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SurgePays, Inc.
CIK 1392694Updated Sep 24, 2026
SecuritySURG · NASDAQ · equity
Historical securities (1)
SURGW · NASDAQ · warrant · closed Nov 1, 2024Name history
Surge Holdings, Inc. · through Nov 4, 2020KSIX Media Holdings, Inc. · through Dec 28, 2017NORTH AMERICAN ENERGY RESOURCES, INC. · through Jun 10, 2015North American Energy Resources, Inc. · through Jun 10, 2015Mar Ked Mineral Exploration, Inc. · through Aug 11, 2008
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NASDAQ:SURG on TradingView ↗In the news
SurgePays to Host First Quarter 2026 Financial Results Conference Call on May 15th ↗
SurgePays to Host Second Quarter 2025 Financial Results Conference Call on Wednesday, August 13 News provided by SurgePays Aug 05, 2025, 08:30 ET Share this article Share to X Share this article Share to X BARTLETT, Tenn. , Aug. 5, 2025 /PRNewswire/ -- SurgePays, Inc. (NASDAQ: SURG ) ("SurgePays" or ↗
SurgePays Reports First Quarter 2025 Financial Results News provided by SurgePays May 13, 2025, 16:05 ET Share this article Share to X Share this article Share to X AT&T Integration Complete; Nationwide Launch Positions Company for Most Aggressive Growth Phase to Date Company Ships Over 250,000 SIM ↗
Recent filings
Changes in Registrant's Certifying Accountant
Items 4.01
4 filing
Entry into a Material Definitive Agreement · Completion of Acquisition or Disposition of Assets · Other Events
Items 1.01, 2.01, 8.01, 9.01
Other Events
Items 8.01
10-Q filing
Show 5 more recent filings
NT 10-Q filing
Regulation FD Disclosure · Other Events
Items 7.01, 8.01, 9.01
Other Events
Items 8.01
Other Events
Items 8.01
Submission of Matters to a Vote of Security Holders
Items 5.07, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 8,515,846Source | 23,976,005Source | 41,925,307Source | 34,003,506Source |
| Property, Plant and Equipment, NetUSD | 403,517Source | 591,088Source | 361,841Source | 643,373Source |
| GoodwillUSD | — | 3,300,000Source | 1,666,782Source | 1,666,782Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 819,153Source | 1,472,962Source | 2,126,470Source | 2,779,977Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,731,400Source | 11,790,389Source | — | 7,035,654Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 4,045,162Source | 3,000,209Source | 9,536,074Source | 9,230,365Source |
| Inventory, NetUSD | 339,570Source | 1,781,365Source | 9,046,594Source | 11,186,242Source |
| Assets, CurrentUSD | 6,979,766Source | 17,870,323Source | 33,366,661Source | 27,563,785Source |
| Operating Lease, Right-of-Use AssetUSD | 313,410Source | 564,781Source | 387,869Source | 431,352Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 23,918,665Source | 8,714,392Source | 13,521,843Source | 28,885,253Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 21,852Source | 20,435Source | 14,404Source | 14,117Source |
| Additional Paid in CapitalUSD | 83,246,736Source | 76,842,878Source | 43,421,019Source | 40,780,707Source |
| Retained Earnings (Accumulated Deficit)USD | -96,984,297Source | -60,915,427Source | -15,186,203Source | -35,804,106Source |
| Stockholders' Equity Attributable to ParentUSD | -15,347,675Source | 15,315,919Source | 28,249,220Source | 4,990,718Source |
| Liabilities and EquityUSD | 8,515,846Source | 23,976,005Source | 41,925,307Source | 34,003,506Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 18,190,236Source | 6,059,476Source | 12,705,044Source | 23,464,062Source |
| Operating Lease, Liability, CurrentUSD | 219,997Source | 248,069Source | 43,137Source | 39,490Source |
| Operating Lease, Liability, NoncurrentUSD | 99,235Source | 319,232Source | 356,276Source | 399,413Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -55,144Source | -54,306Source | 154,244Source | 127,535Source |
| Additional Financial Items | ||||
| Deferred Revenue, CurrentUSD | — | — | 20,000Source | 243,110Source |
| Deferred Tax Liabilities, NetUSD | 116,000Source | — | 570,000Source | — |
| Long-term DebtUSD | 13,262,876Source | 4,025,051Source | 5,045,086Source | 7,671,961Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -36,069,708Source | -45,937,774Source | 20,644,612Source | -553,228Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 206,161Source | 942,450Source | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,701,735Source | 1,609,193Source | 613,801Source | 140,676Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 1,044,953Source | -6,535,865Source | 395,718Source | 5,920,991Source |
