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

                                   Form 12b-25

                           NOTIFICATION OF LATE FILING

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

                           For Period Ended: June 30, 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 annual report on Form 10-KSB by the
prescribed due date because of the inability to incorporate ongoing American
Stock Exchange proceedings into the 10-KSB without unreasonable effort and
expense.

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 September 29, 2003                     By       /s/ Brett Sweezy, CFO
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