$LBUY
Leafbuyer Technologies Inc

2023 Q1 Form 10-Q Financial Statement

#000147793223001023 Filed on February 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4
Revenue $1.286M $1.342M
YoY Change 30.7% 45.24%
Cost Of Revenue $769.7K $625.6K
YoY Change 11.34% -5.51%
Gross Profit $516.4K $718.1K
YoY Change 76.45% 174.34%
Gross Profit Margin 40.15% 53.52%
Selling, General & Admin $332.3K $324.5K
YoY Change 4.22% -10.11%
% of Gross Profit 64.35% 45.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $181.1K $181.1K
YoY Change 0.0% 0.0%
% of Gross Profit 35.07% 25.22%
Operating Expenses $651.5K $579.1K
YoY Change 26.89% -22.86%
Operating Profit -$135.1K $136.2K
YoY Change -38.81% -127.85%
Interest Expense $35.41K $44.11K
YoY Change -29.84% -104.98%
% of Operating Profit 32.39%
Other Income/Expense, Net $40.00 $3.380K
YoY Change
Pretax Income -$170.5K -$245.9K
YoY Change -37.16% -82.1%
Income Tax
% Of Pretax Income
Net Earnings -$170.5K $95.40K
YoY Change -37.16% -106.94%
Net Earnings / Revenue -13.25% 7.11%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 95.43M shares 94.85M shares
Diluted Shares Outstanding 145.7M shares

Balance Sheet

Concept 2023 Q1 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $434.9K $298.2K
YoY Change 1.28% -34.05%
Cash & Equivalents $434.9K $298.2K
Short-Term Investments
Other Short-Term Assets $27.38K $24.38K
YoY Change 17.71% 33.01%
Inventory
Prepaid Expenses
Receivables $65.01K $58.66K
Other Receivables $0.00 $0.00
Total Short-Term Assets $527.3K $381.3K
YoY Change 10.46% -27.48%
LONG-TERM ASSETS
Property, Plant & Equipment $1.406M $1.587M
YoY Change -34.0% -31.34%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00
YoY Change
Total Long-Term Assets $1.406M $1.587M
YoY Change -34.0% -31.34%
TOTAL ASSETS
Total Short-Term Assets $527.3K $381.3K
Total Long-Term Assets $1.406M $1.587M
Total Assets $1.933M $1.969M
YoY Change -25.86% -30.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $284.1K $198.8K
YoY Change -34.83% -41.51%
Accrued Expenses $1.127M $939.5K
YoY Change 13.38% -6.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.483M $1.584M
YoY Change -14.29% -8.42%
Total Short-Term Liabilities $2.901M $2.730M
YoY Change -9.34% -13.14%
LONG-TERM LIABILITIES
Long-Term Debt $485.4K $500.0K
YoY Change -2.92% 0.0%
Other Long-Term Liabilities $0.00 $0.00
YoY Change
Total Long-Term Liabilities $485.4K $500.0K
YoY Change -2.92% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.901M $2.730M
Total Long-Term Liabilities $485.4K $500.0K
Total Liabilities $3.386M $3.230M
YoY Change -8.48% -11.34%
SHAREHOLDERS EQUITY
Retained Earnings -$24.27M -$23.97M
YoY Change 3.3% 3.2%
Common Stock $95.43K $98.77K
YoY Change 3.78% 7.91%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.452M -$1.261M
YoY Change
Total Liabilities & Shareholders Equity $1.933M $1.969M
YoY Change -25.86% -30.62%

