---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-071171"
form_type: "8-K"
ticker: "NN"
cik: "0001865631"
company_name: "NEXTNAV INC."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-22T00:04:50.743566+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NextNav Q3 revenue $503K; net loss $18.7M; acquires Nestwave to cut costs 75%

## Summary
- Q3 2022 revenue $503K vs $276K YoY; operating loss $17.9M vs $7.0M YoY; net loss $18.7M vs $32.4M YoY.
- Closed acquisition of Nestwave SAS on Oct 31, 2022; expects to reduce TerraPoiNT deployment & network costs by ~75%.
- MetCom launched Pinnacle commercial service in Tokyo on Nov 9; nationwide Japan rollout planned for 2023.
- Cash & equivalents $71.8M, debt-free; net loss nine months $27.6M including $23.2M gain on warrant fair value.
- CEO cites expected Spring 2023 Executive Order on PNT resilience as positive for NextNav.

## SEC filing metadata
- accession: 0001213900-22-071171
- form_type: 8-K
- ticker: NN
- cik: 0001865631
- company_name: NEXTNAV INC.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865631/000121390022071171/0001213900-22-071171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865631/000121390022071171/nn-20221110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-071171
- JSON: https://secwatch.observer/filing/0001213900-22-071171.json
- Plain text: https://secwatch.observer/filing/0001213900-22-071171.txt

## Key facts
- Earnings Releases
  NEXTNAV INC. reported the three and nine months ended September 30, 2022 results: revenue $ 503 thousand in the three months ended September 30, 2022.
  - Period: the three and nine months ended September 30, 2022
  - Revenue: $ 503 thousand in the three months ended September 30, 2022
  - Result: reported results
  source text: On November 10, 2022 , NextNav Inc. issued a press release announcing its financial results for the three and nine months ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865631/000121390022071171/0001213900-22-071171-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.