NextNRG, Inc.

1.8200-0.07 (-3.7%)

Oct 29, 4:00:01 PM EDT · NasdaqCM · NXXT · USD

Upcoming Earnings

Report date

≈ Nov 13, 2025 (in 14 days)

Key Stats

Market Cap

230.36M

P/E (TTM)

Basic EPS (TTM)

-0.44

Dividend Yield

Recent Filings

8-K

10/24/25Oct 24, 2025

8-K

Second closing boosts funding

10/9/25Oct 9, 2025

NextNRG secured $1.25 million in gross proceeds from its second closing under a securities purchase agreement on October 3, 2025, issuing senior secured convertible notes worth $1.475 million (18% OID), warrants for 375,000 shares at $5.00, and due diligence notes of $147,500 with warrants for 37,500 shares; conversion price stands at $1.92 per share. This tranche builds on September's initial $2.5 million raise, bolstering liquidity amid an 18% discount structure. Shares upon conversion or exercise are registered via the company's S-3 shelf. Yet dilution looms large.

8-K

CEO settles debt with shares

9/19/25Sep 19, 2025

NextNRG issued 1,000,000 restricted common shares to CEO Michael D. Farkas on September 18, 2025, at $1.67 per share, settling $1,670,000 in promissory note debt from May and June. This private transaction, exempt under Section 4(a)(2), clears outstanding obligations without cash outlay. Debt reduction bolsters the balance sheet. Shares remain restricted.

8-K

August Revenue Soars 222%

9/10/25Sep 10, 2025

NextNRG reported preliminary August 2025 revenue of $7.51 million, surging 222% year-over-year from $2.33 million, with gallons delivered jumping 239% to 2.18 million. Year-to-date revenue hit $51.6 million, nearly doubling full-year 2024's $27 million, fueled by stronger customer utilization and market share gains. August dipped 9% sequentially from July's $8.19 million peak due to a one-off seasonal surge, yet the company eyes profitability via RenCast development and AI platform expansion. Momentum holds firm.

8-K

NextNRG inks $2.5M deal for convertible notes and warrants, fueling microgrid expansion.

9/9/25Sep 9, 2025

NextNRG secures $2.5M in convertible notes with warrants, bolstering its microgrid ambitions amid rising clean energy demand.

About

NextNRG Inc. engages in mobile fueling operations in the United States. The company offers on-demand and subscription-based fuel delivery services to individual consumers, fleets, marine, and other specialty markets. It is also involved in developing and deploying wireless electric vehicle charging technology with battery storage and solar energy solutions. In addition, the company offers smart grid products. NextNRG Inc. was incorporated in 2016 and is headquartered in Miami, Florida.

CEO

Mr. Michael D. Handelman CPA

IPO

9/15/2021

Website

https://nextnrg.com

Employees

163

Sector

Utilities

Industry

Utilities - Renewable