Usio, inc. (PYDS)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current assets:
Cash and Cash Equivalents, at Carrying Value

1,742

2,137

2,636

3,276

4,465

2,159

2,716

2,722

3,473

4,800

2,199

3,226

3,618

4,120

4,293

4,378

4,223

4,059

52,168

64,865

65,322

2,803

60,775

60,790

54,614

26,573

9,057

2,349

2,401

3,759

3,036

1,896

2,179

3,678

1,943

318

978

Accounts receivable, net

1,082

1,274

1,158

1,568

1,134

1,214

1,147

939

892

969

805

882

850

907

1,001

1,070

1,012

1,135

881

904

911

1,037

935

887

655

585

141

90

138

403

491

275

173

376

428

175

137

Settlement processing assets

29,884

38,906

38,494

35,640

35,173

44,139

34,767

40,130

37,751

38,027

31,521

36,551

34,138

43,851

41,115

25,071

23,423

39,797

-

-

-

36,525

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid card load assets

581

528

725

-

-

535

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

773

773

773

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other

242

183

212

201

241

101

179

242

369

176

226

228

272

142

178

217

326

149

155

158

240

129

137

101

117

98

85

57

91

114

89

45

28

32

32

22

22

Note receivable, net

-

-

108

108

108

108

72

77

150

150

200

700

700

200

200

200

200

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current assets before merchant reserves

33,533

43,030

43,337

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merchant Reserves, Current

8,524

10,016

10,201

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current assets before merchant reserves

-

-

-

40,795

41,124

48,259

38,883

44,112

42,636

44,125

34,953

41,589

39,580

49,221

46,589

30,738

28,986

45,141

-

-

-

40,495

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted Cash and Cash Equivalents, Current

-

-

-

11,074

11,297

12,645

13,602

14,782

15,080

14,977

14,908

14,952

14,725

15,803

18,110

18,316

18,243

17,972

-

-

-

15,660

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

42,058

53,047

53,538

51,870

52,421

60,905

52,486

58,895

57,716

59,102

49,862

56,541

54,306

65,025

64,700

49,054

47,230

63,113

53,979

66,702

67,247

56,156

61,848

61,779

55,387

27,257

9,284

2,498

2,630

4,277

3,618

2,217

2,381

4,086

2,404

516

1,138

Property and equipment, net

1,572

1,557

1,743

1,782

1,849

1,932

2,050

2,121

1,926

2,105

2,274

2,418

2,516

2,494

2,675

2,847

3,001

3,077

3,189

3,102

2,883

2,705

126

131

142

122

130

134

100

91

23

23

5

4

3

3

3

Other assets:
Intangibles, net

2,426

2,676

2,926

3,176

3,426

3,676

3,926

4,176

4,426

4,676

4,967

91

132

172

213

260

301

341

382

392

402

412

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset

1,394

1,394

-

-

-

1,394

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Related party receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

702

702

702

702

702

702

702

703

Marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27

32

24

27

23

83

21

31

77

59

74

74

74

7

99

Intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset

-

-

1,394

1,394

1,394

-

1,394

1,394

1,394

1,394

1,621

1,621

1,621

1,621

1,621

1,621

1,621

1,621

848

848

848

1,621

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Operating lease right-of-use assets

2,424

2,480

2,547

2,614

2,616

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

-

-

-

306

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

424

404

333

312

320

5,377

303

302

182

157

136

223

229

200

199

202

202

202

175

176

208

204

165

165

166

121

113

114

118

52

52

32

31

41

71

41

39

Total other assets

6,669

6,955

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other assets

-

-

7,201

7,497

7,757

-

5,624

5,872

6,003

6,227

6,724

1,935

1,982

1,994

2,234

2,283

2,324

2,165

1,406

1,417

1,459

2,237

193

198

190

148

137

197

140

786

832

794

808

818

848

752

841

Total assets

50,299

61,560

62,484

61,150

62,028

68,215

60,160

66,888

65,645

67,435

58,860

60,896

58,805

69,514

69,610

54,185

52,556

68,356

58,574

71,222

71,591

61,099

62,168

62,109

55,720

27,528

9,553

2,829

2,870

5,155

4,473

3,035

3,195

4,909

3,257

1,271

1,983

Liabilities and stockholders’ equity
Current liabilities:
Accounts payable

244

419

240

239

220

308

251

237

225

300

185

135

231

145

166

203

141

143

169

185

203

37

42

27

55

60

42

31

63

203

341

135

39

43

50

43

70

Accrued expenses

1,369

1,360

1,214

1,593

1,957

852

1,217

901

1,007

1,006

882

733

807

703

810

1,226

1,345

1,328

1,357

1,541

1,636

1,851

1,019

1,154

1,078

1,088

840

586

545

695

647

546

489

521

1,056

1,042

1,040

Operating lease liabilities, current portion

234

356

248

246

184

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Settlement processing obligations

29,884

38,906

38,494

35,640

35,173

44,139

34,767

40,130

37,751

38,027

31,521

36,551

34,138

43,851

41,115

25,071

23,423

39,797

-

-

-

36,525

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid card load obligations

581

528

725

-

-

535

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenues

110

123

137

150

5

20

35

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

139

0

300

-

-

0

Deferred revenues

-

-

-

-

-

-

-

50

90

-

-

-

-

-

-

33

12

-

-

-

-

-

-

-

-

-

0

0

0

3

4

5

3

4

10

13

22

Current liabilities before merchant reserve obligations

32,424

41,695

41,060

37,870

37,540

45,856

36,272

41,320

39,074

39,334

32,589

37,420

35,178

44,699

42,093

26,535

24,922

41,269

-

-

-

38,414

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merchant reserve obligations

8,524

10,016

10,201

11,074

11,297

12,645

13,602

14,782

15,080

14,977

14,908

14,952

14,725

15,803

18,110

18,316

18,243

17,972

-

-

-

15,660

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock award payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

131

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48,396

61,274

61,948

-

58,906

59,489

53,707

25,740

8,155

1,428

1,284

2,115

1,807

1,249

1,895

3,429

2,087

478

983

Total current liabilities

40,949

51,712

51,262

48,944

48,838

58,502

49,874

56,102

54,154

54,312

47,498

52,373

49,903

60,503

60,204

44,851

43,166

59,241

49,924

63,133

63,788

54,075

59,968

60,671

54,841

26,889

9,037

2,047

1,895

3,017

2,800

2,076

2,428

4,298

3,205

1,579

2,118

Non-current liabilities:
Operating lease liabilities, non-current portion

2,346

2,279

2,452

2,519

2,564

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

-

79

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent

-

-

0

0

0

-

58

27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

43,296

53,991

53,715

51,464

51,403

58,581

49,933

56,130

-

54,312

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders’ equity:
Preferred stock, $0.01 par value, 10,000,000 shares authorized; -0- shares outstanding at March 31, 2020 (unaudited) and December 31, 2019, respectively

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock, $0.001 par value, 200,000,000 shares authorized; 18,275,577 and 18,224,577 issued, and 17,137,653 and 17,104,998 outstanding at March 31, 2020 (unaudited) and December 31, 2019, respectively

186

186

186

186

186

185

185

185

186

186

183

181

181

181

185

185

185

185

185

185

185

184

147

147

147

147

147

147

147

147

142

142

142

142

142

142

141

Additional paid-in capital

77,123

77,055

76,658

76,558

76,429

74,568

74,371

74,434

74,188

74,041

68,147

63,970

63,913

63,881

64,859

64,449

64,379

64,302

64,222

64,000

64,000

62,989

56,878

56,878

56,878

56,873

56,873

56,873

56,873

56,873

56,328

56,328

56,328

56,328

56,328

56,318

56,285

Treasury stock, at cost; 1,137,924 and 1,119,579 shares at March 31, 2020 (unaudited) and December 31, 2019, respectively

1,912

1,885

1,866

1,864

1,835

1,813

1,797

1,790

1,787

831

827

827

749

718

286

286

286

286

264

238

238

238

1,241

1,241

1,241

1,241

1,241

1,241

1,241

238

238

238

238

238

-238

-238

238

Deferred compensation

5,407

5,636

5,585

5,810

6,045

6,270

6,372

6,724

6,785

7,012

4,178

3,729

3,905

4,082

5,344

5,573

5,801

6,031

6,272

6,521

6,782

5,839

1,067

1,140

1,213

1,286

1,360

1,433

1,506

1,580

1,020

1,107

1,194

1,281

-1,369

-1,456

1,630

Accumulated deficit

-62,986

-62,151

-60,623

-59,384

-58,109

-57,036

-56,159

-55,346

-54,311

-53,260

-51,962

-51,072

-50,538

-50,251

-50,008

-49,442

-49,087

-49,054

-49,219

-49,337

-49,362

-50,071

-52,516

-53,205

-53,691

-53,853

-53,903

-53,563

-53,297

-53,064

-53,539

-54,166

-54,270

-54,339

-54,811

-55,074

-54,691

Stockholders' Equity Attributable to Parent

7,003

7,568

8,769

9,686

10,625

9,633

10,227

10,758

11,490

13,123

11,362

8,522

8,901

9,011

9,406

9,333

9,389

9,115

8,650

8,088

7,802

7,024

2,199

1,438

878

638

515

782

975

2,138

1,673

959

767

611

52

-307

-134

Total liabilities and stockholders’ equity

50,299

61,560

62,484

61,150

62,028

68,215

60,160

66,888

65,645

67,435

58,860

60,896

58,805

69,514

69,610

54,185

52,556

68,356

58,574

71,222

71,591

61,099

62,168

62,109

55,720

27,528

9,553

2,829

2,870

5,155

4,473

3,035

3,195

4,909

3,257

1,271

1,983