GivBux, Inc.

GBUX: 10-Q · periodic report

GivBux filed its 10-Q for the quarter ended June 30, 2026 on September 9, 2026, reporting revenue of $34,264 (down from $55,803 a year earlier) and a quarterly net loss of $548,094. The company held just $17,976 in cash against $5.17 million of total liabilities and a $5.07 million stockholders' deficit, and disclosed substantial doubt about its ability to continue as a going concern. Dilution is extreme: shares outstanding rose from 99,061,523 at December 31, 2025 to 174,150,989 at June 30, 2026, then to 476,022,153 by September 8, 2026 after 301,871,164 shares were issued in July and August 2026 to settle convertible note conversions. The company discloses that outstanding convertible notes could convert into up to 1,869,831,582 additional shares, many at 25-80% discounts to market prices. Credit stress is mounting: 24 convertible notes with an unpaid balance of $1,116,299 were in default at June 30, 2026, and in August 2026 the company confirmed $133,700 in aggregate forbearance fees to noteholders. On August 27, 2026 it entered a new $322,000 convertible note (default-only conversion at 102% of the lowest 20-day price) plus 25,000,000 pre-founded warrants exercisable at $0.00000000001 per share. Management disclosed material weaknesses in internal control — no audit committee, no segregation of duties, and management-override risk — concluded disclosure controls were not effective, and reversed a $37,958 prior-year interest error. The company plans to relaunch an AI-enabled version of its GivBux Super App on September 30, 2026, but has only $61,600 of deferred offering costs toward a proposed public offering to fund operations.

SEC 10-Q•1mo ago

GBUX: NT 10-Q · late filing

GivBux, Inc. filed a Form 12b-25 notification (NT 10-Q) on August 14, 2026, telling the SEC it cannot file its quarterly report for the period ended June 30, 2026 by the prescribed deadline. The company attributed the delay to needing additional time for compilation and review to ensure adequate disclosure of certain information, and stated it fully expects to file within the additional five calendar days allowed for a Form 10-Q. President Umesh Singh signed the notification, which checked 'No' on whether a significant change in results of operations versus the prior-year period is anticipated. Even with an administrative-sounding explanation, a late 10-Q is a caution signal on disclosure controls and internal reporting timelines for this micro-cap issuer.

SEC NT 10-Q•2mo ago

GBUX: 10-Q · periodic report

GivBux, Inc. reported a net loss of $207,076 for the quarter ended March 31, 2026, driven by operating expenses of $468,577 that far exceeded revenue of $55,906. The company holds only $18,430 in cash against $5.0 million in current liabilities, resulting in a working capital deficit of approximately $4.9 million. The filing includes explicit going-concern language, stating there is substantial doubt about the company's ability to continue as a going concern. Management intends to raise additional funds through equity or debt offerings but provides no assurance of success, noting that failure to secure capital may require curtailing or ceasing operations. The company disclosed material weaknesses in internal controls, including a lack of an audit committee and ineffective segregation of duties. Additionally, the company's S-1 registration statement remains delayed due to SEC comments requiring a redo of 2023 financials because the previous accounting firm received a license suspension.

SEC 10-Q•5mo ago