NEXTNRG, INC.
For the period ended Dec 31, 2025. Filed Apr 16, 2026.
View on SEC.govAbout 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$2.61+13.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| For the Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Sales – net | $81,835,279 | $27,770,280 |
| Costs and Expenses | ||
| Cost of sales | 74,928,249 | 25,983,342 |
| Gross margin | 6,907,030 | 1,786,938 |
| General and administrative expenses | 65,874,460 | 11,950,573 |
| Depreciation and amortization | 2,689,293 | 1,545,806 |
| Impairment loss | 8,535,825 | - |
| Total costs and expenses | 77,099,578 | 13,496,379 |
| Loss from operations | (70,192,548) | (11,709,441) |
| Other income (expense) | ||
| Interest income | 8 | 283,193 |
| Gain (loss) on settlement of liabilities | (862,661) | - |
| Loss on debt extinguishment - related party | - | (907,500) |
| Other income | 150,183 | 305,030 |
| Interest expense (including amortization of debt discount) | (17,270,979) | (9,367,915) |
| Total other income (expense) - net | (17,983,449) | (9,687,192) |
| Net loss | (88,175,997) | (21,396,633) |
| Non-controlling interest | (2,437,380) | - |
| Non-controlling interest before preferred stock dividends | (85,738,617) | (21,396,633) |
| Preferred stock dividend - payable on Series A convertible preferred stock - to be issued in common stock | (427,814) | (168,924) |
| Preferred stock dividend - payable on Series B convertible preferred stock - to be issued in common stock | (240,000) | (89,347) |
| Net loss available to common stockholders - basic and diluted | (86,406,431) | (21,654,904) |
| Per-Share Data | ||
| Basic and diluted loss per share | (0.72) | (5.97) |
| Weighted average number of shares - basic and diluted | 122,109,697 | 3,586,399 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.