Next Technology Holding Inc. (NXTT) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
RM 519, 05/F, BLOCK T3, QIANHAI PREMIER NANSHAN DISTRICT, SHENZHEN, 518000 |
| State of Incorp. | WY |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 20,025 | 617 | 4,641 | 6,591 | |||
| Cash and cash equivalents | 20,025 | 617 | 4,641 | 6,591 | |||
| Receivables | 6,879 | 13,040 | 30,000 | ||||
| Prepaid expense | 3,161 | 2,761 | 62 | ||||
| Other undisclosed current assets | 4,079 | 19 | (24,022) | ||||
| Total current assets: | 34,144 | 16,436 | 10,680 | 6,591 | |||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 2,329 | 2,813 | |||||
| Property, plant and equipment | 992 | 395 | |||||
| Long-term investments and receivables | 51 | ||||||
| Long-term investments | 51 | ||||||
| Intangible assets, net (including goodwill) | 23 | 38 | 49 | ||||
| Intangible assets, net (excluding goodwill) | 23 | 38 | 49 | ||||
| Prepaid expense | 10,000 | ||||||
| Other undisclosed noncurrent assets | 1,018 | 272 | |||||
| Total noncurrent assets: | 12,085 | 3,034 | 2,862 | ||||
| TOTAL ASSETS: | 46,229 | 19,471 | 13,543 | 6,591 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 443 | 225 | 607 | 32 | |||
| Interest and dividends payable | ✕ | ✕ | 34 | ||||
| Taxes payable | ✕ | ✕ | 829 | ||||
| Accounts payable | 144 | 8 | 8 | ||||
| Accrued liabilities | 299 | 217 | (263) | 32 | |||
| Debt | 2,366 | 710 | |||||
| Due to related parties | ✕ | 802 | 1,106 | 417 | 1,755 | ||
| Other undisclosed current liabilities | 899 | 1,669 | 444 | ||||
| Total current liabilities: | 4,510 | 2,999 | 2,177 | 1,787 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation: | 1,942 | 2,472 | |||||
| Operating lease, liability | 1,942 | 2,472 | |||||
| Other undisclosed noncurrent liabilities | (1,942) | ||||||
| Total noncurrent liabilities: | 1,942 | 2,472 | |||||
| Total liabilities: | 4,510 | 4,941 | 4,649 | 1,787 | |||
| Equity | |||||||
| Equity, attributable to parent, including: | 41,720 | 14,529 | 8,894 | 4,805 | |||
| Additional paid in capital | 43,732 | 6,198 | 6,058 | 220 | |||
| Accumulated other comprehensive income (loss) | (299) | 898 | 579 | ||||
| Retained earnings (accumulated deficit) | (1,714) | 7,433 | 2,258 | (417) | |||
| Other undisclosed equity, attributable to parent | 5,002 | ||||||
| Total equity: | 41,720 | 14,529 | 8,894 | 4,805 | |||
| TOTAL LIABILITIES AND EQUITY: | 46,229 | 19,471 | 13,543 | 6,591 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|
| Revenues | 11,671 | 14,381 | 6,272 | |||
| Cost of revenue | (9,695) | (2,682) | (616) | |||
| Gross profit: | 1,976 | 11,699 | 5,656 | |||
| Operating expenses | (11,843) | (5,705) | (1,901) | (417) | ||
| Other undisclosed operating income | ||||||
| Operating income (loss): | (9,867) | 5,994 | 3,755 | (417) | ||
| Nonoperating expense (Other Nonoperating expense) | ||||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 304 | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (9,867) | 6,298 | 3,755 | (417) | ||
| Other undisclosed income from continuing operations before income taxes | 637 | |||||
| Income (loss) from continuing operations before income taxes: | (9,230) | 6,298 | 3,755 | (417) | ||
| Income tax expense (benefit) | 83 | (1,122) | (1,163) | |||
| Income (loss) from continuing operations: | (9,147) | 5,176 | 2,592 | (417) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | 5,176 | 2,592 | (417) | |
| Loss from discontinued operations | ||||||
| Net income (loss): | (9,147) | 5,176 | 2,592 | (417) | ||
| Other undisclosed net income attributable to parent | 83 | |||||
| Net income (loss) available to common stockholders, diluted: | (9,147) | 5,176 | 2,675 | (417) | ||
Comprehensive Income ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (9,147) | 5,176 | 2,592 | (417) | ||
| Other comprehensive loss | ||||||
| Comprehensive income (loss): | (9,147) | 5,176 | 2,592 | (417) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1,197) | 320 | 662 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (10,344) | 5,495 | 3,254 | (417) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.