Welcome to our dedicated page for NextNRG SEC filings (Ticker: NXXT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The NextNRG, Inc. (NASDAQ: NXXT) SEC filings page provides access to the company’s regulatory disclosures, including Form 8-K current reports and related exhibits. These documents describe material definitive agreements, financing transactions, and operational milestones that shape the company’s renewable and distributed energy strategy.
Recent 8-K filings detail long-term power purchase agreements entered into by wholly owned project subsidiaries such as NextNRG Sunnyside Microgrid LLC and NextNRG Topanga Microgrid LLC. Under these PPAs, the subsidiaries agree to design, construct, install, own, operate, and maintain on-site photovoltaic and battery energy storage systems at healthcare facilities, while the facilities purchase all electric energy generated at a contracted price per kilowatt-hour. The filings also explain that environmental incentives, environmental attributes, and tax credits associated with the systems accrue to the seller entities.
Other filings focus on capital structure and liquidity. NextNRG reports a securities purchase agreement for senior secured convertible notes and warrants, including multiple closings, original issue discounts, conversion price terms, and related security and registration rights agreements. Additional 8-Ks describe an at-the-market sales agreement for common stock, its subsequent amendment, and a stock purchase agreement under which restricted shares were issued in exchange for cancellation of indebtedness.
Through this page, users can review how NXXT documents its PPAs, financing arrangements, and preliminary financial results. Stock Titan’s tools can pair these filings with AI-powered summaries that highlight key terms in 10-Ks, 10-Qs, 8-Ks, and other reports, as well as surface information on registered and unregistered equity issuances, note obligations, and project-level contracts relevant to NextNRG’s utilities and renewable energy activities.
NextNRG, Inc. entered into two secured financing deals with Agile Hudson Partners and FirstFire Global Opportunities Fund. Each investor purchased a secured promissory note with a principal of $275,000, issued at a $25,000 original issue discount for a $250,000 purchase price, and a one-time 10% interest charge of $27,500.
The notes are convertible into common stock after six months at 80% of the average of the three lowest volume‑weighted average prices over 15 trading days, with a $0.10 per‑share floor and equity ownership blockers at 4.99% (or 9.99% on notice). NextNRG also issued 50,000 commitment shares to each investor and granted first‑priority security interests over substantially all assets, ranking pari passu with existing secured lenders.
The agreements include strong protective terms for investors, such as rights to participate in future financings, piggyback registration and most favored nation rights, prohibitions on Variable Rate Transactions through 2027, and heavy default remedies that can accelerate the debt at 150% of outstanding amounts plus default interest and monthly principal increases.
NextNRG, Inc. filed a current report describing the expansion of its EzFill mobile fueling operations into Gainesville, Florida. EzFill is now servicing a major distribution facility in the Gainesville area from its existing Jacksonville hub, adding high-volume fueling density within the company’s established Florida network.
Management describes this move as part of a disciplined, data-driven growth strategy focused on high-volume locations, customer density, and maximizing returns on existing infrastructure rather than building standalone operations prematurely. NextNRG positions EzFill as one of the nation’s largest on-demand and fleet fueling networks, serving commercial and enterprise fleet customers across multiple states.
NextNRG, Inc. reported full-year 2025 revenue of $81.8 million, up 195% from $27.8 million in 2024, driven mainly by expansion of its Mobile Fuel Delivery platform and new markets. Gross profit rose to $6.9 million, with gross margin improving to 8.4% from 6.4%.
Despite strong top-line growth, the company posted a 2025 GAAP operating loss of $70.2 million and a GAAP net loss of $88.2 million, including $42.6 million in non-cash stock-based compensation, $18.0 million in interest expense, and an $8.5 million impairment charge. However, Adjusted EBITDA more than doubled to $17.1 million from $8.9 million, reflecting better underlying operating performance.
In the fourth quarter of 2025, mobile fuel delivery revenue was about $23 million, with December revenue up 253% year over year and fuel volumes of roughly 2.53 million gallons. Fuel delivery gross margin reached 10.4% in the quarter, above the full-year average. Management highlighted new long-term energy infrastructure agreements and an active smart microgrid pipeline as foundations for future growth.
NextNRG, Inc. reported full-year 2025 revenue of $81.8 million, up 195% from $27.8 million in 2024, driven mainly by expansion of its Mobile Fuel Delivery platform and new markets. Gross profit rose to $6.9 million, with gross margin improving to 8.4% from 6.4%.
Despite strong top-line growth, the company posted a 2025 GAAP operating loss of $70.2 million and a GAAP net loss of $88.2 million, including $42.6 million in non-cash stock-based compensation, $18.0 million in interest expense, and an $8.5 million impairment charge. However, Adjusted EBITDA more than doubled to $17.1 million from $8.9 million, reflecting better underlying operating performance.
In the fourth quarter of 2025, mobile fuel delivery revenue was about $23 million, with December revenue up 253% year over year and fuel volumes of roughly 2.53 million gallons. Fuel delivery gross margin reached 10.4% in the quarter, above the full-year average. Management highlighted new long-term energy infrastructure agreements and an active smart microgrid pipeline as foundations for future growth.
