PAID Inc. (the “Company” or “PAID”) was incorporated in Delaware on August 9, 1995. The Company has multiple web addresses, www.paid.com, which offers updated information on various aspects of our operations and www.shiptime.com which showcases our online label generation software. Information contained in the Company's website shall not be deemed to be a part of this Annual Report. The Company's principal executive offices are located at 225 Cedar Hill Street, Marlborough, Massachusetts 01581 with offices also located at 700 Dorval Drive, Oakville, Ontario, Canada. The Company's telephone number is (617) 861-6050.
Company profile
Ticker
PAYD
Exchange
Website
CEO
Allan Pratt
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ROSE INTERNATIONAL LTD, SALES ONLINE DIRECT INC, SECURITIES RESOLUTION ADVISORS INC
SEC CIK
Corporate docs
IRS number
731479833
PAYD stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
1 Apr 24
10-Q
2023 Q3
Quarterly report
14 Nov 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
10-Q
2023 Q1
Quarterly report
15 May 23
10-K
2022 FY
Annual report
31 Mar 23
10-Q
2022 Q3
Quarterly report
14 Nov 22
8-K
Entry into a Material Definitive Agreement
25 Oct 22
10-Q
2022 Q2
Quarterly report
15 Aug 22
10-Q
2022 Q1
Quarterly report
16 May 22
10-K
2021 FY
Annual report
31 Mar 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Cost of revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.74 mm | 1.74 mm | 1.74 mm | 1.74 mm | 1.74 mm | 1.74 mm |
Cash burn (monthly) | 54.92 k | 107.95 k | 21.87 k | 35.64 k | 38.08 k | (no burn) |
Cash used (since last report) | 378.15 k | 743.33 k | 150.61 k | 245.43 k | 262.23 k | n/a |
Cash remaining | 1.36 mm | 992.64 k | 1.59 mm | 1.49 mm | 1.47 mm | n/a |
Runway (months of cash) | 24.7 | 9.2 | 72.5 | 41.8 | 38.7 | n/a |
Institutional ownership, Q3 2021
5.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 922.00 k |
Total shares | 329.40 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Pratt Allan | 329.39 k | $922.00 k |
Freedman Financial Associates | 6.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
29 Feb 24 | David Daniel Scott | Common Stock | Grant | Acquire A | No | No | 1.55 | 9,093 | 14.09 k | 62,969 |
29 Feb 24 | Lewis William Austin IV | Common Stock | Grant | Acquire A | Yes | No | 1.55 | 36,373 | 56.38 k | 3,313,858 |
22 Feb 24 | Andrew Pilaro | Options to Purchase Common Stock | Grant | Acquire A | No | No | 1.55 | 10,000 | 15.50 k | 106,000 |
22 Feb 24 | Bradley Laurie Diane | Options to Purchase Common Stock | Grant | Acquire A | No | No | 1.55 | 10,000 | 15.50 k | 92,500 |
22 Feb 24 | David Ogden | Options to Purchase Common Stock | Grant | Acquire A | No | No | 1.55 | 5,000 | 7.75 k | 55,000 |
21 Mar 23 | Bradley Laurie Diane | Options to Purchase Common Stock | Grant | Acquire A | No | No | 1.75 | 35,000 | 61.25 k | 82,500 |