The Nexscient, Inc. (OTCQB: NXNT) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, including Form 8-K current reports and other key documents filed with the U.S. Securities and Exchange Commission. These filings offer detailed information on Nexscient’s material agreements, strategic alliances, acquisitions, and corporate governance events.
Recent Form 8-K reports describe important developments such as the Stock Purchase Agreement to acquire Crestview BPO Pte. Ltd., which will own 100% of Flipside Digital Content Company, Inc. (Flipside AI) following a reorganization. The filing outlines the structure of the consideration, including cash, a seller convertible promissory note, and restricted shares of Nexscient common stock, as well as customary representations, warranties, covenants, and closing conditions. Another 8-K explains Nexscient’s Strategic Alliance Agreement with Tekcapital, plc, under which Tekcapital provides a pipeline of university-originated technologies in Nexscient’s AI and advanced computing focus areas, in exchange for restricted common stock.
Additional 8-K disclosures cover corporate matters such as the resignation of the Chief Financial Officer and the appointment of the Chief Executive Officer as Interim Chief Financial Officer. These documents help investors understand changes in Nexscient’s leadership and governance structure.
On Stock Titan, Nexscient’s SEC filings are updated as new documents are posted to the EDGAR system. AI-powered summaries highlight the core terms of material agreements, equity issuances, and management changes, helping readers interpret complex language in forms like 8-K. Users can review historical filings to follow Nexscient’s acquisition activity, strategic partnerships, and other reportable events that shape its AI-focused business model.
Nexscient, Inc. (NXNT) reported no revenue and a $316,468 net loss for the six-month transition period ended December 31, 2025, compared with a $287,389 net loss in the comparable six months of 2024. Net cash used in operating activities was $132,011, versus $261,779. Cash was $28,459 and the working capital deficit was $370,416 at December 31, 2025. These statements predate the acquisition of Flipside AI.
On April 1, 2026, Nexscient completed its acquisition of TaskAlpha and Flipside AI for total consideration of $2,609,694: $600,000 in cash, a $450,000 seller convertible note recorded at $379,694, and 6,520,000 common shares valued at $1,630,000. Flipside AI generated $1,110,112 in revenue at approximately 39% gross margin in the quarter ended June 30, 2026; four customers accounted for 76% of revenue. At June 30, 2026, current liabilities exceeded current assets, including $530,000 of convertible debentures maturing within twelve months of that date. Management concluded substantial doubt about Nexscient’s ability to continue as a going concern had not been alleviated.
Nexscient, Inc. (NXNT) provides audited standalone financial statements for its indirect Philippine subsidiary, Flipside Digital Content Company Inc., for 2025 and 2024. Flipside provides data curation and annotation services for AI customers in autonomous driving, robotics, and geospatial markets, with revenues largely billed in U.S. Dollars.
Flipside generated $2.48 million of net revenues in both 2025 and 2024, but results shifted from net income of $18,998 in 2024 to a net loss of $174,777 in 2025 as higher interest expense and lower operating income reduced profitability. Total assets were $1.75 million at December 31, 2025, including $1.23 million of current assets, against $1.44 million of total liabilities and stockholders’ equity of $310,933.
Borrowings totaled $806,921, of which $741,917 is current, largely from high-rate Philippine lenders and related parties. Management and the auditor highlight conditions that raise substantial doubt about Flipside’s ability to continue as a going concern, including current borrowings, negative operating cash flow of $368,526 in 2025, a related-party receivable of $810,233 with no prior fixed terms, and reliance on a small number of major AI customers that represented about 96% of 2025 revenue. Flipside became an indirect wholly owned subsidiary of Nexscient on April 1, 2026.
Nexscient describes the acquisition of Flipside AI as the operational foundation of a vertically integrated AI training-data strategy. The acquired organization includes more than 350 employees, with a target of approximately 850 employees by year-end, focused on high-quality data for embodied intelligence applications such as humanoid robotics and autonomous systems.
The company is developing two key platforms: TaskAlpha, a Singapore-based data-collection and workflow infrastructure, and AlphaCortex, a curated training-data catalog intended for licensing. Leadership and governance have been expanded through the appointment of Flipside founder Anthony De Luna as Director and CTO and the addition of independent director Jaime Fanlo, as Nexscient prepares for potential Nasdaq uplisting and broader capital-markets engagement.
Over the past four months, Nexscient completed two financing rounds totaling $1.53 million to support growth, while signaling that additional capital will likely be required to expand capacity, advance platform development, and pursue an eventual exchange listing.
Nexscient, Inc. reported its first revenue-generating quarter following the April 1, 2026 acquisition of TaskAlpha/Flipside AI. For the three and six months ended June 30, 2026, revenue was $1,110,112, all from Flipside AI’s AI data-engineering services, with four customers providing 76.2% of revenue.
Gross profit was $437,213 (about 39% margin). Operating expenses were $817,287, including a $135,000 software impairment and $81,500 of acquisition-related broker costs. Net loss was $430,456 for the quarter and $557,687 year-to-date. On a pro forma basis, six‑month 2026 revenue would have been $1,795,498 versus $1,160,617 in 2025.
