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Midas Edge

NEXTNRG, INC.

For the period ended Dec 31, 2025. Filed Apr 16, 2026.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Apr 16, 2026

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

Consolidated Statements of Changes in Stockholders’ Equity (Deficit)

For the Year Ended December 31, 2025

Series B - Convertible
Series A - Convertible Preferred Stock · Preferred Stock - Related Party · Common Stock · Additional Paid-in · Accumulated · Non-Controlling · Total Stockholders’
Shares · Amount · Shares · Amount · Shares · Amount · Capital · Deficit · Interest · Deficit
January 1, 2025363,000$36140,000$14106,707,827$10,667$54,789,949$(67,535,699)$-$(12,735,033)
Contributed Capital------571,215.00--571,215
Conversion of Series A to Common(83,000)(8)--375,56638(30)---
Cash paid as direct offering cost------(1,557,004)--(1,557,004)
Stock issued for cash----5,075,37850815,225,626--15,226,134
Stock issued as loan extension fee----247,43724641,035--641,059
Equity issued for loan fees----306,373315,049,604--5,049,635
Issuance of common stock for Series A dividend shares payable----184,50418509,219--509,237
Issuance of common stock for Series B dividend shares payable----97,58910269,338--269,348
Series A - convertible preferred stock dividends - payable in common stock-------(427,816)-(427,816)
Series B - convertible preferred stock dividends - payable in common stock-------(240,000)-(240,000)
Stock based compensation - related parties------17,333--17,333
Stock issued for conversion of accounts payable----22,013268,678--68,680
Stock issued for conversion of notes payable----11,440,0771,14416,077,656--16,078,800
Par value true up adjustment------1--1
Non-controlling interest--------(2,437,380)(2,437,380)
Stock issued for services----17,970,1601,79842,587,765--42,589,563
Net loss-------(85,738,617)-(85,738,617)
December 31, 2025280,00028140,00014142,426,924$14,240$134,250,385$(153,942,132)$(2,437,380)$(22,114,845)

NEXTNRG, INC. AND SUBSIDIARIES

Consolidated Statements of Changes in Stockholders’ Equity (Deficit)

For the Year Ended December 31, 2024

Series B - Convertible
Series A - Convertible Preferred Stock · 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$43,478,200$(45,880,795)-$(2,392,328)
Contributed Capital------168,700-168,700
Stock based compensation - related parties----224,82021268,658--268,679
Stock issued for cash - related party--------
Stocks issued for accounts payable----2,703----
Stocks issued in connection with loan interest expense - related party---------
Stock issued as debt issue costs - related party----425,978401,674,461--1,674,501
Stock issued for services----212,73022187,963--187,985
Conversion of debt----3,525,3413168,104,498--8,104,814
Issuance of previously issuable common stock - related party----242,00024(24)--
Loss on debt extinguishment - related party------907,500--907,500
Stock issued as deposit for future asset purchase----201,61320--20
Reverse split true up adjustment----66,0307(7)---
Series A and B - convertible preferred stock dividends - payable in common stock-------(258,271)-(258,271)
-
Net loss-------(21,396,633)-(21,396,633)
December 31, 2024363,00036140,00014106,707,827$10,667$54,789,949$(67,535,699)$-$(12,735,033)
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.