SurgePays, Inc. (SURG)

SurgePays Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1.95	1.73	11.79	14.62	7.04	6.28
Cash & Short-Term Investments	1.95	1.73	11.79	14.62	7.04	6.28
Cash Growth	-55.63%	-85.31%	-19.37%	107.83%	11.97%	832.28%
Accounts Receivable	1.83	4.05	3	9.54	9.23	3.25
Receivables	1.83	4.05	3	9.54	9.23	3.25
Inventory	0.25	0.34	1.78	9.05	11.19	4.36
Prepaid Expenses	0.4	0.58	0.3	0.16	0.11	-
Restricted Cash	0.43	0.28	1	-	-	-
Total Current Assets	4.86	6.98	17.87	33.37	27.56	13.89
Property, Plant & Equipment	0.56	0.72	1.16	0.75	1.07	0.69
Long-Term Investments	-	-	-	0.46	0.35	0.44
Goodwill	-	-	3.3	1.67	1.67	0.87
Other Intangible Assets	0.49	0.82	1.47	2.67	3.17	3.43
Long-Term Deferred Tax Assets	-	-	-	2.84	-	-
Total Assets	9.24	8.52	23.98	41.93	34	19.5

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	10.98	10.34	4.12	7.32	7.51	7.44
Accrued Expenses	-	-	-	0.17	-	0.56
Short-Term Debt	2.26	1.83	-	-	-	-
Current Portion of Long-Term Debt	11.6	5.8	1.69	4.58	2.65	1.68
Current Portion of Leases	0.21	0.22	0.25	0.04	0.04	0.05
Current Income Taxes Payable	-	-	-	0.57	-	-
Current Unearned Revenue	-	-	-	0.02	0.24	0.28
Other Current Liabilities	1.11	-	-	-	13.02	-
Total Current Liabilities	26.16	18.19	6.06	12.71	23.46	10
Long-Term Debt	3.83	5.63	2.34	0.46	5.02	5.51
Long-Term Leases	-	0.1	0.32	0.36	0.4	0.44
Total Liabilities	29.99	23.92	8.71	13.52	28.89	15.95

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.03	0.02	0.02	0.01	0.01	0.01
Additional Paid-In Capital	88.66	83.25	76.84	43.42	40.78	38.66
Retained Earnings	-107.75	-96.98	-60.92	-15.19	-35.8	-35.12
Treasury Stock	-1.63	-1.63	-0.63	-	-	-
Total Common Equity	-20.69	-15.35	15.32	28.25	4.99	3.55
Minority Interest	-0.06	-0.06	-0.05	0.15	0.13	-
Shareholders' Equity	-20.75	-15.4	15.26	28.4	5.12	3.55
Total Liabilities & Equity	9.24	8.52	23.98	41.93	34	19.5

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	17.9	13.58	4.59	5.44	8.11	7.68
Net Cash (Debt)	-15.95	-11.85	7.2	9.18	-1.08	-1.4
Net Cash Growth	-	-	-21.57%	-	-	-
Net Cash Per Share	-0.71	-0.59	0.38	0.61	-0.09	-0.32
Filing Date Shares Outstanding	52.21	25.12	20.41	19.29	14.12	12.05
Total Common Shares Outstanding	26.51	21.15	20.07	14.4	14.12	12.06
Working Capital	-21.3	-11.21	11.81	20.66	4.1	3.89
Book Value Per Share	-0.78	-0.73	0.76	1.96	0.35	0.29
Tangible Book Value	-21.19	-16.17	10.54	23.92	0.16	-0.75
Tangible Book Value Per Share	-0.80	-0.76	0.53	1.66	0.01	-0.06
Machinery	1.3	1.3	1.3	1.09	1.09	0.37
Leasehold Improvements	0.32	0.32	0.31	-	-	-

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 19, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 4, 2026

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