At June 30, 2026, Nexscient held $489,216 of cash, total assets of $4,680,235 (including $2,583,253 of goodwill), and total debt of about $1.73 million. Current liabilities of $1,775,262 exceeded current assets, creating a working-capital deficit and refinancing pressure on short-term Philippine borrowings and a $200,000 Arcadia loan. Management disclosed that substantial doubt about the company’s ability to continue as a going concern has not been alleviated.
The quarter also brought 12.9 million new shares issued (cash raises, acquisition, services and wage settlement), bringing shares outstanding to 34,564,312. Management identified material weaknesses in internal control over financial reporting, driven by limited staffing, lack of formal policies, and complexities from integrating the new international operations.
Nexscient, Inc. reported leadership and governance changes. Effective June 30, 2026, Chief Operating Officer Tarek Shoufani resigned from his officer role but will continue serving as a non-employee director. The company stated his resignation was not due to any disagreement over operations, policies, or practices.
Effective July 1, 2026, the board appointed experienced lawyer and investor Jaime Fanlo as an independent director. On the same date, Nexscient entered into new director compensation agreements with Tarek Shoufani, Eric Manlunas, and Jaime Fanlo, providing equity-only pay.
Each director received a performance-based restricted stock unit award covering 250,000 RSUs, with each unit convertible into one common share upon vesting. The units vest in tranches when specified market capitalization thresholds are maintained for 20 consecutive trading days within a 10-year performance period, subject to continued board service, or are otherwise forfeited.
Nexscient, Inc. reported that on June 25, 2026 it issued 816,000 restricted common shares to its two executive officers in full settlement of $204,000 in accrued and unpaid wages. The stock was valued at $0.25 per share, a price the board determined in good faith using the company’s recent $0.25-per-share Regulation D private placement as a reference.
The issuances were made in lieu of cash to conserve cash for operations and strategic initiatives, including a planned uplisting to a national securities exchange. The transactions were approved by disinterested directors under Delaware related‑party rules, and the unregistered shares were issued under the Section 4(a)(2) exemption as restricted securities to accredited investors.
Nexscient, Inc. has changed its fiscal year end from June 30 to December 31, effective for the fiscal period starting July 1, 2025. This creates a transition period covering July 1, 2025 through December 31, 2025, after which each fiscal year will end on December 31.
The company plans to report this transition period on a transition report on Form 10-K, including audited financial statements. The original due date for this transition report has already passed, and Nexscient states it intends to file the transition report and any other required periodic reports as promptly as practicable so it can become current in its reporting obligations under the Exchange Act.
Nexscient, Inc. reported no revenue for the three and nine months ended March 31, 2026 and remains in development. The company posted a net loss of $127,231 for the quarter and $443,699 for the nine-month period, with operating expenses driven mainly by general and administrative costs.
As of March 31, 2026, Nexscient had $754,990 in cash and $975,739 in total assets, but an accumulated deficit of $2,004,761. Management discloses substantial doubt about the company’s ability to continue as a going concern, estimating its reduced cash burn at about $27,500 per month and current resources as sufficient for a maximum of six months.
To support operations and growth, the company has $530,000 of 9% convertible debentures outstanding and raised equity through private placements, including $750,000 for 3,000,000 shares in the third quarter and a new offering at $0.25 per share that had attracted $475,000 by May 15, 2026. After quarter end, Nexscient completed the acquisition of Flipside AI for $600,000 in cash, a $450,000 seller note convertible at $0.75 per share, and 6,846,000 restricted shares, and appointed a Chief Technology Officer tied to Flipside.
Nexscient, Inc. appointed Mr. Eric Sherb as its Chief Financial Officer, effective April 1, 2026, in connection with a new consulting arrangement. The company entered into a Consulting Agreement with EMS Consulting Services, Inc., controlled by Mr. Sherb, under which he will provide chief financial officer-level financial and accounting services.
EMS Consulting Services, Inc. will receive a monthly cash retainer of $5,000, and Mr. Sherb will be granted 36,000 shares of Nexscient common stock, vesting in equal installments over six months. The consulting agreement is effective April 1, 2026 and may be terminated by either party at any time.
The filing highlights Mr. Sherb’s 19 years of experience in accounting, audit, financial advisory and capital markets work, including prior CFO and consulting roles for Nasdaq- and OTC-listed companies. It also notes there are no family relationships or other related-party transactions with Mr. Sherb beyond the disclosed consulting agreement.
Nexscient, Inc. has completed its acquisition of Flipside AI, buying 100% of the company for approximately $6.20 million in cash, stock, and a convertible note. The deal adds advanced AI data engineering capabilities focused on Physical AI and multimodal datasets.
Consideration includes $600,000 in cash, a $450,000 convertible promissory note, and 6,846,000 shares of restricted common stock. Flipside founder Anthony S. De Luna becomes Nexscient’s Chief Technology Officer and joins its Board while continuing as CEO of Flipside AI.