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. (symbol: NXXT) is the issuer of record for a Form 424B3 filing submitted to the SEC.
NEXTNRG, INC. (NXXT) filed a Form D for a private offering of Series C Convertible Preferred Stock, which is convertible into common stock. The company is using the Regulation D Rule 506(b) exemption for this equity financing.
NEXTNRG reports having sold $9,200,000 of securities with an additional $18,000,000 remaining to be sold. The first sale occurred on August 13, 2026. The notice states $0 in finders' fees and does not disclose issuer revenue size. Executive officers include Chief Executive Officer Michael D. Farkas and Chief Financial Officer Joel Kleiner.
NEXTNRG, INC. (symbol: NXXT) is the issuer of record for a Form S-1 filing submitted to the SEC.
NextNRG, Inc. (NXXT) obtained written consents from holders of a majority of its voting power to approve several significant actions without a stockholders’ meeting. The company amended its 2023 Equity Incentive Plan to add 32,000,000 shares, raising the total share reserve for equity awards to 54,250,000 shares and updating jurisdiction references for a planned redomestication to Nevada. Stockholders also authorized the board, in its discretion, to implement a reverse stock split of the common stock within a specified ratio range to help address Nasdaq bid-price compliance. In addition, they approved a potential private Series C preferred financing that may result in issuing more than 19.99% of the then-outstanding common stock, possibly below the Nasdaq Minimum Price, upon conversion of the new preferred shares. Finally, they approved a heavily equity-based CEO/Executive Chairman employment package for Michael D. Farkas, including $2,000,000 per year in equity salary, performance equity of up to 100% of that amount, market-capitalization bonuses equal to 10% of then-outstanding common shares at specified thresholds, and an $8,160,000 restricted-stock signing bonus. These actions become effective 20 days after mailing, and the board retains discretion to abandon them before effectiveness.
NextNRG, Inc. entered into a Securities Purchase Agreement with an institutional investor to issue up to 3,000,000 shares of Series C Convertible Non-Voting Preferred Stock with a $10.00 Stated Value, for an aggregate purchase price of $27.2 million. On August 13, 2026, the company completed an initial closing, issuing 1,000,000 Series C shares for $9.2 million, with part of the price paid by surrender of a $2,000,000 senior secured convertible note, which was then cancelled and its security interest released.
The Series C Preferred Stock pays a 12.5% annual dividend on Stated Value, payable monthly in cash or stock, and is convertible into common stock at an initial price of $0.75 per share, with variable pricing and full-ratchet anti-dilution protections for additional closings. It ranks senior to common and existing preferred stock, includes a liquidation preference, and allows holders to require redemption after two years, with enhanced redemption at 125% of Stated Value upon certain events. A Registration Rights Agreement requires timely registration of conversion shares, with liquidated damages of 1.5% of the investor’s aggregate Stated Value for delays. A Voting, Support and Standstill Agreement secures stockholder support for required proposals and limits certain creditor actions through at least two years from the initial closing.
NextNRG, Inc. reported strong year-over-year improvement for the quarter ended June 30, 2026. Revenue rose 40.9% to $27.7 million, driven by expansion of mobile fueling operations. Gross profit increased to $2.0 million.
Loss from operations narrowed sharply to $(4.4) million from $(30.8) million, primarily due to an approximately $24.1 million reduction in stock-based compensation after a one-time issuance in the prior year. Net loss improved to $(6.6) million, down 81.7% from $(36.1) million, while diluted loss per share improved to $(0.04) from $(0.30).
Interest expense decreased 38.0% to $2.7 million, and Adjusted EBITDA loss improved 61.6% to $(2.2) million. As of June 30, 2026, cash and cash equivalents were $883,696 and total assets were $12.4 million. The company completed a $6.4 million private placement and is pursuing additional financing and strategic initiatives to support working capital, growth of its mobile fueling logistics, EV charging, and AI-driven microgrid controller businesses.
NextNRG, Inc. (NXXT) reported strong top-line growth but continued heavy losses for the six months ended June 30, 2026. Sales rose to $48.8 million from $36.0 million a year earlier, driven mainly by mobile fuel sales, while gross profit increased to $3.7 million.
Operating performance improved but remained deeply negative. Loss from operations narrowed to $14.5 million from $36.5 million, as general and administrative expenses fell sharply. Net loss available to common stockholders decreased to $17.6 million versus $45.2 million, with basic and diluted loss per share improving to $0.11 from $0.39.
The balance sheet remains highly stressed. At June 30, 2026, the company had cash of $883,696, total assets of $12.4 million, total liabilities of $33.7 million, and a stockholders’ deficit of $21.3 million, including an accumulated deficit of $171.5 million and a working capital deficit of $25.6 million. Management disclosed substantial doubt about the ability to continue as a going concern and expects to need additional debt or equity financing.
Strategically, NextNRG completed a common control merger with NextNRG Holding Corp. in February 2025, added renewable-energy and wireless EV charging activities, and now reports two segments: mobile fuel delivery and energy infrastructure. Revenue concentration remains high, with one customer representing 55.78% of six‑month 2026 sales.
NextNRG, Inc. obtained written consent from holders of approximately 51.43% of its voting power to approve several major actions without a stockholder meeting. These include Amendment No. 4 to the 2023 Equity Incentive Plan, raising the share reserve for awards from 22,250,000 to 54,250,000 shares of common stock and updating state-of-incorporation references.
The consent also authorizes the Board, at its discretion, to implement one or more reverse stock splits of the common stock at ratios between 1-for-5 and 1-for-12 within one year, primarily to help satisfy Nasdaq’s $1.00 minimum bid price requirement. In addition, stockholders approved the potential issuance of more than 19.99% of the outstanding common stock through a Series C Convertible Non-Voting Preferred Stock financing, and a largely stock-based CEO/Executive Chairman compensation package for Michael D. Farkas, including $2,000,000 per year in equity salary, performance awards, market-cap based grants equal to 10% of outstanding shares at certain thresholds, and an equity signing bonus valued at $8,160,000.
NextNRG, Inc. obtained written consent from holders of approximately 53.45% of its voting power to approve several major actions without a stockholders’ meeting. These include amending the 2023 Equity Incentive Plan to increase its share reserve by 32,000,000 shares to a total of 54,250,000 common shares.
The approvals also authorize the Board, any time within about one year, to implement a reverse stock split of the common stock at a ratio between 1‑for‑5 and 1‑for‑12, primarily to help meet Nasdaq’s $1.00 minimum bid requirement. Stockholders’ proportional ownership and voting rights are expected to remain generally unchanged aside from rounding up fractional shares.
In addition, the majority approved potential non‑public issuances of Series C Convertible Non‑Voting Preferred Stock, convertible into common stock at a floor price of $0.135 per share, and a substantial equity‑based compensation package for CEO and Executive Chairman Michael D. Farkas, including $2,000,000 per year in equity salary, performance awards, market‑cap based grants equal to 10% of outstanding common shares upon specified thresholds, and an equity signing bonus valued at $8,160,000.