NEXTNRG, INC.
For the period ended Dec 31, 2024. Filed Mar 27, 2025.
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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.
FY2024 · Filed Mar 27, 2025
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 Balance Sheets
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current Assets | ||
| Cash | $438,299 | $226,985 |
| Accounts receivable - net | 1,614,664 | 1,192,340 |
| Inventory | 126,400 | 134,057 |
| Due from related party | 17,150 | - |
| Prepaids and other | 42,509 | 220,909 |
| Total Current Assets | 2,239,022 | 1,774,291 |
| Deposit on future asset purchase | 2,035,283 | - |
| Property and equipment - net | 7,475,673 | 3,310,187 |
| Operating lease - right-of-use asset | 61,151 | 297,394 |
| Operating lease - right-of-use asset - related party | 314,957 | 286,397 |
| Deposits | 49,041 | 49,063 |
| Total Assets | $12,175,127 | $5,717,332 |
| Liabilities and Stockholders’ Equity (Deficit) | ||
| Current Liabilities | ||
| Accounts payable and accrued expenses | $1,468,788 | $845,275 |
| Accounts payable and accrued expenses - related parties | 83,204 | 72,428 |
| Notes payable - net | 5,718,076 | 946,228 |
| Notes payable - related parties - net | 1,954,289 | 4,802,115 |
| Operating lease liability | 69,128 | 246,880 |
| Operating lease liability - related party | 103,799 | 72,034 |
| Dividends payable (common stock) - related parties | 258,271 | - |
| Total Current Liabilities | 9,655,555 | 6,984,960 |
| Long Term Liabilities | ||
| Notes payable - net | 151,907 | 353,490 |
| Operating lease liability | - | 69,128 |
| Operating lease liability - related party | 212,094 | 215,960 |
| Total Long Term Liabilities | 364,001 | 638,578 |
| Total Liabilities | 10,019,556 | 7,623,538 |
| Commitments and Contingencies | - | - |
| Stockholders’ Equity (Deficit) | ||
| Preferred stock - $0.0001 par value; 5,000,000 shares authorized none issued and outstanding, respectively | - | - |
| Convertible Preferred stock - Series A, $0.0001 par value; 513,000 shares designated 363,000 and none issued and outstanding, respectively | 36 | - |
| Convertible Preferred stock - Series B, $0.0001 par value; 150,000 shares designated 140,000 and none issued and outstanding, respectively | 14 | - |
| Common stock - $0.0001 par value, 500,000,000 shares authorized 6,571,343 and 1,806,612 shares issued and outstanding, respectively | 667 | 180 |
| Common stock issuable (0 and 104,000 shares, respectively) | - | 10 |
| Additional paid-in capital | 63,919,183 | 43,410,654 |
| Accumulated deficit | (61,764,329) | (45,317,050) |
| Total Stockholders’ Equity (Deficit) | 2,155,571 | (1,906,206) |
| Total Liabilities and Stockholders’ Equity (Deficit) | $12,175,127 | $5,717,332 |
The accompanying notes are an integral part of these consolidated financial statements
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.