Home / Going-concern warnings / NEXTNRG, INC.

5/5NEXTNRG, INC. (NXXT): Going-concern doubt

Filed 2026-04-16 路 Form 10-K 路 Accession 0001493152-26-016896 micro

Market data

Price before filing: $4.97 (2026-04-15 close, split/dividend-adjusted)
Market cap at flag: $64.3M (2026-04-16) 路 Latest: $9.3M (2026-10-16)

What happened next

WindowNXXTSPYvs SPY
30 days-17.5%+5.5%-23.0%2026-05-18
90 days-41.6%+8.1%-49.8%2026-07-15
180 days-88.5%+11.7%-100.3%2026-10-13

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"As discussed in Note 1 to the consolidated financial statements, the Company suffered a substantial net loss from operations and has insufficient revenues and income to fully fund the operations, which raises substantial doubt about its ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Going-concern opinion issued by: M&K CPAS, PLLC
Source: independent auditor report in Form 10-K (period 2025-12-31)

Why this score: in auditor's report; also within 90 days: Late annual report (NT 10-K)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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