NextNav Q2 net loss widens to $63.2M; FCC grants license assignment for Lower 900MHz

NEXTNAV INC.

2025-Q2 EPS reported -$0.93 revenue$2,741,000

Revenue $1.2M (+9% YoY); operating loss $17.2M vs $15.3M prior year.
Net loss $63.2M includes $39.5M non-cash loss on derivative/warrant fair value change.
Cash & short-term investments $176.1M; net long-term debt $246.3M (face $190M).
FCC approved assignment of 128 M-LMS licenses to NextNav; rule waiver granted.
Filed multiple studies supporting NPRM for GPS backup in Lower 900MHz band.

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