NXXT · Nextnrg, Inc.
$0.24
0.00 (-0.92%)
At close · Aug 27
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 unaudited condensed consolidated financial statements are issued. The unaudited condensed consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.”View the 10-Q filed Aug 13, 2026
Market Cap
$40.17M
Shares
168.22M
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 |
| Sean Oppen | member of the Board | Appointed | 2023-08-10 |
| Yehuda Levy | member of the Board | Appointed | 2023-08-10 |
| Jack Leibler | member of the Board | Appointed | 2023-08-10 |
| Michael Handelman | Chief Financial Officer | Appointed | 2023-08-03 |
| Bennett Kurtz | independent director | Appointed | 2023-08-03 |
| Mark Lev | member of the Board of Directors | Resigned | 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 ("CFO") | 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 |
| Michael McConnell | director | Resigned | 2023-04-25 |
| Yehuda Levy | interim Chief Executive Officer | Appointed | 2023-04-25 |
| Michael McConnell | Chief Executive Officer | Resigned | 2023-04-25 |
| Avishai Vaknin | Chief Technology Officer | Appointed | 2023-04-25 |
| Daniel Arbour | non-independent director | Appointed | 2023-02-16 |
Key facts
CIK
1817004
CUSIP
652941105
13F (30d)
44 filings
44 filers
Visit website
Investor relations