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NEXTNRG, INC.
NXXTCIK 0001817004NasdaqEmerging GrowthRetail-Auto Dealers & Gasoline StationsDelawareFY ends Dec 31
Period
FY 2025
Revenue
$81.84M
Net Income
$-85.74M
Total Assets
$11.06M
Equity
$-19.68M
Shares Out
157.26M
Op. Cash Flow
$-14.50M
Business
NextNRG, Inc. operates a dual-platform energy and mobile fueling business. The company develops AI/ML-powered smart microgrid technology for renewable energy management, solar installations, battery storage, and wireless EV charging systems, marketed to utilities, commercial properties, and government entities through PPAs and SaaS licensing. It also operates a mobile fuel-delivery service with an app-based platform delivering gasoline directly to consumers, fleet operators, and specialty markets across seven U.S. states.
Summary from 10-K filed 2026-04-16
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | 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 |
|---|---|---|---|---|---|---|
| Sales net | 82 | 28 | 23 | 15 | 7 | |
| Cost of sales | 75 | 26 | 22 | 15 | 7 | |
| Gross margin | 7 | 2 | — | — | — | |
| General and administrative expenses | 66 | 12 | 9 | 16 | — | |
| Depreciation and amortization | 3 | 2 | 1 | 2 | 872,834 | |
| Impairment loss | 9 | — | — | — | — | |
| Total costs and expenses | 77 | 13 | 32 | 33 | 16 | |
| Loss from operations | −70 | −12 | −9 | −17 | −9 | |
| Interest income | 8 | 283,193 | 34,327 | 84,603 | — | |
| Gain (loss) on settlement of liabilities | −862,661 | — | — | — | — | |
| Loss on debt extinguishment - related party | — | −907,500 | −291,000 | — | — | |
| Other income | 150,183 | 305,030 | 64,800 | — | — | |
| Interest expense (including amortization of debt discount) | −17 | −9 | −2 | — | — | |
| Total other income (expense) - net | −18 | −10 | −2 | −19,486 | — | |
| Net loss | −88 | −21 | — | −18 | −9 | |
| Non-controlling interest | −2 | — | — | — | — | |
| Non-controlling interest before preferred stock dividends | −86 | −21 | −10 | −18 | −9 | |
| Net loss available to common stockholders diluted | −86 | −22 | −10 | — | — | |
| Net loss available to common stockholders - basic | — | −22 | −10 | — | — | |
| Basic loss per share | −0.72 | −5.97 | −6.98 | −5.3 | −0.46 | |
| Diluted loss per share | −0.72 | −5.97 | −6.98 | −5.3 | — | |
| Weighted average number of shares - basic | 122 | 4 | 2 | 3 | 20 | |
| Weighted average number of shares - diluted | 122 | 4 | 2 | 3 | — |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-01-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|---|
| Cash | 384,140 | 2 | — | 226,985 | — | |
| Accounts receivable - net | 2 | 2 | — | 1 | 766,692 | |
| Inventory | 609,861 | 126,400 | — | 134,057 | 151,248 | |
| Prepaids and other | 152,831 | 42,509 | — | 220,909 | 329,351 | |
| Total Current Assets | 3 | 3 | — | 2 | 5 | |
| Property and equipment - net | 7 | 8 | — | 3 | 5 | |
| Intangible assets - net | — | 5 | — | — | — | |
| Deposit on future asset purchase | — | 2 | — | — | — | |
| Project Deposit | — | 4 | — | — | — | |
| Deposits | 226,865 | 49,041 | — | 49,063 | 52,737 | |
| Total Assets | 11 | 22 | — | 6 | 11 | |
| Stock payable - related parties | 520,000 | — | — | — | — | |
| Total Current Liabilities | 28 | 35 | — | 7 | 3 | |
| Notes payable - net | 4 | 151,907 | — | 353,490 | 1 | |
| Total Long Term Liabilities | 5 | 364,001 | — | 638,578 | 2 | |
| Total Liabilities | 33 | 35 | — | 8 | 5 | |
| Commitments and Contingencies | — | — | — | — | — | |
| Common stock - $0.0001 par value, 500,000,000 shares authorized 142,426,924 and 106,707,827 shares issued and outstanding, respectively | 14,240 | 10,667 | — | 180 | 334 | |
| Additional paid-in capital | 134 | 55 | 25 | 43 | 41 | |
| Accumulated deficit | −154 | −68 | — | −45 | −35 | |
| Stockholders Deficit | −20 | −13 | — | −2 | 6 | |
| Non-controlling interest | −2 | — | — | — | — | |
| Total Stockholders Deficit | −22 | −13 | — | — | — | |
| Total Liabilities and Stockholders Deficit | 11 | 22 | — | 6 | 11 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | 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 loss | −88 | −21 | — | — | — | |
| Depreciation and amortization | 2 | 2 | 1 | 2 | — | |
| Impairment loss project deposit | 4 | — | — | — | — | |
| Impairment loss intangible assets | 5 | — | — | — | — | |
| Impairment of fixed assets | — | 13,422 | 105,506 | 258,114 | — | |
| Contributed capital | 571,215 | 168,700 | — | — | — | |
