NXXT · Nextnrg, Inc. · Executive Compensation
$0.54
+0.00 (+0.73%)
At close · Oct 20
Return incl. dividend (before tax)
Going-concern doubt
— flagged Aug 13, 2026
Substantial doubt about the company's ability to continue as a going concern.
“These factors create substantial doubt about the Company's ability to continue as a going concern within the twelve-month period subsequent to the date that these financial statements are issued.”View the 10-Q filed Aug 13, 2026
Market Cap
$9.04M
Shares
16.82M
Volume · Oct 20
63K
Avg daily vol (26 sessions)
256.99K
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 2021
| Executive | Role | Total |
|---|---|---|
| Michael McConnell | Chief Executive Officer | $427,726 |
| Richard Dery | Chief Commercial Officer | $390,531 |
| Arthur Levine | Chief Financial Officer | $386,735 |
| Cheryl Hanrehan | Former Chief Operating Officer | $318,418 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Michael McConnell | Chief Executive Officer | $265,753 |
| Cheryl Hanrehan | Former Chief Operating Officer | $166,575 |
| Richard Dery | Chief Commercial Officer | $100,000 |
| Michael Farkas | Founder, Former President and Executive Chairman | — |
| Arthur Levine | Chief Financial Officer | — |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Joel Kleiner | Chief Financial Officer | Appointed | 2025-02-18 |
| Michael D. Farkas | Executive Chairman | Appointed | 2025-02-18 |
| Michael D. Farkas | Chief Executive Officer | Appointed | 2025-02-18 |
| Yehuda Levy | Interim Chief Executive Officer | Appointed | 2023-08-10 |
| Yehuda Levy | member of the Board | Appointed | 2023-08-10 |
| Sean Oppen | member of the Board | Appointed | 2023-08-10 |
| Jack Leibler | member of the Board | Appointed | 2023-08-10 |
| Bennett Kurtz | independent director | Appointed | 2023-08-03 |
| Mark Lev | member of the Board of Directors | Resigned | 2023-08-03 |
| Michael Handelman | Chief Financial Officer | Appointed | 2023-08-03 |
| Luis Reyes | member of the Board of Directors | Resigned | 2023-08-03 |
| Allen Weiss | member of the Board of Directors | Resigned | 2023-08-03 |
| Arthur Levine | Chief Financial Officer | Resigned | 2023-07-31 |
| Jack Levine | member of the Board of Directors | Resigned | 2023-07-28 |
| Daniel Arbour | director | Appointed | 2023-06-06 |
| Mark Lev | director | Appointed | 2023-06-06 |
| Luis Reyes | director | Appointed | 2023-06-06 |
| Jack Levine | director | Appointed | 2023-06-06 |
| Allen Weiss | director | Appointed | 2023-06-06 |
| Cheryl Hanrehan | Board | Resigned | 2023-06-06 |
| Cheryl Hanrehan | member of the Board of Directors | Resigned | 2023-05-15 |
| Yehuda Levy | interim Chief Executive Officer | Appointed | 2023-04-25 |
| Michael McConnell | director | Resigned | 2023-04-25 |
| Michael McConnell | Chief Executive Officer | Resigned | 2023-04-25 |
| Avishai Vaknin | Chief Technology Officer | Appointed | 2023-04-25 |
Leadership
- Michael D. Farkas CEO, Chairman, Board Member
- Michael Farkas CEO, Board Member
- Yehuda Levy CEO
- Allen Weiss Chairman, Board Member
- Joel Kleiner CFO
- Michael Handelman CFO
- Avishai Vaknin CTO
- Dr. Arif Sarwat CTO
- Bennett Kurtz Board Member
- Daniel Arbour Board Member
- Jack Leibler Board Member
- Jack Levine Board Member
- Luis Reyes Board Member
- Mark Lev Board Member
- Richard Dery Board Member
- Sean Oppen Board Member