Red Flags Detected

  • Goodwill Impairment (worsened) — Goodwill impairment charge increased from $866,782 in 2024 to $3,300,000 in 2025, indicating deteriorating asset values.
NASDAQ: SURG SurgePays, Inc. 10-K

SurgePays posts 6% revenue decline as MVNO plunges 69%; working capital swings to $16M deficit

Filed April 15, 2026 · Period ending December 31, 2025 · Compared to 10-K Mar 25, 2025 · ~1 min read

5 material changes detected in this filing.

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View original filing on SEC.gov View full financials on EDGAR ↗

Generated by AI · Jun 3, 2026 3:43 AM