Surgepays is trading at $0.16 (-6.86%) on August 21, 2026, after its second-quarter filing disclosed substantial doubt about continuing as a going concern.

  • Working-capital deficit reached $21.3 million, with only $1.95 million in cash and insufficient liquidity for obligations over the next 12 months.
  • Q2 revenue increased 40.7% to $16.2 million, but profitability largely reflected a non-cash AT&T-related gain.
  • Trading activity was approximately 22.2 million shares, below the reported 37.71 million average daily volume.