NextNav Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $4.6M | $5.7M | $3.9M | $3.9M | $763.0K | $569.0K |
| Cost of Revenue | — | $729.0K | $2.3M | $2.4M | $232.0K | $893.0K |
| Gross Profit | — | $4.9M | $1.5M | $1.5M | $531.0K | $-324.0K |
| Gross Margin | — | 87.1% | 40.0% | 39.1% | 69.6% | -56.9% |
| Operating Expenses | ||||||
| Research & Development | $19.0M | $16.2M | $19.5M | $17.1M | $9.5M | $8.8M |
| SG&A Expense | $39.6M | $33.5M | $30.3M | $36.9M | $13.6M | $13.3M |
| Operating Income | $-70.2M | $-60.1M | $-63.5M | $-65.5M | $-42.4M | $-29.5M |
| Operating Margin | -1,535.8% | -1,060.1% | -1,645.0% | -1,669.3% | -5,560.8% | -5,179.1% |
| Interest Expense | — | — | — | — | $17.8M | $10.0M |
| Pretax Income | $-189.1M | $-101.7M | $-71.5M | $-40.1M | $-144.6M | $-137.3M |
| Income Tax Expense | $198.0K | $173.0K | $221.0K | $-28.0K | $52.0K | $38.0K |
| Net Income | $-189.3M | $-101.9M | $-71.7M | $-40.1M | $-144.7M | $-137.3M |
| Net Margin | -4,138.5% | -1,797.1% | -1,857.5% | -1,021.8% | -18,960.2% | -24,136.4% |
| EPS (Basic) | $-1.42 | $-0.84 | $-0.66 | $-0.40 | $0.00 | $-0.01 |
| EPS (Diluted) | $-1.42 | $-0.84 | $-0.66 | $-0.40 | $0.00 | $-0.01 |
| Shares Outstanding (Basic) | 132.9K | 121.5M | 108.0M | 101.0M | 101.0M | 31.50B |
| Shares Outstanding (Diluted) | 132.9K | 121.5M | 108.0M | 101.0M | 101.0M | 31.50B |
| Dividends Per Share | — | — | — | — | — | — |