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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2026

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______________ to ______________

Commission file number: 333-206745

LEAFBUYER TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

Nevada

38-3944821

(State or other jurisdiction

of incorporation or organization)

(I.R.S. Employer

Identification No.)

6888 S. Clinton Street, Suite 300, Greenwood Village, CO 80112

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code (720)-235-0099

Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of Each Class	Trading Symbol(s)	Name of each exchange on which registered
None	None	None

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically, if any, every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the Company is a larger accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☒	Smaller reporting company	☒
		Emerging growth company	☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

The number of shares of outstanding of the Registrant’s Common Stock as of May 14, 2026 was 100,071,075

Table of Contents

PART I – FINANCIAL INFORMATION

Item 1.	Unaudited Interim Condensed Financial Statements	3
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	18
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	23
Item 4.	Controls and Procedures	23

PART II – OTHER INFORMATION

Item 1.	Legal Proceedings	24
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	24
Item 3.	Defaults Upon Senior Securities	24
Item 4.	Mine Safety Disclosures	24
Item 5.	Other Information	24
Item 6.	Exhibits	25
	SIGNATURES	26

Table of Contents

PART I – FINANCIAL INFORMATION

Item 1. Interim Condensed Financial Statements

The unaudited interim condensed financial statements of Leafbuyer Technologies, Inc. (“we”, “our”, “us”, the “Company”) follow. All currency references in this report are to US dollars unless otherwise noted.

PART I. Financial Information

Item 1. Financial Statements

LEAFBUYER TECHNOLOGIES INC.

UNAUDITED CONBALANCE SHEETSDENSED CONSOLDIATED

	(Unaudited) March 31, 2026			(Unaudited) June 30, 2025
ASSETS
Current assets:
Cash and cash equivalents	$	956,154		$	853,759
Accounts receivable (net of allowance for doubtful accounts of $127,346 and $90,151, respectively)		127,669			117,738
Prepaid expenses and other current assets		20,733			14,140
Total current assets		1,104,556			985,637
Intangible assets, net		-			143,332
Other assets		1,000			1,000
Total assets	$	1,105,556		$	1,129,969

LIABILITIES AND EQUITY (DEFICIT)
Current liabilities:
Accounts payable	$	103,751		$	105,269
Accrued liabilities		974,617			973,438
Deferred revenue		9,821			26,758
Notes payable		429,000			429,000
Notes payable to bank – EIDL loan		29,244			29,244
Convertible notes payable		464,802			464,802
Total current liabilities		2,011,235			2,028,511
Notes payable to bank – EIDL loan, net of current portion		452,854			474,787
Total liabilities		2,464,089			2,503,298

Commitments and contingencies (Note 10)

Equity:
Convertible Preferred Stock Series A, $0.001 par value; 324,325 designated; 324,325 and 324,325 shares issued and outstanding at March 31, 2026 and June 30, 2025, respectively		324			324
Convertible Preferred Stock, $0.001 par value; 10,000,000 shares authorized Convertible Preferred Stock Series B, $0.001 par value; 27,027 designated; 7,568 and 7,568 shares issued and outstanding at March 31, 2026 and June 30, 2025, respectively		8			8
Common stock, $0.001 par value; 700,000,000 shares authorized; 100,071,075 shares issued and outstanding at March 31, 2026 and 100,071,075 shares issued and outstanding at June 30, 2025		100,070			100,070
Additional paid in capital		23,410,726			23,410,726
Accumulated deficit		(24,869,661	)		(24,884,457	)
Total equity (deficit)		(1,358,533	)		(1,373,329	)
Total liabilities and equity	$	1,105,556		$	1,129,969

See accompanying notes to unaudited condensed consolidated financial statements.

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LEAFBUYER TECHNOLOGIES INC.

UNAUDITED CONDENSED STATEMENTS OF OPERATIONS

	(Unaudited) Three months Ended March 31,						(Unaudited) Nine months Ended March 31,
	2026			2025			2026			2025

Revenue	$	1,128,797		$	1,728,744		$	3,064,800		$	5,055,344
Cost of revenue		523,344			917,875			1,519,996			2,740,996
Gross profit		605,453			810,869			1,544,804			2,314,348

Operating expenses:
Selling expenses		145,451			182,835			370,267			539,358
General and administrative		335,618			376,128			1,144,479			1,393,929
Total operating expenses		481,069			558,963			1,514,746			1,933,287

Income (loss) from operations		124,384			251,906			30,058			381,061

Other income (expense):
Interest expense		(18,941	)		(18,049	)		(56,823	)		(61,605	)
Other Income		33,976			1,297			41,561			2,015
Other income / (expense)		15,035			(16,752	)		(15,262	)		(59,590	)

Net (loss) income	$	139,419		$	235,154		$	14,796		$	321,471

Earnings (loss) per common share:
Basic and diluted	$	-		$	-		$	-		$	-

Weighted average common shares outstanding:
Basic and diluted		100,071,075			100,071,075			100,071,075			100,071,075

See accompanying notes to unaudited condensed consolidated financial statements.

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LEAFBUYER TECHNOLOGIES, INC.

UNAUDITED CONDENSED STATEMENTS OF STOCKHOLDERS’ DEFICIT

	Preferred Stock A				Preferred Stock B				Common Stock
	# of Shares		Amount		# of Shares		Amount		# of Shares		Amount		APIC		Acc Deficit			Total

Balance at, June 30, 2024		324,325		324		7,567	$	8		100,071,075	$	100,070	$	23,363,192	$	(25,145,132	)	$	(1,681,538	)
Stock based compensation for employees		-		-						-		-		47,534					47,534
Net Income		-		-		-		-		-		-		-		321,471			321,471
Balance at. March 31, 2025 (unaudited)		324,325		324		7,567	$	8		100,071,075	$	100,070	$	23,410,726	$	(24,823,658	)	$	(1,312,530	)

Balance at, June 30, 2025		324,325		324		7,567	$	8		100,071,075	$	100,070	$	23,410,726	$	(24,884,457	)	$	(1,373,329	)
Net Income		-		-		-		-		-		-		-		14,796			14,796
Balance at, March 31, 2026 (Unaudited)		324,325		324		7,567	$	8		100,071,075	$	100,070	$	23,410,726	$	(24,869,661	)	$	(1,358,533	)

	Preferred Stock A				Preferred Stock B				Common Stock
	# of Shares		Amount		# of Shares		Amount		# of Shares		Amount		APIC		Acc Deficit			Total

Balance at, December 31, 2024 (unaudited)		324,325		324		7,567	$	8		100,071,075	$	100,070	$	23,400,226	$	(25,058,812	)	$	(1,558,184	)
Stock based compensation for employees		-		-						-		-		10,500					10,500
Net Income		-		-		-		-		-		-		-		235,154			235,154
Balance at. March 31, 2025 (unaudited)		324,325		324		7,567	$	8		100,071,075	$	100,070	$	23,410,726	$	(24,823,658	)	$	(1,312,530	)

Balance at, December 31, 2025 (unaudited)		324,325		324		7,567	$	8		100,071,075	$	100,070	$	23,410,726	$	(25,009,080	)	$	(1,417,312	)
Net Income		-		-		-		-		-		-		-		139,419			139,419
Balance at, March 31, 2026 (Unaudited)		324,325		324		7,567	$	8		100,071,075	$	100,070	$	23,410,726	$	(24,869,661	)	$	(1,358,533	)

See accompanying notes to unaudited condensed consolidated financial statements.

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LEAFBUYER TECHNOLOGIES, INC.

UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS

	(Unaudited) Nine months ended March 31,
	2026			2025
Cash flows from operating activities:
Net income (loss)	$	14,796		$	321,471
Adjustments to reconcile net income (loss) to net cash used in operating activities
Stock based compensation		-			47,534
Depreciation and amortization expense		143,333			351,844
Changes in assets and liabilities:
Accounts receivable		(9,931	)		(170,658	)
Prepaid expenses and other		(6,593	)		2,937
Accounts payable		(1,518	)		(63,448	)
Accrued liabilities		1,178			97,765
Deferred revenue		(16,937	)		2,178
Net cash provided by (used in) operating activities		124,328			589,623

Cash flows from financing activities:
Repayments on notes payable to related parties		-			(137,817	)
Repayments on note payable to bank under EIDL loan		(21,933	)		(21,933	)
Net cash provided by (used in) financing activities		(21,933	)		(159,750	)

Net change in cash and cash equivalents		102,395			429,873

Cash and cash equivalents, beginning of period		853,759			165,332

Cash and cash equivalents, end of period	$	956,154		$	595,205

SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest	$	-		$	-
Cash paid for taxes	$	-		$	-

See accompanying notes to unaudited condensed consolidated financial statements.

Table of Contents

LEAFBUYER TECHNOLOGIES INC.

Notes to Unaudited Condensed Financial Statements

Note 1 — Description of Business

Description of Business

The Company was founded in 2012 by a group of technology and industry veterans and provides online resources for cannabis deals and specials. Our headquarters is located in Greenwood Village, Colorado.

The Company has evolved and grown as a listing website to a comprehensive marketing technology platform. Our clients, medical and recreational dispensaries in legalized cannabis states, along with cannabis product companies subscribe to our technology platform to assist in new customer acquisition and provide retention tools that include texting/loyalty and order ahead technology.

Basis of Presentation

The accompanying condensed balance sheet as of March 31, 2026, has been derived from audited financial statements. The accompanying unaudited interim condensed financial statements have been prepared on the same basis as the annual financial statements being audited and in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial statements. In the opinion of management, such unaudited information includes all adjustments (consisting only of normal recurring accruals) necessary for a fair presentation of this interim information. All intercompany transactions have been eliminated in consolidation. Operating results and cash flows for interim periods are not necessarily indicative of results that can be expected for the entire year. The Company uses the same accounting policies in preparing quarterly and annual financial statements. Certain information and footnote disclosures normally included in the annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been condensed or omitted. The information included in this report should be read in conjunction with our audited financial statements and notes thereto.

Going Concern

As of March 31, 2026, we had $956,154 in cash and cash equivalents and a working capital deficit of $906,679. We are dependent on funds raised through equity financing. Our accumulated deficit through March 31, 2026 of $24,869,661 was funded by debt and equity financing and we reported a net income of $14,796 for the nine months ended March 31, 2026. Accordingly, there is substantial doubt about our ability to continue as a going concern within one year after the date the financial statements are issued.

Our ability to continue as a going concern is dependent upon our generating profitable operations in the future and / or obtaining the necessary financing to meet our obligations and repay our liabilities arising from normal business operations when they come due. Management believes that actions presently being taken to further implement our business plan for the expansion of products, geographical locations we sell our services and deeper market penetration will generate additional revenues and eventually positive cash flow and provide opportunity for the Company to continue as a going concern. While we believe in the viability of our strategy to generate additional revenues and our ability to raise additional funds, there can be no assurances to that effect.

Note 2 — Summary of Significant Accounting Policies

Principles of Consolidation

The condensed financial statements include the accounts of the Company and its wholly owned subsidiary, LB Media. All significant inter-company transactions and balances have been eliminated in consolidation.

For a detailed discussion about the Company’s significant accounting policies, refer to Note 2 “Summary of Significant Accounting Policies,” in the Company’s financial statements included in the Company’s June 30, 2025 Form 10-K. During the nine months ended March 31, 2026, there were no significant changes made to the Company’s significant accounting policies.

Table of Contents

Use of Estimates

Management uses estimates and assumptions in preparing these condensed 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 materially differ from those estimates.

