secwatch.observer — SEC 8-K summary
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Issuer:     NEXTNRG, INC. (NXXT)
CIK:        0001817004
Form:       8-K
Filed at:   2023-08-24T23:59:59+00:00
Accession:  0001493152-23-030092
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 2.02, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EzFill Q2 revenue $6.1M (+63% YoY); net loss narrows to $2.5M; enters $110K note with related party
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- Revenue $6.1M, up 63% from $3.8M; gallons delivered 1.58M (+102% YoY).
- Net loss $(2.5M) vs $(3.9M) prior year; loss per share $(0.71) improved from $(1.18).
- Adjusted EBITDA loss $(1.5M) compared to $(3.0M) in Q2 2022.
- Entered $110K promissory note with Next Charging (managing member owns 24% of EZFL); OID 10%, 8% interest first 9 months then 18%.
- Limited cash $1.4M; relying on related party loans to fund operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817004/000149315223030092/0001493152-23-030092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817004/000149315223030092/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-030092

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