NEXTNRG, INC.
For the period ended Dec 31, 2024. Filed Mar 27, 2025.
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.
FY2024 · Filed Mar 27, 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
Consolidated Statements of Changes in Stockholders’ Equity (Deficit)
Consolidated Statements of Changes in Stockholders’ Deficit
For the Three and Nine Months Ended September 30, 2024
| Series A - Convertible · Series B - Convertible · Additional · Total | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Preferred Stock · Preferred Stock · Common Stock · Common Stock Issuable · Paid-in · Accumulated · Stockholders’ | |||||||||||||||
| Shares · Amount · Shares · Amount · Shares · Amount · Shares · Amount · Capital · Deficit · Equity (Deficit) | |||||||||||||||
| December 31, 2023 | - | $ | - | - | $ | - | 1,806,612 | $180 | 104,000 | $10 | $43,410,654 | $(45,317,050) | - | $(1,906,206) | |
| Stock based compensation - related parties | - | - | - | - | 224,820 | 21 | - | - | 805,979 | - | 806,000 | ||||
| Stock issued for cash - related party | - | - | 140,000 | 14 | - | - | - | - | 1,399,986 | - | 1,400,000 | ||||
| Stock issued for accounts payable | - | - | - | - | 2,703 | - | - | - | 10,000 | - | 10,000 | ||||
| Stock issued in connection with loan interest expense - related party | - | - | - | - | - | - | 138,000 | 14 | 677,536 | - | 677,550 | ||||
| Conversion of debt - related party - preferred stock | 363,000 | 36 | - | - | - | - | - | - | 3,629,964 | - | 3,630,000 | ||||
| Stock issued as debt issue costs - related party | - | - | - | - | 425,978 | 40 | - | - | 2,020,347 | - | 2,020,387 | ||||
| Stock issued for services | - | - | - | - | 212,730 | 22 | - | - | 725,618 | - | 725,640 | ||||
| Conversion of debt - related party - common stock | - | - | - | - | 3,525,341 | 353 | - | - | 9,796,343 | - | 9,796,696 | ||||
| Issuance of previously issuable common stock - related party | - | - | - | - | 242,000 | 24 | (242,000) | (24) | - | - | - | ||||
| Loss on debt extinguishment - related party | - | - | - | - | - | - | - | - | 907,500 | - | 907,500 | ||||
| Stock issued as deposit for future asset purchase | - | - | - | - | 201,613 | 20 | - | - | 535,263 | - | 535,283 | ||||
| Reverse split true up adjustment | - | - | - | - | 66,030 | 7 | - | - | (7) | - | - | ||||
| Series A and B - convertible preferred stock dividends - payable in common stock | - | - | - | - | - | - | - | - | - | (258,271) | (258,271) | ||||
| Net loss | - | - | - | - | - | - | - | - | - | (16,189,008) | - | (16,189,008) | |||
| December 31, 2024 | 363,000 | $36 | 140,000 | $14 | 6,707,827 | $667 | - | $ | - | $63,919,183 | $(61,764,329) | - | $2,155,571 | ||
Consolidated Statements of Changes in Stockholders’ Equity (Deficit)
For the Year Ended December 31, 2023
| Additional · Accumulated Other · Total Stockholders’ | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Preferred Stock · Common Stock · Common Stock Issuable · Paid-in · Accumulated · Comprehensive · Equity | |||||||||||||
| Shares · Amount · Shares · Amount · Shares · Amount · Capital · Deficit · Loss · (Deficit) | |||||||||||||
| December 31, 2022 | - | $ | - | 1,334,270 | $133 | - | $ | - | $40,675,065 | $(34,845,161) | $(44,590) | $5,785,447 | |
| Stock based compensation - related parties | - | - | 268,986 | 27 | - | - | 1,215,338 | - | - | 1,215,365 | |||
| Stock based compensation - other | - | - | - | - | - | - | 37,031 | - | - | 37,031 | |||
| Stock sold for cash (ATM) - net of offering costs | - | - | 3,357 | - | - | - | 25,308 | - | - | 25,308 | |||
| Cash paid for direct offering costs | (25,308) | (25,308) | |||||||||||
| Unrealized gain on debt securities | - | - | - | - | - | - | - | - | 44,590 | 44,590 | |||
| Stock issued as debt issue costs - related party | - | - | 160,000 | 16 | 104,000 | 10 | 919,474 | - | - | 919,500 | |||
| Stock issued for services | - | - | 40,000 | 4 | - | - | 272,746 | - | - | 272,750 | |||
| Loss on debt extinguishment - related party | 291,000 | 291,000 | |||||||||||
| Net loss | - | - | - | - | - | - | - | (10,471,889) | - | (10,471,889) | |||
| December 31, 2023 | - | $ | - | 1,806,612 | $180 | 104,000 | $10 | $43,410,654 | $(45,317,050) | $ | - | $(1,906,206) | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.