SurgePays Inc
For the period ended Dec 31, 2023. Filed Mar 12, 2024.
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FY2023 · Filed Mar 12, 2024
SURG$0.15-7.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| For the Year Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Revenues | $137,141,832 | $121,544,190 |
| Costs and expenses | ||
| Cost of revenues | 101,499,341 | 108,074,782 |
| General and administrative expenses | 16,777,107 | 12,835,623 |
| Total costs and expenses | 118,276,448 | 120,910,405 |
| Income from operations | 18,865,384 | 633,785 |
| Other income (expense) | ||
| Interest expense | (595,975) | (1,843,396) |
| Gain (loss) on investment in CenterCom | 110,203 | (89,082) |
| Amortization of debt discount | - | (115,404) |
| Gain on forgiveness of PPP loan - government | - | 524,143 |
| Other income | - | 336,726 |
| Total other income (expense) - net | (485,772) | (1,187,013) |
| Net income (loss) before provision for income taxes | 18,379,612 | (553,228) |
| Provision for income tax benefit (expense) | 2,265,000 | - |
| Net income (loss) including non-controlling interest | 20,644,612 | (553,228) |
| Non-controlling interest | 26,709 | 127,535 |
| Net income (loss) available to common stockholders | $20,617,903 | $(680,763) |
| Earnings (loss) per share - attributable to common stockholders | ||
| Basic | $1.45 | $(0.05) |
| Diluted | $1.38 | $(0.05) |
| Weighted average number of shares outstanding - attributable to common stockholders | ||
| Basic | 14,258,172 | 12,395,364 |
| Diluted | 14,922,881 | 12,395,364 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.