CASH TECHNOLOGIES INC
NT 10-Q, 1999-04-14
BUSINESS SERVICES, NEC
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<PAGE>
 
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, DC  20549

                                  FORM 12b-25

                                         Commission File Number 000-24569
                                                                --------------

                          NOTIFICATION OF LATE FILING
<TABLE>
(Check One): [_] Form 10-K [_] Form 11-K [_] Form 20-F [X] Form 10-Q  [_]Form N-SAR
For Period Ending:     February 28, 1999
                   ----------------------------------------------------------------------
        <S>                                     <C>    
        [_] Transition Report on Form 10-K             [_] Transition Report on Form 10-Q
        [_] Transition Report on Form 20-F       [_] Transition Report on Form N-SAR
        [_] Transition Report on Form 11-K
 
                         Read the attached instruction sheet before preparing form.  
                                         Please print or type.
</TABLE>
     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

Full name of registrant   CASH TECHNOLOGIES, INC.
                        --------------------------------------------------------
Former Name if applicable

- --------------------------------------------------------------------------------

Address of principal executive office (Street and number) 1434 West 11th Street
                                                         -----------------------
City, State and Zip Code   Los Angeles, Ca 90015
                         -------------------------------------------------------

                        Part II.  Rule 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 appropriate box.)

[X]  (a) The reasons described in reasonable detail in Part III of this form
     could not be eliminated without unreasonable effort or expense;

[X]  (b) The subject annual report, semi-annual report, transition report on
     Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or
     before the 15th calendar day following the prescribed due date; or the
     subject quarterly report on transition report on Form 10-Q, or portion
     thereof will be filed on or before the fifth calendar day following the
     prescribed due date; and

[X]  (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
     has been attached is applicable.
<PAGE>
 
                              Part III.  Narrative

     State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F, 10-
     Q, N-SAR or the transition report portion thereof could not be filed within
     the prescribed time period. (Attached extra sheets if needed.)

     Cash Technologies, Inc. (the "Company") is unable to file its Form 10QSB
     for the fiscal quarter ended February 28, 1999 without unreasonable expense
     and effort due to its inability to finish the required financial statements
     for the quarter with sufficient time for management to review the financial
     statements and to prepare the management discussion and analysis.

                          Part IV.  Other Information

     (1) Name and telephone number of person to contact in regard to this
notification
     Robert Gielow                                (213)        745-2000 
- -------------------------------------------------------------------------------
     (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 the answer is
no, identify report(s).
                                                                [X] 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  [X] 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.

     Cash Technologies, Inc.
- -------------------------------------------------------------------------
     (Name of registrant as specified in charter)

Has cause this notification to be signed on its behalf by the undersigned
thereunto duly authorized.

Date April 13, 1999                      By   /s/ Robert Gielow
     -------------------------------         --------------------------------
                                             Chief Financial Officer


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