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NXXT NXXT Impairment Of Ongoing Project Including Intangible Assets

Impairment Of Ongoing Project Including Intangible Assets at other companies

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Segments

By segment

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Energy Infrastructure$8.54M

Other financials

Income statement

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Revenue$21.1M+29.4%
Gross profit$1.7M+230%
Operating income-$10.1M-75.4%
Net income-$10.7M-22.1%
EPS (diluted)-$0.07+95.6%

Balance sheet

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Cash & equivalents$208.0K-90.2%
Total debt$3.4M+4,849%
Total equity-$19.6M-252%
Total assets$12.3M-52.9%

Cash flow

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Operating cash flow-$2.1M+62.8%
CapEx$5.7M+26,892%
Free cash flow-$7.2M-490%

Valuation

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Market cap$55.34M-82.7%
Enterprise value$58.5M-81.6%
P/S0.6×-5.8×

Profitability

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Gross margin9.4%+4.4pp
Operating margin-86%-1,407pp
Net margin-101.1%+60.1pp
FCF margin-43%

Returns & leverage

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Return on equity-1,208.8%-1,564pp
Debt / equity0.3×-56.1×
Current ratio0.2×0.0×

Where this comes from

Reported directly by NXXT in its filing.

Tagged under the XBRL concept NXXT:ImpairmentOfOngoingProjectIncludingIntangibleAssets.

The official record: NXXT’s 10-K/A, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NXXT's impairment of ongoing project including intangible assets?
NXXT (NXXT) reported impairment of ongoing project including intangible assets of $2.13M in Q4 2025.
What does impairment of ongoing project including intangible assets mean?
This metric captures non-cash charges recognized when the carrying value of an ongoing project or intangible asset exceeds its recoverable amount. It signals that the expected future economic benefits of these specific investments have diminished, often due to changes in market conditions or project viability. Investors monitor this to assess the quality of capital allocation and the potential for future write-downs.