GivBux Reports Revenue Decline but Achieves Net Gain in Q3 2025

GivBux, Inc. reported a significant decline in revenue for the third quarter of 2025, generating $89,988 compared to $257,920 in the same period of 2024. The company's gross profit also decreased to $54,224 from $115,718 year-over-year. This decline in revenue is attributed to a reduction in sales promotions following a robust beta testing campaign in the previous quarter. Operating expenses surged to $511,222, up from $250,520 in the prior year, primarily due to increased legal fees associated with a strategic partnership agreement that could potentially secure up to $11 million in funding.

The company experienced a net gain of $3,339,513 for the quarter, a notable turnaround from a net loss of $224,406 in the same period last year. This gain was largely driven by a change in the fair value of derivative liabilities, which resulted in a gain of $4,242,649, compared to a mere $48,200 in the previous year. Interest expenses also rose significantly to $446,138 from $137,804, reflecting the company's increased reliance on debt financing.

GivBux's total assets increased to $208,696,000 as of September 30, 2025, up from $23,137,000 at the end of 2024. This growth was primarily due to a substantial rise in cash reserves, which reached $82,383, compared to $18,374 at the end of the previous fiscal year. However, the company’s liabilities also escalated, with total current liabilities amounting to $5,602,227, up from $3,132,468. The increase in liabilities was driven by higher accounts payable and accrued liabilities, as well as the issuance of convertible notes.

In terms of operational metrics, GivBux's employee headcount and customer engagement statistics were not disclosed in the filing. However, the company indicated plans for geographic expansion and product adoption, although specific details were not provided. The management expressed intentions to raise additional operating funds through equity and debt offerings, but acknowledged the uncertainty surrounding the success of these efforts. The company’s accumulated deficit has now reached $33,393,365, raising concerns about its ability to continue as a going concern without securing further financing.

Looking ahead, GivBux is focused on enhancing its internal controls and financial reporting processes, as it has identified material weaknesses in its internal control over financial reporting. The management is taking steps to address these issues, including hiring additional accounting personnel and engaging external consultants. The company remains committed to improving its operational efficiency and financial stability as it navigates the challenges of being a public entity.