Skip to content

SURGE COMPONENTS, INC.: 10-Q filed 2025-10-15

What SURGE COMPONENTS, INC. reported in its quarterly report filed 2025-10-15 (fiscal Q3 2025): 46 published measures, 125 facts as tagged in accession 0001213900-25-098987.

This filing

Form
10-Q (quarterly report)
Filed
2025-10-15
Fiscal period
fiscal Q3 2025
Accession
0001213900-25-098987 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All SURGE COMPONENTS, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2025-08-3127,173,456USD
At 2024-11-3025,444,525USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2025-08-316,290,531USD
At 2024-11-305,955,445USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2025-08-3120,882,925USD
At 2024-11-3019,489,080USD
At 2024-08-3119,334,522USD
At 2023-11-3018,568,901USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2025-06-01 to 2025-08-31472,205USD92
2024-12-01 to 2025-08-31647,525USD274
2024-06-01 to 2024-08-31444,352USD92
2023-12-01 to 2024-08-31570,290USD275

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2024-12-01 to 2025-08-31184,801USD274
2023-12-01 to 2024-08-31954,964USD275

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2024-12-01 to 2025-08-31117,704USD274
2023-12-01 to 2024-08-3110,991USD275

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2025-06-01 to 2025-08-3110,274,031USD92
2024-12-01 to 2025-08-3126,422,494USD274
2024-06-01 to 2024-08-317,970,316USD92
2023-12-01 to 2024-08-3122,369,017USD275

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2024-12-01 to 2025-08-3132,250USD274

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2024-12-01 to 2025-08-31-1,568,942USD274
2023-12-01 to 2024-08-31-4,443,046USD275

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2025-08-312,315,164USD
At 2024-11-301,672,639USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2025-06-01 to 2025-08-315,706,732shares92
2024-12-01 to 2025-08-315,646,723shares274
2024-06-01 to 2024-08-315,582,783shares92
2023-12-01 to 2024-08-315,580,342shares275

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2025-06-01 to 2025-08-315,820,084shares92
2024-12-01 to 2025-08-315,760,074shares274
2024-06-01 to 2024-08-315,762,806shares92
2023-12-01 to 2024-08-315,760,365shares275

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2025-06-01 to 2025-08-310.08USD/shares92
2024-12-01 to 2025-08-310.11USD/shares274
2024-06-01 to 2024-08-310.08USD/shares92
2023-12-01 to 2024-08-310.1USD/shares275

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2025-06-01 to 2025-08-310.08USD/shares92
2024-12-01 to 2025-08-310.11USD/shares274
2024-06-01 to 2024-08-310.08USD/shares92
2023-12-01 to 2024-08-310.1USD/shares275

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2025-06-01 to 2025-08-31287,479USD92
2024-12-01 to 2025-08-31353,593USD274
2024-06-01 to 2024-08-31179,130USD92
2023-12-01 to 2024-08-31234,383USD275

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2025-08-31175,544USD
At 2024-11-30110,727USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2024-12-01 to 2025-08-31518,954USD274
2023-12-01 to 2024-08-3115,000USD275

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2025-06-01 to 2025-08-31658,833USD92
2024-12-01 to 2025-08-31716,937USD274
2024-06-01 to 2024-08-31535,362USD92
2023-12-01 to 2024-08-31563,373USD275

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2025-08-3125,711,647USD
At 2024-11-3023,988,198USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2025-08-315,525,876USD
At 2024-11-305,078,637USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2025-08-314,036,163USD
At 2024-11-303,344,952USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2025-08-316,846,874USD
At 2024-11-305,960,418USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2025-06-01 to 2025-08-312,185,870USD92
2024-12-01 to 2025-08-316,861,871USD274
2024-06-01 to 2024-08-311,952,208USD92
2023-12-01 to 2024-08-315,968,890USD275

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2025-08-315,579,646USD
At 2024-11-305,000,707USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2025-06-01 to 2025-08-312,844,703USD92
2024-12-01 to 2025-08-317,578,808USD274
2024-06-01 to 2024-08-312,487,570USD92
2023-12-01 to 2024-08-316,532,263USD275

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2025-08-315,706,732shares
At 2024-11-305,582,783shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2025-08-314,275,802USD
At 2024-11-305,627,693USD
At 2024-08-314,146,717USD
At 2023-11-307,634,799USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2025-08-3118,382,350USD
At 2024-11-3017,725,520USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2025-08-31179,696USD
At 2024-11-3085,330USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2025-08-31994,076USD
At 2024-11-301,050,445USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2025-08-311,881,043USD
At 2024-11-301,828,156USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2025-08-3134,299USD
At 2024-11-3034,299USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2025-08-31555,318USD
At 2024-11-30688,640USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2025-08-31343,358USD
At 2024-11-30290,401USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2025-08-31257,890USD
At 2024-11-30260,856USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2025-06-01 to 2025-08-31759,684USD92
2024-12-01 to 2025-08-311,001,118USD274
2024-06-01 to 2024-08-31623,482USD92
2023-12-01 to 2024-08-31804,673USD275

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2025-06-01 to 2025-08-31524,187USD92
2024-12-01 to 2025-08-31741,891USD274
2024-06-01 to 2024-08-31592,663USD92
2023-12-01 to 2024-08-31756,249USD275

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2025-06-01 to 2025-08-31469,705USD92
2024-12-01 to 2025-08-31642,525USD274
2024-06-01 to 2024-08-31441,852USD92
2023-12-01 to 2024-08-31565,290USD275

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2025-06-01 to 2025-08-311,446,788USD92
2024-12-01 to 2025-08-314,755,491USD274
2024-06-01 to 2024-08-311,250,294USD92
2023-12-01 to 2024-08-313,887,238USD275

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2025-06-01 to 2025-08-31100,851USD92
2024-12-01 to 2025-08-31284,181USD274
2024-06-01 to 2024-08-3188,120USD92
2023-12-01 to 2024-08-31241,300USD275

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2024-12-01 to 2025-08-31356,559USD274
2023-12-01 to 2024-08-31236,687USD275

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2024-12-01 to 2025-08-312,966USD274
2023-12-01 to 2024-08-312,304USD275

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2024-12-01 to 2025-08-31318,472USD274
2023-12-01 to 2024-08-31257,295USD275

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2024-12-01 to 2025-08-31927,074USD274
2023-12-01 to 2024-08-31-495,539USD275

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2024-12-01 to 2025-08-31578,939USD274
2023-12-01 to 2024-08-31287,470USD275

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2024-12-01 to 2025-08-31691,211USD274
2023-12-01 to 2024-08-31332,812USD275

Inspect the source

Entity
SURGE COMPONENTS, INC. / CIK 0000747540
Captured
2026-09-19T15:01:40.559Z
SEC response SHA-256
38e3c0ba834af2e8c727844d85f443cef0fae49c86bd7dff3ed2ac029a11386f

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000747540.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))