NXXT Research | Milton Maxwell

NXXT

NextNRG Inc.

1.4400

-0.1700-10.6%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

FY Q3 '25

Q&A reaffirms growth, details pipeline

11/16/25Nov 16, 2025

Q&A largely reaffirmed the scripted story of 232% revenue growth to $22.9M and margins hitting 11%, with no walk-backs or surprises. Pipeline details emerged: municipalities and commercial facilities chasing on-site generation, battery storage, and smart microgrids to unify solar setups. Joel confirmed margin gains sustainable via route density and volume discounts. On cash flow, management tied positivity to scaling but dodged a timeline. Losses narrowing quarter-over-quarter. Bulls eye pipeline wins.

Key Stats

Market Cap

194.99M

P/E (TTM)

Basic EPS (TTM)

-0.48

Dividend Yield

Recent Filings

8-K

NextNRG raises $500K via shares

1/26/26Jan 26, 2026

NextNRG sold 462,962 common shares to an accredited investor on January 20, 2026, for $500,000 at $1.08 per share under a Stock Purchase Agreement. The restricted shares rely on a Securities Act exemption. Cash bolsters liquidity. No use of proceeds disclosed.

8-K

Terminates $60M ATM facility

1/23/26Jan 23, 2026

NextNRG terminated its ATM Agreement with ThinkEquity, H.C. Wainwright, and Roth Capital, effective January 17, 2026, ending the $60M common stock sales facility originally set at $75M. No immediate plans for another ATM. Company shifts to value-add strategic investors for long-term growth.

8-K

Stockholders approve board, reincorporation

1/5/26Jan 5, 2026

NextNRG stockholders overwhelmingly elected Michael D. Farkas, Daniel Arbour, Bennett Kurtz, Jack Leibler, and Sean Oppen to the board at the December 29, 2025 annual meeting. They approved reincorporating from Delaware to Nevada (95.8M for, 0.9M against) and ratified M&K CPAs as auditors for fiscal 2025. Directors locked in. Nevada shift streamlines governance.

8-K

Lawsuit over $5M note default

1/2/26Jan 2, 2026

NextNRG's subsidiary faces a lawsuit from Cohen Global Energy over a defaulted $5.0 million promissory note, originally issued December 16, 2024, and extended to November 1, 2025. The lender seeks full repayment plus interest and default charges after failed extension talks. Company vows vigorous defense. Outcome uncertain.

8-K

CEO settles interest debt with shares

11/28/25Nov 28, 2025

NextNRG issued 1,000,000 restricted common shares to CEO Michael Farkas at $1.04 each on November 24, 2025, settling $1,040,000 in accrued interest on promissory notes from 2023-2025. Principal debt remains outstanding. Shares cleared via Nasdaq bid price. Debt cleanup preserves cash.

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