Earnings (Loss) per Share

Basic loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding during the reporting period. Diluted loss per share is computed similarly to basic loss per share, except that it includes the potential dilution that could occur if dilutive securities are exercised. Dilutive instruments had no effect on the calculation of earnings or loss per share during the quarter ended March 31, 2026.

Accounts Receivable and Allowance for Doubtful Accounts:

Accounts Receivable from services are short-term nature of the Company’s receivables, where payment terms are typically 30 days. Receivables more than 90 days past due are considered delinquent. Delinquent receivables are evaluated and may be written off based on individual credit evaluation and specific circumstances of the customer.

The Company’s allowance for credit losses considers historical experience, the age of certain receivable balances, credit history, current economic conditions and other factors that may affect the counterparty’s ability to pay. At each balance sheet date, all potentially uncollectable accounts are assessed individually for the purpose of determining the appropriate provision for doubtful accounts. Management has elected to use a credit risk-based, pool-level segmentation framework to calculate the expected loss rate. Management evaluates its experience with historical losses and then applies the historical loss ratio or its determination of risk pools may be adjusted for changes in customer, economic, market, or other circumstances. The Company may also establish an allowance for credit losses for specific receivables when it is probable that the receivable will not be collected, and the loss can be reasonably estimated. Amounts are written off against the allowance when they are considered to be collectible, and reversals of previously reserved amounts are recognized if a specifically reserved item is settled for an amount exceeding the previous estimate. Balances that are still outstanding after management has made reasonable collection efforts are written off through a charge to the valuation allowance and a credit to contract receivables. The Company’s allowance for doubtful accounts was $127,346 as of March 31, 2026and $165,346 as of June 30, 2025. As of March 31, 2026 and June 30, 2025, the Company has not incurred any material credit losses.

Intangible Assets

Intangible assets represent software costs were capitalized at the time of acquisition and implementation and enhancement costs during the first 2 year and are depreciated on a straight-line basis over their estimated useful lives of five to seven years.

Intangible Assets - Capitalized Product Development Costs

Accounting Standards Codification (“ASC”) Topic 350, “Intangibles - Goodwill and Other” includes software that is part of a product or process to be sold to a customer and shall be accounted for under Subtopic 985-20. Our products contain embedded software internally developed by FTI, which is an integral part of these products because it allows the various components of the products to communicate with each other and the products are clearly unable to function without this coding.

The costs of product development that are capitalized once technological feasibility is determined (noted as Technology in progress in the Intangible Assets table, in Note 2 to Notes to Consolidated Financial Statements) include certifications, licenses, payroll, employee benefits, and other headcount-related expenses associated with product development. We determine that technological feasibility for our products is reached after all high-risk development issues have been resolved. Once the products are available for general release to our customers, we cease capitalizing the product development costs and any additional costs, if any, are expensed. The capitalized product development costs are amortized on a product-by-product basis using the straight-line amortization. The amortization begins when the products are available for general release to our customers.

As of March 31, 2026 and June 30, 2025, capitalized product development costs in progress were $0, respectively. For the periods ending March 31, 2026 and June 30, 2025, we incurred $0 and $0, respectively in capitalized product development costs, and all costs incurred before technological feasibility is reached are expensed and included in our consolidated statements of comprehensive income (loss).

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Revenue Recognition

The Company recognizes revenue in accordance with Accounting Standards Codification, or ASC, 606, the core principle of which is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to receive in exchange for those goods or services. To achieve this core principle, five basic criteria must be met before revenue can be recognized: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to performance obligations in the contract; and (5) recognize revenue when or as the Company satisfies a performance obligation.

The Company recognizes revenue from each customer contract to provide access to the technology platform for a certain period of time (typically monthly) on dates determined by the customer per order requests received by the Company.

Deferred Revenue represents an obligation to provide access to our technology platform to a customer for consideration we have already received from the customer but not yet earned by the Company.

Deferred Revenue as of June 30, 2025	$	26,758
Revenue earned	$	(16,937	)
Customer payments received	$	-
Deferred Revenue as of March 31, 2026	$	9,821

Accounting Pronouncements – Current Adoption

In June 2016, the FASB issued Accounting Standards Update (“ASU”), Financial Instruments—Credit Losses (Topic 326) Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”), which introduces new guidance for the accounting for credit losses on instruments within its scope. The new guidance introduces an approach based on expected losses to estimate credit losses on certain types of financial instruments. It also modifies the impairment model for available-for-sale (AFS) debt securities and provides for a simplified accounting model for purchased financial assets with credit deterioration since their origination. As of January 1, 2023, the Company adopted ASU 2016-13. ASU 2016-13 replaces the existing incurred loss impairment model with an expected loss methodology, which will result in more timely recognition of credit losses. The adoption of this standard did not result in any material adjustment to the Company’s financial statements.

In August 2020, the FASB issued ASU 2020-06, (Debt-Debt with Conversion and other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s own Equity (Subtopic 815-40)). ASU 2020-06 requires entities to provide expanded disclosures about the terms and features of convertible instruments and reduces the number of accounting models for convertible instruments and allows more contracts to qualify for equity classification. The pronouncement is effective for public business entities that are SEC filers in fiscal years beginning after December 15, 2023, including interim periods within those fiscal years The adoption of this standard did not result in any material adjustment to the Company’s financial statements.

Recently Issued Accounting Pronouncements

No other recent accounting pronouncements were issued by FASB and the SEC that are believed by management to have a material impact on the Company’s present or future condensed financial statements.

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Note 3 — Intangible Assets

Intangible assets consisted of the following:

	March 31, 2026			June 30, 2025

Software platform	$	4,482,225		$	4,482,225
Less accumulated amortization		(4,482,225	)		(4,338,892	)
Total intangible assets, net	$	-		$	143,333

Amortization expense, recorded as cost of revenue, related to internal use software totaled $143,333 and $241,003 for the nine months ended March 31, 2026 and 2024, respectively.

Amortization expenses for the future years are as follows:

Year ended June 30, 2026	Amount
2026	$	-
		-
Total Unamortized Expense	$	-

Note 4 — Capital Stock and Equity Transactions

The Company has 700,000,000 shares of common stock authorized with a par value of $0.001 per share as of March 31, 2026. On August 13, 2021 the Company filed Articles of Amendment to Amended and Restated Articles of Incorporation with the State of Nevada increasing the number of common shares from 150,000,000 to 700,000,000.

In addition, the Company has 10,000,000 preferred stock authorized with a par value of $0.001 per share as of March 31, 2026.

Effective October 13, 2021, the Company executed and filed with the State of Nevada a Certificate of Designation of Preferred Stock of the Corporation fixing the designations, power, preferences, and rights of the shares. The total of 324,325 shares of preferred stock series A with a par value of $0.001 per share, of the Corporation are herby designated as Series A Super Voting Preferred Stock. These shares are not entitled to receive dividends and shall not be entitled to any liquidation preference. Further the holders shall have no conversion rights and the holders shall have the right to vote in an amount equal to 600 votes per share of Series A Preferred Stock.

The 7,567 shares of Series B Convertible Preferred Stock are convertible into 1,120,064 shares of common stock.

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Note 5 — Notes Payable to Related Parties

Notes payable to related parties consisted of the following:

	March 31, 2026		June 30, 2025
*March 2020* – Total loan of $600,000 with interest rate at 12% per annum due in December 2020, currently due upon demand.	$	-	$	100,000
*April 2020* – Total loan of $50,000 with interest rate at 12% per annum due in January 2021, currently due upon demand.		-		7,817
*March 2024* – Total loan of $65,000 with interest rate at 12% per annum due in May 2024.		-		30,000
Total notes payable to related parties		-		137,817
Less current portion of notes payable to related parties		-		(137,817	)
Notes payable to related parties, less current portion	$	-	$	-

	·	March 2020 - $600,000

		During the year ended June 30, 2020, the Company entered into a promissory note with a related party with a face value of $600,000 in exchange for a total of $565,000 cash payments with interest rate at 12% per annum due in December 2020. The total discount of the note was amortized over the life of the note and recorded as an interest expense which matured on December 1, 2020. In January 2021, the Company repaid $300,000 and in July 2022 the Company repaid $100,000 of the note balance. The note was in default and due upon demand and the interest rate was increased to 12% as of June 30, 2024 and the outstanding loan amount of $100,000 was paid in full on September 17, 2024. As of March 31, 2026 and June 30, 2025, the total unpaid and accrued interest was $16,379 and is recorded in accrued liabilities.

	·	April 2020 - $50,000

		During the year ended June 30, 2020, the Company entered into a promissory note with a related party with a face value of $50,000 with interest rate at 10% per annum due in December 2020. In January 2021, the Company repaid $25,000 and in July 2022 repaid $17,183 of the note balance. The note was in default and the interest rate increased to 12% as of June 30, 2024 and the outstanding loan amount of $7,817 was paid in full on September 17, 2024. As of March 31, 2026 and June 30, 2025, the total unpaid and accrued interest was $2,373 and is recorded in accrued liabilities.
	·	March 2024 - $65,000

		During the quarter ended March 31, 2024, the Company entered into two promissory notes with related parties with a total value of $65,000 with interest rate at 12% per annum due in May 2024. During the year ended June 30, 2024, the Company paid $35,000 and the outstanding loan amount of $30,000 was paid on September 17, 2024. As of March 31, 2026 and June 30, 2025, the total unpaid and accrued interest was $3,792 and is recorded in accrued liabilities.

	Total interest expense on notes payable to related parties was zero for the nine months ended March 31, 2026 and $2,613 for the nine months ended March 31, 2025.

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Note 6 — Notes Payable

Notes payable consisted of the following:

	March 31, 2026			June 30, 2025
*November and December 2017* – Total loan of $350,000 with no interest rate with maturity date of November and December 2018, currently the note is due upon demand.	$	150,000		$	150,000
*February 2018* – Total loan of $150,000 with interest rate at 12% per annum with maturity date of August 2018, currently the note is due upon demand.		279,000			350,000
Total notes payable		429,000			500,000
Less current portion of notes payable		(429,000	)		(500,000	)
Notes payable, less current portion	$	-		$	-

	·	November and December 2017 - $350,000

		During the year ended June 30, 2018, the Company entered two promissory notes with an investor of the Company in the total amount of $350,000 with no interest rate due in November and December 2018. These notes are considered payable upon demand as of March 31, 2026 and June 30, 2025.

	·	February 2018 - $150,000

		During the year ended June 30, 2018, the Company issued a promissory note with an investor of the Company in the amount of $150,000 in exchange for $132,000 cash with an interest rate of 12% per annum. The loan maturity date was extended to August 8, 2019, the discount was fully amortized as of March 31, 2026. As of March 31, 2026 and June 30, 2025, the total unpaid and accrued interest was $128,404 and $114,904, respectively, and is recorded in accrued liabilities.

	Total interest expense on notes payable was $13,500 and $13,500 for the nine months ending March 31, 2026 and 2025.

Note 7 — Notes Payable to Bank – EIDL Loan

Notes payable to bank – EIDL loan consisted of the following:

	March 31, 2026		June 30, 2025
3.75% SBA EIDL Note Payable		482,098		504,031
Less current portion of notes payable to bank – EIDL loan		29,244		-
Notes payable to bank – EIDL loan, less current portion	$	452,854	$	504,031

During the year ended June 30, 2020, the Company executed the standard loan documents required for securing a loan (the “EIDL Loan”) from the United States Small Business Administration (the “SBA”) under its Economic Injury Disaster Loan (“EIDL”) assistance program in light of the impact of the COVID-19 pandemic on the Company’s business. The principal amount of the EIDL Loan is $500,000, with proceeds to be used for working capital purposes. Interest on the EIDL Loan accrues at the rate of 3.75% per annum and installment payments, including principal and interest, are due monthly beginning twelve months from the date of the EIDL Loan in the amount of $2,437. The balance of principal and interest is payable thirty years from the date of the promissory note and included as long-term debt on the balance sheet.

