Next Technology Holding Inc.

Listed Company

NXTTCIK 0001784970NasdaqNon-AcceleratedEmerging GrowthServices-Computer Processing & Data PreparationWyomingCNFY ends Dec 31

Period

FY 2025

Revenue

$11.61M

Net Income

—

Total Assets

$524.13M

Equity

$455.58M

Shares Out

76.26M

Op. Cash Flow

$-3.07M

Business

Next Technology Holding Inc. provides AI-enabled software development services and pursues a Bitcoin acquisition and holding strategy. It offers AI-driven SaaS development, design, implementation and technical support services for businesses, and acquires and holds Bitcoin for trading using institutional custodians. The company operates through two principal segments: software development services and digital asset (Bitcoin) holdings and custody-related activities. It serves customers and markets in the United States, Hong Kong and Singapore, delivering software solutions to businesses and holding Bitcoin via institutional custody arrangements.

Summary from filing dated 2025-03-27

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Service revenue	12	2	—	12	14
Cost of revenue	−10	−730,000	−1	−10	−3
Gross Profit	2	1	1	2	12
General and administrative expenses	−67	−1	−3	−12	−6
Selling and marketing expenses	−750,184	—	—	—	—
Research and development expenses	−14	—	—	—	—
Total operating expenses	−82	−1	−3	—	—
Loss from operations	−80	−16,804	−1	−10	6
Impairment of long-term investment	—	−13	—	—	—
Other income, net	280	43	4	—	—
Income before income taxes	200	30	3	−9	6
Income tax expenses	−56	−8	−130,415	82,654	−1
Net income from continuing operation	143	22	3	—	—
Net income from discontinuing operation(a)	—	6,296	−13	—	—
Net income and total comprehensive income	143	22	−10	−10	5
Net income per share, basic from continuing operation (in Dollars per share)	61.77	746	2	—	—
Net income per share, diluted from continuing operation (in Dollars per share)	61.77	746	2	—	—
Net income per share, basic from discontinuing operation (in Dollars per share)	—	0.22	−8.4	—	—
Net income per share, diluted from discontinuing operation (in Dollars per share)	—	0.22	−8.4	—	—
Weighted-average shares outstanding, basic (in Shares)	2	28,878	2	223	305
Weighted-average shares outstanding, diluted (in Shares)	2	28,878	2	—	—

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2024 2024-03-31	FY 2023 2023-12-31	FY 2022 2022-12-31
Cash and cash equivalents	6	668,387	—	668,387	20
Digital assets	516	78	—	35	—
Accounts receivable, net	354,772	2	—	1	—
Prepayments and prepaid expenses	2	12	—	—	—
Total current assets	524	93	—	49	34
Investment in associate company	—	—	—	—	—
Total non-current assets	—	—	—	—	12
Total assets	524	93	—	49	46
Accounts payable	751,322	730,000	—	800,000	143,917
Amount due to related parties	—	—	2	—	—
Income tax payable	130,415	130,415	—	130,415	128,979
Accrued expense and other payables	2	1	—	—	—
Total current liabilities	4	3	—	4	5
Deferred tax liabilities	65	8	—	—	—
Total non-current liabilities	65	8	—	—	—
Total liabilities	69	11	—	4	5
Common stock: no par value; 4,882,556 and 34,882 issued and outstanding on December 31, 2025 and 2024, respectively	—	—	—	56	0
Additional paid-in capital	303	72	—	—	44
Retained earnings	152	10	—	−12	−2
Total Stockholders Equity	456	82	—	45	42
Total Liabilities and Stockholders Equity	524	93	—	49	46

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net income from discontinuing operation	—	6,296	—	—	—
Share-based compensation	77	—	—	—	—
Fair value gain on digital assets	−280	−43	−10	—	—
Deferred income tax expenses	56	8	—	—	—
Accounts receivable	1	−800,000	−1	−1	−3
Prepayments and prepaid expenses	−2	—	—	—	—
Accounts payable	21,322	−70,000	34,000	—	—
Amount due to related parties	−311,741	168,000	—	—	—
Accrued expense and other payables	1	706,805	—	—	—
Net cash used in continuing operating activities:	−3	—	−13	—	—
Net cash used in discontinuing operating activities:	—	—	33	—	—
Net cash used in operating activities:	−3	—	20	−18	−4
Net cash used in continuing investing activities:	—	—	−37	—	—
Net cash used in discontinuing investing activities:	—	—	5	—	—
Net cash used in investing activities:	—	—	−33	493,954	−1
Proceeds from issuance of common stock for a third party investor	8	—	13	38	0
Net cash provided by continuing financing activities:	8	—	13	—	—
Net cash provided by discontinuing financing activities:	—	—	—	—	—
Net cash provided by financing activities:	8	—	13	38	689,031
Change in Cash and Cash Equivalents:	5	—	645,461	—	—
Issuance of common stock to acquire digital assets	146	—	—	—	—
Advance payment for acquisition digital assets	12	—	—	—	—
Cash paid for interest	—	—	—	0	0
Cash paid for income taxes	1,904	—	—	0	480,528
Repayment of other payable through issuance of common stocks	—	1	—	—	—
Repayment of former executives through issuance of common stocks	—	594,140	—	—	—
Receipt of operating assets and repayment of liabilities through former executives and other third parties	1	477,817	438,308	—	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro