GIFTIFY, INC.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & Equivalents | $3.7M | $4.3M | $4.1M | $2.0M | — | — |
| Accounts Receivable | $142.9K | $164.7K | $1.7M | $1.5M | $118.1K | — |
| Inventory | $3.8M | $4.1M | $4.2M | $5.0M | — | — |
| Total Current Assets | $7.7M | $8.6M | $10.1M | $8.6M | $2.3M | — |
| Property, Plant & Equipment | $443.8K | $1.1M | $2.6M | $3.7M | — | — |
| Goodwill | $20.0M | $20.0M | $20.0M | — | $334.0K | — |
| Intangible Assets (Excl. Goodwill) | $2.5M | $4.3M | $6.7M | $550.0K | — | — |
| Total Assets | $31.8M | $35.5M | $39.8M | $13.1M | $2.5M | — |
| Liabilities | ||||||
| Accounts Payable | $1.8M | $2.0M | $2.2M | $1.2M | $976.6K | — |
| Total Current Liabilities | $7.5M | $11.9M | $12.0M | $34.4M | $2.1M | — |
| Long-Term Debt | — | — | — | — | — | — |
| Total Liabilities | $9.5M | $14.7M | $15.4M | $34.5M | $5.5M | — |
| Stockholders' Equity | ||||||
| Retained Earnings | $-98.8M | $-88.3M | $-69.5M | $-30.3M | $-60.3M | — |
| Total Stockholders' Equity | $22.3M | $20.8M | $24.3M | $-25.4M | $-17.1M | $-2.6M |