Konatel, INC

KonaTel, Inc. reported a revenue decline to $8.5 million for fiscal year 2025, driven by the loss of government-subsidized mobile programs, while pivoting toward wholesale POTS replacement services.

KonaTel, Inc. announced third quarter 2025 financial results, showing a 31% revenue decrease year-over-year but significant improvements in operating and net losses, driven by strategic shifts to CPaaS and wireless POTS.

KonaTel, Inc. announced an amendment to its Membership Interest Purchase Agreement with Excess Telecom, halting the full sale of IM Telecom and restructuring operational and financial arrangements.

KonaTel, Inc. announced the official election of Paul LaPier as its corporate Secretary, effective September 19, 2025.

KonaTel, Inc. reported a 50.3% revenue decline in Q2 2025 due to the cancellation of the Affordable Connectivity Program, leading to wider net losses.

Jeffrey R. Pearl resigns from KonaTel's Board of Directors, citing a lack of regular board meetings and ongoing company challenges.

KonaTel, Inc. filed its Q1 2026 10-Q report, showing a decrease in revenue and a narrowed net loss, with a strategic focus on higher-margin Hosted Services.

KonaTel, Inc. reported a net loss of $45,094 for Q3 2025 and a $2.15 million net loss for the nine months ended September 30, 2025, driven by a significant revenue decrease following the ACP Program's expiration and a shift in its IM Telecom strategy.

KonaTel, Inc. reported a significant revenue decrease and widening net losses for Q2 2025, raising substantial doubt about its ability to continue as a going concern.

KonaTel's Q1 2025 revenue decreased due to the expiration of the Affordable Connectivity Program (ACP), leading to a net loss compared to the previous year's net income.

KonaTel's Q3 2024 results show a net income of $5.78 million for the nine months ended September 30, 2024, driven by the sale of a portion of IM Telecom, but faces challenges due to the end of the ACP program and regulatory issues in California.

KonaTel, Inc. reports a significant turnaround in Q2 2024, achieving net income of $6.97 million, driven by the sale of a 49% stake in IM Telecom and a strategic focus on higher-margin services.

KonaTel, Inc. reports a net loss of $2.6 million for fiscal year 2025 as it pivots focus toward its higher-margin Hosted Services segment following the termination of the ACP program.

KonaTel, Inc. announces a net income of $4.49 million for the year ended December 31, 2024, driven by the sale of a 49% membership interest in IM Telecom to Excess Telecom.

KonaTel Inc. experienced a decrease in revenue and a net loss for the year ended December 31, 2023, while strategically realigning its business and paying off significant debt.

KonaTel, Inc. director Robert Matthew Beaty has reported changes in his beneficial ownership of company stock options and common stock.

A KonaTel, Inc. director reported the expiration of 25,000 stock options unexercised.

KonaTel Director Robert Matthew Beaty exercised 25,000 stock options and increased his direct common stock ownership to 199,068 shares.

KonaTel, Inc.'s Chairman and CEO, David S. McEwen, exercised options to acquire 375,000 shares of common stock, increasing his direct beneficial ownership.

KonaTel Director Robert Matthew Beaty increased his direct beneficial ownership of common stock by 14,612 shares through option exercise and share conveyance.

Jeffrey Pearl, a former director of KonaTel, Inc., filed a Form 4 detailing his stock ownership, including common stock and options.

KonaTel, Inc. Chairman and CEO, D. Sean McEwen, increased his beneficial ownership to 37.2% of the company's common stock by exercising 375,000 non-compensatory stock options.