Here are the 10-Q quarterly reports from Nixxy, Inc. Warrant (NIXXW) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow NIXXW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NIXXW filings page.
Nixxy, Inc. reported Q1 2026 net income of $537 thousand, compared with a net loss of $4.5 million a year earlier. Revenue jumped to $29.1 million, entirely from wholesale telecommunications services, versus $1.3 million in Q1 2025.
Operating performance remained thin, with cost of revenue of $29.0 million nearly matching revenue and total operating expenses of $30.3 million, producing a loss from continuing operations of $1.2 million. The company moved to profit mainly due to a $1.8 million gain on marketable securities.
Cash increased to $1.0 million from $0.2 million at year-end 2025, helped by $1.0 million of equity issuance and additional borrowings, while operating activities used $0.4 million of cash. Management discloses a going concern risk, citing a working capital deficit of about $0.4 million and the need for additional financing to fund operations over the next 12 months.