SurgePays, Inc. (SURG) quarterly cash flow statement — complete operating, investing & financing 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 |
|---|
| Cash from Operations | -4.55M | -3.56M | -4.65M | -6.12M | -6.96M | -7.9M | -13.32M | -4.13M | 4.04M | 1.96M | 8.11M | -2.64M | 2.87M | 4.74M | -802.97K | 175.48K | -3.32M | -8.14M | -2.29M | -1.42M |
| Operating CF Margin % | -28.47% | -22.02% | -24.87% | -53.12% | -65.83% | -82.3% | -279.32% | -27.38% | 12.85% | 6.06% | 23.73% | -7.36% | 8.24% | 13.1% | -2.22% | 0.63% | -15.72% | -57.53% | -15.75% | -12.48% |
| Operating CF Growth % | 34.65% | 54.87% | 65.12% | -48.15% | -272.36% | -503.44% | -264.36% | -56.34% | 40.98% | -58.74% | 1109.46% | -1605.41% | 186.23% | 158.26% | 64.92% | 112.36% | 3.25% | -758.67% | -99.64% | -19.61% |
| Net Income | -12.05M | -13.86M | -7.49M | -7.08M | -7.64M | -19.99M | -14.28M | -12.89M | 1.21M | 3.03M | 7.01M | 6.06M | 4.55M | 3.34M | -1.54M | -891.94K | -1.24M | -6.84M | -1.66M | -213.98K |
| Depreciation & Amortization | 242.93K | 254.79K | 0 | 292.39K | 310.85K | 360.39K | 525.01K | 313.1K | 312.83K | 277.08K | 276.96K | 276.83K | 276.71K | 279.42K | 312.36K | 201.9K | 195.02K | 215.41K | 211.28K | 207.96K |
| Stock-Based Compensation | 7.79K | 2.12M | 0 | 0 | 155.12K | 2.12M | 0 | 2.98M | 1.5M | 501.65K | 9.29K | 9.29K | 9.29K | 112.79K | 0 | 9.29K | 9.29K | -4.87K | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 791.43K | 4.67M | 609.29K | 221.8K | 0 | 1.55M | 1.47M | -68.72K | 369K | 1.1M | 203.75K | 300.48K | 274.43K | 26.16M | -6.03K | -309.99K | 25.18K | -203K | 707.3K | -2.6M |
| Working Capital Changes | 6.46M | 3.26M | 2.23M | 449.47K | 205.84K | 8.06M | -1.04M | 5.53M | 642.18K | -2.95M | 602.51K | -9.29M | -2.24M | -25.15M | 430.9K | 1.17M | -2.31M | -1.31M | -1.55M | 1.19M |
| Change in Receivables | -996.67K | 246.06K | -1.61M | -193.82K | 513.32K | -1.49M | -101.82K | 6.86M | 1.26M | 148.34K | 514.95K | -629.83K | -429.19K | 296.54K | -1.14M | -2.68M | -2.39M | -1.61M | -1.08M | 11.7K |
| Change in Inventory | 0 | 1.58M | 493.2K | -629.45K | 0 | 6.58M | 296 | -1.02M | 1.7M | 5.5M | 3.54M | -2.56M | -4.34M | -1.69M | -3.87M | -2.6M | 1.28M | -3.86M | -326.75K | -16.2K |
| Change in Payables | 7.34M | 1.8M | 3.49M | 1.35M | -361.22K | 2.99M | -1.16M | -2.27M | -2.42M | -348.34K | 1.94M | -1.72M | 95.56K | -9.09M | 3.75M | 6.47M | -977.63K | 4.11M | 186.93K | 1.37M |
| Cash from Investing | 0 | 0 | 0 | 0 | -18.59K | 7.58M | -10.59M | 0 | 0 | 0 | 0 | -124.26K | -157.04K | -388.97K | 1.79K | -1.1M | -11.4K | -12 | -5.41K | -368.68K |
| Capital Expenditures | 0 | 0 | 0 | 0 | -18.59K | 0 | -518.19K | 0 | 0 | 0 | 0 | -124.26K | -157.04K | -1.79K | 1.79K | -300K | -11.4K | -12 | -5.41K | -43.37K |
| CapEx % of Revenue | - | - | 0% | 0% | 0.18% | - | 10.86% | - | - | - | - | 0.35% | 0.45% | 0% | 0% | 1.07% | 0.05% | 0% | 0.04% | 0.38% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 325.32K | -325.32K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 7.67M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -387.18K | 0 | -800K | 0 | 0 | -325.32K | 0 |
| Cash from Financing | 4.95M | 3.06M | 2.76M | 5.13M | -410.55K | -545.4K | -873.72K | -380.33K | 24.28M | -67.04K | -562.29K | -907.99K | -882.32K | -5.21M | -11.3K | 6.19M | 494.39K | 13.79M | 2.36M | 760.93K |
| Debt Issued (Net) | 2.83M | -13.07M | 1.51M | 5.72M | -410.55K | -398.56K | -388.59K | -380.33K | -371.29K | -67.04K | -562.29K | -1.12M | -882.32K | -5.21M | -11.3K | 6.19M | 494.39K | -3.77M | 2.36M | 760.93K |
| Equity Issued (Net) | 2.51M | 1.13M | 649.38K | 0 | -2.77K | -146.84K | -1.88M | 0 | 17.25M | 0 | 0 | 0 | 0 | 473 | 0 | 0 | 0 | 19.79M | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | -2.77K | -146.84K | -485.13K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -389.5K | 15.01M | 595K | -595K | 2.77K | 0 | 1.4M | 0 | 7.4M | 0 | 0 | 207.24K | 0 | 0 | 0 | 0 | 0 | -2.22M | 0 | 0 |
| Net Change in Cash | 402.95K | -501.65K | -1.66M | -993.32K | -7.39M | -861.17K | -24.78M | -4.51M | 28.32M | 1.89M | 7.54M | -3.67M | 1.83M | -856.4K | -812.48K | 5.26M | -2.84M | 5.65M | 60.7K | -1.03M |
| Free Cash Flow | -4.55M | -3.56M | -4.65M | -6.12M | -6.98M | -7.9M | -13.84M | -4.13M | 4.04M | 1.96M | 8.11M | -2.77M | 2.71M | 4.36M | -801.18K | -124.52K | -3.33M | -8.14M | -2.29M | -1.46M |
| FCF Margin % | -28.47% | -22.02% | -24.87% | -53.12% | -66.01% | -82.3% | -290.18% | -27.38% | 12.85% | 6.06% | 23.73% | -7.71% | 7.79% | 12.02% | -2.21% | -0.44% | -15.77% | -57.53% | -15.78% | -12.86% |
| FCF Growth % | 34.82% | 54.87% | 66.43% | -48.15% | -272.82% | -503.44% | -270.76% | -49.32% | 49.15% | -55.05% | 1111.71% | -2121.38% | 181.22% | 153.48% | 65.08% | 91.49% | 3% | -756.45% | -99.88% | -23.29% |
| FCF per Share | -0.19 | -0.18 | -0.23 | -0.31 | -0.35 | -0.39 | -0.70 | -0.21 | 0.22 | 0.14 | 0.56 | -0.18 | 0.19 | 0.31 | -0.06 | -0.01 | -0.28 | -2.13 | -0.70 | -0.47 |
| FCF Conversion (FCF/Net Income) | 0.38x | 0.26x | 0.62x | 0.86x | 0.91x | 0.40x | 0.93x | 0.32x | 3.30x | 0.65x | 1.14x | -0.44x | 0.63x | 1.56x | 0.52x | -0.18x | 2.74x | 1.19x | 1.38x | 6.64x |
| Interest Paid | 0 | 0 | 0 | 0 | 90.86K | 97.63K | 0 | 130.76K | 129K | 12.49K | 0 | 109.77K | 100.07K | 327.06K | 0 | 187.4K | 8.55K | 748.85K | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |