SurgePays, Inc. (SURG)

SurgePays Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	13.65	14.62	7.04	6.28	0.67	0.35
Cash & Short-Term Investments	23.72	14.62	7.04	6.28	0.67	0.35
Cash Growth	86.31%	107.83%	11.97%	832.28%	94.77%	-22.17%
Accounts Receivable	1.51	9.54	9.23	3.25	0.39	3.12
Receivables	1.51	9.54	9.23	3.25	0.39	3.13
Inventory	8.36	9.05	11.19	4.36	0.18	-
Prepaid Expenses	0.31	0.16	0.11	-	0.01	0.1
Total Current Assets	33.91	33.37	27.56	13.89	1.25	3.57
Property, Plant & Equipment	0.74	0.75	1.07	0.69	0.61	0.51
Long-Term Investments	0.5	0.46	0.35	0.44	0.41	0.2
Goodwill	4.17	1.67	1.67	0.87	0.87	0.87
Other Intangible Assets	2.01	2.67	3.17	3.43	4.13	4.77
Long-Term Deferred Tax Assets	-	2.84	-	-	-	-
Other Long-Term Assets	-	-	-	-	0.06	0.07
Total Assets	41.5	41.93	34	19.5	7.33	9.99
Accounts Payable	3.64	7.32	7.51	7.44	6.54	4.64
Accrued Expenses	-	0.17	-	0.56	1.25	-
Short-Term Debt	1.65	-	-	-	2.68	0.91
Current Portion of Long-Term Debt	-	4.58	2.65	1.68	2.39	0.74
Current Portion of Leases	0.05	0.04	0.04	0.05	0.21	0.09
Current Income Taxes Payable	0.1	0.57	-	-	-	-
Current Unearned Revenue	-	0.02	0.24	0.28	0.44	0.04
Other Current Liabilities	-	-	13.02	-	2.14	0.64
Total Current Liabilities	5.43	12.71	23.46	10	15.66	7.05
Long-Term Debt	2.78	0.46	5.02	5.51	2.24	6.64
Long-Term Leases	0.01	0.36	0.4	0.44	0.16	0.12
Other Long-Term Liabilities	-	-	-	-	-	0.87
Total Liabilities	8.22	13.52	28.89	15.95	18.05	14.69
Common Stock	0.02	0.01	0.01	0.01	0	0.1
Additional Paid-In Capital	74.73	43.42	40.78	38.66	10.86	6.06
Retained Earnings	-41.1	-15.19	-35.8	-35.12	-21.59	-10.87
Total Common Equity	33.16	28.25	4.99	3.55	-10.73	-4.71
Minority Interest	0.12	0.15	0.13	-	-	-
Shareholders' Equity	33.28	28.4	5.12	3.55	-10.73	-4.7
Total Liabilities & Equity	41.5	41.93	34	19.5	7.33	9.99
Total Debt	4.49	5.44	8.11	7.68	7.67	8.5
Net Cash (Debt)	19.23	9.18	-1.08	-1.4	-6.99	-8.16
Net Cash Growth	166.77%	-	-	-	-	-
Net Cash Per Share	1.08	0.61	-0.09	-0.32	-3.28	-4.24
Filing Date Shares Outstanding	20.16	19.29	14.12	12.05	2.96	2.07
Total Common Shares Outstanding	19.65	14.4	14.12	12.06	2.54	2.04
Working Capital	28.48	20.66	4.1	3.89	-14.41	-3.48
Book Value Per Share	1.69	1.96	0.35	0.29	-4.22	-2.31
Tangible Book Value	26.98	23.92	0.16	-0.75	-15.72	-10.35
Tangible Book Value Per Share	1.37	1.66	0.01	-0.06	-6.18	-5.06
Machinery	-	1.09	1.09	0.37	0.32	0.31
Leasehold Improvements	-	-	-	-	0.02	0.02

Source: S&P Capital IQ. Standard template. Financial Sources.