---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-001268"
form_type: "8-K"
ticker: "NXXT"
cik: "0001817004"
company_name: "NEXTNRG, INC."
filed_at: "2025-03-28T23:59:59+00:00"
generated_at: "2026-05-24T03:13:26.749758+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NextNRG reports record February revenue of $5.09M, up 139%; enters two future-receipts deals totaling $4.6M

## Summary
- February revenue $5.09M, up 139% YoY from $2.1M; gallons delivered 1.44M, up 166% YoY.
- Redstone Agreement: company sells future receipts for $3.2M; net proceeds $1.516M after fees.
- Mr. Advance Agreement: sells future receipts for $2.3M; net proceeds $1.516M after fees.
- CEO Michael Farkas personally guarantees both agreements; Fee Agreement pays him 3% of guaranteed amounts.

## SEC filing metadata
- accession: 0001641172-25-001268
- form_type: 8-K
- ticker: NXXT
- cik: 0001817004
- company_name: NEXTNRG, INC.
- filed_at: 2025-03-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817004/000164117225001268/0001641172-25-001268-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817004/000164117225001268/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-001268
- JSON: https://secwatch.observer/filing/0001641172-25-001268.json
- Plain text: https://secwatch.observer/filing/0001641172-25-001268.txt

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