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.
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Consolidated Statements of Operations
| For the Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Sales - net | $27,770,279 | $23,216,423 |
| Costs and expenses | ||
| Cost of sales | 25,467,415 | 21,845,574 |
| General and administrative expenses | 8,505,461 | 8,796,223 |
| Depreciation and amortization | 1,079,522 | 1,108,186 |
| Total costs and expenses | 35,052,398 | 31,749,983 |
| Loss from operations | (7,282,119) | (8,533,560) |
| Other income (expense) | ||
| Interest income | - | 34,327 |
| Other income | 249,253 | 64,800 |
| Interest expense (including amortization of debt discount) | (8,248,642) | (1,719,296) |
| Loss on sale of marketable debt securities - net | - | (27,160) |
| Loss on debt extinguishment - related party | (907,500) | (291,000) |
| Total other income (expense) - net | (8,906,889) | (1,938,329) |
| Net loss | $(16,189,008) | $(10,471,889) |
| Preferred stock dividend - payable on Series A convertible preferred stock - to be issued in common stock | (168,923) | - |
| Preferred stock dividend - payable on Series B convertible preferred stock - to be issued in common stock | (89,348) | - |
| Net loss available to common stockholders - basic and diluted | $(16,447,279) | $(10,471,889) |
| Loss per share - basic and diluted | $(4.66) | $(6.98) |
| Weighted average number of shares - basic and diluted | 3,586,399 | 1,501,215 |
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