NIXX on Nasdaq
Nixxy, Inc.
American computer programming services company based in Bristol. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerNIXX on Nasdaq2
- IndustryServices-Computer Programming Services2
- HeadquartersNew York, NY, United States2
- Incorporated inNV3
- Business address1178 Broadway, 3Rd Floor, New York, Ny 100013
- Filer category, Emerging growth company3
- Legal formCorporation2
- LEI5493007WH4V9MK8Y7L082
- StatusActive2
- LEI statusIssued and current2
- Registered address1178 Broadway, 3rd Floor, 10001 New York, NY, United States2
- Registered withBusiness Center (Secretary of State), E5617922020-92
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Company’s infrastructure assets, software platforms, and strategic partnerships, including development collaboration with PayToMe.co.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development0¢$246.0K
- Other costs100¢$97.7M
Out of $97.9M in revenue.5 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | $97.9M | $6.0K |
| Cost of revenue (exclusive of amortization shown separately below) | $97.9M | $3.0K |
| Sales and marketing | $604.0K | $671.0K |
| Product development | $246.0K | $41.0K |
| Amortization of intangibles | $1.9M | $569.0K |
| Goodwill and intangible assets impairment | $1.7M | $4.7M |
| General and administrative | $7.2M | $7.0M |
| Total operating expenses | $109.7M | $13.0M |
| LOSS FROM CONTINUING OPERATIONS | -$11.8M | -$13.0M |
| Interest expense | -$123.0K | -$654.0K |
| Gain on assets sale | $0 | $1.8M |
| Loss on adjustment of fair value of marketable securities | -$136.0K | -$240.0K |
| Loss on debt extinguishment | $0 | -$8.5M |
| Other income (expense) | $69.0K | $6.0K |
| Change in fair value of contingent consideration | -$1.2M | $0 |
| Total other (expenses) income | -$1.3M | -$7.6M |
| Loss from continuing operations before income taxes | -$13.1M | -$20.7M |
| Provision for income taxes | $0 | $0 |
| NET LOSS FROM CONTINUING OPERATIONS | -$13.1M | -$20.7M |
| Net loss from discontinued operations | -$1.9M | -$1.9M |
| Net loss | -$15.0M | -$22.6M |
| NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS | -$15.0M | -$22.6M |
| NET LOSS FROM CONTINUING OPERATIONS PER COMMON SHARE - BASIC | -$1 | -$3 |
| NET LOSS FROM CONTINUING OPERATIONS PER COMMON SHARE - DILUTED | -$1 | -$3 |
| NET LOSS FROM DISCONTINUED OPERATIONS PER COMMON SHARE - BASIC | -$0 | -$0 |
| NET LOSS FROM DISCONTINUED OPERATIONS PER COMMON SHARE - DILUTED | -$0 | -$0 |
| NET LOSS PER COMMON SHARE - BASIC | -$0.73 | -$3.82 |
| NET LOSS PER COMMON SHARE - DILUTED | -$0.73 | -$3.82 |
| WEIGHTED AVERAGE COMMON SHARES - BASIC | 20.4M shares | 5.9M shares |
| WEIGHTED AVERAGE COMMON SHARES - DILUTED | 20.4M shares | 5.9M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2024-09-30 | 2023-12-31 | 2020-05-31 |
|---|---|---|---|---|---|
| Cash | $182.0K | $2.5M | $1.0M | ||
| Accounts receivable, net of allowance for credit losses of $835 and $864, respectively | $1.3M | $8.0K | |||
| Prepaid expenses and other current assets | $108.0K | $459.0K | |||
| Investment in Marketable Securities | $343.0K | $142.0K | $382.0K | ||
| Current assets of discontinued operations | $0 | $24.0K | |||
| Total current assets | $2.0M | $3.2M | |||
| Property and equipment, accumulated depreciation of $61 and $54, respectively | $0 | $7.0K | |||
| Intangible assets, net | $11.2M | $801.0K | |||
| Goodwill | $0 | $1.7M | $6.4M | ||
| Non-current assets of discontinued operations | $0 | $1.2M | |||
| Total assets | $13.2M | $7.0M | |||
| Accounts payable | $2.5M | $1.1M | |||
| Accrued expenses | $930.0K | $767.0K | |||
| Accrued compensation | $125.0K | $123.0K | |||
| Accrued interest | $11.0K | $254.0K | |||
| Contingent consideration | $500.0K | $0 | |||
| Other liabilities | $17.0K | $17.0K | |||
| Loans payable - current portion, net of discount | $56.0K | $1.2M | |||
| Line of credit payable | $775.0K | $0 | |||
| Refundable deposit on preferred stock purchase | $285.0K | $285.0K | |||
| Contract liabilities | $0 | $49.0K | |||
| Current liabilities of discontinued operations | $0 | $608.0K | |||
| Total current liabilities | $5.2M | $4.4M | |||
| Total liabilities | $5.2M | $4.4M | |||
| Common stock, $0.0001 par value; 200,000,000 shares authorized; 25,946,889 and 15,086,476 shares issued and outstanding as of December 31, 2025, and December 31, 2024, respectively | $3.0K | $2.0K | |||
| Common Stock to be issued, 402,737 and 506,625 shares as of December 31, 2025 and 2024, respectively | $0 | $0 | |||
| Additional paid-in capital | $121.8M | $101.6M | |||
| Accumulated deficit | -$113.8M | -$99.0M | |||
| Total stockholders' equity | $8.0M | $2.6M | |||
| Total liabilities and stockholders' equity | $13.2M | $7.0M | |||
| Allowance for doubtful accounts | $835.0K | $864.0K | |||
| Accumulated depreciation | $61.0K | $54.0K | |||
| Common stock, par value | $0.00 | $0.00 | |||
| Common stock, shares authorized | 200.0M shares | 200.0M shares | 250.0M shares | ||
| Common stock, shares issued | 25.9M shares | 15.1M shares | 720.0K shares | ||
| Common stock, shares outstanding | 25.9M shares | 15.1M shares | |||
| Shares to be issued | 402.7K shares | 506.6K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2024-09-30 | 2023-12-31 | 2020-05-31 |
|---|---|---|---|---|---|
| Cash | $182.0K | $2.5M | $1.0M | ||
| Accounts receivable, net of allowance for credit losses of $835 and $864, respectively | $1.3M | $8.0K | |||
| Prepaid expenses and other current assets | $108.0K | $459.0K | |||
| Investment in Marketable Securities | $343.0K | $142.0K | $382.0K | ||
| Current assets of discontinued operations | $0 | $24.0K | |||
| Total current assets | $2.0M | $3.2M | |||
| Property and equipment, accumulated depreciation of $61 and $54, respectively | $0 | $7.0K | |||
| Intangible assets, net | $11.2M | $801.0K | |||
| Goodwill | $0 | $1.7M | $6.4M | ||
| Non-current assets of discontinued operations | $0 | $1.2M | |||
| Total assets | $13.2M | $7.0M | |||
| Accounts payable | $2.5M | $1.1M | |||
| Accrued expenses | $930.0K | $767.0K | |||
| Accrued compensation | $125.0K | $123.0K | |||
| Accrued interest | $11.0K | $254.0K | |||
| Contingent consideration | $500.0K | $0 | |||
| Other liabilities | $17.0K | $17.0K | |||
| Loans payable - current portion, net of discount | $56.0K | $1.2M | |||
| Line of credit payable | $775.0K | $0 | |||
| Refundable deposit on preferred stock purchase | $285.0K | $285.0K | |||
| Contract liabilities | $0 | $49.0K | |||
| Current liabilities of discontinued operations | $0 | $608.0K | |||
| Total current liabilities | $5.2M | $4.4M | |||
| Total liabilities | $5.2M | $4.4M | |||
| Common stock, $0.0001 par value; 200,000,000 shares authorized; 25,946,889 and 15,086,476 shares issued and outstanding as of December 31, 2025, and December 31, 2024, respectively | $3.0K | $2.0K | |||
| Common Stock to be issued, 402,737 and 506,625 shares as of December 31, 2025 and 2024, respectively | $0 | $0 | |||
| Additional paid-in capital | $121.8M | $101.6M | |||
| Accumulated deficit | -$113.8M | -$99.0M | |||
| Total stockholders' equity | $8.0M | $2.6M | |||
| Total liabilities and stockholders' equity | $13.2M | $7.0M | |||
| Allowance for doubtful accounts | $835.0K | $864.0K | |||
| Accumulated depreciation | $61.0K | $54.0K | |||
| Common stock, par value | $0.00 | $0.00 | |||
| Common stock, shares authorized | 200.0M shares | 200.0M shares | 250.0M shares | ||
| Common stock, shares issued | 25.9M shares | 15.1M shares | 720.0K shares | ||
| Common stock, shares outstanding | 25.9M shares | 15.1M shares | |||
| Shares to be issued | 402.7K shares | 506.6K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$15.0M | -$22.6M |
| Depreciation and amortization expense | $2.4M | $1.1M |
| Equity based compensation expense - stock | $4.6M | $5.5M |
| Equity based compensation expense - options | $37.0K | $112.0K |
| Accounts receivable collected on assets held for distribution | $7.0K | $0 |
| Allowance for (recovery of) credit losses | $7.0K | -$84.0K |
| Impairment expense | $1.7M | $4.7M |
| Loss on shares issued in settlement of consulting agreement | $0 | $153.0K |
| Loss on debt settlement | $0 | $8.5M |
| Gain on deconsolidation | -$337.0K | $0 |
| Change in fair value of derivative liability | $53.0K | $0 |
| Change in fair value of warrant liability | $2.0K | -$13.0K |
| Loss on adjustment of fair value of marketable securities | $136.0K | $240.0K |
| Gain on assets sale | $0 | -$1.8M |
| Amortization of debt discount and debt costs | $0 | $177.0K |
| Change in fair value of contingent consideration | $1.2M | $0 |
| (Increase) decrease in accounts receivable | -$1.3M | $458.0K |
| Decrease (increase) in prepaid expenses and other current assets | $416.0K | -$207.0K |
| Increase (decrease) in accounts payable and accrued liabilities | $1.5M | -$321.0K |
| Decrease in deferred revenue | -$49.0K | -$54.0K |
| Net cash used in operating activities | -$4.6M | -$4.1M |
| Purchase of intangible assets | -$400.0K | $0 |
| Proceeds from sale of assets | $0 | $1.8M |
| Net cash (used in) provided by investing activities | -$400.0K | $1.8M |
| Issuance of common stock, net of fees | $0 | $4.3M |
| Repayments of notes | $0 | -$1.1M |
| Gross proceeds from exercise of the warrants | $0 | $599.0K |
| Proceeds from sale of common stock in offering | $1.8M | $0 |
| Proceeds from line of credit payable | $775.0K | $0 |
| Net cash provided by financing activities | $2.6M | $3.9M |
| Net (decrease) increase in cash | -$2.4M | $1.5M |
| Cash paid during the year for interest | $0 | $150.0K |
| Cash paid during the year for income taxes | $0 | $0 |
| Issuance of common stock issued upon purchase of intangible assets | $11.5M | $647.0K |
| Warrants issued in connection with purchase of intangible assets | $0 | $480.0K |
| Issuance of common stock issued upon conversion of note payable | $0 | $274.0K |
| Issuance of common stock from conversion of warrants | $0 | $592.0K |
| Issuance of common stock for debt settlements | $0 | $2.7M |
| Stock to be issued for fixed consideration | $500.0K | $0 |
| Issuance of common stock upon debt conversion | $1.5M | $0 |
| D&O Insurance Policy | $65.0K | $0 |
| Distribution associated with Spin-off | $103.0K | $0 |
No quarter-by-quarter statement was filed.
Leadership
Who has led Nixxy, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
President
Chief financial officer
Chief operating officer
- Chief executive officerVolpone Yu-San Debra Chen Jan 17, 2025 to now14
- Chief executive officerEvan Sohn Nov 18, 2021 to Feb 6, 202315
- Chief executive officerMiles L. Jennings Nov 8, 2017 to Nov 18, 202116
- Chief executive officerElliott M. Maza Oct 3, 2016 to Oct 3, 201617
- ChairEvan Sohn Apr 10, 2019 to Feb 6, 202318
- PresidentMiles L. Jennings May 18, 2022 to Sep 1, 202219
- Chief financial officerXuqiang Adam Yang Feb 14, 2025 to now20
- Chief financial officerJudy Krandel Jul 2, 2020 to Jun 12, 202321
- Chief financial officerRobert Scherne Jun 3, 2019 to Dec 26, 201922
- Chief financial officerElliott M. Maza Oct 3, 2016 to Oct 3, 201617
- Chief operating officerMiles L. Jennings Apr 14, 2022 to Sep 1, 202223
Board members and other officers (21)
- Chief Technology OfficerXuan Smith Apr 8, 2022 to Sep 1, 202224
- SVP, AI SolutionsJosh McBride Apr 11, 2022 to Sep 1, 202225
- Chief Technology OfficerAshley Saddul Apr 10, 2019 to Dec 27, 201926
- OfficerRicky Don Roberts Apr 10, 2019 to Apr 10, 201927
- Sole Officer and DirectorJames A. Ditanna Jan 14, 2011 to Jan 14, 201128
- Sole Officer and DirectorJohn Heskett Jan 14, 2011 to Jan 14, 201129
- Board memberSimon Paul Colm Kearney Jul 13, 2026 to now30
- Board memberDavid Matthew Kratochvil Jan 16, 2025 to now31
- Board memberElsa Sung Jan 16, 2025 to now32
- Board memberVolpone Yu-San Debra Chen Jan 17, 2025 to now14
- Board memberEvan Sohn Apr 29, 2025 to now33
- Board memberDeborah Leff Sep 1, 2022 to Sep 1, 202234
- Board memberRobert H. Heath Sep 1, 2022 to Sep 1, 202235
- Board memberStephen Pemberton Oct 13, 2022 to Oct 13, 202236
- Board memberTim O'Rourke Apr 10, 2019 to Sep 1, 202237
- Board memberWallace D. Ruiz Jun 4, 2018 to Sep 1, 202238
- Board memberMiles L. Jennings Nov 8, 2017 to now16
- Board memberMartin Pompadur Feb 6, 2013 to Feb 6, 201339
- Board memberVarun Soni Apr 23, 2013 to Apr 23, 201340
- Board memberJames A. Ditanna Jan 14, 2011 to Jun 19, 201228
- Board memberJohn Heskett Jan 14, 2011 to Jan 14, 201129
Named in SEC Form D filings
People the company listed in its private-offering notices.
Former names
Timeline
Filings
259 filings to the SEC since October 2021: 7 annual reports, 16 quarterly reports, 95 major events, 52 insider forms, 12 large holders, 2 private raises, 75 other. The latest 20:
- Sep 4, 20268-K EDGAR
- Sep 1, 20268-K EDGAR
- Aug 25, 2026SCHEDULE 13G EDGAR
- Aug 12, 202610-Q FORM 10-Q FOR JUN 2026 EDGAR
- Jul 31, 20268-K CURRENT REPORT EDGAR
- Jul 13, 20263 EDGAR
- Jul 9, 20268-K CURRENT REPORT EDGAR
- Jul 2, 20268-K CURRENT REPORT EDGAR
- Jul 1, 202625-NSE EDGAR
- Jun 15, 20268-K EDGAR
- Jun 12, 20264 EDGAR
- Jun 10, 20268-K EDGAR
- Jun 8, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
- Jun 2, 2026EFFECT EDGAR
- May 29, 2026CORRESP EDGAR
- May 29, 2026UPLOAD EDGAR
- May 28, 2026S-3 REGISTRATION STATEMENT EDGAR
- May 13, 202610-Q FORM 10-Q FOR MAR 2026 EDGAR
- May 12, 2026EFFECT EDGAR
- May 8, 2026CORRESP EDGAR
The 259 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
25 open-market trades by officers, directors and large owners since October 2021: 25 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 9, 2026 | Schmidt MikeChief Executive Officer | Buy | 10,000 | $0.86 | $8.6K | Form 4 |
