• SurgePays posted first-quarter revenue of US$16 million, up 51% year over year.
• Operating loss widened to US$11.2 million; net loss available to common stockholders deepened to US$12.1 million, or US$0.51 per share.
• General and administrative expenses fell 25% to US$3.5 million; net cash used in operating activities narrowed to US$4.6 million.
• Point of sale and prepaid services rose 71%; total wireless subscriber lines topped 200,000 across LinkUp Mobile and Torch Wireless.
• After quarter-end, entered a multiyear Commercial Integration and Distribution Agreement with Alpha Modus; launched a 25,000 activation pilot to integrate Alpha Cash mobile wallet across distribution.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Surgepays Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605150900PRIMZONEFULLFEED9720993) on May 15, 2026, and is solely responsible for the information contained therein.