Total interest expense on notes payable to bank was $13,559 and $13,559 for the nine months ending March 31, 2026 and 2025, respectively.

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Note 8 — Convertible Notes Payable

Convertible notes payable consisted of the following:

	March 31, 2026			June 30, 2025
*September 2018* – Convertible note of $220,000 with interest rate at 10% per annum with maturity date of September 2019.		220,000			220,000
*March 2019* – Convertible note of $640,000 with interest rate at 7% per annum with maturity date of September 2020.		244,802			244,802
Total notes payable		464,802			464,802
Less current portion of notes payable		(464,802	)		(464,802	)
Notes payable, less current portion	$	-		$	-

	·	September 2018 - $220,000
		During the year ended June 30, 2019, the Company entered a convertible note with an investor of the Company with a face value of $220,000 in exchange for $200,000 cash payment with an interest rate of 10% per annum. The discount of this note was amortized over the life of the note. The principal and interest of the note is convertible into the Company’s common stock at a purchase price of $0.70 per common share. The note is in default and payable upon demand. As of March 31, 2026 and June 30, 2025, the total unpaid and accrued interest was $188,329 and $171,829, respectively, and is recorded in accrued liabilities.

	·	March 2019 - $640,000
		During the year ended June 30, 2019, the Company entered into two promissory notes with an investor of the Company with a face value of $640,000 in exchange for a total of $600,000 cash payment. The discount of the Notes was amortized over the life of the Note and has an interest rate of 7%. The principal and interest of the note is convertible into the Company’s common stock at a purchase price of $0.75 per common share. The remaining principal is in default and payable upon demand and included as current debt on the balance sheet. As of March 31, 2026 and June 30, 2025, the total unpaid and accrued interest was $189,859 and $177,007, respectively, and is recorded in accrued liabilities.

	Total interest expense on notes payable to bank was $29,352 and $29,352 for the nine months ending March 31, 2026 and 2025, respectively.

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Note 9 – Income Taxes

The Company accounts for income taxes in accordance with ASC 740, Income Taxes (“ASC 740”), which requires the use of the asset and liability method. Deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Deferred tax assets are also recognized for net operating losses (NOLs) and tax credit carryforwards.

Provision for Income Taxes

The components of the provision for income taxes are as follows:

	Period Ended
	March 31, 2026		June 30, 2025
Current
Federal		-		-
State		-		-
Total current	$	-	$	-
Deferred
Federal		-		-
State		-		-
Total deferred	$	-	$	-
Total	$	-	$	-

Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax assets and liabilities as of March 31, 2026 and June 30, 2025, are as follows:

	Period Ended
	March 31, 2026			June 30, 2025
Deferred tax assets:
Net operating loss carryforwards	$	10,728,983		$	10,728,983
Other temporary differences		2,306,450			2,306,450
Total deferred tax assets		13,035,433			13,035,433
Change in valuation allowance		(13,035,433	)		(13,035,433	)
Effective income tax rate	$	-		$	-

Valuation Allowance

The Company has established a full valuation allowance against its net deferred tax assets as of March 31, 2026 and June 30, 2025. The valuation allowance was recorded because it is more likely than not that the Company will not realize its deferred tax assets, primarily due to cumulative losses incurred in recent years.

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Unrecognized Tax Benefits

The Company has no unrecognized tax benefits as of March 31, 2026 and June 30, 2025.

The Company files income tax returns in the U.S. federal jurisdiction and is subject to income tax examinations by federal tax authorities for tax years ended 2019 and later. The Company currently is not under examination by any tax authority. The Company’s policy is to record interest and penalties on uncertain tax positions as income tax expense.

Note 10 — Commitments and Contingencies

The Company records tax contingencies when the exposure item becomes probable and reasonably estimable. As of March 31, 2026, the Company had a tax contingency related to stock options granted below the fair market value on date of grant. The Company is in the process of determining the possible exposure and necessary expense accrual for the related tax, penalties and interest. Management has not been able to determine the amount as of the date of this report, however, does not expect the amount to be material to the financial statements.

To the best of the Company’s knowledge and belief, no legal proceedings of merit are currently pending or threatened against the Company.

Note 11 — Risks and Uncertainties

The Company does not have a concentration of revenues from any individual customer (less than 10%).

The Company operates in a rapidly evolving and highly regulated industry and will only conduct business in state legal cannabis markets.

Note 12 — Stock Based Compensation

The equity incentive plan of the Company was established in February of 2017. The Board of Directors of the Company may from time to time, in its discretion grant to directors, officers, consultants and employees of the Company, non-transferable options to purchase common shares, provided that the number of options issued do not exceed 25,000,000. The options are exercisable for a period of up to 4 years from the date of the grant. The number of shares authorized to be issued under the equity incentive plan was increased from 10,000,000 to 25,000,000 through consent of stockholders to amend and restate the equity incentive plan.

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The average fair value of stock options granted was estimated to be $0.14 and $0.07 per share for the period ended March 31, 2026 and June 30, 2025. This estimate was made using the Black-Scholes option pricing model and the following weighted average assumptions:

	2026

Expected option life (years)	2-4
Expected stock price volatility	227 to 254		%
Expected dividend yield		-
Risk-free interest rate	0.44 to 0.54		%

A summary of option activity under the employee share option plan as of June 30, 2025 and 2024 and changes during the year then ended is presented below.

