Company research
Nixxy, Inc.
CIK 1462223Updated Sep 24, 2026
SecurityNIXX · NASDAQ · equity
Name history
Recruiter.com Group, Inc. · through Oct 1, 2024TRULI TECHNOLOGIES, INC. · through May 2, 2019Truli Media Group, Inc. · through Jun 11, 2018SA Recovery Corp. · through Jun 20, 2012
NIXX price & chart
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NASDAQ:NIXX on TradingView ↗About the company
Nixxy, Inc. (NASDAQ:NIXX) is committed to transforming traditional markets through cutting-edge technology and data-driven insights. By acquiring cornerstone businesses in established industries and evolving their operations with innovation, Nixxy unlocks new potential and creates opportunities for transformative growth. The company focuses on sectors poised for digital innovation, leveraging data and technology to disrupt conventional business models and drive progress.
In the news
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Recent filings
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 3.01, 5.02, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
SCHEDULE 13G filing
10-Q filing
Termination of a Material Definitive Agreement · Regulation FD Disclosure
Items 1.02, 7.01, 9.01
Show 5 more recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Other Events
Items 5.02, 8.01, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
25-NSE - filed by Nasdaq Stock Market LLC regarding Nixxy, Inc.
Entry into a Material Definitive Agreement
Items 1.01, 9.01
4 filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 13,181,000Source | 6,957,288Source | 10,487,169Source | 14,133,284Source |
| Property, Plant and Equipment, NetUSD | 0Source | 8,700Source | 36,311Source | 61,340Source |
| GoodwillUSD | 0Source | 2,405,341Source | 7,101,084Source | 7,101,084Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 11,217,000Source | 1,376,485Source | 1,301,337Source | 2,578,692Source |
| Current assets: | ||||
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,331,000Source | 32,205Source | 405,786Source | 3,189,816Source |
| Assets, CurrentUSD | 1,964,000Source | 3,166,762Source | 2,048,437Source | 4,392,168Source |
| Prepaid Expense and Other Assets, CurrentUSD | 108,000Source | 459,292Source | 252,099Source | 255,548Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 5,205,000Source | 4,376,970Source | 9,557,161Source | 9,054,967Source |
| Commitments and ContingenciesUSD | — | — | — | 0Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | 0Source | 0Source | — |
| Common Stock, Value, IssuedUSD | 3,000Source | 1,509Source | 143Source | 1,629Source |
| Additional Paid in CapitalUSD | 121,771,000Source | 101,591,471Source | 77,348,939Source | 74,332,161Source |
| Retained Earnings (Accumulated Deficit)USD | -113,798,000Source | -99,012,711Source | -76,419,083Source | -69,255,541Source |
| Stockholders' Equity Attributable to ParentUSD | 7,976,000Source | 2,580,318Source | 930,008Source | 5,078,317Source |
| Liabilities and EquityUSD | 13,181,000Source | 6,957,288Source | 10,487,169Source | 14,133,284Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 5,205,000Source | 4,376,970Source | 9,557,161Source | 7,794,624Source |
| Accounts Payable, CurrentUSD | 2,506,000Source | 1,141,978Source | 1,696,022Source | 1,569,814Source |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | — | — | 150,000Source | — |
| Accrued Liabilities, CurrentUSD | 930,000Source | 771,399Source | 770,625Source | 911,386Source |
| Deferred Revenue, CurrentUSD | — | — | 149,848Source | — |
| Deferred Tax Liabilities, NetUSD | — | 0Source | 0Source | 0Source |
| Long-term DebtUSD | 0Source | — | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -14,983,000Source | -22,593,628Source | -6,659,899Source | 16,474,688Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | 3,650,206Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 4,648,000Source | 5,614,919Source | 1,338,760Source | 3,053,180Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 1,330,000Source | -457,958Source | 1,967,824Source | 1,492,093Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -4,567,000Source | -4,097,515Source | -947,299Source | -6,948,288Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | 0Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -400,000Source | 1,763,430Source | 0Source | -350,097Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | 0Source | 74,606Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | — | — | 80,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 2,616,000Source | 3,858,667Source | 1,008,903Source | 5,661,127Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 182,000Source | 2,532,990Source | 1,008,408Source | 946,804Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 0Source | 150,461Source | 323,141Source | 256,648Source |
