v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Sales - net $ 27,747,948 $ 19,691,568 $ 48,807,078 $ 35,964,241
Cost of sales 25,792,310 18,121,752 45,139,730 33,876,456
Gross profit 1,955,638 1,569,816 3,667,348 2,087,785
General and administrative expenses 6,047,468 31,779,768 16,781,948 37,318,273
Depreciation and amortization 335,382 555,752 1,406,455 1,289,088
Total costs and expenses 6,382,850 32,335,520 18,188,403 38,607,361
Loss from operations (4,427,212) (30,765,704) (14,521,055) (36,519,576)
Other income (expense)        
Interest income 1 41 3 41
Gain (loss) on settlement of liabilities 368,819 (1,134,944) 368,819 (1,134,944)
Gain on sale of asset 37,169 37,169
Other income 75,250 86,363 83,195 225,633
Interest expense (including amortization of debt discount) (2,678,729) (4,319,031) (3,359,325) (7,642,428)
Total other expense - net (2,197,490) (5,367,571) (2,870,139) (8,551,698)
Net loss (6,624,702) (36,133,275) (17,391,194) (45,071,274)
Non-controlling interest (24,749) (32,509) (58,217) (182,974)
Net loss attributable to NextNRG, Inc. before preferred dividends (6,599,953) (36,100,766) (17,332,977) (44,888,300)
Net loss available to common stockholders - basic (6,730,789) (36,274,204) (17,611,310) (45,235,176)
Net loss available to common stockholders - diluted $ (6,730,789) $ (36,274,204) $ (17,611,310) $ (45,235,176)
Loss per share - basic $ (0.04) $ (0.30) $ (0.11) $ (0.39)
Loss per share - diluted $ (0.04) $ (0.30) $ (0.11) $ (0.39)
Weighted average number of shares - basic 161,506,846 119,114,085 155,446,079 114,394,593
Weighted average number of shares - diluted 161,506,846 119,114,085 155,446,079 114,394,593
Series A Convertible Preferred Stock [Member]        
Other income (expense)        
Preferred stock dividend $ (70,836) $ (113,438) $ (158,333) $ (226,876)
Series B Convertible Preferred Stock [Member]        
Other income (expense)        
Preferred stock dividend $ (60,000) $ (60,000) $ (120,000) $ (120,000)