# EDGAR Filing Document

**Accession Number:** 0001817004
**File Stem:** 0001493152-26-023737
**Filing Date:** 2026-5
**Character Count:** 14669
**Document Hash:** e8eabbe1dc57ef9aac9538f39744eba2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-023737.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001493152-26-023737

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20260515

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEXTNRG, INC.
- **CENTRAL INDEX KEY:** 0001817004
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 834260623
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40809
- **FILM NUMBER:** 26987012

**BUSINESS ADDRESS:**
- **STREET 1:** 407 LINCOLN RD. #9F
- **CITY:** MIAMI BEACH
- **STATE:** FL
- **ZIP:** 33139
- **BUSINESS PHONE:** 305-791-1169

**MAIL ADDRESS:**
- **STREET 1:** 407 LINCOLN RD. #9F
- **CITY:** MIAMI BEACH
- **STATE:** FL
- **ZIP:** 33139

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EzFill Holdings Inc
- **DATE OF NAME CHANGE:** 20200707

?xml version='1.0' encoding='ASCII'?

**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): **<u>May 15, 2026</u>**

**<u>NEXTNRG, INC.</u>**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-40809** | **83-4260623** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |

---

**<u>407 Lincoln Rd. #9F, Miami Beach, Florida 33190</u>**

(Address of principal executive offices, including Zip Code)

**<u>(305) 791-1169</u>**

(Registrant's telephone number, including area code)

**<u>N/A</u>**

(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 communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement 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 of each class | Trading Symbol(s) | Name 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. ☐

**Item 2.02. Results of Operations and Financial Condition.**

On May 15, 2026, NextNRG, Inc. (the "Company") issued a press release announcing its financial results for the three months ended March 31, 2026. 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.

**Item 9.01 Financial Statements and Exhibits.**

(d) Exhibits

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | [Press release of the registrant issued on May 15, 2026.](ex99-1.htm) |
| 104 | Cover 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.** | **NextNRG, Inc.** |
| Date: May 15, 2026 | By: | */s/ Michael Farkas* |
|  | Name: | Michael Farkas |
|  | Title: | Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

**NextNRG Reports First Quarter 2026 Financial Results**

**Revenue Increased 29% Year-Over-Year to $21.1 Million While Gross Profit More Than Tripled**

Interest Expense Declined 80% as Company Advances Microgrid Pipeline and Optimizes Fueling Operations

**MIAMI, FL - May 15, 2026 -** NextNRG, Inc. (NASDAQ: NXXT) ("NextNRG" or the "Company"), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced financial results for the first quarter ended March 31, 2026.

"Our first quarter results reflect disciplined execution across both segments of our business," said Michael D. Farkas, Founder and CEO of NextNRG. "Revenue grew 29% year-over-year, gross profit more than tripled, and we reduced interest expense by 80% compared to the same quarter last year. These results demonstrate the progress we are making in scaling and optimizing our fueling operations while continuing to advance our energy infrastructure pipeline in a fiscally disciplined manner."

Mr. Farkas continued, "We remain focused on what matters: growing revenue, improving unit economics, progressing our microgrid pipeline, and managing our cost structure with discipline. We believe this approach positions NextNRG to deliver long-term value as both segments of our business continue to develop."

**First Quarter 2026 Financial Highlights**

---

| | | |
|:---|:---|:---|
| **Metric** | **Q1 2026** | **Q1 2025** |
| **Revenue** | $21059130 | $16272673 |
| **Gross Profit** | $1711710 | $517969 |
| **Gross Margin %** | 8.1% | 3.2% |
| **Loss from Operations** | $(10093843) | $(5753872) |
| **Net Loss** | $(10766492) | $(8937999) |
| **Interest Expense** | $680596 | $3323397 |
| **Adjusted EBITDA (1)** | $(1155146) | $(3395542) |

---

(1) Adjusted EBITDA is a non-GAAP financial measure. See reconciliation and Non-GAAP Financial Measures disclosure below.

**First Quarter 2026 Financial Results**

Revenue for the three months ended March 31, 2026 was $21,059,130, compared to $16,272,673 in the first quarter of 2025, representing growth of 29% year-over-year. Revenue growth was driven by continued expansion of the Company's mobile fueling operations, including growth in fuel volumes delivered and an increase in the average price per gallon across existing markets.

Gross profit increased to $1,711,710, compared to $517,969 in the first quarter of 2025. Gross margin percentage expanded to 8.1% from 3.2% in the prior-year period, reflecting continued improvements in route optimization, fleet utilization, and operating efficiency across the Company's fueling platform.

Loss from operations was $10,093,843 for the first quarter of 2026, compared to $5,753,872 for the first quarter of 2025. The increase in operating loss was primarily attributable to $7,859,677 in non-cash stock-based compensation expense recorded during the first quarter of 2026 in connection with shares issued for services. Excluding this non-cash item, the Company continued to make progress on cost discipline relative to revenue growth.

