SurgePays, Inc.
For the period ended Jun 30, 2025. Filed Aug 13, 2025.
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, 2025 · Filed Aug 13, 2025
SURG$0.16+3.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
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, 2024 | 20,431,549 | $20,435 | $76,842,878 | $(60,915,427) | 362,620 | $(631,967) | $(54,306) | $15,261,613 |
| Recognition of stock based compensation - unvested shares - related parties | - | - | 155,119 | - | - | - | - | 155,119 |
| Non-controlling interest | - | - | - | - | - | - | (209) | (209) |
| Net loss | - | - | - | (7,635,084) | - | - | - | (7,635,084) |
| March 31, 2025 | 20,431,549 | 20,435 | 76,997,997 | (68,550,511) | 362,620 | (631,967) | (54,515) | 7,781,439 |
| Recognition of stock based compensation - unvested shares - related parties | - | - | 155,119 | - | - | - | - | 155,119 |
| Debt discount - convertible note payable - warrants issued | - | - | 207,640 | - | - | - | - | 207,640 |
| Treasury stock reacquired in connection with convertible debt financing | - | - | - | - | 333,333 | (999,999) | - | (999,999) |
| Non-controlling interest | - | - | - | - | - | - | (209) | (209) |
| Net loss | - | - | - | (7,082,598) | - | - | - | (7,082,598) |
| June 30, 2025 | 20,431,549 | 20,435 | 77,360,756 | (75,633,109) | 695,953 | (1,631,966) | (54,724) | 61,392 |
Consolidated Statements of Changes in Stockholders’ Equity
| 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 |
| 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 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.