Overview
Compare with 1stDibs, Hour Loop, Inc or Grove Collaborative Holdings, Inc., or pick any stock.
- TickerGIFT on Nasdaq1
- IndustryRetail-Catalog & Mail-Order Houses1
- HeadquartersSchaumburg, Illinois1
- Incorporated inDE2
- Business address1100 E Woodfield Road, Suite 510, Schaumburg, Il 601722
- Filer category, Emerging growth company2
See how the biggest companies compare on our leaderboards
Company as a key player in the industry with a strategic vision for continued growth and success.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
18.6%Gross margin4
-12.4%Operating margin4
-12.6%Net margin4
-6.5%Revenue growth, 20254
-47.0%Return on equity4
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Card Cash Gift Cards brought in 97% of the revenue GIFTIFY, INC. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Card Cash Gift Cards | $87.0M | $80.9M |
| Restaurant.com Gift Cards and Coupons | $1.9M | $2.2M |
| Advertising | $73.1K | $112.6K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue75¢$67.7M
- Selling, general and admin25¢$22.9M
Out of $83.2M in revenue.4 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net Sales | $83.2M | $88.9M |
| Cost of sales | $67.7M | $75.8M |
| Gross profit | $15.5M | $13.1M |
| Selling, general and administrative expenses | $22.9M | $27.6M |
| Depreciation of capitalized software costs | $645.4K | $1.5M |
| Amortization of intangible assets | $2.3M | $2.4M |
| Total operating expenses | $25.9M | $31.5M |
| Loss from operations | -$10.4M | -$18.4M |
| Interest income | $15.5K | |
| Interest expense | -$604.8K | -$1.0M |
| Financing costs | -$95.0K | -$131.0K |
| Other income | $38.5K | |
| Total other expense, net | -$645.7K | -$1.1M |
| Net loss before income tax benefit | -$11.0M | -$19.5M |
| Income tax benefit | $508.8K | $677.0K |
| Net loss | -$10.5M | -$18.8M |
| Net loss per share basic | -$0.35 | -$0.73 |
| Net loss per share diluted | -$0.35 | -$0.73 |
| Weighted average common shares outstanding - basic | 29.8M shares | 25.7M shares |
| Weighted average common shares outstanding - diluted | 29.8M shares | 25.7M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents (includes restricted cash of $1,000,000 and $1,250,000 at December 31, 2025 and 2024, respectively) | $3.7M | $4.3M | |
| Accounts receivable | $142.9K | $164.7K | |
| Inventories, net | $3.8M | $4.1M | |
| Prepaid expenses and other current assets | $196.1K | $63.2K | |
| Total current assets | $7.7M | $8.6M | |
| Property and equipment, net | $443.8K | $1.1M | |
| Operating lease right-of- use asset, net | $1.1M | $1.4M | |
| Deposits | $68.2K | $65.6K | |
| Intangible assets, net | $2.5M | $4.3M | |
| Goodwill | $20.0M | $20.0M | |
| Total assets | $31.8M | $35.5M | |
| Accounts payable | $1.8M | $2.0M | |
| Accrued expenses | $1.9M | $1.8M | |
| Customer deposits | $2.0K | $95.0K | |
| Deferred revenue | $130.4K | $77.1K | |
| Secured revolving line of credit | $3.2M | $3.8M | |
| Convertible promissory note | $46.1K | $43.1K | |
| Secured notes payable related party, net of debt discount of $0 and $4,000, at December 31, 2025 and 2024, respectively | $2.1M | ||
| Notes payable, current portion | $12.2K | $1.7M | |
| Operating lease liability, current portion | $358.9K | $316.6K | |
| Total current liabilities | $7.5M | $11.9M | |
| Notes payable, net of current portion | $651.3K | $615.0K | |
| Deferred income taxes | $608.0K | $1.1M | |
| Operating lease liability, net of current portion | $774.5K | $1.1M | |
| Total liabilities | $9.5M | $14.7M | |
| 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 | $33.1K | $27.0K | |
| Additional paid-in-capital | $120.7M | $108.7M | |
