SurgePays, Inc. Balance Sheet
SURG|13 years of annual SEC 10-K data (FY2013-FY2025)
Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 13 fiscal years. All figures from audited SEC 10-K filings.
SurgePays, Inc. had $9M in total assets with negative shareholders' equity of $15M as of FY2025. Total debt was $13M against $2M in cash, resulting in $12M net debt.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -9.94 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.7M | $11.8M | - | - | $6.3M | $674.0K | $346.0K | $1.3M | $63.7K | $69.5K | $37.8K | $482 | $316 |
| Accounts Receivable | $4.0M | $3.0M | $9.5M | $9.2M | $3.2M | $180.5K | $3.1M | $206.7K | $56.0K | $126.4K | $275.1K | $367 | $244 |
| Inventory | $339.6K | $1.8M | $9.0M | $11.2M | $4.4M | $178.3K | - | - | - | - | - | - | - |
| Current Assets | $7.0M | $17.9M | $33.4M | $27.6M | $13.9M | $1.3M | $3.6M | $3.1M | $319.6K | $758.8K | $346.0K | $689 | $726 |
| PP&E (Net) | $403.5K | $591.1K | $361.8K | $643.4K | $200.4K | $236.8K | $294.6K | $31.0K | $157.4K | $14.4K | $14.4K | - | $2.1K |
| Goodwill | $3.3M | $1.7M | $1.7M | $1.7M | $866.8K | $866.8K | $866.8K | $866.8K | $866.8K | $866.8K | - | - | - |
| Total Assets | $8.5M | $24.0M | $41.9M | $34.0M | $19.5M | $7.3M | $10.0M | $4.1M | $3.1M | $2.4M | $2.6M | $2.6K | $2.8K |
| Current Liabilities | $18.2M | $6.1M | $12.7M | $23.5M | $10.0M | $15.3M | $7.1M | $4.8M | $2.5M | $4.1M | $2.6M | $889.2K | $833.8K |
| Total Debt | $13.3M | - | - | - | - | $1.1M | $2.2M | $680.0K | $52.2K | $58.7K | $555.9K | - | - |
| Shareholders' Equity | -$15.3M | $15.3M | $28.2M | $5.0M | $3.6M | -$4.7M | -$2.0M | -$617.2K | -$1.8M | -$606.7K | $33.1K | -$831.0K | $114.6K |