GIFTIFY, INC.
For the period ended Dec 31, 2025. Filed Mar 18, 2026.
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FY2025 · Filed Mar 18, 2026
GIFT$0.54+5.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| As of December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents (includes restricted cash of $1,000,000 and $1,250,000 at December 31, 2025 and 2024, respectively) | $3,654,944 | $4,301,842 |
| Accounts receivable | 142,878 | 164,700 |
| Inventories, net | 3,751,549 | 4,116,180 |
| Prepaid expenses and other current assets | 196,104 | 63,210 |
| Total current assets | 7,745,475 | 8,645,932 |
| Property and equipment, net | 443,811 | 1,089,984 |
| Operating lease right-of- use asset, net | 1,088,091 | 1,406,242 |
| Deposits | 68,189 | 65,556 |
| Intangible assets, net | 2,487,822 | 4,268,332 |
| Goodwill | 20,007,670 | 20,007,670 |
| Total assets | $31,841,058 | $35,483,716 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $1,815,727 | $1,966,616 |
| Accrued expenses | 1,917,961 | 1,768,607 |
| Customer deposits | 2,015 | 95,000 |
| Deferred revenue | 130,376 | 77,051 |
| Secured revolving line of credit | 3,212,935 | 3,805,080 |
| Convertible promissory note | 46,137 | 43,137 |
| Secured notes payable — related party, net of debt discount of $0 and $4,000, at December 31, 2025 and 2024, respectively | - | 2,060,274 |
| Notes payable, current portion | 12,240 | 1,717,632 |
| Operating lease liability, current portion | 358,861 | 316,612 |
| Total current liabilities | 7,496,252 | 11,850,009 |
| Notes payable, net of current portion | 651,349 | 615,000 |
| Deferred income taxes | 608,000 | 1,123,000 |
| Operating lease liability, net of current portion | 774,510 | 1,133,371 |
| Total liabilities | 9,530,111 | 14,721,380 |
| Commitments and contingencies | - | - |
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value, 10,000,000 shares authorized; | - | - |
| Common stock, $0.001 par value, 750,000,000 shares authorized; 33,146,517 and 27,021,423 shares issued and outstanding at December 31, 2025 and 2024, respectively | 33,147 | 27,015 |
| Additional paid-in-capital | 120,713,202 | 108,679,065 |
| Common stock issuable, 350,843 and 350,843 shares, respectively | 350,843 | 350,843 |
| Accumulated deficit | (98,786,245) | (88,294,587) |
| Total stockholders’ equity | 22,310,947 | 20,762,336 |
| Total liabilities and stockholders’ equity | $31,841,058 | $35,483,716 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.