---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-022164"
form_type: "8-K"
ticker: "NN"
cik: "0001865631"
company_name: "NEXTNAV INC."
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:33:08.730859+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# NextNav Q4 revenue up but operating loss widens; agrees $50M spectrum acquisition

## Summary
- Q4 revenue $1.2M (+49% YoY from $803K); operating loss $19.9M vs $14.5M prior year.
- Full year 2023 net loss $71.7M (incl. $4.1M loss on warrants) vs $40.1M prior year.
- Agreed to acquire 4 MHz in lower 900 MHz band for up to $50M; total spectrum now 3.5B MHz-PoPs.
- Mariam Sorond appointed CEO effective Nov 29, 2023; John Muleta joined board Jan 2024.
- Cash & equivalents $81.9M; short-term investments $4.0M; net debt $48.4M.

## SEC filing metadata
- accession: 0001213900-24-022164
- form_type: 8-K
- ticker: NN
- cik: 0001865631
- company_name: NEXTNAV INC.
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865631/000121390024022164/0001213900-24-022164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865631/000121390024022164/nn-20240313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-022164
- JSON: https://secwatch.observer/filing/0001213900-24-022164.json
- Plain text: https://secwatch.observer/filing/0001213900-24-022164.txt

## Key facts
- Earnings Releases
  NEXTNAV INC. reported the three and twelve months ended December 31, 2023 results: revenue $1.2 million in the three months ended December 31, 2023, net income Net Loss : was $ 16.4 million in the three months ended December 31, 2023.
  - Period: the three and twelve months ended December 31, 2023
  - Revenue: $1.2 million in the three months ended December 31, 2023
  - Net income: Net Loss : was $ 16.4 million in the three months ended December 31, 2023
  - Result: reported results
  source text: NextNav Inc. issued a press release announcing its financial results for the three and twelve months ended December 31, 2023 .
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865631/000121390024022164/0001213900-24-022164-index.htm

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