Paid INC

Market Movers (8-K)

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Paid Inc. announced the appointment of Lance Healy, a freight technology veteran with over 30 years of experience, to its Board of Directors to support its expansion in North American logistics.
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PAID Inc., through its subsidiary ShipTime, has acquired an 80% stake in Warehowz, a North American on-demand warehousing marketplace, to enhance its logistics capabilities and market presence.
Worse than expected
Capital raise
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David Ogden has resigned from the Board of Directors of PAID, Inc., effective immediately, stating no disagreement with company operations.
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PAID Inc. has entered into a financing agreement to loan up to $400,000 to 5String Solutions, LLC, with a portion of the loan convertible into a majority stake in the company.
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PAID, Inc. has changed its independent registered public accounting firm from KMJ Corbin & Company LLP to dbbmckennon, effective June 14, 2024.

Quarterly Earnings (10-Q)

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PAID, Inc. reports a 22% revenue increase to $5.3 million for Q1 2026, driven by growth in shipping services and the new warehousing segment.
Capital raise
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PAID, Inc. reported a 24% increase in Q3 2025 revenue driven by shipping services, but recorded a significant net loss for the nine months ended September 30, 2025, alongside ongoing internal control weaknesses.
Delay expected
Worse than expected
Capital raise
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PAID Inc. reported an 18% increase in Q2 2025 revenues driven by shipping coordination services, but posted a net loss of $397,349 due to higher operating expenses and reduced other income.
Worse than expected
Delay expected
Capital raise
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PAID Inc. saw a revenue increase in Q1 2025 driven by shipping coordination and label generation services, but experienced a net loss compared to net income in the same period last year.
Capital raise
Worse than expected
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PAID Inc. saw an 8% increase in revenue in Q3 2024, primarily driven by its shipping coordination and label generation services, and achieved a net income for the first nine months of 2024.
Better than expected
Delay expected
Capital raise
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PAID Inc. achieved a net income of $1.1 million in the first half of 2024, primarily due to growth in its shipping coordination and label generation services.
Better than expected
Capital raise

Annual Reports (10-K)

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PAID Inc. reported an 11% revenue increase in 2025, driven by shipping services, but posted a net loss due to higher operating expenses and reduced other income.
Worse than expected
Capital raise
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PAID Inc. announces a net income of $763,592 for 2024, primarily driven by growth in its shipping coordination and label generation services.
Delay expected
Better than expected
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Paid Inc. renews its CEO's employment agreement, increases his base salary, and grants stock options, while also outlining a strategic focus on expanding its e-commerce platform and winding down its brewery software segment.
Worse than expected
Capital raise

Insider Trading (Form 4)

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PAID INC's CEO and 10% owner, William Austin Lewis IV, acquired 37,072 shares of common stock at $2.40 per share.
Better than expected
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John Victor Smith, a former 10 percent owner of PAID INC, disposed of 82,000 shares of common stock for $1.57 per share on June 21, 2025, reducing his direct beneficial ownership to 805,100 shares.
Worse than expected
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William Austin Lewis IV, CEO, CFO, and Director of PAID Inc., reports the acquisition of 250,000 shares of common stock through indirect ownership.
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David Scott, COO of PAID Inc., reported the acquisition and disposal of company stock on March 19, 2025.
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W. Austin Lewis IV, CEO and CFO of PAID Inc., reports acquiring 33,164 shares of common stock at $3.03 per share on March 19, 2025.
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Director Andrew Pilaro of Paid Inc. reported acquiring 4,000 shares of common stock at $0.975 per share and disposing of 110,000 shares.

Schedule 13G - Passive Investments

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John Smith has disclosed a 9.9% passive beneficial ownership stake in Paid, Inc., holding 805,100 shares of common stock.