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Company

SURGE COMPONENTS INC

Ticker
SPRS
Sector
Industry
Report date
July 14, 2026
Valye AI Score

97

Very high visibility
Recent developments
Recent developments summary

Recent news coverage includes market interest in dividend stocks and broader market themes, with limited direct operational updates on Surge Components Inc.

Recent developments:
  • Surge Components, Inc. reported a decline in Q3 sales as noted in a 2025 news article, indicating some recent operational challenges [N1].
  • The company is mentioned in market commentary regarding dividend interest and broader market conditions, but no specific new business developments were disclosed [N1].
Overview

Surge Components Inc is a publicly traded company identified by ticker SPRS. The company’s latest SEC quarterly filing (10-Q) dated July 14, 2026, reports revenue of approximately $9.36 million and net income of about $405 thousand for the quarter ended May 31, 2026. The company maintains a strong liquidity position with a current ratio of 4.58 and a cash ratio of 2.55, supported by cash, cash equivalents, and short-term investments totaling over $14 million. No legal proceedings or risk factors were noted in the latest filings. Publicly available information on the company’s sector, industry, and detailed business model is limited, but financial disclosures provide insight into its recent financial performance and liquidity.

Executive summary

Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.

Scenarios for SPRS

Bull case model:

The company’s reported positive net income and earnings per share for the recent quarter, combined with strong liquidity ratios, indicate operational profitability and financial stability. This financial foundation may support ongoing business activities and potential growth initiatives, although specific strategic plans are not disclosed.

Bear case model:

Limited public disclosure on the company’s business model, sector, and industry creates uncertainty about its market positioning and competitive dynamics. The absence of detailed risk factors in filings may reflect either a low risk profile or limited disclosure. The company’s relatively modest net income compared to revenue suggests potential margin pressures or operational challenges not detailed in public documents.

Moat:

There is no detailed public information on Surge Components Inc’s competitive advantages or market positioning in the available filings or news. The company’s strong liquidity ratios suggest prudent financial management, but the absence of disclosed risk factors or legal proceedings does not provide insight into potential operational or market moats.

Risks overview
Risks summary
The primary risk is the limited public disclosure on the company’s business model and industry, which constrains comprehensive assessment of operational and market risks.
Risks details:

• Limited Business Model Disclosure: The company provides minimal public information on its products, services, or industry, limiting visibility into its operational risks and competitive environment.
• Financial Performance Variability: While recent quarterly results show profitability, the absence of longer-term financial trends and margin details introduces uncertainty about sustained earnings quality.
• Market and Industry Uncertainty: Lack of sector and industry classification in filings and public data restricts assessment of external market risks and competitive pressures.

FINAL FORECAST FOR SPRS

Final take one line
Surge Components Inc shows recent profitability and strong liquidity but limited public disclosure constrains full business model visibility.
Final take 12 to 24 month view

Business trends: The company reports quarterly profitability and maintains strong liquidity ratios, indicating financial stability.
Execution milestones: Recent SEC filings show no legal proceedings or risk factors; however, detailed business operations remain undisclosed.
Key risks: Limited public information on business model and industry restricts comprehensive risk assessment and visibility into competitive positioning.

Valye AI Visibility Research Score

Very high visibility

Visibility score reflects the breadth and consistency of available disclosure across SEC filings, recent public reporting, and baseline business context (research-only; not investment advice).

97
LLM visibility overview
LLM Visibility known facts
  • Surge Components Inc is a publicly traded company with ticker SPRS.
  • The latest SEC filing is a 10-Q filed on 2026-07-14 covering the period ending 2026-05-31 [S2].
  • For the quarter ended 2026-05-31, the company reported revenue of $9,361,694 USD [S2].
  • Net income for the same period was $404,558 USD [S2].
  • Basic and diluted earnings per share were both $0.07 USD for the quarter ended 2026-05-31 [S2].
  • As of 2026-05-31, the company had cash and cash equivalents of $5,231,528 USD and short-term investments of $9,800,386 USD [S2].
  • Current assets totaled $26,981,901 USD and current liabilities were $5,887,544 USD as of 2026-05-31, resulting in a current ratio of 4.58 and a cash ratio of 2.55 [S2].
  • The company’s 10-K filing dated 2026-02-27 indicates no legal proceedings and no applicable risk factors in the latest 10-Q [S1][S2].
  • Recent news articles mention the company in the context of market interest and dividend discussions but do not provide detailed operational updates [N1].
Sources
Sources - Context summary

Generated 2026-07-14

Sources - Earning calls
Sources - Other context
Sources - SEC Filings
  • S1 | 2026-02-27 | 10-K
  • S2 | 2026-07-14 | 10-Q
Sources - News headlines
  • N1 | 2026-07-14 | www.nasdaq.com | A Stormy Market? We're Interested. Two 9%+ Dividends to Buy | https://www.nasdaq.com/articles/stormy-market-were-interested-two-9-dividends-buy
  • N2 | 2026-07-14 | www.nasdaq.com | Prediction: This Cryptocurrency Could Overtake Bitcoin and Ethereum Combined in Total Value | https://www.nasdaq.com/articles/prediction-cryptocurrency-could-overtake-bitcoin-and-ethereum-combined-total-value
  • N3 | 2026-07-14 | www.nasdaq.com | Atrium Therapeutics Gains FDA IND Clearance For ATR 1072 In PRKAG2 Syndrome | https://www.nasdaq.com/articles/atrium-therapeutics-gains-fda-ind-clearance-atr-1072-prkag2-syndrome
  • N4 | 2026-07-14 | www.nasdaq.com | Diodes To Buy ElevATE Semiconductor For $250 Mln In Cash | https://www.nasdaq.com/articles/diodes-buy-elevate-semiconductor-250-mln-cash
  • N5 | 2026-07-14 | www.nasdaq.com | Nat-Gas Prices Settle Lower on Higher US Output and Smaller Exports | https://www.nasdaq.com/articles/nat-gas-prices-settle-lower-higher-us-output-and-smaller-exports
  • N6 | 2026-07-14 | www.nasdaq.com | Stocks Settle Lower as Chipmakers Routed and US-Iran Tensions Escalate | https://www.nasdaq.com/articles/stocks-settle-lower-chipmakers-routed-and-us-iran-tensions-escalate
  • N7 | 2026-07-14 | www.nasdaq.com | Fastenal Q2 26 Earnings Conference Call At 10:00 AM ET | https://www.nasdaq.com/articles/fastenal-q2-26-earnings-conference-call-10-00-am-et
  • N8 | 2026-07-14 | www.nasdaq.com | SS Innovations Appoints Veteran Medtech Finance Executive Sarah Romano As CFO | https://www.nasdaq.com/articles/ss-innovations-appoints-veteran-medtech-finance-executive-sarah-romano-cfo
Important legal disclaimer

This material is for informational purposes only and does not constitute investment, financial, legal or tax advice, or an offer or solicitation to buy or sell any security. The Valye AI Score is a model-based estimate derived from public information and is subject to change without notice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information herein. Past performance is not indicative of future results. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.

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