KTEL
KonaTel, Inc.Substantial doubt about the company's ability to continue as a going concern.
“The lack of our success in this effort as well as any of these foregoing initiatives raises substantial doubt about our ability to remain a going concern for the twelve (12) month period from the date of this Quarterly report.”View the 10-Q filed May 20, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-05-11 | Beaty Robert Matthew |
Director |
Other
Filing footnotes — Option (Direct)
These options expired unexercised. Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan. |
Option
|
25,000 |
| 2026-02-11 | Beaty Robert Matthew |
Director |
Other
Filing footnotes — Option (Direct)
These options expired unexercised. Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan. |
Option
|
25,000 |
| 2025-11-11 | Beaty Robert Matthew |
Director |
Other
Filing footnotes — Common Stock (Direct)
Conveyed to the Company 5,600 shares of the Company's Common Stock acquired by the reporting person February 9, 2023, in full payment of the exercise of 25,000 ISO's granted to the reporting person November 12, 2020. |
Common Stock
|
5,600 |
| 2025-11-11 | Beaty Robert Matthew |
Director |
Convert
Filing footnotes — Option (Direct)
Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan. |
Option
|
25,000 |
| 2025-11-11 | Beaty Robert Matthew |
Director |
Convert
|
Common Stock
|
25,000 |
| 2025-09-16 | McEwen David S |
Director, Chairman and CEO, 10% Owner |
Convert
Filing footnotes — Option (Direct)
$82,500 exercise price, has been paid to the Company, effective September 16, 2025, by credit against deferred compensation owed to Mr. McEwen by the Company for prior services rendered, which was approved by unanimous consent of the Company's Board of Directors on January 11, 2022. Effective December 18, 2017, the Company completed an Agreement and Plan of Merger whereby a newly formed wholly owned subsidiary merged with and into KonaTel Nevada, and under which KonaTel Nevada was the surviving corporation and became a wholly owned subsidiary of the Company. Mr. McEwen was the sole shareholder of KonaTel Nevada and received merger consideration of 13,500,000 shares of the Company's Common Stock and 1,500,000 non-compensatory stock options to acquire shares of the Company's Common Stock under the merger. On September 16, 2025, Mr. McEwen exercised his seventh and eighth tranches of 187,500 stock options for a total of 375,000 shares of Common Stock. |
Option
|
187,500 |
| 2025-09-16 | McEwen David S |
Director, Chairman and CEO, 10% Owner |
Convert
Filing footnotes — Option (Direct)
$82,500 exercise price, has been paid to the Company, effective September 16, 2025, by credit against deferred compensation owed to Mr. McEwen by the Company for prior services rendered, which was approved by unanimous consent of the Company's Board of Directors on January 11, 2022. Effective December 18, 2017, the Company completed an Agreement and Plan of Merger whereby a newly formed wholly owned subsidiary merged with and into KonaTel Nevada, and under which KonaTel Nevada was the surviving corporation and became a wholly owned subsidiary of the Company. Mr. McEwen was the sole shareholder of KonaTel Nevada and received merger consideration of 13,500,000 shares of the Company's Common Stock and 1,500,000 non-compensatory stock options to acquire shares of the Company's Common Stock under the merger. On September 16, 2025, Mr. McEwen exercised his seventh and eighth tranches of 187,500 stock options for a total of 375,000 shares of Common Stock. |
Option
|
187,500 |
| 2025-09-16 | McEwen David S |
Director, Chairman and CEO, 10% Owner |
Convert
Filing footnotes — Common Stock (Direct)
Effective December 18, 2017, the Company completed an Agreement and Plan of Merger whereby a newly formed wholly owned subsidiary merged with and into KonaTel Nevada, and under which KonaTel Nevada was the surviving corporation and became a wholly owned subsidiary of the Company. Mr. McEwen was the sole shareholder of KonaTel Nevada and received merger consideration of 13,500,000 shares of the Company's Common Stock and 1,500,000 non-compensatory stock options to acquire shares of the Company's Common Stock under the merger. On September 16, 2025, Mr. McEwen exercised his seventh and eighth tranches of 187,500 stock options for a total of 375,000 shares of Common Stock. $82,500 exercise price, has been paid to the Company, effective September 16, 2025, by credit against deferred compensation owed to Mr. McEwen by the Company for prior services rendered, which was approved by unanimous consent of the Company's Board of Directors on January 11, 2022. |
Common Stock
|
375,000 |
| 2025-08-11 | Beaty Robert Matthew |
Director |
Convert
|
Common Stock
|
25,000 |
| 2025-08-11 | Beaty Robert Matthew |
Director |
Other
Filing footnotes — Common Stock (Direct)
Conveyed to the Company 10,388 shares of the Company's common stock acquired by the reporting person February 9, 2023, in full payment of the exercise of 25,000 ISO's granted to the reporting person on August 12, 2020. |
Common Stock
|
10,388 |
| 2025-08-11 | Beaty Robert Matthew |
Director |
Convert
Filing footnotes — Option (Direct)
Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan. |
Option
|
25,000 |
| 2025-05-12 | Beaty Robert Matthew |
Director |
Other
Filing footnotes — Option (Direct)
These options expired unexercised. Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan. |
Option
|
25,000 |
| 2025-04-25 | PEARL JEFFREY |
Insider |
Other
Filing footnotes — Common Stock (Direct)
Conveyed to the Company 10,267 shares of the Company's common stock acquired by the reporting person January 27, 2025, in full payment of the exercise price of 25,000 ISO's granted to the reporting person on April 28, 2020. |
Common Stock
|
10,267 |
| 2025-04-25 | PEARL JEFFREY |
Insider |
Convert
|
Option
|
25,000 |
| 2025-04-25 | PEARL JEFFREY |
Insider |
Convert
|
Common Stock
|
25,000 |
| 2025-02-11 | Beaty Robert Matthew |
Director |
Other
Filing footnotes — Common Stock (Direct)
Conveyed to the Company 13,934 shares of the Company's common stock acquired by the reporting person February 9, 2023, in full payment of the exercise price of 25,000 ISO's granted to the reporting person on February 12, 2020. |
Common Stock
|
13,934 |
| 2025-02-11 | Beaty Robert Matthew |
Director |
Convert
|
Common Stock
|
25,000 |
| 2025-02-11 | Beaty Robert Matthew |
Director |
Convert
Filing footnotes — Option (Direct)
Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan. |
Option
|
25,000 |
| 2025-01-27 | PEARL JEFFREY |
Insider |
Convert
|
Option
|
25,000 |
| 2025-01-27 | PEARL JEFFREY |
Insider |
Convert
|
Common Stock
|
25,000 |
| 2025-01-27 | PEARL JEFFREY |
Insider |
Other
Filing footnotes — Common Stock (Direct)
Conveyed to the Company 13,307 shares of the Company's common stock acquired by the reporting person October 25, 2023, in full payment of the exercise price of 25,000 ISO's granted to the reporting person on January 28, 2020. |
Common Stock
|
13,307 |
| 2024-11-11 | Beaty Robert Matthew |
Director |
Other
Filing footnotes — Common Stock (Direct)
Conveyed to the Company 10,587 shares of the Company's common stock acquired by the reporting person February 9, 2023, in full payment of the exercise price of 25,000 ISO's granted to the reporting person on August 12, 2019. |
Common Stock
|
10,587 |
| 2024-11-11 | Beaty Robert Matthew |
Director |
Convert
Filing footnotes — Option (Direct)
Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan. |
Option
|
25,000 |
| 2024-11-11 | Beaty Robert Matthew |
Director |
Convert
|
Common Stock
|
25,000 |
| 2024-08-09 | Beaty Robert Matthew |
Director |
Convert
|
Common Stock
|
25,000 |
| 2024-08-09 | Beaty Robert Matthew |
Director |
Other
Filing footnotes — Common Stock (Direct)
Conveyed to the Company 8,709 shares of the Company's common stock acquired by the reporting person in a private transaction on August 12, 2019, in an exempt transaction pursuant to Section 16b-3(c), in full payment of the exercise price of 25,000 ISO's granted to the reporting person on August 12, 2019. |
Common Stock
|
8,709 |
| 2024-08-09 | Beaty Robert Matthew |
Director |
Convert
Filing footnotes — Option (Direct)
Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan. |
Option
|
25,000 |
| 2024-06-17 | McEwen David S |
Director, Chairman and CEO, 10% Owner |
Convert
Filing footnotes — Common Stock (Direct)
Effective December 18, 2017, the Company completed an Agreement and Plan of Merger whereby a newly formed wholly owned subsidiary merged with and into KonaTel Nevada, and under which KonaTel Nevada was the surviving corporation and became a wholly owned subsidiary of the Company. Mr. McEwen was the sole shareholder of KonaTel Nevada and received merger consideration of 13,500,000 shares of the Company's Common Stock and 1,500,000 non-compensatory stock options to acquire shares of the Company's Common Stock under the merger. On June 17, 2024, Mr. McEwen exercised his sixth tranche of 187,500 stock options for 187,500 shares of Common Stock. $41,250, paid by conveying 65,738 shares of KonaTel, Inc. common stock already owned by Mr. McEwen at $0.6275, in a transaction exempt from the provisions of the Act under Rule 16b-3(e) promulgated thereunder. |
Common Stock
|
187,500 |
| 2024-06-17 | McEwen David S |
Director, Chairman and CEO, 10% Owner |
Other
Filing footnotes — Common Stock (Direct)
$41,250, paid by conveying 65,738 shares of KonaTel, Inc. common stock already owned by Mr. McEwen at $0.6275, in a transaction exempt from the provisions of the Act under Rule 16b-3(e) promulgated thereunder. |
Common Stock
|
65,738 |
| 2024-06-17 | McEwen David S |
Director, Chairman and CEO, 10% Owner |
Convert
Filing footnotes — Option (Direct)
$41,250, paid by conveying 65,738 shares of KonaTel, Inc. common stock already owned by Mr. McEwen at $0.6275, in a transaction exempt from the provisions of the Act under Rule 16b-3(e) promulgated thereunder. Effective December 18, 2017, the Company completed an Agreement and Plan of Merger whereby a newly formed wholly owned subsidiary merged with and into KonaTel Nevada, and under which KonaTel Nevada was the surviving corporation and became a wholly owned subsidiary of the Company. Mr. McEwen was the sole shareholder of KonaTel Nevada and received merger consideration of 13,500,000 shares of the Company's Common Stock and 1,500,000 non-compensatory stock options to acquire shares of the Company's Common Stock under the merger. On June 17, 2024, Mr. McEwen exercised his sixth tranche of 187,500 stock options for 187,500 shares of Common Stock. |
Option
|
187,500 |
| 2024-05-10 | Beaty Robert Matthew |
Director |
Convert
|
Common Stock
|
25,000 |
| 2024-05-10 | Beaty Robert Matthew |
Director |
Other
Filing footnotes — Common Stock (Direct)
Conveyed to the Company 7,028 shares of the Company's common stock acquired by the reporting person in a private transaction on May 12, 2019, in an exempt transaction pursuant to Section 16b-3(c), in full payment of the exercise price of 25,000 ISO's granted to the reporting person on May 12, 2019. |
Common Stock
|
7,028 |
| 2024-05-10 | Beaty Robert Matthew |
Director |
Convert
Filing footnotes — Option (Direct)
Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan. |
Option
|
25,000 |
| 2024-03-15 | McEwen David S |
Director, Chairman and CEO, 10% Owner |
Convert
Filing footnotes — Common Stock (Direct)
Effective December 18, 2017, the Company completed an Agreement and Plan of Merger whereby a newly formed wholly owned subsidiary merged with and into KonaTel Nevada, and under which KonaTel Nevada was the surviving corporation and became a wholly owned subsidiary of the Company. Mr. McEwen was the sole shareholder of KonaTel Nevada and received merger consideration of 13,500,000 shares of the Company's Common Stock and 1,500,000 non-compensatory stock options to acquire shares of the Company's Common Stock under the merger. On March 15, 2024, Mr. McEwen exercised his fifth tranche of 187,500 stock options for 187,500 shares of Common Stock. $41,250 exercise price, has been paid to the Company, effective March 15, 2024. |
Common Stock
|
187,500 |
| 2024-03-15 | McEwen David S |
Director, Chairman and CEO, 10% Owner |
Convert
Filing footnotes — Option (Direct)
$41,250 exercise price, has been paid to the Company, effective March 15, 2024. Effective December 18, 2017, the Company completed an Agreement and Plan of Merger whereby a newly formed wholly owned subsidiary merged with and into KonaTel Nevada, and under which KonaTel Nevada was the surviving corporation and became a wholly owned subsidiary of the Company. Mr. McEwen was the sole shareholder of KonaTel Nevada and received merger consideration of 13,500,000 shares of the Company's Common Stock and 1,500,000 non-compensatory stock options to acquire shares of the Company's Common Stock under the merger. On March 15, 2024, Mr. McEwen exercised his fifth tranche of 187,500 stock options for 187,500 shares of Common Stock. |
Option
|
187,500 |
| 2023-12-13 | McEwen David S |
Director, Chairman and CEO, 10% Owner |
Convert
Filing footnotes — Common Stock (Direct)
Effective December 18, 2017, the Company completed an Agreement and Plan of Merger whereby a newly formed wholly owned subsidiary merged with and into KonaTel Nevada, and under which KonaTel Nevada was the surviving corporation and became a wholly owned subsidiary of the Company. Mr. McEwen was the sole shareholder of KonaTel Nevada and received merger consideration of 13,500,000 shares of the Company's Common Stock and 1,500,000 non-compensatory stock options to acquire shares of the Company's Common Stock under the merger. On December 13, 2023, Mr. McEwen exercised his fourth tranche of 187,500 stock options for 187,500 shares of Common Stock. $41,250 exercise price, has been paid to the Company, effective December 13, 2023, by credit against deferred compensation owed to Mr. McEwen by the Company for prior services rendered, which was approved by unanimous consent of the Company's Board of Directors on January 11, 2022. |
