2022 Q4 Form 10-Q Financial Statement

#000149315222032195 Filed on November 14, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $36.23M $36.17M $14.54M
YoY Change 155.92% 148.8% 13.56%
Cost Of Revenue $29.50M $34.25M $12.63M
YoY Change 138.96% 171.08% 12.65%
Gross Profit $6.724M $1.921M $1.903M
YoY Change 271.65% 0.91% 20.02%
Gross Profit Margin 18.56% 5.31% 13.09%
Selling, General & Admin $2.913M $2.933M $2.098M
YoY Change -21.86% 39.79% -27.76%
% of Gross Profit 43.32% 152.71% 110.23%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $268.9K $140.3K $181.1K
YoY Change 49.35% -22.53% -40.94%
% of Gross Profit 4.0% 7.31% 9.52%
Operating Expenses $3.180M $2.933M $2.279M
YoY Change -18.63% 28.68% -29.01%
Operating Profit $3.544M -$1.012M -$375.9K
YoY Change -268.85% 169.33% -76.87%
Interest Expense -$520.1K -$686.0K -$1.418M
YoY Change -147.63% -51.64% 61.72%
% of Operating Profit -14.68%
Other Income/Expense, Net $316.3K -$744.0K $0.00
YoY Change -105.0%
Pretax Income $3.340M -$1.756M -$1.658M
YoY Change -148.8% 5.94% -33.74%
Income Tax
% Of Pretax Income
Net Earnings $3.045M -$1.540M -$1.658M
YoY Change -144.49% -7.1% -33.74%
Net Earnings / Revenue 8.4% -4.26% -11.4%
Basic Earnings Per Share -$0.12 -$0.51
Diluted Earnings Per Share $0.24 -$123.8K -$507.9K
COMMON SHARES
Basic Shares Outstanding 12.53M shares 12.41M shares 3.264M shares
Diluted Shares Outstanding 12.44M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.036M $7.892M $635.5K
YoY Change 11.97% 1141.81% 50.84%
Cash & Equivalents $7.036M $7.892M $635.5K
Short-Term Investments
Other Short-Term Assets $111.5K $131.9K $35.00K
YoY Change 276.71% -86.62%
Inventory $11.19M $9.492M $502.1K
Prepaid Expenses $111.5K $131.9K
Receivables $9.230M $9.467M $1.668M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $27.56M $26.98M $2.840M
YoY Change 98.41% 850.04% 137.26%
LONG-TERM ASSETS
Property, Plant & Equipment $643.4K $747.1K $739.1K
YoY Change 220.97% 1.07% 10.44%
Goodwill $1.667M $1.667M
YoY Change 92.3%
Intangibles $2.780M $2.943M
YoY Change -19.03%
Long-Term Investments $354.2K $401.2K $411.1K
YoY Change -20.1% -2.4% -9.99%
Other Assets
YoY Change
Total Long-Term Assets $6.440M $6.377M $5.791M
YoY Change 14.84% 10.13% -10.37%
TOTAL ASSETS
Total Short-Term Assets $27.56M $26.98M $2.840M
Total Long-Term Assets $6.440M $6.377M $5.791M
Total Assets $34.00M $33.36M $8.631M
YoY Change 74.38% 286.53% 12.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.513M $17.23M $6.453M
YoY Change -6.0% 166.98% 279.63%
Accrued Expenses $39.49K $38.61K $68.30K
YoY Change -19.98% -43.47% 36.19%
Deferred Revenue
YoY Change
Short-Term Debt $2.650M $7.766M $2.919M
YoY Change 57.73% 166.07% 219.74%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $23.46M $26.93M $11.24M
YoY Change 134.68% 139.52% -6.07%
LONG-TERM LIABILITIES
Long-Term Debt $5.022M $5.557M $7.486M
YoY Change -8.89% -25.78% 122.81%
Other Long-Term Liabilities $399.4K $409.7K $447.0K
YoY Change -9.0% -8.35% -63.82%
Total Long-Term Liabilities $5.421M $5.966M $7.933M
YoY Change -8.9% -24.79% 72.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $23.46M $26.93M $11.24M
Total Long-Term Liabilities $5.421M $5.966M $7.933M
Total Liabilities $28.89M $32.90M $19.18M
YoY Change 81.11% 71.54% 15.76%
SHAREHOLDERS EQUITY
Retained Earnings -$35.80M -$38.85M
YoY Change 1.94%
Common Stock $14.12K $12.50K
YoY Change 17.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.991M $631.8K -$10.55M
YoY Change
Total Liabilities & Shareholders Equity $34.00M $33.36M $8.631M
YoY Change 74.38% 286.53% 12.71%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income $3.045M -$1.540M -$1.658M
YoY Change -144.49% -7.1% -33.74%
Depreciation, Depletion And Amortization $268.9K $140.3K $181.1K
YoY Change 49.35% -22.53% -40.94%
Cash From Operating Activities $4.744M -$803.0K -$2.289M
YoY Change -158.26% -64.92% 99.64%
INVESTING ACTIVITIES
Capital Expenditures $1.790K $1.790K -$5.420K
YoY Change -18000.0% -133.03% 313.74%
Acquisitions
YoY Change
Other Investing Activities -$387.2K $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$389.0K $1.790K -$5.410K
YoY Change 3889600.0% -133.09% -139.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.212M -11.29K 2.355M
YoY Change -137.79% -100.48% 93.93%
NET CHANGE
Cash From Operating Activities 4.744M -803.0K -2.289M
Cash From Investing Activities -389.0K 1.790K -5.410K
Cash From Financing Activities -5.212M -11.29K 2.355M
Net Change In Cash -856.4K -812.5K 60.70K
YoY Change -115.16% -1438.5% -25.54%
FREE CASH FLOW
Cash From Operating Activities $4.744M -$803.0K -$2.289M
Capital Expenditures $1.790K $1.790K -$5.420K
Free Cash Flow $4.743M -$804.8K -$2.284M
YoY Change -158.23% -64.76% 99.39%

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us-gaap Share Based Compensation
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments For Software
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us-gaap Payments To Acquire Businesses Gross
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us-gaap Cash Divested From Deconsolidation
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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SURG Repayments Of Short Term Debt Excluding Notes Payable
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us-gaap Proceeds From Convertible Debt
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Interest Paid Net
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us-gaap Stock Issued1
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SURG Conversion Of Debt Into Equity
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SURG Rightofuse Asset Obtained In Exchange For New Operating Lease Liability
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SURG Termination Of Ecs Rou Lease
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SURG Stock Issued In Connection With Debt Modification
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SURG Shares Issued Under Makewhole Arrangement
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SURG Stock Issued For Acquisition Of Membership Interest In Ecs
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SURG Deconsolidation Of Subsidiary True Wireless
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us-gaap Net Income Loss
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CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
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CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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SURG Working Capital Deficit
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CY2022Q3 us-gaap Cash
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us-gaap Reimbursement From Limited Partnership Investment
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CY2022Q3 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
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us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
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CY2022Q3 us-gaap Goodwill
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CY2021Q4 us-gaap Goodwill
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us-gaap Goodwill Impairment Loss
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us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2022Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2021Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2022Q3 SURG Notes Receivable Gross Due Remainder Of Fiscal Year
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CY2022Q3 SURG Notes Receivable Gross Due In Next Twelve Months
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CY2022Q3 SURG Notes Receivable Gross Due In Year Two
NotesReceivableGrossDueInYearTwo
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CY2022Q3 us-gaap Notes Receivable Gross
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CY2022Q3 SURG Less Interest Receivable
LessInterestReceivable
9674 usd
CY2022Q3 us-gaap Notes Receivable Net
NotesReceivableNet
176851 usd
CY2021Q2 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
1895871 usd
CY2021Q2 us-gaap Notes Receivable Net
NotesReceivableNet
176851 usd
CY2021Q2 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
176851 usd
CY2021Q2 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
325316 usd
CY2021Q2 us-gaap Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
74650 usd
CY2021Q2 us-gaap Disposal Group Including Discontinued Operation Inventory1
DisposalGroupIncludingDiscontinuedOperationInventory1
107089 usd
CY2021Q2 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
20645 usd
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10981 usd
CY2021Q2 SURG Sale Of Assets
SaleOfAssets
538681 usd
CY2021Q2 us-gaap Disposal Group Including Discontinued Operation Accounts Payable And Accrued Liabilities
DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedLiabilities
1183850 usd
CY2021Q2 SURG Disposal Group Including Discontinued Operation Line Of Credit
DisposalGroupIncludingDiscontinuedOperationLineOfCredit
912870 usd
CY2021Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
150000 usd
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
10981 usd
CY2021Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
2257701 usd
CY2021Q2 SURG Liabilities Net Assumed
LiabilitiesNetAssumed
1719020 usd
CY2021Q2 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
1895871 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84B_eus-gaap--UseOfEstimates_z4BT0PNCSxj8" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_868_z0dxP6F6Kauh">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Preparing financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reported period. Actual results could differ from those estimates, and those estimates may be material.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Significant estimates during the nine months ended September 30, 2022 and the year ended December 31, 2021, respectively, include, allowance for doubtful accounts and other receivables, inventory reserves and classifications, valuation of loss contingencies, valuation of derivative liabilities, valuation of stock-based compensation, estimated useful lives related to intangible assets and property and equipment, implicit interest rate in right-of-use operating leases, uncertain tax positions, and the valuation allowance on deferred tax assets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p>
CY2022Q3 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2022Q3 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
137218 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
137218 usd
CY2022Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
CY2021Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
CY2022Q3 us-gaap Inventory Write Down
InventoryWriteDown
51718 usd
us-gaap Inventory Write Down
InventoryWriteDown
51718 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
9492385 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
4359296 usd
CY2022Q3 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2021Q3 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2022Q3 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
CY2021Q3 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
us-gaap Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
<p id="xdx_84C_eus-gaap--DerivativesReportingOfDerivativeActivity_zS3upOyd5Xn7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_867_zfY2MKQP14Q1">Derivative Liabilities</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company analyzes all financial instruments with features of both liabilities and equity under FASB ASC Topic No. 480, (“ASC 480”), “<i>Distinguishing Liabilities from Equity”</i> and FASB ASC Topic No. 815, (“ASC 815”) “<i>Derivatives and Hedging”</i>. Derivative liabilities are adjusted to reflect fair value at each period end, with any increase or decrease in the fair value being recorded in results of operations as adjustments to fair value of derivatives. The Company uses a binomial model to determine fair value.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>SURGEPAYS, INC. AND SUBSIDIARIES</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>SEPTEMBER 30, 2022</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(UNAUDITED)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon conversion of a note for shares of common stock where the embedded conversion option has been bifurcated and accounted for as a derivative liability, the Company records the shares at fair value, relieves all related notes, derivatives, and debt discounts, and recognizes a net gain or loss on debt extinguishment. Equity instruments that are initially classified as equity that become subject to reclassification under ASC Topic 815 are reclassified to liabilities at the fair value of the instrument on the reclassification date.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2021Q3 SURG Percentage Of Total Revenues
