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

                                  Form 12b-25

                          NOTIFICATION OF LATE FILING

(Check One)     [ ] Form 10-K [ ] Form 20-F [ ] Form 11-K
                [x] Form 10-Q [ ]Form N-SAR

                For Period Ended: March 31, 2003

                [ ] Transition Report on Form 10-K
                [ ] Transition Report on Form 20-F
                [ ] Transition Report on Form 11-K
                [ ] Transition Report on Form 10-Q
                [ ] Transition Report on Form N-SAR
                For the Transition Period Ended:

Read Instruction (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

Full Name of Registrant                     Lifestream Technologies, Inc.

Former Name if Applicable                   N/A

Address of principal Executive Office
(Street and Number)                         510 Clearwater Loop, Suite 101

City, State and Zip Code                    Post Falls, ID 83854


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) [X]

(a)  The reasons 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, 11-F or Form N-SAR, or portion thereof, will be filed on
     or before the fifteenth calendar day following the prescribed due date; or
     the subject quarterly report of 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

(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 the reasons why the Form 10-K, 20-F, 11-K,
10-Q, N-SAR, or the transition report or portion thereof, could not be filed
within the prescribed time period. (Attached Extra Sheets if needed)

Lifestream Technologies, Inc. is unable to file its quarterly report on
Form 10-QSB by the prescribed due date because management has been unable to
obtain certain key documentation and information without unreasonable effort and
expense, specifically several material agreements for which proper documentation
has not yet become available.


PART IV - OTHER INFORMATION

(1)     Name and telephone number of person to contact in regard to this
notification
                Brett Sweezy                208              457-9409
                  (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).                      [x]  Yes            [ ]  No

(3)     Is it anticipated that any significant change in results of operation
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.

                         Lifestream Technologies, 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    May 15, 2003                    By /s/ Brett Sweezy
                                           ----------------------
                                           Brett Sweezy, CFO