GIFTIFY, INC.
For the period ended Dec 31, 2025. Filed Mar 18, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 18, 2026
GIFT$0.51-5.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
| Year Ended December 31, 2025 · Year Ended December 31, 2024 | ||||
|---|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||
| Net loss | $(10,491,658) | $(18,832,080) | ||
| Adjustments to reconcile net loss to net cash provided by operating activities | ||||
| Fair value of vested stock options | 3,671,565 | 8,031,289 | ||
| Fair value of vested restricted common stock | 2,055,336 | 2,681,848 | ||
| Fair value of common stock issued for services | 575,713 | 771,500 | ||
| Loss on fair value of common stock issued for settlement of vendor | 33,750 | 135,415 | ||
| Fair value of common stock issued as financing costs | - | 131,000 | ||
| Change in inventory reserve balance | (25,000) | (61,000) | ||
| Depreciation of capitalized software costs | 646,173 | 1,472,974 | ||
| Right-of-use assets | 318,151 | 304,481 | ||
| Amortization of intangible assets | 2,271,673 | 2,431,668 | ||
| Amortization of debt discount | 19,000 | 18,000 | ||
| Accrued interest | (151,190) | 131,398 | ||
| Changes in operating assets and liabilities: | ||||
| Accounts receivable | 80,936 | (66,170) | ||
| Inventories | 389,631 | 97,093 | ||
| Prepaid expenses and other current assets | (132,894) | 113,909 | ||
| Accounts payable | (76,389) | (236,731) | ||
| Accrued expenses | 96,401 | 592,673 | ||
| Customer deposits | (92,985) | 95,000 | ||
| Deferred revenue | 53,325 | (259,945) | ||
| Deferred taxes | (515,000) | (677,000) | ||
| Operating lease liability | (316,612) | (282,861) | ||
| Net cash used in operating activities | (1,590,074) | (3,407,539) | ||
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||
| Cash received on acquisition | 109,543 | - | ||
| Net cash provided by investing activities | 109,543 | - | ||
| CASH FLOWS FROM FINANCING ACTIVITIES | ||||
| Proceeds from line of credit | 135,736,042 | 104,752,474 | ||
| Repayment of line of credit | (136,328,187) | (107,684,779) | ||
| Proceeds from note payable | 985,000 | - | ||
| Repayment of notes payable | (2,579,127) | (26,271) | ||
| Proceeds from notes payable – related party | - | 1,978,000 | ||
| Repayment of notes payable – related party | (2,000,000) | - | ||
| Proceeds from sale of common stock, net of expenses, under at-the-market sale agreement | 1,735,406 | 286,063 | ||
| Proceeds from sale of common stock, net of expenses, under stock purchase agreement | 374,500 | 200,000 | ||
| Proceeds from public offering of common stock | 478,000 | - | ||
| Proceeds from private offering of common stock | 2,431,999 | 3,021,522 | ||
| Repayment of acquisition obligation | - | (500,000) | ||
| Net cash provided by financing activities | 833,633 | 2,027,009 | ||
| Net decrease in cash and cash equivalents | (646,898) | (1,380,530) | ||
| Cash and cash equivalents beginning of period | 4,301,842 | 5,682,372 | ||
| Cash and cash equivalents end of period | $3,654,944 | $4,301,842 | ||
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | ||||
| Interest paid | $431,818 | $704,961 | ||
| Taxes paid | $6,204 | $ | - | |
| NON-CASH INVESTING AND FINANCING ACTIVITIES | ||||
| Common shares issued for acquisition | $609,000 | $ | - | |
| Common shares issued for trade accounts payable | $108,750 | $150,000 | ||
| Issuance of common stock issued for common stock issuable | $ | - | $32,500 | |
| Accounts receivable from acquisition | $59,114 | $ | - | |
| Intangible assets from acquisition | $491,163 | $ | - | |
| Deposits from acquisition | $2,633 | $ | - | |
| Accounts payable from acquisition | $500 | $ | - | |
| Accrued expenses from acquisition | $52,953 | $ | - | |
| Operating lease right-of-use assets obtained in exchange for new operating lease liabilities | $ | - | $1,395,541 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.