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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2018	Jul. 31, 2018
Document And Entity Information
Entity Registrant Name	Ipsidy Inc.
Entity Central Index Key	0001534154
Document Type	10-Q
Trading Symbol	IDTY
Document Period End Date	Jun. 30, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		412,344,956
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2018

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Current Assets:
Cash	$ 1,312,667	$ 4,413,822
Accounts receivable, net	775,730	165,929
Current portion of net investment in direct financing lease	55,679	52,790
Inventory	167,649	492,030
Other current assets	481,702	218,537
Total current assets	2,793,427	5,343,108
Property and equipment, net	190,218	209,719
Other Assets	1,610,996	1,243,531
Intangible Assets, net	2,711,129	2,878,080
Goodwill	6,736,043	6,736,043
Net investment in direct financing lease, net of current portion	590,182	618,763
Total assets	14,631,995	17,029,244
Current Liabilities:
Accounts payable and accrued expenses	1,944,356	1,447,185
Capital lease obligation, current portion	29,107	27,420
Deferred revenue	657,945	122,511
Total current liabilities	2,631,408	1,597,116
Long-term liabilities:
Notes payable, net	2,698,834	2,375,720
Capital lease obligation, net of current portion	100,521	115,509
Total liabilities	5,430,763	4,088,345
Stockholders' Equity:
Common stock, $0.0001 par value, 1,000,000,000 shares authorized; 412,344,956 and 403,311,988 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively	41,234	40,331
Additional paid in capital	80,541,473	79,053,339
Accumulated deficit	(71,633,597)	(66,407,622)
Accumulated comprehensive income	252,122	254,851
Total stockholders' equity	9,201,232	12,940,899
Total liabilities and stockholders' equity	$ 14,631,995	$ 17,029,244

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized	1,000,000,000	1,000,000,000
Common stock, issued	412,344,956	403,311,988
Common stock, outstanding	412,344,956	403,311,988

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Revenue:
Products and services	$ 1,821,807	$ 540,616	$ 2,329,734	$ 1,106,161
Lease income	17,520	18,836	35,382	37,980
Total revenues, net	1,839,327	559,452	2,365,116	1,144,141
Operating Expenses:
Cost of Sales	743,709	155,141	863,957	304,270
General and administrative	3,256,150	2,749,355	6,055,153	8,000,567
Research and development	20,330	27,766	25,691	56,838
Depreciation and amortization	113,768	137,000	224,140	246,534
Total operating expenses	4,133,957	3,069,262	7,168,941	8,608,209
Loss from operations	(2,294,630)	(2,509,810)	(4,803,825)	(7,464,068)
Other Income (Expense):
Loss on derivative liability				(452,146)
Gain on extinguishment of note payable				2,802,234
Loss on modification of derivatives				(319,770)
Loss on modification of warrants				(158,327)
Loss on settlement of notes payable				(5,978,643)
Interest expense	(246,298)	(291,168)	(485,467)	(895,182)
Other income	77,734		77,734
Other (expense), net	(168,564)	(291,168)	(407,733)	(5,001,834)
Loss before income taxes	(2,463,194)	(2,800,978)	(5,211,558)	(12,465,902)
Income Taxes	(9,856)	(1,600)	(14,417)	(5,770)
Net Loss	$ (2,473,050)	$ (2,802,578)	$ (5,225,975)	$ (12,471,672)
Net Loss per share - Basic (in dollars per share)	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.04)
Net Loss per share - Diluted (in dollars per share)	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.04)
Weighted Average Shares Outstanding - Basic (in shares)	407,490,811	344,140,554	405,872,537	319,868,353
Weighted Average Shares Outstanding - Diluted (in shares)	407,490,811	344,140,554	405,872,537	319,868,353

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Statement of Comprehensive Income [Abstract]
Net loss	$ (2,473,050)	$ (2,802,578)	$ (5,225,975)	$ (12,471,672)
Foreign currency translation loss	(29,018)	(46,772)	(2,729)	(23,319)
Comprehensive loss	$ (2,502,068)	$ (2,849,350)	$ (5,228,704)	$ (12,494,991)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) - 6 months ended Jun. 30, 2018 - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Income [Member]	Total
Balance, beginning at Dec. 31, 2017	$ 40,331	$ 79,053,339	$ (66,407,622)	$ 254,851	$ 12,940,899
Balance, beginning (in shares) at Dec. 31, 2017	403,311,988				403,311,988
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Restricted stock issued for services	$ 347	148,124			$ 148,471
Restricted stock issued for services (in shares)	3,470,000
Common stock issued for services	$ 17	47,650			47,667
Common stock issued for services (in shares)	170,240
Stock-based compensation		1,292,900			1,292,900
Cashless exercise of common stock warrants	$ 350	(350)
Cashless exercise of common stock warrants (in shares)	3,498,943
Cashless exercise of common stock options	$ 112	(112)
Cashless exercise of common stock options (in shares)	1,122,233
Common stock issued for loan extension	$ 150	(150)
Common stock issued for loan extension (in shares)	1,500,000
Cancellation of shares in settlement of amounts due from Multipay	$ (73)	73
Cancellation of shares in settlement of amounts due from Multipay (in shares)	(728,448)
Net loss			(5,225,975)		(5,225,975)
Foreign currency translation				(2,729)	(2,729)
Balance, ending at Jun. 30, 2018	$ 41,234	$ 80,541,473	$ (71,633,597)	$ 252,122	$ 9,201,232
Balance, ending (in shares) at Jun. 30, 2018	412,344,956				412,344,956

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (5,225,975)	$ (12,471,672)
Adjustments to reconcile net loss with cash flows from operations:
Depreciation and amortization expense	224,140	246,534
Stock-based compensation	1,292,900	4,266,670
Stock issued for services	196,138	62,805
Inventory reserve	348,308
Amortization of debt discounts and issuance costs	323,114	648,996
Loss on derivative liability		452,146
Gain on settlement of notes payable		(2,802,234)
Loss on modification of derivatives		319,770
Loss on modification of warrants		158,327
Loss on settlement of debt		5,978,643
Changes in operating assets and liabilities:
Accounts receivable	(620,817)	(16,913)
Net investment in direct financing lease	25,692	23,094
Other current assets	(263,165)	(21,763)
Inventory	(41,435)	(705,579)
Accounts payable and accrued expenses	525,977	240,218
Deferred revenue	535,434	(277,992)
Net cash flows from operating activities	(2,679,689)	(3,898,950)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(15,690)	(8,194)
Investment in other assets	(389,767)	(536,184)
Net cash flows from investing activities	(405,457)	(544,378)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of notes payable and common stock		3,000,000
Proceeds from the sale of common stock		3,570,100
Payment of debt and equity issuance costs		(375,821)
Principal payments on notes payable		(44,599)
Principal payments on capital lease obligation	(14,988)	(9,904)
Net cash flows from financing activities	(14,988)	6,139,776
Effect of Foreign Currencies	(1,021)	(9,356)
Net Change in Cash	(3,101,155)	1,687,092
Cash, Beginning of the Period	4,413,822	689,105
Cash, End of the Period	1,312,667	2,376,197
Supplemental Disclosure of Cash Flow Information:
Cash paid for interest	8,247	6,418
Cash paid for income taxes	14,417	5,770
Non-cash Investing and Financing Activities:
Issuance of common stock for conversion of debt and accrued interest		21,609,673
Issuance of warrants for inventory costs		224,460
Reclassification of derivative liabilities upon removal of price protection in warrants		7,614,974
Acquisition of equipment pursuant to a capital		$ 163,407

BASIS OF PRESENTATION

6 Months Ended

Jun. 30, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

BASIS OF PRESENTATION

NOTE 1 – BASIS OF PRESENTATION

In the opinion of Management, the accompanying unaudited condensed consolidated financial statements are prepared in accordance with instructions for Form 10-Q, include all adjustments (consisting only of normal recurring accruals) which we considered as necessary for a fair presentation of the results for the periods presented. Certain information and footnote disclosures normally included in the consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted. It is suggested that these condensed consolidated financial statements be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2017. The results of operations for the three and six months ended June 30, 2018 are not necessarily indicative of the results to be expected for future periods or the full year.

The condensed consolidated financial statements include the accounts of Ipsidy Inc. and its wholly-owned subsidiaries MultiPay S.A.S., ID Global LATAM, IDGS S.A.S., ID Solutions, Inc., FIN Holdings Inc., Ipsidy Enterprises Limited, and Cards Plus Pty Ltd. (collectively the “Company”). All significant intercompany balances and transactions have been eliminated in consolidation.

Going concern

As of June 30, 2018, the Company had an accumulated deficit of approximately $71.6 million. For the six months ended June 30, 2018, the Company’s revenue aggregated approximately $2.4 million and the Company incurred a loss from operations of approximately $4.8 million.

The reports of our independent registered public accounting firm on our consolidated financial statements for the years ended December 31, 2017 and 2016 contained an explanatory paragraph regarding our ability to continue as a going concern based upon our net losses.

These unaudited condensed consolidated financial statements have been prepared on a going concern basis, which implies the Company will continue to meet its obligations and continue its operations for the next fiscal year. The continuation of the Company as a going concern is dependent upon financial support from the Company’s current shareholders, the ability of the Company to obtain additional equity or debt financing to continue operations, the Company’s ability to generate sufficient cash flows from operations, successfully locating and negotiating with other business entities for potential acquisition and /or acquiring new clients to generate revenues and cash flows.

There is no assurance that the Company will ever be profitable or be able to secure funding or generate sufficient revenues to sustain operations. As such, there is substantial doubt about the Company’s ability to continue as a going concern. These unaudited condensed consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern.

See Note 12 - Subsequent Events regarding the Company’s equity funding round in August 2018 with subscription agreements received for approximately $9.1 million.

Net Loss per Common Share

The Company computes net loss per share in accordance with FASB ASC 260, “Earnings per Share”. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the statement of operations. Basic EPS is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period including stock options, using the treasury stock method, and convertible notes and stock warrants, using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options, warrants and conversion of convertible notes. Diluted EPS excludes all dilutive potential common shares if their effect is anti-dilutive. The following potentially dilutive securities were excluded from the calculation of diluted loss per share for the three months ended June 30, 2018 and 2017 because their effect was antidilutive:

Security	2018		2017
Stock Options		105,950,000		106,050,000
Warrants		43,731,210		47,538,697
Total		149,681,210		153,588,669

Inventories

Inventories of kiosks held by IDGS S.A.S are stated at the lower of cost (using the first-in, first-out method) or net realizable value. The kiosks provide electronic ticketing for transit systems. Inventory of plastic/ID cards, digital printing material, which are held by Cards Plus Pty Ltd., are at the lower of cost (using the average method) or market. The Plastic/ID cards and digital printing material are used to provide plastic loyal ID and other types of cards. Inventories at June 30, 2018 and December 31, 2017 consist of kiosks that were not placed into service which are held for sale at June 30, 2018 and cards inventory. As of June 30, 2018, the Company fully reserved the value of the kiosks down to estimated net realizable value of $0.

Leases

All leases are classified at the inception as direct finance leases or operating leases based on whether the lease transfers substantially all the risks and rewards of ownership.

Leases that transfer to the lessee substantially all the risks and rewards incidental to ownership of the asset are classified as direct finance leases.

Revenue Recognition

In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (“Topic 606”). Topic 606 supersedes the revenue recognition requirements in ASU Topic 605, Revenue Recognition (“Topic 605”), and requires the recognition of revenue when promised goods or services are transferred to customers in an amount that reflects the considerations to which the entity expects to be entitled to in exchange for those goods or services. ASU 2014-09 also includes Subtopic 340-40, Other Assets and Deferred Costs - Contracts with Customers, which discusses the deferral of incremental costs of obtaining a contract with a customer, including the period of amortization of such costs. Collectively, we refer to Topic 606 and Subtopic 340-40 as the “new standard.” The new standard was adopted by the Company in our fiscal year beginning January 1, 2018.

The two permitted transition methods under the new standard are the full retrospective method, in which the new standard would be applied to each prior reporting period presented and the cumulative effect of applying the new standard would be recognized at the earliest period shown, or the modified retrospective method, in which the cumulative effect of applying the new standard would be recognized at the date of initial application. Based on our assessment, the impact of the new standard on our operations in prior periods is not significant. The following is the Company’s revenue recognition policy determined by revenue stream for its significant revenue generating activities through June 30, 2018.

Cards Plus - The Company recognizes revenue for the design and production of cards when products are shipped or services have been performed due to the short term nature of the contracts.

Payment Processing – The Company recognizes revenue for variable fees generated for payment processing solutions that are earned on a usage fee over time based on monthly transaction volumes or on a monthly flat fee rate. Additionally, the Company also sells certain equipment from time to time for which revenue is recognized upon delivery to the customer.

Identity Solutions Software – The Company recognizes revenue based on the identified performance obligations over the performance period for fixed consideration and for variable fees generated that are earned on a usage fee based over time based on monthly transaction volumes or on a monthly flat fee rate. The Company had a deferred revenue contract liability of approximately $658,000 and $123,000 as of June 30, 2018 and December 31, 2017 for certain revenue that will be earned in future periods. The $123,000 of deferred revenue contract liability as of December 31, 2017 was earned in the six months ended June 30, 2018. The deferred revenue relates to the service period of support services for two customers. As of June 30, 2018 majority of the deferred revenue contract liability will be recognized over the next three quarters. We have allocated the selling price in the contract to one customer which has multiple performance obligations based on the contract selling price that we believe represents a fair market price for the service rendered.

During the six months ended June 30, 2018, the Company had revenues from operations in North American, South America and Africa was $1.5 million, $0.2 million and $0.7 million respectively compared to $0.3 million, $0.2 million, $0.6 million in the six months ended June 30, 2017 respectively.

In 2018, the Company introduced its new transaction platform and products as well as its pay for performance plan for both internal and external salesforce, that is based on a percentage of the benefit derived by the Company. For the three and six months ended June 30, 2018, no revenues associated with these new platforms were recognized or required to be recognized as the services have not yet commenced.

The requirements under the new standard may impact future revenue and expenses recognition. One impact could be the accounting related to the capitalization and deferral of incremental commission and other costs of obtaining new contracts. We will defer direct and incremental commission as well as costs to obtain a contract and amortize those costs over the term of the related contract. As of June 30, 2018, there was a deferred commission of approximately $37,000 related to future delivery of an identity solutions system and services.

