For the quarter ending 2025-09-30, SURG made $44,310,545 in revenue. -$7,489,068 in net income. Net profit margin of -16.90%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Interest expense | - | - | 119,434 | 162,332 |
| Impairment loss - internal use software development costs | - | - | - | 79,148.5 |
| Impairment loss - goodwill | - | - | - | 216,695.5 |
| Provision for income tax benefit (expense) | 0 | 0 | - | 107,666.667 |
| Loss on lease termination | 0 | - | - | 0.333 |
| Realized gains - investments | - | - | - | 3,403.25 |
| Interest income | 0 | 7,008 | 56,903 | -26,047.333 |
| Impairment loss - centercom | - | - | - | 124,568.25 |
| Other income | 0 | - | 7,140 | -119.5 |
| Gain on investment in centercom | - | - | - | 8,466 |
| Unrealized gains - investments | 0 | - | - | - |
| Dividends, interest and other income - investments | 0 | - | - | 89,641 |
| Gain on investment in centercom | 0 | 0 | - | - |
| Interest expense | 424,665 | 212,419 | - | - |
| Amortization of debt discount | 114,492 | 66,887 | - | - |
| Total other income (expense) - net | -539,157 | -272,298 | -55,391 | -912,149 |
| Revenues | 18,680,317 | 11,518,166 | 10,577,429 | 20,512,888.5 |
| General and administrative expenses | 4,353,684 | 4,155,843 | 4,637,556 | 6,788,386 |
| Cost of revenues | 21,276,771 | 14,172,832 | 13,519,775 | 22,037,270.5 |
| Total costs and expenses | 25,630,455 | 18,328,675 | 18,157,331 | 28,825,656.5 |
| Loss from operations | -6,950,138 | -6,810,509 | -7,579,902 | -8,312,768 |
| Net loss before provision for income taxes | -7,489,295 | -7,082,807 | -7,635,293 | -9,224,917 |
| Net loss including non-controlling interest | -7,489,295 | -7,082,807 | -7,635,293 | -9,386,417 |
| Non-controlling interest | -227 | -209 | -209 | -92,361 |
| Net loss available to common stockholders | -7,489,068 | -7,082,598 | -7,635,084 | -9,294,056 |
| Basic | -0.38 | -0.36 | -0.38 | -0.5 |
| Basic | 19,839,159 | 19,889,442 | 20,068,929 | -10,000,689 |
| Diluted | -0.38 | -0.36 | -0.38 | -0.5 |
| Diluted | 19,839,159 | 19,889,442 | 20,068,929 | -10,000,689 |
SurgePays, Inc. (SURG)
SurgePays, Inc. (SURG)