---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-097469"
form_type: "8-K"
ticker: "NN"
cik: "0001865631"
company_name: "NEXTNAV INC."
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:08:34.936623+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NextNav Q3 revenue $1.6M (up 60% YoY); net loss narrows; Brattle report values GPS backup at $14.6B

## Summary
- Revenue of $1.6M in Q3 2024, up from $1.0M YoY, driven by government and commercial service contracts.
- Net loss of $13.6M improved from $23.2M YoY; includes $2.5M gain on change in warrant fair value.
- Cash, cash equivalents, and short-term investments of $86.8M; debt net of discount $53.0M (gross $70.0M).
- The Brattle Group report values a terrestrial GPS backup at $14.6B; NextNav continues FCC petition dialogue.
- Operating loss of $13.9M vs $14.6M YoY; nine-month net loss $69.6M vs $55.3M prior period.

## SEC filing metadata
- accession: 0001213900-24-097469
- form_type: 8-K
- ticker: NN
- cik: 0001865631
- company_name: NEXTNAV INC.
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865631/000121390024097469/0001213900-24-097469-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865631/000121390024097469/nn-20241113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-097469
- JSON: https://secwatch.observer/filing/0001213900-24-097469.json
- Plain text: https://secwatch.observer/filing/0001213900-24-097469.txt

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