NextNRG Q1 Revenue Up, Cash Warning Still in Place
NextNRG, Inc. said Friday it grew revenue in the first quarter, but a same-day filing flagged ongoing cash burn and flagged doubts about the Miami Beach energy tech company’s ability to keep going if it doesn’t raise more capital. NextNRG’s result lands while the company courts investors for a larger platform. The company is aiming to put mobile fuel delivery, AI software, microgrids and wireless EV charging together. A microgrid is a small, local power network that runs independently or links to the main grid.