{"url_path":"/sec/gift/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-12","source_url":"https://www.sec.gov/Archives/edgar/data/1760233/0001493152-26-022415-index.html","accession_number":"0001493152-26-022415","cik":"0001760233","ticker":"GIFT","issuer_name":"GIFTIFY, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1760233/0001493152-26-022415-index.html","primary_entity_key":"0001760233","primary_entity_name":"GIFTIFY, 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EXCHANGE COMMISSION**\n\n**Washington,\nD.C. 20549**\n\n \n\n**FORM\n10-Q**\n\n \n\n(Mark\nOne)\n\n \n\n☒\nQUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES\nEXCHANGE ACT OF 1934\n\n \n\nFor\nthe quarterly period ended **March 31, 2026**\n\n \n\nOR\n\n \n\n☐\nTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nFor\nthe transition period from ___________ to ____________\n\n \n\n**Commission\nFile Number 001-42206**\n\n \n\n**GIFTIFY,\nINC.**\n\n(Exact\nname of registrant as specified in its charter)\n\n \n\n**Delaware**\n \n**45-2482974**\n\n(State\nor other jurisdiction of\n\nincorporation or organization)\n \n\n(I.R.S.\nEmployer\n\nIdentification\nNo.)\n\n \n\n**1100\nWoodfield Road, Suite 510**\n\n**Schaumburg,\nIL**\n\n**60173**\n\n(Address\nof principal executive offices)\n\n(ZIP\nCode)\n\n \n\n**(847)\n506-9680**\n\n(Registrant’s\ntelephone number, including area code)\n\n \n\nSecurities\nregistered pursuant to Section 12(b) of the Act:\n\n \n\n**Title\nof each class**\n \n**Trading\nSymbol(s)**\n \n**Name\nof each exchange on which registered**\n\nCommon Stock, par value\n$.001\n \nGIFT\n \nThe Nasdaq Stock Market\nLLC\n\n \n\nIndicate\nby check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange\nAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)\nhas been subject to such filing requirements for the past 90 days. Yes ☒ NO ☐\n\n \n\nIndicate\nby check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule\n405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or such shorter period that the registrant was\nrequired to submit such files). Yes ☒ No ☐\n\n \n\nIndicate\nby check mark whether the registrant is a large, accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting\ncompany, or an emerging growth company. See the definitions of “large, accelerated filer,” “accelerated filer,”\n“smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\n \nLarge,\naccelerated filer\n☐\nAccelerated\nfiler\n☐\n\n \nNon-accelerated\nfiler\n☒\nSmaller\nreporting company\n☒\n\n \n \n \nEmerging\ngrowth company\n☒\n\n \n\nIf\nan emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying\nwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐\n\n \n\nIndicate\nby check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒\n\n \n\nIndicate\nthe number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: There were\n34,109,649 shares of common stock outstanding as of April 30, 2026.\n\n \n\n \n\n \n\n \n\n \n\n \n\n**TABLE\nOF CONTENTS**\n\n \n\n[PART I - FINANCIAL INFORMATION](#a_001)\nF-1\n\n \n \n\n[Item 1. Condensed Financial Statements](#a_002)\nF-1\n\n \n \n\n[Condensed Consolidated Balance Sheets – March 31, 2026 (Unaudited) and December 31, 2025](#a_003)\nF-1\n\n \n \n\n[Condensed Consolidated Statements of Operations for the three months ended March 31, 2026 and 2025 (Unaudited)](#a_004)\nF-2\n\n \n \n\n[Condensed Consolidated Statements of Changes in Stockholders’ Equity for the three months ended March 31, 2026 and 2025 (Unaudited)](#a_005)\nF-3\n\n \n \n\n[Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2026 and 2025 (Unaudited)](#a_006)\nF-4\n\n \n \n\n[Notes to Condensed Consolidated Financial Statements for the three months ended March 31, 2026 and 2025 (Unaudited)](#a_007)\nF-5\n\n \n \n\n[Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations](#i_001)\n1\n\n \n \n\n[Item 3. Quantitative and Qualitative Disclosures About Market Risk](#i_002)\n10\n\n \n \n\n[Item 4. Controls and Procedures](#i_003)\n10\n\n \n \n\n[PART II – OTHER INFORMATION](#i_004)\n11\n\n \n \n\n[Item 1. Legal Proceedings](#i_005)\n11\n\n \n \n\n[Item 1A. Risk Factors](#i_006)\n11\n\n \n \n\n[Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](#i_007)\n11\n\n \n \n\n[Item 3. Defaults Upon Senior Securities](#i_008)\n11\n\n \n \n\n[Item 4. Mine Safety Disclosures](#i_009)\n11\n\n \n \n\n[Item 5. Other Information](#i_010)\n11\n\n \n \n\n[Item 6. Exhibits](#i_011)\n11\n\n \n\n****\n\ni\n\n \n\n** **\n\n**CAUTIONARY\nNOTE CONCERNING FORWARD-LOOKING STATEMENTS**\n\n \n\n*Certain\nstatements and information in this Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 (the “Quarterly\nReport”) may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of\n1933, as amended (the “Securities Act”), Section 21E of the Securities Exchange Act of 1934, as amended (the\n“Exchange Act”), and the Private Securities Litigation Reform Act of 1995. All statements, other than statements of\nhistorical facts, which address activities, events, or developments that we expect or anticipate will or may occur in the future,\nincluding such things as future capital expenditures, growth, product development, sales, business strategy, geopolitical conflicts,\nand other similar matters are forward-looking statements. In some cases, you can identify forward-looking statements by terminology\nsuch as “may,” “will,” “should,” “expect,” “plan,”\n“anticipate,” “believe,” “estimate,” “predict,” “potential,” or\n“continue,” or other comparable terminology. These forward-looking statements are based largely on our current\nexpectations and assumptions and are subject to a number of risks and uncertainties, many of which are beyond our control. These\nstatements are subject to many risks, uncertainties, and other important factors that could cause actual future results to differ\nmaterially from those expressed in the forward-looking statements including, but not limited to, general economic uncertainty in key\nglobal markets and a worsening of global economic conditions or low levels of economic growth; the effects of steps that we could\ntake to reduce operating costs; our inability to sustain profitable sales growth, or reduce our costs to maintain competitive prices\nfor our services and products; circumstances or developments that may make us unable to implement or realize the anticipated\nbenefits, or that may increase the costs, of our current and planned business initiatives; and those factors detailed by us in our\npublic filings with the Securities and Exchange Commission (the “SEC”), including in Item 1A, Risk Factors, in our\nAnnual Report on Form 10-K for the year ended December 31, 2025. In light of these risks and uncertainties, all of the\nforward-looking statements made herein are qualified by these cautionary statements and there can be no assurance that the actual\nresults or developments anticipated by us will be realized. We undertake no obligation to update or revise any of the\nforward-looking statements contained herein.*\n\n \n\nii\n\n \n\n** **\n\n**PART\nI. FINANCIAL INFORMATION**"}