{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-25-001858","form_type":"8-K","ticker":"PAYS","cik":"0001496443","company_name":"Paysign, Inc.","filed_at":"2025-03-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.781475+00:00","generated_at":"2026-05-24T05:42:48.137317+00:00","sec_items":["2.02","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Paysign Reports FY2024 Revenue of $58.38M and Acquires Gamma Innovation Assets","bullets":["Full-year 2024 total revenues increased 23.5% to $58.38 million, with pharma patient affordability revenue up 214.5%.","Full-year 2024 net income was $3.82 million ($0.07 per diluted share), down from $6.46 million in 2023 due to prior year tax benefit.","Adjusted EBITDA rose 43.3% to $9.62 million, or $0.17 per diluted share, in 2024.","Acquired assets of Gamma Innovation LLC for cash and 2.5M restricted shares vesting over four years, plus up to 500K earn-out shares.","Appointed Michael Ngo, former Gamma managing member, as Chief Innovation Officer."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-25-001858","json":"https://secwatch.observer/filing/0001683168-25-001858.json","markdown":"https://secwatch.observer/filing/0001683168-25-001858.md","text":"https://secwatch.observer/filing/0001683168-25-001858.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1496443/000168316825001858/0001683168-25-001858-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1496443/000168316825001858/paysign_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-24T05:42:48.137317+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}