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. furnished an update with preliminary unaudited results for May 2026, highlighting strong top-line growth and better profitability. Revenue for May was $9.3 million, up 41% from $6.6 million in May 2025, while gross profit rose 75% to about $827,000 from approximately $472,000.
The company delivered about 1.9 million gallons in May 2026, slightly below roughly 2.0 million gallons a year earlier, yet gross margin improved to 8.9% from 7.1%, reflecting better pricing and operational efficiency. May marked the fifth consecutive month of double-digit year-over-year revenue growth, underscoring ongoing momentum in its AI-driven energy platform and mobile fueling operations, though figures may change once standard month-end closing is complete.
NextNRG, Inc. has filed a resale registration statement covering up to 10,000,000 shares of common stock issued in a May 2026 private placement. The shares are held by Citadel CEMF Investments LTD, and any sale proceeds will go to this selling stockholder, not the company.
The common stock was sold privately at $0.64 per share for gross proceeds of $6.4 million and 157,752,767 shares were outstanding as of May 29, 2026. NextNRG currently generates all revenues from mobile fuel deliveries but aims to build an AI-driven renewable energy and EV-charging ecosystem. The company warns it will need substantial additional capital, with existing cash and recent financing expected to fund operations only through July 31, 2026.
NextNRG, Inc. entered into a securities purchase agreement for a private placement of 10,000,000 common shares at $0.64 per share, raising gross proceeds of $6.4 million. The offering closed on May 27, 2026 with a single institutional investor that becomes an approximately 6% shareholder.
The company plans to use the net proceeds to support growth initiatives, strengthen working capital, and retire $2,415,666 of convertible debt, which represents all of its outstanding convertible debt. NextNRG will file a resale registration statement for the new shares and agreed to issuance and ATM/Variable Rate Transaction restrictions, plus 60‑day lock-ups for directors and officers. A.G.P./Alliance Global Partners acted as placement agent, receiving a 7% cash fee and expense reimbursement.
NextNRG, Inc. reported sharp growth in activity but continued heavy losses for the three months ended March 31, 2026. Sales reached $21,059,130, up from $16,272,673, yet cost of sales and high overhead produced a loss from operations of $10,093,843.
Net loss totaled $10,766,492 versus $8,937,999 a year earlier. Cash was only $208,048 at March 31, 2026, while total liabilities were $34,311,192 against assets of $12,263,129, leaving a stockholders’ deficit of $22,048,064.
The company relies heavily on debt, including $11,494,594 of related-party notes and $10,096,630 of other notes, some structured as merchant cash advances. Management disclosed substantial doubt about its ability to continue as a going concern without raising additional capital.
NextNRG, Inc. reported sharp growth in activity but continued heavy losses for the three months ended March 31, 2026. Sales reached $21,059,130, up from $16,272,673, yet cost of sales and high overhead produced a loss from operations of $10,093,843.
Net loss totaled $10,766,492 versus $8,937,999 a year earlier. Cash was only $208,048 at March 31, 2026, while total liabilities were $34,311,192 against assets of $12,263,129, leaving a stockholders’ deficit of $22,048,064.
The company relies heavily on debt, including $11,494,594 of related-party notes and $10,096,630 of other notes, some structured as merchant cash advances. Management disclosed substantial doubt about its ability to continue as a going concern without raising additional capital.
NextNRG, Inc. reported first-quarter 2026 results with revenue up 29% year-over-year to $21.1 million, driven mainly by expansion in mobile fueling operations and higher fuel volumes and pricing. Gross profit rose to $1.7 million and gross margin improved to 8.1% from 3.2% as route optimization and fleet efficiency improved.
Despite these gains, the company posted a loss from operations of $10.1 million and a net loss of $10.8 million available to common stockholders, both wider than a year ago, largely due to $7.9 million of non-cash stock-based compensation. Interest expense fell sharply to $0.7 million from $3.3 million, helping Adjusted EBITDA improve to a loss of $1.2 million from a $3.4 million loss. Cash and cash equivalents were $0.2 million as of March 31, 2026, with total assets of $12.3 million, while management evaluates financing and strategic options to support working capital and growth across its microgrid, wireless EV charging, and mobile fueling businesses.
NextNRG, Inc. reported first-quarter 2026 results with revenue up 29% year-over-year to $21.1 million, driven mainly by expansion in mobile fueling operations and higher fuel volumes and pricing. Gross profit rose to $1.7 million and gross margin improved to 8.1% from 3.2% as route optimization and fleet efficiency improved.
Despite these gains, the company posted a loss from operations of $10.1 million and a net loss of $10.8 million available to common stockholders, both wider than a year ago, largely due to $7.9 million of non-cash stock-based compensation. Interest expense fell sharply to $0.7 million from $3.3 million, helping Adjusted EBITDA improve to a loss of $1.2 million from a $3.4 million loss. Cash and cash equivalents were $0.2 million as of March 31, 2026, with total assets of $12.3 million, while management evaluates financing and strategic options to support working capital and growth across its microgrid, wireless EV charging, and mobile fueling businesses.
NEXTNRG, INC. director and CEO Michael D. Farkas reported a stock grant on common shares. On April 30, 2026, he received an award of 21,739 shares of common stock at $1.83 per share, described as shares issued as a dividend on his Series B preferred shares.
After this award, he directly owns 63,237,924 common shares. He also has indirect holdings of common stock through entities, including 12,900,188 shares via SIF Energy LLC, 26,578 shares via Balance Labs, Inc., and 154,827 shares via Inductive Holdings LLC, over which he has voting and investment control.
In addition, 140,000 shares of Series B preferred stock held by him have a stated value of $10.00 per share and may convert into 725,200 common shares based on a formula using 70% of $2.78, the minimum price on the date of issuance.
NextNRG, Inc. entered into a $1,000,000 Business Loan and Security Agreement with Venture Debt, LLC on April 27, 2026. The company received $930,000 in net proceeds after a $70,000 origination fee, and must repay a total of $1,450,000 in 24 weekly installments of $60,417 through October 13, 2026.
The loan carries an annual percentage rate of approximately 203.17%, is secured by all of NextNRG’s and CEO Michael Farkas’ assets and personal property, and is personally guaranteed by Mr. Farkas. It includes restrictive covenants limiting additional high-cost financing and broad default triggers that allow Venture Debt to accelerate repayment and enforce on collateral.
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.