PAYS on Nasdaq
Paysign, Inc.
Settlement income is recorded at the expiration of the card or card program and relates primarily to our corporate incentive programs.4 From its latest annual report
Price unavailable
Last updated Oct 19, 2026.
Overview
Compare with MoneyHero Ltd, FiscalNote Holdings, Inc. or CASS INFORMATION SYSTEMS INC, or pick any stock.
- TickerPAYS on Nasdaq2
- IndustryServices-Business Services, NEC2
- HeadquartersLas Vegas, United States2
- Incorporated inNV3
- Business address2615 St. Rose Parkway, Henderson, Nv 890523
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formCorporation2
- LEI5299004REWHL9UOO5P302
- StatusActive2
- LEI statusIssued and current2
- Registered addressc/o Registered Agents Inc, 732 S 6TH ST, STE R, 89101 Las Vegas, United States2
- Registered withBusiness Center (Secretary of State), NV199511212992
See how the biggest companies compare on our leaderboards
Settlement income is recorded at the expiration of the card or card program and relates primarily to our corporate incentive programs.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Plasma Industry brought in 55% of the revenue Paysign, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Plasma Industry | $43.9M | $45.6M |
| Pharma Industry | $12.7M | $33.9M |
| Other Revenue | $1.9M | $2.5M |
| Breakage Revenue | $242.4K | $474.7K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue41¢$33.3M
- Selling, general and admin40¢$33.0M
- Other costs7¢$5.6M
- Income tax3¢$2.5M
- Profit9¢$7.6M
Out of $82.0M in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending2¢$1.2M
- Share buybacks1¢$375.8K
- Kept or used elsewhere97¢$50.9M
Out of $52.5M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total revenues | $82.0M | $58.4M |
| Cost of revenues | $33.3M | $26.2M |
| Gross profit | $48.7M | $32.2M |
| Selling, general and administrative | $33.0M | $25.2M |
| Depreciation and amortization | $8.3M | $6.0M |
| Total operating expenses | $41.4M | $31.2M |
| Income from operations | $7.4M | $1.0M |
| Interest income, net | $2.7M | $3.1M |
| Income before income tax provision | $10.0M | $4.1M |
| Income tax provision | $2.5M | $322.3K |
| Net income | $7.6M | $3.8M |
| Basic | $0.14 | $0.07 |
| Diluted | $0.13 | $0.07 |
| Basic | 54.4M shares | 53.2M shares |
| Diluted | 59.6M shares | 55.6M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $21.1M | $10.8M | |
| Restricted cash | $143.9M | $111.6M | |
| Accounts receivable, net | $72.2M | $32.6M | |
| Other receivables | $926.5K | $1.6M | |
| Prepaid expenses and other current assets | $2.0M | $2.2M | |
| Total current assets | $240.1M | $158.8M | |
| Fixed assets, net | $1.9M | $1.2M | |
| Intangible assets, net | $22.3M | $12.2M | |
| Goodwill | $4.5M | $0 | |
| Operating lease right-of-use asset | $5.7M | $2.8M | |
| Deferred tax asset, net | $1.7M | $4.0M | |
| Total assets | $276.3M | $179.0M | |
| Accounts payable and accrued liabilities | $70.5M | $34.3M | |
| Operating lease liability, current portion | $751.5K | $448.0K | |
| Other liabilities, current portion | $1.9M | $0 | |
| Customer card funding | $143.2M | $111.3M | |
| Total current liabilities | $216.3M | $146.1M | |
| Operating lease liability, long-term portion | $5.3M | $2.5M | |
| Other liabilities, long-term portion | $6.1M | $0 | |
| Total liabilities | $227.8M | $148.6M | |
| Preferred stock: $0.001 par value; 25,000,000 shares authorized; none issued and outstanding | $0 | $0 | |
| Common stock; $0.001 par value; 150,000,000 shares authorized, 56,021,596 and 54,358,382 issued at December 31, 2025 and 2024, respectively | $56.0K | $54.4K | |
| Additional paid-in capital | $35.5M | $24.6M | |
| Treasury stock at cost, 934,708 shares and 834,708 shares, respectively | -$2.1M | -$1.8M | |
| Retained earnings | $15.1M | $7.5M | |
| Total stockholders equity | $48.5M | $30.4M | $24.5M |
| Total liabilities and stockholders equity | $276.3M | $179.0M | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 25.0M shares | 25.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 150.0M shares | 150.0M shares | |
| Common stock, shares issued | 56.0M shares | 54.4M shares | |
| Treasury stock shares | 934.7K shares | 834.7K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $21.1M | $10.8M | |
| Restricted cash | $143.9M | $111.6M | |
| Accounts receivable, net | $72.2M | $32.6M | |
| Other receivables | $926.5K | $1.6M | |
| Prepaid expenses and other current assets | $2.0M | $2.2M | |
| Total current assets | $240.1M | $158.8M | |
| Fixed assets, net | $1.9M | $1.2M | |
| Intangible assets, net | $22.3M | $12.2M | |
| Goodwill | $4.5M | $0 | |
| Operating lease right-of-use asset | $5.7M | $2.8M | |
| Deferred tax asset, net | $1.7M | $4.0M | |
| Total assets | $276.3M | $179.0M | |
| Accounts payable and accrued liabilities | $70.5M | $34.3M | |
| Operating lease liability, current portion | $751.5K | $448.0K | |
| Other liabilities, current portion | $1.9M | $0 | |
| Customer card funding | $143.2M | $111.3M | |
| Total current liabilities | $216.3M | $146.1M | |
| Operating lease liability, long-term portion | $5.3M | $2.5M | |
| Other liabilities, long-term portion | $6.1M | $0 | |
| Total liabilities | $227.8M | $148.6M | |
| Preferred stock: $0.001 par value; 25,000,000 shares authorized; none issued and outstanding | $0 | $0 | |
| Common stock; $0.001 par value; 150,000,000 shares authorized, 56,021,596 and 54,358,382 issued at December 31, 2025 and 2024, respectively | $56.0K | $54.4K | |
| Additional paid-in capital | $35.5M | $24.6M | |
| Treasury stock at cost, 934,708 shares and 834,708 shares, respectively | -$2.1M | -$1.8M | |
| Retained earnings | $15.1M | $7.5M | |
| Total stockholders equity | $48.5M | $30.4M | $24.5M |
| Total liabilities and stockholders equity | $276.3M | $179.0M | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 25.0M shares | 25.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 150.0M shares | 150.0M shares | |
| Common stock, shares issued | 56.0M shares | 54.4M shares | |
| Treasury stock shares | 934.7K shares | 834.7K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $7.6M | $3.8M |
| Stock-based compensation expense | $4.3M | $2.6M |
| Depreciation and amortization | $8.3M | $6.0M |
| Noncash lease expense | $591.8K | $422.1K |
| Deferred income taxes, net | $2.3M | $298.8K |
| Accounts receivable | -$39.6M | -$16.4M |
| Other receivables | $679.7K | -$20.3K |
| Prepaid expenses and other current assets | $294.2K | -$227.1K |
| Accounts payable and accrued liabilities | $36.6M | $7.8M |
| Operating lease liability | -$431.1K | -$383.7K |
| Customer card funding | $31.9M | $19.0M |
| Net cash provided by operating activities | $52.5M | $22.9M |
| Purchase of fixed assets | -$1.2M | -$434.9K |
| Capitalization of internally developed software | -$6.8M | -$8.9M |
| Purchase of intangible assets | -$83.4K | -$127.6K |
| Net assets acquired in business combination | -$2.0M | $0 |
| Net cash used in investing activities | -$10.1M | -$9.5M |
| Proceeds from exercise of stock options | $660.7K | $28.8K |
| Repurchase of common stock | -$375.8K | -$495.0K |
| Net cash provided by (used in) financing activities | $284.9K | -$466.2K |
| Net change in cash and restricted cash | $42.6M | $13.0M |
| Non-cash assets acquired in business combination | $13.6M | $0 |
| Non-cash liabilities incurred in business combination | -$7.6M | $0 |
| Common stock issued in business combination | -$6.0M | $0 |
| Right-of-use assets obtained in exchange for new operating lease liabilities, net | $3.5M | $0 |
| Cash paid for taxes | $414.2K | $136.6K |
No quarter-by-quarter statement was filed.
