisition, PubCo was required to file amended Form 10-Qs for the periods ending June 30, 2018 and September 30, 2018, and an amended Form 10-K for the year ending December 31, 2018 (collectively the “Amended Reports”). These Amended Reports differ substantially from previously filed reports in that PubCo’s financials are presented on a combined basis with PrivCo. Additionally, the previous business operations of PubCo prior to April 12, 2018 are disregarded. We are therefore filing this amended 10-K (“Amended 10-K”) to the Company’s audited financial statements for the year ended December 31, 2018, contained in the Company’s Annual Report on Form 10-K, originally filed with the SEC on April 16, 2019 (the “2018 Report”) to restate our financial statements and revise related disclosures. As a substantial part of the Amended 10-K is amended and/or restated, we have presented the entire text of the 2018 Report, as amended and/or restated by this Amended 10-K. Readers should therefore read and rely only on this Amended 10-K in lieu of the original 2018 Report.

REVERSE ACQUISITION

REVERSE ACQUISITION	12 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	NOTE 3 – REVERSE ACQUISITION On January 4, 2020, PubCo and PrivCo entered into the Agreement to memorialize the Verbal Agreement. On April 12, 2018, pursuant to the Verbal Agreement, PubCo acquired PrivCo’s blockchain gateway and payment system business, point of sale system business, delivery business and kiosk business, and bank and merchant accounts, as well as all intellectual property related thereto (the “GreenBox Business”). As consideration for the GreenBox Business, on April 12, 2018, PubCo assumed PrivCo’s liabilities that had been incurred in the normal course of the GreenBox Business (collectively, the “GreenBox Acquisition”). For accounting and reporting purposes, PubCo deemed the GreenBox Acquisition a “ Reverse Acquisition accounting acquirer accounting acquiree The value of the assets acquired on April 12, 2018 was $843,694. The value of PrivCo’s assumed liabilities on April 12 was $589,078. Exclusions from the Agreement included shares in PubCo held by PrivCo, which remain a PrivCo asset, and $185,000 of a $300,000 convertible promissory note issued by PrivCo. The following is the purchase price allocation on April 12, 2018: At April 12, 2018 Cash and Cash Equivalents 752,393 Customer Accounts 83 Inventory 56,988 Security Deposits 3,990 Fixed Assets, net 17,697 Prepaid Expense 12,543 Assets Acquired $ 843,694 Total Consideration – Liabilities Assumed $ 589,078 Gain on Bargain Purchase 254,616 Total Consideration and Gain on Bargain Purchase $ 843,694 This acquisition resulted in a “ Gain on Bargain Purchase The operating results of the GreenBox Business for the period from April 12, 2018 going forward have been included in the Company’s Consolidated Statements of Operations. The Company did not incur a significant amount in transaction costs in connection with the acquisition, but any and all costs were expensed as incurred and are included within the Consolidated Statement of Operations.

FIXED ASSETS

FIXED ASSETS	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 4 – FIXED ASSETS Fixed assets consist of the following: December 31, December 31, 2018 2017 Computers $ 15,285 Furniture 4,919 Kiosks 12,750 6,278 Vehicles 4,578 Less: Accumulated Depreciation (6,817 ) (209 ) Total Fixed Assets (net) $ 30,715 $ 6,069

EQUITY TRANSACTIONS

EQUITY TRANSACTIONS	12 Months Ended
	Dec. 31, 2018
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 5 – EQUITY TRANSACTIONS RB Cap On or about January 10, 2018, PrivCo signed a Subscription and Stock Purchase Agreement (“RB Cap SPA”) with RB Capital Partners, Inc. (“RB Cap”), wherein PrivCo agreed to sell RB Cap 4% of PrivCo, non-dilutive, for $1,000,000, payable in four installments due January 15, 2018, February 15, 2018, March 15, 2018 and April 15, 2018. By mid-April, we had received all payments. This transaction implied a post money valuation of $25,000,000. As of February 3, 2020, RB Cap remains a minority membership interest holder in PrivCo, with a claim to approximately six million PubCo shares, however the implications of this ownership and RB Cap’s claim to PubCo shares are in dispute, and are the subject of a lawsuit with RB Cap (see C. Legal Matters Note 12 – Subsequent Events MTrac On or about February 1, 2018 we signed a joint venture agreement (“MTrac JV”) with MTrac Tech Corporation (“MTrac”) a wholly owned subsidiary of Global Payout, Inc. (OTC:GOHE), in which, in addition to defining terms for business collaboration, MTrac was to acquire 4% of our membership interests for $1,000,000, representing a post-money valuation for the Company of $25,000,000, to be received by us on or before May 15, 2018. On or about June 12, 2018, we agreed with MTrac to nullify MTrac’s equity participation, cancel the MTrac JV, and to instead, enter into a subsequent licensing agreement (see Note 11 – MTrac Bucciero On October 10, 2017, we entered into a Memorandum of Understanding” (“MOU”) with Matthew Bucciero, Kellsi Booth, Chris Booth and Partners (“Bucciero”), wherein we agreed to sell Bucciero up to 22.5% of the Company, for cash and consideration of $1,250,000, which comprised cash payments due totaling $500,000 for 10%, payments in kind to include licenses and permits valued at $500,000 for 10%, and the remaining 2.5% for anticipated business development activities to be carried out by Bucciero. As of the execution of the MOU, Bucciero became a managing member of the Company on an “as if” ownership basis, assuming ownership of 10% of the Company effective with the execution of the MOU. We received capital contributions from Bucciero of $100,000 on October 10, 2017 and another $100,000 on December 22, 2017. On December 31, 2017, Bucciero held $500,000 in equity: $200,000 from capital contributions, and $300,000 on an “as if paid for” basis, with an expectation of receiving payment from Bucciero of $300,000. This remaining cash balance of $300,000 is stated in the Equity section of our Balance Sheet as a Receivable for Equity Purchase. On or about April 5, 2018, we agreed to amicably part ways with Bucciero. Under the terms of a Settlement Agreement and Mutual Release, we returned the $200,000 contributed capital, cancelled the $300,000 balance due to us, and paid Bucciero $100,000 as a breakup fee. In return, Bucciero relinquished any and all claims to ownership of any GreenBox equity, and no longer serves as a managing member.

