---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-019865"
form_type: "8-K"
ticker: "NXXT"
cik: "0001817004"
company_name: "NEXTNRG, INC."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:26:28.508983+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# EzFill reports Q1 revenue up 26% to $6.6M; net loss narrows 19%; Nasdaq grants extension to July 12

## Summary
- Revenue $6.6M (+26% YoY); net loss $(1.9)M vs $(2.3)M; loss per share $(0.45) from $(0.70).
- Gallons delivered 1.66M (+26%); average fuel margin $0.59/gal vs $0.47; adjusted EBITDA loss $(1.2)M vs $(1.8)M.
- Nasdaq Panel granted extension until July 12, 2024 for stockholders' equity compliance (min $2.5M).
- AJB Notes maturity extended to July 17, 2024; Company to issue 165,000 shares of common stock as consideration.
- Cash at quarter end $0.05M; long-term debt $0.6M; net loss improved ~20% YoY but company remains cash-constrained.

## SEC filing metadata
- accession: 0001493152-24-019865
- form_type: 8-K
- ticker: NXXT
- cik: 0001817004
- company_name: NEXTNRG, INC.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.02, 3.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817004/000149315224019865/0001493152-24-019865-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817004/000149315224019865/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-019865
- JSON: https://secwatch.observer/filing/0001493152-24-019865.json
- Plain text: https://secwatch.observer/filing/0001493152-24-019865.txt

## Key facts
- Earnings Releases
  NEXTNRG, INC. reported the three-month period ended March 31, 2024 results: revenue $6.6 million, net income $(1.9) million, EPS $(0.45).
  - Period: the three-month period ended March 31, 2024
  - Revenue: $6.6 million
  - Net income: $(1.9) million
  - EPS: $(0.45)
  - Result: reported results
  source text: in such filing. --- EX-99.1 () --- EX-99.1 3 ex99-1.htm Exhibit 99.1 EzFill Announces 2024 First Quarter Financial Results -- Revenue Increased 26% Year Over Year to $6.6 Million From $5.2 Million -- -- Gross Profit Increased 184% From The Prior Year Period -- -- 1.66 Million Gallons Delivered, Up 26% From The Prior Year Period – -- 22 New Fleet Customers
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817004/000149315224019865/0001493152-24-019865-index.htm
- Listing & Compliance Notices
  NEXTNRG, INC. received a nasdaq extension granted notice regarding stockholders equity (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: extension granted
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)
  source text: May 13, 2024 granted the Company an extension of time until July 12, 2024 to regain compliance with the Stockholders’ Equity Requirement subject to certain terms mentioned in the letter. There can be no assurance that the Company will evidence compliance with the Stockholders’ Equity Requirement during any extension period that Nasdaq may grant, and the Company’s common stock may be subject to delisting in the absence of such compliance.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817004/000149315224019865/0001493152-24-019865-index.htm
- Material Agreements
  NEXTNRG, INC. amended AJB Global Amendment with AJB Capital Investments, LLC (effective 2024-05-09).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: AJB Capital Investments, LLC
  - Effective: 2024-05-09
  source text: On May 9, 2024, the Company and AJB Capital Investments, LLC, (“AJB”) entered into a global amendment (the “AJB Global Amendment”) to the promissory notes dated as of April 19, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817004/000149315224019865/0001493152-24-019865-index.htm

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