KonaTel, Inc.

KonaTel, Inc. reported a significant reduction in net loss for the three months ended March 31, 2026, with a loss of $(282,590) or $(0.01) per share, compared to $(917,528) or $(0.02) per share in the prior year. However, revenue decreased by 12.2% to $1.91 million. The company is refocusing on its higher-margin Hosted Services segment and has restructured its IM Telecom partnership, but also noted substantial doubt about its ability to continue as a going concern without additional financing.

KonaTel, Inc. announced its financial results for fiscal year 2025, reporting revenues of $8.5 million, a decrease from $15.5 million in 2024. This decline was primarily due to reduced government subsidized revenues following the cancellation of the Affordable Connectivity Program. Despite lower revenue, the company improved its gross profit margin to 30.9% from 22.0% in the prior year. KonaTel is now focused on growth in its hosted services segment for 2026 and beyond.

KonaTel, Inc. has filed its annual report on Form 10-K with the SEC for the fiscal year ended December 31, 2025. The filing indicates that KonaTel is a non-accelerated filer and a smaller reporting company, and has complied with all its reporting obligations over the past year. This routine filing provides a comprehensive overview of the company's annual performance and status.