---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-022082"
form_type: "8-K"
ticker: "NN"
cik: "0001865631"
company_name: "NEXTNAV INC."
filed_at: "2023-03-22T23:59:59+00:00"
generated_at: "2026-06-17T21:43:06.938438+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NextNav Q4 revenue surges to $803K; FY net loss narrows to $40.1M on warrant gains

## Summary
- Revenue $803K in Q4 (vs $20K prior); full-year revenue $3.9M (vs $763K).
- Operating loss $14.5M in Q4; full-year operating loss $65.5M (vs $42.4M) due to higher stock-based compensation.
- Net loss $12.5M in Q4 (includes $1.5M warrant gain); full-year net loss $40.1M (includes $24.7M warrant gain).
- Cash and short-term investments $55.4M at Dec 31, 2022.
- Operational highlights: E911 service launched on Verizon; Nestwave acquisition integrated; NASA drone PNT services expanded.

## SEC filing metadata
- accession: 0001213900-23-022082
- form_type: 8-K
- ticker: NN
- cik: 0001865631
- company_name: NEXTNAV INC.
- filed_at: 2023-03-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865631/000121390023022082/0001213900-23-022082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865631/000121390023022082/nn-20230322.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-022082
- JSON: https://secwatch.observer/filing/0001213900-23-022082.json
- Plain text: https://secwatch.observer/filing/0001213900-23-022082.txt

## Key facts
- Earnings Releases
  NEXTNAV INC. reported three and twelve months ended December 31, 2022 results: revenue $803 thousand, net income $12.5 million.
  - Period: three and twelve months ended December 31, 2022
  - Revenue: $803 thousand
  - Net income: $12.5 million
  - Result: reported results
  source text: location data to validate drone flight safety at its Mountain View, California, facility. 1 Three and Twelve Months Ended December 3 1 , 2022 Financial Highlights Revenue: was $ 803 thousand in the three months ended December 3 1 , 2022, as compared to $ 20 thousand in the prior year period. For the twelve months ended December 31, 2022 , revenue was $3. 9 million,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865631/000121390023022082/0001213900-23-022082-index.htm

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