v3.26.1
Property and Equipment
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment

Note 3 – Property and Equipment

 

Property and equipment consisted of the following:

 

           Estimated Useful
Type  June 30, 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   (1,275,983)   (1,222,300)   
Property and equipment - net  $349,834   $403,517    

 

Depreciation and amortization expense for the three and six months ended June 30, 2026 and 2025 was as follows:

 

For the Three Months Ended June 30, 
2026   2025 
$26,839   $66,365 

 

For the Six Months Ended June 30, 
2026   2025 
$53,683   $152,483 

 

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

JUNE 30, 2026 AND 2025