[NT 10-Q] CFN Enterprises Inc. SEC Filing

Rhea-AI Filing Summary

CFN Enterprises Inc. (CNFN) filed a Form 12b-25 to notify a delay in submitting its Quarterly Report on Form 10-Q for the period ended September 30, 2025. The company states it cannot file on time without unreasonable effort or expense because it is still completing its financial statements, and it expects to file within the 5-day extension allowed by the rules.

Based on preliminary estimates, CFN reports that net income (loss) available to common shareholders was approximately $0.97 million and $(0.92) million for the three and nine months ended September 30, 2024, and it now anticipates net losses of about $0.43 million and $5.2 million for the same 2025 periods. These figures are preliminary, unaudited, and may change when the financial statements are completed.

Insights

Equity analyst

CNFN flags a late Q3 2025 10-Q and signals a much larger year-to-date loss based on preliminary, unaudited figures.

CFN Enterprises Inc. has filed a late-filing notice for its Q3 2025 Form 10-Q, citing the need for more time to complete financial statements. The company indicates it plans to use the 5-calendar-day extension provided by Rule 12b-25, which keeps the delay within the standard grace period rather than indicating a longer-term filing issue.

Preliminary numbers suggest a meaningful deterioration in profitability. For the three and nine months ended September 30, 2024, net income (loss) available to common shareholders was approximately $0.97 million and $(0.92) million. For the comparable 2025 periods, the company now anticipates net losses of about $0.43 million and $5.2 million, primarily attributed to an increase in cost of revenue. Management emphasizes that these results are estimates pending completion of the financial statements and that the independent auditor has not audited or reviewed these figures.

The combination of a filing delay and a swing to significantly larger losses may alter how investors assess CFN’s recent operating trajectory once the full Q3 2025 Form 10-Q is filed. The final impact will depend on the completed financial statements and any additional detail on cost trends and other operating drivers disclosed for the period ended September 30, 2025.

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 12b-25

NOTIFICATION OF LATE FILING

000-52635

Commission File Number

(Check one):		☐ Form 10-K	☐ Form 20-F		☐ Form 11-K	☒ Form 10-Q	☐ Form 10-D
		☐ Form N-CEN	☐ Form N-CSR
		For Period Ended:	September 30, 2025
		☐ Transition Report on Form 10-K
		☐ Transition Report on Form 20-F
		☐ Transition Report on Form 11-K
		☐ Transition Report on Form 10-Q
		For the Transition Period Ended:

Read Instructions (on back page) Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

PART I — REGISTRANT INFORMATION

CFN Enterprises Inc.

Full Name of Registrant

Former Name if Applicable

600 E. 8^th Street

Address of Principal Executive Office (Street and Number)

Whitefish, MT 59937

City, State and Zip Code

PART II — RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

	(a)	The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense
☒	(b)	The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
	(c)	The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

PART III — NARRATIVE

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

CFN Enterprises Inc. (the “Company”) is filing this Notification of Late Filing on Form 12b-25 with respect to its Quarterly Report on Form 10-Q for the period ended September 30, 2025 (the “Report”). The Company has determined that it is unable to file the Report within the prescribed time period without unreasonable effort or expense. Additional time is necessary as the Company is still working on the completion of the financial statements for the period ended September 30, 2025.

The Company expects to file the Report within the 5 calendar day extension period provided by Rule 12b-25.

PART IV — OTHER INFORMATION

(1)	Name and telephone number of person to contact in regard to this notification
	Brian Ross		833		420-2636
	(Name)		(Area Code)		(Telephone Number)
(2)	Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).
					☒ Yes    ☐ No
(3)	Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
					☒Yes    ☐ No
	If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made. The Company’s results of operations for the three and nine months ended September 30, 2025 are anticipated to be significantly different from the corresponding periods in the prior fiscal year primarily due to an increase in cost of revenue for the current periods.  The Company had a net income (loss) available to common shareholders of approximately $0.97 million and $(0.92) million during the three and nine months ended September 30, 2024, respectively.  The Company anticipates a net loss available to common shareholders for the three and nine months ended September 30, 2025 of approximately $0.43 million and $5.2 million, respectively, pending completion of the Company’s financial statements. The above financial disclosure is preliminary, based upon the Company’s estimates and subject to completion of the Company’s financial statements and has been prepared on the basis of currently available information. The Company’s independent registered public accounting firm has not audited or reviewed, and does not express an opinion with respect to, this disclosure. This disclosure does not constitute a comprehensive statement of the Company’s financial results for the periods ended September 30, 2025, and the Company’s final numbers for this period may differ significantly from the corresponding periods in the prior fiscal year. CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION This Form 12b-25 contains certain forward-looking statements. Forward-looking statements may include the Company’s statements regarding its results or projections or current expectations. These statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results to be materially different from those contemplated by the forward-looking statements. Most of these factors are difficult to predict accurately and are generally beyond the Company’s control. Readers should consider the areas of risk described in connection with any forward-looking statements that may be made herein. The business and operations of the Company are subject to substantial risks, which increase the uncertainty inherent in the forward-looking statements contained in this form. Except as required by law, the Company undertakes no obligation to release publicly the result of any revision to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Further information on potential factors that could affect the Company’s business is described under “Item 1A. Risk Factors” contained in the Company’s annual report on Form 10-K as filed with the Securities and Exchange Commission (the “SEC”) on April 15, 2025 and in the Company’s other filings with the SEC. Readers are also urged to carefully review and consider the various disclosures the Company has made in this form and in its annual report on Form 10-K and in the Company’s other filings with the SEC.

CFN Enterprises Inc.

(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date	November 17, 2025		By	/s/ Brian Ross
				Brian Ross
				President and Chief Executive Officer

INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.

ATTENTION

Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).