NXXT

#4362
NextNRG, Inc. - Common Stock
0.2 3 USD
-0.04%
Market Price
Settore: Sconosciuto
Base: USD
Valuta di Profitto: USD
Intervallo Giornaliero
0.23
0.23
Intervallo Annuale
0.20
1.09
Variazione giornaliera
-4.17%
Variazione Mensile
-17.86%
Variazione di 6 mesi
-67.35%
Variazione Annuale
-67.61%
Chiusura Precedente
0.2 4
Open
0.2 3
Minimo
0.2 3
Massimo
0.2 3
Volume
6
Apri il grafico completo

Financials

Panoramica Estratto Conto Statistiche Documents

2026

Current report, 13 Aug 2026
NEXTNRG, INC. current report, 13 August 2026
8-K
Current report, Q3 FY2026
NEXTNRG, INC. current report, Q3 FY2026
8-K
Current report, Q3 FY2026
NEXTNRG, INC. current report, Q3 FY2026
8-K
Quarterly report, Q2 FY2026
NEXTNRG, INC. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
NEXTNRG, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
NEXTNRG, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
NEXTNRG, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
NEXTNRG, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
NEXTNRG, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
NEXTNRG, INC. current report, Q2 FY2026
8-K

NEXTNRG, INC. current report, Q2 FY2025

Full document

Business Context and Reporting Period

Company: NEXTNRG, INC.
Filing Type: Form 8-K (Current Report)
Date of Report: June 25, 2025
Reporting Period: Event date June 25, 2025 (Amendment dated June 23, 2025)
Context: The Company is an emerging growth company reporting the entry into a material definitive agreement regarding the extension of a promissory note.

Key Financial Metrics

This filing does not contain comprehensive financial statements, revenue, profit, cash flow, or margin data. The only specific financial metric disclosed relates to debt restructuring:

  • Debt Instrument: Promissory Note (Alcourt Note) with a principal sum of $1,000,000.
  • Equity Issuance: 90,000 shares of common stock issued to Alcourt LLC as consideration for the extension.
  • Liquidity/Debt Status: The filing indicates the Company was unable to repay the note upon its previous maturity dates, necessitating extensions via equity issuance and fees.

Material Changes Versus Prior Period

The filing details a sequence of debt extensions involving the Alcourt Note:

  • Original Terms: Issued March 31, 2025; original maturity April 30, 2025.
  • First Extension (May 2025): Extended to May 31, 2025 in exchange for 26,000 shares and a $150,000 cash fee.
  • Current Extension (June 2025): Extended to June 30, 2025 in exchange for 90,000 shares of common stock.
  • Future Extension Option: The Company has the option to extend the maturity for additional one-month periods up to September 30, 2025, contingent on issuing 90,000 additional shares per extension.

Guidance, Outlook, and Risks

Management Commentary: The filing is a factual disclosure of the amendment terms and does not include forward-looking guidance, earnings outlook, or strategic commentary beyond the debt extension mechanics.

Risks and Contingencies:

  • Debt Maturity Risk: The note must be repaid or extended by September 30, 2025, the final allowable maturity date.
  • Dilution Risk: Future extensions require the issuance of significant equity (90,000 shares per month), which will dilute existing shareholders.
  • Liquidity Risk: The Company's inability to repay the principal at previous maturity dates suggests ongoing liquidity constraints.

Key Facts for Investor Verification

  • Verify the total number of shares issued to Alcourt LLC to date (26,000 in May + 90,000 in June = 116,000 shares).
  • Confirm the Company's ability to repay the $1,000,000 principal by the final maturity date of September 30, 2025.
  • Assess the impact of potential future equity issuances (up to 270,000 additional shares if extended to the maximum date) on shareholder dilution.
  • Review the Company's cash position to determine if it can meet the $150,000 extension fee requirement if applicable to future terms (though the June amendment was equity-only).