| Common stock issuable, 350,843 and 350,843 shares, respectively | $350.8K | $350.8K | |
| Accumulated deficit | -$98.8M | -$88.3M | |
| Total stockholders equity | $22.3M | $20.8M | $24.3M |
| Total liabilities and stockholders equity | $31.8M | $35.5M | |
| Restricted cash | $1.0M | $1.2M | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 750.0M shares | 750.0M shares | |
| Common stock, shares issued | 33.1M shares | 27.0M shares | |
| Common stock, shares outstanding | 33.1M shares | 27.0M shares | |
| Common stock issuable, shares | 350.8K shares | 350.8K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents (includes restricted cash of $1,000,000 and $1,250,000 at December 31, 2025 and 2024, respectively) | $3.7M | $4.3M | |
| Accounts receivable | $142.9K | $164.7K | |
| Inventories, net | $3.8M | $4.1M | |
| Prepaid expenses and other current assets | $196.1K | $63.2K | |
| Total current assets | $7.7M | $8.6M | |
| Property and equipment, net | $443.8K | $1.1M | |
| Operating lease right-of- use asset, net | $1.1M | $1.4M | |
| Deposits | $68.2K | $65.6K | |
| Intangible assets, net | $2.5M | $4.3M | |
| Goodwill | $20.0M | $20.0M | |
| Total assets | $31.8M | $35.5M | |
| Accounts payable | $1.8M | $2.0M | |
| Accrued expenses | $1.9M | $1.8M | |
| Customer deposits | $2.0K | $95.0K | |
| Deferred revenue | $130.4K | $77.1K | |
| Secured revolving line of credit | $3.2M | $3.8M | |
| Convertible promissory note | $46.1K | $43.1K | |
| Secured notes payable related party, net of debt discount of $0 and $4,000, at December 31, 2025 and 2024, respectively | $2.1M | ||
| Notes payable, current portion | $12.2K | $1.7M | |
| Operating lease liability, current portion | $358.9K | $316.6K | |
| Total current liabilities | $7.5M | $11.9M | |
| Notes payable, net of current portion | $651.3K | $615.0K | |
| Deferred income taxes | $608.0K | $1.1M | |
| Operating lease liability, net of current portion | $774.5K | $1.1M | |
| Total liabilities | $9.5M | $14.7M | |
| 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 | $33.1K | $27.0K | |
| Additional paid-in-capital | $120.7M | $108.7M | |
| Common stock issuable, 350,843 and 350,843 shares, respectively | $350.8K | $350.8K | |
| Accumulated deficit | -$98.8M | -$88.3M | |
| Total stockholders equity | $22.3M | $20.8M | $24.3M |
| Total liabilities and stockholders equity | $31.8M | $35.5M | |
| Restricted cash | $1.0M | $1.2M | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 750.0M shares | 750.0M shares | |
| Common stock, shares issued | 33.1M shares | 27.0M shares | |
| Common stock, shares outstanding | 33.1M shares | 27.0M shares | |
| Common stock issuable, shares | 350.8K shares | 350.8K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$10.5M | -$18.8M |
| Fair value of vested stock options | $3.7M | $8.0M |
| Fair value of vested restricted common stock | $2.1M | $2.7M |
| Fair value of common stock issued for services | $575.7K | $771.5K |
| Loss on fair value of common stock issued for settlement of vendor | $33.8K | $135.4K |
| Fair value of common stock issued as financing costs | $131.0K | |
| Change in inventory reserve balance | -$25.0K | -$61.0K |
| Depreciation of capitalized software costs | $646.2K | $1.5M |
| Right-of-use assets | $318.2K | $304.5K |
| Amortization of intangible assets | $2.3M | $2.4M |
| Amortization of debt discount | $19.0K | $18.0K |
| Accrued interest | -$151.2K | $131.4K |
| Accounts receivable | $80.9K | -$66.2K |
| Inventories | $389.6K | $97.1K |
| Prepaid expenses and other current assets | -$132.9K | $113.9K |
| Accounts payable | -$76.4K | -$236.7K |
| Accrued expenses | $96.4K | $592.7K |
| Customer deposits | -$93.0K | $95.0K |
| Deferred revenue | $53.3K | -$259.9K |
| Deferred taxes | -$515.0K | -$677.0K |
| Operating lease liability | -$316.6K | -$282.9K |
| Net cash used in operating activities | -$1.6M | -$3.4M |
| Cash received on acquisition | $109.5K | |
| Net cash provided by investing activities | $109.5K | |
| Proceeds from line of credit | $135.7M | $104.8M |
| Repayment of line of credit | -$136.3M | -$107.7M |
| Proceeds from note payable | $985.0K | |
| Repayment of notes payable | -$2.6M | -$26.3K |
| Proceeds from notes payable related party | $2.0M | |
| Repayment of notes payable related party | -$2.0M | |
| Proceeds from sale of common stock, net of expenses, under at-the-market sale agreement | $1.7M | $286.1K |
| Proceeds from sale of common stock, net of expenses, under stock purchase agreement | $374.5K | $200.0K |
| Proceeds from public offering of common stock | $478.0K | |
| Proceeds from private offering of common stock | $2.4M | $3.0M |
| Repayment of acquisition obligation | -$500.0K | |
| Net cash provided by financing activities | $833.6K | $2.0M |
| Net decrease in cash and cash equivalents | -$646.9K | -$1.4M |
| Interest paid | $431.8K | $705.0K |
| Taxes paid | $6.2K | |
| Common shares issued for acquisition | $609.0K | |
| Common shares issued for trade accounts payable | $108.8K | $150.0K |
| Issuance of common stock issued for common stock issuable | $32.5K | |
| Accounts receivable from acquisition | $59.1K | |
| Intangible assets from acquisition | $491.2K | |
| Deposits from acquisition | $2.6K | |
| Accounts payable from acquisition | $500 | |
| Accrued expenses from acquisition | $53.0K | |
| Operating lease right-of-use assets obtained in exchange for new operating lease liabilities | $1.4M |
No quarter-by-quarter statement was filed.
Corporate structure
GIFTIFY, INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of GIFTIFY, INC.
- Interactive Communications International, Inc. Filed SCHEDULE 13G on GIFTIFY, INC., latest Jun 30, 2025
- Eldridge Industries, LLC Filed SC 13G on GIFTIFY, INC., latest Feb 28, 2024
- GIFTIFY, INC. Schaumburg, Illinois
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What GIFTIFY, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $2.6M4 Dec 31, 2025 | $2.6M4 Dec 31, 2024 | 0% |
| Accumulated depreciation | $2.1M4 Dec 31, 2025 | $1.5M4 Dec 31, 2024 | +43.9% |
| Property and equipment, net | $443.8K4 Dec 31, 2025 | $1.1M4 Dec 31, 2024 | −59.3% |
| Operating-lease assets (leased space) | $1.1M4 Dec 31, 2025 | $1.4M4 Dec 31, 2024 | −22.6% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $3.7M4 Dec 31, 2025 | $4.3M4 Dec 31, 2024 | −15.0% |
| Deposits held (banks) | $2.0K4 Dec 31, 2025 | $95.0K4 Dec 31, 2024 | −97.9% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $20.0M4 Dec 31, 2025 | $20.0M4 Dec 31, 2024 | 0% |
| Finite-lived intangibles, gross | $7.2M4 Dec 31, 2025 | $6.7M4 Dec 31, 2024 | +7.3% |
| Accumulated amortization | $4.7M4 Dec 31, 2025 | $2.4M4 Dec 31, 2024 | +93.4% |
| Finite-lived intangibles, net | $2.5M4 Dec 31, 2025 | $4.3M4 Dec 31, 2024 | −41.7% |
Inventory
Properties, in its own words
Our principal executive offices, including Restaurant.com, are located at 1100 Woodfield Road, Suite 510, Schaumburg, IL 60173, and consist of approximately 7,850 square feet. The corresponding lease was executed in April 2023 for a 36-month term at an average base rent of approximately $7,500 per month.
In April 2024, CardCash signed a lease for its office located in Woodbridge, New Jersey. The lease has a term of 61 months through April 2029, and an average base rent of approximately $28,000 per month.