DEBT ISSUANCES

DEBT ISSUANCES	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 6 – DEBT ISSUANCES Power Up Lending Ltd On August 6, 2018, the we entered into a Securities Purchase Agreement with Power Up Lending Up Ltd (“PULG”) under which PULG agreed to issue notes of up to $1,500,000 in aggregate over twelve months at the discretion of PULG (the “PULG SPA”). The first note under the PULG SPA, for $253,000 was issued simultaneous with the execution of the PULG SPA. PULG $253K Note On August 6, 2018, the Company issued a convertible promissory note for $253,000 to PULG, with a net $250,000 received by the Company. The note incurs interest at 10% per year and the outstanding principal and accrued interest are due August 6, 2019. The note includes a conversion feature where, beginning 180 days after the issuance date, at which time the lender may convert all or a portion of the outstanding principal and accrued interest balance into shares of the Company’s common stock at a discounted rate of 65%. The Company incurred $3,000 in financing fees associated with the loan. As of December 31, 2018, the principal balance of note was $253,000, and accrued interest on the note was $9,981.37. The Company chose to repay the note on January 30, 2019, at which time it repaid the principal, accrued interest and an early repayment penalty of $93,333, which we recorded as interest expense. PULG $53K Note On September 27, 2018, the Company issued a convertible promissory note for $53,000 to PULG, with a net $50,000 received by the Company. The note incurs interest at 10% per year and the outstanding principal and accrued interest are due September 27, 2019. The note includes a conversion feature where, beginning 180 days after the issuance date, at which time the lender may convert all or a portion of the outstanding principal and accrued interest balance into shares of the Company’s common stock at a discounted rate of 65%. The Company incurred $3,000 in financing fees associated with the loan. As of December 31, 2018, the principal balance of note was $53,000, and accrued interest on the note was $1,321. The Company chose to repay the note on March 13, 2019, at which time it repaid the principal, accrued interest and an early repayment penalty of $19,378, which we recorded as interest expense. PULG $83K Note On December 13, 2018, PubCo issued a convertible promissory note for $83,000 to PULG, with a net $80,000 received by PubCo. The note incurs interest at 10% per year and the outstanding principal and accrued interest are due December 13, 2019. The note includes a conversion feature where, beginning 180 days after the issuance date, at which time the lender may convert all or a portion of the outstanding principal and accrued interest balance into shares of the PubCo’s common stock at a discounted rate of 65%. PubCo incurred $3,000 in financing fees associated with the loan. As of December 31, 2018, the principal balance of note was $83,000, and accrued interest on the note was $387. The Company chose to repay the note on March 13, 2019, at which time it repaid the principal, accrued interest and an early repayment penalty of $17,005, which we recorded as interest expense. RB Capital Partners RB Cap $300K Note On or about March 15, 2018, PrivCo issued a twelve-month, $300,000 convertible promissory note to RB Capital Partners (“RB Cap”), with an interest rate of 12% per annum (“RB Cap 300K Note”). The note’s convertibility feature commenced six months after the note’s issuance, at a conversion rate of $0.001 per share of the Company’s common stock. Under the terms of the Agreement which memorialized the Verbal Agreement, we assumed the note, however, PrivCo agreed to pay $185,000 of the principal balance due on this note. On or about June 8, 2018, PrivCo transferred 440,476 restricted shares of Common Stock from the Control Block, with a market value of $185,000, to a purported designee of RB Cap, as a payment of principal of the note. Subsequently, RB Cap disputed the reduction in principal and subsequently, and we, along with PrivCo, disputed whether these shares should have been issued by PrivCo, and sought their return. On or about October 23, 2018, we issued 7,500,000 newly issued, restricted shares of our stock to RB Cap, in repayment of $7,500 of the RB Cap 300K Note. Subsequently, we disputed whether these shares should have been issued to RB Cap. As of December 31, 2018, our recorded principal balance for the note was $107,500 and accrued interest on the note was $15,880. On or about March 13, 2019, we issued a final cash payment towards the RB Cap 300K Note of approximately $126,092 (the “Payoff Funds”). However, RB Cap contested the amount of the Payoff Funds. (See Section C. Legal Matters Note 12 – Subsequent Events RB Cap $200K Note On November 26, 2018, PubCo issued a convertible promissory note for $200,000 to RB Cap (the “RB Cap $200K Note”). The note incurs interest at 12% per year and the outstanding principal and accrued interest are due November 26, 2019. RB Cap may elect to convert the note at any time from six months from the date of issuance at a fixed price per share of $4.50. This note became part of a claim/counter claim suit with RB Capital (See Section C. Legal Matters Saskatchwan Ltd Saskatchewan Ltd $150K Note On December 27, 2018, PubCo issued a convertible promissory note for $150,000 to Saskatchewan Ltd (“Sask”) (the “Sask Note”). The note incurs interest at 12% per year, paid quarterly, in advance. The outstanding principal and any remaining interest are due December 12, 2019. The note includes a conversion feature where, beginning six months after the issuance date, at which time the lender may convert all or a portion of the outstanding principal and any accrued interest balance into shares of PubCo’s common stock at a discounted rate of 50%. As of December 31, 2018, the principal balance of the note was $150,000, with no accrued interest due. Sask issued a notice of conversion to the Company on June 27, 2019 to convert the outstanding principal into 2,307,692 shares of the Company’s stock. The shares were subsequently issued to Sask on August 14, 2019.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 7 – RELATED PARTY TRANSACTIONS QuickCitizen Acquisition On or about January 18, 2018, we purchased QuickCitizen, a client interfacing charge card platform, from Firmness, LLC (“Firmness”), an affiliated company, which was 50% owned by Fredi Nisan our CEO and co-owner of PrivCo, our controlling shareholder, for $75,000. Nisan believed there to be great long-term value in his involvement with GreenBox, therefore, Nisan and Firmness’s other owner, Marlena Chang Sharvit, agreed that Nisan would forgo any compensation contemplated or realized by the transaction, and that Sharvit would receive the entire consideration paid to Firmness. Brothers We hired Dan Nusinovich on or about February 19, 2018 as our Development and Testing Manager. Dan is the brother of Fredi Nisan, our CEO and Director. Subsequently, we entered into a Referral Commission Agreement with Dan in November 2018, which expired November 2019, under which Dan is to receive 10% for new business resulting from his direct introductions. To date, no new business has been generated by Dan, thus Dan has not been paid under the Referral Agreement. On or about June 18, 2019, the Company issued 160,000 restricted shares to Dan, who was one of nine employees to receive a performance bonus in stock on this day. The shares were fully vested upon issuance and worth $16,000 at closing, on the day of issuance. We currently pay Dan approximately $96,000 per year. We hired Liron Nusinovich on or about July 16, 2018 as our Risk Analyst. Liron is the brother of Fredi Nisan, our CEO and Director. Pop N Pay, LLC In addition to his employment with the Company, Dan Nusinovich owns 100% of Pop N Pay, LLC (“PNP”), a Delaware registered limited liability company, that he formed August 20, 2018. During the late summer of 2018, when both market opportunity and demand necessitated opening additional bank accounts to support our payment processing products and services, we turned to PNP to open new accounts, as a trustee, on our behalf. For his assistance, Dan, through his ownership of PNP, received approximately $3,000 (in addition to Dan’s salary) in early 2019, for services rendered in the fourth quarter of 2018. IPX Referral Payments, LLC Pouya Moghavem, our employee since August 1, 2018, owns 25% of IPX Referral Payments, LLC (“IPX”). In addition to the $5,000 monthly salary we pay Moghavem, we entered into a Referral Agreement with IPX wherein we agreed to compensate IPX for referrals, which subsequently become our customers. During 2018, IPX did not earn any commissions. Additionally, in or about October 2018, IPX provided GreenBox with a merchant trust account in Mexico through Affinitas Bank, one of the Gateways that process payment transactions on our behalf. We did not pay IPX for this service, however, IPX reported that Affinitas paid IPX approximately $1,830. RB Capital Because PrivCo agreed to sell RB Cap 4% of PrivCo in January 2018, which currently purportedly gives RB Cap a claim to approximately six million PubCo shares, RB Cap is deemed an affiliated Party. In March 2018, PrivCo issued a $300,000 convertible promissory note to RB Cap, the balance of which PubCo assumed when we acquired the GreenBox Business from PrivCo. On November 26, 2018, we issued a $200,000 convertible promissory to RB Cap. Subsequently, RB Cap and GreenBox disputed the implications of the share purchase and promissory notes. The implications of this ownership and RB Cap’s claim to PubCo shares are in dispute, which became the subject of a lawsuit with RB Cap (see Legal Matters Subsequent Events America 2030 Capital Limited and Bentley Rothschild Capital Limited On or about July 30, 2018, Nisan and Errez, the sole officers and directors of PubCo, and the majority owners of PrivCo, each entered into a separate Master Loan Agreement (each an "MLA"): Errez with America 2030 Capital Limited (“America 2030”) and Nisan with Bentley Rothschild Capital Limited ("Bentley"), a company affiliated with America 2030, both located in Nevis, West Indies. Each MLA was for a $5,700,000 loan, at 5.85% interest, maturing in ten years. Per the MLA’s terms, Nisan and Errez caused PrivCo to transfer 1,600,000 PubCo shares, valued at $2,144,000 at close of trading on the day of issuance, as "Transferred Collateral" from the Control Block (not a new issuance by PubCo) to Bentley (although both contracts acknowledge receipt of 1.6 million shares, there was only was transference of 1.6 million shares). The transfer occurred on or about August 1, 2018. To date, there has been no funding under either of the MLAs. Subsequently, both Nisan and Errez received constitutive notice, regarding arbitration of an alleged breach of their respective MLAs. To date, only informal conversational proceedings have ensued (see C. Legal Matters Note 12 – Subsequent Events Inadvertent Share Transfers On or about December 27, 2018 and January 4, 2019, 1,085,000 shares were i nadvertently Kenneth Haller and the Haller Companies Kenneth Haller (“Haller”) became our Senior Vice President of Payment Systems, a key member of our management team, in November 2018. We began working indirectly with Haller earlier in 2018, both individually and through our relationship with MTrac Tech Corporation (“MTrac”) (see Note 11 - MTrac Haller Sky Financial & Intelligence LLC Haller owns 100% of Sky Financial & Intelligence LLC (“Sky”), a Wyoming limited liability company, and serves as its sole Managing Member. Sky is a strategic merchant services company that focuses on high risk merchants and international credit card processing solutions. In 2018, Sky was using GreenBox’s QuickCard payment system as its main payment processing infrastructure, through Sky’s relationship with MTrac (see Sky - MTrac Agreement Sky MIDs We accrued and/or paid Haller $55,365 in the quarter ending December 31, 2018, which included $30,000 in consulting fees and $23,365 in travel and relocation expense reimbursement. Non-Exclusivity As our relationship with Haller / Sky is non-exclusive, Haller and the Haller Companies provide services to other companies, including those listed below. Any revenue generated by Haller and/or the Haller Companies through these other relationships is in addition to the Haller Consulting Fee. Sky - MTrac Agreement On or about May 4, 2018, Sky entered into a two year, Associate/Referral Agreement-E-Commerce with MTrac, wherein Sky agreed to promote MTrac’s solution payment platform (which is based on the GreenBox platform) and related services; to provide new sales, sales leads, introductions to merchants and ISOs, and other potential customers of MTrac’s services, for which Sky receives ongoing commissions from all credit card transactions processed as a result of new business generated by Sky for MTrac. Most services provided under this contract are executed by Sky’s majority owned subsidiary, Charge Savvy, LLC (see Charge Savvy, LLC Haller, through Sky, owns controlling interests in Charge Savvy, LLC and Cultivate, LLC, with whom we do business indirectly, through their respective business relationship with MTrac. We also do business directly with Cultivate LLC, through a three-party agreement, which includes us, MTrac and Cultivate (see Cultivate, LLC Charge Savvy, LLC Sky owns 68.4% of Charge Savvy, LLC (“Charge Savvy”), an Illinois limited liability company. Haller serves as one of three Managing Members of Charge Savvy, along with Higher Ground Capital, LLC (owns 14%), and Jeff Nickel (owns 17.4%). It is through Charge Savvy, that the Haller Network is most visible as part of our operations, as Charge Savvy is the ISO through which revenue generated from Haller Network Agents is processed, under a contract between Sky and MTrac, who in turn, has a contract with us. The three managing members of Charge Savvy own the same percentages of Cultivate (see below), as they do Charge Savvy. Cultivate, LLC Sky owns 68.4% of Cultivate, LLC (“Cultivate”), an Illinois limited liability company, and serves as one of three Managing Members, along with Higher Ground Capital, LLC (owns 14%), and Jeff Nickel (owns 17.4%). When Cultivate was first formed, it was the licensor of certain proprietary point of sale software, retail point of sale operations, and complementary support of Cultivate’s software and related hardware for on-site credit and debit card processing. Subsequently, Cultivate the entity became exclusively a software provider, ceasing all service and support operations. Eventually certain beneficial aspects of the Cultivate software functionality were integrated into QuickCard, then upgraded and replaced with certain updates. During 2018, we did not pay Charge Savvy nor Cultivate any commissions. In December 2018, Jeff Nickel, one of the Managing Members of Cultivate and Charge Savvy, was paid approximately $10,758 in commissions, separately from our agreements with Charge Savvy and Cultivate. Cultivate - MTrac Agreement On or about May 4, 2018, Cultivate entered into a two year, Associate/Referral Agreement-E-Commerce with MTrac, wherein Cultivate agreed to promote MTrac’s solution payment platform and related services; to provide new sales, leads, merchants, ISO Agents, and other potential customers of MTrac services, for which Cultivate receives ongoing commissions from all credit card transactions processed as a result of new business generated by Cultivate for MTrac, who in turn has a contract with us. The Associate/Referral Agreement-E-Commerce between Cultivate and MTrac noted MTrac’s license of GreenBox’s payment processing technology, and contained terms whereby Cultivate could (but was not required to) refer certain customers to MTrac in exchange for various referral fees. Cultivate never referred customers to MTrac, and therefore, did not collect, and is not collecting, any referral fees from MTrac. Haller Commissions Under a verbal agreement in Spring 2018, we offered Haller commissions on any referrals that resulted in new business for the Company (“Haller Commissions”). Under this agreement, Haller introduced us to three merchants who became three of the first merchants to use our system. Under the verbal agreement, we paid Haller commissions from transactions processed by these three merchants, summing to approximately $210 in June 2018, $8,396 in July 2018 and $321 in August 2018. In or about September 2018, we commenced discussions with Haller to join our management team and discontinued paying Haller commissions related to these three merchants. GreenBox, Cultivate and MTrac Agreement On or about December 17, 2018, PubCo entered into a 5-year exclusive three-party license agreement with MTrac and Cultivate (see Section E. MTrac Sky Mids Previous references in press releases issued by PubCo in or about August 2018 regarding a “Sky Mids Acquisition” are references to the non-exclusive working relationship between PrivCo (and subsequently, PubCo) and Sky / Haller. The designation “Sky MIDs” was a colloquial reference to Sky, based upon a Sky-owned and operated website, which is no longer in use. While an acquisition of Sky has not formally been executed, nor have we (nor subsequently, PubCo) executed a formal engagement with Haller nor Sky, previous statements regarding the nature of our relationship with Sky Mids, which include our beliefs in the advantages of this relationship, accurately represent the working relationship between the Company and Sky / Haller. Verbal Agreement As part of Haller’s remuneration, the Company and Haller have a verbal agreement for Haller to be issued approximately 14 to 18 million shares of the Company’s stock. While a formalized remuneration agreement has not yet been executed as of February 3, 2020, the Company does not foresee the issuance to be dilutive, as PrivCo will likely surrender an equal amount of shares to PubCo, as a means of compensating PubCo for the issuance.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 8 – INCOME TAXES Provision for income taxes consisted of the following for the years ended December 31: 2018 2017 Current Federal $ - $ - State 900 $ 900 $ - Deferred Federal $ - - State - - $ - $ - Total Provision for Income Taxes $ 900 $ - The Company uses the liability method of accounting for income taxes as set forth in ASC 740. Under the liability method, deferred taxes are determined based on differences between the financial statement and tax bases of assets and liabilities using enacted tax rates. As of December 31, 2018, the Company had federal and California net operating loss carryforwards of approximately $2.2 million. The federal and California net operating loss carryforwards will expire at various dates from 2026 through 2037; however, $2.2 million of the Federal operating loss does not expire and will be carried forward indefinitely. Significant components of the Company's deferred tax assets (liabilities) as of December 31, 2018 and December 31, 2017, are shown below. A valuation allowance of $500,000 as of December 31, 2018, has been established against the Company's deferred tax assets related to loss entities the Company cannot consolidate under the Federal consolidation rules, as realization of these assets is uncertain. 2018 2017 Deferred Tax Assets (liabilities) Charitable Contributions $ (3,700 ) $ - Unearned Revenue (75,600 ) - Depreciation (26,300 ) - Net Operating Loss Carryforward 612,800 - Net deferred tax assets before valuation allowance $ 507,200 $ - Valuation Allowance $ (507,300 ) $ - $ (100 ) $ - On December 22, 2017, the U.S. government enacted comprehensive tax legislation known as the Tax Cuts and Jobs Act ASC 740, Income Taxes, The provision for income taxes differs from the amount computed by applying the federal income tax rate as follows for the years ended December 31: 2018 2017 Book Income at Statutory Rates 21.00 % - State Taxes net of Federal Benefit -0.04 % - Non-deductible Meals & Entertainment -0.06 % - Other -0.80 % - Change in Valuation Allowance -20.14 % - Effective Income Tax Rate -0.05 % - The Company is subject to U.S. federal income tax as well as income tax in California and other states. The Company’s state and federal income tax returns are open to audit under the statute of limitations for the years ended December 31, 2015 through December 31, 2017 and for the years ended December 31, 2015 through December 31, 2017, respectively.

LEDGER MANAGEMENT

LEDGER MANAGEMENT	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 9 – LEDGER MANAGEMENT GreenBox’s core business is ledger management. We have developed and deployed a proprietary, closed-loop, blockchain-based infrastructure for recording transactions. We use a multitude of vendors to perform adjoining activities, which allows us, for example, to use this infrastructure to facilitate payment services for the benefit of consumers and merchants. GreenBox does not directly manage the transfer of funds for individuals, companies or merchants. Such transfers are done exclusively by banking vendors who are responsible for any activity involving funds flowing out of our ecosystem. Because of this, there are no requirements for us to have a Money Transfer License, nor are we required to register as a Money Service Business. As a ledger manager, we are not directly involved with any product or service bought or sold using our ecosystem – whether the access to our ecosystem is originated by us or by an Independent Sales Organization (“ISO”) representing us, nor are we directly involved when processing capabilities using our ecosystem are leased from us. We own the technology that tokenizes each transaction (issues encrypted keys for the parties in any transaction so that the transaction can be conducted using blockchain), provides gateway services (authorization and settlement for each transaction), and manages the ledger that records immutable details of every transaction. GreenBox does not touch nor endorse any actual merchandise or service, whether bought, sold or returned, using our payment ecosystem, and we are not involved in shipping or any type of fulfillment services. GreenBox does not accept any cannabis business. However, we do have an exclusive license agreement with MTrac Technologies, that specializes in high-risk clients, such as those in the cannabis space. We provide MTrac with access to our ecosystem, from which MTrac serves their merchant clients. MTrac (not GreenBox) engages with these high-risk merchants and has their own procedures for legal and regulatory requirements and onboarding. GreenBox, ISOs and Licensors use full transparency with their corresponding bank vendors, who have the right to approve or reject any individual merchant.

AML, KYC and SAR POLICIES

AML, KYC and SAR POLICIES	12 Months Ended
	Dec. 31, 2018
Policies [Abstract]
Policies [Text Block]	NOTE 10 – AML, KYC and SAR POLICIES The Company’s Anti-Money Laundering Know Your Customer Suspicious Activity Report Both international and local regulations require GreenBox to implement effective internal procedures and mechanisms to prevent money laundering, terrorist financing, drug and human trafficking, proliferation of weapons of mass destruction, corruption and bribery and to take action in case of any form of suspicious activity from users of our ecosystem. Our policies cover the following matters: ● Verification procedures ● Compliance Officer ● Monitoring Transactions ● Risk Assessment We are legally and/or contractually required to adhere to Anti-Money Laundering Bank Secrecy Act USA PATRIOT Act of 2001 ● Establish and audit anti-money laundering programs ● Establish procedures for obtaining and verifying customer information ● File reports on large cash transactions ● File suspicious activity reports if the financial institution believes a customer may be violating U.S. laws and regulations. Regulations issued by the Office of Foreign Assets Control (“OFAC”) of the U.S. Department of Treasury place prohibitions and restrictions on all U.S. citizens and entities, including GreenBox, with respect to transactions by U.S. persons with specified countries and individuals and entities identified on OFAC’s Specially Designated Nationals list (for example, individuals and companies owned or controlled by, or acting for or on behalf of, countries subject to certain economic and trade sanctions, as well as terrorists, terrorist organizations and narcotics traffickers identified by OFAC under programs that are not country specific). Similar requirements apply to transactions and dealings with persons and entities specified in lists maintained in other countries. We have developed procedures and controls that are designed to monitor and address legal and regulatory requirements and developments and that allow our customers to protect against having direct business dealings with such prohibited countries, individuals or entities. The purpose of a Suspicious Activity Report Our Know Your Customer

MTRAC

MTRAC	12 Months Ended
	Dec. 31, 2018
Disclosure Text Block Supplement [Abstract]
Commitments Disclosure [Text Block]	NOTE 11 – MTrac Exclusive Licensing Agreement MTrac JV On or about February 1st, 2018, we signed a joint venture agreement (“MTrac JV”), with MTrac Tech Corporation (“MTrac”), a wholly owned subsidiary of Global Payout, Inc. (OTC:GOHE), by which we gave exclusive rights to MTrac to use our technology for merchants, that we are not servicing. The initial term of this agreement was one year, with automatic renewals in one-year increments, until such time as the agreement is restructured or cancelled, for which MTrac would pay a total of $360,000 annually. Additionally, as part of the MTrac JV, MTrac was to acquire 4% in membership interests in the Company for $1,000,000, representing a post-money valuation for the Company of $25,000,000. We received $360,000 on or about March 15, 2018 from MTrac and were to receive $1,000,000 on or before May 15, 2018. New Exclusive Licensing Agreement MTrac 5 Year License On or about June 12, 2018, we agreed with MTrac to cancel the MTrac JV and replace it with a new exclusive licensing agreement (the “MTrac 5 Year License”) which granted MTrac exclusive use of our technology for high risk industries for a period of 5 years, while cancelling MTrac’s planned equity investment. We applied $270,000 of the $360,000 MTrac had paid us on March 15, 2018 to this MTrac 5 Year License, with the remaining $90,000 paid by MTrac on or about November 6, 2018. New Exclusive Licensing Agreement Unified Agreement On or about October 2, 2018, we entered into a three-party agreement with MTrac and Cultivate Technologies, LLC (“Cultivate”) a Nevada Corporation, to redefine pricing and revenue sharing under a new agreement (the “Unified Agreement”). The Unified Agreement did not eliminate the licensing fees stated in the MTrac 5 Year License, but added and defined a profit sharing agreement on all accounts generated by the merchants and agents that MTrac procured for PubCo, as follows: 40% to MTrac, 40% to PubCo, and 20% to Cultivate, with profit defined as Earnings Before Interest Taxes Depreciation and Amortization (“EBITDA”), adjusted for non-cash long-term compensation, based upon publicly filed financial information. Under the terms of the Unified Agreement, MTrac was granted the exclusive right by Cultivate and us to market the GreenBox Business’ new blockchain ledger-based payment platform which combined our proprietary system with certain proprietary technologies owned by Cultivate, which in combination offer a payment platform that allows a much more user-friendly payment system (the “Current Platform”). New Exclusive Licensing Agreement: Current Exclusive License On or about December 17, 2018, all previous agreements with MTrac were revoked, at which point we entered into a new 5-year exclusive three-party Software License and Services Agreement with Exclusivity with MTrac and Cultivate (referred to as the “Current Exclusive License”). Under the terms of the Current Exclusive License, PubCo waived all future licensing fees for the remaining 4-year term (in recognition of MTrac’s introduction of Kenneth Haller to PubCo – see Section M. Kenneth Haller In order for MTrac to maintain exclusivity rights under the Current Exclusive License, MTrac must meet certain merchant payment processing targets, subsequently modified under a verbal agreement, as follows: as of September 1, 2019, $10,000,000 in monthly processing volume (which MTrac achieved); as of January 1, 2020, $25,000,000; and as of June 1, 2020, $40,000,000 in monthly process volume. Lawsuit On November 25, 2019, five companies (the “Plaintiffs”) filed a complaint against us, MTrac, Global Payout, Inc. and Cultivate Technologies, LLC in the Superior Court of the State of California. The Plaintiffs filed suit to recover processed funds and processing fees alleged to be withheld illegally (see Legal Matters Subsequent Events

