Earnings summaries and quarterly performance for NEXTNRG.
Executive leadership at NEXTNRG.
Board of directors at NEXTNRG.
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Recent press releases and 8-K filings for NXXT.
NextNRG Reports Q3 2025 Financial Results
NXXT
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- NextNRG, Inc. reported revenue of $22.9 million for Q3 2025, representing a 232% year-over-year increase compared to $6.9 million in Q3 2024.
- The company achieved a gross profit of $2.4 million in Q3 2025, with margins expanding to 11% from 8% in Q2 2025.
- NextNRG recorded a net loss of $14.9 million in Q3 2025, largely driven by non-cash stock-based compensation and growth-related investments.
- Strategic highlights include the mobile refueling division delivering its highest revenues and margins to date, expansion into new markets, and advancement in AI-driven smart microgrid projects and wireless EV charging initiatives.
Nov 17, 2025, 1:00 PM
NextNRG, Inc. completes multiple closings for convertible notes and warrants
NXXT
Debt Issuance
Convertible Preferred Issuance
- NextNRG, Inc. entered into a securities purchase agreement on September 8, 2025, to sell up to $11,800,000 in senior secured convertible notes and warrants to purchase up to 3,000,000 shares of common stock to an accredited investor, along with additional due diligence notes and warrants to a consultant.
- The company completed an initial closing on September 8, 2025, receiving $2,500,000 in gross proceeds from the issuance of $2,950,000 in notes and warrants for 750,000 shares, reflecting an 18% original issue discount.
- Two additional closings occurred on October 3, 2025, and October 22, 2025, each generating $1,250,000 in gross proceeds from the issuance of $1,475,000 in notes and warrants for 375,000 shares, also at an 18% original issue discount.
- The initial conversion price for the notes and due diligence notes issued on October 22, 2025, is $1.82 per share of common stock.
- Shares of common stock issuable upon conversion or exercise from these closings were registered via a shelf registration statement and prospectus supplement, while the underlying notes and warrants were primarily offered under a registration exemption.
Oct 24, 2025, 8:30 PM
NEXTNRG, INC. Completes Second Closing of Convertible Note and Warrant Offering
NXXT
Debt Issuance
- NEXTNRG, INC. entered into a securities purchase agreement on September 8, 2025, to sell up to $11,800,000 in senior secured convertible notes and warrants for up to 3,000,000 shares of common stock.
- An initial closing on September 8, 2025, generated $2,500,000 gross proceeds from the issuance of $2,950,000 in notes and warrants for 750,000 shares, reflecting an 18% original issue discount.
- A second closing on October 3, 2025, generated $1,250,000 gross proceeds from the issuance of $1,475,000 in notes and warrants for 375,000 shares, also with an 18% original issue discount and an initial conversion price of $1.92 per share.
Oct 9, 2025, 8:30 PM
NEXTNRG, INC. Issues Shares to CEO in Debt Conversion
NXXT
- On September 18, 2025, NextNRG, Inc. entered into a Stock Purchase Agreement with its Chief Executive Officer and Executive Chairman, Michael D. Farkas.
- Pursuant to the agreement, the Company issued 1,000,000 restricted shares of its common stock to Mr. Farkas at a price of $1.67 per share.
- The $1,670,000 purchase price was satisfied by the cancellation and discharge of outstanding indebtedness owed by the Company to Mr. Farkas, stemming from promissory notes issued between May 5, 2025, and June 10, 2025.
Sep 19, 2025, 1:15 PM
Quarterly earnings call transcripts for NEXTNRG.
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