For the quarter ending 2026-03-31, GIFT has $31,018,113 in assets. $9,536,713 in debts. $4,181,974 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents (includes restricted cash of 750,000 and 1,000,000 at march 31, 2026 and december 31, 2025, respectively) | 4,181,974 | 3,654,944 | 4,021,227 | 3,257,427 |
| Accounts receivable | 162,075 | 142,878 | 122,697 | 121,139 |
| Inventories, net | 3,089,936 | 3,751,549 | 2,798,063 | 2,021,395 |
| Prepaid expenses and other current assets | 304,365 | 196,104 | 274,720 | 368,871 |
| Total current assets | 7,738,350 | 7,745,475 | 7,216,707 | 5,768,832 |
| Property and equipment, gross | 2,563,312 | - | 2,563,312 | - |
| Accumulated depreciation | 2,281,045 | - | 1,957,160 | - |
| Property and equipment, net | 282,267 | 443,811 | 606,152 | 766,904 |
| Operating lease right-of- use asset, net | 1,004,231 | 1,088,091 | 1,170,174 | 1,250,518 |
| Deposits | 75,115 | 68,189 | 68,189 | 68,189 |
| Intangible assets, gross | 7,191,163 | 7,191,163 | 7,191,163 | - |
| Accumulated amortization | 5,280,683 | 4,703,341 | 4,117,996 | - |
| Intangible assets, net | 1,910,480 | 2,487,822 | 3,073,167 | 3,640,517 |
| Goodwill | 20,007,670 | 20,007,670 | 20,007,670 | 20,007,670 |
| Total assets | 31,018,113 | 31,841,058 | 32,142,059 | 31,502,630 |
| Accounts payable | 2,334,515 | 1,815,727 | 1,909,145 | 1,619,833 |
| Accrued expenses | 1,713,464 | 1,917,961 | 1,708,012 | 1,772,419 |
| Customer deposits | 3,880 | 2,015 | 1,612 | 153 |
| Deferred revenue | 96,189 | 130,376 | 123,583 | 107,504 |
| Secured revolving line of credit | 3,154,247 | 3,212,935 | 2,693,735 | 1,715,897 |
| Convertible promissory note | 46,137 | 46,137 | 45,387 | 44,637 |
| Secured notes payable related party, net of debt discount of 0 and 4,000, at june 30, 2025 and december 31, 2024, respectively | - | - | - | 0 |
| Notes payable, current portion | 12,240 | 12,240 | 1,925,315 | 1,881,668 |
| Operating lease liability, current portion | 370,047 | 358,861 | 347,912 | 337,195 |
| Total current liabilities | 7,730,719 | 7,496,252 | 8,754,701 | 7,479,306 |
| Notes payable, net of current portion | 648,171 | 651,349 | 659,367 | 664,500 |
| Deferred income taxes | 479,250 | 608,000 | 682,426 | 829,284 |
| Operating lease liability, net of current portion | 678,573 | 774,510 | 868,433 | 960,386 |
| Total liabilities | 9,536,713 | 9,530,111 | 10,964,927 | 9,933,476 |
| Common stock, 0.001 par value, 750,000,000 shares authorized 34,007,467 and 33,146,517 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively | 34,008 | 33,147 | 30,711 | 30,155 |
| Additional paid-in-capital | 122,533,202 | 120,713,202 | 117,334,768 | 115,289,884 |
| Common stock issuable, 350,843 and 350,843 shares, respectively | 350,843 | 350,843 | 350,843 | 350,843 |
| Accumulated deficit | -101,436,653 | -98,786,245 | -96,539,190 | -94,101,728 |
| Total stockholders equity | 21,481,400 | 22,310,947 | 21,177,132 | 21,569,154 |
| Total liabilities and stockholders equity | 31,018,113 | 31,841,058 | 32,142,059 | 31,502,630 |
GIFTIFY, INC. (GIFT)
GIFTIFY, INC. (GIFT)