Item 2 of the 10-K filed Mar 18, 2026.3
Leadership
Who has led GIFTIFY, INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief operating officer
2025
- Chief executive officerElliot Bohm Mar 23, 2026 to now10
- Chief executive officerKetan Thakker Oct 10, 2024 to Mar 23, 202611
- PresidentKetan Thakker Oct 10, 2024 to Oct 10, 202411
- Chief operating officerAri Marc Ackerman Mar 23, 2026 to now12
Board members and other officers (6)
- CTOBalazs Wellisch Oct 23, 2024 to Oct 23, 202413
- Board memberAri Marc Ackerman Mar 23, 2026 to now12
- Board memberElliot Bohm Mar 23, 2026 to now10
- Board memberKetan Thakker Oct 10, 2024 to now11
- Board memberPaul K. Danner Oct 10, 2024 to Oct 10, 202414
- Board memberBalazs Wellisch Oct 23, 2024 to Oct 23, 202415
Former names
Timeline
- Aug 7, 20268-K Listing notice or transfer16
- Apr 28, 20268-K Listing notice or transfer17
- Mar 27, 20268-K Listing notice or transfer18
- Mar 23, 2026New chief executive Elliot Bohm becomes CEO10
- Oct 20, 20258-K Shareholder vote19
- Aug 25, 20258-K Executive or director change20
- Jun 5, 20258-K Entered a material agreement21
- Apr 25, 20258-K Entered a material agreement22
- Feb 21, 20258-K Entered a material agreement23
- Feb 5, 20258-K Entered a material agreement; Regulation FD disclosure24
- Jan 28, 20258-K Entered a material agreement25
- Jan 21, 20258-K Entered a material agreement26
- Jan 17, 20258-K Entered a material agreement; Regulation FD disclosure27
- Oct 10, 2024New chief executive Ketan Thakker becomes CEO11
Calendar
Coming up
- Nov 9, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.08) a share, on Nov 10, 2025.28
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
119 filings to the SEC since October 2021: 6 annual reports, 14 quarterly reports, 24 major events, 36 insider forms, 2 large holders, 37 other. The latest 20:
- Oct 7, 2026PRE 14A EDGAR
- Sep 25, 20264 EDGAR
- Sep 24, 20264 EDGAR
- Sep 17, 20264 EDGAR
- Sep 15, 20264 EDGAR
- Sep 15, 20264 EDGAR
- Aug 7, 20268-K EDGAR
- Aug 3, 2026144 EDGAR
- Aug 3, 202610-Q EDGAR
- Jul 2, 2026144 EDGAR
- Jun 11, 2026144 EDGAR
- May 12, 202610-Q EDGAR
- May 7, 20264 EDGAR
- May 6, 20264 EDGAR
- May 1, 2026144 EDGAR
- Apr 28, 20268-K EDGAR
- Apr 10, 202610-K/A 10-K EDGAR
- Apr 9, 2026144/A EDGAR
- Apr 1, 2026144 EDGAR
- Mar 27, 20268-K EDGAR
The 119 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
38 open-market trades by officers, directors and large owners since October 2021: 15 buys and 23 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 3, 2026 | Miller Timothy WilliamVice President, Sales | Sale | 1,000 | $1.00 | $1.0K | Form 4 |
| Jul 2, 2026 | Miller Timothy WilliamVice President, Sales | Sale | 1,000 | $1.00 | $1.0K | Form 4 |
| Jun 10, 2026 | Miller Timothy WilliamVice President, Sales | Sale | 1,000 | $1.00 | $1.0K | Form 4 |
| May 3, 2026 | Miller Timothy WilliamVice President, Sales | Sale | 1,000 | $1.00 | $1.0K | Form 4 |
| Apr 1, 2026 | Miller Timothy WilliamVice President, Sales | Sale | 1,000 | $1.00 | $1.0K | Form 4 |
| Mar 23, 2026 | Miller Timothy WilliamVice President, Sales | Sale | 437 | $1.00 | $437 | Form 4 |
| Mar 18, 2026 | Miller Timothy WilliamVice President, Sales | Sale | 1,000 | $1.00 | $1.0K | Form 4 |
| Feb 26, 2026 | HI Technology Corp | Sale | 17,610 | $0.93 | $16.4K | Form 4 |
| Feb 2, 2026 | Miller Timothy WilliamVice President, Sales | Sale | 1,000 | $1.05 | $1.1K | Form 4 |
| Jan 2, 2026 | Miller Timothy WilliamVice President, Sales | Sale | 1,000 | $1.07 | $1.1K | Form 4 |
| Dec 8, 2025 | Miller Timothy WilliamVice President, Sales | Sale | 1,000 | $1.11 | $1.1K | Form 4 |
| Nov 6, 2025 | Miller Timothy WilliamVice President, Sales | Sale | 1,000 | $1.04 | $1.0K | Form 4 |
| Oct 6, 2025 | Miller Timothy WilliamVice President, Sales | Sale | 1,000 | $1.05 | $1.1K | Form 4 |
| Sep 8, 2025 | Miller Timothy WilliamVice President, Sales | Sale | 1,000 | $1.05 | $1.1K | Form 4 |
| Aug 22, 2025 | Handy SteveCFO | Buy | 3,136 | $1.06 | $3.3K | Form 4 |
| Aug 21, 2025 | Thakker KetanCEO | Buy | 1,000 | $1.08 | $1.1K | Form 4 |
