← Nixxy, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Profit or Loss | — | — | ($1.5m) | ($11.8m) | ($17.0m) | ($16.3m) | ($16.5m) | ($6.7m) | ($22.6m) | ($15.0m) | — | |
| Net Income (Loss) Attributable to Parent | ($306k) |
($443k)
-44.74%
|
($472k)
-6.58%
|
($11.8m)
-2403.55%
|
($17.0m)
-44.22%
|
($16.3m)
+4.12%
|
($16.5m)
-0.86%
|
($6.7m)
+59.57%
|
($22.6m)
-239.25%
|
($15.0m)
+33.68%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | ($36.5m) |
($12.0m)
+67.27%
|
($17.0m)
-42.53%
|
— | ($16.5m) |
($6.7m)
+59.57%
|
($22.6m)
-239.25%
|
($15.0m)
+33.69%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | ($11.8m) | ($17.0m) | $16.3m | $16.5m | ($6.7m) | ($22.6m) | ($15.0m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | ($31k) | — | — | — | — | — | $1.9m | — | |
| Depreciation, Depletion and Amortization | — | — | — | — | — | $2.7m | $3.7m | $1.3m | $1.1m | $2.4m | $2.9m | |
| Amortization of Debt Issuance Costs | — | — | — | — | $754k | — | — | — | — | — | — | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | — | — | — | — | — | $177k | $0 | — | |
| Amortization of Intangible Assets | — | — | — | $478k | $687k | $2.7m | $3.7m | $1.3m | $1.0m | $1.9m | — | |
| Depreciation | — | — | — | — | — | $1k | $3.7m | $25k | $28k | $8k | $2.9m | |
| Depreciation, Nonproduction | — | — | — | $478k | $688k | $2.7m | — | — | — | — | $2.9m | |
| Depreciation Expense | — | — | — | $478k | $688k | $2.7m | $3.7m | $1.3m | $1.1m | $2.4m | $2.9m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $3.7m | $1.3m | $1.1m | $2.4m | $2.9m | |
| Share-based Payment Arrangement, Noncash Expense | — | $361 | $29k | $3.9m | $3.1m | — | $3.1m | $1.3m | $5.6m | $4.6m | $2.6m | |
| Share-based Payment Arrangement, Expense | — | — | — | $4.6m | $3.2m | $5.4m | $4.1m | — | — | $37k | $2.6m | |
| Stock-Based Compensation Expense | — | $361 | $29k | $4.6m | $3.2m | $5.4m | $4.1m | $1.5m | $5.6m | $4.6m | $2.6m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | — | — | $1.7m | — | |
| Goodwill, Impairment Loss | — | — | — | $3.0m | — | $2.5m | $582k | $0 | $4.7m | $1.7m | $1.7m | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | $113k | — | — | — | — | — | — | — | |
| Asset Impairment Charges | — | — | — | $3.1m | — | — | $4.4m | $0 | $4.7m | $1.7m | $1.7m | |
| Asset Impairment Charge | — | — | — | — | — | — | $4.9m | ($144k) | $4.7m | $1.7m | $1.7m | |
| Nonoperating Income (Expense) | ($11k) | ($131k) | ($29k) | ($1.3m) | ($10.3m) | $610k | — | ($96k) | ($7.6m) | ($1.3m) | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | $610k | $258k | $2k | $6k | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($2.6m) | $2.0m | ($124k) | $539k | $110k | |
| Increase (Decrease) in Accounts Receivable | — | — | $43k | $63k | $95k | $4.7m | $1.5m | $2.0m | ($458k) | $1.3m | ($431k) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | — | — | — | — | $928k | $493k | ($144k) | — | — | ($431k) | |
| Accounts receivable collected on assets held for distribution | — | — | — | — | — | — | — | — | $0 | $7k | ($431k) | |
| Change In Receivables | — | — | — | — | — | — | ($1.4m) | $2.0m | $458k | ($1.3m) | ($431k) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($1.4m) | $2.0m | $458k | ($1.3m) | ($431k) | |
| Change in Accounts Payable | — | ($52k) | $37k | $3.3m | $627k | ($747k) | ($164k) | $0 | ($320k) | $1.5m | — | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($759k) | ($18k) | ($321k) | $1.5m | $679k | |
| Purchases of property and equipment, accrued but unpaid | — | — | — | — | — | $0 | $75k | $0 | — | — | ($400k) | |
| Change in Deferred Revenue | — | — | $5k | $23k | ($94k) | $526k | ($531k) | ($65k) | ($54k) | ($49k) | — | |
| Decrease (increase) in prepaid expenses and other current assets | — | — | — | — | ($69k) | ($75k) | $253k | $96k | ($207k) | $416k | — | |
| Change In Other Current Assets | — | — | — | — | — | — | $0 | ($382k) | — | — | — | |
| Change In Other Current Liabilities | — | — | — | — | — | $3k | $0 | — | — | — | $0 | |
| Net Cash Provided by (Used in) Operating Activities | ($339k) |
($369k)
-8.98%
|
($358k)
+3.07%
|
($1.4m)
-288.82%
|
($2.5m)
-81.63%
|
($9.0m)
-256.89%
|
($6.9m)
+22.93%
|
($947k)
+86.37%
|
($4.1m)
-332.55%
|
($4.6m)
-11.46%
|
($3.1m)
+31.84%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | — | — | — | — | — | $0 | $75k | $0 | — | ($400k) | ($400k) | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | — | $0 | $1.8m | $0 | ($1.1m) | |
| Capital Expenditure Reported | — | — | — | — | — | $0 | ($1.3m) | $0 | — | — | ($400k) | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | — | — | $546k | $154k | |
| Gain (Loss) on Sale of Investments | — | — | — | $27k | — | — | — | — | — | — | — | |
| Marketable Securities, Unrealized Gain (Loss) | — | — | — | ($111k) | ($20k) | ($1k) | $0 | $170k | $410k | ($136k) | — | |
| Loss on adjustment of fair value of marketable securities | — | — | — | — | — | — | — | $170k | $240k | $136k | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $9k | — | — | $2.2m | $0 | — | — | — | $66k | |
| Net cash (used in) provided by investing activities | — | — | ($67k) | $81k | ($33k) | ($2.2m) | ($350k) | $0 | $1.8m | ($400k) | — | |
| Net Cash Provided by (Used in) Investing Activities | — | — | ($67k) | $81k | ($33k) | ($2.2m) | ($350k) | $0 | $1.8m | ($400k) | $0 | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $116k | — | $638k | — | $376k | $25k | $1.2m | $0 | ($8.5m) | $0 | — | |
| Loss on debt settlement | — | — | — | — | — | — | — | — | $8.5m | $0 | — | |
| Issuance of common stock for debt settlements | — | — | — | — | — | — | — | $0 | $2.7m | $0 | $2.8m | |
| Issuance of common stock upon debt conversion | — | — | — | — | — | — | — | — | $0 | $1.5m | $2.8m | |
| Issuance Of Debt | — | — | — | — | — | — | $11.4m | $872k | $0 | $775k | $7.7m | |
| Long Term Debt Issuance | — | — | — | — | — | $2.4m | $4.1m | $0 | — | — | $7.7m | |
| Long Term Debt Payments | — | — | — | — | — | ($724k) | ($2.0m) | ($668k) | — | — | ($4.8m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $5.7m | ($12k) | ($1.1m) | $775k | $780k | |
| Net Long Term Debt Issuance | — | — | — | — | — | $1.7m | $2.1m | ($668k) | — | — | $2.9m | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $3.6m | ($12k) | ($1.1m) | $775k | $775k | |
| Repayment Of Debt | — | — | — | — | — | — | ($5.7m) | ($884k) | ($1.1m) | $0 | ($4.8m) | |
| Short Term Debt Issuance | — | — | — | — | — | — | $7.3m | $872k | $0 | $775k | $775k | |
| Short Term Debt Payments | — | — | — | — | — | — | ($3.7m) | ($884k) | ($1.1m) | $0 | $0 | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | $80k | — | — | — | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | $13.8m | $0 | — | $4.3m | $1.8m | $2.8m | |
| Issuance of common stock, net of fees | — | — | — | — | — | — | — | — | $4.3m | $0 | $2.8m | |
| Issuance of common stock issued upon purchase of intangible assets | — | — | — | — | — | — | — | $0 | $647k | $11.5m | $2.8m | |
| Issuance of common stock issued upon conversion of note payable | — | — | — | — | — | — | — | $0 | $274k | $0 | $2.8m | |
| Issuance of common stock from conversion of warrants | — | — | — | — | — | — | — | $0 | $592k | $0 | $2.8m | |
| Common Stock Issuance | — | — | — | — | — | — | $0 | $786k | $4.3m | $1.8m | $2.8m | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $0 | $786k | $4.3m | $1.8m | $2.8m | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | ($80k) | $0 | — | $0 | |
| Dividends paid | — | — | — | $70k | — | — | — | — | — | — | — | |
| Dividends Payable | — | — | $0 | — | — | — | — | — | — | — | — | |
| Net Cash from Financing Activities | — | — | $2.2m |
($105k)
-104.77%
|
($18k)
+82.95%
|
($724k)
-3940.94%
|
$0
+100.00%
|
$315k |
$599k
+90.13%
|
$775k
+29.33%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | $338k |
$358k
+5.70%
|
$636k
+77.72%
|
$1.6m
+151.97%
|
$2.4m
+46.85%
|
$13.7m
+483.93%
|
$5.7m
-58.79%
|
$1.0m
-82.18%
|
$3.9m
+282.46%
|
$2.6m
-32.20%
|
$3.8m
+47.02%
|
|
| Net (decrease) increase in cash | — | — | ($364k) | $292k | ($206k) | $2.5m | ($1.6m) | $62k | $1.5m | ($2.4m) | — | |
| Cash, beginning of year | — | — | $378k | $14k | $306k | $100k | $947k | $1.0m | $2.5m | $182k | — | |
| Beginning Cash Position | — | — | — | — | — | — | $2.6m | $947k | $1.0m | $2.5m | $294k | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $2.6m | $947k | $1.0m | $2.5m | $182k | $1.0m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $2k | $50k | $236k | $241k | $257k | $323k | $150k | $0 | — | |
| Income Taxes Paid, Net | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Asset Acquisition Contingent Consideration Liability | — | — | — | — | — | $579k | $0 | $382k | $142k | — | — | |
| Deconsolidation, Gain (Loss), Amount | — | — | — | — | — | — | — | — | — | $337k | — | |
| Derivative, Gain (Loss) on Derivative, Net | ($12k) | ($30k) | — | — | $2.7m | $0 | — | — | — | ($53k) | — | |
| Financing Interest Expense | — | — | — | — | — | — | — | — | $0 | — | — | |
| Gain (Loss) on Disposition of Intangible Assets | — | — | — | — | — | $0 | $250k | — | — | — | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | — | $551k | — | — | — | |
| Gain (Loss) on Disposition of Assets for Financial Service Operations | — | — | — | — | — | — | — | — | $1.8m | $0 | — | |
| General and Administrative Expense | — | — | — | $8.1m | $8.0m | $17.3m | $15.3m | $6.1m | $8.9m | $7.2m | — | |
| Goodwill | — | — | — | $3.5m | $3.5m | $7.7m | $7.1m | $7.1m | $2.4m | $0 | $1.7m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | ($7.7m) | ($22.6m) | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | — | ($13.1m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $1.1m | $0 | — | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $123k | — | |
| Operating Expenses | $295k | $312k | $443k | $12.1m | $9.1m | $24.2m | $25.5m | $8.2m | $15.6m | $109.7m | — | |
| Realized Investment Gains (Losses) | — | — | — | ($50k) | ($3k) | $0 | $0 | $0 | $0 | $0 | — | |
| Unrealized Gain (Loss) on Derivatives | ($12k) | ($30k) | ($582k) | $1.1m | ($2.7m) | $7.3m | $0 | — | — | — | — | |
| Equity based compensation expense - options | — | — | — | — | — | — | — | — | $112k | $37k | — | |
| Allowance for (recovery of) credit losses | — | — | — | — | — | — | — | — | ($84k) | $7k | — | |
| Loss on shares issued in settlement of consulting agreement | — | — | — | — | — | — | — | $0 | $153k | $0 | — | |
| Gain on deconsolidation | — | — | — | — | — | — | — | — | $0 | ($337k) | — | |
| Change in fair value of derivative liability | — | — | — | ($1.1m) | $2.7m | ($7.3m) | $0 | — | $0 | $53k | — | |
| Gain on assets sale | — | — | — | — | — | — | ($250k) | $0 | ($1.8m) | $0 | — | |
| Interest Expense | — | $5k | $2k | $50k | $236k | $241k | $257k | $323k | $150k | $0 | — | |
| Change in fair value of contingent consideration | — | — | — | — | — | — | — | — | $0 | $1.2m | — | |
| Purchase of intangible assets | — | — | — | — | ($50k) | $0 | — | — | $0 | ($400k) | — | |
| Proceeds from Sale of PP&E | — | — | — | — | — | — | — | $0 | $1.8m | $0 | — | |
| Repayments of notes | — | ($45k) | — | — | — | — | ($2.0m) | ($668k) | ($1.1m) | $0 | — | |
| Stock Repurchases (Issuances) | — | — | $67k | — | — | $13.8m | $0 | $786k | $4.3m | $1.8m | — | |
| Warrants issued in connection with purchase of intangible assets | — | — | — | — | — | — | — | $0 | $480k | $0 | — | |
| Stock to be issued for fixed consideration | — | — | — | — | — | — | — | — | $0 | $500k | — | |
| D&O Insurance Policy | — | — | — | — | — | — | — | — | $0 | $65k | — | |
| Distribution associated with Spin-off | — | — | — | — | — | — | — | — | $0 | $103k | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $5.7m | $1.0m | $3.9m | $2.6m | $3.8m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($350k) | $0 | $1.8m | ($400k) | $0 | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($1.6m) | $62k | $1.5m | ($2.4m) | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($610k) | ($65k) | ($54k) | ($49k) | ($99k) | |
| Change In Prepaid Assets | — | — | — | — | — | — | $253k | $96k | ($207k) | $416k | ($88k) | |
| Changes In Cash | — | — | — | — | — | — | ($1.6m) | $62k | $1.5m | ($2.4m) | $733k | |
| End Cash Position | — | — | — | — | — | — | $947k | $1.0m | $2.5m | $182k | $1.0m | |
| Financing Cash Flow | — | — | — | — | — | — | $5.7m |
$1.0m
-82.18%
|
$3.9m
+282.40%
|
$2.6m
-32.19%
|
$3.8m
+47.02%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($8.3m) | ($947k) | ($4.1m) | ($5.0m) | ($3.1m) | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $152k | ($96k) | ($13k) | $55k | $154k | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | — | — | $0 | ($337k) | ($337k) | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | $0 | ($250k) | $0 | — | — | — | |
| Investing Cash Flow | — | — | — | — | — | — | ($350k) | $0 | $1.8m | ($400k) | $0 | |
| Net Business Purchase And Sale | — | — | — | — | — | ($2.2m) | $0 | — | — | — | $66k | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | $1.1m | $0 | $0 | ($400k) | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | $0 | ($75k) | $0 | — | — | — | |
| Net Preferred Stock Issuance | — | — | — | — | — | $0 | $0 | ($80k) | $0 | — | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | ($1.3m) | ($649k) | $6.7m | ($282k) | ($1.1m) | |
| Other Non Cash Items | — | — | — | — | — | — | $705k | $1.6m | $330k | $1.2m | — | |
| Preferred Stock Payments | — | — | — | — | — | — | $0 | ($80k) | $0 | — | $0 | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $0 | $315k | $599k | $0 | $0 | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | — | — | ($84k) | $7k | $7k | |
| Purchase Of Business | — | — | — | — | — | ($2.2m) | $0 | — | — | — | $66k | |
| Purchase Of Intangibles | — | — | — | — | — | $0 | — | — | $0 | ($400k) | $0 | |
| Purchase Of PPE | — | — | $58k | $12k | $12k | $0 | ($75k) | $0 | — | — | ($400k) | |
| Sale Of Intangibles | — | — | — | — | — | $0 | $1.1m | $0 | — | — | — | |
| Stock Based Compensation | — | — | — | — | — | — | $4.1m | $1.5m | $5.6m | $4.7m | $2.6m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | — | $170k | $240k | $136k | ($1.6m) |