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 12 – SUBSEQUENT EVENTS A. Formalizing the Reverse Acquisition On January 4, 2020, PubCo and PrivCo entered into an Asset Purchase Agreement (the “Agreement”), to formalize and memorialize a verbal agreement (the “Verbal Agreement”) entered into on April 12, 2018, by and among PubCo and PrivCo. The Agreement was disclosed in a Form 8-K filed with the Securities and Exchange Commission on January 7, 2020. B. Product Development, Launch and Sales In 2019, we commenced a larger deployment of our blockchain-based, payment and ledger system, which we believe was enthusiastically received. As we increased our Independent Sales Organizations (“ISO”) relationships, we were able to on-board clients at an increasing pace, resulting in increasing revenues. As client acquisitions accelerated, we experienced significant growth in payment processing volume through the third quarter of 2019. Servicing our quickly growing customer base required us to grow our “ acquiring bandwidth As we grew, it became apparent to us that market demand for our services could be substantial and that we would need to upgrade and reengineer certain technology modules of our acquiring engine. As a result, we scaled back our acquiring capabilities in the fourth quarter of 2019, which allowed us to focus on the technology upgrades. As anticipated, this shift in focus resulted in a reduction of revenues in the fourth quarter. However, we anticipate these upgrades will enable growth acceleration in 2020 and beyond. C. Legal Matters During 2019, through November 30, the Company recorded approximately $270,000 in legal expenses for litigation and arbitration. America 2030 Capital Limited and Bentley Rothschild Capital Limited On or about October 31, 2018, Nisan and Errez received constitutive notice, regarding arbitration against Nisan, Errez, PrivCo and possibly PubCo, from Bentley Rothschild Capital Limited ("Bentley") and America 2030 Capital Limited (“America 2030”), both located in Nevis, West Indies, and both claiming breach of contract by Nisan and Errez of Nisan and Errez’s respective individual Master Loan Agreements (see Note 7 – Related Party Transactions RB Capital Partners, Inc. On April 24, 2019, RB Cap and related parties (the “RB Cap Parties”) filed a complaint in the San Diego Superior Court against PrivCo, PubCo, Ben Errez and Fredi Nisan (collectively, the “GreenBox Parties”); and on October 1, 2019, the RB Cap Parties filed an amended complaint against the GreenBox Parties alleging claims of fraud, breach of fiduciary duty, breach of contract and other, related claims in the Superior Court for the State of California, County of San Diego. The GreenBox Parties filed a cross-complaint against the RB Capital Parties, alleging claims of fraud, breach of contract, tortious interference, and other, related claims. On or about December 15, 2019, the GreenBox Parties and RB Cap Parties resolved to negotiate a settlement and agreed in principal to settlements terms. The documentation of the settlement terms was underway as of February 3, 2020. Dahan Yoram Dahan, Melissa Dahan, Forty8 Ltd., and Trustees of the Melissa H. Dahan Living Trust (collectively, “the Dahan Parties”) were also named by RB Capital in the suit listed in the previous paragraph. On October 31, 2019, the GreenBox Parties filed a cross-complaint against the Dahan Parties, alleging claims of fraud, securities fraud, misrepresentation, promissory estoppel, and other related claims, in the Superior Court for the State of California, County of San Diego. On or about December 15, 2019, the GreenBox Parties and the Dahan Parties resolved to negotiate a settlement and agreed in principal to settlements terms. The documentation of the settlement terms was underway as of February 3, 2020. Withholding Suit On November 25, 2019, five companies (the “Plaintiffs”) filed a complaint against us, Global Payout, Inc., MTrac Tech Corporation and Cultivate Technologies, LLC (collectively the “Defendants”) in the Superior Court of the State of California. Plaintiffs filed suit to recover processed funds and processing fees alleged to be withheld illegally (collectively, the “Withholding Suit”). Pursuant to a mandatory arbitration clause in the controlling agreement, the parties to the Withholding Suit have agreed to arbitrate their claims. We do not dispute the funds owed; however, we do believe it’s within our rights to hold the funds, per the terms of agreements signed by Plaintiffs. We disagree with any allegations of any wrongdoing and will aggressively defend ourselves against the Withholding Suit. Ideally, we will settle this claim in the near term. While the results of this matter cannot be predicted with certainty, especially at this early stage, we believe that losses, if any, resulting from resolution of this matter will not have a materially adverse effect on operations or cash flow. D. Kenneth Haller and the Haller Companies / Affiliated Party Transactions Kenneth Haller (“Haller”) became our Senior Vice President of Payment Systems, a key member of our management team, in November 2018. Haller brings considerable advantages to our platform’s development and our business development efforts and capabilities, including transactional business relations and a large network of agents, which we believe capable of processing $1 billion annually (the “Haller Network”). The Haller Network is an amalgamation of the collective networks of Haller and three companies owned or majority-owned by Haller: Sky Financial & Intelligence, LLC (“Sky”), Charge Savvy, LLC and Cultivate, LLC (collectively, the “Haller Companies”), each of which has formalized business relationships with us, as well as with some of our partners (for example, MTrac), which we believe allows us to maximize and diversify our market penetration capabilities. We pay Haller a monthly consulting fee, through Sky, a company 100% owned by Haller, of $10,000, which was subsequently increased to $16,667 per month commencing September 2019 (“Haller Consulting Fee”). In 2019, we paid Sky consulting fees of $30,000 in the quarter ending March 31, $30,000 in the quarter ending June 30, $36,667 in consulting fees in the quarter ending September 30, and $124,150 in the quarter ending December 31, which included $50,000 in consulting fees and $74,150 in expense reimbursement. In 2019, Sky facilitated $1,397,822 in payments (using our funds) on our behalf during the quarter ending September 30, and similarly $184,056 in the quarter ending December 31. During the quarters ending June 30 and September 30 of 2019, Charge Savvy, a company 68.4% owned by Sky, PubCo POS-related equipment totaling $22,450 and $16,000, respectively. Lawsuit On November 25, 2019, five companies (the “Plaintiffs”) filed a complaint against us, Cultivate Technologies, LLC (a company 68.4% owned by Sky), Global Payout, Inc. and MTrac Tech Corporation in the Superior Court of the State of California. Plaintiffs filed suit to recover processed funds and processing fees alleged to be withheld illegally (see Withholding Suit in Section C. Legal Matters E. Issuance of Unregistered Securities PubCo issued the following securities that were not registered under the Securities Act. Except where noted, all the securities stated below were issued in reliance on the exemption under Section 4(a)(2) of the Securities Act. a) On or about May 10, 2019, PubCo issued 10,000 shares to a non-affiliated legal consultant for services rendered. b) On or about June 18, 2019, PubCo issued a total of 850,000 shares to nine PubCo employees as performance bonuses. The shares were fully vested upon issuance and worth $0.10 per share, at closing, on the day of issuance. c) On or about August 14, 2019, PubCo issued 2,307,692 shares to a lender, that chose to convert a $150,000 promissory note at a 50% discount into shares of PubCo. d) On or about August 14, 2019, PubCo issued 1,085,000 shares to PrivCo, as repayment of shares inadvertently transferred by PrivCo to third parties on behalf of PubCo as follows i) On or about December 27, 2018, PrivCo inadvertently ii) On or about January 4, 2019, PrivCo inadvertently transferred 50,000 restricted PubCo shares to a non-affiliated service provider to PubCo for services rendered to PubCo. iii) On or about January 4, 2019, PrivCo inadvertently transferred 35,000 PubCo shares of to a non-affiliated service provider to PubCo for services rendered to PubCo. iv) On or about December 12, 2019, PubCo entered into an agreement to issue 600,000 restricted shares to a non-affiliated service provider as renumeration in lieu of cash fees, on a vesting schedule as follows: 200,000 shares vest upon each of the following milestones: the Company filing its Form 10-K for 2018, the Company filing its three interim Form 10-Qs for 2019, and the Company filing its Form 10-K for 2019. F. Purchase Agreements West Coast Business Capital, LLC On or about November 12, 2019, PubCo entered into a Purchase Agreement with West Coast Business Capital, LLC (“West Coast”). Under the terms of the Purchase Agreement, we agreed to sell West Coast $596,000 of future incoming cashflow from the GreenBox Business, to be delivered to West Coast in daily installments of $5,960, for $400,000, from which $16,000 in fees was deducted, providing us with net cash of $384,000. For accounting purposes, we recorded this transaction as a loan of $400,000, with interest of $196,000, which will be repaid over the following four months. Both Nisan and Errez, individually, signed personal guarantees for this Purchase Agreement. Fox Capital Group, Inc. On or about December 5, 2019, PubCo entered into a Secured Merchant Agreement with Fox Capital Group, Inc. (“Fox”). Under the terms of the Secured Merchant Agreement, we agreed to sell Fox $366,000 of future incoming cashflow from the GreenBox Business, to be delivered to Fox in daily installments of $4,073.33, for $260,000, from which $26,000 in fees was deducted, providing us with net cash of $234,000. For accounting purposes, we recorded this transaction as a loan of $260,000, with interest of $106,000, which will be repaid over the following four months. Both Nisan and Errez, individually, signed personal guarantees for this Secured Merchant Agreement. Complete Business Solutions Group, Inc. On or about December 9, 2019, PubCo entered into an Agreement for the Purchase and Sale of Future Receivables (the “Purchase and Sale Agreement”) with Complete Business Solutions Group Inc, (“CBSG”). Under the terms of the Purchase and Sale Agreement, we agreed to sell CBSG $240,000 of future incoming cashflow from the GreenBox Business, to be delivered to CBSG in weekly installments of $16,000, for $200,000, from which $35 in fees was deducted, providing us with net cash of $19,965. For accounting purposes, we recorded this transaction as a loan of $200,000, with interest of $40,000, which will be repaid over the following four months. Both Nisan and Errez, individually, signed personal guarantees for this Purchase and Sale Agreement. G. Convertible Promissory Notes Vista Capital Investments, LLC Vista $500K Note On March 11, 2019, PubCo issued a convertible promissory note for $500,000 to Vista Capital Investments, LLC (“Vista”) (the “Vista Note”), due October 6, 2019 (the “Maturity Date”). The Vista Note incurred a onetime interest charge of 8%, which was recorded at issuance, and was due upon payback of the Vista Note. The Vista Note included an original issue discount of $125,000, netting the balance received by PubCo from Vista at $375,000. The Vista transaction included commitment fees, which took the form of an obligation by PubCo to issue Vista 25,0000 shares and a four-year warrant to purchase 125,000 shares, with an exercise price of $2.50 (the “Commitment Shares”). Upon the occurrence of an event of default, as defined in the Vista Note, the conversion price shall become equal to a 65% of the lowest traded price for the Company’s common stock in the 25 consecutive trading days preceding the notice of conversion and the balance due shall be multiplied by 130% (the “Default Provision”). The Vista Note’s principal and interest were due to be paid October 6, 2019. On or about October 16, 2019, the parties amended the Vista Note to extend the Maturity Date to November 6, 2019, reduce the principal and interest due to $464,625 and cancel the Commitment Shares. On or about December 11, 2019, the parties agreed to a second amendment of the Vista Note, which extended the Maturity Date to January 15, 2020, required the Company to make a one-time payment of $10,000, changed the principal and interest balance due to $487,858, and waived Vista’s default rights through January 15, 2020. On January 22, 2020, Vista issued a default notice to the Company, which included an increase in the balance due to $634,213. On or about January 28, 2020, the parties agreed upon a third amendment to the Vista Note, which extended the Maturity Date to February 29, 2020, reduced the principal and interest due to $482,856 and required the Company to make a one-time $20,000 payment on or before January 29, 2020, of which $5,000 is to be applied to principal due. All other terms of the note remain in full force and effect.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	BASIS OF PRESENTATION The financial statements include the combined accounts of PubCo and PrivCo. All amounts are presented in U.S. Dollars unless otherwise stated. The accompanying financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”).
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand, cash on deposit with banks, and highly liquid debt investments with a maturity of three months or less when purchased. The Company has cash equivalents of $45,854, excluding cash held for settlement liabilities, and $83,353 as of December 31, 2018 and December 31, 2017, respectively.
Going Concern [Policy Text Block]	Going Concern As of December 31, 2018, the Company had cash and cash equivalents of $45,854, has incurred a net loss of $1,893,276 for the year ending December 31, 2018, and has accumulated a deficit of $2,032,595. During the year ended December 31, 2018, the Company recorded $910,808 in revenues. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Additionally, as the GreenBox ecosystem grows, substantially larger volumes of working capital financing will be required to support our platform’s growth. The Company intends to raise additional capital through private placements of debt and equity securities, but there can be no assurance that these funds will be available on terms acceptable to the Company, or will be sufficient to enable the Company to fully complete its development activities or sustain operations. If the Company is unable to raise sufficient additional funds, we will have to develop and implement a plan to further extend payables, reduce overhead or scale back our business plan until sufficient additional capital is raised to support further operations. There can be no assurance that such a plan will be successful. Accordingly, the accompanying financial statements have been prepared in conformity with GAAP, which contemplate our continuation as a going concern, and the realization of assets and satisfaction of liabilities in the normal course of business. The carrying amounts of assets and liabilities presented in the financial statements do not necessarily purport to represent realizable or settlement values. The financial statements do not include any adjustment that might result from the outcome of this uncertainty.
Business Combinations Policy [Policy Text Block]	Business Combination The Company accounts for all business acquisitions at fair value and expenses acquisition costs as they are incurred. Any identifiable assets acquired, and liabilities assumed, are recognized and measured at their respective fair values on the acquisition date. If information about facts and circumstances existing as of the acquisition date is incomplete at the end of the reporting period in which a business acquisition occurs, the Company will report provisional amounts for the items for which the accounting is incomplete. The measurement period ends once the Company receives sufficient information to finalize the fair values; however, the period will not exceed one year from the acquisition date. Control The Company accounts for Control per ASC 805-10-25-7, which states “The date on which the acquirer obtains control of the acquiree generally is the date on which the acquirer legally transfers the consideration, acquires the assets, and assumes the liabilities of the acquiree — the closing date. However, the acquirer might obtain control on a date that is either earlier or later than the closing date. For example, the acquisition date precedes the closing date if a written agreement provides that the acquirer obtains control of the acquiree on a date before the closing date. An acquirer shall consider all pertinent facts and circumstances in identifying the acquisition date” Consideration The Company accounts for Consideration per ASC 805-10-25-20, which states “The acquirer shall recognize as part of applying the acquisition method only the consideration transferred for the acquiree and the assets acquired and liabilities assumed in the exchange for the acquiree.” Allocation of Purchase Price The Company accounts for Allocation of Purchase Price per ASC 805-20-30-1, which states “The acquirer shall measure the identifiable assets acquired, the liabilities assumed, and any noncontrolling interest in the acquiree at their acquisition date fair values.” Bargain Purchase In accordance with ASC 805, there are circumstances where the acquirer’s interest in the acquiree (i.e., the fair value of consideration transferred, the fair value of any noncontrolling interest in the acquiree and the fair value of any previously held equity interest in the acquiree) is less than the fair value (or other recognized value for the exceptions to fair value recognition) of the identifiable net assets acquired. Such a transaction results in an economic gain to the acquiring entity. Any such gain is recognized in earnings only after a thorough reassessment of all elements of the accounting for the acquisition.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements and Disclosures ASC 820, Fair Value Measurements and Disclosures Level 1 Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 Inputs to the valuation methodology are unobservable and significant to the fair value measurement.
Debt, Policy [Policy Text Block]	Convertible Promissory Notes The Company accounts for convertible promissory notes in accordance with ASC 470-20, Debt with Conversion and Other Options
Lessee, Leases [Policy Text Block]	Leases Lease for office space at our corporate headquarters is classified as an operating lease in accordance with ASC 840, Leases Aggregate future minimum annual payments for our leases as of December 31, 2018, are as follows: Year Operating Leases 2019 130,176 2020 135,562 2021 139,629 Total minimum rentals $ 405,367 Fixed Assets Property and equipment are stated at cost. Depreciation is computed primarily using the straight-line method over the estimated useful lives of the assets, which range from three to eight years. Leasehold improvements are amortized over the shorter of the useful life of the related assets or the lease term. Expenditures for repairs and maintenance are charged to expense as incurred. For assets sold or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any related gain or loss is reflected in income for the period. Long-Lived Asset Impairments The Company reviews long-lived assets, including property and equipment and intangible assets, for impairment when events or changes in business conditions indicate that their carrying value may not be recovered, and at least annually. The Company considers assets to be impaired and writes them down to estimated fair value if expected associated undiscounted cash flows are less than the carrying amounts. Fair value is the present value of the associated cash flows. Revenue Recognition Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers, Research and Development Costs Research and development costs, which are expensed as incurred, are primarily comprised of costs and expenses for salaries and benefits including expenses associated with research and development personnel, contract services and costs of supplies. Income Taxes Federal and state income taxes are computed at currently enacted tax rates less tax credits using the asset and liability method in accordance with ASC Topic 740, “ Income Taxes The Company uses a recognition threshold of more-likely-than-not and a measurement attribute on all tax positions taken or expected to be taken in a tax return in order to be recognized in the condensed consolidated financial statements. Once the recognition threshold is met, the tax position is then measured to determine the actual amount of benefit to recognize in the condensed consolidated financial statements. Earnings (Loss) per Share A basic earnings per share is computed by dividing net income to common stockholders by the weighted average number of shares outstanding for the year. Dilutive earnings per share include the effect of any potentially dilutive debt or equity under the treasury stock method, if including such instruments is dilutive. The Company's diluted earnings/loss per share is the same as the basic earnings/loss per share for the year ended December 31, 2018 and 2017, as there are no potential shares outstanding that would have a dilutive effect. Comprehensive Loss ASC 220, Comprehensive Income Use of Estimates 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 expenses during the reporting period. Actual results could differ from those estimates. Recent Accounting Pronouncements In July 2017, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2017-11, Earnings Per Share (Topic 260), Distinguishing Liabilities from Equity (Topic 480), and Derivatives and Hedging (Topic 815) (“ASU 2017-11”). ASU 2017-11 changes the classification analysis of certain equity-linked financial instruments (or embedded features) with down-round features. The amendments require entities that present earnings per share (“EPS”) in accordance with Topic 260 to recognize the effect of the down round feature when triggered with the effect treated as a dividend and as a reduction of income available to common shareholders in basic EPS. The new standard is effective for nonpublic business entities fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted for all entities, including adoption in an interim period. The new standard is effective for public business entities for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is currently evaluating the impact of the adoption of this accounting standard update. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), which requires lessees to recognize “right of use” assets and liabilities for all leases with lease terms of more than 12 months. The ASU requires additional quantitative and qualitative financial statement footnote disclosures about the leases, significant judgments made in accounting for those leases and amounts recognized in the financial statements about those leases. The effective date will be fiscal periods beginning after December 15, 2019. The Company is currently evaluating the impact of the adoption of this accounting standard update on its financial statements. The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.
Property, Plant and Equipment, Policy [Policy Text Block]	Fixed Assets Property and equipment are stated at cost. Depreciation is computed primarily using the straight-line method over the estimated useful lives of the assets, which range from three to eight years. Leasehold improvements are amortized over the shorter of the useful life of the related assets or the lease term. Expenditures for repairs and maintenance are charged to expense as incurred. For assets sold or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any related gain or loss is reflected in income for the period.
Impairment or Disposal of Long-Lived Assets, Including Intangible Assets, Policy [Policy Text Block]	Long-Lived Asset Impairments The Company reviews long-lived assets, including property and equipment and intangible assets, for impairment when events or changes in business conditions indicate that their carrying value may not be recovered, and at least annually. The Company considers assets to be impaired and writes them down to estimated fair value if expected associated undiscounted cash flows are less than the carrying amounts. Fair value is the present value of the associated cash flows.
Revenue [Policy Text Block]	Revenue Recognition Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers,
Research and Development Expense, Policy [Policy Text Block]	Research and Development Costs Research and development costs, which are expensed as incurred, are primarily comprised of costs and expenses for salaries and benefits including expenses associated with research and development personnel, contract services and costs of supplies.
Income Tax, Policy [Policy Text Block]	Income Taxes Federal and state income taxes are computed at currently enacted tax rates less tax credits using the asset and liability method in accordance with ASC Topic 740, “ Income Taxes The Company uses a recognition threshold of more-likely-than-not and a measurement attribute on all tax positions taken or expected to be taken in a tax return in order to be recognized in the condensed consolidated financial statements. Once the recognition threshold is met, the tax position is then measured to determine the actual amount of benefit to recognize in the condensed consolidated financial statements.
Earnings Per Share, Policy [Policy Text Block]	Earnings (Loss) per Share A basic earnings per share is computed by dividing net income to common stockholders by the weighted average number of shares outstanding for the year. Dilutive earnings per share include the effect of any potentially dilutive debt or equity under the treasury stock method, if including such instruments is dilutive. The Company's diluted earnings/loss per share is the same as the basic earnings/loss per share for the year ended December 31, 2018 and 2017, as there are no potential shares outstanding that would have a dilutive effect.
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Loss ASC 220, Comprehensive Income
Use of Estimates, Policy [Policy Text Block]	Use of Estimates 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 expenses during the reporting period. Actual results could differ from those estimates.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In July 2017, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2017-11, Earnings Per Share (Topic 260), Distinguishing Liabilities from Equity (Topic 480), and Derivatives and Hedging (Topic 815) (“ASU 2017-11”). ASU 2017-11 changes the classification analysis of certain equity-linked financial instruments (or embedded features) with down-round features. The amendments require entities that present earnings per share (“EPS”) in accordance with Topic 260 to recognize the effect of the down round feature when triggered with the effect treated as a dividend and as a reduction of income available to common shareholders in basic EPS. The new standard is effective for nonpublic business entities fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted for all entities, including adoption in an interim period. The new standard is effective for public business entities for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is currently evaluating the impact of the adoption of this accounting standard update. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), which requires lessees to recognize “right of use” assets and liabilities for all leases with lease terms of more than 12 months. The ASU requires additional quantitative and qualitative financial statement footnote disclosures about the leases, significant judgments made in accounting for those leases and amounts recognized in the financial statements about those leases. The effective date will be fiscal periods beginning after December 15, 2019. The Company is currently evaluating the impact of the adoption of this accounting standard update on its financial statements. The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Aggregate future minimum annual payments for our leases as of December 31, 2018, are as follows: Year Operating Leases 2019 130,176 2020 135,562 2021 139,629 Total minimum rentals $ 405,367

REVERSE ACQUISITION (Tables)

REVERSE ACQUISITION (Tables)	12 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	The following is the purchase price allocation on April 12, 2018: At April 12, 2018 Cash and Cash Equivalents 752,393 Customer Accounts 83 Inventory 56,988 Security Deposits 3,990 Fixed Assets, net 17,697 Prepaid Expense 12,543 Assets Acquired $ 843,694 Total Consideration – Liabilities Assumed $ 589,078 Gain on Bargain Purchase 254,616 Total Consideration and Gain on Bargain Purchase $ 843,694

FIXED ASSETS (Tables)

FIXED ASSETS (Tables)	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Fixed Assets consist of the following: December 31, December 31, 2018 2017 Computers $ 15,285 Furniture 4,919 Kiosks 12,750 6,278 Vehicles 4,578 Less: Accumulated Depreciation (6,817 ) (209 ) Total Fixed Assets (net) $ 30,715 $ 6,069

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Provision for income taxes consisted of the following for the years ended December 31: 2018 2017 Current Federal $ - $ - State 900 $ 900 $ - Deferred Federal $ - - State - - $ - $ - Total Provision for Income Taxes $ 900 $ -
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Significant components of the Company's deferred tax assets (liabilities) as of December 31, 2018 and December 31, 2017, are shown below. A valuation allowance of $500,000 as of December 31, 2018, has been established against the Company's deferred tax assets related to loss entities the Company cannot consolidate under the Federal consolidation rules, as realization of these assets is uncertain. 2018 2017 Deferred Tax Assets (liabilities) Charitable Contributions $ (3,700 ) $ - Unearned Revenue (75,600 ) - Depreciation (26,300 ) - Net Operating Loss Carryforward 612,800 - Net deferred tax assets before valuation allowance $ 507,200 $ - Valuation Allowance $ (507,300 ) $ - $ (100 ) $ -
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	The provision for income taxes differs from the amount computed by applying the federal income tax rate as follows for the years ended December 31: 2018 2017 Book Income at Statutory Rates 21.00 % - State Taxes net of Federal Benefit -0.04 % - Non-deductible Meals & Entertainment -0.06 % - Other -0.80 % - Change in Valuation Allowance -20.14 % - Effective Income Tax Rate -0.05 % -

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	Dec. 06, 2018	Apr. 12, 2018USD ($)	Mar. 23, 2018USD ($)$ / sharesshares	Dec. 31, 2018USD ($)$ / shares	Dec. 31, 2017USD ($)$ / shares	Jul. 30, 2018USD ($)	Dec. 31, 2016USD ($)
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Stock Issued During Period, Shares, Acquisitions (in Shares) | shares			144,445,000
Common Stock, Par or Stated Value Per Share (in Dollars per share) | $ / shares			$ 0.001	$ 0.001	$ 0.001
Business Combination, Consideration Transferred			$ 500,000
Payments to Acquire Businesses, Gross			$ 250,000
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in Shares) | shares			250,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets		$ 843,694
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities		589,078
Convertible Notes Payable		185,000
Debt Instrument, Face Amount		300,000				$ 5,700,000
Business Combination, Bargain Purchase, Gain Recognized, Amount		$ 254,616
Number of Patents	5
Cash and Cash Equivalents, at Carrying Value				$ 45,854	$ 83,353		$ 0
Net Income (Loss) Attributable to Parent				(1,893,276)	(139,319)
Retained Earnings (Accumulated Deficit)				(2,032,595)	(139,319)
Revenues				$ 910,808	$ 0
Minimum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Property, Plant and Equipment, Useful Life				3 years
Maximum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Property, Plant and Equipment, Useful Life				8 years

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Schedule of Future Minimum Rental Payments for Operating Leases	Dec. 31, 2018USD ($)
Schedule of Future Minimum Rental Payments for Operating Leases [Abstract]
2019	$ 130,176
2020	135,562
2021	139,629
Total minimum rentals	$ 405,367

REVERSE ACQUISITION (Details)

REVERSE ACQUISITION (Details) - USD ($)	Apr. 12, 2019	Apr. 12, 2018
PubCo [Member]
REVERSE ACQUISITION (Details) [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets	$ 843,694
PrivCo [Member]
REVERSE ACQUISITION (Details) [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets	$ 589,078
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt		$ 185,000
Debt Instrument, Face Amount		$ 300,000

REVERSE ACQUISITION (Details) -

REVERSE ACQUISITION (Details) - Schedule of Business Acquisitions, by Acquisition - ASAP Property Holdings [Member]	Apr. 12, 2018USD ($)
Business Acquisition [Line Items]
Cash and Cash Equivalents	$ 752,393
Customer Accounts	83
Inventory	56,988
Security Deposits	3,990
Fixed Assets, net	17,697
Prepaid Expense	12,543
Assets Acquired	843,694
Total Consideration – Liabilities Assumed	589,078
Gain on Bargain Purchase	254,616
Total Consideration and Gain on Bargain Purchase	$ 843,694

FIXED ASSETS (Details) - Schedu

FIXED ASSETS (Details) - Schedule of Equipment - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Less: Accumulated Depreciation	$ (6,817)	$ (209)
Total Fixed Assets (net)	30,715	6,069
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, gross	15,285	0
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, gross	4,919	0
Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, gross	12,750	6,278
Automobiles [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, gross	$ 4,578	$ 0

EQUITY TRANSACTIONS (Details)

EQUITY TRANSACTIONS (Details) - USD ($)	Apr. 05, 2018	Dec. 22, 2017	Oct. 10, 2017	Sep. 30, 2018	Dec. 31, 2018	Dec. 31, 2017	Nov. 30, 2018
EQUITY TRANSACTIONS (Details) [Line Items]
Equity Method Investment, Ownership Percentage							100.00%
Proceeds from Issuance or Sale of Equity		$ 100,000	$ 100,000		$ 300,000	$ (300,000)
Common Stock, Value, Subscriptions					$ 1,000	$ 0
Payment for Breakup Fee	$ 100,000
Subscription and Stock Purchase Agreement [Member] | RB Capital Partners, Inc. [Member]
EQUITY TRANSACTIONS (Details) [Line Items]
Equity Method Investment, Ownership Percentage					4.00%
Proceeds from Issuance or Sale of Equity					$ 1,000,000
Sale of Stock, Description of Transaction					This transaction implied a post money valuation of $25,000,000. As of February 3, 2020, RB Cap remains a minority membership interest holder in PrivCo, with a claim to approximately six million PubCo shares, however the implications of this ownership and RB Cap’s claim to PubCo shares are in dispute, and are the subject of a lawsuit with RB Cap (see C. Legal Matters under Note 12 – Subsequent Events below).
Joint Venture Agreement [Member] | MTrac Tech Corporation [Member]
EQUITY TRANSACTIONS (Details) [Line Items]
Equity Method Investment, Ownership Percentage				4.00%
Proceeds from Issuance or Sale of Equity				$ 1,000,000
Sale of Stock, Description of Transaction					On or about February 1, 2018 we signed a joint venture agreement (“MTrac JV”) with MTrac Tech Corporation (“MTrac”) a wholly owned subsidiary of Global Payout, Inc. (OTC:GOHE), in which, in addition to defining terms for business collaboration, MTrac was to acquire 4% of our membership interests for $1,000,000, representing a post-money valuation for the Company of $25,000,000, to be received by us on or before May 15, 2018. On or about June 12, 2018, we agreed with MTrac to nullify MTrac’s equity participation, cancel the MTrac JV, and to instead, enter into a subsequent licensing agreement (see Note 11 – MTrac below).
Memorandum of Understanding [Member] | Bucciero [Member]
EQUITY TRANSACTIONS (Details) [Line Items]
Equity Method Investment, Ownership Percentage						22.50%
Sale of Stock, Description of Transaction	On or about April 5, 2018, we agreed to amicably part ways with Bucciero. Under the terms of a Settlement Agreement and Mutual Release, we returned the $200,000 contributed capital, cancelled the $300,000 balance due to us, and paid Bucciero $100,000 as a breakup fee. In return, Bucciero relinquished any and all claims to ownership of any GreenBox equity, and no longer serves as a managing member.					we agreed to sell Bucciero up to 22.5% of the Company, for cash and consideration of $1,250,000, which comprised cash payments due totaling $500,000 for 10%, payments in kind to include licenses and permits valued at $500,000 for 10%, and the remaining 2.5% for anticipated business development activities to be carried out by Bucciero. As of the execution of the MOU, Bucciero became a managing member of the Company on an “as if” ownership basis, assuming ownership of 10% of the Company effective with the execution of the MOU.
Common Stock, Value, Subscriptions						$ 300,000

DEBT ISSUANCES (Details)

DEBT ISSUANCES (Details) - USD ($)

Mar. 13, 2019

Dec. 13, 2018

Nov. 26, 2018

Oct. 23, 2018

Sep. 27, 2018

Aug. 06, 2018

Jun. 08, 2018

Mar. 15, 2018

Jun. 27, 2019

Dec. 31, 2018

Jul. 30, 2018

Apr. 12, 2018

DEBT ISSUANCES (Details) [Line Items]

Securities Purchase Agreement, Maximum

$ 1,500,000

Debt Instrument, Face Amount

$ 5,700,000

$ 300,000

Debt Instrument, Interest Rate, Stated Percentage

5.85%

Debt Instrument, Convertible, Terms of Conversion Feature

RB Cap may elect to convert the note at any time from six months from the date of issuance at a fixed price per share of $4.50.

Convertible Notes Payable

185,000

PULG $235K Note [Member[

DEBT ISSUANCES (Details) [Line Items]

Debt Instrument, Face Amount

253,000

Proceeds from Convertible Debt

$ 250,000

Debt Instrument, Interest Rate, Stated Percentage

10.00%

Debt Instrument, Convertible, Terms of Conversion Feature

The note includes a conversion feature where, beginning 180 days after the issuance date, at which time the lender may convert all or a portion of the outstanding principal and accrued interest balance into shares of the Company’s common stock at a discounted rate of 65%.

Payments of Debt Issuance Costs

$ 3,000

Convertible Notes Payable

$ 253,000

Interest Payable

9,981.37

Debt, Prepayment Penalty

$ 93,333

PULG $53K Note [Member]

DEBT ISSUANCES (Details) [Line Items]

Debt Instrument, Face Amount

$ 53,000

Proceeds from Convertible Debt

$ 50,000

Debt Instrument, Interest Rate, Stated Percentage

10.00%

Debt Instrument, Convertible, Terms of Conversion Feature

The note includes a conversion feature where, beginning 180 days after the issuance date, at which time the lender may convert all or a portion of the outstanding principal and accrued interest balance into shares of the Company’s common stock at a discounted rate of 65%.

Payments of Debt Issuance Costs

$ 3,000

Convertible Notes Payable

53,000

Interest Payable

1,321

Debt, Prepayment Penalty

$ 19,378

PULG $83K Note [Member]

DEBT ISSUANCES (Details) [Line Items]

Debt Instrument, Face Amount

$ 83,000

Proceeds from Convertible Debt

$ 80,000

Debt Instrument, Interest Rate, Stated Percentage

10.00%

Debt Instrument, Convertible, Terms of Conversion Feature

The note includes a conversion feature where, beginning 180 days after the issuance date, at which time the lender may convert all or a portion of the outstanding principal and accrued interest balance into shares of the PubCo’s common stock at a discounted rate of 65%.

Payments of Debt Issuance Costs

$ 3,000

Convertible Notes Payable

83,000

Interest Payable

387

Debt, Prepayment Penalty

$ 17,005

RB Cap $200K Note [Member]

DEBT ISSUANCES (Details) [Line Items]

Debt Instrument, Face Amount

$ 200,000

Debt Instrument, Interest Rate, Stated Percentage

12.00%

Interest Payable

2,301

Convertible Debt

200,000

Saskatchewan Ltd $150K Note [Member]

DEBT ISSUANCES (Details) [Line Items]

Debt Instrument, Face Amount

$ 150,000

Debt Instrument, Interest Rate, Stated Percentage

12.00%

Convertible Debt

$ 150,000

$ 2,307,692

Convertible Debt [Member]

DEBT ISSUANCES (Details) [Line Items]

Debt Instrument, Face Amount

$ 300,000

Debt Instrument, Interest Rate, Stated Percentage

12.00%

Debt Instrument, Convertible, Terms of Conversion Feature

The note’s convertibility feature commenced six months after the note’s issuance, at a conversion rate of $0.001 per share of the Company’s common stock

Interest Payable

15,880

Debt Instrument, Convertible, Conversion Price (in Dollars per share)

$ 0.001

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt

$ 185,000

Debt Conversion, Converted Instrument, Shares Issued (in Shares)

7,500,000

440,476

Debt Conversion, Original Debt, Amount

$ 7,500

$ 185,000

Convertible Debt

$ 107,500

Repayments of Notes Payable

$ 126,092

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)

Jun. 18, 2019

Jan. 04, 2019

Aug. 01, 2018

Jul. 30, 2018

Mar. 23, 2018

Jan. 18, 2018

Nov. 30, 2018

Oct. 31, 2018

Aug. 31, 2018

Jul. 31, 2018

Jun. 30, 2018

Jan. 31, 2018

Dec. 31, 2019

Sep. 30, 2019

Jun. 30, 2019

Mar. 31, 2019

Dec. 31, 2019

Dec. 31, 2018

Nov. 26, 2018

Aug. 20, 2018

Apr. 12, 2018

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Equity Method Investment, Ownership Percentage

100.00%

Payments to Acquire Businesses, Gross

$ 250,000

Commission, Percentage

10.00%

Related Party Transaction, Description of Transaction

On or about December 27, 2018 and January 4, 2019, 1,085,000 shares were inadvertently transferred from PrivCo instead of being issued by the Company. Subsequently, on or about August 14, 2019, the Company issued 1,085,000 shares to PrivCo, as repayment of the shares that had been inadvertently transferred.

Debt Instrument, Face Amount

$ 5,700,000

$ 300,000

Debt Instrument, Interest Rate, Stated Percentage

5.85%

Debt Instrument, Term

10 years

Debt Instrument, Collateral

1,600,000

Debt Instrument, Collateral Amount

$ 2,144,000

PrivCo [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Noncontrolling Interest, Ownership Percentage by Parent

4.00%

Development and Testing Manger [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture (in Shares)

160,000

Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture

$ 16,000

Salary and Wage, NonOfficer, Excluding Cost of Good and Service Sold

$ 96,000

Risk Analyst [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture (in Shares)

110,000

Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture

$ 11,000

Salary and Wage, NonOfficer, Excluding Cost of Good and Service Sold

$ 92,000

Affiliated Entity [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Equity Method Investment, Ownership Percentage

100.00%

Related Party Transaction, Amounts of Transaction

$ 55,365

Stock Issued During Period, Shares, Other (in Shares)

6,000,000

Debt Instrument, Face Amount

$ 300,000

$ 200,000

Employee [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Related Party Transaction, Description of Transaction

Pouya Moghavem, our employee since August 1, 2018, owns 25% of IPX Referral Payments, LLC (“IPX”). In addition to the $5,000 monthly salary we pay Moghavem, we entered into a Referral Agreement with IPX wherein we agreed to compensate IPX for referrals, which subsequently become our customers. During 2018, IPX did not earn any commissions.Additionally, in or about October 2018, IPX provided GreenBox with a merchant trust account in Mexico through Affinitas Bank, one of the Gateways that process payment transactions on our behalf. We did not pay IPX for this service, however, IPX reported that Affinitas paid IPX approximately $1,830.

Officer [Member] | Haller Commissions [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Related Party Transaction, Amounts of Transaction

$ 321

$ 8,396

$ 210

Management [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Other Commitments, Description

As part of Haller’s remuneration, the Company and Haller have a verbal agreement for Haller to be issued approximately 14 to 18 million shares of the Company’s stock. While a formalized remuneration agreement has not yet been executed as of February 3, 2020, the Company does not foresee the issuance to be dilutive, as PrivCo will likely surrender an equal amount of shares to PubCo, as a means of compensating PubCo for the issuance.

QuickCitizen [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Equity Method Investment, Ownership Percentage

50.00%

Payments to Acquire Businesses, Gross

$ 75,000

Subsequent Event [Member] | Affiliated Entity [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Related Party Transaction, Amounts of Transaction

$ 124,150

$ 3,000

Consulting Fees [Member] | Affiliated Entity [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Related Party Transaction, Amounts of Transaction

30,000

$ 1,830

Consulting Fees [Member] | Subsequent Event [Member] | Affiliated Entity [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Related Party Transaction, Amounts of Transaction

50,000

$ 36,667

$ 30,000

$ 30,000

Monthly Consulting Fee [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Related Party Transaction, Amounts of Transaction

10,000

Travel and Relocation Expense Reimbursement [Member] | Affiliated Entity [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Related Party Transaction, Amounts of Transaction

23,365

Travel and Relocation Expense Reimbursement [Member] | Subsequent Event [Member] | Affiliated Entity [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Related Party Transaction, Amounts of Transaction

$ 74,150

Commissions [Member] | Affiliated Entity [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Related Party Transaction, Expenses from Transactions with Related Party

$ 10,758

Charge Savvy [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Related Party Transaction, Description of Transaction

Sky owns 68.4% of Charge Savvy, LLC (“Charge Savvy”), an Illinois limited liability company. Haller serves as one of three Managing Members of Charge Savvy, along with Higher Ground Capital, LLC (owns 14%), and Jeff Nickel (owns 17.4%). It is through Charge Savvy, that the Haller Network is most visible as part of our operations, as Charge Savvy is the ISO through which revenue generated from Haller Network Agents is processed, under a contract between Sky and MTrac, who in turn, has a contract with us. The three managing members of Charge Savvy own the same percentages of Cultivate (see below), as they do Charge Savvy.

Cultivate [Member]

RELATED PARTY TRANSACTIONS (Details) [Line Items]

Related Party Transaction, Description of Transaction

Sky owns 68.4% of Cultivate, LLC (“Cultivate”), an Illinois limited liability company, and serves as one of three Managing Members, along with Higher Ground Capital, LLC (owns 14%), and Jeff Nickel (owns 17.4%). When Cultivate was first formed, it was the licensor of certain proprietary point of sale software, retail point of sale operations, and complementary support of Cultivate’s software and related hardware for on-site credit and debit card processing. Subsequently, Cultivate the entity became exclusively a software provider, ceasing all service and support operations. Eventually certain beneficial aspects of the Cultivate software functionality were integrated into QuickCard, then upgraded and replaced with certain updates.

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	Dec. 21, 2017	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Operating Loss Carryforwards		$ 2,200,000
Deferred Tax Assets, Operating Loss Carryforwards, Not Subject to Expiration		2,200,000
Deferred Tax Assets, Valuation Allowance		$ 507,300	$ 0
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%	21.00%	0.00%

INCOME TAXES (Details) - Sched

INCOME TAXES (Details) - Schedule of Components of Income Tax Expense (Benefit) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Current
Federal	$ 0	$ 0
State	900	0
	900	0
Deferred
Federal	0	0
State	0	0
	0	0
Total Provision for Income Taxes	$ 900	$ 0

INCOME TAXES (Details) - Sch_2

INCOME TAXES (Details) - Schedule of Deferred Tax Assets and Liabilities - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Deferred Tax Assets (liabilities)
Charitable Contributions	$ (3,700)	$ 0
Unearned Revenue	(75,600)	0
Depreciation	(26,300)	0
Net Operating Loss Carryforward	612,800	0
Net deferred tax assets before valuation allowance	507,200	0
Valuation Allowance	(507,300)	0
	$ (100)	$ 0

INCOME TAXES (Details) - Sch_3

INCOME TAXES (Details) - Schedule of Effective Income Tax Rate Reconciliation	Dec. 21, 2017	Dec. 31, 2018	Dec. 31, 2017
Schedule of Effective Income Tax Rate Reconciliation [Abstract]
Book Income at Statutory Rates	35.00%	21.00%	0.00%
State Taxes net of Federal Benefit		(0.04%)	0.00%
Non-deductible Meals & Entertainment		(0.06%)	0.00%
Other		(0.80%)	0.00%
Change in Valuation Allowance		(20.14%)	0.00%
Effective Income Tax Rate		(0.05%)	0.00%

MTRAC (Details)

MTRAC (Details) - USD ($)

Dec. 17, 2018

Nov. 06, 2018

Oct. 02, 2018

Jun. 12, 2018

Mar. 15, 2018

Feb. 01, 2018

Dec. 22, 2017

Oct. 10, 2017

Sep. 30, 2018

Dec. 31, 2018

Dec. 31, 2017

Nov. 30, 2018

MTRAC (Details) [Line Items]

Licensing Agreement, Term

5 years

1 year

Proceeds from Licensing Agreement

$ 360,000

Equity Method Investment, Ownership Percentage

100.00%

Proceeds from Issuance or Sale of Equity

$ 100,000

$ 100,000

$ 300,000

$ (300,000)

Contract with Customer, Liability, Explanation of Change

we agreed with MTrac to cancel the MTrac JV and replace it with a new exclusive licensing agreement (the “MTrac 5 Year License”) which granted MTrac exclusive use of our technology for high risk industries for a period of 5 years, while cancelling MTrac’s planned equity investment. We applied $270,000 of the $360,000 MTrac had paid us on March 15, 2018 to this MTrac 5 Year License, with the remaining $90,000 paid by MTrac on or about November 6, 2018.

Revenue from Contract with Customer, Excluding Assessed Tax

$ 90,000

Contract with Customer, Timing of Satisfaction of Performance Obligation and Payment

On or about December 17, 2018, all previous agreements with MTrac were revoked, at which point we entered into a new 5-year exclusive three-party Software License and Services Agreement with Exclusivity with MTrac and Cultivate (referred to as the “Current Exclusive License”). Under the terms of the Current Exclusive License, PubCo waived all future licensing fees for the remaining 4-year term (in recognition of MTrac’s introduction of Kenneth Haller to PubCo – see Section M. Kenneth Haller below) and gave MTrac the exclusive right to market the Current Platform to high risk cannabis merchants in North America and to license the Current Platform to non-high risk merchant on a nonexclusive basis. The parties’ revenue sharing agreement was newly defined as a split of revenue derived from the processing of the payments from merchants referred under the Current Exclusive License, distributed after deducting certain agreed upon costs, as follows: 50% to MTrac, 25% to PubCo and 25% to Cultivate.In order for MTrac to maintain exclusivity rights under the Current Exclusive License, MTrac must meet certain merchant payment processing targets, subsequently modified under a verbal agreement, as follows: as of September 1, 2019, $10,000,000 in monthly processing volume (which MTrac achieved); as of January 1, 2020, $25,000,000; and as of June 1, 2020, $40,000,000 in monthly process volume.

