Surge Components INC

Surge Components, Inc. announced the results of its 2025 Annual Meeting, confirming the election of six directors, ratification of its accounting firm, and extension of its rights plan.

Surge Components, Inc. held its 2024 Annual Meeting of Stockholders, where directors were elected, the accounting firm was ratified, and an equity incentive plan was approved.

Surge Components, Inc. announced a 8.7% increase in net sales for the first six months of fiscal year 2026, driven by new and existing customer business.

Surge Components, Inc. reported a net loss of $34,275 for the first quarter of fiscal year 2026, a shift from a net income of $57,356 in the prior year, despite a 13.3% increase in net sales.

Surge Components, Inc. announced an 18.1% increase in net sales for the nine months ended August 31, 2025, reaching $26.4 million, despite facing gross margin pressure and increased operating expenses.

Surge Components, Inc. announced a significant increase in net sales and gross profit for the six months ended May 31, 2025, but experienced a decline in quarterly net income and operating cash flow due to higher general and administrative expenses, including substantial non-cash stock-based compensation.

Surge Components, Inc. reports a slight increase in net sales and a return to profitability for the three months ended February 28, 2025.

Surge Components experienced a decrease in net sales but an increase in gross profit margin during the third quarter of 2024, amidst ongoing economic challenges.

Surge Components, Inc. reported a 16.4% increase in net sales and a 37.7% rise in net income for fiscal year 2025, driven by new and existing customer business and distribution channels, despite ongoing economic and supply chain challenges.

Surge Components' annual report reveals a decrease in net sales for fiscal year 2024, attributed to reduced business with both new and existing customers, alongside ongoing economic challenges.

Surge Components Inc. experienced a significant decrease in net sales for fiscal year 2023, alongside a reduction in net income, as the company navigated a challenging economic environment.

CEO Ira Levy was granted 19,130 stock options in Surge Components, Inc. as part of a recent equity compensation event.

Surge Components Inc. Director Alan Plafker was granted 30,000 stock options with an exercise price of $2.20, exercisable immediately.

Steven J. Lubman, VP, Secretary & Treasurer, and Director of Surge Components Inc., was granted 50,000 stock options with an exercise price of $2.42.

Ira Levy, CEO, CFO, President, Director, and 10% Owner of Surge Components Inc., reported the acquisition of 50,000 stock options exercisable at $2.42 per share.

Surge Components Inc. Director and 10% Owner Lawrence Chariton reported the acquisition of 30,000 stock options exercisable at $2.20 per share, effective May 22, 2025.

Surge Components Inc. Director Peter Levy acquired 30,000 stock options with an exercise price of $2.20, exercisable immediately and expiring in 2030.

Surge Components, Inc. announces its Annual Meeting of Stockholders on November 25, 2025, to elect directors, ratify auditors, and extend its stockholder rights plan.

Surge Components, Inc. has scheduled its annual meeting of stockholders for November 26, 2024, to vote on the election of directors, ratification of auditors, approval of an equity incentive plan, and executive compensation.

Surge Components, Inc. is holding its Annual Meeting of Stockholders on November 26, 2024, to elect directors, ratify the appointment of its accounting firm, and approve the 2024 Equity Incentive Plan.

Zeff Capital, Zeff Holding Company, and Daniel Zeff jointly report an 8.1% beneficial ownership stake in Surge Components, Inc. common stock.

Zeff Capital, LP, Zeff Holding Company, LLC, and Daniel Zeff have jointly reported a 5.9% passive ownership stake in Surge Components, Inc.