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Segment Information | 12 Months Ended
--- | ---
Dec. 31, 2025
Segment Reporting [Abstract] |
Segment Information | Note 10 – Segment Information Operating segments are defined as components of an enterprise about which separate financial information is available and evaluated regularly by the chief operating decision maker, or decision–making group, in deciding how to allocate resources and in assessing performance. The Company’s chief operating decision maker is its Chief Executive Officer.
SURGEPAYS, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2025 AND 2024
The Company evaluated the performance of its operating segments based on revenue and operating loss. All data below is prior to intercompany eliminations. Segment information for the Company’s operations for the years ended December 31, 2025 and 2024, are as follows: Schedule of Operating Segments
|  | 2025 |  |  | 2024 |
|  | For the Years Ended December 31, |
|  | 2025 |  |  | 2024 |
Revenues |  |  |  |  |  |  |  |
Mobile Virtual Network Operators |  | $ | 13,453,149 |  |  | $ | 43,450,244 |
Point-of-Sale and Prepaid Services |  |  | 43,509,771 |  |  |  | 17,419,088 |
Other Corporate Overhead |  |  | - |  |  |  | 11,841 |
Total |  | $ | 56,962,920 |  |  | $ | 60,881,173 |
Revenues |  | $ | 56,962,920 |  |  | $ | 60,881,173 |
Cost of revenues |  |  |  |  |  |  |  |
Mobile Virtual Network Operators |  | $ | 22,242,341 |  |  | $ | 58,410,842 |
Point-of-Sale and Prepaid Services |  |  | 45,209,470 |  |  |  | 16,779,312 |
Other Corporate Overhead |  |  | 100,000 |  |  |  | 15,218 |
Total |  | $ | 67,551,811 |  |  | $ | 75,205,372 |
Cost of revenues |  | $ | 67,551,811 |  |  | $ | 75,205,372 |
Operating expenses |  |  |  |  |  |  |  |
Mobile Virtual Network Operators |  | $ | 1,284,002 |  |  | $ | 1,204,818 |
Point-of-Sale and Prepaid Services |  |  | 3,412,642 |  |  |  | 3,132,457 |
Other Corporate Overhead |  |  | 15,374,477 |  |  |  | 23,120,877 |
Total |  | $ | 20,071,121 |  |  | $ | 27,458,152 |
Operating expenses |  | $ | 20,071,121 |  |  | $ | 27,458,152 |
Income (loss) from operations |  |  |  |  |  |  |  |
Mobile Virtual Network Operators |  | $ | (10,073,194 | ) |  | $ | (16,165,416 | )
Point-of-Sale and Prepaid Services |  |  | (5,112,341 | ) |  |  | (2,492,681 | )
Other Corporate Overhead |  |  | (18,851,328 | ) |  |  | (24,805,903 | )
Total |  | $ | (34,136,863 | ) |  | $ | (43,464,000 | )
Income (loss) from operations |  | $ | (34,136,863 | ) |  | $ | (43,464,000 | )
SURGEPAYS, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2025 AND 2024
Segment information for the Company’s assets and liabilities at December 31, 2025 and 2024, are as follows:
|  | December 31, 2025 |  |  | December 31, 2024 |
Total Assets |  |  |  |  |  |  |  |
Mobile Virtual Network Operators |  | $ | 4,524,425 |  |  | $ | 8,472,349 |
Point-of-Sale and Prepaid Services |  |  | 2,231,645 |  |  |  | 4,884,817 |
Other Corporate Overhead |  |  | 1,759,776 |  |  |  | 10,618,839 |
Total |  | $ | 8,515,846 |  |  | $ | 23,976,005 |
Total assets |  | $ | 8,515,846 |  |  | $ | 23,976,005 |
Total Liabilities |  |  |  |  |  |  |  |
Mobile Virtual Network Operators |  | $ | 2,632,025 |  |  | $ | 1,505,400 |
Point-of-Sale and Prepaid Services |  |  | 2,768,490 |  |  |  | 103,612 |
Other Corporate Overhead |  |  | 18,518,150 |  |  |  | 7,105,380 |
Total |  | $ | 23,918,665 |  |  | $ | 8,714,392 |
Total liabilities |  | $ | 23,918,665 |  |  | $ | 8,714,392 |
All intercompany accounts are separately presented above as both a component of the assets and liabilities. These amounts net to $0 in the Company’s consolidated balance sheets.

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- Definition The entire disclosure for reporting segments including data and tables. 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