On or about October 2, 2018, we entered into a three-party agreement with MTrac and Cultivate Technologies, LLC (“Cultivate”) a Nevada Corporation, to redefine pricing and revenue sharing under a new agreement (the “Unified Agreement”). The Unified Agreement did not eliminate the licensing fees stated in the MTrac 5 Year License, but added and defined a profit sharing agreement on all accounts generated by the merchants and agents that MTrac procured for PubCo, as follows: 40% to MTrac, 40% to PubCo, and 20% to Cultivate, with profit defined as Earnings Before Interest Taxes Depreciation and Amortization (“EBITDA”), adjusted for non-cash long-term compensation, based upon publicly filed financial information. Under the terms of the Unified Agreement, MTrac was granted the exclusive right by Cultivate and us to market the GreenBox Business’ new blockchain ledger-based payment platform which combined our proprietary system with certain proprietary technologies owned by Cultivate, which in combination offer a payment platform that allows a much more user-friendly payment system (the “Current Platform”).

Joint Venture Agreement [Member] | MTrac Tech Corporation [Member]

MTRAC (Details) [Line Items]

Equity Method Investment, Ownership Percentage

4.00%

Proceeds from Issuance or Sale of Equity

$ 1,000,000

Pos-Money Valution of the Company

$ 25,000,000

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($)

Jan. 29, 2020

Dec. 09, 2019

Dec. 05, 2019

Nov. 12, 2019

Oct. 16, 2019

Aug. 14, 2019

Jun. 18, 2019

May 10, 2019

Mar. 13, 2019

Mar. 11, 2019

Nov. 26, 2018

Oct. 31, 2018

Nov. 30, 2018

Oct. 31, 2018

Jan. 31, 2018

Dec. 31, 2019

Sep. 30, 2019

Jun. 30, 2019

Mar. 31, 2019

Dec. 31, 2019

Dec. 31, 2018

Aug. 31, 2019

Dec. 31, 2019

Dec. 31, 2018

Jan. 28, 2020

Jan. 22, 2020

Dec. 11, 2019

Jun. 27, 2019

Sep. 27, 2018

Jul. 30, 2018

Apr. 12, 2018

SUBSEQUENT EVENTS (Details) [Line Items]

Subsequent Event, Description

On or about October 31, 2018, Nisan and Errez received constitutive notice, regarding arbitration against Nisan, Errez, PrivCo and possibly PubCo, from Bentley Rothschild Capital Limited ("Bentley") and America 2030 Capital Limited (“America 2030”), both located in Nevis, West Indies, and both claiming breach of contract by Nisan and Errez of Nisan and Errez’s respective individual Master Loan Agreements (see Note 7 – Related Party Transactions above) and seeking forfeiture of 1,600,000 PubCo shares that PrivCo had transferred, on or about August 1, 2018, from PrivCo’s Control Shares under the terms of the MLAs. To date, only informal conversational proceedings have ensued.

Stock Issued During Period, Value, New Issues

$ 7,500

Debt Instrument, Face Amount

$ 5,700,000

$ 300,000

Debt Instrument, Interest Rate, Stated Percentage

5.85%

Debt Instrument, Convertible, Terms of Conversion Feature

RB Cap may elect to convert the note at any time from six months from the date of issuance at a fixed price per share of $4.50.

Saskatchewan Ltd $150K Note [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Debt Instrument, Face Amount

$ 150,000

Debt Instrument, Interest Rate, Stated Percentage

12.00%

Convertible Debt

$ 2,307,692

$ 150,000

Affiliated Entity [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Related Party Transaction, Amounts of Transaction

$ 55,365

Stock Issued During Period, Shares, Other (in Shares)

6,000,000

Debt Instrument, Face Amount

$ 200,000

$ 300,000

Affiliated Entity [Member] | Amount of Facilitated Payments by Related Party [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Related Party Transaction, Amounts of Transaction

$ 184,056

Subsequent Event [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Legal Fees

$ 270,000

Stock Vesting Schedule, Description

PubCo issued the following securities that were not registered under the Securities Act. Except where noted, all the securities stated below were issued in reliance on the exemption under Section 4(a)(2) of the Securities Act. a)On or about May 10, 2019, PubCo issued 10,000 shares to a non-affiliated legal consultant for services rendered. b)On or about June 18, 2019, PubCo issued a total of 850,000 shares to nine PubCo employees as performance bonuses. The shares were fully vested upon issuance and worth $0.10 per share, at closing, on the day of issuance. c)On or about August 14, 2019, PubCo issued 2,307,692 shares to a lender, that chose to convert a $150,000 promissory note at a 50% discount into shares of PubCo. d)On or about August 14, 2019, PubCo issued 1,085,000 shares to PrivCo, as repayment of shares inadvertently transferred by PrivCo to third parties on behalf of PubCo as follows i)On or about December 27, 2018, PrivCo inadvertently transferred 1,000,000 restricted PubCo shares, with a market value of $150,000, which money was deposited into PrivCo’s bank accounts (control of which bank accounts were shared by PubCo and PrivCo from April 12, 2018 through approximately December 31, 2018). ii)On or about January 4, 2019, PrivCo inadvertently transferred 50,000 restricted PubCo shares to a non-affiliated service provider to PubCo for services rendered to PubCo. iii)On or about January 4, 2019, PrivCo inadvertently transferred 35,000 PubCo shares of to a non-affiliated service provider to PubCo for services rendered to PubCo. iv)On or about December 12, 2019, PubCo entered into an agreement to issue 600,000 restricted shares to a non-affiliated service provider as renumeration in lieu of cash fees, on a vesting schedule as follows: 200,000 shares vest upon each of the following milestones: the Company filing its Form 10-K for 2018, the Company filing its three interim Form 10-Qs for 2019, and the Company filing its Form 10-K for 2019.

Stock Issued During Period, Shares, Issued for Services (in Shares)

600,000

10,000

Stock Issued During Period, Shares, New Issues (in Shares)

1,085,000

Subsequent Event [Member] | Saskatchewan Ltd $150K Note [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Debt Conversion, Converted Instrument, Shares Issued (in Shares)

2,307,692

Debt Conversion, Original Debt, Amount

$ 150,000

Subsequent Event [Member] | West Coast Purchase Agreement [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Debt Instrument, Face Amount

$ 596,000

Debt Instrument, Frequency of Periodic Payment

daily

Debt Instrument, Periodic Payment

$ 5,960

Debt Instrument, Fee

$16,000

Proceeds from Sale and Collection of Finance Receivables

$ 384,000

Notes Payable

400,000

Interest Payable

$ 196,000

Subsequent Event [Member] | Fox Capital Group Secured Merchant Agreement [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Debt Instrument, Face Amount

$ 366,000

Debt Instrument, Frequency of Periodic Payment

daily

Debt Instrument, Periodic Payment

$ 4,073.33

Notes Payable

260,000

Interest Payable

106,000

Debt Instrument, Fee Amount

26,000

Proceeds from Collection of Finance Receivables

$ 234,000

Subsequent Event [Member] | Complete Business Solutions Sale of Future Receivables [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Debt Instrument, Face Amount

$ 240,000

Debt Instrument, Frequency of Periodic Payment

weekly

Debt Instrument, Periodic Payment

$ 16,000

Proceeds from Sale and Collection of Finance Receivables

19,965

Notes Payable

200,000

Interest Payable

40,000

Debt Instrument, Fee Amount

$ 35

Subsequent Event [Member] | Vista $500K Note [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Debt Instrument, Face Amount

$ 500,000

Debt Instrument, Interest Rate, Stated Percentage

8.00%

Debt Instrument, Unamortized Discount

$ 125,000

Proceeds from Convertible Debt

$ 375,000

Class of Warrants, Granted (in Shares)

25

Warrants and Rights Outstanding, Term

4 years

Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in Shares)

125,000

Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share)

$ 2.50

Debt Instrument, Convertible, Terms of Conversion Feature

Upon the occurrence of an event of default, as defined in the Vista Note, the conversion price shall become equal to a 65% of the lowest traded price for the Company’s common stock in the 25 consecutive trading days preceding the notice of conversion and the balance due shall be multiplied by 130% (the “Default Provision”).

Convertible Debt

$ 464,625

$ 482,856

$ 634,213

$ 487,858

Repayments of Convertible Debt

$ 20,000

$ 10,000

Debt Instrument, Increase (Decrease), Other, Net

$ 5,000

Subsequent Event [Member] | Performance Bonus to Nine Employees [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Stock Issued During Period, Shares, Other (in Shares)

850,000

Shares Issued, Price Per Share (in Dollars per share)

$ 0.10

Subsequent Event [Member] | Shares Issued for Cash [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Stock Issued During Period, Shares, New Issues (in Shares)

1,000,000

Stock Issued During Period, Value, New Issues

$ 150,000

Subsequent Event [Member] | Stock Issued for Services #1 [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Stock Issued During Period, Shares, New Issues (in Shares)

50,000

Subsequent Event [Member] | Stock Issued for Services #2 [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Stock Issued During Period, Shares, New Issues (in Shares)

35,000

Subsequent Event [Member] | Affiliated Entity [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Amount of Annual Processing Capable

$ 1,000,000,000

Related Party Transaction, Amounts of Transaction

$ 124,150

3,000

Subsequent Event [Member] | Affiliated Entity [Member] | Monthly Consulting Fee [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Related Party Transaction, Amounts of Transaction

$ 16,667

$ 10,000

Subsequent Event [Member] | Affiliated Entity [Member] | Amount of Facilitated Payments by Related Party [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Related Party Transaction, Amounts of Transaction

$ 1,397,822

Subsequent Event [Member] | Affiliated Entity [Member] | Purchase of Equipment [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Related Party Transaction, Amounts of Transaction

$ 16,000

$ 22,450

Consulting Fees [Member] | Affiliated Entity [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Related Party Transaction, Amounts of Transaction

30,000

$ 1,830

Consulting Fees [Member] | Subsequent Event [Member] | Affiliated Entity [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Related Party Transaction, Amounts of Transaction

50,000

$ 36,667

$ 30,000

$ 30,000

Travel and Relocation Expense Reimbursement [Member] | Affiliated Entity [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Related Party Transaction, Amounts of Transaction

$ 23,365

Travel and Relocation Expense Reimbursement [Member] | Subsequent Event [Member] | Affiliated Entity [Member]

SUBSEQUENT EVENTS (Details) [Line Items]

Related Party Transaction, Amounts of Transaction

$ 74,150