secwatch.observer — SEC 8-K summary
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Issuer:     Paysign, Inc. (PAYS)
CIK:        0001496443
Form:       8-K
Filed at:   2022-08-09T23:59:59+00:00
Accession:  0001683168-22-005471
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paysign Q2 revenue $8.6M (+29% YoY); net loss narrows to $0.2M; adds 62 plasma centers
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- Revenue $8.6M, up 29% YoY; net loss $0.2M vs $0.7M loss last year; adjusted EBITDA $0.9M.
- Added 62 plasma centers in Q2, exiting with 437 centers; gross dollar load up 40.5% YoY.
- FY2022 revenue guidance raised to high end of $35.25M-$38.35M (27.5% growth); Q3 rev ~$10.2M, Q4 ~$10.5M.
- Gross margin improved to 55%; engaged Moss Adams LLP as new auditor; unrestricted cash $6.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1496443/000168316822005471/0001683168-22-005471-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1496443/000168316822005471/paysign_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-22-005471

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer