overview 3pea international , inc. is a vertically integrated provider of innovative prepaid card programs and processing services for corporate , consumer and government applications . our payment solutions are utilized by our corporate customers as a means to increase customer loyalty , reduce administration costs and streamline operations . public sector organizations can utilize the solutions to disburse public benefits or for internal payments . we market our prepaid debit card solutions under our paysign brand . as we are a payment processor and debit card program manager , we derive our revenue from all stages of the debit card lifecycle . we provide a card processing platform consisting of proprietary systems and innovative software applications based on the unique needs of our programs . we have extended our processing business capabilities through our proprietary paysign platform . we design and process prepaid programs that run on the platform through which our customers can define the services they wish to offer cardholders . through the paysign platform , we provide a variety of services including transaction processing , cardholder enrollment , value loading , cardholder account management , reporting , and customer service . the paysign platform was built on modern cross-platform architecture and designed to be highly flexible , scalable and customizable . the platform has allowed 3pea to significantly expand its operational capabilities by facilitating our entry into new markets within the payments space through its flexibility and ease of customization . the paysign platform delivers cost benefits and revenue building opportunities to our partners . we have developed prepaid card programs for corporate and incentive rewards including , but not limited to healthcare reimbursement payments , pharmaceutical co-pay assistance , donor payments for source plasma and automobile dealership incentives . we are expanding our product offering to include additional corporate incentive products , payroll cards , general purpose re-loadable cards , travel cards , and expense reimbursement cards . our cards are offered to end users through our relationships with bank issuers . we are a vertically integrated payment processor and debit card program manager offering innovative payment solutions to corporations , government agencies , universities and other organizations . our payment solutions are utilized by our customers as a means to increase customer loyalty , reduce administration costs and streamline operations . we market our prepaid debit card solutions under our paysign brand . as we are a payment processor and debit card program manager , we derive our revenue from all stages of the debit card lifecycle . these revenues can include fees from program set-up ; customization and development ; data processing and report generation ; card production and fulfillment ; transaction fees derived from card usage ; inactivity fees ; card replacement fees and program administration fees . we provide an in-house customer service center which includes live bi-lingual phone operators staffed 24/7 , for incoming calls . we also provide in house interactive voice response and two way sms messaging platforms . 21 the company divides prepaid cards into two general categories : corporate and consumer reloadable , and non-reloadable cards . reloadable cards : these types of cards are generally incentive , payroll or considered general purpose reloadable ( “ gpr ” ) cards . payroll cards are issued to an employee by an employer to receive the direct deposit of their payroll . gpr cards can also be issued to a consumer at a retail location or mailed to a consumer after completing an on-line application . gpr cards can be reloaded multiple times with a consumer 's payroll , government benefit , a federal or state tax refund or through cash reload networks located at retail locations . reloadable cards are generally open loop cards as described below . non-reloadable cards : these are generally one-time use cards that are only active until the funds initially loaded to the card are spent . these types of cards are gift or incentive cards . these cards may be open loop or closed loop . normally these types of cards are used for purchase of goods or services at retail locations and can not be used to receive cash . these prepaid cards may be open loop , closed loop or semi-closed loop . open loop cards can be used to receive cash at atm locations or purchase goods or services by pin or signature at retail locations . these cards can be used virtually anywhere that the network brand ( visa , mastercard , discover , etc . ) is accepted . closed loop cards can only be used at a specific merchant . semi-closed loop cards can be used at several merchants such as a shopping mall . the prepaid card market is one of the fastest growing segments of the payments industry in the u.s. this market has experienced significant growth in recent years due to consumers and merchants embracing improved technology , greater convenience , more product choices and greater flexibility . prepaid cards have also proven to be an attractive alternative to traditional bank accounts for certain segments of the population , particularly those without , or who could not qualify for , a checking or savings account . we have developed prepaid card programs for healthcare reimbursement payments , pharmaceutical assistance , plasma donor remuneration , corporate and incentive rewards and expense reimbursement cards . we plan to expand our product offering to include payroll cards , general purpose re-loadable cards and travel cards . our cards are offered to end users through our relationships with bank issuers . our products and services are aimed at capitalizing on the growing demand for stored value and reloadable atm/prepaid card financial products in a variety of market niches . story_separator_special_tag our proprietary platform is scalable and customizable , delivering cost benefits and revenue building opportunities to partners . we manage all aspects of the debit card lifecycle , from managing the card design and approval processes with banking partners and card associations , to production , packaging , distribution , and personalization . we also oversee inventory and security controls , renewals , lost and stolen card management and replacement . currently , we are focusing our marketing efforts on the healthcare reimbursement market , pharmaceutical marketing or drug sampling market , source plasma donation payments and the corporate incentive card market targeting automotive and other market niches . as part of our platform expansion development process , we evaluate current and emerging technologies for applicability to our existing and future software platform . to this end , we engage with various hardware and software vendors in evaluation of various infrastructure components . where appropriate , we use third-party technology components in the development of our software applications and service offerings . third-party software may be used for highly specialized business functions , which we may not be able to develop internally within time and budget constraints . our principal target markets for processing services include prepaid card issuers , retail and private-label issuers , small third-party processors , and small and mid-size financial institutions in the united states and in emerging international markets . the company has begun to devote more extensive resources to sales and marketing activities as we have added essential personnel to our marketing and sales department in late 2013. we sell our products directly to customers in the u.s. but may work with a small number of resellers and third parties in international markets to identify , sell and support targeted opportunities . we have also identified large scale opportunities in the european union and are aggressively pursuing those opportunities . in order to expand into new markets , we will need to invest additional funds in technology improvements , sales and marketing expenses , and regulatory compliance costs . we are considering raising capital to enable us to diversify into new market verticals . if we do not raise new capital , we believe that we will still be able to expand into new markets using internally generated funds , but our expansion will not be as rapid . 22 results of operations in 2015 we increased our focus on sales while continuing to invest in our core infrastructure , platform development and the addition of essential personnel in order to allow us to successfully scale our business . despite a reduction in revenue from our pharmaceutical co-pay assistance programs , we increased our footprint in the plasma donation compensation space from 78 plasma donation centers utilizing the paysign solution on december 31 , 2014 to 91 on december 31 , 2015. fiscal years ended december 31 , 2015 and 2014 revenues for the year ended december 31 , 2015 were $ 8,107,541 , a decrease of $ 2,185,639 compared to the year ended december 31 , 2014 , when revenues were $ 10,293,180. the decrease in revenue was primarily due to a decrease in our healthcare reimbursement payments and pharmaceutical co-pay assistance programs . the company experienced an increase in revenue from its plasma donation compensation programs in 2015 and expects revenue from plasma donation programs to increase in 2016. we believe the company will resume revenue growth in 2016 and beyond as a result of growth in our corporate incentive programs . cost of revenues for the year ended december 31 , 2015 were $ 4,019,514 , a decrease of $ 635,201 compared to the year ended december 31 , 2014 , when cost of revenues were $ 4,654,715. our costs of revenues have decreased substantially as a result of lower revenues in our pharmaceutical programs which was offset by increases in revenues from our plasma donation compensation programs . cost of revenues constituted approximately 50 % and 45 % of total revenues in 2015 and 2014 , respectively . cost of revenues is comprised of transaction processing fees , data connectivity and data center expenses , network fees , bank fees , card production costs , customer service and program management expenses , application integration setup , and sales and commission expense . gross profit for the year ended december 31 , 2015 was $ 4,088,027 , a decrease of $ 1,550,438 compared to the year ended december 31 , 2014 , when gross profit was $ 5,638,465. our overall gross profit percentage approximated 50 % and 55 % during the fiscal years 2015 and 2014 which is consistent with our overall expectations . we believe our profit margins will improve in the future as we continue to pursue new corporate incentive reward programs utilizing our paysign platform and marketing our products and services utilizing our internal sales and marketing team . selling , general and administrative expenses for the year ended december 31 , 2015 were $ 3,734,187 , an increase of $ 1,018,871 compared to the year ended december 31 , 2014 , when selling , general and administrative expenses were $ 2,715,316. the increase in selling , general and administrative expenses was due to increased staffing and technological expenses relating to launch of several new and ongoing programs and our planned expansion into the european union . we continued to ramp up our investment in infrastructure and processes during 2015 to be able to scale our business successfully . in fiscal 2015 , we began to devote more resources to our internal sales and marketing team and expect to continue to do so in 2016. in the fiscal year ended december 31 , 2015 , we recorded operating income ( loss ) of $ ( 8,872 ) , as compared to operating income of $ 2,751,555 in the fiscal year ended december 31 , 2014 , a decline of $ 2,760,427. other income ( expense ) for the

liquidity and capital resources the following table sets forth the major sources and uses of cash for our last two fiscal years ended december 31 , 2015 and 2014 : replace_table_token_2_th 23 comparison of fiscal 2015 and 2014 in fiscal 2015 and 2014 , we financed our operations primarily through internally generated funds . operating activities provided ( used ) $ ( 719,504 ) of cash in 2015 , as compared to $ 3,082,535 of cash in fiscal 2014. major non-cash items that affected our cash flow from operations in 2015 were non-cash stock based expenses of $ 202,550 and depreciation and amortization of $ 362,712. our operating assets and liabilities provided $ 1,276,148 of cash , which resulted primarily from an increase in a legal settlement payable of $ 1,254,658. investing activities used $ ( 926,182 ) of cash in 2015 , as compared to $ ( 527,912 ) of cash in 2014 , all of which related in both years to platform expansion and the purchase of equipment used in our business . financing activities provided ( used in ) $ ( 851,788 ) of cash in 2015 as compared to $ 305,106 of cash in 2014. our cash used in financing activities in 2015 related to repayment of borrowings during 2015. liquidity and sources of financing in both 2015 and 2014 , our operations were focused on developing and launchingour paysign® platform , infrastructure and processes to be able to scale our business successfully which was financed from operations .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources the following table sets forth the major sources and uses of cash for our last two fiscal years ended december 31 , 2015 and 2014 : replace_table_token_2_th 23 comparison of fiscal 2015 and 2014 in fiscal 2015 and 2014 , we financed our operations primarily through internally generated funds . operating activities provided ( used ) $ ( 719,504 ) of cash in 2015 , as compared to $ 3,082,535 of cash in fiscal 2014. major non-cash items that affected our cash flow from operations in 2015 were non-cash stock based expenses of $ 202,550 and depreciation and amortization of $ 362,712. our operating assets and liabilities provided $ 1,276,148 of cash , which resulted primarily from an increase in a legal settlement payable of $ 1,254,658. investing activities used $ ( 926,182 ) of cash in 2015 , as compared to $ ( 527,912 ) of cash in 2014 , all of which related in both years to platform expansion and the purchase of equipment used in our business . financing activities provided ( used in ) $ ( 851,788 ) of cash in 2015 as compared to $ 305,106 of cash in 2014. our cash used in financing activities in 2015 related to repayment of borrowings during 2015. liquidity and sources of financing in both 2015 and 2014 , our operations were focused on developing and launchingour paysign® platform , infrastructure and processes to be able to scale our business successfully which was financed from operations .