Common Stock
|
187,500 |
| 2023-12-13 | McEwen David S |
Director, Chairman and CEO, 10% Owner |
Convert
Filing footnotes — Option (Direct)
$41,250 exercise price, has been paid to the Company, effective December 13, 2023, by credit against deferred compensation owed to Mr. McEwen by the Company for prior services rendered, which was approved by unanimous consent of the Company's Board of Directors on January 11, 2022. Effective December 18, 2017, the Company completed an Agreement and Plan of Merger whereby a newly formed wholly owned subsidiary merged with and into KonaTel Nevada, and under which KonaTel Nevada was the surviving corporation and became a wholly owned subsidiary of the Company. Mr. McEwen was the sole shareholder of KonaTel Nevada and received merger consideration of 13,500,000 shares of the Company's Common Stock and 1,500,000 non-compensatory stock options to acquire shares of the Company's Common Stock under the merger. On December 13, 2023, Mr. McEwen exercised his fourth tranche of 187,500 stock options for 187,500 shares of Common Stock. |
Option
|
187,500 |
| 2023-11-29 | Griffin Charles David |
COO, President |
Award
|
Option
|
183,333 |
| 2023-11-29 | Griffin Charles David |
COO, President |
Award
|
Option
|
183,334 |
| 2023-11-29 | Beaty Robert Matthew |
Director |
Award
Filing footnotes — Option (Direct)
Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan. |
Option
|
33,334 |
| 2023-11-29 | Beaty Robert Matthew |
Director |
Award
Filing footnotes — Option (Direct)
Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan. These 650,000 ISO's vest at one-third (1/3rd) per year, conditioned on Apeiron Systems, Inc., a wholly owned subsidiary of the Company ("Apeiron"), having been provided 100,000 simultaneous cellular customers by VIVA-US telecommunications, Inc. ("VIVA") under Apeiron's "Mobile Reseller Agreement" with VIVA dated November 10, 2023, and VIVA being fully paid and current with all outstanding amounts owed to Aperion, within one (1) year of the date of grant and with at least 100,000 of such simultaneous customer cellular contracts then being in full force and effect, or the grant of these ISO's shall expire. |
Option
|
216,667 |
| 2023-11-29 | Beaty Robert Matthew |
Director |
Award
Filing footnotes — Option (Direct)
Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan. |
Option
|
33,333 |
| 2023-11-29 | Beaty Robert Matthew |
Director |
Award
Filing footnotes — Option (Direct)
Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan. |
Option
|
33,333 |
| 2023-11-29 | Beaty Robert Matthew |
Director |
Award
Filing footnotes — Option (Direct)
Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan. These 650,000 ISO's vest at one-third (1/3rd) per year, conditioned on Apeiron Systems, Inc., a wholly owned subsidiary of the Company ("Apeiron"), having been provided 100,000 simultaneous cellular customers by VIVA-US telecommunications, Inc. ("VIVA") under Apeiron's "Mobile Reseller Agreement" with VIVA dated November 10, 2023, and VIVA being fully paid and current with all outstanding amounts owed to Aperion, within one (1) year of the date of grant and with at least 100,000 of such simultaneous customer cellular contracts then being in full force and effect, or the grant of these ISO's shall expire. |
Option
|
216,667 |
| 2023-11-29 | Beaty Robert Matthew |
Director |
Award
Filing footnotes — Option (Direct)
Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan. These 650,000 ISO's vest at one-third (1/3rd) per year, conditioned on Apeiron Systems, Inc., a wholly owned subsidiary of the Company ("Apeiron"), having been provided 100,000 simultaneous cellular customers by VIVA-US telecommunications, Inc. ("VIVA") under Apeiron's "Mobile Reseller Agreement" with VIVA dated November 10, 2023, and VIVA being fully paid and current with all outstanding amounts owed to Aperion, within one (1) year of the date of grant and with at least 100,000 of such simultaneous customer cellular contracts then being in full force and effect, or the grant of these ISO's shall expire. |
Option
|
216,666 |
| 2023-11-29 | Griffin Charles David |
COO, President |
Award
|
Option
|
183,333 |
| 2023-10-25 | PEARL JEFFREY |
Insider |
Convert
|
Common Stock
|
100,000 |
| 2023-10-25 | PEARL JEFFREY |
Insider |
Convert
|
Option
|
25,000 |
| 2023-10-25 | PEARL JEFFREY |
Insider |
Convert
|
Option
|
25,000 |
| 2023-10-25 | PEARL JEFFREY |
Insider |
Convert
|
Option
|
25,000 |