NEXTNRG, INC. financials
Source: EDGAR filings · Built 2026-06-02T03:42:53Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | -10.19M | — | -14.86M | -8.30M | -1.63M |
| EBITDA | -67.81M | -10.16M | -7.43M | -15.72M | -7.90M | -6.48M |
| Working Capital | -25.12M | -31.35M | -5.21M | 2.14M | 16.50M | -2.46M |
| Net Debt | 10.07M | 18.82M | 6.19M | 677.61K | -12.91M | 396.58K |
| Gross Margin | 8.44% | 6.43% | 5.90% | -1.15% | 2.86% | 1.18% |
| Operating Margin | -85.77% | -42.17% | -36.76% | -116.23% | -121.22% | -193.31% |
| Net Margin | -104.77% | -77.05% | -45.11% | -116.36% | -129.71% | -202.27% |
| Return on Equity (ROE) | 435.72% | 168.01% | 549.36% | -302.58% | -42.91% | 489.56% |
| Return on Assets (ROA) | -774.98% | -95.61% | -183.16% | -165.18% | -40.93% | -258.45% |
| Current Ratio | 0.11× | 0.10× | 0.25× | 1.65× | 22.76× | 0.34× |
| Debt-to-Equity | -0.53× | -1.60× | -3.37× | 0.47× | 0.03× | -0.86× |
| Effective Tax Rate | — | — | — | — | 0.00% | 0.00% |
| Cash Conversion Ratio | 0.17× | 0.29× | 0.63× | 0.66× | 0.67× | 0.22× |
| Accruals Ratio | -6.44× | -0.68× | -0.67× | -0.56× | -0.13× | -2.01× |
| SBC % of Revenue | 0.02% | 0.97% | 1.25% | 9.39% | 26.21% | 128.96% |
| CapEx Coverage | — | -1.59× | — | -3.56× | -3.16× | -66.78× |
| Free Cash Flow Per Share | — | $-2.84 | — | $-4.50 | $-0.41 | $-0.16 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | — | — | — | 15.04M | 7.23M | 3.59M |
| Revenues | 81.84M | 27.77M | 23.22M | 15.04M | 7.23M | 3.59M |
| Cost of Goods and Services Sold | 74.93M | 25.98M | 21.85M | 15.22M | 7.03M | 3.54M |
| Operating Income (Loss) | -70.19M | -11.71M | -8.53M | -17.49M | -8.77M | -6.93M |
| Income Tax Expense (Benefit) | — | — | — | — | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -85.74M | -21.40M | -10.47M | -17.51M | -9.38M | -7.25M |
| Earnings Per Share, Basic | $-0.72 | $-5.97 | $-6.98 | $-5.30 | $-0.46 | — |
| Weighted Average Number of Shares Outstanding, Basic | 122.11M | 3.59M | 1.50M | 3.30M | 20.20M | — |
| Earnings Per Share, Diluted | $-0.72 | $-5.97 | $-6.98 | $-5.30 | — | — |
| Weighted Average Number of Shares Outstanding, Diluted | 122.11M | 3.59M | 1.50M | 3.30M | — | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | — | — | 226.99K | 2.07M | 13.56M | 882.87K |
| Assets, Current | 3.19M | 3.40M | 1.77M | 5.43M | 17.26M | 1.28M |
| Assets | 11.06M | 22.38M | 5.72M | 10.60M | 22.92M | 2.81M |
| Long-term Debt | — | 9.23M | 6.10M | 2.01M | 476.31K | — |
| Liabilities, Current | 28.30M | 34.75M | 6.98M | 3.30M | 758.24K | 3.74M |
| Liabilities | 33.18M | 35.11M | 7.62M | 4.81M | 1.06M | 4.29M |
| Stockholders' Equity Attributable to Parent | -19.68M | -12.74M | -1.91M | 5.79M | 21.87M | -1.48M |
| Common Stock, Shares, Outstanding | 156.59M | 106.71M | 1.81M | 3.34M | 26.24M | 17.20M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -14.50M | -6.26M | -6.64M | -11.60M | -6.31M | -1.61M |
| Payments to Acquire Property, Plant, and Equipment | — | — | — | 3.26M | 2.00M | 24.07K |
| Net Cash Provided by (Used in) Investing Activities | — | -11.68M | 2.17M | -2.43M | -5.39M | -24.07K |
| Net Cash Provided by (Used in) Financing Activities | 13.27M | 18.53M | 2.63M | 2.53M | 24.37M | 2.48M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| EBITDA | -9.02M | -24.19M | — | — | -5.17M | -3.89M |
| Working Capital | -25.00M | -25.12M | -29.97M | -29.83M | -24.05M | -31.35M |
| Net Debt | 13.24M | 10.07M | 12.44M | 12.96M | 13.08M | 18.82M |
| Gross Margin | 8.13% | 10.33% | 10.68% | 7.97% | 3.18% | 2.52% |
| Operating Margin | -47.93% | -107.21% | -39.38% | -156.24% | -35.36% | -62.78% |
| Net Margin | -50.97% | -115.69% | -61.79% | -183.33% | -54.00% | -37.63% |
| Return on Equity (ROE) | 54.82% | 135.29% | 86.44% | 264.59% | 158.00% | 20.07% |
| Return on Assets (ROA) | -87.52% | -240.62% | -71.90% | -141.45% | -33.76% | -11.42% |
| Current Ratio | 0.18× | 0.11× | 0.13× | 0.22× | 0.22× | 0.10× |
| Debt-to-Equity | -0.69× | -0.53× | -0.80× | -1.14× | -2.73× | -1.60× |
| Cash Conversion Ratio | 0.20× | 0.01× | 1.00× | 0.18× | 0.66× | 0.61× |
| Accruals Ratio | -0.70× | -2.37× | -0.00× | -1.17× | -0.12× | -0.04× |
| SBC % of Revenue | 4.49% | -10.58% | 10.72% | 4.98% | 0.11% | 0.00% |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/S | 0.72× | 2.77× | 3.57× | 6.80× | 9.47× | 11.91× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 21.06M | — | 22.86M | 19.69M | 16.27M | — |
| Revenues | 21.06M | 23.01M | 58.82M | 35.96M | 16.27M | 6.79M |
| Cost of Goods and Services Sold | 19.35M | 20.63M | 20.42M | 18.12M | 15.75M | 6.62M |
| Operating Income (Loss) | -10.09M | -24.67M | -9.00M | -30.77M | -5.75M | -4.26M |
| Net Income (Loss) Attributable to Parent | -10.73M | -26.62M | -14.12M | -36.10M | -8.79M | -2.56M |
| Earnings Per Share, Basic | $-0.07 | $-0.21 | $-0.12 | $-0.30 | $-1.59 | $-5.79 |
| Weighted Average Number of Shares Outstanding, Basic | 149.30M | 122.11M | 125.21M | 119.11M | 5.61M | 3.59M |
| Earnings Per Share, Diluted | $-0.07 | $-0.21 | $-0.12 | $-0.30 | $-1.59 | $-5.79 |
| Weighted Average Number of Shares Outstanding, Diluted | 149.30M | 122.11M | 125.21M | 119.11M | 5.61M | 3.59M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Assets, Current | 5.54M | 3.19M | 4.63M | 8.20M | 6.96M | 3.40M |
| Assets | 12.26M | 11.06M | 19.65M | 25.52M | 26.03M | 22.38M |
| Long-term Debt | — | — | — | — | — | 9.23M |
| Liabilities, Current | 30.54M | 28.30M | 34.60M | 38.03M | 31.01M | 34.75M |
| Liabilities | 34.31M | 33.18M | 36.92M | 39.35M | 31.74M | 35.11M |
| Stockholders' Equity Attributable to Parent | -19.58M | -19.68M | -16.34M | -13.64M | -5.56M | -12.74M |
| Common Stock, Shares, Outstanding | 156.59M | 156.59M | 128.11M | 122.05M | 112.24M | 106.71M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -2.15M | -392.61K | -14.10M | -6.34M | -5.77M | -1.57M |
| Net Cash Provided by (Used in) Investing Activities | — | — | 3.53M | 531.85K | — | -11.62M |
| Net Cash Provided by (Used in) Financing Activities | 1.97M | 3.65M | 9.61M | 6.85M | 6.28M | 14.40M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (NXXT CIK 0001817004),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.