| Increase (Decrease) in InventoriesUSD | -1,441,795Source | -7,265,229Source | -2,139,648Source | 6,878,664Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -21,293,152Source | -21,310,603Source | 10,287,345Source | 793,272Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -18,590Source | -3,004,576Source | -281,304Source | -1,498,582Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 18,590Source | 518,189Source | — | 11,402Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 10,534,564Source | 22,483,508Source | -2,419,635Source | 1,457,468Source |
| Repayments of Long-term DebtUSD | 11,062Source | 10,877Source | 14,323Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -10,777,178Source | -1,831,671Source | 7,586,406Source | 752,158Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 245,855Source | 470,208Source | 222,326Source | 523,005Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 5,380Source | — | — | — |
| Amortization of Debt Issuance Costs and DiscountsUSD | 754,546Source | — | — | — |
| Amortization of Intangible AssetsUSD | 653,809Source | 653,508Source | 653,507Source | 653,507Source |
| Capitalized Computer Software, AmortizationUSD | — | 222,830Source | — | — |
| DepreciationUSD | — | — | 281,532Source | 279,877Source |
| Equity Method Investment, Realized Gain (Loss) on DisposalUSD | — | 33,864Source | 110,203Source | -89,082Source |
| Gain (Loss) on InvestmentsUSD | — | 33,864Source | 110,203Source | -89,082Source |
| Gain (Loss) on Termination of LeaseUSD | — | 194,863Source | — | — |
| GoodwillUSD | — | 3,300,000Source | 1,666,782Source | 1,666,782Source |
| Goodwill, Impairment LossUSD | — | 866,782Source | — | — |
| Income Tax Expense (Benefit)USD | — | 2,870,000Source | -2,265,000Source | — |
| InterestExpenseNonoperatingUSD | 2,003,935Source | — | — | — |
| Inventory Write-downUSD | — | — | — | 51,718Source |
| Investment Income, InterestUSD | 63,950Source | 105,395Source | — | — |
| Marketable Securities, Unrealized Gain (Loss)USD | — | 13,613Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -36,068,870Source | -45,729,224Source | 20,617,903Source | -680,763Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -838Source | -208,550Source | 26,709Source | 127,535Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -36,068,870Source | -45,729,224Source | 20,617,903Source | — |
| Nonoperating Income (Expense)USD | -1,932,845Source | -1,285,423Source | — | — |
| Operating ExpensesUSD | 20,071,121Source | 27,458,152Source | 16,777,107Source | 12,835,623Source |
| Other Nonoperating Income (Expense)USD | — | — | -485,772Source | -1,187,013Source |
| Payments to Acquire InvestmentsUSD | — | 10,159,444Source | — | — |
| Proceeds from Issuance of Common StockUSD | 1,774,636Source | 17,249,994Source | — | — |
| Realized Investment Gains (Losses)USD | — | 13,613Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 56,962,920Source | 60,881,173Source | 137,141,832Source | 121,544,190Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 20,071,121Source | 27,458,152Source | 16,777,107Source | 12,835,623Source |
| Operating Income (Loss)USD | -34,136,863Source | -41,782,351Source | 18,865,384Source | 633,785Source |
| Other Nonoperating Income (Expense)USD | — | — | -485,772Source | -1,187,013Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -36,069,708Source | -43,067,774Source | 18,379,612Source | — |
| Income Tax Expense (Benefit)USD | — | 2,870,000Source | -2,265,000Source | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -838Source | -208,550Source | 26,709Source | 127,535Source |
| Net Income (Loss) Attributable to ParentUSD | -36,068,870Source | -45,729,224Source | 20,617,903Source | -680,763Source |
| Earnings Per Share, BasicUSD per share | -1.8Source | -2.39Source | 1.45Source | -0.05Source |
| Earnings Per Share, DilutedUSD per share | -1.8Source | -2.39Source | 1.38Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 20,085,138Source | 19,119,181Source | 14,258,172Source | 12,395,364Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 20,085,138Source | 19,119,181Source | 14,922,881Source | — |
| Interest Expense (non-operating)USD | 2,003,935Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 653,809Source | 653,508Source | 653,507Source | 653,507Source |
| Capitalized Computer Software, AmortizationUSD | — | 222,830Source | — | — |
| Costs and ExpensesUSD | 91,099,783Source | 102,663,524Source | 118,276,448Source | 120,910,405Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 859,970Source | 942,450Source | 935,039Source | 933,384Source |
| Gain (Loss) on InvestmentsUSD | — | 33,864Source | 110,203Source | -89,082Source |
| Goodwill, Impairment LossUSD | — | 866,782Source | — | — |
| Interest ExpenseUSD | — | — | — | 400,000Source |
| Interest Income (Expense), NetUSD | 215,600Source | — | — | — |
| Investment Income, InterestUSD | 63,950Source | 105,395Source | — | — |
| Marketing and Advertising ExpenseUSD | 268,671Source | 109,004Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -36,068,870Source | -45,729,224Source | 20,617,903Source | — |
| Nonoperating Income (Expense)USD | -1,932,845Source | -1,285,423Source | — | — |
| Operating ExpensesUSD | 20,071,121Source | 27,458,152Source | 16,777,107Source | 12,835,623Source |
| Other ExpensesUSD | 1,701,735Source | — | — | — |
| Realized Investment Gains (Losses)USD | — | 13,613Source | — | — |
Filing attachments
ex99-1.htm · 8-K · 2026-08-05
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 SurgePays Forms Redline Wireless Group to Scale LinkUp Mobile Across 20,000 Plus Dealers New joint venture with one of the largest wireless master distribution organizations in the US is expected to be cash flow positive in its first month of operations BARTLETT, Tenn., August 5, 2026 (GLOBE NEWSWIRE) - SurgePays, Inc. (NASDAQ: SURG) (“SurgePays” or the “Company”), a wireless and fintech technology company connecting subprime and underserved consu…
Read attachment ↗ex99-1.htm · 8-K · 2026-05-20
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 SurgePays Reports First Quarter 2026 Revenue of Approximately $16 Million, Up 51% Year-Over-Year Driven by Point of Sale and Prepaid Services Growth of 71% May 15, 2026 09:00 ET | Source: SurgePays, Inc. Cost discipline initiated in 2025 drove G&A expenses down approximately 25% Revenue growth was led by point of sale and prepaid services Total wireless subscriber lines surpassed 200,000 across LinkUp Mobile and Torch Wireless BARTLETT, Tenn., …
Read attachment ↗ex99-2.htm · 8-K · 2026-05-20
EX-99.2 3 ex99-2.htm EX-99.2 Exhibit 99.2 SurgePays, Inc. (SURG) Q1 2026 Earnings Call May 15, 2026 11:00 AM EDT Company Participants Kevin Cox - CEO & Director Chelsea Pullano - Interim Chief Financial Officer Conference Call Participants Valter Pinto - Kanan, Corbin, Schupak & Aronow, Inc. Edward Woo - Ascendiant Capital Markets LLC, Research Division Presentation Operator Good morning, welcome to the SurgePays Incorporated’s first quarter 2026 financial results conference call. …
Read attachment ↗ex99-1.htm · 8-K · 2026-04-16
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 SurgePays Reports Full Year 2025 Results and Highlights Scalable Growth Model with Improved Cost Structure Entering 2026 Reduced Cash Burn and Expansion Across Multiple Revenue Channels Support a More Efficient Growth Model BARTLETT, Tenn., April 14, 2026 - SurgePays, Inc. (NASDAQ: SURG) (“SurgePays” or the “Company”), a wireless and fintech technology company connecting subprime and underserved consumers to essential mobile and financial services…
Read attachment ↗ex99-2.htm · 8-K · 2026-04-16
EX-99.2 3 ex99-2.htm EX-99.2 Exhibit 99.2 Company Participants K. Brian Cox - CEO & Director Chelsea Pullano - Interim Chief Financial Officer Conference Call Participants Valter Pinto - Kanan, Corbin, Schupak & Aronow, Inc. Edward Woo - Ascendiant Capital Markets LLC, Research Division Presentation Operator Greetings. Welcome to the SurgePays Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note, this conference is being recorded. I will now turn the co…
Read attachment ↗ex4-1.htm · 8-K · 2026-01-22
EX-4.1 3 ex4-1.htm EX-4.1 Exhibit 4.1 NEITHER THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE …
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