We will review each new contract for the related performance obligations and related revenue and expense recognition implications. We expect that the revenues derived from the new product offerings could include multiple performance obligations. A performance obligation under the new revenue standard is defined as a promise to provide a “distinct” good or service to a customer. The Company has determined that one possible treatment under the new standard is that these services will represent a stand-ready series of distinct daily services that are substantially the same, with the same pattern of transfer to the customer. Further, the Company has determined that the performance obligation to provide account access and facilitate transactions may meet the criteria for the “as invoiced” practical expedient, in that the Company has a right to consideration from a customer in an amount that corresponds directly with the value to the customer of the Company’s performance completed to date. As a result, the Company anticipates it may recognize revenue in the amount to which the Company has a right to invoice, based on completed performance at the relevant date. Additionally, the contracts could include implementation services, or support on an “as needed” basis and we will review each contract and determine whether such performance obligations are separate and distinct and apply the new standard accordingly to the revenue and expense derived from or related to each such service.

Additionally, the Company will capitalize the incremental costs of acquiring and fulfilling a contract with a customer if the Company expects to recover those costs. The incremental costs of acquiring and fulfilling a contract are those that the Company incurs to acquire and fulfill a contract with a customer that it would not have incurred if the contract had not been acquired (for example, a sales commission or specific incremental costs associated with the contract).

The Company capitalizes the costs incurred to acquire and fulfill a contract only if those costs meet all the following criteria:

a.	The costs relate directly to a contract or to an anticipated contract that the Company can specifically identify.

b.	The costs generate or enhance resources of the Company that will be used in satisfying (or in continuing to satisfy) performance obligations in the future.

c.	The costs are expected to be recovered.

The Company will capitalize contract acquisition and fulfillment costs related to signing or renewing contracts that meet the above criteria, which will be classified as contract cost assets in the Company’s Consolidated Balance Sheets.

Contract cost assets will be amortized using the straight-line method over the expected period of benefit beginning at the time revenue begins to be realized. The amortization of contract fulfillment cost assets associated with facilitating transactions will be recorded as cost of services in the Company’s Consolidated Statements of Operations. The amortization of contract acquisition cost assets associated with sales commissions that qualify for capitalization will be recorded as selling, general and administrative expense in the Company’s Consolidated Statements of Operations.

As of June 30, 2018, the Company had deferred contract costs, represented by contract cost assets of approximately $22,000 which are included in other currents assets for certain costs incurred for the future delivery of a biometric identity system and services. The performance obligation was principally met in the second quarter of 2018. Accordingly, the direct costs and the associated revenue were recognized in the second quarter of 2018.

Revenue related to direct financing leases is outside the scope of Topic 606 and is recognized over the term of the lease using the effective interest method.

PROPERTY AND EQUIPMENT, NET

6 Months Ended

Jun. 30, 2018

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

NOTE 2 – PROPERTY AND EQUIPMENT, NET

Property and equipment consisted of the following as of June 30, 2018 and December 31, 2017:

	2018		2017
Computers and equipment	$	195,041	$	179,351
Furniture and fixtures		156,867		156,867
		351,908	$	336,218
Less Accumulated depreciation		161,690		126,499
Property and equipment, net	$	190,218	$	209,719

Depreciation expense totaled $35,191 and $35,920 for the six months ended June 30, 2018 and 2017, respectively.

OTHER ASSETS

6 Months Ended

Jun. 30, 2018

Other Assets [Abstract]

OTHER ASSETS

NOTE 3 – OTHER ASSETS

The Company’s other assets consist of software being developed for new product offerings that have not been placed into service. Other assets consisted of the following at June 30, 2018 and December 31, 2017:

	June 30, 2018		December 31, 2017
Software and development	$	1,588,868	$	1,139,409
Other		22,128		104,122
	$	1,610,996	$	1,243,531

INTANGIBLE ASSETS, NET (OTHER THAN GOODWILL)

6 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS, NET (OTHER THAN GOODWILL)

NOTE 4 – INTANGIBLE ASSETS, NET (OTHER THAN GOODWILL)

The Company’s intangible assets consist of intellectual property acquired from MultiPay and FIN and are amortized over their estimated useful lives as indicated below. The following is a summary of activity related to intangible assets for the six months ended June 30, 2018:

	Customer Relationships			Intellectual Property			Non-Compete			Patents Pending
Useful Lives	10 Years			10 Years			10 Years			n/a		Total
Carrying Value at December 31, 2017	$	1,287,450		$	1,556,934		$	5,250		$	28,446	$	2,878,080
Additions		—			—			—			22,302		22,302
Amortization		(79,358	)		(108,182	)		(1,409	)		—		(188,949	)
Carrying Value at June 30, 2018	$	1,208,092		$	1,448,752		$	3,841		$	50,748	$	2,711,129

The following is a summary of intangible assets as of June 30, 2018:

	Customer Relationships			Intellectual Property			Non-Compete			Patent Pending		Total
Cost	$	1,587,159		$	2,146,561		$	14,087		$	50,444	$	3,798,251
Accumulated amortization		(379,067	)		(697,809	)		(10,246	)		—		(1,087,122	)
Carrying Value at June 30, 2018	$	1,208,092		$	1,448,752		$	3,841		$	50,444	$	2,711,129

Future expected amortization of intangible assets is as follows:

Fiscal Year Ending December 31,
Remainder of 2018	$	188,949
2019		377,512
2020		370,573
2021		368,758
2022		359,268
Thereafter		1,046,069
	$	2,711,129

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

6 Months Ended

Jun. 30, 2018

Payables and Accruals [Abstract]

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

NOTE 5 – ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following as of June 30, 2018 and December 31, 2017:

	2018		2017
Trade payables	$	299,524	$	232,842
Accrued interest		425,000		275,000
Accrued payroll and related obligations		809,613		468,012
Other accrued expenses		410,219		471,331
Total	$	1,944,356	$	1,447,185

NOTES PAYABLE, NET

6 Months Ended

Jun. 30, 2018

Debt Disclosure [Abstract]

NOTES PAYABLE, NET

NOTE 6 - NOTES PAYABLE, NET

The following is a summary of notes payable as of June 30, 2018 and December 31, 2017:	June 30, 2018			December 31, 2017
In January 2017, the Company issued a Senior Unsecured Note (“Note”) a face value of $3,000,000, payable two years from issuance, along with an aggregate of 4,500,000 shares of Common Stock, with a fair value of $1,147,500. The Company allocated the proceeds to the common stock based on their relative fair value and recorded a discount of $830,018 to be amortized into interest expense over the two-year term of the note. The Company also paid debt issuance costs consisting of a cash fee of $120,000 and 1,020,000 shares of common stock of the Company with a fair value of $306,000. On April 30, 2018, the Company and the Noteholder agreed to extend the due date of the note until April 30, 2020 for 1,500,000 shares of the Common Stock issued to the Noteholder. The April 2018 change in the terms of this note payable has been determined to be a debt extinguishment in accordance with ASC 470. The reported amounts under the debt extinguishment are not significantly different than that of the Company's reported amounts.		3,000,000			3,000,000

Total Principal Outstanding	$	3,000,000		$	3,000,000
Unamortized Deferred Debt Discount		(245,519	)		(168,345	)
Unamortized Deferred Debt Issuance Costs		(55,647	)		(455,935	)
Notes Payable, Net	$	2,698,834		$	2,375,720

The following is a roll-forward of the Company’s notes payable and related discounts for the six months ended June 30, 2018:

	Principal Balance		Debt Issuance Costs			Debt Discounts			Total
Balance at December 31, 2017	$	3,000,000	$	(168,345	)	$	(455,935	)	$	2,375,720
Amortization		—		112,698			210,416			323,114
Balance at June 30, 2018	$	3,000,000	$	(55,647	)	$	(245,519	)	$	2,698,834

RELATED PARTY TRANSACTIONS

6 Months Ended

Jun. 30, 2018

RELATED PARTY TRANSACTIONS

NOTE 7 – RELATED PARTY TRANSACTIONS

Amount Due Officer and Director

In November 2016, the Company issued a note payable for $13,609 to one if its Board of Directors and was outstanding at March 31, 2017. The note was repaid in April 2017.

