{"url_path":"/sec/surg/10-q/2026/item-3","section_key":"item-3","section_title":"Item 3 DEFAULTS UPON SENIOR SECURITIES.**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-20","source_url":"https://www.sec.gov/Archives/edgar/data/1392694/0001493152-26-024591-index.html","accession_number":"0001493152-26-024591","cik":"0001392694","ticker":"SURG","issuer_name":"SurgePays, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1392694/0001493152-26-024591-index.html","primary_entity_key":"0001392694","primary_entity_name":"SurgePays, Inc."},"word_count":66,"has_tables":true,"body_markdown":"**ITEM\n3. DEFAULTS UPON SENIOR SECURITIES.**\n\n** **\n\nOn September 9, 2025, the Company issued a Senior\nSecured Note in the original principal amount of $1,000,000, which matured on March 9, 2026. The Company failed to pay the principal at\nmaturity and is in default. As of the date of this Quarterly Report, the arrearage consists of $1,000,000 in unpaid principal and $99,195\nin accrued and unpaid interest."}