NUAI · New ERA Energy & Digital, Inc.
$5.04
-0.53 (-9.52%)
At close · Aug 21
Going-concern doubt
— cleared Aug 14, 2026
The latest filing states the doubt was alleviated.
“In its Quarterly Report for the three months ended March 31, 2026, the Company disclosed that its liquidity condition at that time, including recurring net losses, a working capital deficit, and significant near-term payment obligations, raised substantial doubt about its ability to continue as a going concern. As a result of the debt and equity financings completed in April 2026, the repayment of the senior secured convertible promissory note and current and forecasted operating uses of cash, management has concluded that the Company's existing cash and cash equivalents on hand and expected sources of liquidity are sufficient to fund its operations and meet its obligations as they become due for at least twelve months from the date these condensed consolidated financial statements are issued. Accordingly, the conditions that previously raised substantial doubt about the Company's ability to continue as a going concern have been alleviated, and substantial doubt no longer exists as of the issuance date of these condensed consolidated financial statements.”View the 10-Q filed Aug 14, 2026
Market Cap
$575.42M
Shares
106.56M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| E. Will Gray II | Chief Executive Officer | $392,793 |
| Michael J. Rugen | Chief Financial Officer | $262,807 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| E. Will Gray II | Chief Executive Officer | $347,138 |
| Michael J. Rugen | Chief Financial Officer | $132,032 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| José Rodriguez | Chief Operating Officer | Appointed | 2026-07-06 |
| Ted Warner | member of the Board | Appointed | 2026-07-06 |
| Ted Warner | President | Appointed | 2026-07-06 |
| Darin Rovell | Chief Accounting Officer | Appointed | 2026-06-03 |
| Andrew Casazza | Chief Corporate Officer | Appointed | 2026-04-17 |
| Ted Warner | Chief Financial Officer | Appointed | 2026-03-18 |
| Charles Nelson | President and Chief Operating Officer | Appointed | 2026-02-02 |
| Ondrej Sestak | Director | Appointed | 2025-06-26 |
| Peter ("P.J.") Lee | Director | Appointed | 2025-06-26 |
| William H. Flores | member of the Board of Directors | Resigned | 2025-06-02 |
| Stan Boroweic | member of the Board of Directors | Resigned | 2025-05-29 |
| Phil Kornbluth | member of the Board of Directors | Resigned | 2025-05-29 |
| Michael J. Rugen | Chief Financial Officer | Resigned | 2025-04-25 |
Key facts
CIK
2028336
CUSIP
64428N109
13F (30d)
138 filings
135 filers
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