NextNRG, Inc. files its annual report describing a transformed energy platform that combines AI- and machine learning–driven smart microgrids, wireless EV charging and a multi‑state mobile fuel delivery business. The company holds one owned patent and exclusive licenses to seven Florida International University patents covering smart microgrids, virtual power plants and wireless power transfer, including bidirectional EV charging that can support grid-to-vehicle and vehicle-to-grid use cases.
NextNRG plans to earn revenue from solar power purchase agreements, wireless EV charging, SaaS energy‑management software, hardware sales and licensing, alongside on‑demand and subscription mobile fueling for consumers, fleets and specialty markets such as marine and construction. The report details an acquisitive corporate history, including the February 2025 stock‑for‑stock acquisition of NextNRG Holding and STAT‑EI, and extensive 2024–2026 financing activity using promissory notes, sales of future receipts, a $15,000,000 public equity offering, equipment leases and an at‑the‑market program to fund working capital and project deployment.
NextNRG, Inc. files its annual report describing a transformed energy platform that combines AI- and machine learning–driven smart microgrids, wireless EV charging and a multi‑state mobile fuel delivery business. The company holds one owned patent and exclusive licenses to seven Florida International University patents covering smart microgrids, virtual power plants and wireless power transfer, including bidirectional EV charging that can support grid-to-vehicle and vehicle-to-grid use cases.
NextNRG plans to earn revenue from solar power purchase agreements, wireless EV charging, SaaS energy‑management software, hardware sales and licensing, alongside on‑demand and subscription mobile fueling for consumers, fleets and specialty markets such as marine and construction. The report details an acquisitive corporate history, including the February 2025 stock‑for‑stock acquisition of NextNRG Holding and STAT‑EI, and extensive 2024–2026 financing activity using promissory notes, sales of future receipts, a $15,000,000 public equity offering, equipment leases and an at‑the‑market program to fund working capital and project deployment.
NextNRG, Inc. entered into two high-cost secured financings that add significant debt and potential dilution. The company sold a senior secured convertible promissory note to Leviston Resources for $1,552,000 of cash proceeds on a $1,724,444 principal, issued 243,300 common shares, and granted Leviston first-priority security over substantially all assets, broad participation and first-refusal rights on future financings, and conversion rights after default subject to a 19.99% Nasdaq share cap. NextNRG also obtained a $750,000 term loan from Cashera Private Credit with total repayment of $1,050,000 over 24 weekly installments, an approximate APR of 173.06%, secured by a first-priority lien on substantially all assets and personal and subsidiary guarantees, with sizable default fees and restrictive covenants on additional debt.
NextNRG, Inc. notified the SEC that its Annual Report on Form 10-K for the year ended December 31, 2025 will be filed late under Rule 12b-25. The company states additional time is needed to obtain and compile certain information and expects to file no later than April 15, 2026.
The notification was signed by Chief Executive Officer Michael D. Farkas on March 31, 2026.
NextNRG, Inc. reported that Nasdaq has notified the company it is out of compliance with the Nasdaq Capital Market’s $1.00 minimum bid price requirement for its common stock. The stock remains listed under the symbol NXXT, and trading is not immediately affected.
The company has 180 days, until September 14, 2026, to regain compliance. If the closing bid price reaches at least $1.00 for 10 consecutive business days in that period, compliance will be restored. If needed, and if other listing standards are met, NextNRG may receive an additional 180-day period, potentially using a reverse stock split to cure the deficiency.
NextNRG, Inc. entered into two material financing agreements and retired a note obligation. On March 11, 2026, the company agreed to issue 3,181,818 common shares to the Noteholder under a Stock Purchase Agreement in exchange for absolution of $1,750,000 of liability under an existing promissory note, effectively terminating the note and related obligations.
On March 9, 2026, NextNRG signed a Future Receivables Sale and Purchase Agreement, selling 6.87% of its future receipts until a total of $2,772,000 is delivered, for consideration of $2,100,000 less $105,035 in fees. The company must make fixed biweekly payments initially equal to $231,000 and granted the purchaser a first-priority lien on its accounts, receivables, other receivables and inventory. CEO Michael D. Farkas personally guaranteed the company’s obligations under this receivables agreement.
NextNRG, Inc. entered into a new stock purchase agreement with an investor on February 18, 2026. Under this agreement, the company will sell 133,333 shares of its common stock for a total purchase price of $100,000, which equals $0.75 per share. The agreement includes customary representations, warranties and covenants, and the full contract is filed as an exhibit for reference.
NextNRG, Inc. entered into a Stock Purchase Agreement with an investor on February 12, 2026. Under this agreement, the company will sell 300,000 shares of its common stock at a total purchase price of $225,000, or $0.75 per share.
The agreement includes customary representations, warranties, and covenants between the parties. The full Stock Purchase Agreement is provided as an exhibit to the filing for investors who want to review the detailed terms.