```    
 Suspicious Activity Report : overview 3pea international , inc. is a vertically integrated provider of innovative prepaid card programs and processing services for corporate , consumer and government applications . our payment solutions are utilized by our corporate customers as a means to increase customer loyalty , reduce administration costs and streamline operations . public sector organizations can utilize the solutions to disburse public benefits or for internal payments . we market our prepaid debit card solutions under our paysign brand . as we are a payment processor and debit card program manager , we derive our revenue from all stages of the debit card lifecycle . we provide a card processing platform consisting of proprietary systems and innovative software applications based on the unique needs of our programs . we have extended our processing business capabilities through our proprietary paysign platform . we design and process prepaid programs that run on the platform through which our customers can define the services they wish to offer cardholders . through the paysign platform , we provide a variety of services including transaction processing , cardholder enrollment , value loading , cardholder account management , reporting , and customer service . the paysign platform was built on modern cross-platform architecture and designed to be highly flexible , scalable and customizable . the platform has allowed 3pea to significantly expand its operational capabilities by facilitating our entry into new markets within the payments space through its flexibility and ease of customization . the paysign platform delivers cost benefits and revenue building opportunities to our partners . we have developed prepaid card programs for corporate and incentive rewards including , but not limited to healthcare reimbursement payments , pharmaceutical co-pay assistance , donor payments for source plasma and automobile dealership incentives . we are expanding our product offering to include additional corporate incentive products , payroll cards , general purpose re-loadable cards , travel cards , and expense reimbursement cards . our cards are offered to end users through our relationships with bank issuers . we are a vertically integrated payment processor and debit card program manager offering innovative payment solutions to corporations , government agencies , universities and other organizations . our payment solutions are utilized by our customers as a means to increase customer loyalty , reduce administration costs and streamline operations . we market our prepaid debit card solutions under our paysign brand . as we are a payment processor and debit card program manager , we derive our revenue from all stages of the debit card lifecycle . these revenues can include fees from program set-up ; customization and development ; data processing and report generation ; card production and fulfillment ; transaction fees derived from card usage ; inactivity fees ; card replacement fees and program administration fees . we provide an in-house customer service center which includes live bi-lingual phone operators staffed 24/7 , for incoming calls . we also provide in house interactive voice response and two way sms messaging platforms . 21 the company divides prepaid cards into two general categories : corporate and consumer reloadable , and non-reloadable cards . reloadable cards : these types of cards are generally incentive , payroll or considered general purpose reloadable ( “ gpr ” ) cards . payroll cards are issued to an employee by an employer to receive the direct deposit of their payroll . gpr cards can also be issued to a consumer at a retail location or mailed to a consumer after completing an on-line application . gpr cards can be reloaded multiple times with a consumer 's payroll , government benefit , a federal or state tax refund or through cash reload networks located at retail locations . reloadable cards are generally open loop cards as described below . non-reloadable cards : these are generally one-time use cards that are only active until the funds initially loaded to the card are spent . these types of cards are gift or incentive cards . these cards may be open loop or closed loop . normally these types of cards are used for purchase of goods or services at retail locations and can not be used to receive cash . these prepaid cards may be open loop , closed loop or semi-closed loop . open loop cards can be used to receive cash at atm locations or purchase goods or services by pin or signature at retail locations . these cards can be used virtually anywhere that the network brand ( visa , mastercard , discover , etc . ) is accepted . closed loop cards can only be used at a specific merchant . semi-closed loop cards can be used at several merchants such as a shopping mall . the prepaid card market is one of the fastest growing segments of the payments industry in the u.s. this market has experienced significant growth in recent years due to consumers and merchants embracing improved technology , greater convenience , more product choices and greater flexibility . prepaid cards have also proven to be an attractive alternative to traditional bank accounts for certain segments of the population , particularly those without , or who could not qualify for , a checking or savings account . we have developed prepaid card programs for healthcare reimbursement payments , pharmaceutical assistance , plasma donor remuneration , corporate and incentive rewards and expense reimbursement cards . we plan to expand our product offering to include payroll cards , general purpose re-loadable cards and travel cards . our cards are offered to end users through our relationships with bank issuers . our products and services are aimed at capitalizing on the growing demand for stored value and reloadable atm/prepaid card financial products in a variety of market niches . story_separator_special_tag