SurgePays Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2.51	11.79	14.62	7.04	6.28	0.67
Cash & Short-Term Investments	2.51	11.79	14.62	7.04	6.28	0.67
Cash Growth	-89.40%	-19.37%	107.83%	11.97%	832.28%	94.77%
Accounts Receivable	4.29	3	9.54	9.23	3.25	0.39
Receivables	4.29	3	9.54	9.23	3.25	0.39
Inventory	1.92	1.78	9.05	11.19	4.36	0.18
Prepaid Expenses	0.28	0.3	0.16	0.11	-	0.01
Restricted Cash	0.22	1	-	-	-	-
Total Current Assets	9.23	17.87	33.37	27.56	13.89	1.25
Property, Plant & Equipment	0.81	1.16	0.75	1.07	0.69	0.61
Long-Term Investments	-	-	0.46	0.35	0.44	0.41
Goodwill	3.3	3.3	1.67	1.67	0.87	0.87
Other Intangible Assets	0.98	1.47	2.67	3.17	3.43	4.13
Long-Term Deferred Tax Assets	-	-	2.84	-	-	-
Other Long-Term Assets	-	-	-	-	-	0.06
Total Assets	14.49	23.98	41.93	34	19.5	7.33
Accounts Payable	8.54	3.96	7.32	7.51	7.44	6.54
Accrued Expenses	-	0.17	0.17	-	0.56	1.25
Short-Term Debt	1.82	-	-	-	-	2.68
Current Portion of Long-Term Debt	7.09	1.69	4.58	2.65	1.68	2.39
Current Portion of Leases	0.23	0.25	0.04	0.04	0.05	0.21
Current Income Taxes Payable	-	-	0.57	-	-	-
Current Unearned Revenue	-	-	0.02	0.24	0.28	0.44
Other Current Liabilities	-	-	-	13.02	-	2.14
Total Current Liabilities	17.67	6.06	12.71	23.46	10	15.66
Long-Term Debt	3.09	2.34	0.46	5.02	5.51	2.24
Long-Term Leases	0.16	0.32	0.36	0.4	0.44	0.16
Total Liabilities	20.92	8.71	13.52	28.89	15.95	18.05
Common Stock	0.02	0.02	0.01	0.01	0.01	0
Additional Paid-In Capital	78.36	76.84	43.42	40.78	38.66	10.86
Retained Earnings	-83.12	-60.92	-15.19	-35.8	-35.12	-21.59
Treasury Stock	-1.63	-0.63	-	-	-	-
Total Common Equity	-6.37	15.32	28.25	4.99	3.55	-10.73
Minority Interest	-0.05	-0.05	0.15	0.13	-	-
Shareholders' Equity	-6.42	15.26	28.4	5.12	3.55	-10.73
Total Liabilities & Equity	14.49	23.98	41.93	34	19.5	7.33
Total Debt	12.38	4.59	5.44	8.11	7.68	7.67
Net Cash (Debt)	-9.87	7.2	9.18	-1.08	-1.4	-6.99
Net Cash Growth	-	-21.57%	-	-	-	-
Net Cash Per Share	-0.50	0.38	0.61	-0.09	-0.32	-3.28
Filing Date Shares Outstanding	21.04	20.41	19.29	14.12	12.05	2.96
Total Common Shares Outstanding	20.07	20.07	14.4	14.12	12.06	2.54
Working Capital	-8.45	11.81	20.66	4.1	3.89	-14.41
Book Value Per Share	-0.32	0.76	1.96	0.35	0.29	-4.22
Tangible Book Value	-10.65	10.54	23.92	0.16	-0.75	-15.72
Tangible Book Value Per Share	-0.53	0.53	1.66	0.01	-0.06	-6.18
Machinery	1.3	1.3	1.09	1.09	0.37	0.32
Leasehold Improvements	0.32	0.31	-	-	-	0.02

Source: S&P Global Market Intelligence. Standard template. Financial Sources.