SurgePays Inc

For the period ended Sep 30, 2024. Filed Nov 12, 2024.

About 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.

Sep 30, 2024 · Filed Nov 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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Contents

Consolidated Statements of Changes in Stockholders’ Equity

Additional · Total
Common Stock · Paid-in · Accumulated · Treasury Stock · Non-Controlling · Stockholders’
Shares · Amount · Capital · Deficit · Shares · Amount · 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
Recognition of stock based compensation - unvested shares - related parties	-	-	2,981,577	-		-		-	-	2,981,577
Non-controlling interest	-	-	-	-		-		-	(19,431)	(19,431)
Net loss	-	-	-	(12,865,765)					-	(12,865,765)
June 30, 2024	19,431,549	19,435	72,967,169	(26,827,373)		-		-	122,649	46,281,880
Recognition of stock based compensation - unvested shares - related parties	500,000	500	1,758,482	-		-		-	-	1,758,982
Treasury shares repurchased (share buy-backs)	-	-	-	-		280,770		(485,131)	-	(485,131)
Non-controlling interest	-	-	-	-		-		-	(4,397)	(4,397)
Net loss	-	-	-	(14,275,347)		-		-	-	(14,275,347)
September 30, 2024	19,931,549	$19,935	$74,725,651	$(41,102,720)		280,770		$(485,131)	$118,252	$33,275,987

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
Stock issued for services	64,927	65	311,121	-	-	311,186
Recognition of stock based compensation - stock options	-	-	9,294	-	-	9,294
Exercise of warrants for cash	43,814	44	207,196	-	-	207,240
Non-controlling interest	-	-	-	-	90,955	90,955
Net income	-	-	-	5,965,992	-	5,965,992
June 30, 2023	14,285,655	14,286	41,625,010	(25,291,773)	217,914	16,565,437
Stock issued for services	57,606	58	255,582	-	-	255,640
Recognition of stock based compensation - stock options	-	-	9,294	-	-	9,294
Non-controlling interest	-	-	-	-	(71,170)	(71,170)
Net income	-	-	-	7,084,301	-	7,084,301
September 30, 2023	14,343,261	$14,344	$41,889,886	$(18,207,472)	$146,744	$23,843,502

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.