NEXTNRG, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $81.8M | $27.8M | $23.2M | $15.0M | $7.2M |
| Cost of revenue | $74.9M | $26.0M | $21.8M | $15.2M | $7.0M |
| Operating income | -$70.2M | -$11.7M | -$8.5M | -$17.5M | -$8.8M |
| Interest expense | $17.3M | $9.4M | $1.7M | $98,834 | $775,884 |
| Pretax income | — | — | — | -$17.5M | -$9.4M |
| Income tax expense | — | — | — | — | $0 |
| Net income | -$85.7M | -$21.4M | -$10.5M | -$17.5M | -$9.4M |
| Balance Sheet | |||||
| Cash and equivalents | — | — | $226,985 | $2.1M | $13.6M |
| Current assets | $3.2M | $3.4M | $1.8M | $5.4M | $17.3M |
| Total assets | $11.1M | $22.4M | $5.7M | $10.6M | $22.9M |
| Current liabilities | $28.3M | $34.7M | $7.0M | $3.3M | $758,236 |
| Total liabilities | $33.2M | $35.1M | $7.6M | $4.8M | $1.1M |
| Stockholders' equity | -$19.7M | -$12.7M | -$1.9M | $5.8M | $21.9M |
| Cash Flow Statement | |||||
| Cash from operations | -$14.5M | -$6.3M | -$6.6M | -$11.6M | -$6.3M |
| Depreciation and amortization | $2.4M | $1.5M | $1.1M | $1.8M | $140,398 |
| Stock-based compensation | $17,333 | $268,667 | $290,334 | $1.4M | $1.9M |
| Capital expenditure | — | $3.9M | — | $3.3M | $2.0M |
| Free cash flow | — | -$10.2M | — | -$14.9M | -$8.3M |
| Dividends paid | $0 | $0 | $0 | — | — |
| Impairments | $4.6M | $13,422 | $0 | $166,838 | — |
Shares outstanding 157.3M
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.