Nxt Energy (NSFDF) Stock News

NXT Energy Solutions (OTCQB:NSFDF) reported Q3 and YTD results for the period ended September 30, 2025. YTD SFD® revenue was $14.21M versus $0.60M in YTD 2024, driven by African and Southeast Asia SFD® surveys. YTD net loss narrowed to $1.08M from $6.28M in 2024; excluding a $5.83M non‑cash convertible debenture remeasurement loss, pre‑tax operations would show an approximate $4.75M profit. Approximately US$5.72M (92.7%) of debentures converted into ~29.4M common shares. Cash and short‑term investments were $0.95M and net working capital was $2.60M at Sept 30, 2025. Operations teams deployed to Pakistan for an SFD® survey with delivery expected in Q4 2025.

NXT Energy Solutions (OTCQB: NSFDF; TSX: SFD) will present at the Planet MicroCap Showcase: TORONTO 2025 on Wednesday, October 22, 2025 at 9:30 AM EDT. CEO Bruce G. Wilcox will host the presentation and answer questions at the conclusion.

The company reported $14.12 million of revenue through June 30, 2025, its highest nine‑year revenue level, and said it will share its investment story at the event. The live presentation is available via webcast and recordings will be posted on the conference platform under the "Agenda" tab. In‑person 1x1 investor meetings can be scheduled at the Arcadian Loft in downtown Toronto.

NXT Energy Solutions (OTCQB:NSFDF) announced that CEO Bruce G. Wilcox will present at the 30th anniversary EnerCom Denver conference on August 18, 2025 at 4:50 pm MDT. The conference is recognized as the largest independent investor conference for the global oil and gas and broadening energy industry.

The event is open to all energy companies, investors, and professionals. Interested parties can register for one-on-one meetings or access the presentation webcast through the conference website.

NXT Energy Solutions (OTCQB:NSFDF) reported its Q2 2025 financial results, highlighting significant growth and financial transformation. The company achieved SFD® revenues of $14.1 million for H1 2025, compared to $0.6 million in H1 2024. During Q2, US$5.67 million of convertible debentures were converted to common shares. Despite recording YTD net income of $0.70 million, Q2 saw a net loss of $6.98 million, primarily due to a $7.74 million non-cash charge from fair value adjustments following a 178% share price increase.

The company secured new contracts, including a second 2025 SFD® survey contract with Synergy E&P Limited in Africa. Net working capital improved by $10.53 million, reaching $3.89 million as of June 30, 2025. Major shareholders include Mork Capital (28.0%) and Ataraxia (12.4%) following their debenture conversions.

NXT Energy Solutions (OTCQB:NSFDF) announced that Mork Capital has converted a total of USD$3,375,000 in convertible debentures into common shares. The conversion includes USD$1,000,000 from November 2023 debentures, USD$375,000 from January 2024 debentures, and USD$2,000,000 from May 2024 debentures.

Following the conversion effective June 26, 2025, Mork Capital's ownership in NXT Energy increased from 16.0% to approximately 28.0% of outstanding shares. The conversion resulted in the issuance of 15,605,088 common shares, bringing Mork Capital's total shareholding to 30,526,321 shares.

NXT Energy Solutions (OTCQB:NSFDF) announced that MCAPM, LP and Michael P. Mork (Mork Capital) have converted their entire debenture holdings of US$3,375,000 into 15,605,088 common shares of the company. Following this conversion, Mork Capital's ownership has increased to approximately 30,526,321 common shares, representing 28.0% of NXT's total issued and outstanding common shares.

NXT Energy Solutions CEO Bruce G. Wilcox delivered remarks at the company's annual shareholder meeting, highlighting significant operational progress and strategic direction. The company is experiencing a nearly full calendar for 2025 and building pipeline for 2026, following their strategy of 'Frequency, Adjacency and Repeatability'. NXT has improved its interpretation capabilities through rehiring staff and is working on enhancing data delivery mechanisms. The company has seen substantial improvement in working capital and balance sheet strength following recent earnings and debenture conversion by their Strategic Partner. While cautioning against expecting quarter-over-quarter revenue growth, management aims for annual progress and is considering future expansion of resources including additional aircraft when financially viable.

NXT Energy Solutions Inc. held its Annual Meeting of Shareholders on June 2, 2025, where shareholders approved several key resolutions. Eight directors were elected with overwhelming support, each receiving over 99% approval. MNP LLP was unanimously appointed as the company's auditors. Shareholders also approved the Amended and Restated Stock Option Plan and the Deferred Share Unit Plan, both with 98.91% support. The meeting demonstrated strong shareholder alignment with management's proposals, with most resolutions passing with near-unanimous approval. Notable directors elected include Peter Mork, Theodore Patsellis, and Bruce G. Wilcox, among others.

NXT Energy Solutions Inc. announced that Ataraxia Capital has converted all of its debentures worth US$2.3 million into 13,540,208 common shares of the company. Following this conversion, Ataraxia now holds approximately 14.6% ownership stake in NXT. The company's CEO Bruce G. Wilcox expressed gratitude to Ataraxia's CEO Dr. Daere Akobo for his support during NXT's period of transformation, highlighting the significance of their strategic partnership.