Nixxy, Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 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 31, 2025
NIXX$0.20-4.7%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 Statement of Changes in Stockholders’ Equity
FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023
| Preferred stockSeries E · Common stock · Common stockto be issued · AdditionalPaid in · Accumulated · Total Stockholders’ | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Shares · Amount · Capital · Deficit · Equity | |||||||||||
| Balance as of December 31, 2023 | 86,000 | $9 | 1,433,903 | $143 | - | $ | - | $77,348,939 | $(76,419,083) | $930,008 | |
| Stock based compensation - Options | - | - | - | - | - | - | 112,121 | - | 112,121 | ||
| Common stock issued for services | - | - | 2,702,374 | 270 | 40,000 | 4 | 5,502,524 | - | 5,502,798 | ||
| Conversion of Preferred stock, Series E, to Common stock | (86,000) | (9) | 28,667 | 3 | - | - | 6 | - | - | ||
| Common stock issued in connection with purchase of intangible assets | - | - | 392,155 | 39 | - | - | 647,016 | - | 647,055 | ||
| Warrants issued in connection with purchase of intangible assets | - | - | - | - | - | - | 480,358 | - | 480,358 | ||
| Issuance of common stock upon conversion of promissory notes | - | - | 454,415 | 45 | - | - | 797,007 | - | 797,052 | ||
| Common stock issued upon exercise of warrants for debt conversion | - | - | 213,186 | 21 | - | - | 592,036 | - | 592,057 | ||
| Common stock issued upon exercise of warrants for cash, net | - | - | 222,222 | 22 | - | - | 599,222 | - | 599,244 | ||
| Common stock issued upon exercise of warrants issued with purchase of intangible assets | - | - | 290,714 | 30 | - | - | (30) | - | - | ||
| Proceeds from sale of common stock | - | - | 3,647,640 | 365 | - | - | 4,330,613 | - | 4,330,978 | ||
| Issuance of common stock upon settlement of consulting agreement | - | - | 89,256 | 9 | - | - | 152,620 | - | 152,629 | ||
| Issuance of common stock upon settlement of debt | - | - | 5,611,944 | 563 | 466,625 | 45 | 11,029,039 | - | 11,029,647 | ||
| Net Loss | - | - | - | - | - | - | - | (22,593,628) | (22,593,628) | ||
| Balance as of December 31, 2024 | - | $ | - | 15,086,476 | $1,509 | 506,625 | $49 | $101,591,471 | $(99,012,711) | $2,580,318 | |
| Preferred Stock · Preferred Stock · Preferred Stock · Common · Common Stock · Additional · Total | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Series D · Series E · Series F · Stock · to be Issued · Paid-in · Accumulated · Stockholders’ | ||||||||||||||||
| Shares · Amount · Shares · Amount · Shares · Amount · Shares · Amount · Shares · Amount · Capital · Deficit · Equity | ||||||||||||||||
| Balance as of December 31, 2022 | - | $ | - | 86,000 | $9 | - | $ | - | 1,085,184 | $109 | 39,196 | $4 | $74,333,736 | $(69,255,541) | $5,078,317 | |
| Stock based compensation - Options | - | - | - | - | - | - | - | - | - | - | 1,338,760 | - | 1,338,760 | |||
| Stock based compensation - RSUs | - | - | - | - | - | - | - | - | - | - | 152,143 | - | 152,143 | |||
| Common stock issued for the exchange of warrants | - | - | - | - | - | - | 38,804 | 4 | (39,196) | (4) | - | - | - | |||
| Common stock issued for restricted stock units | - | - | - | - | - | - | 7,387 | 1 | - | - | (1) | - | - | |||
| Common stock issued upon exercise of warrants | - | - | - | - | - | - | 54,768 | 5 | - | - | 315,173 | - | 315,178 | |||
| Anti-dilution adjustment to warrants | - | - | - | - | - | - | - | - | - | - | 503,643 | (503,643) | - | |||
| Issuance of common stock, net of equity issuance costs of $250,490 | - | - | - | - | - | - | 130,000 | 13 | - | - | 785,496 | - | 785,509 | |||
| Recapitalization | - | - | - | - | - | - | - | - | - | - | (80,000) | - | (80,000) | |||
| Effect of the August 2023 reverse stock split on common stock | - | - | - | - | - | - | 25,537 | 2 | - | - | (2) | - | - | |||
| Common stock issued upon exercise of pre-funded warrants | - | - | - | - | - | - | 92,223 | 9 | - | - | (9) | - | - | |||
| Net loss | - | - | - | - | - | - | - | - | - | - | - | (6,659,899) | (6,659,899) | |||
| Balance as of December 31, 2023 | - | $ | - | 86,000 | $9 | - | $ | - | 1,433,903 | $143 | - | $ | - | $77,348,939 | $(76,419,083) | $930,008 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.