Cashflow Statement

Concept 2023 Q1 2022 Q4
OPERATING ACTIVITIES
Net Income -$170.5K $95.40K
YoY Change -37.16% -106.94%
Depreciation, Depletion And Amortization $181.1K $181.1K
YoY Change 0.0% 0.0%
Cash From Operating Activities $252.9K $110.2K
YoY Change -1208.51% -195.11%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities $0.00 $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -116.2K -37.31K
YoY Change
NET CHANGE
Cash From Operating Activities 252.9K 110.2K
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities -116.2K -37.31K
Net Change In Cash 136.7K 72.92K
YoY Change -699.21% -162.92%
FREE CASH FLOW
Cash From Operating Activities $252.9K $110.2K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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dei Entity File Number
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dei Entity Registrant Name
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LEAFBUYER TECHNOLOGIES, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
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dei Entity Address Address Line1
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6888 S. Clinton Street
dei Entity Address Address Line2
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Suite 300
dei Entity Address City Or Town
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Greenwood Village
dei Entity Address State Or Province
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CO
dei Entity Address Postal Zip Code
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dei City Area Code
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dei Local Phone Number
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235-0099
dei Entity Current Reporting Status
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dei Entity Filer Category
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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Management uses estimates and assumptions in preparing these condensed consolidated financial statements. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Examples of estimates include loss contingencies; useful lives of our tangible and intangible assets; allowances for doubtful accounts; and stock-based compensation forfeiture rates. Examples of assumptions include: the elements comprising a software arrangement, including the distinction between upgrades or enhancements and new products; when technological feasibility is achieved for our products; the potential outcome of future tax consequences of events that have been recognized in our financial statements or tax returns. Actual results could differ from those estimates.</p>
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4000000 usd
CY2022Q4 lbuy Remaining Principal Amount F0
RemainingPrincipalAmountF0
30000 usd
CY2019 lbuy Remaining Principal Amount
RemainingPrincipalAmount
214802 usd
CY2022Q4 lbuy Total Unpaid Principal Balance
TotalUnpaidPrincipalBalance
338726 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
94534 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
102777 usd
us-gaap Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
646985 usd
us-gaap Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
524035 usd
lbuy Weighted Average Interest Rate
WeightedAverageInterestRate
0.0646 pure
lbuy Weighted Average Interest Rate
WeightedAverageInterestRate
0.0513 pure
CY2022Q4 lbuy Less Current Portion Of Notes Payables
LessCurrentPortionOfNotesPayables
1591469 usd
CY2022Q2 lbuy Less Current Portion Of Notes Payables
LessCurrentPortionOfNotesPayables
1729802 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
500000 usd
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
500000 usd
lbuy Options Nonvested Beginning Balance
OptionsNonvestedBeginningBalance
13450170 shares
lbuy Weighted Average Grant Date Fair Falue Nonvested Beginning
WeightedAverageGrantDateFairFalueNonvestedBeginning
0.08
lbuy Weighted Average Grant Date Fair Falue Granted
WeightedAverageGrantDateFairFalueGranted
0.00
lbuy Weighted Average Grant Date Fair Falue Vested
WeightedAverageGrantDateFairFalueVested
0.00
lbuy Weighted Average Grant Date Fair Falue Forfeited
WeightedAverageGrantDateFairFalueForfeited
0.00
lbuy Options Nonvested Ending Balance
OptionsNonvestedEndingBalance
15950170 shares
lbuy Weighted Average Grant Date Fair Falue Nonvested Ending
WeightedAverageGrantDateFairFalueNonvestedEnding
0.05
CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
29119898 shares
CY2022Q4 lbuy Aggregate Intrinsic Value
AggregateIntrinsicValue
0 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
54403 usd

Files In Submission

Name View Source Status
0001477932-23-001023-index-headers.html Edgar Link pending
lbuy-20221231_cal.xml Edgar Link unprocessable
0001477932-23-001023-index.html Edgar Link pending
0001477932-23-001023.txt Edgar Link pending
0001477932-23-001023-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
lbuy-20221231.xsd Edgar Link pending
lbuy_10q.htm Edgar Link pending
lbuy_ex311.htm Edgar Link pending
lbuy_ex312.htm Edgar Link pending
lbuy_ex321.htm Edgar Link pending
lbuy_ex322.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
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R9.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
lbuy-20221231_def.xml Edgar Link unprocessable
lbuy-20221231_pre.xml Edgar Link unprocessable
lbuy-20221231_lab.xml Edgar Link unprocessable
lbuy_10q_htm.xml Edgar Link completed
report.css Edgar Link pending
Show.js Edgar Link pending