Leadership
Who has led Paysign, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerMark Kenneth Attinger Nov 7, 2019 to Nov 7, 201913
- Chief executive officerMark Newcomer Dec 10, 2010 to Nov 7, 201914
- PresidentMatthew Louis Lanford Jul 2, 2021 to Aug 7, 202315
- PresidentMark Newcomer Dec 10, 2010 to Dec 7, 201814
- Chief financial officerMark Kenneth Attinger Dec 7, 2018 to Nov 4, 202016
- Chief financial officerBrian Polan Nov 8, 2016 to Feb 1, 201717
- Chief financial officerJoya Arthur De Dec 10, 2010 to Jun 30, 201518
- Chief operating officerMatthew Louis Lanford Mar 22, 2021 to Aug 7, 202319
- Chief operating officerJoan M. Herman Oct 16, 2017 to Nov 3, 202020
Board members and other officers (23)
- Chief Technology OfficerBradley Kramer Cunningham Sep 4, 2026 to now21
- PRES., PATIENT AFFORDABILITYMatthew Baker Turner Sep 4, 2026 to now22
- Chief Innovation OfficerMichael C. Ngo Sep 8, 2026 to now23
- Chief Payments OfficerMatthew Louis Lanford Jul 2, 2024 to now24
- EVP, OperationsJoan M. Herman Sep 8, 2021 to now25
- SecretaryRobert Strobo Nov 16, 2018 to Nov 16, 201826
- SecretaryAnthony E. Deprima Jun 6, 2014 to Nov 15, 201627
- CIODaniel Spence Jun 6, 2014 to Jul 2, 202128
- CTOChristopher Newcomer Dec 10, 2010 to Jun 30, 201529
- SecretaryDavid Weiler Dec 10, 2010 to Dec 10, 201030
- Board memberMatthew Louis Lanford Aug 7, 2023 to now31
- Board memberJeffrey B. Newman Dec 27, 2022 to now32
- Board memberMark Kenneth Attinger Nov 7, 2019 to Nov 7, 201913
- Board memberRobert Strobo Nov 7, 2019 to Nov 7, 201933
- Board memberBruce A. Mina Apr 9, 2018 to now34
- Board memberQuinn P. Williams Apr 23, 2018 to Apr 20, 202235
- Board memberDaniel R. Henry May 11, 2018 to now36
- Board memberJoan M. Herman Dec 7, 2018 to now37
- Board memberAnthony E. Deprima Dec 10, 2010 to Nov 15, 201638
- Board memberDaniel Spence Dec 10, 2010 to Jul 2, 202139
- Board memberDavid Weiler Dec 10, 2010 to Jun 30, 201530
- Board memberMark Newcomer Dec 10, 2010 to now14
- General counselRobert Strobo Nov 7, 2019 to now33
Former names
- 3PEA INTERNATIONAL, INC.Sep 16, 2010 to Apr 26, 20193
Timeline
Filings
231 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 39 major events, 146 insider forms, 7 large holders, 18 other. The latest 20:
- Oct 14, 20264 EDGAR
- Sep 17, 20264 EDGAR
- Sep 10, 20264 EDGAR
- Sep 8, 20264 EDGAR
- Sep 8, 20263 EDGAR
- Sep 8, 2026144 EDGAR
- Sep 4, 20264 EDGAR
- Sep 4, 20264 EDGAR
- Sep 4, 20263 EDGAR
- Sep 4, 20263 EDGAR
- Aug 14, 20264 EDGAR
- Aug 7, 20264 EDGAR
- Aug 6, 20264 EDGAR
- Aug 6, 20264 EDGAR
- Aug 6, 20264 EDGAR
- Aug 6, 20264 EDGAR
- Aug 6, 202610-Q FORM 10-Q FOR JUN 2026 EDGAR
- Aug 5, 20268-K EDGAR
- Aug 4, 20264 EDGAR
- Aug 4, 20264 EDGAR
The 231 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
147 open-market trades by officers, directors and large owners since October 2021: 45 buys and 102 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 16, 2026 | Herman Joan MEVP, Operations | Sale | 38,900 | $11.74 | $456.7K | Form 4 |
| Sep 15, 2026 | Herman Joan MEVP, Operations | Sale | 21,004 | $12.38 | $260.0K | Form 4 |
| Sep 9, 2026 | Ngo Michael CChief Innovation Officer | Sale | 79,925 | $12.74 | $1.0M | Form 4 |
| Sep 8, 2026 | Ngo Michael CChief Innovation Officer | Sale | 70,075 | $12.85 | $900.5K | Form 4 |
| Aug 12, 2026 | Baker Jeffery BradfordChief Financial Officer | Sale | 35,000 | $12.62 | $441.7K | Form 4 |
| Aug 6, 2026 | Newcomer MarkCEO | Sale | 150,000 | $11.88 | $1.8M | Form 4 |
| Jul 29, 2026 | Newcomer MarkCEO | Sale | 50,000 | $9.38 | $469.0K | Form 4 |
| Jul 16, 2026 | Herman Joan MEVP, Operations | Sale | 28,000 | $8.69 | $243.3K | Form 4 |
| Jul 15, 2026 | Herman Joan MEVP, Operations | Sale | 31,904 | $8.60 | $274.4K | Form 4 |
| Jun 26, 2026 | Herman Joan MEVP, Operations | Sale | 100,000 | $8.01 | $801.0K | Form 4 |
| Jun 11, 2026 | Mina Bruce ADirector | Sale | 10,000 | $7.10 | $71.0K | Form 4 |
| Jun 1, 2026 | Cunningham Bradley KramerChief Technology Officer | Sale | 3,000 | $7.80 | $23.4K | Form 4 |
| Jun 1, 2026 | Mina Bruce ADirector | Sale | 10,000 | $7.10 | $71.0K | Form 4 |
| Jun 1, 2026 | Herman Joan MEVP, Operations | Sale | 29,202 | $8.00 | $233.6K | Form 4 |
| May 29, 2026 | Cunningham Bradley KramerChief Technology Officer | Sale | 10,000 | $7.30 | $73.0K | Form 4 |
| May 26, 2026 | Herman Joan MEVP, Operations | Sale | 22,534 | $7.01 | $158.0K | Form 4 |
| May 26, 2026 | Herman Joan MEVP, Operations | Sale | 22,534 | $7.01 | $158.0K | Form 4 |
| May 4, 2026 | Herman Joan MEVP, Operations | Sale | 6,667 | $7.01 | $46.7K | Form 4 |
| Feb 3, 2026 | Turner Matthew BakerPRES., PATIENT AFFORDABILITY | Sale | 15,057 | $4.16 | $62.6K | Form 4 |
| Dec 12, 2025 | Strobo RobertChief Legal Officer | Sale | 20,000 | $5.47 | $109.4K | Form 4 |
All 147 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BlackRockSCHEDULE 13G, 1 filing Jul 29, 202640
- Topline Capital Management, LLCSCHEDULE 13G/A, 6 filings Jan 20, 2022 to Feb 10, 202541
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARPaysign, Inc. filings on SEC EDGAR
- 2
- 3SEC EDGARPaysign, Inc. filings on SEC EDGAR
- 4
- 5SEC EDGARPaysign, Inc. 10-K for fiscal 2025
- 6SEC EDGARPaysign, Inc. 10-K for fiscal 2019
- 7SEC EDGARPaysign, Inc. 10-K for fiscal 2020
- 8SEC EDGARPaysign, Inc. 10-K for fiscal 2021
- 9SEC EDGARPaysign, Inc. 10-K for fiscal 2022
- 10SEC EDGARPaysign, Inc. 10-K for fiscal 2023
- 11SEC EDGARPaysign, Inc. 10-Q for fiscal 2026
- 12SEC EDGARPaysign, Inc. 10-Q for fiscal 2026
- 13
- 14
- 15SEC EDGARMatthew Louis Lanford, President
- 16
- 17SEC EDGARBrian Polan, Chief financial officer
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25SEC EDGARJoan M. Herman, EVP, Operations
- 26SEC EDGARRobert Strobo, Secretary
- 27SEC EDGARAnthony E. Deprima, Secretary
- 28SEC EDGARDaniel Spence, CIO
- 29SEC EDGARChristopher Newcomer, CTO
- 30SEC EDGARDavid Weiler, Secretary
- 31SEC EDGARMatthew Louis Lanford, Board member
- 32SEC EDGARJeffrey B. Newman, Board member
- 33SEC EDGARRobert Strobo, Board member
- 34SEC EDGARBruce A. Mina, Board member
- 35SEC EDGARQuinn P. Williams, Board member
- 36SEC EDGARDaniel R. Henry, Board member
- 37SEC EDGARJoan M. Herman, Board member
- 38SEC EDGARAnthony E. Deprima, Board member
- 39SEC EDGARDaniel Spence, Board member
- 40
- 41