PAID INC (PAYD) Form 10-Q — May 15, 2026
PAID Inc. reported Q1 2026 revenue of $5.33 million, a 22% increase year-over-year, driven by growth in its shipping coordination segment and the addition of its new Warehowz warehousing segment. The company narrowed its net loss to $41,531 from $148,773 in the prior year quarter, aided by $65,664 in other income from write-offs of aged payables. The filing discloses that management concluded disclosure controls and procedures were not effective due to material weaknesses in internal control over financial reporting.
Key figures
- Eps
- 0
- Revenue
- 5326545
- Total Debt
- 75000
- Revenue Yoy
- 22%
- Total Assets
- 8391614
- Cash Position
- 951698
- Shares outstanding
- 8475159
Price after filing
Close on the filing date to close N calendar days later (from $2.28). Historical, not a forecast.
AI analysis
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