secwatch.observer — SEC 8-K summary
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Issuer:     NEXTNAV INC. (NN)
CIK:        0001865631
Form:       8-K
Filed at:   2022-05-12T23:59:59+00:00
Accession:  0001213900-22-025942
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NextNav reports Q1 revenue $1.2M, net loss $9.7M; cash $93.8M debt-free
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- Revenue of $1.2M, up from $251K in prior-year period, driven by commercial technology/services contracts.
- Operating loss of $16M (incl $7.2M stock comp) vs $12.6M loss prior year; net loss $9.7M vs $27.1M.
- Cash of $93.8M at quarter end, no debt.
- Announced partnerships with NGA 911, GeoComm, Widow Games, echo3D, and Last Mile Technology for 3D geolocation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865631/000121390022025942/0001213900-22-025942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865631/000121390022025942/ea159642-8k_nextnav.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-025942

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer