secwatch.observer — SEC 8-K summary
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Issuer:     NEXTNRG, INC. (NXXT)
CIK:        0001817004
Form:       8-K
Filed at:   2026-05-15T20:05:18+00:00
Accession:  0001493152-26-023737
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NextNRG Q1 revenue up 29% to $21.1M, gross profit triples, but net loss widens to $10.8M
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- Revenue $21.1M, up 29% YoY; gross profit $1.71M, more than tripled from $518K.
- Net loss $10.77M, wider than $8.94M in Q1 2025; operating loss $10.09M vs $5.75M.
- Interest expense down 80% to $680K from $3.32M.
- Adjusted EBITDA improved to -$1.16M from -$3.40M.
- CEO cites disciplined execution, scaling fueling ops, and advancing microgrid pipeline.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817004/000149315226023737/0001493152-26-023737-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817004/000149315226023737/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-023737

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