PercentageOfTotalRevenues
1 pure
CY2022Q3 us-gaap Deferred Revenue
DeferredRevenue
1896510 usd
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
276250 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
85317860 usd
CY2022Q3 SURG Percentage Of Total Revenues
PercentageOfTotalRevenues
1 pure
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
36905373 usd
CY2022Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
CY2022Q3 us-gaap Investments
Investments
401190 usd
CY2021Q4 us-gaap Investments
Investments
443288 usd
CY2022Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
-52435 usd
CY2021Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
21072 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
-42099 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
-3556 usd
CY2021Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
429010 usd
CY2022Q3 us-gaap Advertising Expense
AdvertisingExpense
34708 usd
CY2021Q3 us-gaap Advertising Expense
AdvertisingExpense
76413 usd
us-gaap Advertising Expense
AdvertisingExpense
170714 usd
us-gaap Advertising Expense
AdvertisingExpense
638706 usd
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5681364 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4651206 shares
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q3 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
6914425 usd
CY2022Q3 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
6914425 usd
CY2021Q3 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
423940 usd
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
14320854 usd
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
1113393 usd
CY2022Q3 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
6914425 usd
CY2021Q3 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
423940 usd
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
14320854 usd
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
1113393 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_84E_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zlXPn63WOkP" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_866_zEUlN4KEjixj">Reclassifications</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had no material effect on the consolidated results of operations, stockholders’ equity (deficit), or cash flows.</span></p>
CY2022Q3 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
1005946 usd
CY2021Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
283484 usd
CY2022Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
83092 usd
CY2021Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
82752 usd
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1089038 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
366236 usd
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
341982 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
165788 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
747056 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
200448 usd
CY2022Q3 us-gaap Property Plant And Equipment Fair Value Disclosure
PropertyPlantAndEquipmentFairValueDisclosure
711400 usd
us-gaap Payments For Software
PaymentsForSoftware
300000 usd
CY2022Q2 us-gaap Payments For Software
PaymentsForSoftware
100000 usd
CY2022Q3 us-gaap Payments For Software
PaymentsForSoftware
200000 usd
us-gaap Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
85000 shares
us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
411400 usd
CY2022Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
4.84
CY2022Q3 us-gaap Depreciation
Depreciation
140318 usd
CY2021Q3 us-gaap Depreciation
Depreciation
17756 usd
us-gaap Depreciation
Depreciation
174403 usd
us-gaap Depreciation
Depreciation
50491 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5753520 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5753520 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-2810167 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-2320036 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2943353 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3433484 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
163377 usd
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
163377 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
490131 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
528881 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
163377 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
653508 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
653508 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
653508 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
653508 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
165944 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2943353 usd
CY2021 us-gaap Debt Instrument Decrease Forgiveness
DebtInstrumentDecreaseForgiveness
377743 usd
us-gaap Debt Instrument Decrease Forgiveness
DebtInstrumentDecreaseForgiveness
524143 usd
SURG Debt Instrument Issuance Date Of Notes
DebtInstrumentIssuanceDateOfNotes
2021
CY2022Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
12000 shares
CY2022Q3 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P3Y
us-gaap Interest Expense
InterestExpense
400000 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
100000 usd
CY2022Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
1101000 usd
us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
101000 usd
us-gaap Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
341986 usd
CY2022Q3 us-gaap Secured Debt
SecuredDebt
5000000 usd
CY2021Q4 us-gaap Secured Debt
SecuredDebt
0 usd
CY2021 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
2550000 usd
CY2021Q2 us-gaap Line Of Credit
LineOfCredit
1000000 usd
CY2021Q2 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.06 pure
CY2021Q4 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
0 usd
CY2021Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-202784 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
746896 usd
CY2022Q3 SURG Derivative Expense
DerivativeExpense
0 usd
CY2021Q3 SURG Derivative Expense
DerivativeExpense
0 usd
SURG Derivative Expense