Net loss was $10,766,492 for the first quarter of 2026, compared to $8,937,999 for the first quarter of 2025. For the first quarter of 2026, net loss available to common stockholders was $10,880,521 after preferred stock dividends, compared to $8,960,972 for the first quarter of 2025.

Interest expense was $680,596 for the first quarter of 2026, compared to $3,323,397 for the first quarter of 2025, representing an 80% reduction year-over-year and reflecting lower financing-related charges and reduced amortization of debt discounts as a result of the Company's refinancing activity in 2025.

The Company continues to advance its energy infrastructure segment, including its smart microgrid pipeline, and remains focused on scaling and optimizing its mobile fueling operations. Both segments are being managed with an emphasis on disciplined operational and fiscal execution.

**Adjusted EBITDA**

The following table presents a reconciliation of net loss to Adjusted EBITDA for the three months ended March 31, 2026 and 2025:

---

| | | |
|:---|:---|:---|
| **Net Loss to Adjusted EBITDA Reconciliation** | **Q1 2026** | **Q1 2025** |
| Net loss | $(10766492) | $(8937999) |
| Add: Interest expense | 680596 | 3323397 |
| Add: Depreciation and amortization | 1071073 | 733336 |
| Add: Stock-based compensation | 7859677 | 1485724 |
| **Adjusted EBITDA** | $**(1155146)** | $**(3395542)** |

---

Adjusted EBITDA was $(1,155,146) for the first quarter of 2026, compared to $(3,395,542) for the first quarter of 2025. The $2,240,396 improvement year-over-year reflects the significant reduction in interest expense and improvement in gross profit, partially offset by the increase in non-cash stock-based compensation expense recorded during the first quarter of 2026.

**Balance Sheet and Liquidity**

As of March 31, 2026, the Company had:

**● Cash and cash equivalents** of $208,048, compared to $2,116,932 and $384,140 at March 31, 2025 and December 31, 2025, respectively

**● Total assets** of $12,263,129, compared to $11,063,353 at December 31, 2025

**● Accounts receivable** of $2,900,153, compared to $2,039,214 at December 31, 2025

Management continues to evaluate multiple financing and strategic initiatives intended to support working capital requirements, operational growth, and expansion of the Company's energy infrastructure platform.

**Looking Ahead: Scaling the Integrated Energy Platform**

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

**● Utility Operating System and Smart Microgrids:** Advancing the Company's AI-driven microgrid pipeline across commercial, healthcare, municipal, industrial and federal markets through power purchase agreements and SaaS arrangements.

**● Wireless EV Charging:** Progressing from development toward commercial deployment, with a focus on fleet operators, logistics facilities, and industrial equipment applications.

**● Mobile Fueling Logistics:** Continuing to scale and optimize national fueling operations with a focus on route efficiency, fleet utilization, and disciplined cost management.

**Non-GAAP Financial Measures**

Adjusted EBITDA is a non-GAAP financial measure. Adjusted EBITDA should not be considered a substitute for measures prepared in accordance with accounting principles generally accepted in the United States ("GAAP"), nor should it be viewed as a substitute for operating results determined in accordance with GAAP. We believe that the presentation of Adjusted EBITDA, which excludes the impact of net interest expense, taxes, depreciation, amortization, and stock-based compensation expense, provides useful supplemental information that is essential to a proper understanding of our financial results. Non-GAAP measures are not formally defined by GAAP, and other entities may use calculation methods that differ from ours for the purposes of calculating Adjusted EBITDA. As a complement to GAAP financial measures, we believe that Adjusted EBITDA assists investors who follow the practice of some investment analysts who adjust GAAP financial measures to exclude items that may obscure underlying performance and distort comparability. See the reconciliation of net loss to Adjusted EBITDA above.

**About NextNRG, Inc.**

NextNRG, Inc. (NextNRG) is Powering What's Next by integrating artificial intelligence (AI) and machine learning (ML) into utility infrastructure, battery storage, wireless EV in-motion charging, renewable energy and mobile fuel delivery, to create a unified platform for modern energy management.At the core of its strategy is the Next Utility Operating System®, which uses AI to optimize both new and existing infrastructure across microgrids, utilities, and fleet operations. NextNRG's smart microgrids serve commercial, healthcare, educational, tribal, and government sites delivering cost savings, reliability, and decarbonization. The company also operates one of the nation's largest on-demand fueling fleets and is advancing wireless charging to support fleet electrification.To learn more, visit www.nextnrg.com.

**Forward-Looking Statements**

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.

**Investor Relations Contact**

**NextNRG, Inc.**

Sharon Cohen

SCohen@nextnrg.com