Financial insights of NEXT

MyFinsight

For the quarter ending 2026-03-31.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenues	0	0	0	0
General and administrative expense	49,941,000	39,189,000	66,105,000	52,049,000
Development expense	2,143,000	3,570,000	2,881,000	1,248,000
Depreciation and amortization expense	3,031,000	3,025,000	2,977,000	2,971,000
Other	0	0	0	0
Total operating expenses	55,115,000	45,784,000	71,963,000	56,268,000
Total operating loss	-55,115,000	-45,784,000	-71,963,000	-56,268,000
Loss on debt extinguishment and modification cost	-	-20,978,000	0	-9,160,000
Derivative gain, net	-62,110,000	206,678,000	-74,141,000	25,157,000
Interest expense	79,247,000	75,341,000	38,632,000	28,833,000
Other income (expense), net	1,432,000	6,404,000	-20,000	-1,528,000
Total other income (expense)	-139,925,000	116,763,000	-112,793,000	-14,364,000
Loss before income taxes	-195,040,000	-	-	-
Income tax expense	0	-	-	-
Net gain	-195,040,000	70,979,000	-184,756,000	-70,632,000
Less net gain attributable to non-controlling interests	-58,634,000	118,259,000	-75,274,000	-9,765,000
Less preferred stock dividends	-	0	-	-
Net loss attributable to common stockholders	-136,406,000	-47,280,000	-109,482,000	-60,867,000

Basic EPS	-0.51	-0.179	-0.42	-0.23
Diluted EPS	-0.51	-0.179	-0.42	-0.23
Basic Average Shares	264,908,000	264,793,000	262,581,000	260,877,000
Diluted Average Shares	264,908,000	264,793,000	262,581,000	260,877,000