Skip to content

SURGEPAYS, INC.: 10-Q filed 2024-08-13

What SURGEPAYS, INC. reported in its quarterly report filed 2024-08-13 (fiscal Q2 2024): 46 published measures, 127 facts as tagged in accession 0001493152-24-031624.

This filing

Form
10-Q (quarterly report)
Filed
2024-08-13
Fiscal period
fiscal Q2 2024
Accession
0001493152-24-031624 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 SURGEPAYS, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2024-06-3056,405,300USD
At 2023-12-3141,925,307USD

Total liabilities

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

PeriodValueUnitDays
At 2024-06-3010,123,420USD
At 2023-12-3113,521,843USD

Stockholders equity

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

PeriodValueUnitDays
At 2024-06-3046,159,231USD
At 2023-12-3128,249,220USD

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
2024-04-01 to 2024-06-30-12,865,765USD91
2024-01-01 to 2024-06-30-11,641,170USD182
2024-01-01 to 2024-03-311,224,595USD91
2023-04-01 to 2023-06-305,965,992USD91
2023-01-01 to 2023-06-3010,512,333USD181
2023-01-01 to 2023-03-314,546,341USD90

Operating cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-30-90,112USD182
2023-01-01 to 2023-06-30224,060USD181

Revenue

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

PeriodValueUnitDays
2024-01-01 to 2024-06-3046,514,834USD182
2023-01-01 to 2023-06-3070,662,876USD181

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2024-04-01 to 2024-06-3015,085,699USD91
2024-01-01 to 2024-06-3046,514,834USD182
2023-04-01 to 2023-06-3035,886,433USD91
2023-01-01 to 2023-06-3070,662,876USD181

Financing cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-3023,902,632USD182
2023-01-01 to 2023-06-30-1,790,312USD181

Investing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30-281,304USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2024-06-30-26,827,373USD
At 2023-12-31-15,186,203USD

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
2024-04-01 to 2024-06-3019,431,549shares91
2024-01-01 to 2024-06-3018,562,416shares182
2023-04-01 to 2023-06-3014,191,083shares91
2023-01-01 to 2023-06-3014,154,163shares181

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
2024-04-01 to 2024-06-3019,431,549shares91
2024-01-01 to 2024-06-3018,562,416shares182
2023-04-01 to 2023-06-3015,076,466shares91
2023-01-01 to 2023-06-3014,811,785shares181

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
2024-04-01 to 2024-06-30-0.66USD/shares91
2024-01-01 to 2024-06-30-0.63USD/shares182
2023-04-01 to 2023-06-300.42USD/shares91
2023-01-01 to 2023-06-300.74USD/shares181

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
2024-04-01 to 2024-06-30-0.66USD/shares91
2024-01-01 to 2024-06-30-0.63USD/shares182
2023-04-01 to 2023-06-300.4USD/shares91
2023-01-01 to 2023-06-300.71USD/shares181

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
2024-04-01 to 2024-06-302,547,000USD91
2024-01-01 to 2024-06-302,970,000USD182

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 2024-06-30221,075USD
At 2023-12-31361,841USD

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
2024-04-01 to 2024-06-30-10,876,053USD91
2024-01-01 to 2024-06-30-9,124,192USD182
2023-04-01 to 2023-06-306,202,501USD91
2023-01-01 to 2023-06-3010,907,563USD181

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 2024-06-3048,718,118USD
At 2023-12-3133,366,661USD

Current liabilities

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

PeriodValueUnitDays
At 2024-06-306,600,396USD
At 2023-12-3112,705,044USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2024-06-304,166,782USD
At 2024-01-052,500,000USD
At 2023-12-311,666,782USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2024-06-301,799,716USD
At 2023-12-312,126,470USD

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 2024-06-301,412,177USD
At 2023-12-319,536,074USD

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
2024-01-01 to 2024-06-3013,863,783USD182
2023-01-01 to 2023-06-306,812,648USD181

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 2024-06-308,363,434USD
At 2023-12-319,046,594USD

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2024-04-01 to 2024-06-3018,528,774USD91
2024-01-01 to 2024-06-3041,775,243USD182
2023-04-01 to 2023-06-3025,860,705USD91
2023-01-01 to 2023-06-3052,942,665USD181

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2024-04-01 to 2024-06-307,432,978USD91
2024-01-01 to 2024-06-3013,863,783USD182
2023-04-01 to 2023-06-303,823,227USD91
2023-01-01 to 2023-06-306,812,648USD181

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 2024-06-3019,431,549shares
At 2023-12-3114,403,261shares

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 2024-06-3072,967,169USD
At 2023-12-3143,421,019USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2024-06-3046,281,880USD
At 2024-03-3156,185,499USD
At 2023-12-3128,403,464USD
At 2023-06-3016,565,437USD
At 2023-03-319,980,770USD
At 2022-12-315,118,253USD

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 2024-06-30396,475USD
At 2024-01-0598,638USD
At 2023-12-31387,869USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2024-06-30413,802USD
At 2023-12-31399,413USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2024-06-304,812,208USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2024-06-301,089,038USD
At 2023-12-311,089,038USD

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 2024-06-30867,963USD
At 2023-12-31727,197USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2024-06-301,799,716USD
At 2023-12-312,126,470USD

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 2024-06-30217,000USD
At 2023-12-313,059,000USD

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
2024-04-01 to 2024-06-30-10,338,196USD91
2024-01-01 to 2024-06-30-8,702,765USD182
2023-04-01 to 2023-06-306,056,947USD91
2023-01-01 to 2023-06-3010,602,712USD181

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-12,885,196USD91
2024-01-01 to 2024-06-30-11,672,765USD182
2023-04-01 to 2023-06-306,056,947USD91
2023-01-01 to 2023-06-3010,602,712USD181

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
2024-04-01 to 2024-06-30-12,865,765USD91
2024-01-01 to 2024-06-30-11,641,170USD182
2023-04-01 to 2023-06-305,965,992USD91
2023-01-01 to 2023-06-3010,512,333USD181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2024-04-01 to 2024-06-3070,383USD91
2024-01-01 to 2024-06-30140,766USD182
2023-04-01 to 2023-06-3070,383USD91
2023-01-01 to 2023-06-30140,766USD181

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2024-04-01 to 2024-06-30163,377USD91
2024-01-01 to 2024-06-30326,754USD182
2023-04-01 to 2023-06-30163,377USD91
2023-01-01 to 2023-06-30326,754USD181

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
2024-04-01 to 2024-06-30537,857USD91
2024-01-01 to 2024-06-30421,427USD182
2023-04-01 to 2023-06-30-145,554USD91
2023-01-01 to 2023-06-30-304,851USD181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2024-01-01 to 2024-06-30259,765USD182
2023-01-01 to 2023-06-30209,840USD181

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2024-01-01 to 2024-06-3017,249,994USD182

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
2024-01-01 to 2024-06-30-8,123,897USD182
2023-01-01 to 2023-06-301,059,014USD181

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
2024-01-01 to 2024-06-30-683,160USD182
2023-01-01 to 2023-06-306,900,674USD181

Inspect the source

Entity
SURGEPAYS, INC. / CIK 0001392694
Captured
2026-09-20T07:59:34.741Z
SEC response SHA-256
9c9a709044aee411bb32ba24e21bd1beb4a496e64e73a7652ccad6c2fe7873d2

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/0001392694.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"])))