v3.26.1
Property and Equipment
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 3 – Property and Equipment

 

Property and equipment consisted of the following:

 

           Estimated Useful
Type  December 31, 2025   December 31, 2024   Lives (Years)
Computer equipment and software  $1,135,178   $1,135,178   3 - 5
Leasehold improvements   324,901    306,311   5
Furniture and fixtures   165,738    165,738   5 - 7
Property and Equipment - gross   1,625,817    1,607,227    
Less: accumulated depreciation/amortization   (1,222,300)   (1,016,139)   
Property and equipment - net  $403,517   $591,088    

 

Depreciation and amortization expense for the years ended December 31, 2025 and 2024, were $206,161 and $942,450, respectively.

 

These amounts are included as a component of general and administrative expenses in the accompanying consolidated statements of operations.

 

 

SURGEPAYS, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2025 AND 2024