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NXXT NXXT Provision for Credit Losses

Provision for Credit Losses at other companies

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$320.36K+1,502%
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$51K-17.7%
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-$799K-159%
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EVgo, Inc.EVGO
$989K+66.8%
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$0-100%
OPA
OPAL Fuels Inc.OPAL
$337K

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 us-gaap:ProvisionForDoubtfulAccounts.

The official record: NXXT’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NXXT's provision for credit losses?
NXXT (NXXT) reported provision for credit losses of $1.94K in Q1 2026.
How has NXXT's provision for credit losses changed year-over-year?
NXXT's provision for credit losses decreased by 82.6% year-over-year, from $11.16K to $1.94K.
What is the long-term trend for NXXT's provision for credit losses?
Over 2 years (2022 to 2024), NXXT's provision for credit losses has grown at a 84.2% compound annual growth rate (CAGR), from $17.49K to $59.33K.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.