| Jun 14, 2022 | Roth DouglasDirector | Buy | 4,762 | $0.97 | $4.6K | Form 4 |
| Jun 13, 2022 | Roth DouglasDirector | Buy | 413 | $0.92 | $380 | Form 4 |
| Jun 13, 2022 | Sohn EvanDirector | Buy | 3,000 | $0.90 | $2.7K | Form 4 |
| Jun 13, 2022 | Jennings Miles LChief Executive Officer | Buy | 3,000 | $0.91 | $2.7K | Form 4 |
| Jun 9, 2022 | Sohn EvanDirector | Buy | 600 | $1.00 | $600 | Form 4 |
| Jun 8, 2022 | Sohn EvanDirector | Buy | 1,000 | $0.96 | $960 | Form 4 |
| Jun 8, 2022 | Jennings Miles LChief Executive Officer | Buy | 5,000 | $0.96 | $4.8K | Form 4 |
| Jun 7, 2022 | Sohn EvanDirector | Buy | 1,950 | $0.98 | $1.9K | Form 4 |
| Jun 7, 2022 | Jennings Miles LChief Executive Officer | Buy | 7,000 | $0.99 | $6.9K | Form 4 |
| Jun 2, 2022 | McBride JoshSVP, AI Solutions | Buy | 1,000 | $1.12 | $1.1K | Form 4 |
| Jun 2, 2022 | Smith XuanChief Technology Officer | Buy | 1,270 | $1.18 | $1.5K | Form 4 |
| May 23, 2022 | Sohn EvanDirector | Buy | 2,000 | $1.18 | $2.4K | Form 4 |
| May 20, 2022 | RUIZ WALLACE DDirector | Buy | 4,000 | $4.99 | $20.0K | Form 4 |
| May 20, 2022 | RUIZ WALLACE DDirector | Buy | 3,500 | $1.19 | $4.2K | Form 4 |
| May 20, 2022 | Sohn EvanDirector | Buy | 3,100 | $1.17 | $3.6K | Form 4 |
| May 19, 2022 | Krandel JudyChief Financial Officer | Buy | 30,000 | $1.16 | $34.8K | Form 4 |
| May 18, 2022 | Sohn EvanDirector | Buy | 18,069 | $1.13 | $20.4K | Form 4 |
| May 18, 2022 | Jennings Miles LChief Executive Officer | Buy | 10,000 | $1.17 | $11.7K | Form 4 |
| Apr 5, 2022 | Sohn EvanDirector | Buy | 5,000 | $2.00 | $10.0K | Form 4 |
All 25 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- NexGenAI Holding Group, Inc.SCHEDULE 13G, 2 filings Apr 9, 2026 to Aug 25, 202642
- Walleye Capital LLCSC 13G/A, 2 filings Feb 14, 2024 to Nov 13, 202443
- Cavalry Fund I LPSC 13G/A, 3 filings Feb 4, 2022 to Feb 13, 202444
- Michael WoloshinSC 13G, 1 filing Jun 29, 202345
- MANCHESTER MANAGEMENT CO LLCSC 13G/A, 2 filings Mar 8, 2022 to Feb 10, 202346
- L1 Capital Global Opportunities Master Fund, Ltd.SC 13G/A, 2 filings Nov 18, 2021 to Feb 14, 202247
Money raised
Private offerings the company reported to the SEC on Form D.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARNixxy, Inc. filings on SEC EDGAR
- 2
- 3SEC EDGARNixxy, Inc. filings on SEC EDGAR
- 4
- 5SEC EDGARNixxy, Inc. 10-K for fiscal 2025
- 6SEC EDGARNixxy, Inc. 10-K for fiscal 2019
- 7SEC EDGARNixxy, Inc. 10-K for fiscal 2020
- 8SEC EDGARNixxy, Inc. 10-K for fiscal 2021
- 9SEC EDGARNixxy, Inc. 10-K for fiscal 2022
- 10SEC EDGARNixxy, Inc. 10-K for fiscal 2023
- 11SEC EDGARNixxy, Inc. 10-Q for fiscal 2026
- 12SEC EDGARNixxy, Inc. 10-Q for fiscal 2026
- 13SEC EDGARNixxy, Inc. 10-K for fiscal 2019
- 14
- 15SEC EDGAREvan Sohn, Chief executive officer
- 16
- 17
- 18SEC EDGAREvan Sohn, Chair
- 19SEC EDGARMiles L. Jennings, President
- 20
- 21
- 22
- 23
- 24SEC EDGARXuan Smith, Chief Technology Officer
- 25SEC EDGARJosh McBride, SVP, AI Solutions
- 26
- 27SEC EDGARRicky Don Roberts, Officer
- 28
- 29
- 30
- 31
- 32SEC EDGARElsa Sung, Board member
- 33SEC EDGAREvan Sohn, Board member
- 34SEC EDGARDeborah Leff, Board member
- 35SEC EDGARRobert H. Heath, Board member
- 36SEC EDGARStephen Pemberton, Board member
- 37SEC EDGARTim O'Rourke, Board member
- 38SEC EDGARWallace D. Ruiz, Board member
- 39SEC EDGARMartin Pompadur, Board member
- 40SEC EDGARVarun Soni, Board member
- 41
- 42
- 43
- 44
- 45
- 46
- 47