| Aug 21, 2025 | Handy SteveCFO | Buy | 18,664 | $1.06 | $19.8K | Form 4 |
| Aug 18, 2025 | Handy SteveCFO | Buy | 120 | $1.06 | $127 | Form 4 |
| Aug 15, 2025 | Handy SteveCFO | Buy | 1,281 | $1.05 | $1.3K | Form 4 |
| Aug 6, 2025 | Miller Timothy WilliamVice President, Sales | Sale | 1,000 | $1.01 | $1.0K | Form 4 |
All 38 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Interactive Communications International, Inc.SCHEDULE 13G, 1 filing Jun 30, 202529
- Eldridge Industries, LLCSC 13G, 1 filing Feb 28, 202430
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2024 | Steve Handy, | $72.0K | $8.8M31 | |
| 2024 | Ketan Thakker, | $400.0K | $1.4M31 | |
| 2024 | Balazs Wellisch | $150.0K | $1.4M31 | |
| 2024 | Elliot Bohm | $375.0K | $897.0K31 | |
| 2024 | Marc Ackerman | $375.0K | $897.0K31 | |
| 2024 | Tim Miller | $109.0K | $151.0K31 | |
| 2024 | Aaron Horowitz | $37.5K | $100.5K31 | |
| 2023 | Chief Operating OfficerCardCash | $375.0K | $2.9M31 | |
| 2023 | DirectorPresident CardCash | $375.0K | $2.9M31 | |
| 2023 | ChairmanPresident and CEO | $303.0K | $1.1M31 | |
| 2023 | President and GC | $150.0K | $401.0K31 | |
| 2023 | VP SalesRestaurant.com | $313.0K | $397.0K31 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Security Benefit Life Insurance Co /ks/ | 2,470,479 | $2.3M | 1.3% | No change |
| Vanguard Capital Management LLC | 384,652 | $364.6K | 0.0% | +1,800 |
| Geode Capital Management, LLC | 180,769 | $171.4K | 0.0% | −27,208 |
| Henrickson Nauta Wealth Advisors, Inc. | 142,398 | $135.0K | 0.0% | No change |
| Blair William & Co/il | 128,553 | $121.9K | 0.0% | No change |
| Vanguard Fiduciary Trust Co | 100,606 | $95.4K | 0.0% | No change |
| Elevation Point Wealth Partners, LLC | 100,000 | $94.8K | 0.0% | No change |
| BlackRock, Inc. | 86,196 | $81.7K | 0.0% | +22,744 |
| Citadel Advisors LLC | 48,669 | $46.1K | 0.0% | New |
| Northern Trust Corp | 39,094 | $37.1K | 0.0% | +9,964 |
| Vanguard Global Advisers, LLC | 9,831 | $9.3K | 0.0% | No change |
| Tower Research Capital LLC (TRC) | 6,382 | $6.0K | 0.0% | +3,729 |
| UBS Group AG | 707 | $670 | 0.0% | +615 |
| Barclays PLC | 560 | $531 | 0.0% | New |
| Citigroup Inc | 22 | $21 | 0.0% | +21 |
| Hrt Financial LP | 10,068 | $9 | 0.0% | New |
| Provenance Wealth Advisors, LLC | 1 | $1 | 0.0% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How GIFTIFY, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARGIFTIFY, INC.1
- CIK0001760233
- Employer ID (EIN)45-24829743
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inDelaware3
- Fiscal year endsDecember 311
- Industry code (SIC)5961 Retail-Catalog & Mail-Order Houses1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address1100 E Woodfield Road, Suite 510, Schaumburg, IL 601721
- Phone630-948-07161
- Shares outstanding35,425,176 as of Jul 31, 20269
- Public float$28.0M as of Jun 30, 20253
- AuditorWeinberg & Company, P.A., Los Angeles, California PCAOB ID 5723
- On EDGAR sinceNov 28, 20181
- Filings146 in all: 4 (25), 8-K (25), 144 (15), 10-Q (14), 3 (7), CORRESP (6), UPLOAD (5), 1-A/A (4)1
All 39 form types
10-K (4), 424B5 (4), 4/A (3), 1-K (2), 10-K/A (2), 144/A (2), 253G2 (2), PRE 14A (2), QUALIF (2), 1-A (1), 1-A POS (1), 1-SA (1), 10-12G (1), 5 (1), 8-A12B (1), 8-K/A (1), CERT (1), D (1), DEF 14A (1), DEF 14C (1), EFFECT (1), NT 10-K (1), NT 10-Q (1), PRE 14C (1), RW (1), S-1 (1), S-1/A (1), S-3 (1), S-3/A (1), SC 13G (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (10-K) Mar 18, 2026
Quarterly report (10-Q) Aug 3, 2026
Proxy statement (DEF 14A) Sep 2, 2025
Latest 8-K (8-K) Aug 7, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock | GIFT | Nasdaq |
From the cover page of the 10-K filed Mar 18, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks GIFTIFY, INC. names in Item 1A of its 10-K filed Mar 18, 2026: 52 risks under these headings, as written.3
- Risks Related to Our Company and Our Business
- There is substantial doubt about our ability to continue as a going concern. We have a history of annual net losses which may continue, and which may negatively impact our ability to achieve our business objectives.
