8-K - NXXT - Equibles

UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C., 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of the

Securities

Exchange Act of 1934

Date of Report (Date of earliest event reported): May 21, 2025

NEXTNRG,

INC.

(Exact name of registrant as specified in its charter)

Delaware	001-40809	84-4260623
(State<br> or other jurisdiction<br><br> <br>of<br> incorporation)	(Commission<br><br> <br>File<br> Number)	(IRS<br> Employer<br><br> <br>Identification<br> No.)

67NW 183rd Street, Miami, Florida 33169

(Address of principal executive offices, including Zip Code)

(305)791-1169

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions

☐	Written<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement<br> communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title<br> of each class	Trading<br> Symbol(s)	Name<br> of each exchange on which registered
Common Stock, $0.0001 par value per share	NXXT	Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item2.02. Results of Operations and Financial Condition.

On May 21, 2025, NextNRG, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2025. A copy of this press release is furnished as Exhibit 99.1 to this Current Report.

The information included in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit<br><br> <br>No.	Description
99.1	Press release of the registrant dated May 21, 2025.
104	Cover<br> Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	NextNRG, Inc.
Date:<br> May 21, 2025	By:	/s/ Michael Farkas
	Name:	Michael<br> Farkas
	Title:	Chief<br> Executive Officer

Exhibit99.1

NextNRGReports Q1 2025 Revenues up 147% Year-over-Year

Triple-DigitGrowth Highlights Execution of Integrated Energy Infrastructure Strategy

Q12025 Conference Call Scheduled for May 22, 2025 at 9:15 AM ET

MIAMI, May 21, 2025 (GLOBE NEWSWIRE) — NextNRG, Inc. (Nasdaq: NXXT), a pioneer in AI-driven energy innovation—transforming how energy is produced, managed and delivered through its advanced Utility Operating System, smart microgrid technology, wireless EV charging and on-demand mobile fuel delivery solutions— today announced financial results for the first quarter ended March 31, 2025, and provided a strategic update on its technology roadmap and growth trajectory.

The Company will host a conference call to discuss these results on May 22, 2025 at 9:15 AM ET. Dial-in details are as follows:

●	North America Toll-Free: 1-866-524-3160
●	International: 1-412-317-6760
●	Canada Toll-Free: 1-866-605-3852
●	Webcast URL: https://event.choruscall.com/mediaframe/webcast.html?webcastid=og66zG65

SelectedFinancial & Operational Highlights

Metric	Q1 2025 (unaudited)		Q1 2024 (unaudited)
Revenue	$	16.3M	$	6.6M
Gross Profit	$	518K	$	462K

“We entered 2025 with tremendous momentum and a clear roadmap to scale, and Q1 results are a reflection of that execution,” said Michael D. Farkas, CEO of NextNRG. “With triple-digit revenue growth, record-setting fuel volumes, and expanding margins, our core operations continue to exceed expectations. At the same time, we are advancing the next phase of our integrated energy strategy, with smart microgrid deployments and wireless EV charging programs progressing toward commercial launch.

We believe our hybrid platform—combining traditional fueling, electrification, and AI-driven grid intelligence—represents the future of distributed energy,” Farkas added. “As we continue executing on this vision, we are building an ecosystem capable of delivering reliable, intelligent, and sustainable infrastructure at national scale laying the foundation for enormous long-term SaaS-based recurring revenue streams.”

RecentAccomplishments

●	Strong April Momentum Across Key Metrics: Preliminary April 2025 revenue reached $5.82 million,<br> up 154% year-over-year. Volume increased 207%, underscoring sustained demand across multiple<br> regions.
●	Commercial Enterprise Expansion: Extended key existing relationships into Texas using a dedicated<br> fleet portal for operational oversight, increasing engagement from enterprise clients seeking<br> scalable site-level energy solutions.
●	Oklahoma Market Entry: Expanded footprint into a seventh operational state under a long-term agreement<br> with one of the country’s largest in-house fleet operators.
●	Network Reach Strengthened: Grew national deployment capacity to 144 active vehicles servicing<br> major logistics corridors across metro regions including California, Michigan, Tennessee,<br> and the Southeastern U.S.

Q12025 Strategic and Operational Highlights

●	Corporate Rebrand and Capital Formation: Completed $15 million public offering and corporate rebrand<br> to NextNRG.
●	Utility OS Rollout Underway: Initiated deployment of NextNRG’s AI-powered Utility Operating<br> System to optimize microgrid efficiency, automate fleet energy delivery, and enable real-time<br> energy management across new infrastructure projects.
●	Smart Microgrids: On track to begin utility-scale microgrid deployment in Northern Florida<br> in Q2 2025.
●	EV Innovation: Planning launch of the largest bidirectional wireless EV charging pilot in<br> Southern Florida later this year.
●	Infrastructure Expansion with Strategic Acquisitions: Completed the Shell Oil mobile fleet acquisition<br> and integration of Yoshi Mobility assets, boosting logistics capacity and infrastructure<br> access.
●	Geographic Growth in Four New Markets: Entered Phoenix, Austin, San Antonio, and Houston, furthering<br> national service availability and support for new utility and municipal customers.
●	Commercial Channel Maturation: Executed logistics support agreements with major national brands,<br> reinforcing recurring delivery demand and infrastructure reliability.
●	Fleet Partnerships: Initiated deliveries to the world’s largest e-commerce company under<br> a multi-year agreement, significantly expanding the Company’s B2B revenue base.

FirstQuarter 2025 Performance

●	Revenue<br> reached $16.3 million, a 147% increase from $6.6 million in Q1 2024.
●	Gallons<br> delivered totaled 4.7 million, up 183% from 1.7 million in the prior-year quarter.
●	Average<br> fuel margin per gallon expanded to $0.71, compared to $0.65 in Q1 2024.
●	Gross<br> profit rose to $518,000, a 12% increase from $462,000 in the same period last year.
●	Ended<br> the quarter with $2.1 million in cash, a 31% year-over-year increase.

LookingAhead: Scaling the Energy Intelligence Grid

NextNRG is focused on expanding its integrated platform across three infrastructure-aligned revenue streams:

1.	Utility Operating System and Smart Microgrids: Deploying AI-driven grid management software and<br> battery/solar microgrid systems through SaaS and power purchase agreements.
2.	Wireless EV Charging: Advancing from R&D to commercial pilots with property owners, CPOs,<br> and municipalities.
3.	Mobile Energy Logistics: Scaling across sectors with centralized scheduling and recurring site-level<br> optimization.

AboutNextNRG, Inc.

NextNRG, Inc. (NextNRG) is Powering What’s Next by implementing artificial intelligence (AI) and machine learning (ML) into renewable energy, next-generation energy infrastructure, battery storage, wireless electric vehicle (EV) charging and on-demand mobile fuel delivery to create an integrated ecosystem.

At the core of NextNRG’s strategy is its Utility Operating System, which leverages AI and ML to help make existing utilities’ energy management as efficient as possible, and the deployment of NextNRG smart microgrids, which utilize AI-driven energy management alongside solar power and battery storage to enhance energy efficiency, reduce costs and improve grid resiliency. These microgrids are designed to serve commercial properties, schools, hospitals, nursing homes, parking garages, rural and tribal lands, recreational facilities and government properties, expanding energy accessibility while supporting decarbonization initiatives.

NextNRG continues to expand its growing fleet of fuel delivery trucks and national footprint, including the acquisition of Yoshi Mobility’s fuel division and Shell Oil’s trucks, further solidifying its position as a leader in the on-demand fueling industry. NextNRG is also integrating sustainable energy solutions into its mobile fueling operations. The company hopes to be an integral part of assisting its fleet customers in their transition to EV, supporting more efficient fuel delivery while advancing clean energy adoption. The transition process is expected to include the deployment of NextNRG’s innovative wireless EV charging solutions.

To find out more visit: www.nextnrg.com

Forward-LookingStatements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG’s goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as “expect,” “intends,” “will,” and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG’s business and macroeconomic and geopolitical events. These and other risks are described in NextNRG’s filings with the Securities and Exchange Commission from time to time. NextNRG’s forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG’s forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.

InvestorRelations Contact

NextNRG, Inc.

Sharon Cohen

SCohen@nextnrg.com