	Shares		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Price	Aggregate Intrinsic Value

Options:
Outstanding at July 1, 2025		-	$	0.00
Granted		-	$	0.00
Exercised, converted		-	$	0.00
Forfeited / exchanged / modification		-		-
Outstanding at March 31, 2026		-	$	0.00
Exercisable at March 31, 2026		-	$	0.00

Number of options available for grant at end of period		12,517,426

A summary of the status of the Company’s nonvested shares as of and for the period ended March 31, 2026 is presented below

Options	Shares		Weighted-Average Grant-Date Fair Value
Nonvested at July 1, 2025		-	$	-
Granted		-	$	-
Vested		-	$	-
Forfeited		-	$	-
Nonvested at March 31, 2026		-	$	-

Stock-based compensation expense attributable to stock options was approximately $0 and $37,034 for the nine months ended March 31, 2026 and 2025, respectively.

As of March 31, 2026 and June 30, 2025, there was approximately $0 and $10,500, respectively, of unrecognized compensation expense related to the stock options outstanding, and the weighted average vesting period for those options was less than a year.

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Warrants

At June 30, 2025 and March 31, 2026, the Company had no outstanding warrants to purchase the Company’s common stock as the warrants previously outstanding expired on July 8, 2024.

Note 13 — Related Party Transactions

The Company had the following related party transactions:

Notes payable to related parties:

	o	March 2020 - $600,000

		During the year ended June 30, 2020, the Company entered into a promissory note with the Chief Executive Officer with a face value of $600,000 in exchange for a total of $565,000 cash payments with interest rate at 12% per annum due in December 2020. The total discount of the note was amortized over the life of the note and recorded as an interest expense which matured on December 1, 2020. In January 2021, the Company repaid $300,000 and in July 2022 the Company repaid $100,000 of the note balance. The note was in default and due upon demand and the interest rate was increased to 12% as of June 30, 2024 and the outstanding loan amount of $100,000 was paid in full on September 17, 2024. As of March 31, 2026 and June 30, 2025, the total unpaid and accrued interest was $16,379 and is recorded in accrued liabilities.

	o	April 2020 - $50,000

		During the year ended June 30, 2020, the Company entered into a promissory note with the Chief Technology officer for $50,000 with interest rate at 10% per annum due in December 2020. In January 2021, the Company repaid $25,000 and in July 2022 repaid $17,183 of the note balance. The note was in default and the interest rate increased to 12% as of June 30, 2024 and the outstanding loan amount of $7,817 was paid in full on September 17, 2024. As of March 31, 2026 and June 30, 2025, the total unpaid and accrued interest was $2,373 and is recorded in accrued liabilities.

	o	March 2024 - $65,000

		During the quarter ended March 31, 2024, the Company entered into two promissory notes with the executives of the Company with a total value of $65,000 with interest rate at 12% per annum due in May 2024. During the year ended June 30, 2024, the Company paid $35,000 and the outstanding loan amount of $30,000 was paid on September 17, 2024. As of March 31, 2026 and June 30, 2025, the total unpaid and accrued interest was $3,792 and is recorded in accrued liabilities.

	Total interest expense on notes payable to related parties was zero for the nine month ended March 31, 2026 and $2,613 for the nine months ended March 31, 2025.

Note 14 — Leases

On January 1, 2026 the Company extended its Denver, Colorado headquarter lease for 12 months through December 31, 2026. During the past fiscal year, a majority of the Company’s employees have been working remotely and the Company does not know if they will continue to keep this location or relocate to a small facility. Therefore, in accordance with ASC 842 the Company will not record an operating right of use asset and operating lease liability because of the short-term nature of this amendment. The Company will recognize lease expenses on a monthly basis through the life of this lease of approximately $41,000.

Note 15 — Subsequent Events

The Company evaluated all events or transactions that occurred after March 31, 2026, through May 14, 2026. The Company determined that it does not have any subsequent event requiring recording or disclosure in the financial statements for the period ended March 31, 2026.

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Forward Looking Statements

This quarterly report on Form 10-Q contains forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

Our unaudited interim condensed financial statements for the nine months ended Marh 31, 2026 are expressed in US dollars and are prepared in accordance with generally accepted accounting principles in the United States of America. They reflect all adjustments (all of which are normal and recurring in nature) that, in the opinion of management, are necessary for fair presentation of our interim financial information. The results of operations for the interim periods presented are not necessarily indicative of the results to be expected for any subsequent quarter or for our fiscal year ending June 30, 2025. Our unaudited financial statements and notes included therein have been prepared on a basis consistent with and should be read in conjunction with our audited financial statements and notes for the year ended June 30, 2025, as filed in our annual report on Form 10-K.

The following discussion should be read in conjunction with our interim financial statements and the related notes that appear elsewhere in this quarterly report.

Business Overview

Our company has evolved and grown from a listing website to a comprehensive marketing technology platform. Our clients, medical and recreational dispensaries, in legalized cannabis states, along with cannabis product companies subscribe to our technology platform to assist in new customer acquisition. We provide retention tools to those companies that include texting/loyalty and ordering ahead technology.

The Leafbuyer Technology Platform reaches millions of cannabis consumers every month through its web-based platform, loyalty platform and smart application technology. Our website’s sophisticated vendor dashboard allows our clients to update their menus, deals and create real-time messages to communicate with consumers 24/7/365. The platform also provides a robust reporting feature to track the vendors’ return on investment. With the increased popularity of Leafbuyer texting/loyalty program, clients can communicate through SMS, MMS as well as push notifications within a custom branded application. Our website, Leafbuyer.com, and its progressive web application, hosts a robust search algorithm like popular travel or hotel sites, where our clients’ customers can search the database for appealing offers. They can also search through thousands of menu items and products, create a profile, sign up to receive deal alerts and place online orders for pick up or delivery. In November of 2020 Leafbuyer Technologies Inc. completed a customizable white label application for the dispensary clients. Consumers can search, shop, earn rewards, place orders, and communicate with their favorite stores all in one convenient application. The application can also be completely branded for the dispensary and allows for 24/7 communication with their patrons.

We continue an aggressive push into all legal cannabis states. Increasing our marketing and sales presence in new markets is a primary objective. Along with this expansion, we continue to develop innovative technologies that will serve cannabis dispensaries and product companies in attracting and retaining consumers.