Notes Payable

In January 2017, the Company issued to the Theodore Stern Revocable Trust (the “Stern Trust”) a Senior Unsecured Note with a face value of $3,000,000, payable over two years from issuance along with an aggregate of 4,500,000 shares of Common Stock with a fair value of $1,147,500 (Note 6). Theodore Stern, a director of the Company, is the trustee of the Stern Trust. During the three and six months ended June 30, 2018, the Company recorded $75,000 and $150,000 of interest expense under the terms and conditions of the Note. Additionally, the Company and the Stern Trust agreed to extend the due date of the note until April 30, 2020 for an extension fee of 1,500,000 shares of Common Stock at a fair market value of $420,000. See Note 12 - Subsequent Events regarding the partial pre-payment of the Senior Unsecured Note in August 2018.

STOCKHOLDER'S EQUITY

6 Months Ended

Jun. 30, 2018

Equity [Abstract]

STOCKHOLDER'S EQUITY

NOTE 8 – STOCKHOLDER’S EQUITY

Common Stock

During the six months ended June 30, 2018, the Company granted 720,000 shares of restricted stock to the non-employee Directors in connection with their compensation to serve as Board Members. The shares were valued at the fair value at the date of grant and vest quarterly. Additionally, during the six months ended June 30, 2018, the Company granted 2,750,000 shares of restricted stock to employees of which 2,000,000 will be vested upon achieving certain performance criteria and 750,000 will vest over a three-year period. The Company also issued 170,240 shares of common stock to a service provider in satisfaction of $32,213 due for services.

During the six months ended June 30, 2018, investors exercised 4,433,333 warrants at an average price of $0.05 cents per share on a cashless exercise basis in exchange for shares of common stock of the Company.

During the six months ended June 30, 2018, the Company cancelled 728,448 shares of common stock in settlement of amounts due from the Multipay acquisition.

Warrants

The following is a summary of the Company’s warrant activity for the six months ended June 30, 2018:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Life
Outstanding at December 31,2017		48,164,543		$	0.08		2.9 Years
Exercised		(4,433,333	)	$	0.05		—
Outstanding at June 30, 2018		43,731,210		$	0.08		2.4 Years

Stock Options

During the six months ended June 30, 2018, the Company granted options to acquire 5,250,000 shares of common stock to five employees and one non-employee of which 3,250,000 options are exercisable at an average price of $0.22 per share and 2,000,000 are exercisable at $0.25 per share. The options have a term of ten years, were granted at fair market value at the date of grant .and vest over three years. The grant date fair value of the options totaled approximately $792,000, which will be charged to expense over the three-year vesting term of which approximately $231,000 was related to non-employees.

The Company determined the grant date fair value of the options granted during the three months ended June 30, 2018 using the Black Scholes Method and the following assumptions:

Expected Volatility – 77-78%

Expected Term – 6.5 Years

Risk Free Rate – 2.4-2.7%

Dividend Rate – 0.00%

Activity related to stock options for the three months ended June 30, 2018 is summarized as follows:

			Weighted		Weighted
			Average		Average		Aggregate
	Number of Shares		Exercise Price		Contractual Term (Yrs.)		Intrinsic Value
Outstanding as of December 31, 2017		103,208,331	$	0.19		8.3	$	11,457,291
Granted		5,250,000	$	0.24		10.0	$	—
Forfeitures		—		—		—		—
Exercised		(2,508.331)		0.15		—		296,176
Outstanding as of June 30, 2018		105,950,000		0.20		7.96	$	10,638,500
Exercisable as of June 30, 2018		85,652,778	$	0.21		7.86	$	9,432,500

The following table summarizes stock option information as of June 30, 2018:

			Weighted Average
			Contractual
Exercise Prices	Outstanding		Life (Yrs.)		Exercisable
$0.00		3,500,000		7.25		3,500,000
$0.05		33,450,000		8.11		26,125,000
$0.10		27,200,000		8.55		21,694,444
$0.13		250,000		9.50		—
$0.15		2,800,000		7.35		250,000
$0.22		2,750,000		9.55		—
$0.25		2,500,000		9.25		2,083,334
$0.26		500,000		9.80		—
$0.29		1,000,000		9.00		—
$0.40		l,000,000		7.67		l,000,000
$0.45		31,000,000		7.30		31,000,000
Total		105,950,000		7.96		85,652,778

During the six months ended June 30, 2018, the Company recognized approximately $1,293,000 of stock-based compensation expense related to options of which non-employees expense was approximately $279,000. As of June 30, 2018, there was approximately $2,460,000 of unrecognized compensation costs related to stock options outstanding of which approximately $569,000 was related to non-employees and will be expensed through 2021.

Restricted Stock

During the six months ended June 30, 2018, the Company granted 2,750,000 shares of restricted stock to employees of which 2,000,000 shares will be vested by upon achieving certain performance criteria and 750,000 common shares will vest over a three-year period. The restricted stock that is not subject to performance criteria will be expensed over the three-year vesting period was valued at the fair market value at the date of grant. Additionally, in the six months ended June 30, 2018, the Company granted 720,000 shares of restricted stock to non-employee Directors in connection with their compensation to serve as Board Members. The shares were valued at the fair market value at the date of grant and vest quarterly.

DIRECT FINANCING LEASE

6 Months Ended

Jun. 30, 2018

Direct Financing Lease

DIRECT FINANCING LEASE

NOTE 9 – DIRECT FINANCING LEASE

In September 2015, the Company and an entity in Colombia entered into a rental contract for the rental of 78 kiosks to provide cash collection and fare services at transportation stations. The lease term began in May 2016 when the kiosk was installed and operational and when the lease commenced. The term of the rental contract is ten years at an approximate monthly rental of $11,900. The lease has the option at the end of the lease term to purchase each unit for approximately $40. The term of the lease approximates the expected economic life of the kiosks. The lease was accounted for as a direct financing lease.

The Company has recorded the transaction as it net investment in the lease and will receive monthly payments of $11,856 before estimated executory costs, or $142,272, annually, to reduce investment in the lease and record income associated with the related amount due. Executory costs are estimated to be $1,677 month and initial direct costs are not considered significant. The transaction resulted in revenue in the quarter and six months ended June 30, 2018 of approximately $19,000 and $38,000.