DerivativeExpense
0 usd
SURG Derivative Expense
DerivativeExpense
1775057 usd
CY2022Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
0 usd
CY2021Q3 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
136487 usd
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
0 usd
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
979469 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
44747 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
140464 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
17216 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
31898 usd
us-gaap Lease Cost
LeaseCost
61963 usd
us-gaap Lease Cost
LeaseCost
172362 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
441921 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
486668 usd
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
38606 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
49352 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
409672 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
438903 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
448278 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
488255 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
39977 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
117357 usd
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y2M8D
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.05 pure
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.05 pure
us-gaap Operating Lease Payments
OperatingLeasePayments
39977 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
117357 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
515848 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
515848 usd
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y8M26D
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
14878 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
60294 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
61876 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
63460 usd
CY2022Q3 SURG Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
351356 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
551864 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
103586 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
448278 usd
CY2016Q3 us-gaap Contract With Customer Receivable Before Allowance For Credit Loss
ContractWithCustomerReceivableBeforeAllowanceForCreditLoss
1500000 usd
CY2016Q3 us-gaap Contract With Customer Receivable Before Allowance For Credit Loss
ContractWithCustomerReceivableBeforeAllowanceForCreditLoss
2500000 usd
CY2022Q1 us-gaap Loss Contingency Accrual Payments
LossContingencyAccrualPayments
450000 usd
CY2022Q1 us-gaap Loss Contingency Accrual Payments
LossContingencyAccrualPayments
100000000000 usd
CY2022Q1 us-gaap Loss Contingency Accrual Payments
LossContingencyAccrualPayments
3650000 usd
CY2022Q1 us-gaap Escrow Deposit
EscrowDeposit
375000 usd
CY2021 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
3750000 usd
CY2021Q4 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
73000.00 usd
CY2021Q4 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1 for 50 reverse stock split of all classes of its stock
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
us-gaap Common Stock Voting Rights
CommonStockVotingRights
Voting at 1 vote per share
CY2022Q2 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
200000 shares
CY2022Q2 SURG Net Effect On Stockholders Deficit
NetEffectOnStockholdersDeficit
0 usd
CY2022Q2 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
711400 usd
us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
300000 usd
CY2022Q2 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
100000 usd
CY2022Q3 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
200000 usd
CY2021 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
13411 shares
CY2021 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
99436 usd
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
3562829 usd
CY2021 SURG Stock And Warrants Issued With Debt Recorded As Debt Discount
StockAndWarrantsIssuedWithDebtRecordedAsDebtDiscount
2645890 usd
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
102194 usd
CY2021Q4 SURG Derivative Fair Value Of Derivative Liability Aggregate Discount
DerivativeFairValueOfDerivativeLiabilityAggregateDiscount
2748084 usd
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
17004 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.00
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y1M28D
CY2020Q4 SURG Share Based Compensation Arrangement By Share Based Payment Award Options Un Vested And Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnVestedAndExercisableNumber
17004 shares
CY2020Q4 SURG Share Based Compensation Arrangement By Share Based Payment Award Options Unvested And Nonexercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnvestedAndNonexercisable
16.00
CY2020 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term4
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P6Y1M28D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
17004 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.00
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y1M28D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
3401 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
16.00
CY2021 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term3
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3
P5Y1M28D
CY2021Q4 SURG Share Based Compensation Arrangement By Share Based Payment Award Options Un Vested And Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnVestedAndExercisableNumber
13603 shares
CY2021Q4 SURG Share Based Compensation Arrangement By Share Based Payment Award Options Unvested And Nonexercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnvestedAndNonexercisable
16.00
CY2021 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term4
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm4
P5Y1M28D
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
17004 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.00
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y5M1D
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
6801 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
16.00
SURG Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term3
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3
P4Y5M1D
CY2022Q3 SURG Share Based Compensation Arrangement By Share Based Payment Award Options Un Vested And Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnVestedAndExercisableNumber
10202 shares
CY2022Q3 SURG Share Based Compensation Arrangement By Share Based Payment Award Options Unvested And Nonexercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnvestedAndNonexercisable
16.00
SURG Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term4
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm4
P4Y5M1D
CY2022Q3 us-gaap Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
9294 usd
CY2021Q3 us-gaap Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
9294 usd
us-gaap Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
27882 usd
us-gaap Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
27882 usd
CY2022Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
52663 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y5M1D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
194317 shares
CY2020Q4 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValue
32.50
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P1Y6M7D
CY2020Q4 SURG Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisable
194317 shares
CY2020Q4 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Exercisable
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueExercisable
32.50
CY2020 SURG Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms Exercisable1
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTermsExercisable1
P1Y6M7D
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
5935450 shares
CY2021 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Granted
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueGranted
8.01
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
2133 shares
CY2021 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Exercise
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueExercise
12.50
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
44650 shares
CY2021 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Forfeitured
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueForfeitured
23.49
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
6082984 shares
CY2021Q4 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValue
8.68
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P2Y11M4D
CY2021Q4 SURG Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisable
5852984 shares
CY2021Q4 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Exercisable
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueExercisable
8.70
CY2021 SURG Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms Exercisable1
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTermsExercisable1
P2Y10M6D
CY2021Q4 SURG Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Unvested
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsUnvested
230000 shares
CY2021Q4 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Unvested
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueUnvested
8.00
CY2021 SURG Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms Unvested
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTermsUnvested
P4Y10M6D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
153000 shares
SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Granted
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueGranted
4.73
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
498750 shares
SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Exercise
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueExercise
8.00
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
88671 shares
SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Forfeitured
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueForfeitured
40.04
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
5648563 shares
CY2022Q3 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValue
8.14
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P2Y1M6D
CY2022Q3 SURG Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisable
5648563 shares
CY2022Q3 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Exercisable
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueExercisable
8.14
SURG Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms Exercisable1
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTermsExercisable1
P2Y1M6D
SURG Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms Unvested
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTermsUnvested
P0Y
CY2022Q2 us-gaap Notes Issued1
NotesIssued1
1700000 usd
CY2022Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
51000 shares
CY2022Q2 us-gaap Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
115404 usd
CY2022Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
78992 shares
CY2022Q3 SURG Stock Issued During Period Shares Warrants Exercised
StockIssuedDuringPeriodSharesWarrantsExercised
268750 shares
CY2021Q4 SURG Number Of Warrants Sold For Cash
NumberOfWarrantsSoldForCash
5290000 shares
CY2021Q4 SURG Number Of Warrants Repriced
NumberOfWarrantsRepriced
433017 shares
CY2021 SURG Warrant Modification Expense
WarrantModificationExpense
74476 usd
CY2022Q3 us-gaap Revenues
Revenues
36171345 usd
CY2021Q3 us-gaap Revenues
Revenues
14538353 usd
us-gaap Revenues
Revenues
85317860 usd
us-gaap Revenues
Revenues
36905373 usd
CY2022Q3 us-gaap Cost Of Revenue
CostOfRevenue
34250541 usd
CY2021Q3 us-gaap Cost Of Revenue
CostOfRevenue
12634871 usd
us-gaap Cost Of Revenue
CostOfRevenue
78572421 usd
us-gaap Cost Of Revenue
CostOfRevenue
32544619 usd
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
2933204 usd
CY2021Q3 us-gaap Operating Expenses
OperatingExpenses
2909954 usd
us-gaap Operating Expenses
OperatingExpenses
9655529 usd
us-gaap Operating Expenses
OperatingExpenses
10262479 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1012400 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1006472 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-2910090 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-5901725 usd
CY2022Q3 us-gaap Assets
Assets
33360863 usd
CY2021Q4 us-gaap Assets
Assets
19500202 usd
CY2022Q3 us-gaap Liabilities
Liabilities
32896777 usd
CY2021Q4 us-gaap Liabilities
Liabilities
15948881 usd

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