Leafbuyer operates in a rapidly evolving and highly regulated industry that, as has been estimated by grandviewresearch.com, to exceed $70 billion in revenue by the year 2028. Our founders and our Board of Directors have been, and will continue to be, aggressive in pursuing long-term opportunities.

We plan to grow organically through the aggressive deployment of sales and marketing resources into legal cannabis states. We understand that to obtain a significant market share we may need to look for acquisitions for a sizable portion of that growth. However, there can be no assurance that we will be able to locate and acquire such opportunities or that they will be on terms that are favorable to us.

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The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 1 to the financial statements, the Company has suffered recurring losses from operations and has a significant accumulated deficit. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans in regard to these matters are also described in Note 1. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Comparison of results of operations for the three months ended March 31, 2026 and 2025

	Three months Ended March 31,
	2026		2025			Change			%
Revenue	$	1,128,797	$	1,728,744		$	(599,947	)		(35	)%
Cost of revenue		523,344		917,875			(394,531	)		(43	)%
Gross profit		605,453		810,869			(205,416	)		(25	)%

Total operating expenses		481,069		558,963			(77,894	)		(14	)%

Interest expense & other income		15,035		(16,752	)		31,787			190	%

Net Income (loss)	$	139,419	$	235,154		$	(95,735	)		(41	)%

Revenues

During the three months ended March 31, 2026, we generated approximately $1.1 million of revenue, compared to revenues of $1.7 million during the three months ended March 31, 2025. In April 2025, the final phase of FCC 23-107 from the Federal Communications Commission took effect. This, along with the ruling that all accounts must now be entered into the campaign registry for 10DLC compliance. This altered the way messages are sent, adding a mandatory age gate in front of all messaging solutions. While these moves do provide a benefit by reducing spam and increasing through-put, the regulations directly influence how companies approach SMS/MMS marketing strategies. This change effected all companies in the text marketing space. Over the last 5 months Leafbuyer has been on the front end of this change, working with our customers to navigate this new landscape. Our revenue decrease is primarily the result of customers sending less messages or looking for alternatives with competitors trying to circumvent the regulations. We have completed a restructuring of our platform to ensure Leafbuyer Technologies Inc is 100% compliant and existing customers are able to send SMS or MMS messages without having to worry about compliance. Some customers have returned after realizing this change affects the entire text marketing industry, and after empty promises by competitors were found to be non-sustainable. With these changes and the addition of several channel partner agreements we expect to earn back some of this lost revenue moving forward.

Gross Profit

Gross profit decreased to $605,45311 for the period ended March 31, 2026, which was a decrease over the same period ended March 31, 2025 of $205,416 primarily because of the lower revenue discussed above.

Expenses

During the three months ended March 31, 2026, we incurred total operating expenses of $481,069 compared to $558,963 for the same period ending in 2025. The decrease in operating costs is primarily because of lower stock- based compensation expense and less sales commission because of lower revenue.

Interest expense was $18,941 for the three months ended March 31, 2026 compared to interest expense of $18,094 for the same period ending March 31, 2025. Other income increased $32,679 primarily because of the class action lawsuit settlement received in connection with the Companies former public accounting firm.

Net Income

During the three months ended March 31, 2026 we realized a net income of $139,419, compared to net income of $235,154 for the three months ended March 31, 2025.

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Comparison of results of operations for the nine months ended March 31, 2026 and 2025

	Nine months Ended March 31,
	2026			2025			Change			%
Revenue	$	3,064,800		$	5,055,344		$	(1,990,544	)		(39	)%
Cost of revenue		1,519,996			2,740,996			(1,221,000	)		(45	)%
Gross profit		1,544,804			2,314,348			(769,544	)		(33	)%

Total operating expenses		1,514,746			1,933,287			(418,541	)		(22	)%

Interest expense & other income		(15,262	)		(59,590	)		44,328			74	%

Net Income (loss)	$	14,796		$	321,471		$	(306,675	)		(95	)%

Revenues

During the nine months ended March 31, 2026, we generated approximately $3.1 million of revenue, compared to revenues of $3.3 million during the nine months ended March 31, 2025. In April 2025, the final phase of FCC 23-107 from the Federal Communications Commission took effect. This, along with the ruling that all accounts must now be entered into the campaign registry for 10DLC compliance. This altered the way messages are sent, adding a mandatory age gate in front of all messaging solutions. While these moves do provide a benefit by reducing spam and increasing through-put, the regulations directly influence how companies approach SMS/MMS marketing strategies. This change effected all companies in the text marketing space. Over the last 5 months Leafbuyer has been on the front end of this change, working with our customers to navigate this new landscape. Our revenue decrease is primarily the result of customers sending less messages or looking for alternatives with competitors trying to circumvent the regulations. We have completed a restructuring of our platform to ensure Leafbuyer Technologies Inc is 100% compliant and existing customers are able to send SMS or MMS messages without having to worry about compliance. Some customers have returned after realizing this change affects the entire text marketing industry, and after empty promises by competitors were found to be non-sustainable. With these changes and the addition of several channel partner agreements we expect to earn back some of this lost revenue moving forward.

Gross Profit

Gross profit decreased to $1,511,804 for the nine months ended March 31, 2026, which was a decrease over the same period ended March 31, 2025 of $769,544 primarily because of the decrease in revenue.

Expenses

During the nine months ended March 31, 2026, we incurred total operating expenses of $1.5 compared to $1.9 million for the same period ending in 2024. The decrease in operating costs is primarily because of lower stock-based compensation expense and less sales commission because of lower revenue.

Interest expense was $56,823 for the nine months ended March 31, 2026 compared to interest expense of $61,605 for the same period ending March 31, 2026, because of the reduction in notes payable during the year. Other income increased $32,679 primarily because of the class action lawsuit settlement received in connection with the Companies former public accounting firm.

