SurgePays, Inc.
For the period ended Jun 30, 2026. Filed Aug 19, 2026.
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.
Jun 30, 2026 · Filed Aug 19, 2026
SURG$0.17+2.3%Stored close · as of Nov 6, 2026
Contents
Item 1. Consolidated Balance Sheets (Unaudited)
Consolidated Balance Sheets
| June 30, 2026 | December 31, 2025 | |
|---|---|---|
| (Unaudited) | ||
| Assets | ||
| Current Assets | ||
| Cash and cash equivalents | $1,954,235 | $1,731,400 |
| Restricted cash - accounts receivable factoring facility | 425,049 | 281,811 |
| Accounts receivable - net | 1,828,586 | 4,045,162 |
| Inventory | 253,858 | 339,570 |
| Prepaids and other | 396,367 | 581,823 |
| Total Current Assets | 4,858,095 | 6,979,766 |
| Property and equipment - net | 349,834 | 403,517 |
| Other Assets | ||
| Long-term accounts receivable - net | 3,331,221 | - |
| Intangibles - net | 492,399 | 819,153 |
| Operating lease - right of use asset - net | 206,891 | 313,410 |
| Total Other Assets | 4,030,511 | 1,132,563 |
| Total Assets | $9,238,440 | $8,515,846 |
| Liabilities and Stockholders’ Deficit | ||
| Current Liabilities | ||
| Accounts payable and accrued expenses | $10,142,634 | $10,219,011 |
| Accounts payable and accrued expenses - related party | 835,724 | 117,546 |
| Operating lease liability | 212,314 | 219,997 |
| Notes payable - SBA government | 17,424 | 11,407 |
| Notes payable | 2,245,324 | 1,834,008 |
| Note payable - related party | 1,730,796 | 2,730,796 |
| Convertible notes payable - net | 9,869,374 | 3,068,878 |
| Derivative liabilities | 1,107,421 | - |
| Total Current Liabilities | 26,161,011 | 18,201,643 |
| Long Term Liabilities | ||
| Notes payable - SBA government | 435,862 | 446,927 |
| Operating lease liability | - | 99,235 |
| Convertible notes payable - net | 3,390,992 | 5,170,860 |
| Total Long Term Liabilities | 3,826,854 | 5,717,022 |
| Total Liabilities | 29,987,865 | 23,918,665 |
| Stockholders’ Deficit | ||
| Common stock, $0.001 par value, 500,000,000 shares authorized 27,207,618 and 21,847,927 shares issued and 26,511,665 and 21,151,974 shares outstanding, at June 30, 2026 and December 31, 2025, respectively | 27,211 | 21,852 |
| Additional paid-in capital | 88,657,683 | 83,246,736 |
| Treasury stock - at cost (695,953 and 695,953 shares, respectively) | (1,631,966) | (1,631,966) |
| Accumulated deficit | (107,746,831) | (96,984,297) |
| Stockholders’ deficit | (20,693,903) | (15,347,675) |
| Non-controlling interest | (55,522) | (55,144) |
| Total Stockholders’ Deficit | (20,749,425) | (15,402,819) |
| Total Liabilities and Stockholders’ Deficit | $9,238,440 | $8,515,846 |
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