How did SURG's revenue and expenses shift in Q4 2024 compared to previous quarters?

**SurgePays (SURG) experienced a significant decline in revenue and expenses in Q4 2024 compared to previous quarters.** Here's a detailed analysis: 1. **Revenue Shift**: - **Q4 2024 Revenue**: SurgePays reported a total revenue of $9.6 million for Q4 2024. - **Comparison with Previous Quarters**: The revenue in Q3 2024 was not available. However, comparing Q4 2023's revenue of $32.32 million with Q4 2024's revenue, there is a significant drop. - **Performance Analysis**: The company's revenue missed analyst estimates by 45%. Despite this, the company surpassed revenue estimates by 20.11%, indicating some positive sentiment from analysts. 2. **Expense Shift**: - **Q4 2024 Expenses**: The expenses for Q4 2024 are not available. - **Q3 2024 Expenses**: Similarly, no expense data is available for Q3 2024. - **Previous Quarter Performance**: The lack of data prevents a direct comparison with the previous quarter's expenses. In conclusion, SurgePays faced a challenging quarter with a substantial revenue decline and missing earnings expectations. The company's financial performance is under pressure due to the loss of ACP funding and other strategic shifts.