Net Income

During the nine months ended March 31, 2026 we realized net income of $14,796, compared to net income of $321,471 for the nine months ended March 31, 2025.

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Liquidity and Capital Resources

The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months from the date of the issuance of these unaudited condensed financial statements with existing cash on hand and/or the private placement of common stock or obtaining debt financing. There is, however, no assurance that the Company will be able to raise any additional capital through any type of offering on terms acceptable to the Company, as existing cash on hand will be insufficient to finance operations over the next twelve months.

At March 31, 2026 we had $956,154 in cash and cash equivalents.

Cash Flows

Our cash flows from operating, investing and financing activities were as follows:

	Nine months Ended March 31,
	2026			2025
Net cash (used in)/provided by operating activities	$	124,328		$	589,623
Net cash used in investing activities	$	-		$	-
Net cash used in financing activities	$	(21,933	)	$	(159,750	)

As of March 31, 2026, we had $956,154 in cash and cash equivalents and a working capital deficit of $906,679. We are dependent on funds raised through equity financing. Our accumulated deficit of $24,869,661 was funded by equity financing and we reported a net loss from operations of $14,796 for the nine months ended March 31, 2026. During the nine months ending March 31, 2025, we paid $21,933 to reduce the SBA debt, and we did not expend any monies through investing activities (acquiring assets).

Off-Balance Sheet Arrangements

We had no off-balance sheet arrangements as of March 31, 2026 and June 30, 2025.

Critical Accounting Estimates

Our condensed financial statements and accompanying notes have been prepared in accordance with U.S. GAAP. The preparation of these financial statements requires management to make estimates, judgments and assumptions that affect reported amounts of assets, liabilities, revenues and expenses. We continually evaluate the accounting policies and estimates used to prepare the condensed financial statements. The estimates are based on historical experience and assumptions believed to be reasonable under current facts and circumstances. Actual amounts and results could differ from these estimates made by management. Certain accounting policies that require significant management estimates and are deemed critical to our results of operations or financial position are discussed in our June 30, 2025 form 10-K in the Critical Accounting Policies section of Management’s Discussion and Analysis of Financial Condition and Results of Operations.

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Critical Accounting Policies

Our unaudited condensed interim financial statements are affected by the accounting policies used and the estimates and assumptions made by management during their preparation. For a detailed discussion about the Company’s significant accounting policies, refer to Note 2 — “Summary of Significant Accounting Policies,” in the Company’s financial statements included in the Company’s June 30, 2025 Form 10-K. We have identified below the accounting policies that are of particular importance in the presentation of our financial position, results of operations and cash flows, and which require the application of significant judgment by our management. Management has carefully considered the recently issued accounting pronouncements that altered generally accepted accounting principles and does not believe that any other new or modified principles will have a material impact on the Company’s reported financial position or operations in the near term.

Use of Estimates

Revenue Recognition

For revenue recognition arrangements that we determine are within the scope of Topic ASC 606, we perform the following five steps: (i) identify the contract(s) with a customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract, and (v) recognize revenue when (or as) the entity satisfies a performance obligation. We only apply the five-step model to arrangements that meet the definition of a contract under Topic 606, including when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. At contract inception, once the contract is determined to be within the scope of Topic 606, we evaluate the goods or services promised within each contract related performance obligation and assess whether each promised good or service is distinct. We then recognize as revenue the amount of the transaction price that is allocated to the respective performance obligation when (or as) the performance obligation is satisfied.

We recognize revenue upon completion of our performance obligations or expiration of the contractual time to use services such as bulk texting.

Recent Accounting Guidance Adopted

We have implemented all new accounting pronouncements that are in effect and applicable to us. These pronouncements did not have any material impact on our financial statements unless otherwise disclosed, and we do not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on our financial position or results of operations.

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Item 3. Quantitative and Qualitative Disclosures About Market Risk

We are a smaller reporting company as defined by 17 C.F.R. 229 (10)(f)(i) and are not required to provide information under this item.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Our management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the SEC rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer’s management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

An evaluation was conducted under the supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of June 30, 2025. Based on that evaluation, our management concluded that our disclosure controls and procedures were not effective as of such date to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms. Such officer also confirmed that there was no change in our internal control over financial reporting during the nine months ended March 31, 2025 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

Changes in Internal Control Over Financial Reporting

There were no changes in our internal control over financial reporting that occurred during the nine months ended March 31 2026, which have materially affected or would likely materially affect our internal control over financial reporting. The Company continues to invest resources in order to upgrade internal controls.

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PART II – OTHER INFORMATION

Item 1. Legal Proceedings

We are not aware of any legal proceedings to which we are a party or of which our property is the subject. None of our directors, officers, affiliates, any owner of record or beneficially of more than 5% of our voting securities, or any associate of any such director, officer, affiliate or security holder are (i) a party adverse to us in any legal proceedings, or (ii) have a material interest adverse to us in any legal proceedings. We are not aware of any other legal proceedings that have been threatened against us.

Item 2. Unregistered Sales of Equity Securities

None

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

None

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Item 6. Exhibits

Exhibit Number		Exhibit Description

31.1		Certification of Chief Executive Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*

31.2		Certification of Chief Financial Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002*

32.1		Certification of Chief Executive Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 **

32.2		Certification of Chief Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 **

101.INS		Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document).

101.SCH		Inline XBRL Taxonomy Extension Schema Document.

101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase Document.

101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document.

101.LAB		Inline XBRL Taxonomy Extension Labels Linkbase Document.

101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document.

104		Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101).

* Filed herewith.

** Furnished herewith.

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SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	LEAFBUYER TECHNOLOGIES, INC.

Date: May 14, 2026	By:	/s/ Kurt Rossner
		Kurt Rossner
		Chief Executive Officer, Director (principal executive officer)

	By:	/s/ Mark Breen
		Mark Breen
		Chief Financial Officer and Director

LEAFBUYER TECHNOLOGIES, INC. 10-Q