Welcome to our dedicated page for Paid SEC filings (Ticker: PAYD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The PAYD SEC filings page on Stock Titan provides access to regulatory documents filed by PAID Inc, the registrant associated with the PAYD ticker. These filings, submitted to the U.S. Securities and Exchange Commission, document corporate events, governance changes, and other disclosures related to the company and its association with ShipTime Canada Inc., a logistics technology platform described in public news releases as a Paid Inc. company.
Among the filings, Form 8-K current reports are particularly important for tracking material events. For example, a recent Form 8-K records the resignation of a director and includes the resignation letter as an exhibit. Such filings help investors and researchers understand changes in the company’s board and governance structure, as well as other significant developments that PAID Inc is required to disclose.
On this page, users can review annual reports on Form 10-K and quarterly reports on Form 10-Q when available, along with other submissions such as additional 8-Ks and exhibits. These documents often contain information about the company’s operations, risk factors, and corporate organization. For a business linked with a logistics technology platform like ShipTime, filings can provide context on the relationship between the public registrant and its operating entities.
Stock Titan enhances this experience with AI-powered summaries that explain the key points of lengthy filings in plain language. Real-time updates from the SEC’s EDGAR system help ensure that new documents appear promptly. Users can quickly identify important sections in 10-K and 10-Q reports, and locate current reports on Form 8-K that describe governance changes or other material events for PAID Inc (PAYD).
PAID Inc director Lance Nelson Healy has filed a Form 3, which is an initial statement of beneficial ownership of company securities. The available data shows no reported transactions, no derivative positions, and no specific share holdings listed for this reporting person.
PAID, Inc. reported stronger top-line results for the quarter ended March 31, 2026, with net revenues of $5,326,545, up 22% from $4,377,790 a year earlier, driven mainly by shipping coordination and label generation services and initial warehousing revenue.
Gross profit rose to $1,060,588, though gross margin slipped to 20% from 22% as costs grew with volume. The net loss narrowed significantly to $41,531 from $148,773, reflecting flat operating expenses, higher revenue and $76,646 of other income from write-offs.
Cash and cash equivalents were $951,698 with a working capital deficit of $353,993, while long-term notes receivable totaled $4,656,064, largely tied to a secured Embolx note. Management states it believes existing resources and cost controls can fund operations into May 2027, though repayment of the Embolx note and business growth are key assumptions. The company completed the Warehowz acquisition, adding warehousing capabilities, and continues to report material weaknesses in internal control, with disclosure controls deemed not effective.
Paid Inc. reported the appointment of freight technology veteran Lance Healy to its Board of Directors to fill a recent vacancy. Healy brings more than 30 years of experience in freight technology, carrier connectivity, and logistics data intelligence, supporting the company’s ShipTime logistics platform.
Healy has been appointed as a Class I director and will serve through April 17, 2029, unless a successor is elected earlier or he departs. As compensation, he will receive $10,000 per year and an option to purchase 20,000 shares of common stock annually. He currently serves as Co-Founder and CEO of Freight Facts and previously co-founded Banyan Technology.
PAID, Inc. reports full-year 2025 results with total revenue of $20.7 million, up 11% from 2024, driven mainly by shipping coordination and label-generation services, which rose 12% to $20.7 million.
Client services and eCommerce revenues declined as the company retired brewery software and shifted Paid-branded products toward a broader platform. Gross profit increased 14% to $4.6 million, but higher operating expenses, including share-based compensation and added executives, led to a net loss of $0.37 million versus prior-year profit boosted by note income.
Cash was $1.1 million and working capital was a $0.30 million deficit at year-end, though management believes resources cover 12 months. The business remains focused on ShipTime’s SaaS shipping platform and Paid’s e-commerce tools, while managing risks from competitive pressure, tariff-related uncertainty and continued material weaknesses in internal controls.
Paid Inc COO Scott David Daniel received a stock award of 5,329 shares of common stock on March 5, 2026. The award was recorded at a price of $2.40 per share and reflects equity-based compensation rather than an open-market purchase.
After this grant, Daniel directly holds a total of 73,226 common shares. This filing shows an increase in his equity stake in the company through a single grant, with no share sales or derivative option exercises reported.
Lewis William Austin IV reported acquisition or exercise transactions in this Form 4 filing.
PAID INC CEO and CFO William Lewis Austin IV reported an indirect grant of 37,072 shares of common stock at $2.40 per share. The shares are held through Lewis Asst Mgmt Corp, bringing his reported indirect holdings to 3,671,125 shares following the award.
Paid, Inc. reported that, effective January 30, 2026, it acquired approximately an 80% ownership stake in Warehowz, Inc., a U.S. on‑demand warehousing and fulfillment marketplace.
As part of the deal, Paid will repay about $102,000 of Warehowz indebtedness around February 28, 2026 in shares of its restricted common stock, priced using the prior 30‑day average, and will also pay off an additional $75,000 convertible note within 120 days of closing.
After certain costs and debts are deducted, former Warehowz shareholders who sold their shares will receive two earnout payments based on their former ownership percentages, equal to 8.5% of net revenue plus 40% of net income for each of the 12‑month periods ended December 31, 2026 and 2027, with cash due on April 15, 2027 and April 15, 2028 and subject to offsets for indemnity claims and unassumed liabilities.
Warehowz generated approximately $428,000 in revenue and a net loss of about $79,800 in 2025. A related press release explains that the acquisition is intended to expand ShipTime Canada Inc. (a Paid subsidiary) across North America by combining ShipTime’s shipping technology with Warehowz’s network of more than 2,500 warehouses, aiming to offer integrated warehousing, fulfillment, and delivery solutions for merchants and enterprise shippers.
PAID, Inc. filed its Q3 2025 10‑Q, showing stronger quarterly results driven by shipping services in Canada. Revenue rose to $5,508,629 (up 24% year over year), and the company posted net income of $32,156 versus a loss a year ago. Gross profit improved to $1,277,525, with gross margin at 23%.
For the first nine months, revenue reached $15,314,444 (up 16%), while the company recorded a net loss of $513,965, reflecting higher share‑based compensation and lower other income compared with 2024. Cash and equivalents were $1,149,384 with a working capital deficit of $434,040. Management cites shipping coordination and label generation as the main growth driver, with approximately 99% of revenue from Canada. Management believes cash resources are adequate over the next 12 months, and notes repayment of the Embolx note receivable would help but the timing is uncertain. Disclosure controls were not effective due to material weaknesses. A legacy legal dispute remains pending with no reserve recorded.
PAID, Inc. reported a board change: Director David Ogden resigned on October 15, 2025. In his resignation letter, he stated the decision was not the result of any disagreement with the company’s operations, policies, or procedures.
The company filed the resignation letter as Exhibit 17.1 with the report. No other management or operational changes were disclosed in this filing.