- If CardCash is not able to maintain profitability over the next few years, our shareholders will have experienced unnecessary dilution, and our ability to achieve our business plan could be significantly delayed or threatened.
- If our restaurants and other merchants do not meet the needs and expectations of our customers, our business could suffer.
- We may be subject to additional unexpected regulation which could increase our costs or otherwise harm our business.
- The implementation of the CARD Act and similar state laws may harm our business and results of operations.
- If we are required to materially increase the estimated liability recorded in our financial statements with respect to unredeemed discounts and Discount Dining Passes, our net income could be materially and adversely affected.
- Government regulation of the internet and e-commerce is evolving, and unfavorable changes or failure by us to comply with these regulations could substantially harm our business and results of operations.
- Failure to comply with federal and state privacy laws and regulations, or the expansion of current or the enactment of new privacy laws or regulations, could adversely affect our business.
- We may suffer liability as a result of information retrieved from or transmitted over the internet and claims related to our service offerings.
- Our business depends on maintaining and scaling the network infrastructure required to operate our websites and applications, and any significant disruption to service could result in a loss of customers or merchants.
- Our business depends on the development and maintenance of the internet infrastructure.
The other 41 risks
- Our total number of customers may be higher than the number of our actual individual customers and may not be representative of the number of persons who are active potential customers.
- Our business may be subject to seasonal sales fluctuations which could result in volatility or have an adverse effect on the market price of our common stock.
- We depend on the continued growth of online commerce.
- Failure to deal effectively with fraudulent transactions and subscriber disputes would increase our loss rate and harm our business.
- We are subject to payments-related risks.
- Federal laws and regulations, such as the Bank Secrecy Act and the USA PATRIOT Act and similar foreign laws, could be expanded to include discount certificates and Discount Dining Passes.
- State laws regulating money transmission could be expanded to include our discount certificates and Discount Dining Passes.
- Current uncertainty in global economic conditions could adversely affect our revenue and business.
- Downturns in general economic and market conditions and reductions in spending may reduce demand for our digital dining products.
- Our ability to raise capital in the future may be limited, and our failure to raise capital when needed could prevent us from growing.
- We intend to make acquisitions that could disrupt our operations and adversely impact our business and operating results.
- If the products that we offer on our online marketplaces do not reflect our customers’ tastes and preferences, our sales and profit margins would decrease.
- Our expansion plans cannot be implemented if we lose key personnel or are unable to recruit additional personnel.
- To obtain future revenue growth and achieve and sustain profitability, we will have to attract and retain customers on cost-effective terms.
- We rely upon search engines like Google, Bing and Yahoo to rank our product offerings and may at times be subject to changes in search algorithms and ranking penalties if they believe we are not in compliance with their guidelines.
- More individuals are using mobile devices to access the internet and versions of our service developed or optimized for these devices may not gain widespread adoption by users of such devices.
- We rely on third-party systems to conduct our business, and our revenues and market share may decline if these systems are unavailable in the future or no longer perform at a satisfactory level.
- We are subject to cyber security risks and risks of data loss or other security breaches.
- We may not be able to compete successfully against existing or future competitors including larger, well-established and well-financed e-commerce companies and restaurants and merchants increasing their own online operations.
- Our competitors may directly increase our marketing costs and also may cause us to decrease certain types of marketing.
- Our business depends on effective marketing, including marketing via email and social networking messaging, and we intend to increase our spending on marketing and branding, which may adversely affect our financial results.
- Our operating results depend on our websites, network infrastructure and transaction-processing systems. Capacity constraints or system failures would harm our business, prospects, financial condition and results of operations.
- If we do not keep pace with rapid technological change, our services could become obsolete and we could lose customers.
- Use of social media may adversely impact our reputation.
- We may experience unexpected expenses or delays in service enhancements if we are unable to license third-party technology on commercially reasonable terms.
- If we fail to forecast our revenue accurately due to lengthy sales cycles, or if we fail to match our expenditures with corresponding revenue, our operating results could be adversely affected.
- We could be subject to additional sales tax or other tax liabilities.
- If we do not begin generating significant revenue, we will still need to raise additional capital to meet our long-term business requirements. Any such capital raising may be costly or difficult to obtain and would likely dilute current stockholders’ ownership interests. If we are unable to secure additional financing in the future, we will not be able to continue as a going concern.
- Our insurance coverage and indemnity rights may not adequately protect us against loss.
- Our operating results may vary significantly from quarter to quarter.
- If we fail to retain our existing customers or acquire new customers, our operating results and business will be harmed.
- Our future success depends upon our ability to attract and retain high-quality merchants and third-party business partners.
- Risks Related to Our Common Stock
- Our securities are “Penny Stock” and subject to specific rules governing their sale to investors.
- There is limited recent trading activity in our common stock and there is no assurance that an active market will develop in the future.
- Our second amended and restated bylaws designate specific courts as the exclusive forum for certain litigation that may be initiated by our stockholders, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us.
- If we fail to maintain an effective system of internal controls, we may not be able to accurately report our financial results or detect fraud. Consequently, investors could lose confidence in our financial reporting and this may decrease the trading price of our stock.
- The price of our common stock may become volatile, which could lead to investor losses and costly securities litigation.
- Investors may experience dilution of their ownership interests due to future issuances of additional shares of our common stock.
- Our common stock is controlled by insiders.
- The market price of our common stock may fluctuate, and you could lose all or part of your investment.
- As a smaller reporting company, we are subject to scaled disclosure requirements that may make it more challenging for investors to analyze our results of operations and financial prospects.
Legal proceedings
From time to time, the Company may be named in claims arising in the ordinary course of business. Currently, there are no such legal proceedings that are pending against the Company or that involve the Company that, in the opinion of management, could reasonably be expected to have a material adverse effect on the Company’s business or financial condition.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARGIFTIFY, INC. filings on SEC EDGAR
- 2SEC EDGARGIFTIFY, INC. filings on SEC EDGAR
- 3
- 4SEC EDGARGIFTIFY, INC. 10-K for fiscal 2025
- 5SEC EDGARGIFTIFY, INC. 10-K for fiscal 2021
- 6SEC EDGARGIFTIFY, INC. 10-K for fiscal 2023
- 7SEC EDGARGIFTIFY, INC. 10-K for fiscal 2022
- 8SEC EDGARGIFTIFY, INC. 10-Q for fiscal 2026
- 9SEC EDGARGIFTIFY, INC. 10-Q for fiscal 2026
- 10SEC EDGARElliot Bohm, Chief executive officer
- 11
- 12
- 13SEC EDGARBalazs Wellisch, CTO
- 14SEC EDGARPaul K. Danner, Board member
- 15SEC EDGARBalazs Wellisch, Board member
- 16SEC EDGARListing notice or transfer
- 17SEC EDGARListing notice or transfer
- 18SEC EDGARListing notice or transfer
- 19SEC EDGARShareholder vote
- 20SEC EDGARExecutive or director change
- 21SEC EDGAREntered a material agreement
- 22SEC EDGAREntered a material agreement
- 23SEC EDGAREntered a material agreement
- 24
- 25SEC EDGAREntered a material agreement
- 26SEC EDGAREntered a material agreement
- 27
- 28NasdaqNasdaq calendar
- 29
- 30
- 31