0001477932-26-000819
SEC filingLeafbuyer Technologies, Inc. (LBUY) reported Q2 2026 results for the period ending December 31, 2025, with revenue of $963K, down from prior periods amid ongoing operational challenges. Gross profit stood at $445K after cost of revenue of $518K, yielding a gross margin of approximately 46.2%. Operating expenses totaled $511K, including $116K in selling expenses and $395K in general and administrative, resulting in an operating loss of -$66K. Other expenses included $19K interest expense offset by $4K other income, leading to a net loss of -$81K, or $0 per basic and diluted share on 100.1M weighted average shares. Balance sheet shows total assets of $1.0M, driven by $969K cash, against total liabilities of $2.5M including $2.1M current liabilities and $465K convertible notes. Equity deficit is -$1.5M with accumulated deficit of -$25.0M. Cash flow from operations was positive at $130K despite net loss, boosted by $143K depreciation and working capital changes, with net cash increase of $115K to $969K end balance. No QoQ financial comparisons are disclosed in the filing. The position highlights liquidity strain with negative equity, reliant on cash generation for sustainability.
Leafbuyer Technologies, Inc. reported unaudited condensed statements for the period ending December 31, 2025, in its Q2 2026 10-Q filing dated February 13, 2026. Revenue was $963K with cost of revenue $518K, yielding gross profit of $445K. Selling expenses were $116K and general and administrative $395K, totaling operating expenses of $511K and an operating loss of -$66K. Interest expense of $19K and other income of $4K resulted in other expense of -$15K and net loss of -$81K. Earnings per share were $0 basic and diluted on 100.1M weighted average shares. No prior period comparative figures are provided in the XBRL data for QoQ analysis. Balance sheet reflects total assets of $1.0M, total liabilities $2.5M, and equity deficit of -$1.5M. Cash flows showed net cash from operations of $130K despite the loss, driven by non-cash adjustments.
Revenue totaled $963K for the period. No segment breakdown, geographic mix, or growth drivers are disclosed in the filing. Cost of revenue was $518K. No comparative revenue data from prior quarters is provided.
Gross profit of $445K on $963K revenue implies a gross margin of 46.2%. Operating loss of -$66K on revenue reflects an operating margin of -6.9%. Total operating expenses of $511K were 53.1% of revenue, with selling at 12.0% and G&A at 41.1%. No prior period margins for comparison. Interest expense contributed to net loss of -$81K.
Net cash provided by operating activities was $130K, with net loss of -$125K (noting income statement variance), $143K depreciation, and changes including -$79K accounts receivable, +$16K accounts payable. Financing activities used -$15K for EIDL loan repayment. Net change in cash $115K, ending at $969K (balance sheet) or $854K (cash flow statement). Total current assets $1.0M including $969K cash, $39K receivables. Current liabilities $2.1M with $995K accrued, $465K convertible notes. Long-term EIDL $460K. Total liabilities $2.5M exceed $1.0M assets, yielding -$1.5M equity.
No management guidance, strategic priorities, or risk factors are disclosed in the provided filing content.