| Income Taxes Paid, NetUSD | 0Source | 0Source | 0Source | 0Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 37,000Source | — | — | 4,106,040Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 0Source | 177,072Source | — | — |
| Amortization of Intangible AssetsUSD | 1,943,000Source | 1,027,384Source | 1,277,355Source | 3,650,206Source |
| AssetAcquisitionContingentConsiderationLiabilityUSD | — | 142,275Source | 382,144Source | 0Source |
| Deconsolidation, Gain (Loss), AmountUSD | 337,000Source | — | — | — |
| DepreciationUSD | 8,000Source | 27,611Source | 25,029Source | — |
| Derivative, Gain (Loss) on Derivative, NetUSD | -53,000Source | — | — | — |
| Financing Interest ExpenseUSD | — | 0Source | — | — |
| Gain (Loss) on Disposition of Intangible AssetsUSD | — | — | — | 250,000Source |
| Gain (Loss) on InvestmentsUSD | 546,000Source | — | — | — |
| Gain (Loss) on Disposition of BusinessUSD | — | — | 551,127Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 0Source | 1,763,430Source | 0Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | -8,521,149Source | 0Source | 1,205,195Source |
| Gain (Loss) on Disposition of Assets for Financial Service OperationsUSD | 0Source | 1,763,430Source | — | — |
| General and Administrative ExpenseUSD | 7,250,000Source | 8,912,411Source | 6,121,508Source | 15,324,941Source |
| GoodwillUSD | 0Source | 2,405,341Source | 7,101,084Source | 7,101,084Source |
| Goodwill and Intangible Asset ImpairmentUSD | 1,748,000Source | — | — | — |
| Goodwill, Impairment LossUSD | 1,747,000Source | 4,695,743Source | 0Source | 582,114Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | -22,593,628Source | -7,734,290Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -13,099,000Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 0Source | 1,074,391Source | — |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| InterestExpenseNonoperatingUSD | 123,000Source | — | — | — |
| Marketable Securities, Unrealized Gain (Loss)USD | -136,000Source | 410,252Source | 170,383Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -14,983,000Source | -22,593,628Source | -6,659,899Source | -16,474,688Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 1,884,000Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -14,983,000Source | — | — | — |
| Nonoperating Income (Expense)USD | -1,344,000Source | -7,639,321Source | — | — |
| Operating ExpensesUSD | 109,661,000Source | 15,566,353Source | 8,203,119Source | 25,480,048Source |
| Other Nonoperating Income (Expense)USD | — | 5,912Source | 2,017Source | 257,776Source |
| Proceeds from Issuance of Common StockUSD | 1,841,000Source | 4,330,975Source | — | 0Source |
| Realized Investment Gains (Losses)USD | 0Source | 0Source | 0Source | 0Source |
| Unrealized Gain (Loss) on DerivativesUSD | — | — | — | 0Source |
| Unrealized Gain (Loss) on InvestmentsUSD | 546,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 97,906,000Source | 612,046Source | 3,188,019Source | 25,372,274Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -11,755,000Source | -14,954,307Source | -7,736,307Source | -16,732,464Source |
| Other Nonoperating Income (Expense)USD | — | 5,912Source | 2,017Source | 257,776Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -13,099,000Source | -22,593,628Source | -7,734,290Source | -16,474,688Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 1,884,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -14,983,000Source | -22,593,628Source | -6,659,899Source | -16,474,688Source |
| Earnings Per Share, BasicUSD per share | -0.73Source | — | — | — |
| Earnings Per Share, DilutedUSD per share | -0.73Source | -3.82Source | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 20,423,471Source | — | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 20,423,471Source | 5,910,003Source | — | — |
| Interest Expense (non-operating)USD | 123,000Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 1,943,000Source | 1,027,384Source | 1,277,355Source | 3,650,206Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 2,422,000Source | 1,054,996Source | 1,302,384Source | 3,663,953Source |
