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Midas Edge

NEXTNRG, INC.

For the period ended Sep 30, 2025. Filed Nov 14, 2025.

View on SEC.gov

About this filing

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 exhibits
Contents

Unaudited Consolidated Statements of Stockholders’ Deficit

Consolidated Statements of Changes in Stockholders’ Deficit

For the Nine Months Ended September 30, 2025

Series A - Convertible Preferred Stock · Series B - Convertible Preferred Stock - Related Party · Common Stock · Additional Paid-in · Accumulated · Non-Controlling · Total Stockholders’
Shares · Amount · Shares · Amount · Shares · Amount · Capital · Deficit · Interest · Deficit
December 31, 2024363,000$36140,000$14106,707,827$10,667$54,789,949$(67,535,701)$-$(12,735,035)
Contributed Capital------571,215--571,215
Stock based compensation - related parties------17,333--17,333
Stock issued for cash----5,075,37850815,225,626--15,226,134
Cash paid as direct offering cost------(1,557,005)--(1,557,005)
Stock issued for services----410,774421,468,349--1,468,391
Stock issued as loan extension fee----41,4374149,996--150,000
Issuance of common stock for Series A dividend shares payable----61,2046168,917--168,923
Issuance of common stock for Series B dividend shares payable----32,372389,345--89,348
Series A - convertible preferred stock dividends - payable in common stock-------(113,438)-(113,438)
Series B - convertible preferred stock dividends - payable in common stock-------(60,000)-(60,000)
Par value true up adjustment------11---
Non-controlling interest--------(150,465)(150,465)
-
Net loss-------(8,787,534)-(8,787,534)
March 31, 2025363,00036140,00014112,328,992$11,229$70,923,726$(76,496,673)$(150,465)$(5,712,133)
Stock issued for services----6,926,04769319,857,647--19,858,340
Stock issued for prepaid services----1,889,0021895,623,236--5,623,425
Stock issued as loan extension fee----116,00012347,948--347,960
Stock issued for conversion of accounts payable----22,013268,678--68,680
Stock issued for conversion of notes payable----706,667712,119,929--2,120,000
Issuance of common stock for Series A dividend shares payable----41,1004113,434--113,438
Issuance of common stock for Series B dividend shares payable----21,739259,998--60,000
Series A - convertible preferred stock dividends - payable in common stock-------(113,438)-(113,438)
Series B - convertible preferred stock dividends - payable in common stock-------(60,000)-(60,000)
Non-controlling interest--------(32,509)(32,509)
-
Net loss-------(36,100,766)-(36,100,766)
June 30, 2025363,000$36140,000$14122,051,560$12,202$99,114,597$(112,770,877)$(182,974)$(13,827,002)
Stock issued for services----3,214,3373225,554,791--5,555,113
Stock issued as loan fees----396,373401,845,541--1,845,581
Stock issued for conversion of notes payable----2,380,9112384,131,402--4,131,640
Issuance of common stock for Series A dividend shares payable----41,1004113,434$(113,438)--
Issuance of common stock for Series B dividend shares payable----21,739259,998$(60,000)--
Non-controlling interest--------$(745,412)(745,412)
Net loss-------$(14,229,581)-(14,229,581)
September 30, 2025363,000$36140,000$14128,106,020$12,808$110,819,763$(127,173,896)$(928,386)$(17,269,661)

Consolidated Statements of Changes in Stockholders’ Deficit

For the Nine Months Ended September 30, 2024

Series A - Convertible Preferred Stock · Series B - Convertible Preferred Stock - Related Party · Common Stock · Additional Paid-in · Accumulated · Non-Controlling · Total Stockholders’
Shares · Amount · Shares · Amount · Shares · Amount · Capital · Deficit · Interest · Deficit
December 31, 2023363,000$36140,000$14101,806,612$10,217$43,478,200$(45,858,717)$-$(2,370,250)
Contributed Capital------168,700--168,700
Stock based compensation - related parties------147,334--147,334
Stock issued for services----377-----
Net loss-------(2,675,252)-(2,675,252)
March 31, 2024363,00036140,00014101,806,989$10,217$43,794,234$(48,533,969)$-$(4,729,468)
Stock based compensation - related parties----88,3369103,991--104,000
Stock issued as debt issue costs - related party----180,289171,058,317--1,058,334
Stock issued for prepaid services----138,00014677,536--677,550
Net loss-------(5,616,385)-(5,616,385)
June 30, 2024363,000$36140,000$14102,213,614$10,257$45,634,078$(54,150,354)$-$(8,505,969)
Stock based compensation - related parties------17,333--17,333
Stock issued for cash - related party----------
Conversion of debt - related party - preferred stock----------
Conversion of debt - related party - common stock----3,525,3413539,796,343--9,796,696
Stock issued as debt issue costs - related party----169,40014616,144--616,158
Stock issued for services----53,4005187,963--187,968
Reverse true up adjustment----66,0307(7)---
Issuance of previously issuable common stock - related party----242,00024(24)---
Loss on debt extinguishment - related party-----907,500--907,500
Series A and B - convertible preferred stock dividends - payable in common stock-------(84,834)-(84,834)
Issuance of common stock for Series A dividend shares payable----------
Issuance of common stock for Series B dividend shares payable----------
Net loss-------(10,618,576)-(10,618,576)
September 30, 2024363,000$36140,000$14106,269,785$10,660$57,159,330$(64,853,764)$-$(7,683,724)
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.