SurgePays Inc
For the period ended Mar 31, 2024. Filed May 13, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 13, 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 Changes in Stockholders’ Equity
For the Three Months Ended March 31, 2024
| Additional · Total | ||||||
|---|---|---|---|---|---|---|
| Common Stock · Paid-in · Accumulated · Non-Controlling · Stockholders’ | ||||||
| Shares | Amount | Capital | Deficit | Interest | Equity | |
| December 31, 2023 | 14,403,261 | $14,404 | $43,421,019 | $(15,186,203) | $154,244 | $28,403,464 |
| Stock issued for cash | 3,080,356 | 3,081 | 17,246,913 | - | - | 17,249,994 |
| Cash paid as direct offering costs | - | - | (1,395,000) | - | - | (1,395,000) |
| Exercise of warrants - cash | 1,860,308 | 1,861 | 8,797,396 | - | - | 8,799,257 |
| Exercise of warrants - cashless | 40,238 | 41 | (41) | - | - | - |
| Stock issued for services | 47,386 | 48 | 411,692 | - | - | 411,740 |
| Recognition of stock based compensation - unvested shares - related parties | - | - | 1,497,417 | - | - | 1,497,417 |
| Recognition of stock-based compensation - related party | - | - | 6,196 | - | - | 6,196 |
| Non-controlling interest | - | - | - | - | (12,164) | (12,164) |
| Net income | - | - | - | 1,224,595 | - | 1,224,595 |
| March 31, 2024 | 19,431,549 | $19,435 | $69,985,592 | $(13,961,608) | $142,080 | $56,185,499 |
Consolidated Statements of Changes in Stockholders’ Equity
For the Three Months Ended March 31, 2023
| Additional · Total | ||||||
|---|---|---|---|---|---|---|
| Common Stock · Paid-in · Accumulated · Non-Controlling · Stockholders’ | ||||||
| Shares | Amount | Capital | Deficit | Interest | Equity | |
| December 31, 2022 | 14,116,832 | $14,117 | $40,780,707 | $(35,804,106) | $127,535 | $5,118,253 |
| Stock issued for services | 60,082 | 60 | 307,398 | - | - | 307,458 |
| Recognition of stock based compensation - stock options | - | - | 9,294 | - | - | 9,294 |
| Non-controlling interest | - | - | - | - | (576) | (576) |
| Net income | - | - | - | 4,546,341 | - | 4,546,341 |
| March 31, 2023 | 14,176,914 | $14,177 | $41,097,399 | $(31,257,765) | $126,959 | $9,980,770 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.