| Financing Interest ExpenseUSD | — | 0Source | — | — |
| Gain (Loss) on InvestmentsUSD | 546,000Source | — | — | — |
| General and Administrative ExpenseUSD | 7,250,000Source | 8,912,411Source | 6,121,508Source | 15,324,941Source |
| Goodwill, Impairment LossUSD | 1,747,000Source | 4,695,743Source | 0Source | 582,114Source |
| Gross ProfitUSD | — | — | 466,812Source | 8,747,584Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | -22,593,628Source | -7,734,290Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -13,099,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -0.64Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -0.64Source | -3.82Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 0Source | 1,074,391Source | — |
| Interest ExpenseUSD | — | 0Source | 21,441Source | 965,323Source |
| Marketing and Advertising ExpenseUSD | 700,000Source | 851,923Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -14,983,000Source | — | — | — |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | -14,983,000Source | — | -7,163,541Source | — |
| Nonoperating Income (Expense)USD | -1,344,000Source | -7,639,321Source | — | — |
| Operating ExpensesUSD | 109,661,000Source | 15,566,353Source | 8,203,119Source | 25,480,048Source |
| Other Cost and Expense, OperatingUSD | 97,870,000Source | — | — | — |
| Other IncomeUSD | — | — | — | 1,886,212Source |
| Realized Investment Gains (Losses)USD | 0Source | 0Source | 0Source | 0Source |
| Research and Development ExpenseUSD | 246,000Source | 51,450Source | 416,897Source | 1,358,675Source |
| Selling and Marketing ExpenseUSD | 604,000Source | 851,923Source | 387,359Source | 725,687Source |
Filing attachments
nixx_ex991.htm · 8-K · 2025-02-26
EX-99.1 4 nixx_ex991.htm PRESS RELEASE nixx_ex991.htm EXHIBIT 99.1 Nixxy’s Auralink AI Announces Up to $120 Million AI-Enabled Reciprocal Telecommunications Services Agreement with a Global Technology Provider NEW YORK, NY / ACCESS Newswire / February 24, 2025 / Nixxy, Inc. (NASDAQ:NIXX), the "Company" or "Nixxy", announces that its wholly owned subsidiary, Auralink AI, Inc. entered into a twelve-month contract with Mexedia SpA (website: Mexedia.com), an Italian based technology and commu…
Read attachment ↗nixx_ex992.htm · 8-K · 2025-02-26
EX-99.2 5 nixx_ex992.htm PRESS RELEASE nixx_ex992.htm EXHIBIT 99.2 NIXXY Outlines Strategic Growth Initiatives and Market Expansion Plans Company Targets Market Expansion and Strategic Acquisitions with the Potential to Reach $1 Billion Enterprise Value NEW YORK, NY / ACCESS Newswire / February 25, 2025 / Nixxy, Inc. (NASDAQ:NIXX) is advancing its AI-driven technology strategy to capture high-growth opportunities in telecommunications, SMS, and data services. By focusing on overlooked ni…
Read attachment ↗nixx_ex992.htm · 8-K · 2025-02-21
EX-99.2 5 nixx_ex992.htm EX-99.2 nixx_ex992.htm EXHIBIT 99.2 Nixxy’s Auralink AI Enters Multi-Billion Dollar Telecom and Data Sectors Enters a Fast-Growing Business Sector with a Primary $15 Billion TAM and 19% CAGRs Expects its Disruptive Digital Telecom Software and Services Business Revenue to Accelerate in 2025 and Beyond Company Initially Targets $5 Million Monthly Revenue Run Rate for Q2 and $10 Million Monthly Revenue Run Rate in Q3 NEW YORK, NY - February 21, 2025 - Nixxy (…
Read attachment ↗nixx_ex991.htm · 8-K · 2025-01-22
EX-99.1 2 nixx_ex991.htm PRESS RELEASE nixx_ex991.htm EXHIBIT 99.1 Nixxy Commences Private Offering of up to $50 million of Bitcoin Secured Convertible Notes NEW YORK, NY - January 21, 2025 - Nixxy, Inc, (Nasdaq: NIXX), or “Nixxy” or the “Company,” today announced it has commenced a private offering (the “Offering”), subject to market and other conditions, of up to $50 million aggregate principal amount of its zero-coupon convertible notes to certain accredited investors, with a maturity …
Read attachment ↗nixx_ex991.htm · 8-K · 2025-01-06
EX-99.1 3 nixx_ex991.htm PRESS RELEASE nixx_ex991.htm EXHIBIT 99.1 Nixxy Appoints Capital Markets Veteran Debra Chen Volpone to CEO and Board Member NEW YORK, NY / ACCESSWIRE / January 3, 2025 / Nixxy, Inc, (Nasdaq:NIXX), or "the Company," today announced the appointment of Debra Chen Volpone as Chief Executive Officer and a member of the Board, effective immediately. This marks a pivotal step in the Company's growth strategy where she will lead the company forward through the acquisition…
Read attachment ↗