For the quarter ending 2026-03-31, SURG had $402,950 increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Amortization of internal use software development costs | - | 0 | 0 | 0 |
| Impairment loss - centercom | - | 0 | - | - |
| Recognition of stock based compensation - unvested shares - related parties | - | - | 215,887 | 310,238 |
| Impairment loss - internal use software development costs | - | 0 | - | - |
| Recognition of share based compensation - options - related party | - | - | 0 | 0 |
| Realized gain in sale of investments | - | 0 | - | - |
| Interest expense adjustment - sba loans | - | 0 | 0 | 0 |
| Accounts payable and accrued expenses | - | - | - | 1,179,207 |
| Right-of-use asset lease payment adjustment true up | - | 0 | 0 | 0 |
| Gain on equity method investment - centercom | - | 0 | 0 | 0 |
| Inventory | - | -1,578,047 | -493,200 | 629,452 |
| Cash paid for lease termination | - | 0 | 0 | - |
| Deferred revenue | - | - | 0 | 0 |
| Loss on lease termination - net | - | 0 | 0 | - |
| Deferred income taxes - net | - | 0 | 0 | 0 |
| Accrued income taxes payable | - | 0 | 0 | 0 |
| Deferred revenue | - | 0 | - | - |
| Net loss including non-controlling interest | -12,051,034 | -13,862,313 | -7,489,295 | -14,718,100 |
| Depreciation and amortization | 190,216 | 190,288 | 189,993 | 479,689 |
| Amortization of right-of-use assets | 52,716 | 64,502 | 63,313 | 123,556 |
| Amortization of debt discount/debt issue costs | 437,778 | 578,547 | 114,492 | 66,887 |
| Impairment loss - note receivable | - | 176,851 | - | - |
| Stock issued for services | 334,000 | 615,600 | 25,830 | 0 |
| Recognition of stock based compensation - related parties | - | 939,990 | - | - |
| Recognition of share based compensation - options-Nonrelated Party | 7,787 | 1,149,449 | - | - |
| Recognition of share based compensation - options-Related Party | 49,895 | 552,286 | - | - |
| Change in fair value of derivative liabilities | 30,241 | - | - | - |
| Accounts receivable | 996,674 | -246,060 | 1,610,509 | -319,496 |
| Prepaids and other | -171,081 | 303,291 | 80,129 | -99,957 |
| Accounts payable and accrued expenses-Nonrelated Party | 7,295,002 | 1,883,412 | 4,471,860 | - |
| Accounts payable and accrued expenses-Related Party | 41,589 | -82,694 | 7,395 | - |
| Operating lease liability | -52,914 | -64,956 | -62,061 | -121,052 |
| Advances made for construction-in-process costs | - | - | 0 | - |
| Impairment loss - goodwill-Clear Line Mobile Inc | - | 2,500,000 | - | - |
| Purchase of investments - net | - | 0 | 0 | - |
| Accounts payable and accrued expenses - related party | - | - | - | -192,845 |
| Impairment loss - goodwill-Torch Wireless LLC | - | 800,000 | - | - |
| Proceeds from sale of investments | - | 0 | - | - |
| Net cash used in operating activities | -4,550,799 | -3,564,347 | -4,646,386 | -13,082,419 |
| Cash paid for acquisition of clearline mobile, inc | - | 0 | - | - |
| Purchase of leasehold improvements | - | - | 0 | 18,590 |
| Purchase of property and equipment | - | 18,590 | - | - |
| Net cash used in investing activities | - | 0 | 0 | -18,590 |
| Repayments of loans - related party | - | 0 | 140,440 | 684,419 |
| Proceeds from exercise of common stock warrants | - | 0 | 0 | 0 |
| Treasury shares repurchased (share buy-backs) | - | 0 | 0 | - |
| Proceeds from common stock issued for cash | 2,514,375 | 1,125,253 | 649,383 | 0 |
| Cash paid as direct offering costs - common stock | 375,000 | 64,317 | 58,880 | 0 |
| Proceeds from issuance of notes payable | 954,272 | 4,354,113 | 2,274,698 | - |
| Repayments of notes payable | 347,983 | 4,093,939 | 657,826 | - |
| Proceeds from issuance of convertible notes payable | 2,225,000 | 1,750,000 | 700,000 | 6,000,000 |
| Cash paid as direct offering costs - convertibles note payable | 14,500 | 5,500 | 7,500 | 595,000 |
| Repayments on notes payable - sba government | 2,415 | 2,914 | 2,636 | 5,512 |
| Net decrease in cash, cash equivalents and restricted cash | - | -501,651 | - | - |
| Net cash provided by financing activities | 4,953,749 | 3,062,696 | 2,756,799 | 4,715,069 |
| Net decrease in cash, cash equivalents and restricted cash | 402,950 | -501,651 | -1,889,587 | -8,385,940 |
| Cash, cash equivalents and restricted cash - beginning of period | 2,013,211 | 2,514,862 | 12,790,389 | - |
| Cash, cash equivalents and restricted cash - end of period | 2,416,161 | 2,013,211 | 2,514,862 | - |
SurgePays, Inc. (SURG)
SurgePays, Inc. (SURG)