secwatch.observer — SEC 8-K summary
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Issuer:     KonaTel, Inc. (KTEL)
CIK:        0000845819
Form:       8-K
Filed at:   2025-08-19T23:59:59+00:00
Accession:  0001515971-25-000075
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KonaTel Q2 revenue down 50.3% to $2.2M; net loss $0.03/shr as ACP program ends
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- Revenue $2.2M vs $4.3M YoY; drop driven by cancellation of ACP Program subsidized revenues.
- GAAP net loss of $1,187,641 ($0.03/shr); non-GAAP net loss $942,182 ($0.02/shr).
- Cash at $1.5M vs $3.7M a year ago; management focusing on CPaaS expansion and Lifeline partnerships.
- Hosted Services revenue nearly flat; Mobile Services revenue fell 81% in first half of 2025.
- Awaiting California regulatory approval for new Lifeline partnership; CPaaS platform investments continue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/845819/000151597125000075/0001515971-25-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/845819/000151597125000075/ktel8k081825.htm
  HTML page:      https://secwatch.observer/filing/0001515971-25-000075

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer