v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash $ 1,027 $ 182
Accounts receivable, net of allowance for doubtful accounts of $838,000 and $835,000, respectively 1,712 1,331
Prepaid expenses and other current assets 233 108
Investment in Marketable Securities 2,110 343
Total current assets 5,082 1,964
Property and equipment, net of accumulated depreciation of $61,000 and $61,000, respectively 0 0
Intangible assets, net 10,506 11,217
Goodwill 0 0
Total assets 15,588 13,181
Current liabilities:    
Accounts payable 3,079 2,506
Accrued expenses 914 930
Accrued compensation 107 125
Accrued interest 29 11
Contingent consideration 0 500
Other liabilities 17 17
Loans payable - current portion, net of discount 61 56
Line of credit payable 1,000 775
Refundable deposit on preferred stock purchase 285 285
Total current liabilities 5,492 5,205
Total liabilities 5,492 5,205
Commitments and contingencies (Note 9)  
Stockholders’ Equity    
Common stock, $0.0001 par value; 200,000,000 shares authorized; 26,892,429 and 25,946,889 shares issued and outstanding as of March 31, 2026, and December 31, 2025, respectively 3 3
Common Stock to be issued, 1,865,330 and 402,737 shares as of March 31, 2026, and December 31, 2025, respectively 0 0
Additional paid-in capital 123,353 121,771
Accumulated deficit (113,260) (113,798)
Total Nixxy stockholders’ equity 10,096 7,976
Total liabilities and stockholders’ equity $ 15,588 $ 13,181