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Returning to GAAP Profitability – Q2 2026 net income available to common stockholders was $1.29 million, or $0.05 per share, marking the company's first quarter of GAAP profitability in some time, with operating income swinging from a $6.8 million loss in Q2 2025 to $3.5 million of operating income.
Expanding Retail and Distribution Network – SurgePays operates through a network of more than 9,000 retail partners and, on August 5, 2026, announced Redline Wireless Group, LLC, a joint venture covering more than 20,000 additional dealer locations.
Four Core Business Verticals – The company's HERO, Torch Wireless, LinkUp Mobile, and Managed Marketing Services platforms span wireless infrastructure, Lifeline-subsidized service, prepaid wireless, and point-of-sale marketing technology, supported by a strategic MVNE agreement with AT&T. Three MVNO partners have already launched on HERO, with two more in the pipeline.
Addressing Balance Sheet and Nasdaq Compliance – The board has authorized up to $20 million in additional convertible secured note financing, and the company is working through Nasdaq deficiency notices tied to market value and minimum bid price requirements, with cure periods extending into September 2026.
New Leadership and CFO Transition – Chelsea Pullano was appointed Interim Chief Financial Officer effective January 14, 2026, filling the vacancy left by the departure of prior CFO Anthony Evers. Under CEO Brian Cox, the company has expanded its retail network to more than 9,000 stores and entered a partnership with Alpha Modus around consumer engagement and payment solutions.
SurgePays, Inc.


Four Core Business Verticals for Underserved Communities


Operational Momentum and Scaling


Positioning for Long-Term Growth




Brian Cox
Chief Executive Officer
Brian Cox serves as Chief Executive Officer of SurgePays, Inc., leading the company's strategic focus on its four core verticals serving underserved and subprime communities. He began his career in telecom in 2004, founding a prepaid telephone company that grew into the nation's largest prepaid home phone provider before its sale in 2009. Over nearly two decades as an entrepreneur, he has managed more than $500 million in sales across fintech, software, and telecom ventures, including scaling a company to more than 1,300 employees. He oversees the company's strategic partnerships, including its agreement with AT&T, the Redline Wireless Group joint venture, and the Alpha Modus partnership, as well as its capital markets strategy as a Nasdaq listed company.


Chelsea Pullano
Interim Chief Financial Officer
Chelsea Pullano serves as Interim Chief Financial Officer of SurgePays, Inc. She oversees the company's financial operations amid its Nasdaq listing deficiency notices and going concern disclosures, and supports its financing activity through equity and other securities offerings. She works closely with the company's auditor and supports the finance and reporting functions tied to the company's SEC filings, including its 10-Q and 10-K disclosures.
As co-founder and Chief Executive Officer of MACK Financial Solutions, Pullano specializes in executive-level accounting and strategic financial guidance, with expertise in technical accounting, regulatory compliance, and M&A execution, including SEC reporting and public offerings valued in the millions. She has previously served as Chief Financial Officer at Nasdaq listed companies, where she built finance departments from inception and managed initial public listings.


Derron Winfrey
President of Sales & Operations
Derron Winfrey serves as President of Sales and Operations of SurgePays, Inc. He brings more than 25 years of fintech and wireless industry experience, having founded ECS Prepaid and led multiple high growth businesses in prepaid and financial services. Following SurgePays' 2019 acquisition of ECS Prepaid, he has transformed the company's sales strategy, expanded its ISO channel, and prepared LinkUp Mobile for its direct AT&T market launch. He oversees the company's sales expansion, federal Lifeline programs, and international operations.
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Sources
https://www.surgepays.com/ https://www.sec.gov/ (SURG SEC Filings) https://www.stocktitan.net/ (SEC filings tracker and news feed) https://finance.yahoo.com/ https://www.google.com/finance/ https://stockanalysis.com/ https://www.tradingview.com/symbols/NASDAQ-SURG/
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