NXXT NEXTNRG, INC.
Price Chart
Executive Summary
NextNRG reported Q1 2026 revenue of $21.1M (+29% YoY) and a GAAP net loss of -$10.8M, widening from -$8.9M a year ago due to $7.9M in non-cash stock-based compensation. Gross profit more than tripled to $1.7M (8.1% margin vs 3.2%), and interest expense fell 80% to $0.7M. However, cash burned to just $208K, raising near-term liquidity concerns.
Key Financial Metrics
Actionable Insight
The revenue beat and gross margin expansion are overshadowed by the cash crunch ($208K) and widening net loss. With no guidance and management evaluating financing, watch for a dilutive capital raise or strategic transaction in the near term. The stock may see pressure from liquidity concerns despite the top-line growth.
Key Facts
- Revenue $21.06M vs $16.27M YoY (+29%)
- Gross profit $1.71M vs $0.52M YoY; gross margin 8.1% vs 3.2%
- Net loss -$10.77M vs -$8.94M YoY; net loss available to common -$10.88M
- Operating loss -$10.09M vs -$5.75M YoY, driven by $7.86M stock-based compensation
- Interest expense $0.68M vs $3.32M YoY (-80%)
- Adjusted EBITDA -$1.16M vs -$3.40M YoY (improved $2.24M)
- Cash and equivalents $208K, down from $384K at Dec 31, 2025 and $2.12M at Mar 31, 2025
- Total assets $12.26M vs $11.06M at Dec 31, 2025
- Accounts receivable $2.90M vs $2.04M at Dec 31, 2025
- No guidance provided; management evaluating financing initiatives
Financial Impact
Revenue beat consensus of $18.1M by ~16%, but EPS of -$0.10 missed consensus of -$0.08 by 25%. Cash burn is acute with only $208K remaining.
Risk Factors
- Cash runway appears extremely limited at $208K, likely requiring near-term financing
- Net loss and operating loss continue to widen, driven by non-cash stock comp
- No forward guidance provided, creating uncertainty
- Accounts receivable grew 42% QoQ, potentially straining cash conversion
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-023737 |
| Exhibit: ex99-1.htm | 0001493152-26-023737 |
| Document: 0001493152-26-023737-index-headers.html | 0001493152-26-023737 |
| Document: 0001493152-26-023737-index.html | 0001493152-26-023737 |
| Document: 0001493152-26-023737.txt | 0001493152-26-023737 |
| 8-K Data (Synthetic) | 0001493152-26-023737 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 12, 2026
1d ago
|
EFFECT
| $0.4737 awaiting T+1 | awaiting T+1 | — | $0.4350 (+8.17%) |
|
Jun 5, 2026
7d ago
|
8-K
| $0.6902 awaiting T+1 | awaiting T+1 | — | $0.4350 (−36.97%) |
|
Jun 3, 2026
9d ago
|
S-1
| $0.6900 $0.5847 | ▲ +15.26% | ▲ +12.69% | $0.4350 (+36.96%) |
|
May 28, 2026
15d ago
|
8-K
| $0.7160 $0.6430 | ▼ −10.20% | ▼ −10.44% | $0.4350 (−39.25%) |
|
May 26, 2026
17d ago
|
Press Release
| $0.8140 $0.7520 | ▼ −7.62% | ▼ −7.63% | $0.4350 (−46.56%) |
|
May 19, 2026
24d ago
|
Press Release
| $0.8200 $0.6730 | ▼ −17.93% | ▼ −18.97% | $0.4350 (−46.95%) |
|
May 17, 2026
26d ago
|
Press Release
| $0.4100 $0.8200 | ▼ −100.00% | ▼ −100.65% | $0.4350 (−6.10%) |
|
May 15, 2026
28d ago
|
Press Release
| $0.4100 $0.8200 | ▼ −100.00% | ▼ −100.65% | $0.4350 (−6.10%) |
|
May 15, 2026
28d ago
|
Press Release
| $0.4100 $0.8200 | ▼ −100.00% | ▼ −100.65% | $0.4350 (−6.10%) |
|
May 15, 2026
28d ago
|
8-K
| $0.4100 $0.8200 | ▼ −100.00% | ▼ −100.65% | $0.4350 (−6.10%) |
US Market Status
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