| Amortization of operating lease right-of-use asset related parties | 106,603 | 55,791 | 30,160 | — | — | |
| Amortization of operating lease right-of-use asset non related parties | — | 236,243 | 224,388 | — | — | |
| Amortization of debt discount | 6 | 5 | — | — | — | |
| Loss on settlement of liabilities notes | 4 | 907,500 | — | — | — | |
| Bad Debt Expense | −5,654 | — | — | — | — | |
| Default penalty, note extension fee, and imputed interest | 6 | 4 | — | — | — | |
| Bad debt expense | — | 50,581 | 83,564 | 17,489 | 17,644 | |
| Stock issued for services | 43 | 187,968 | 309,781 | 717,759 | 248,011 | |
| Stock-based compensation related party | 17,333 | 268,667 | — | 1 | 2 | |
| Accounts receivable | −418,896 | −427,899 | −509,212 | −688,425 | 75,802 | |
| Inventory | −483,461 | 7,657 | 17,191 | −104,905 | −5,288 | |
| Prepaids and other current assets | −110,322 | 183,974 | 108,442 | −147,845 | −69,727 | |
| Security deposits | −181,595 | — | 3,674 | — | — | |
| Accounts payable and accrued expenses | 2 | 803,810 | −411,204 | 677,114 | — | |
| Accounts payable and accrued expenses related party | 3 | 2 | 72,428 | — | −371,940 | |
| Stock payable related party | 520,000 | — | — | — | — | |
| Operating lease liability non related parties | −4,831 | −246,880 | −230,014 | 24,240 | — | |
| Operating lease liability related party | −103,785 | 27,899 | −28,563 | — | — | |
| NET CASH USED IN OPERATING ACTIVITIES | −14 | −6 | −7 | −12 | −6 | |
| Cash proceeds from sale of vehicles | — | — | — | — | — | |
| Cash proceeds from refund of project deposit (Yoshi) | — | — | — | — | — | |
| Deposit on future asset purchase (Yoshi) | — | −2 | — | — | — | |
| Project deposit | — | −4 | — | — | — | |
| Purchase of fixed assets | — | −6 | 40,616 | −3 | — | |
| Advances related party | — | −17,150 | — | — | — | |
| NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES | — | −12 | 2 | −2 | −5 | |
| Proceeds from issuance of Series B preferred stock RP | — | 1 | — | — | — | |
| Proceeds from notes payable | 19 | 15 | 250,000 | 2 | — | |
| Repayments on notes payable | −24 | −825,679 | — | — | — | |
| Proceeds from notes payable related party (M. Farkas) | 2 | 3 | 5 | — | 2 | |
| Repayments on notes payable related party | −1 | 0 | −262,500 | −657,719 | −2 | |
| Proceeds from common stock issued for cash | 15 | 0 | — | — | 115,000 | |
| Cash paid for direct offering costs | −2 | 0 | −25,308 | — | — | |
| Equify | 4 | — | — | — | — | |
| NET CASH PROVIDED BY FINANCING ACTIVITIES | 13 | 19 | 3 | 3 | 24 | |
| NET (DECREASE) INCREASE IN CASH | −1 | 590,856 | −2 | −11 | 13 | |
| Cash paid for interest | 909,000 | 185,742 | 178,944 | 101,075 | 455,791 | |
| Cash paid for income taxes | — | — | — | — | — | |
| Contributed capital | — | 168,700 | — | — | — | |
| Recognition of new operating lease non related party | 779,935 | — | — | — | — | |
| Reclassification of prior period deposit to vehicle purchase | 1 | — | — | — | — | |
| Conversion of notes payable to common stock | 16 | 10 | — | — | — | |
| Conversion of accrued interest related party to common stock | — | 474,196 | — | — | — | |
| Debt discount / OID non related party notes (stock for loan fees) | — | 2 | — | — | — | |
| Debt discount / OID related party note (Farkas 4%) | 175,000 | 1 | — | — | — | |
| Acquisition of Stat-EI assets (intangible / deposits) | — | 4 | — | — | — | |
| Payment of Series A preferred stock dividends in common stock | 427,814 | — | — | — | — | |
| Series A Preferred Dividends accrued (payable in common stock) | 427,814 | — | — | — | — |
Filings
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Frequently asked questions
What is NEXTNRG, INC.'s CIK number?
NEXTNRG, INC.'s SEC CIK number is 0001817004 (1817004). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find NEXTNRG, INC.'s SEC filings?
All of NEXTNRG, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did NEXTNRG, INC. last report earnings?
NEXTNRG, INC. (NXXT) most recently filed an earnings 8-K with the SEC on May 15, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001493152-26-023737). This is NEXTNRG, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is NEXTNRG, INC.'s most recent earnings 8-K?
NEXTNRG, INC.'s latest earnings 8-K (Item 2.02) was filed May 15, 2026 under accession 0001493152-26-023737. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View NEXTNRG, INC.'s latest earnings 8-K →
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