NEXTNRG, INC.
For the period ended Sep 30, 2025. Filed Nov 14, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 14, 2025
NXXT$0.19-92.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unaudited Consolidated Statements of Operations
NextNRG, Inc. and Subsidiaries
Consolidated Statements of Operations
| For the Three Months Ended September 30, · For the Nine Months Ended September 30, | ||||||
|---|---|---|---|---|---|---|
| 2025 · 2024 · 2025 · 2024 | ||||||
| Sales - net | $22,860,041 | $6,985,963 | $58,824,282 | $20,977,860 | ||
| Cost of sales (exclusive of depreciation shown separately below) | 20,418,074 | 6,379,138 | 54,294,530 | 19,361,923 | ||
| Gross margin (loss) | 2,441,967 | 606,825 | 4,529,752 | 1,615,937 | ||
| General and administrative expenses (includes approx. $5.6 million and $31.05 million of stock-based compensation for the three and nine months ended September 30, 2025, respectively | 10,906,663 | 3,191,826 | 48,224,935 | 7,887,726 | ||
| Depreciation and amortization | 537,171 | 399,448 | 1,826,259 | 1,173,269 | ||
| Total costs and expenses | 31,861,908 | 9,970,412 | 104,345,724 | 28,422,918 | ||
| Loss from operations | (9,001,867) | (2,984,449) | (45,521,442) | (7,445,058) | ||
| Other income (expense) | ||||||
| Interest income | 10 | 6 | 51 | 6 | ||
| Gain (loss) on settlement of liabilities | (1,592,837) | (907,500) | (2,727,781) | (907,500) | ||
| Other income | 11,651 | 60,252 | 237,283 | 184,503 | ||
| Interest expense (including amortization of debt discount) | (4,391,950) | (6,786,885) | (12,034,378) | (10,672,879) | ||
| Total other income (expense) - net | (5,973,126) | (7,634,127) | (14,524,825) | (11,395,870) | ||
| Net loss | (14,974,993) | (10,618,576) | (60,046,267) | (18,840,928) | ||
| Non-controlling interest | $(745,412) | $ | - | $(928,386) | $ | - |
| Non-controlling interest before preferred stock dividends | (14,124,837) | (10,618,576) | (59,117,881) | (18,840,928) | ||
| Preferred stock dividend - payable on Series A convertible preferred stock - to be issued in common stock | (113,438) | - | (226,876) | - | ||
| Preferred stock dividend - payable on Series B convertible preferred stock - to be issued in common stock | (60,000) | - | (120,000) | - | ||
| Net loss available to common stockholders - basic and diluted | $(14,298,275) | $(10,618,576) | $(59,464,757) | $(18,840,928) | ||
| Per-Share Data | ||||||
| Basic and diluted loss per share | (0.12) | (0.71) | (0.51) | (0.18) | ||
| Weighted average number of shares - basic and diluted | 125,214,661 | 15,044,007 | 118,043,373 | 102,311,154 | ||
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