NextNRG Inc 2025年季度报告

FORM10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedMarch 31,2025 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______, 20___, to _____, 20___. Commission File Number001-40809 NextNRG, Inc.(Exact Name of Registrant as Specified in its Charter) (Registrant’s Telephone Number, Including Area Code) N/A(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Name of each Exchange on which RegisteredTheNasdaqCapital Market Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Accelerated filer☐Non-accelerated filer☒Smaller reporting company☒Emerging growth company☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ As of May 20, 2025, there were118,496,583shares of common stock, par value $0.0001per share, of the registrant issued andoutstanding. NextNRG, Inc. Table of Contents Item 1.Financial StatementsUnaudited Consolidated Balance SheetsF-1Unaudited Consolidated Statements of OperationsF-2Unaudited Consolidated Statements of Stockholders’ DeficitF-3 - F-4Unaudited Consolidated Statements of Cash FlowsF-5Notes to Unaudited Consolidated Financial StatementsF-6Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations3Item 3.Quantitative and Qualitative Disclosures About Market Risk27Item 4.Controls and Procedures27PART II - OTHER INFORMATION27Item 1.Legal Proceedings27Item 1A.Risk Factors27Item 2.Unregistered Sales of Equity Securities and Use of Proceeds27Item 3.Defaults Upon Senior Securities28Item 4.Mine Safety Disclosures28Item 5.Other Information28Item 6.Exhibits28Signatures292 NextNRG, Inc. and SubsidiariesConsolidated Balance Sheets(Unaudited) March 31, 2025December 31, 2024 NextNRG, Inc. and SubsidiariesConsolidated Statements of Operations(Unaudited) NextNRG, Inc. and SubsidiariesConsolidated Statements of Cash Flows(Unaudited) NEXTNRG, INC. AND SUBSIDIARIES(FORMERLY KNOWN AS EZFILL HOLDINGS, INC.)NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTSMARCH 31, 2025 Note 1 -Organization and Nature of Operations Organization and Nature of Operations NextNRG, Inc. (formerly known as EzFill Holdings, Inc.) and its subsidiaries (“Next”, “NextNRG,” “we,” “our” or “the Company”),operates an on-demand mobile gas delivery service as well as beginning to provide services as a renewable energy company focusedon developing and deploying wireless electric vehicle charging technology integrated with battery storage and solar energy solutions. *The Company owns 50% of this entity, the remaining 50% is a component of our non-controlling interest. Common Control Merger (Related Party) Transaction Overview On August 10, 2023, the Company, the members (the “Members”) of NextNRG Holding Corp. (“NextNRG”) and Michael Farkas, anindividual, as the representative of the members, entered into an Exchange Agreement (the “Exchange Agreement”), pursuant to whichthe Company agreed to acquire from the Members100% of the membership interests of NextNRG (the “Membership Interests”) inexchange for up to40,000,00shares of common stock. On September 25, 2024, the Company and the Shareholders’ Representative entered into the second amendment to the SecondAmended and Restated Exchange Agreement (“Second Amendment Agreement”) to change the number of the Company’s commonstock shares to be issued to the NextNRG Shareholders by the Company in exchange for100% of the shares of NextNRG to100,000,000shares of the Company’s common stock. NEXTNRG, INC. AND SUBSIDIARIES(FORMER