XML 16 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
REVENUE        
Revenue $ 13,465,176 $ 133,101 $ 14,862,074 $ 355,658
OPERATING EXPENSES        
Cost of revenue (exclusive of amortization shown separately below) 13,351,355 0 14,612,842 3,029
Sales and marketing 11,701 39,773 706,187 92,519
Product development 24,633 5,320 42,617 17,257
Amortization of intangibles 558,436 272,687 830,751 587,097
General and administrative 2,245,831 798,510 6,172,727 1,692,250
Total operating expenses 16,191,956 1,116,290 22,365,124 2,392,152
LOSS FROM CONTINUING OPERATIONS (2,726,780) (983,189) (7,503,050) (2,036,494)
OTHER INCOME (EXPENSES)        
Interest expense (35,959) (152,468) (73,793) (518,321)
Gain on assets sale 0 150,000 0 250,000
Loss on fair value of marketable securities (45,595) (33,315) (43,786) (141,827)
Gain on debt extinguishment 0 0 0 579,977
Other income (expense) 576 176 576 5,346
Change in fair value of warrant liability 632 3,524 (6,953) 67,620
Change in fair value of contingent consideration (1,318,912) 0 (1,154,528) 0
Change in fair value of derivative liability (130,741) 0 (17,408) 0
Total other income (expenses) (1,529,999) (32,083) (1,295,892) 242,795
Loss from continuing operations before income taxes (4,256,779) (1,015,272) (8,798,942) (1,793,699)
Provision for income taxes 0 0 0 0
NET LOSS FROM CONTINUING OPERATIONS (4,256,779) (1,015,272) (8,798,942) (1,793,699)
Net loss attributable to noncontrolling interests 89,350 0 72,755 0
NET LOSS ATTRIBUTABLE TO NIXXY, INC. (4,167,429) (1,015,272) (8,726,187) (1,793,699)
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS $ (4,167,429) $ (1,015,272) $ (8,726,187) $ (1,793,699)
NET LOSS FROM CONTINUING OPERATIONS PER COMMON SHARE - BASIC $ (0.22) $ (0.35) $ (0.51) $ (0.74)
NET LOSS FROM CONTINUING OPERATIONS PER COMMON SHARE - DILUTED (0.22) (0.35) (0.51) (0.74)
NET LOSS PER COMMON SHARE - BASIC (0.22) (0.35) (0.50) (0.74)
NET LOSS PER COMMON SHARE - DILUTED $ (0.22) $ (0.35) $ (0.50) $ (0.74)
WEIGHTED AVERAGE COMMON SHARES - BASIC 19,144,354 2,860,568 17,299,292 2,419,204
WEIGHTED AVERAGE COMMON SHARES - DILUTED 19,144,354 2,860,568 17,299,292 2,419,204