secwatch.observer — SEC 8-K summary
======================================

Issuer:     NEXTNRG, INC. (NXXT)
CIK:        0001817004
Form:       8-K
Filed at:   2023-03-17T23:59:59+00:00
Accession:  0001493152-23-008020
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EzFill FY2022 revenue up 108% to $15.0M, net loss widens to $17.5M
------------------------------------------------------------------

- Revenue $4.9M in Q4 (+143% YoY); full-year revenue $15.0M vs $7.2M.
- Net loss FY2022 $(17.5)M vs $(9.3)M; includes impairment charges on goodwill and intangibles.
- Added over 100 new fleet accounts in 2022; fleet trucks grew from 12 to 40.
- Cash position $4.2M at Dec 31, 2022, down from $16.9M; outstanding borrowings $1.0M.
- Adjusted EBITDA loss $(11.4)M vs $(5.8)M; Q4 adjusted EBITDA loss $(2.6)M improved slightly.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817004/000149315223008020/0001493152-23-008020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817004/000149315223008020/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-008020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer