Konatel, INC 8-K filings

KonaTel, Inc. disclosed that its 51% owned subsidiary, IM Telecom, received a notice from the FCC regarding alleged Lifeline program rule violations.

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's Q1 2025 revenue decreased by 61.5% due to the cancellation of the Affordable Connectivity Program, but the company is focusing on expanding its hosted services.

KonaTel announces its fiscal year 2024 results, highlighting a decrease in revenue but an increase in net income, and outlines its strategy for growth in 2025 by focusing on higher margin product offerings.

KonaTel and IM Telecom have amended their Membership Interest Purchase Agreement with Excess Telecom to clarify FCC compliance and management services, while releasing a portion of holdback funds.

KonaTel's Q2 2024 results show a revenue decrease of 5.6% year-over-year, but a gross profit increase of 16.2%, as the company navigates the loss of ACP funding and focuses on California expansion and hosted services.

KonaTel's first quarter of 2024 saw a 40% year-over-year revenue increase, driven by diversification and strategic moves, including a significant subsidiary sale.

KonaTel's 2023 financial results show a decrease in revenue and increased net losses compared to 2022, but the company is positioning for growth in 2024 with a focus on higher margin products and services.

KonaTel, Inc. has agreed to sell a 49% stake in its subsidiary IM Telecom to Excess Telecom for $10 million, with a potential additional $5 million earnout if a key government program is renewed.