---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-031626"
form_type: "8-K"
ticker: "NTRP"
cik: "0000788611"
company_name: "NextTrip, Inc."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T21:44:13.266728+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sigma Additive Q3 revenue $188K (-73% YoY); net loss $2.3M, cash down to $4.8M

## Summary
- Revenue declined to $188K from $700K YoY due to fewer PrintRite3D unit sales and lower contract manufacturing.
- Net loss of $2.3M ($0.22/share) vs $2.5M ($0.24/share) in Q3 2021; gross margin fell to 58% from 76%.
- Cash at $4.8M at Sep 30, 2022, down from $11.4M at Dec 31, 2021; operating cash burn $6.4M in 9 months.
- Partnered with SLM Solutions and Novanta; launched beta of PrintRite3D Machine Health software-only module.
- Order backlog for Q4 $334K, up 39% from Q2; average deal cycle reduced to 4.4 months.

## SEC filing metadata
- accession: 0001493152-22-031626
- form_type: 8-K
- ticker: NTRP
- cik: 0000788611
- company_name: NextTrip, Inc.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/788611/000149315222031626/0001493152-22-031626-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788611/000149315222031626/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-031626
- JSON: https://secwatch.observer/filing/0001493152-22-031626.json
- Plain text: https://secwatch.observer/filing/0001493152-22-031626.txt

## Key facts
- Earnings Releases
  NextTrip, Inc. reported the quarter ended September 30, 2022 results: revenue $188,245.
  - Period: the quarter ended September 30, 2022
  - Revenue: $188,245
  - Result: reported results
  source text: Revenue for the third quarter of 2022 totaled $188,245 as compared to $700,237 for the third quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/788611/000149315222031626/0001493152-22-031626-index.htm

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