Surgepays, INC 10-Q quarterly reports

SurgePays, Inc. reported a net loss of $12.05 million for Q1 2026, with revenues increasing 51.1% year-over-year, while also addressing Nasdaq's minimum bid price and market value deficiencies.

SurgePays reports a significant revenue drop and worsening liquidity, shifting to a stockholders' deficit, primarily due to the cessation of the Affordable Connectivity Program.

SurgePays, Inc. reports a significant increase in net loss and substantial cash burn in Q2 2025, driven by the cessation of the Affordable Connectivity Program, despite growth in its Point-of-Sale segment.

SurgePays, Inc. reports a significant revenue decrease in Q1 2025 due to the Affordable Connectivity Program's (ACP) conclusion, while focusing on new initiatives and strategic opportunities.

SurgePays experienced a significant revenue decline in Q3 2024 due to the cessation of the Affordable Connectivity Program (ACP), while also focusing on strategic shifts and new business opportunities.

SurgePays experienced a significant revenue decrease in Q2 2024 due to the cessation of the Affordable Connectivity Program (ACP), despite a strong cash position.

SurgePays experienced a revenue decrease in Q1 2024, primarily due to a decline in lead generation services and a shift in focus from the Affordable Connectivity Program (ACP), while also seeing a significant increase in cash due to a capital raise.