Nextnrg, Inc.
- NXXT ยท Nasdaq
- Retail-Auto Dealers & Gasoline Stations
- Miami Beach, FL
- CIK 0001817004
Updated from SEC filings through
Top things to know
Executives
-
Michael D. Farkas CEO and Executive Chairman 4, 2026-06-22 - Joel Kleiner Chief Financial Officer 10-K, 2026-04-16
- Avishai Vaknin Chief Technology Officer 10-K, 2026-04-16
What leadership is saying
“Our second quarter results reflect disciplined execution across our business”
Earnings press release (8-K Ex. 99.1), filed August 13, 2026
Nextnrg, Inc. is a U.S. public company in retail-auto dealers & gasoline stations (SIC 5500), headquartered in Miami Beach, FL. It trades as NXXT on Nasdaq. Revenue was $81.8M in the fiscal year ending December 31, 2025, +194.7% from the year before. Michael D. Farkas is CEO and Executive Chairman.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $81.8M 10-K/A, 2026-05-11 | $27.8M 10-K/A, 2026-05-11 | $23.2M 10-K, 2025-03-27 | $15.0M 10-K, 2024-04-01 | $7.2M 10-K, 2023-03-20 |
| Operating income | -$70.2M 10-K/A, 2026-05-11 | -$11.7M 10-K/A, 2026-05-11 | -$8.5M 10-K, 2025-03-27 | -$17.5M 10-K, 2024-04-01 | -$8.8M 10-K, 2023-03-20 |
| SG&A | $65.9M 10-K/A, 2026-05-11 | $12.0M 10-K/A, 2026-05-11 | $8.8M 10-K, 2025-03-27 | $15.5M 10-K, 2024-04-01 | Not on file |
| Net income | -$85.7M 10-K/A, 2026-05-11 | -$21.4M 10-K/A, 2026-05-11 | -$10.5M 10-K, 2025-03-27 | -$17.5M 10-K, 2024-04-01 | -$9.4M 10-K, 2023-03-20 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Michael D. Farkas | CEO and Executive Chairman | 4, 2026-06-22 |
| Joel Kleiner Chief Financial Officer | Chief Financial Officer | 10-K, 2026-04-16 |
| Avishai Vaknin | Chief Technology Officer | 10-K, 2026-04-16 |
| Bennett Kurtz | Independent Board Member | 10-K, 2026-04-16 |
| Jack Leibler | Independent Board Member | 10-K, 2026-04-16 |
| Sean Oppen | Independent Board Member | 10-K, 2026-04-16 |
Shares and governance
| Shares outstanding | 168.2 million (as of August 13, 2026) | 10-Q, August 13, 2026 |
|---|---|---|
| Public float | $92.3M (as of June 30, 2025) | 10-K/A, May 11, 2026 |
| Reportable segments | 2 (period ending June 30, 2026) | 10-Q, August 13, 2026 |
| Latest proxy statement | Meeting December 9, 2025 (filed December 9, 2025) | DEF 14A, December 9, 2025 |
| Auditor | M&k Cpas, PLLC (Woodlands, TX) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| December 30, 2025 | Daniel Ronald Arbour Director | Sale | 38,197 | $56K | Form 4, December 30, 2025 |
| December 11, 2025 | Avishai Vaknin Chief Technology Officer | Sale | 15,000 | $30K | Form 4, December 15, 2025 |
| December 9, 2025 | Daniel Ronald Arbour Director | Sale | 93,859 | $122K | Form 4, December 16, 2025 |
| November 21, 2025 | Jack Leibler Director | Sale | 150,000 | $155K | Form 4, January 12, 2026 |
| October 24, 2025 | Avishai Vaknin Chief Technology Officer | Sale | 15,509 | $31K | Form 4, October 28, 2025 |
| September 22, 2025 | Sean Matthew Oppen Director | Buy | 35,000 | $60K | Form 4, September 22, 2025 |
| September 18, 2025 | Michael D. Farkas CEO and Executive Chairman | Buy | 1,000,000 | $1.7M | Form 4, September 19, 2025 |
Recent 8-K events
- 8-K filed 2026-11-06
- Item 1.01 Entry into a material definitive agreement
- Item 3.02 Unregistered sales of equity securities
- Item 3.03 Material modification to rights of security holders
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- Item 8.01 Other events
- 8-K filed 2026-10-30
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- Item 8.01 Other events
- 8-K filed 2026-10-27
- Item 3.01 Notice of delisting or failure to meet listing standards
- 8-K filed 2026-10-08
- Item 1.01 Entry into a material definitive agreement
- Item 3.03 Material modification to rights of security holders
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- 8-K filed 2026-10-06
- Item 1.01 Entry into a material definitive agreement
- Item 3.03 Material modification to rights of security holders
- Item 8.01 Other events
- 8-K filed 2026-09-18
- Item 3.01 Notice of delisting or failure to meet listing standards
- 8-K filed 2026-09-14
- Item 3.03 Material modification to rights of security holders
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- Item 8.01 Other events
- 8-K filed 2026-08-17
- Item 1.01 Entry into a material definitive agreement
- Item 3.02 Unregistered sales of equity securities
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- 8-K filed 2026-08-13
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-29
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- Item 3.02 Unregistered sales of equity securities
Frequently asked questions about Nextnrg, Inc.
- What does Nextnrg, Inc. do?
- Nextnrg, Inc. is classified by the SEC as Retail-Auto Dealers & Gasoline Stations (SIC 5500). It is based in Miami Beach, FL.
- What is Nextnrg, Inc.'s revenue?
- $81.8M for the fiscal year ending December 31, 2025, from its 10-K/A filed May 11, 2026.
- Is Nextnrg, Inc. profitable?
- Nextnrg, Inc. reported net income of -$85.7M for the fiscal year ending December 31, 2025.
- Who is the CEO of Nextnrg, Inc.?
- Michael D. Farkas, CEO and Executive Chairman, as named in a 4 filed June 22, 2026.
- Who is the CFO of Nextnrg, Inc.?
- Joel Kleiner, Chief Financial Officer, as named in a 10-K filed April 16, 2026.
- Where is Nextnrg, Inc. headquartered?
- Miami Beach, FL.
- What is Nextnrg, Inc.'s stock ticker?
- NXXT on Nasdaq.
- What industry is Nextnrg, Inc. in?
- Retail-Auto Dealers & Gasoline Stations, SIC code 5500.
- What is Nextnrg, Inc.'s website?
- nextnrg.com. Investor relations: https://investors.nextnrg.com.
- When does Nextnrg, Inc. report earnings next?
- November 13, 2026. Source: pg_future_events.
- Is Nextnrg, Inc. a public company?
- Yes. Nextnrg, Inc. files with the SEC under CIK 0001817004 and trades as NXXT.
- Who audits Nextnrg, Inc.?
- M&k Cpas, PLLC, Woodlands, TX, as named in its latest annual report (10-K).
- How many shares of Nextnrg, Inc. are outstanding?
- 168.2 million shares as of August 13, 2026, from its 10-Q filed August 13, 2026.
- What is Nextnrg, Inc.'s public float?
- $92.3M as of June 30, 2025, as reported on the cover of its 10-K/A filed May 11, 2026.
- How many business segments does Nextnrg, Inc. report?
- 2 reportable segments for the period ending June 30, 2026, from its 10-Q filed August 13, 2026.
- When is Nextnrg, Inc.'s annual shareholder meeting?
- December 9, 2025, per its proxy statement (DEF 14A) filed December 9, 2025.
- Have Nextnrg, Inc. insiders traded stock recently?
- Since September 18, 2025, officers and directors reported 5 open-market sales worth about $394K and 2 purchases worth about $1.7M on Forms 4 and 5. The most recent: Daniel Ronald Arbour (Director) sold 38,197 shares on December 30, 2025.