NXXT
NEXTNRG, INC.
Next earnings Aug 14, 2026 · consensus $-0.06 EPS, $24.0M rev
Last earnings -6.0% on 2026-05-15
$0.36
▲ +7.53%$0.36▼ -86.73%
over 1Y
L $0.28EODHDH $2.82
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+7.5%
1W-9.6%
1M-40.7%
3M-9.6%
YTD-73.4%
1Y-86.7%
Avoid
Conviction
Horizon
Long (>12mo)
Street · 7 analysts
Buy
Insolvent micro-cap with negative equity, a lapsed going-concern runway, and losses growing faster than its triple-digit revenue — uninvestable.
Net income -$85.7M · FY2025
NextNRG is a mobile-fueling micro-cap whose top line is exploding but whose economics are collapsing underneath it. FY2025 revenue jumped +194.7% to $81.8M, yet the company lost -$85.7M net (net margin -104.8%) and -$70.2M at the operating line (operating margin -85.8%) — meaning losses widened FASTER than sales. This isn't a scaling story approaching breakeven; it's a business that loses more the more it sells. Four straight years of deepening losses ($9.4M → $17.5M → $10.5M → $21.4M → $85.7M) and a -$154M accumulated deficit confirm the pattern.
The balance sheet is already past the point of stress into insolvency. Stockholders' equity is NEGATIVE -$19.7M, liabilities ($33.2M) are triple total assets ($11.1M), and current liabilities ($28.3M) swamp current assets ($3.19M) by ~9x. Operating cash flow was -$14.5M. Most damning: the 10-K's own risk factors state principal liquidity sources were 'only sufficient to fund our activities through April 30, 2026' — a date that has now PASSED (today is 2026-07-03), leaving the company reliant on capital it admits 'may not be available on terms acceptable to us, if at all,' under the shadow of a formal going-concern doubt.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $7.23M | $15.0M | $23.2M | $27.8M | $81.8M |
| Gross profit | — | — | — | — | — |
| Operating income | -$8.77M | -$17.5M | -$8.53M | -$11.7M | -$70.2M |
| Net income | -$9.38M | -$17.5M | -$10.5M | -$21.4M | -$85.7M |
| Diluted EPS | — | -$5.30 | -$6.98 | -$5.97 | -$0.72 |
| Net margin | -129.7% | -116.4% | -45.1% | -77.0% | -104.8% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$65.4M
EV / EBITDA—
EV / Sales0.8
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-152.0%
FCF yield-32.7%
Quality & risk
ROIC (est.)—
Free cash flow-$18.4M
Total debt$9.23M
Net cash-$9.00M
Altman Z-Score-34.72 distress
Piotroski F-Score3/8
Capital returns
Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY+39.9%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRecent disclosure tone has skewed negative — read the flagged items.
- 8-K Agreement terminated2026-06-18
Entered a new material agreement and terminated a prior one; contract mix reshuffled
- 8-K Reg FD disclosure2026-06-05
Reg FD investor/business update via press release; no binding financial commitment
- S-1 Securities registration2026-06-03
Filed S-1 to register more stock — signals further dilutive capital raising ahead
- 8-K Material agreement2026-05-28
New agreement plus unregistered equity sale — fresh capital but dilutes shareholders
- 8-K Earnings results2026-05-15
Q1'26: revenue up but ongoing losses, negative equity and going-concern doubt
- 10-Q Quarterly report2026-05-15
Q1'26: revenue up but ongoing losses, negative equity and going-concern doubt
- 10-K/A Restated periodic report2026-05-11
Amended FY2025 10-K to add/correct disclosures; no new operating results
- 8-K Material agreement2026-05-01
Took on new debt obligation to fund operations amid going-concern squeeze
- 8-K Material agreement2026-04-23
Another debt financing/direct obligation added to a cash-strapped balance sheet
Recent filings
all on EDGAR ↗4Period ending 2026-06-182026-06-22open ↗4Period ending 2026-06-162026-06-18open ↗8-KPeriod ending 2026-06-162026-06-18open ↗EFFECTFiling2026-06-11open ↗424B3Filing2026-06-11open ↗8-KPeriod ending 2026-06-052026-06-05open ↗S-1Filing2026-06-03open ↗8-KPeriod ending 2026-05-252026-05-28open ↗10-QPeriod ending 2026-03-312026-05-15open ↗8-KPeriod ending 2026-05-152026-05-15open ↗10-K/APeriod ending 2025-12-312026-05-11open ↗4Period ending 2026-04-302026-05-04open ↗
Frequently asked
- Is NEXTNRG, INC. (NXXT) a buy?
- NXXT currently carries a Avoid rating with 5/5 conviction, derived from its latest SEC filings. Insolvent micro-cap with negative equity, a lapsed going-concern runway, and losses growing faster than its triple-digit revenue — uninvestable.
- What is NEXTNRG, INC.'s quality score?
- NXXT scores 42.64782515890333/100 (grade D) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001817004, latest 10-Q filed 2026-05-15) · EODHD · Proprietary analysis · as of 7/3/2026, 4:54:12 PM.
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