← Nixxy, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — ($16.5m) ($6.7m) ($22.6m) ($15.0m)
Net Income (Loss) Attributable to Parent ($306k) ($443k) ($472k) ($11.8m) ($17.0m) ($16.3m) ($16.5m) ($6.7m) ($22.6m) ($15.0m)
Net Income (Loss) Available to Common Stockholders, Basic — — ($36.5m) ($12.0m) ($17.0m) — ($16.5m) ($6.7m) ($22.6m) ($15.0m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — ($11.8m) ($17.0m) $16.3m $16.5m ($6.7m) ($22.6m) ($15.0m)
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 —
Net Income (Loss) Attributable to Noncontrolling Interest — — — ($31k) — — — — — $1.9m
Depreciation, Depletion and Amortization — — — — — $2.7m $3.7m $1.3m $1.1m $2.4m
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
Depreciation, Nonproduction — — — $478k $688k $2.7m — — — —
Depreciation Expense — — — $478k $688k $2.7m $3.7m $1.3m $1.1m $2.4m
Depreciation Amortization Depletion — — — — — — $3.7m $1.3m $1.1m $2.4m
Share-based Payment Arrangement, Noncash Expense — $361 $29k $3.9m $3.1m — $3.1m $1.3m $5.6m $4.6m
Share-based Payment Arrangement, Expense — — — $4.6m $3.2m $5.4m $4.1m — — $37k
Goodwill and Intangible Asset Impairment — — — — — — — — — $1.7m
Goodwill, Impairment Loss — — — $3.0m — $2.5m $582k $0 $4.7m $1.7m
Impairment of Intangible Assets, Finite-lived — — — $113k — — — — — —
Asset Impairment Charges — — — $3.1m — — $4.4m $0 $4.7m $1.7m
Asset Impairment Charge — — — — — — $4.9m ($144k) $4.7m $1.7m
Gain (Loss) on Extinguishment of Debt $116k — $638k — $376k $25k $1.2m $0 ($8.5m) $0
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 Property Plant Equipment — — — — — — — $0 $1.8m $0
Gain (Loss) on Disposition of Assets for Financial Service Operations — — — — — — — — $1.8m $0
Income Tax Expense (Benefit) — — — — — $0 $0 $0 $0 $0
Interest Expense Nonoperating — — — — — — — — — $123k
Other Nonoperating Income (Expense) — — — — — $610k $258k $2k $6k —
Interest Expense — $5k $2k $50k $236k $241k $257k $323k $150k $0
Income Tax Expense — — — — — $0 $0 $0 $0 $0
Changes in operating assets and liabilities:
Noncash investing and financing activities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable — — $43k $63k $95k $4.7m $1.5m $2.0m ($458k) $1.3m
Accounts Receivable, Credit Loss Expense (Reversal) — — — — — $928k $493k ($144k) — —
Purchases of property and equipment, accrued but unpaid — — — — — $0 $75k $0 — —
Asset Acquisition Contingent Consideration Liability — — — — — $579k $0 $382k $142k —
Deconsolidation, Gain (Loss), Amount — — — — — — — — — $337k
Gain (Loss) on Investments — — — — — — — — — $546k
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
Marketable Securities, Unrealized Gain (Loss) — — — ($111k) ($20k) ($1k) $0 $170k $410k ($136k)
Nonoperating Income (Expense) ($11k) ($131k) ($29k) ($1.3m) ($10.3m) $610k — ($96k) ($7.6m) ($1.3m)
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 — — —
Unrealized Gain (Loss) on Investments — — — — — — — — — $546k
Profit or Loss — — ($1.5m) ($11.8m) ($17.0m) ($16.3m) ($16.5m) ($6.7m) ($22.6m) ($15.0m)
Stock-Based Compensation Expense — $361 $29k $4.6m $3.2m $5.4m $4.1m $1.5m $5.6m $4.6m
Equity based compensation expense - options — — — — — — — — $112k $37k
Accounts receivable collected on assets held for distribution — — — — — — — — $0 $7k
Allowance for (recovery of) credit losses — — — — — — — — ($84k) $7k
Loss on shares issued in settlement of consulting agreement — — — — — — — $0 $153k $0
Loss on debt settlement — — — — — — — — $8.5m $0
Gain on deconsolidation — — — — — — — — $0 ($337k)
Change in fair value of derivative liability — — — ($1.1m) $2.7m ($7.3m) $0 — $0 $53k
Loss on adjustment of fair value of marketable securities — — — — — — — $170k $240k $136k
Gain on assets sale — — — — — — ($250k) $0 ($1.8m) $0
Change in fair value of contingent consideration — — — — — — — — $0 $1.2m
Decrease (increase) in prepaid expenses and other current assets — — — — ($69k) ($75k) $253k $96k ($207k) $416k
Change in Accounts Payable — ($52k) $37k $3.3m $627k ($747k) ($164k) $0 ($320k) $1.5m
Change in Deferred Revenue — — $5k $23k ($94k) $526k ($531k) ($65k) ($54k) ($49k)
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
Cash, beginning of year — — $378k $14k $306k $100k $947k $1.0m $2.5m $182k
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
Beginning Cash Position — — — — — — $2.6m $947k $1.0m $2.5m
Cash Flow From Continuing Financing Activities — — — — — — $5.7m $1.0m $3.9m $2.6m
Cash Flow From Continuing Investing Activities — — — — — — ($350k) $0 $1.8m ($400k)
Change In Other Current Assets — — — — — — $0 ($382k) — —
Change In Other Current Liabilities — — — — — $3k $0 — — —
Change In Other Working Capital — — — — — — ($610k) ($65k) ($54k) ($49k)
Change In Payables And Accrued Expense — — — — — — ($759k) ($18k) ($321k) $1.5m
Change In Prepaid Assets — — — — — — $253k $96k ($207k) $416k
Change In Receivables — — — — — — ($1.4m) $2.0m $458k ($1.3m)
Change In Working Capital — — — — — — ($2.6m) $2.0m ($124k) $539k
Changes In Account Receivables — — — — — — ($1.4m) $2.0m $458k ($1.3m)
Changes In Cash — — — — — — ($1.6m) $62k $1.5m ($2.4m)
End Cash Position — — — — — — $947k $1.0m $2.5m $182k
Financing Cash Flow — — — — — — $5.7m $1.0m $3.9m $2.6m
Free Cash Flow — — — — — — ($8.3m) ($947k) ($4.1m) ($5.0m)
Gain Loss On Investment Securities — — — — — — $152k ($96k) ($13k) $55k
Gain Loss On Sale Of Business — — — — — — — — $0 ($337k)
Gain Loss On Sale Of PPE — — — — — $0 ($250k) $0 — —
Investing Cash Flow — — — — — — ($350k) $0 $1.8m ($400k)
Issuance Of Capital Stock — — — — — — $0 $786k $4.3m $1.8m
Net Business Purchase And Sale — — — — — ($2.2m) $0 — — —
Net Intangibles Purchase And Sale — — — — — — $1.1m $0 $0 ($400k)
Net PPE Purchase And Sale — — — — — $0 ($75k) $0 — —
Net Preferred Stock Issuance — — — — — $0 $0 ($80k) $0 —
Operating Gains Losses — — — — — — ($1.3m) ($649k) $6.7m ($282k)
Other Non Cash Items — — — — — — $705k $1.6m $330k $1.2m
Preferred Stock Payments — — — — — — $0 ($80k) $0 —
Proceeds From Stock Option Exercised — — — — — — $0 $315k $599k $0
Provisionand Write Offof Assets — — — — — — — — ($84k) $7k
Purchase Of Business — — — — — ($2.2m) $0 — — —
Purchase Of Intangibles — — — — — $0 — — $0 ($400k)
Purchase Of PPE — — $58k $12k $12k $0 ($75k) $0 — —
Repurchase Of Capital Stock — — — — — — $0 ($80k) $0 —
Sale Of Intangibles — — — — — $0 $1.1m $0 — —
Stock Based Compensation — — — — — — $4.1m $1.5m $5.6m $4.7m
Unrealized Gain Loss On Investment Securities — — — — — — — $170k $240k $136k
Derivative, Gain (Loss) on Derivative, Net ($12k) ($30k) — — $2.7m $0 — — — ($53k)
Net Cash Provided by (Used in) Operating Activities ($339k) ($369k) ($358k) ($1.4m) ($2.5m) ($9.0m) ($6.9m) ($947k) ($4.1m) ($4.6m)
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment — — — — — $0 $75k $0 — ($400k)
Capital Expenditure Reported — — — — — $0 ($1.3m) $0 — —
Payments to Acquire Businesses, Net of Cash Acquired — — $9k — — $2.2m $0 — — —
Gain (Loss) on Sale of Investments — — — $27k — — — — — —
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)
Cash flows from financing activities:
Issuance of common stock for debt settlements — — — — — — — $0 $2.7m $0
Issuance of common stock upon debt conversion — — — — — — — — $0 $1.5m
Issuance Of Debt — — — — — — $11.4m $872k $0 $775k
Long Term Debt Issuance — — — — — $2.4m $4.1m $0 — —
Net Issuance Payments Of Debt — — — — — — $5.7m ($12k) ($1.1m) $775k
Net Long Term Debt Issuance — — — — — $1.7m $2.1m ($668k) — —
Net Short Term Debt Issuance — — — — — — $3.6m ($12k) ($1.1m) $775k
Short Term Debt Issuance — — — — — — $7.3m $872k $0 $775k
Long Term Debt Payments — — — — — ($724k) ($2.0m) ($668k) — —
Repayment Of Debt — — — — — — ($5.7m) ($884k) ($1.1m) $0
Short Term Debt Payments — — — — — — ($3.7m) ($884k) ($1.1m) $0
Proceeds from Issuance of Common Stock — — — — — $13.8m $0 — $4.3m $1.8m
Issuance of common stock, net of fees — — — — — — — — $4.3m $0
Issuance of common stock issued upon purchase of intangible assets — — — — — — — $0 $647k $11.5m
Issuance of common stock issued upon conversion of note payable — — — — — — — $0 $274k $0
Issuance of common stock from conversion of warrants — — — — — — — $0 $592k $0
Common Stock Issuance — — — — — — $0 $786k $4.3m $1.8m
Net Common Stock Issuance — — — — — — $0 $786k $4.3m $1.8m
Payments for Repurchase of Common Stock — — — — — — — $80k — —
Dividends paid — — — $70k — — — — — —
Dividends Payable — — $0 — — — — — — —
Net Cash from Financing Activities — — $2.2m ($105k) ($18k) ($724k) $0 $315k $599k $775k
Net Cash Provided by (Used in) Financing Activities $338k $358k $636k $1.6m $2.4m $13.7m $5.7m $1.0m $3.9m $2.6m
Net (decrease) increase in cash — — ($364k) $292k ($206k) $2.5m ($1.6m) $62k $1.5m ($2.4m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — $2.6m $947k $1.0m $2.5m $182k
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($1.6m) $62k $1.5m ($2.4m)
Interest Paid, Excluding Capitalized Interest, Operating Activities — — $2k $50k $236k $241k $257k $323k $150k $0
Income Taxes Paid, Net — — — — — $0 $0 $0 $0 $0

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.