our proprietary platform is scalable and customizable , delivering cost benefits and revenue building opportunities to partners . we manage all aspects of the debit card lifecycle , from managing the card design and approval processes with banking partners and card associations , to production , packaging , distribution , and personalization . we also oversee inventory and security controls , renewals , lost and stolen card management and replacement . currently , we are focusing our marketing efforts on the healthcare reimbursement market , pharmaceutical marketing or drug sampling market , source plasma donation payments and the corporate incentive card market targeting automotive and other market niches . as part of our platform expansion development process , we evaluate current and emerging technologies for applicability to our existing and future software platform . to this end , we engage with various hardware and software vendors in evaluation of various infrastructure components . where appropriate , we use third-party technology components in the development of our software applications and service offerings . third-party software may be used for highly specialized business functions , which we may not be able to develop internally within time and budget constraints . our principal target markets for processing services include prepaid card issuers , retail and private-label issuers , small third-party processors , and small and mid-size financial institutions in the united states and in emerging international markets . the company has begun to devote more extensive resources to sales and marketing activities as we have added essential personnel to our marketing and sales department in late 2013. we sell our products directly to customers in the u.s. but may work with a small number of resellers and third parties in international markets to identify , sell and support targeted opportunities . we have also identified large scale opportunities in the european union and are aggressively pursuing those opportunities . in order to expand into new markets , we will need to invest additional funds in technology improvements , sales and marketing expenses , and regulatory compliance costs . we are considering raising capital to enable us to diversify into new market verticals . if we do not raise new capital , we believe that we will still be able to expand into new markets using internally generated funds , but our expansion will not be as rapid . 22 results of operations in 2015 we increased our focus on sales while continuing to invest in our core infrastructure , platform development and the addition of essential personnel in order to allow us to successfully scale our business . despite a reduction in revenue from our pharmaceutical co-pay assistance programs , we increased our footprint in the plasma donation compensation space from 78 plasma donation centers utilizing the paysign solution on december 31 , 2014 to 91 on december 31 , 2015. fiscal years ended december 31 , 2015 and 2014 revenues for the year ended december 31 , 2015 were $ 8,107,541 , a decrease of $ 2,185,639 compared to the year ended december 31 , 2014 , when revenues were $ 10,293,180. the decrease in revenue was primarily due to a decrease in our healthcare reimbursement payments and pharmaceutical co-pay assistance programs . the company experienced an increase in revenue from its plasma donation compensation programs in 2015 and expects revenue from plasma donation programs to increase in 2016. we believe the company will resume revenue growth in 2016 and beyond as a result of growth in our corporate incentive programs . cost of revenues for the year ended december 31 , 2015 were $ 4,019,514 , a decrease of $ 635,201 compared to the year ended december 31 , 2014 , when cost of revenues were $ 4,654,715. our costs of revenues have decreased substantially as a result of lower revenues in our pharmaceutical programs which was offset by increases in revenues from our plasma donation compensation programs . cost of revenues constituted approximately 50 % and 45 % of total revenues in 2015 and 2014 , respectively . cost of revenues is comprised of transaction processing fees , data connectivity and data center expenses , network fees , bank fees , card production costs , customer service and program management expenses , application integration setup , and sales and commission expense . gross profit for the year ended december 31 , 2015 was $ 4,088,027 , a decrease of $ 1,550,438 compared to the year ended december 31 , 2014 , when gross profit was $ 5,638,465. our overall gross profit percentage approximated 50 % and 55 % during the fiscal years 2015 and 2014 which is consistent with our overall expectations . we believe our profit margins will improve in the future as we continue to pursue new corporate incentive reward programs utilizing our paysign platform and marketing our products and services utilizing our internal sales and marketing team . selling , general and administrative expenses for the year ended december 31 , 2015 were $ 3,734,187 , an increase of $ 1,018,871 compared to the year ended december 31 , 2014 , when selling , general and administrative expenses were $ 2,715,316. the increase in selling , general and administrative expenses was due to increased staffing and technological expenses relating to launch of several new and ongoing programs and our planned expansion into the european union . we continued to ramp up our investment in infrastructure and processes during 2015 to be able to scale our business successfully . in fiscal 2015 , we began to devote more resources to our internal sales and marketing team and expect to continue to do so in 2016. in the fiscal year ended december 31 , 2015 , we recorded operating income ( loss ) of $ ( 8,872 ) , as compared to operating income of $ 2,751,555 in the fiscal year ended december 31 , 2014 , a decline of $ 2,760,427. other income ( expense ) for the

