Welcome to our dedicated page for KonaTel SEC filings (Ticker: KTEL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
KonaTel, Inc. filings document the reporting and governance record of a voice/data communications holding company with telecommunications operating subsidiaries. Form 8-K disclosures furnish financial results and Regulation FD materials covering Mobile Services revenue, hosted cloud services, customer acquisition costs and the business effects of changes in government-subsidized mobile programs. Annual and quarterly reporting also ties operating performance to Lifeline services, CPaaS offerings, SMS/MMS, SD-WAN, IoT mobile data and wireless POTS replacement.
The company’s regulatory record includes Form 12b-25 notifications for delayed periodic reports, amended 8-K materials for IM Telecom membership-interest agreements, and governance disclosures covering officer appointments and corporate secretary matters. Filings also describe subsidiary ownership, material agreements, balance-sheet actions and capital-structure information for the registrant.
KonaTel, Inc. (KTEL) reported continued losses and liquidity pressure for the quarter and six months ended June 30, 2026 while materially reducing its loss versus 2025. Revenue was $1,869,848 for the quarter and $3,774,910 for the first half of 2026, down 12.8% from $4,327,370 a year earlier, mainly from lower Lifeline-related mobile services.
Gross profit for the first half increased to $1,298,498 from $1,202,133 as the mix shifted toward higher‑margin Hosted Services (about 87% of revenue) such as POTS replacement and SMS. Net loss narrowed to $481,933 from $2,105,169, but cash declined to $200,013 from $704,867, total assets fell to $1,819,150, and stockholders’ equity turned negative at $(222,720). The current ratio dropped to 0.36.
Management discloses substantial doubt about KonaTel’s ability to continue as a going concern, citing accumulated deficit of $10,566,076, reliance on new POTS and SMS growth, cost reductions, and the need for additional capital and expanded credit facilities. Disclosure controls and internal control over financial reporting were assessed as ineffective due to prior restatements and stock option adjustments.
KonaTel, Inc. director Robert Matthew Beaty reported the expiration of option awards linked to KonaTel common stock. Four option positions covering a total of 675,000 underlying shares, with exercise prices of $0.935 and $0.410, were reported as dispositions coded as "other acquisition or disposition" and footnoted as options that expired unexercised. Beaty continues to hold derivative positions shown as options on additional blocks of 25,000–333,334 underlying shares at exercise prices between $0.410 and $1.925, as well as 199,068 directly held KonaTel common shares.
KonaTel, Inc. filed a late-filing notice for its Quarterly Report for the period ended June 30, 2026. The company states it is still completing its unaudited financial statements and expects to file the Form 10-Q on or before August 19, 2026, relying on the extension available under Rule 12b-25.
KonaTel, Inc. reported that its 51%-owned affiliate IM Telecom, LLC received a July 27, 2026 notice from the FCC alleging violations of Lifeline program rules. IM Telecom has advised KonaTel that it believes it complies with these rules and will respond directly to the FCC.
The company outlined a multiyear restructuring of its interest in IM Telecom, including a January 22, 2024 Membership Interest Purchase Agreement with Excess Telecom, later revised by a September 19, 2025 First Omnibus Amendment to keep IM Telecom as a standalone partnership owned 51% by KonaTel and 49% by Excess Telecom.
KonaTel currently receives regular $16,500 monthly distributions from the IM Telecom partnership, which it anticipates will decrease by about 12% monthly over the next one to two years. Management stated a strategic shift toward Hosted Services operated by wholly owned subsidiary Apeiron Systems, citing higher margins and lower customer churn, and noted its belief, based on legal advice, that IM Telecom’s operations comply with the FCC’s “Intermountain Microwave Test,” while acknowledging that any consequences of the FCC’s action cannot be determined.
KonaTel, Inc. reports Q1 2026 revenue of $1.9 million, down from $2.2 million a year earlier, but narrows its net loss to $282,590 from $917,528 as gross margin improves on higher‑margin hosted services.
Hosted Services contributed about 74% of revenue, while Mobile Services provided 26%, reflecting the company’s strategic shift toward its Apeiron CPaaS and POTS replacement offerings. Operating expenses fell sharply, aided by transferring staff to the IM Telecom partnership and lower legal and development costs.
Despite better margins, KonaTel ended the quarter with $665,068 in cash, a current ratio of 0.59 and an accumulated deficit of $10.4 million. Management explicitly states that limited liquidity, dependence on growth initiatives and financing needs raise substantial doubt about its ability to continue as a going concern.
KonaTel, Inc. notified the SEC it will file its Form 10-Q for the period ended March 31, 2026 late under Rule 12b-25 and expects to submit the report on or before May 20, 2026.
The company states the delay is due to completing unaudited financial statements and provides a contact for the notification.
KonaTel, Inc. director Robert Matthew Beaty filed a Form 4 that mainly updates his existing ownership rather than showing new market trades. He reports holding 199,068 shares of Common Stock directly. The filing also details multiple option awards under the company’s Incentive Stock Option Plan with various exercise prices and expiration dates.
One option position for 25,000 shares at $0.6600 reached its May 11, 2026 expiration and expired unexercised, and a related 25,000-unit option entry is classified as an “other” restructuring transaction. After this, Beaty continues to hold several option grants, including blocks tied to 216,667 underlying shares at $0.4100 per share expiring in 2029.
KonaTel, Inc. reported a sharp downturn for fiscal 2025. Revenue fell to $8,452,885 from $15,503,251 in 2024, as the company shifted focus toward its hosted services platform and cellular-based wholesale POTS replacement offering.
The company swung to a net loss of $2,647,053, compared with net income of $4,801,601 in 2024, when results were boosted by the sale of a 49% interest in IM Telecom. Total assets declined to $2,464,279 and stockholders’ equity dropped to $384,205 as of December 31, 2025.
Management highlighted more than 700 POTS replacement installations through wholesale partners and sees long-lived recurring revenue potential as major carriers retire copper-wire networks and commercial customers migrate to internet and wireless-based solutions.
KonaTel, Inc. reported sharply lower results for the year ended December 31, 2025 as its government-subsidized wireless business adjusted to program changes. Revenue fell to $8,452,885 from $15,503,251 in 2024, mainly due to fewer mobile service activations after the Affordable Connectivity Program ended on June 1, 2024.
Cost of revenues declined to $5,840,675, but not enough to offset the revenue drop, and operating expenses fell to $5,290,592 on lower payroll at IM Telecom and Apeiron Systems. The company swung to a net loss of $2,647,053 in 2025 from net income of $4,801,601 in 2024, when it booked a $10 million sale of 49% of IM Telecom to Excess Telecom. That sale allowed KonaTel to fully repay high-cost debt and reposition IM Telecom as a 51%‑owned partnership. As of December 31, 2025, cash and cash equivalents were $704,867 and the accumulated deficit was $10,084,143.