SurgePays, Inc. (SURG) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 8.21M | 6.98M | 9.23M | 9.69M | 9.85M | 17.87M | 33.91M | 48.72M | 59.06M | 33.37M | 37.25M | 33.73M | 34.21M | 27.56M | 26.98M | 22.75M | 12.4M | 13.89M | 2.84M | 1.35M |
| Cash & Short-Term Investments | 2.42M | 1.73M | 2.74M | 4.4M | 5.4M | 11.79M | 23.72M | 38.43M | 42.95M | 14.62M | 12.73M | 5.19M | 8.86M | 7.04M | 7.89M | 8.7M | 3.44M | 6.28M | 635.53K | 574.82K |
| Cash Only | 2.42M | 1.73M | 2.74M | 4.4M | 5.4M | 11.79M | 13.65M | 38.43M | 42.95M | 14.62M | 12.73M | 5.19M | 8.86M | 7.04M | 7.89M | 8.7M | 3.44M | 6.28M | 635.53K | 574.82K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 10.07M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 5.04M | 4.05M | 4.29M | 2.68M | 2.49M | 3M | 1.51M | 1.41M | 8.27M | 9.54M | 9.77M | 10.29M | 9.66M | 9.23M | 9.47M | 8.32M | 5.64M | 3.25M | 1.67M | 592.44K |
| Days Sales Outstanding | 29.56 | 23.69 | 17.17 | 20.41 | 23.34 | 21.64 | 28.22 | 29.21 | 25.78 | 27.49 | 27.02 | 25.29 | 24.44 | 23.74 | 22.62 | 22.69 | 18.93 | 15.98 | 7.15 | 5.21 |
| Inventory | 339.57K | 339.57K | 1.92M | 2.41M | 1.78M | 1.78M | 8.36M | 8.36M | 7.34M | 9.05M | 14.55M | 18.09M | 15.52M | 11.19M | 9.49M | 5.68M | 3.08M | 4.36M | 502.11K | 175.36K |
| Days Inventory Outstanding | 1.49 | 5.59 | 9.36 | 13.46 | 11.86 | 22.4 | 61.06 | 38.57 | 32.08 | 43.63 | 63.4 | 59.13 | 44.38 | 32.24 | 20.37 | 15.43 | 18.08 | 18.11 | 2.47 | 1.85 |
| Other Current Assets | 410.74K | 863.63K | 278.53K | 0 | 184.6K | 1.3M | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 1.29M | 1.54M | 5.27M | 5.52M | 5.81M | 6.34M | 7.59M | 7.69M | 10.52M | 8.78M | 5.99M | 6.21M | 6.35M | 6.44M | 6.38M | 6.74M | 5.4M | 5.61M | 5.79M | 6.04M |
| Property, Plant & Equipment | 637.37K | 716.93K | 808.26K | 898.42K | 1.03M | 1.16M | 739.07K | 617.55K | 711.57K | 1.29M | 831.15K | 912.47K | 993.66K | 1.07M | 1.19M | 1.34M | 666.87K | 687.12K | 739.14K | 781.63K |
| Fixed Asset Turnover | 23.60x | 21.23x | 21.89x | 11.96x | 9.69x | 10.13x | 7.03x | 22.70x | 31.42x | 30.48x | 39.18x | 37.65x | 33.63x | 32.01x | 28.61x | 27.91x | 31.23x | 19.85x | 19.12x | 12.47x |
| Goodwill | 655.78K | 0 | 3.3M | 3.3M | 3.3M | 3.3M | 4.17M | 4.17M | 4.17M | 1.67M | 1.67M | 1.67M | 1.67M | 1.67M | 1.67M | 1.67M | 866.78K | 866.78K | 866.78K | 866.78K |
| Intangible Assets | 0 | 819.15K | 982.61K | 1.15M | 1.31M | 1.47M | 2.01M | 2.23M | 2.45M | 2.67M | 2.86M | 3.06M | 3.13M | 3.17M | 2.94M | 3.11M | 3.27M | 3.43M | 3.6M | 3.76M |
| Long-Term Investments | 0 | 0 | 176.85K | 0 | 176.85K | 176.85K | 498.27K | 498.27K | 480.56K | 641.26K | 449.84K | 397.95K | 387.24K | 354.21K | 401.19K | 453.62K | 418.11K | 443.29K | 411.06K | 389.98K |
| Other Non-Current Assets | 0 | 0 | 0 | 176.85K | 0 | 232K | 176.85K | 176.85K | 2.72M | -539.42K | 1.2M | 176.85K | 176.85K | 176.85K | 176.85K | 176.85K | 176.85K | 176.85K | 176.85K | 61.46K |
| Total Assets | 9.5M | 8.52M | 14.49M | 15.22M | 15.66M | 23.98M | 41.5M | 56.41M | 69.59M | 42.15M | 43.24M | 39.94M | 40.57M | 34M | 33.36M | 29.49M | 17.8M | 19.5M | 8.63M | 7.39M |
| Asset Turnover | 1.77x | 1.41x | 1.26x | 0.75x | 0.53x | 0.29x | 0.10x | 0.24x | 0.56x | 0.76x | 0.82x | 0.89x | 0.93x | 1.08x | 1.15x | 1.18x | 1.13x | 1.01x | 1.82x | 1.41x |
| Asset Growth % | -39.34% | -64.48% | -65.07% | -73.02% | -77.49% | -43.12% | -4.02% | 41.21% | 71.53% | 23.96% | 29.61% | 35.44% | 127.89% | 74.38% | 286.53% | 299.3% | 102.51% | 166.21% | 12.71% | -9.55% |
| Total Current Liabilities | 25.97M | 18.19M | 17.67M | 8.7M | 5.74M | 6.06M | 5.43M | 6.6M | 9.43M | 12.71M | 14.48M | 18.48M | 25.65M | 23.46M | 26.93M | 21.33M | 8.92M | 10M | 11.24M | 13.63M |
| Accounts Payable | 17.67M | 10.34M | 8.54M | 5.11M | 3.76M | 3.93M | 3.64M | 4.8M | 7.07M | 6.75M | 7.84M | 5.89M | 7.61M | 5.78M | 17.23M | 13.48M | 7.01M | 7.44M | 6.45M | 6.25M |
| Days Payables Outstanding | 61.5 | 46.72 | 29.5 | 28.47 | 25.6 | 16.71 | 30.78 | 29.14 | 27.05 | 26.97 | 26.67 | 23.75 | 22.25 | 35.88 | 41.24 | 36.12 | 35.14 | 51.76 | 46.25 | 55.76 |
| Short-Term Debt | 8.11M | 7.85M | 9.14M | 3.35M | 1.73M | 1.69M | 1.65M | 1.61M | 1.57M | 4.58M | 568.7K | 1.15M | 2.24M | 2.65M | 7.77M | 7.71M | 1.55M | 1.68M | 2.92M | 5.26M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20K | 118K | 0 | 713.32K | 243.11K | 1.9M | 107.5K | 317.7K | 276.25K | 235.5K | 565.9K |
| Other Current Liabilities | 184.98K | 0 | 0 | 0 | 0 | 0 | 100K | 0 | 700K | 570K | 5.96M | 11.39M | 15.04M | 13.02M | 0 | 0 | 0 | 0 | 1.57M | 1.46M |
| Current Ratio | 0.32x | 0.38x | 0.52x | 1.11x | 1.72x | 2.95x | 6.24x | 7.38x | 6.26x | 2.63x | 2.57x | 1.83x | 1.33x | 1.17x | 1.00x | 1.07x | 1.39x | 1.39x | 0.25x | 0.10x |
| Quick Ratio | 0.30x | 0.37x | 0.41x | 0.84x | 1.41x | 2.66x | 4.70x | 6.11x | 5.48x | 1.91x | 1.57x | 0.85x | 0.73x | 0.70x | 0.65x | 0.80x | 1.05x | 0.95x | 0.21x | 0.09x |
| Cash Conversion Cycle | -30.45 | -17.44 | -2.97 | 5.4 | 9.61 | 27.33 | 58.49 | 38.64 | 30.81 | 44.15 | 63.75 | 60.67 | 46.57 | 20.1 | 1.75 | 2 | 1.87 | -17.66 | -36.63 | -48.69 |
| Total Non-Current Liabilities | 7.4M | 5.73M | 3.25M | 6.45M | 2.14M | 2.65M | 2.79M | 3.52M | 3.97M | 1.04M | 4.91M | 4.9M | 4.94M | 5.42M | 5.97M | 5.99M | 6.53M | 5.95M | 7.93M | 3.09M |
| Long-Term Debt | 7.36M | 5.63M | 3.09M | 6.25M | 1.88M | 2.34M | 2.78M | 3.21M | 3.63M | 460.52K | 4.54M | 4.52M | 4.55M | 5.02M | 5.56M | 5.57M | 6.1M | 5.51M | 7.49M | 2.63M |
| Capital Lease Obligations | 40.09K | 99.23K | 157.18K | 198.18K | 259.2K | 319.23K | 13.13K | 317.47K | 342.44K | 356.28K | 367.46K | 378.28K | 388.97K | 399.41K | 409.67K | 419.57K | 429.35K | 438.9K | 447K | 454.34K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 224K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 33.37M | 23.92M | 20.92M | 15.15M | 7.88M | 8.71M | 8.22M | 10.12M | 13.4M | 13.75M | 19.4M | 23.38M | 30.59M | 28.89M | 32.9M | 27.32M | 15.45M | 15.95M | 19.18M | 16.72M |
| Total Debt | 15.51M | 13.58M | 12.38M | 10.05M | 4.12M | 4.59M | 4.49M | 5.23M | 5.63M | 5.44M | 5.52M | 6.09M | 7.22M | 8.11M | 13.77M | 13.73M | 8.11M | 7.68M | 10.92M | 8.44M |
| Net Debt | 13.1M | 11.85M | 9.64M | 5.64M | -1.28M | -7.2M | -9.16M | -33.21M | -37.32M | -9.18M | -7.21M | 905.88K | -1.64M | 1.08M | 5.88M | 5.03M | 4.67M | 1.4M | 10.28M | 7.87M |
| Debt / Equity | - | - | - | 163.63x | 0.53x | 0.30x | 0.13x | 0.11x | 0.10x | 0.19x | 0.23x | 0.37x | 0.72x | 1.58x | 29.67x | 6.32x | 3.45x | 2.16x | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | 2.73x | 4.95x | 0.75x | 0.94x | 1.46x | 2.13x | - | - | - | 86.13x | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | -18.07x | -8.34x | -0.98x | 0.14x | -0.33x | 0.28x | - | - | - | 15.66x | - | - |
| Interest Coverage | -12.70x | -12.00x | -16.64x | -24.36x | -62.93x | -103.57x | -125.58x | -87.57x | 13.34x | 7.40x | 54.81x | 39.76x | 24.46x | 7.18x | -1.54x | -0.48x | -6.34x | -0.03x | -0.34x | 0.90x |
| Total Equity | -23.87M | -15.4M | -6.42M | 61.39K | 7.78M | 15.26M | 33.28M | 46.28M | 56.19M | 28.4M | 23.84M | 16.57M | 9.98M | 5.12M | 464.09K | 2.17M | 2.35M | 3.55M | -10.55M | -9.33M |
| Equity Growth % | -406.73% | -200.93% | -119.31% | -99.87% | -86.15% | -46.27% | 39.56% | 179.39% | 462.94% | 454.94% | 5037.73% | 662.54% | 323.89% | 44.12% | 104.4% | 123.28% | 122.66% | 133.11% | -18.38% | -34.02% |
| Book Value per Share | -1.01 | -0.77 | -0.32 | 0.00 | 0.39 | 0.76 | 1.69 | 2.38 | 3.01 | 1.97 | 1.64 | 1.10 | 0.69 | 0.36 | 0.04 | 0.18 | 0.20 | 0.93 | -3.23 | -3.02 |
| Total Shareholders' Equity | -23.81M | -15.4M | -6.37M | 116.12K | 7.84M | 15.32M | 33.16M | 46.16M | 56.04M | 28.25M | 23.7M | 16.35M | 9.85M | 4.99M | 631.8K | 2.12M | 2.39M | 3.55M | -10.55M | -9.33M |
| Common Stock | 24.89K | 21.85K | 20.77K | 20.43K | 20.43K | 20.43K | 19.93K | 19.43K | 19.43K | 14.4K | 14.34K | 14.29K | 14.18K | 14.12K | 12.5K | 12.35K | 12.06K | 12.06K | 3.29K | 161.5K |
| Retained Earnings | -109.04M | -96.98M | -83.12M | -75.63M | -68.55M | -60.92M | -41.1M | -26.83M | -13.96M | -15.19M | -18.21M | -25.29M | -31.26M | -35.8M | -38.85M | -37.31M | -36.34M | -35.12M | -28.37M | -26.62M |
| Treasury Stock | -1.63M | -1.63M | -1.63M | -1.63M | -631.97K | -631.97K | -485.13K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -55.3K | -55.14K | -54.95K | -54.72K | -54.52K | -54.31K | 118.25K | 122.65K | 142.08K | 154.24K | 146.74K | 217.91K | 126.96K | 127.53K | -167.71K | 48.45K | -32.65K | 0 | 0 | 0 |