v3.26.1
Property and Equipment
 3 Months Ended
Mar. 31, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment

Note 3 – Property and Equipment

 

Property and equipment consisted of the following:

 

           Estimated Useful
Type  March 31, 2026   December 31, 2025   Lives (Years)
Computer equipment and software  $1,135,178   $1,135,178   3 - 5
Leasehold improvements   324,901    324,901   5
Furniture and fixtures   165,738    165,738   5 - 7
Property and Equipment - gross   1,625,817    1,625,817    
Less: accumulated depreciation/amortization   (1,249,139)   (1,222,300)   
Property and equipment - net  $376,678   $403,517    

 

Depreciation and amortization expense for the three months ended March 31, 2026 and 2025 was as follows:

 

For the Three Months Ended March 31, 
2026   2025 
$26,839   $86,122 

 

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 UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

MARCH 31, 2026 AND 2025