The equipment is subject to direct lease valued at approximately $748,000. At the inception of the lease term, the aggregate minimum future lease payments to be received is approximately $1,422,000 before executory cost. Unearned income is recorded at the inception of this lease was approximately $474,000 and will be recorded over the term of the lease using the effective income rate method. Future minimum lease payments to be received under the lease for the next five years and thereafter are as follows:

Remainder of 2018	$	61,074
2019		122,148
2020		122,148
2021		122,148
2022		122,148
Thereafter		407,160
Sub-total		956,826
Less deferred revenue		(310,965	)
Net investment in lease	$	645,861

LEASE OBLIGATION PAYABLE

6 Months Ended

Jun. 30, 2018

Lease Obligation Payable

LEASE OBLIGATION PAYABLE

NOTE 10 – LEASE OBLIGATION PAYABLE

The Company entered into a lease in March 2017 for the rental of its printer for its secured plastic and credential card products business under an arrangement that is classified as a capital lease. The leased equipment is amortized on a straight-line basis over its lease term including the last payment (61 payments) which would transfer ownership to the Company. Total amortization related to the lease equipment as of June 30, 2018 is $42,861. The following is a schedule showing the future minimum lease payments under capital lease by year and the present value of the minimum lease payments as of June 30, 2018. The interest rate related to the lease obligation is 12% and the maturity date is March 31, 2022.

Year Ending

Remainder of 2018	$	21,548
2019		43,096
2020		43,096
2021		43,096
Thereafter		10,775
Total minimum lease payments		161,611
Less: Amount representing interest		(31,983	)
Present value of minimum lease payments	$	129,628

COMMITMENTS AND CONTINGENCIES

6 Months Ended

Jun. 30, 2018

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

NOTE 11 – COMMITMENTS AND CONTINGENCIES

Legal Matters

From time to time, the Company is a party to various legal or administrative proceedings arising in the ordinary course of our business. While any litigation contains an element of uncertainty, we have no reason to believe the outcome of such proceedings will have a material adverse effect on the financial condition or results of operations of the Company.

SUBSEQUENT EVENT

6 Months Ended

Jun. 30, 2018

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 12 – SUBSEQUENT EVENTS

On August 6, 2018, the Company has received subscription agreements for approximately $9.6 million, by the issuance of approximately 63.9 million shares of Common Stock at $0.15 per share. The Theodore Stern Revocable Trust (the “Stern Trust”) has agreed to invest $1 million in this round. Mr. Theodore Stern, one of the directors of our Company is the trustee of the Stern Trust.

On August 6, 2018, the Company provided the Stern Trust Notice that it will partially prepay principal of $1,000,000, plus accrued interest of approximately $158,000 (accrued interest through August 9, 2018), out of the $3,000,000 Senior Unsecured Note dated February 1, 2017 held by the Stern Trust.

BASIS OF PRESENTATION (Policies)

6 Months Ended

Jun. 30, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Going concern

Going concern

See Note 12 - Subsequent Events regarding the Company’s equity funding round in August 2018 with subscription agreements received for approximately $9.1 million.

Net Loss per Common Share

Net Loss per Common Share

Security	2018		2017
Stock Options		105,950,000		106,050,000
Warrants		43,731,210		47,538,697
Total		149,681,210		153,588,669

Inventories

Inventories

Leases

Leases

All leases are classified at the inception as direct finance leases or operating leases based on whether the lease transfers substantially all the risks and rewards of ownership.

Leases that transfer to the lessee substantially all the risks and rewards incidental to ownership of the asset are classified as direct finance leases.

Revenue Recognition

Revenue Recognition

Cards Plus - The Company recognizes revenue for the design and production of cards when products are shipped or services have been performed due to the short term nature of the contracts.

During the six months ended June 30, 2018, the Company had revenue’s from operations in North American, South America and Africa was $1.5 million, $0.2 million and $0.7 million respectively compared to $0.3 million, $0.2 million, $0.6 million in the six months ended June 30, 2017 respectively.

The Company capitalizes the costs incurred to acquire and fulfill a contract only if those costs meet all the following criteria:

a.	The costs relate directly to a contract or to an anticipated contract that the Company can specifically identify.

b.	The costs generate or enhance resources of the Company that will be used in satisfying (or in continuing to satisfy) performance obligations in the future.

c.	The costs are expected to be recovered.

Revenue related to direct financing leases is outside the scope of Topic 606 and is recognized over the term of the lease using the effective interest method.

BASIS OF PRESENTATION (Tables)

6 Months Ended

Jun. 30, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of potentially dilutive securities

The following potentially dilutive securities were excluded from the calculation of diluted loss per share for the three months ended June 30, 2018 and 2017 because their effect was antidilutive:

Security	2018		2017
Stock Options		105,950,000		106,050,000
Warrants		43,731,210		47,538,697
Total		149,681,210		153,588,669

PROPERTY AND EQUIPMENT, NET (Tables)

6 Months Ended

Jun. 30, 2018

Property, Plant and Equipment [Abstract]

Schedule of property and equipment

Property and equipment consisted of the following as of June 30, 2018 and December 31, 2017:

	2018		2017
Computers and equipment	$	195,041	$	179,351
Furniture and fixtures		156,867		156,867
		351,908	$	336,218
Less Accumulated depreciation		161,690		126,499
Property and equipment, net	$	190,218	$	209,719

OTHER ASSETS (Tables)

6 Months Ended

Jun. 30, 2018

Other Assets [Abstract]

Schedule of other assets

Other assets consisted of the following at June 30, 2018 and December 31, 2017:

	June 30, 2018		December 31, 2017
Software and development	$	1,588,868	$	1,139,409
Other		22,128		104,122
	$	1,610,996	$	1,243,531

INTANGIBLE ASSETS, NET (OTHER THAN GOODWILL) (Tables)

6 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of intangible assets

The following is a summary of activity related to intangible assets for the six months ended June 30, 2018:

	Customer Relationships			Intellectual Property			Non-Compete			Patents Pending
Useful Lives	10 Years			10 Years			10 Years			n/a		Total
Carrying Value at December 31, 2017	$	1,287,450		$	1,556,934		$	5,250		$	28,446	$	2,878,080
Additions		—			—			—			22,302		22,302
Amortization		(79,358	)		(108,182	)		(1,409	)		—		(188,949	)
Carrying Value at June 30, 2018	$	1,208,092		$	1,448,752		$	3,841		$	50,748	$	2,711,129

The following is a summary of intangible assets as of June 30, 2018:

	Customer Relationships			Intellectual Property			Non-Compete			Patent Pending		Total
Cost	$	1,587,159		$	2,146,561		$	14,087		$	50,444	$	3,798,251
Accumulated amortization		(379,067	)		(697,809	)		(10,246	)		—		(1,087,122	)
Carrying Value at June 30, 2018	$	1,208,092		$	1,448,752		$	3,841		$	50,444	$	2,711,129

Schedule of future amortization expense of intangible assets

Future expected amortization of intangible assets is as follows:

Fiscal Year Ending December 31,
Remainder of 2018	$	188,949
2019		377,512
2020		370,573
2021		368,758
2022		359,268
Thereafter		1,046,069
	$	2,711,129

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)

6 Months Ended

Jun. 30, 2018

Payables and Accruals [Abstract]

Schedule of accounts payable and accrued expenses

Accounts payable and accrued expenses consisted of the following as of June 30, 2018 and December 31, 2017:

	2018		2017
Trade payables	$	299,524	$	232,842
Accrued interest		425,000		275,000
Accrued payroll and related obligations		809,613		468,012
Other accrued expenses		410,219		471,331
Total	$	1,944,356	$	1,447,185

NOTES PAYABLE, NET (Tables)

6 Months Ended

Jun. 30, 2018

Debt Disclosure [Abstract]

Schedule of notes payable

The following is a summary of notes payable as of June 30, 2018 and December 31, 2017:	June 30, 2018			December 31, 2017
In January 2017, the Company issued a Senior Unsecured Note (“Note”) a face value of $3,000,000, payable two years from issuance, along with an aggregate of 4,500,000 shares of Common Stock, with a fair value of $1,147,500. The Company allocated the proceeds to the common stock based on their relative fair value and recorded a discount of $830,018 to be amortized into interest expense over the two-year term of the note. The Company also paid debt issuance costs consisting of a cash fee of $120,000 and 1,020,000 shares of common stock of the Company with a fair value of $306,000. On April 30, 2018, the Company and the Noteholder agreed to extend the due date of the note until April 30, 2020 for 1,500,000 shares of the Common Stock issued to the Noteholder. The April 2018 change in the terms of this note payable has been determined to be a debt extinguishment in accordance with ASC 470. The reported amounts under the debt extinguishment are not significantly different than that of the Company's reported amounts.		3,000,000			3,000,000

Total Principal Outstanding	$	3,000,000		$	3,000,000
Unamortized Deferred Debt Discount		(245,519	)		(168,345	)
Unamortized Deferred Debt Issuance Costs		(55,647	)		(455,935	)
Notes Payable, Net	$	2,698,834		$	2,375,720

Schedule of notes payable and related discounts

The following is a roll-forward of the Company’s notes payable and related discounts for the six months ended June 30, 2018:

	Principal Balance		Debt Issuance Costs			Debt Discounts			Total
Balance at December 31, 2017	$	3,000,000	$	(168,345	)	$	(455,935	)	$	2,375,720
Amortization		—		112,698			210,416			323,114
Balance at June 30, 2018	$	3,000,000	$	(55,647	)	$	(245,519	)	$	2,698,834

STOCKHOLDER'S EQUITY (Tables)

6 Months Ended

Jun. 30, 2018

Equity [Abstract]

Schedule of warrant activity

The following is a summary of the Company’s warrant activity for the six months ended June 30, 2018:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Life
Outstanding at December 31,2017		48,164,543		$	0.08		2.9 Years
Exercised		(4,433,333	)	$	0.05		—
Outstanding at June 30, 2018		43,731,210		$	0.08		2.4 Years

Schedule of black - scholes option-pricing model valuation assumption

The Company determined the grant date fair value of the options granted during the three months ended June 30, 2018 using the Black Scholes Method and the following assumptions:

Expected Volatility – 77-78%

Expected Term – 6.5 Years

Risk Free Rate – 2.4-2.7%

Dividend Rate – 0.00%

Schedule of outstanding stock options

Activity related to stock options for the three months ended June 30, 2018 is summarized as follows:

			Weighted		Weighted
			Average		Average		Aggregate
	Number of Shares		Exercise Price		Contractual Term (Yrs.)		Intrinsic Value
Outstanding as of December 31, 2017		103,208,331	$	0.19		8.3	$	11,457,291
Granted		5,250,000	$	0.24		10.0	$	—
Forfeitures		—		—		—		—
Exercised		(2,508.331)		0.15		—		296,176
Outstanding as of June 30, 2018		105,950,000		0.20		7.96	$	10,638,500
Exercisable as of June 30, 2018		85,652,778	$	0.21		7.86	$	9,432,500

Schedule of stock option

The following table summarizes stock option information as of June 30, 2018:

			Weighted Average
			Contractual
Exercise Prices	Outstanding		Life (Yrs.)		Exercisable
$0.00		3,500,000		7.25		3,500,000
$0.05		33,450,000		8.11		26,125,000
$0.10		27,200,000		8.55		21,694,444
$0.13		250,000		9.50		—
$0.15		2,800,000		7.35		250,000
$0.22		2,750,000		9.55		—
$0.25		2,500,000		9.25		2,083,334
$0.26		500,000		9.80		—
$0.29		1,000,000		9.00		—
$0.40		l,000,000		7.67		l,000,000
$0.45		31,000,000		7.30		31,000,000
Total		105,950,000		7.96		85,652,778

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details

DIRECT FINANCING LEASE (Tables)

6 Months Ended

Jun. 30, 2018

Direct Financing Lease

Schedule of future minimum lease payments to be received

Future minimum lease payments to be received under the lease for the next five years and thereafter are as follows:

Remainder of 2018	$	61,074
2019		122,148
2020		122,148
2021		122,148
2022		122,148
Thereafter		407,160
Sub-total		956,826
Less deferred revenue		(310,965	)
Net investment in lease	$	645,861

LEASE OBLIGATION PAYABLE (Tables)

6 Months Ended

Jun. 30, 2018

Lease Obligation Payable

Schedule of lease obligation payable

The interest rate related to the lease obligation is 12% and the maturity date is March 31, 2022.

Year Ending

Remainder of 2018	$	21,548
2019		43,096
2020		43,096
2021		43,096
Thereafter		10,775
Total minimum lease payments		161,611
Less: Amount representing interest		(31,983	)
Present value of minimum lease payments	$	129,628

BASIS OF PRESENTATION (Details) - shares	6 Months Ended
BASIS OF PRESENTATION (Details) - shares	Jun. 30, 2018	Jun. 30, 2017
Antidilutive securities, Shares	149,681,210	153,588,669
Employee Stock Option [Member]
Antidilutive securities, Shares	105,950,000	106,050,000
Warrant [Member]
Antidilutive securities, Shares	43,731,210	47,538,697

BASIS OF PRESENTATION (Details Narrative) - USD ($)		3 Months Ended		6 Months Ended
BASIS OF PRESENTATION (Details Narrative) - USD ($)	Aug. 06, 2018	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Accumulated deficit		$ (71,633,597)		$ (71,633,597)		$ (66,407,622)
Revenue		1,839,327	$ 559,452	2,365,116	$ 1,144,141
Loss from operations		(2,294,630)	(2,509,810)	(4,803,825)	(7,464,068)
Deferred contract costs		22,000		22,000
Deferred revenue contract liability		658,000		658,000		$ 123,000
Deferred commission		37,000		37,000
Revenue from operations		$ 1,839,327	$ 559,452	2,365,116	1,144,141
Subsequent Event [Member] \| Mr. Theodore Stern. [Member] \| Theodore Stern Revocable Trust [Member]
Trust funding	$ 91,000,000
North America [Member]
Revenue				1,500,000	300,000
Revenue from operations				1,500,000	300,000
South America [Member]
Revenue				200,000	200,000
Revenue from operations				200,000	200,000
Africa [Member]
Revenue				700,000	600,000
Revenue from operations				$ 700,000	$ 600,000

PROPERTY AND EQUIPMENT, NET (Details) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 351,908	$ 336,218
Less Accumulated depreciation	(161,690)	(126,499)
Property and equipment, net	190,218	209,719
Computer and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	195,041	179,351
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 156,867	$ 156,867

PROPERTY AND EQUIPMENT, NET (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 35,191	$ 35,920

OTHER ASSETS (Details) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Other Assets [Abstract]
Software and development	$ 1,588,868	$ 1,139,409
Other	22,128	104,122
Other assets	$ 1,610,996	$ 1,243,531

INTANGIBLE ASSETS, NET (OTHER THAN GOODWILL) (Details)	6 Months Ended
INTANGIBLE ASSETS, NET (OTHER THAN GOODWILL) (Details)	Jun. 30, 2018 USD ($)
Finite-Lived Intangible Assets [Line Items]
Carrying Value	$ 2,878,080
Additions	22,302
Amortization	(188,949)
Carrying Value	$ 2,711,129
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Useful Lives	10 years
Carrying Value	$ 1,287,450
Additions
Amortization	(79,358)
Carrying Value	$ 1,208,092
Intellectual Property [Member]
Finite-Lived Intangible Assets [Line Items]
Useful Lives	10 years
Carrying Value	$ 1,556,934
Additions
Amortization	(108,182)
Carrying Value	$ 1,448,752
Non-Compete [Member]
Finite-Lived Intangible Assets [Line Items]
Useful Lives	10 years
Carrying Value	$ 5,250
Additions
Amortization	(1,409)
Carrying Value	3,841
Patents Pending [Member]
Finite-Lived Intangible Assets [Line Items]
Carrying Value	28,446
Additions	22,302
Amortization
Carrying Value	$ 50,444

INTANGIBLE ASSETS, NET (OTHER THAN GOODWILL) (Details 1) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Cost	$ 3,798,251
Accumulated amortization	(1,087,122)
Carrying Value	2,711,129	$ 2,878,080
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	1,587,159
Accumulated amortization	(379,067)
Carrying Value	1,208,092	1,287,450
Intellectual Property [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	2,146,561
Accumulated amortization	(697,809)
Carrying Value	1,448,752	1,556,934
Non-Compete [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	14,087
Accumulated amortization	(10,246)
Carrying Value	3,841	5,250
Patents Pending [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	50,444
Accumulated amortization
Carrying Value	$ 50,444	$ 28,446

INTANGIBLE ASSETS, NET (OTHER THAN GOODWILL) (Details 2) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2018	$ 188,949
2019	377,512
2020	370,573
2021	368,758
2022	359,268
Thereafter	1,046,069
Total	$ 2,711,129	$ 2,878,080

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Payables and Accruals [Abstract]
Trade payables	$ 299,524	$ 232,842
Accrued interest	425,000	275,000
Accrued payroll and related obligations	809,613	468,012
Other accrued expenses	410,219	471,331
Total	$ 1,944,356	$ 1,447,185

NOTES PAYABLE, NET (Details) - USD ($)	Jun. 30, 2018	Dec. 31, 2017	Jan. 31, 2017
Short-term Debt [Line Items]
Total Principal Outstanding	$ 3,000,000	$ 3,000,000
Unamortized Deferred Debt Discount	(55,647)	(168,345)
Unamortized Deferred Debt Issuance Costs	(245,519)	(455,935)
Notes Payable, net of current maturities	2,698,834	2,375,720
Senior Unsecured Note [Member]
Short-term Debt [Line Items]
Total Principal Outstanding	$ 3,000,000	$ 3,000,000
Unamortized Deferred Debt Issuance Costs			$ (830,018)

NOTES PAYABLE, NET (Details 1)	6 Months Ended
NOTES PAYABLE, NET (Details 1)	Jun. 30, 2018 USD ($)
Principal Balance
Begining Balance	$ 3,000,000
Amortization
Ending Balance	3,000,000
Debt Issuance Costs
Begining Balance	(168,345)
Amortization	112,698
Ending Balance	(55,647)
Debt Discounts
Begining Balance	(455,935)
Amortization	210,416
Ending Balance	(245,519)
Total
Begining Balance	2,375,720
Amortization	323,114
Ending Balance	$ 2,698,834

NOTES PAYABLE, NET (Details Narrative) - USD ($)		1 Months Ended	6 Months Ended
NOTES PAYABLE, NET (Details Narrative) - USD ($)	Apr. 30, 2018	Jan. 31, 2017	Jun. 30, 2017	Jun. 30, 2018	Dec. 31, 2017
Short-term Debt [Line Items]
Debt discount				$ 245,519	$ 455,935
Senior Unsecured Note [Member]
Short-term Debt [Line Items]
Face amount		$ 3,000,000
Debt discount		830,018
Debt issuance costs		306,000
Debt issuance costs consisting shares value		$ 120,000
Debt issuance costs consisting shares		1,020,000
Warrant term		2 years
Common stock issues value		$ 1,147,500	$ 420,000
Common stock issues shares		4,500,000	1,500,000
Common stock issued to the noteholder	$ 1,500,000

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	1 Months Ended	6 Months Ended
	Jan. 31, 2017	Jun. 30, 2017	Nov. 30, 2016
12% Promissory Notes Due in January 2017 [Member]
Face amount			$ 13,609
Senior Unsecured Note [Member]
Face amount	$ 3,000,000
Warrant term	2 years
Common stock issues value	$ 1,147,500	$ 420,000
Common stock issues shares	4,500,000	1,500,000

STOCKHOLDER'S EQUITY (DEFICIT) (Details)	6 Months Ended
STOCKHOLDER'S EQUITY (DEFICIT) (Details)	Jun. 30, 2018 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Beginning Balance Outstanding \| shares	48,164,543
Exercised \| shares	(4,433,333)
Ending Balance Outstanding \| shares	43,731,210
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Weighted Average Exercise Price [Roll Forward]
Beginning Balance Outstanding \| $ / shares	$ 0.08
Exercised \| $ / shares	0.05
Ending Balance Outstanding \| $ / shares	$ 0.08
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Weighted Average Remaining Life [Roll Forward]
Beginning Balance Outstanding	2 years 10 months 24 days
Ending Balance Outstanding	2 years 4 months 24 days

STOCKHOLDER'S EQUITY (DEFICIT) (Details 1)	6 Months Ended
STOCKHOLDER'S EQUITY (DEFICIT) (Details 1)	Jun. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected Term	6 years 6 months
Dividend Rate	0.00%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected Volatility	77.00%
Risk Free Rate	2.40%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected Volatility	78.00%
Risk Free Rate	2.70%

STOCKHOLDER'S EQUITY (DEFICIT) (Details 2)	6 Months Ended
STOCKHOLDER'S EQUITY (DEFICIT) (Details 2)	Jun. 30, 2018 USD ($) $ / shares shares
Number of Shares [Roll Forward]
Outstanding at beginning \| shares	103,208,331
Granted \| shares	5,250,000
Forfeitures \| shares
Exercised \| shares	(2,508.331)
Outstanding at end \| shares	105,950,000
Exercisable at end \| shares	85,652,778
Weighted Average Exercise Price [Roll Forward]
Outstanding at beginning \| $ / shares	$ 0.19
Granted \| $ / shares	0.24
Forfeitures \| $ / shares
Exercised \| $ / shares	0.15
Outstanding at end \| $ / shares	0.20
Exercisable at end \| $ / shares	$ 0.21
Weighted Average Contractual Term [Roll Forward]
Outstanding at beginning	8 years 3 months 18 days
Granted	10 years
Outstanding at end	7 years 11 months 15 days
Exercisable at end	7 years 10 months 9 days
Aggregate Intrinsic Value [Roll Forward]
Outstanding at beginning \| $	$ 11,457,291
Granted \| $
Forfeitures \| $
Exercised \| $	296,176
Outstanding at end \| $	10,638,500
Exercisable at end \| $	$ 9,432,500

STOCKHOLDER'S EQUITY (DEFICIT) (Details 3) - shares	3 Months Ended
STOCKHOLDER'S EQUITY (DEFICIT) (Details 3) - shares	Jun. 30, 2018	Jun. 30, 2018
Exercise Price $0.00 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Outstanding	3,500,000	3,500,000
Weighted Average Contractual Life		7 years 3 months
Exercisable	3,500,000	3,500,000
Exercise Price $0.05 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Outstanding	33,450,000	33,450,000
Weighted Average Contractual Life	8 years 1 month 9 days
Exercisable	26,125,000	26,125,000
Exercise Price $0.10 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Outstanding	27,200,000	27,200,000
Weighted Average Contractual Life	8 years 6 months 18 days
Exercisable	21,694,444	21,694,444
Exercise Price $0.13 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Outstanding	250,000	250,000
Weighted Average Contractual Life	9 years 6 months
Exercisable
Exercise Price $0.15 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Outstanding	2,800,000	2,800,000
Weighted Average Contractual Life	7 years 4 months 6 days
Exercisable	250,000	250,000
Exercise Price $0.22 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Outstanding	2,750,000	2,750,000
Weighted Average Contractual Life	9 years 6 months 18 days
Exercisable
Exercise Price $0.25 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Outstanding	2,500,000	2,500,000
Weighted Average Contractual Life	9 years 3 months
Exercisable	2,083,334	2,083,334
Exercise Price $0.26 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Outstanding	500,000	500,000
Weighted Average Contractual Life	9 years 9 months 18 days
Exercisable
Exercise Price $0.29 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Outstanding	1,000,000	1,000,000
Weighted Average Contractual Life	9 years
Exercisable
Exercise Price $0.40 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Outstanding	1,000,000	1,000,000
Weighted Average Contractual Life	7 years 8 months 1 day
Exercisable	1,000,000	1,000,000
Exercise Price $0.45 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Outstanding	31,000,000	31,000,000
Weighted Average Contractual Life	7 years 3 months 18 days
Exercisable	31,000,000	31,000,000

STOCKHOLDER'S EQUITY (DEFICIT) (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Number of options granted	5,250,000
Number of options exercisable	85,652,778
Exercise price of option (in dollars per share)	$ 0.21
Expected Term	6 years 6 months
Dividend Rate	0.00%
Stock based compensation	$ 1,292,900	$ 4,266,670
Unrecognized compensation costs	2,460,000
Value of stock issued for services	$ 47,667
Number of shares cancelled due to settlement	728,448
Restricted Stock [Member]
Number of restricted stock issued for services	720,000
Number of stock granted	2,750,000
Expected Term	3 years
Restricted Stock [Member] \| Tranche Two[Member]
Number of stock vested	750,000
Vesting term	3 years
Restricted Stock [Member] \| Tranche One [Member]
Number of stock vested	2,000,000
Service Provider [Member]
Number of stock issued for services	170,240
Value of stock issued for services	$ 32,213
Investor [Member] \| Warrant [Member]
Number of restricted stock issued for services	750,000
Exercise price (in dollars per share)	$ 0.05
Common stock issued upon exercise of warrants (in shares)	4,433,333
Employees and One Non Employee [Member]
Number of restricted stock issued for services	2,000,000
Number of options granted	5,250,000
Vesting term	3 years
Value of options granted	$ 792,000
Employees and One Non Employee Member [Member] \| Tranche One [Member]
Number of options exercisable	3,250,000
Exercise price of option (in dollars per share)	$ 0.22
Employees and Service Provider [Member] \| Tranche Two[Member]
Number of restricted stock issued for services	32,213
Number of options exercisable	2,000,000
Exercise price of option (in dollars per share)	$ 0.25
Employees and Service Provider [Member] \| Tranche One [Member]
Number of restricted stock issued for services	170,240
Vesting term	3 years
Expected Term	10 years
Non - Employees [Member]
Stock based compensation	$ 279,000
Unrecognized compensation costs	$ 569,000

DIRECT FINANCING LEASE (Details)	Jun. 30, 2018 USD ($)
Direct Financing Lease
Remainder of 2018	$ 61,074
2019	122,148
2020	122,148
2021	122,148
2022	122,148
Thereafter	407,160
Sub-total	956,826
Less deferred revenue	(310,965)
Net investment in lease	$ 645,861

DIRECT FINANCING LEASE (Details Narrative)	1 Months Ended	6 Months Ended
DIRECT FINANCING LEASE (Details Narrative)	Sep. 30, 2015 USD ($) Kiosks $ / Units	Jun. 30, 2018 USD ($)
Equipment under capital lease		$ 748,000
Aggregate minimum future lease payments		1,422,000
Unearned income		474,000
Cash Collection Services (the "Contract") [Member] \| Recaudo Bogota S.A.S. [Member]
Number of kiosks \| Kiosks	78
Lease contract term	10 years
Lease monthly rental	$ 11,900
Lease rent expense	142,272
Estimated executory costs	$ 1,677
Purchase price at the end of lease term (in dollars per unit) \| $ / Units	40
Revenues		$ 38,000

LEASE OBLIGATION PAYABLE (Details)	Jun. 30, 2018 USD ($)
Lease Obligation Payable
Remainder of 2018	$ 21,548
2019	43,096
2020	43,096
2021	43,096
Thereafter	10,775
Total minimum lease payments	161,611
Less: Amount representing interest	(31,983)
Present value of minimum lease payments	$ 129,628

LEASE OBLIGATION PAYABLE (Details Narrative)	6 Months Ended
LEASE OBLIGATION PAYABLE (Details Narrative)	Jun. 30, 2018 USD ($)
Lease Obligation Payable
Amortization of lease equipment	$ 42,861
Lease obligation interest rate	12.00%
Lease obligation maturity date	Mar. 31, 2022

SUBSEQUENT EVENT (Details Narrative) - USD ($)		1 Months Ended	6 Months Ended
SUBSEQUENT EVENT (Details Narrative) - USD ($)	Aug. 06, 2018	Jan. 31, 2017	Jun. 30, 2018	Jun. 30, 2017
Subsequent Event [Line Items]
Aggregate gross proceeds				$ 3,570,100
Senior Unsecured Note [Member]
Subsequent Event [Line Items]
Number of shares issued		4,500,000		1,500,000
Face amount		$ 3,000,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Aggregate gross proceeds
Number of shares issued	60,400,000
Share price (in dollars per share)	$ 0.15
Additional commitments
Subsequent Event [Member] \| Senior Unsecured Note [Member]
Subsequent Event [Line Items]
Face amount	3,000,000
Repayment of partially principal amount	1,000,000
Repayment of partially accrued interest	158,000
Subsequent Event [Member] \| Mr. Theodore Stern. [Member] \| Theodore Stern Revocable Trust [Member]
Subsequent Event [Line Items]
Trust funding	$ 91,000,000