Issue 002 | U.S. Pilot | US

NXTT

Next Technology Holding Inc.

Screen state: Passing Source state: Verified 10-Q | 2026-04-29 Filing currency: USD

Open Filing Back to Register Report a correction

Internal NCAV Discount 87.9%

GNNI internal NCAV discount calculation. Market context inputs are retained internally and are not displayed.

Current Assets: 551,220,361USD
Total Liabilities: 40,368,844USD
NCAV: 510,851,517USD
Cash: 159,716,830USD
NCAV per share: 6.70USD/share
Evidence: 7 annual | 26 quarterly

Mary filing review

Financial Statement Evidence

Deterministic observations from the frozen Mary Reason Card. They annotate filing evidence and do not determine screen inclusion.

Not captured in this issue’s Mary run.

This archived issue is not backfilled with observations from a later screening run.

Business Profile

Published only when a substantive filing-text profile has been prepared for this issue.

Not available for this issue.

A substantive filing-text profile was not prepared for this company. Financial statement evidence and filing links remain available above for direct inspection.

Historical values can be viewed as reported in each filing or normalized to the latest verified split basis. These are measurement aids, not conclusions about a company.

Policy: normalize_to_latest_verified_split_basis | quality: verified

Display basis Normalized to latest verified split basis As reported in each filing

Metric	2026-03-31 10-Q Open filing	2025-12-31 10-K Open filing	2025-09-30 10-Q Open filing	2025-06-30 10-Q Open filing	2025-03-31 10-Q Open filing	2024-12-31 10-K Open filing	2024-09-30 10-Q Open filing	2024-06-30 10-Q Open filing	2024-03-31 10-Q Open filing	2023-12-31 10-K Open filing	2023-09-30 10-Q Open filing	2023-06-30 10-Q Open filing	2023-03-31 10-Q Open filing	2022-12-31 10-K Open filing	2022-09-30 10-Q Open filing	2022-06-30 10-Q Open filing	2022-03-31 10-Q Open filing	2021-12-31 10-K Open filing	2021-09-30 10-Q Open filing	2021-06-30 10-Q Open filing	2020-12-31 10-K Open filing	2019-12-31 10-K Open filing
Period-end Shares Outstanding	76,264,37476,264,374	4,882,5564,882,556	14,3292,865,730	2,181,326436,265,135	2,181,326436,265,135	3,4886,976,410	3,4886,976,410	3,4886,976,410	n/an/a	n/an/a	1,3132,625,130	5271,054,530	97,529195,057,503	97,529195,057,503	527195,057,503	500185,032,503	826305,451,498	826305,451,498	n/an/a	n/an/a	826305,451,498	811100,074,000
Weighted-average Basic Shares	8,927,9318,927,931	2,317,6842,317,684	12,3052,461,018	2,181,326436,265,135	488,02097,604,030	2,8885,775,647	3,4886,976,410	1,7953,590,757	n/an/a	n/an/a	n/an/a	74,885149,770,976	97,529195,057,503	111,630223,259,181	630233,072,453	796294,361,978	826305,451,498	826305,451,498	n/an/a	n/an/a	n/an/a	n/an/a
Weighted-average Diluted Shares	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	5271,054,530	n/an/a	n/an/a	24,10348,205,725	74,885149,770,976	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a
Basic EPS	-12-12	6262	172172	11	22	44	33	44	77	22	-0-0	00	-0-0	-0-0	-0-0	00	00	00	00	00	00	n/an/a
Diluted EPS	-12-12	6262	172172	11	22	44	33	44	77	22	-0-0	-0-0	-0-0	-6-6	-0-0	-0-0	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a
Basic-to-Diluted Share Difference	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	-70.6%	Insufficient evidence	Insufficient evidence	Insufficient evidence	0.0%	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence
Net Share Count Change	1462.0%	33975.5%	-99.3%	0.0%	62434.3%	0.0%	0.0%	Insufficient evidence	Insufficient evidence	Insufficient evidence	148.9%	-99.5%	0.0%	18400.0%	5.4%	-39.4%	0.0%	Insufficient evidence	Insufficient evidence	Insufficient evidence	1.7%	Insufficient evidence
Ownership Claim Change	-93.6%	-99.7%	15123.5%	0.0%	-99.8%	0.0%	0.0%	Insufficient evidence	Insufficient evidence	Insufficient evidence	-59.8%	18397.1%	0.0%	-99.5%	-5.1%	65.1%	0.0%	Insufficient evidence	Insufficient evidence	Insufficient evidence	-1.7%	Insufficient evidence

Verified split events: forward 3.0 on 2020-09-15; reverse 185.0 on 2023-06-09; reverse 10.0 on 2025-04-24; reverse 200.0 on 2026-03-31

Known Unknowns

Medium | Share Count

The current U.S. Pilot does not yet evaluate share-count trends or post-filing dilution beyond Mary's screening flags.

Low | Classification

U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.

Annual Financials

Latest annual periods, newest first. Missing cells render as n/a.

Metric	2025-12-31 10-K USD	2024-12-31 10-K USD	2023-12-31 10-K USD	2022-12-31 10-K USD	2021-12-31 10-K USD	2020-12-31 10-K USD	2019-12-31 10-K USD
Revenue	11,614,772	1,800,000	2,500,000	11,671,335	14,381,295	6,271,564	0
Operating Income	-80,198,697	-16,804	-1,237,102	-9,867,003	5,994,293	3,754,633	-417,407
Net Income	143,164,948	21,543,250	-9,919,700	-9,147,415	5,175,675	2,675,037	-417,407
Cash From Operations	-3,074,693	20,206,199	20,206,199	-17,608,419	-3,753,384	1,162,337	-130,892
Capex	n/a	n/a	n/a	-693,560	-417,112	0	n/a
Free Cash Flow	n/a	n/a	n/a	-18,301,979	-4,170,496	1,162,337	n/a
Cash And Equivalents	5,623,944	668,387	668,387	20,025,495	616,593	4,640,603	6,591,128
Accounts Receivable	354,772	1,800,000	1,000,000	6,828,195	9,230,865	2,609,520	0
Inventory	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Current Assets	524,131,414	92,916,317	48,931,463	34,144,423	16,436,393	10,680,492	6,591,128
Total Assets	524,131,414	92,916,317	48,931,463	46,229,241	19,470,524	13,542,707	6,591,128
Total Current Liabilities	3,935,663	3,053,752	4,223,087	4,509,731	2,998,960	2,177,224	1,786,515
Total Liabilities	68,552,005	11,288,255	4,223,087	4,509,731	4,941,202	4,648,822	1,786,515
Shareholders Equity	455,579,409	81,628,062	44,708,376	41,719,510	14,529,322	8,893,885	4,804,613
Shares Outstanding	76,264,374	218,133	1,313	97,529	826	826	825
Shares Outstanding Diluted	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	2,317,684	2,888	771	111,630	n/a	822	1,622,822
Weighted Avg Shares Basic	2,317,684	2,888	771	111,630	826	822	1,622,822
Net Share Count Change (Normalized)	33975.5%	0.0%	Insufficient evidence	18400.0%	Insufficient evidence	1.7%	Insufficient evidence
Ownership Claim Change (Normalized)	-99.7%	0.0%	Insufficient evidence	-99.5%	Insufficient evidence	-1.7%	Insufficient evidence

Quarterly Financials

Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.

Metric	2026-03-31 10-Q USD	2025-12-31 10-K USD	2025-12-31 10-K USD	2025-09-30 10-Q USD	2025-06-30 10-Q USD	2025-03-31 10-Q USD	2024-12-31 10-K USD	2024-12-31 10-K USD	2024-09-30 10-Q USD	2024-09-30 10-Q USD	2024-06-30 10-Q USD	2024-03-31 10-Q USD	2023-12-31 10-K USD	2023-12-31 10-K USD	2023-09-30 10-Q USD	2023-06-30 10-Q USD	2023-03-31 10-Q USD	2022-12-31 10-K USD	2022-12-31 10-K USD	2022-09-30 10-Q USD	2022-06-30 10-Q USD	2022-03-31 10-Q USD	2021-12-31 10-K USD	2021-12-31 10-K USD	2021-09-30 10-Q USD	2021-06-30 10-Q USD
Revenue	465,228	n/a	n/a	1,788,205	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	270,001	262,821	1,633,836	-11,026	614,369	2,473,654	2,473,654	5,352,748	1,608,080	2,236,853	3,118,804	3,118,804	4,598,675	3,882,893
Operating Income	-6,635,120	-35,167,274	-35,167,274	-44,325,603	-255,962	-449,858	1,225,324	1,225,324	-566,985	-566,983	-345,000	-330,145	13,053,480	13,053,480	-12,386,850	-916,802	-986,930	-973,974	-973,974	-9,070,333	-465,093	642,397	1,869,412	1,869,413	1,454,478	1,924,977
Net Income	-105,851,731	-151,957,754	-151,957,754	-16,892,250	118,574,527	193,440,425	7,551,888	7,541,358	1,361,546	1,372,076	-6,916,679	19,546,495	-464,396	6,565,636	-14,286,268	26,079	-2,225,147	-608,541	-608,541	-8,657,092	-442,637	560,855	1,271,290	1,271,290	1,410,271	1,842,030
Cash From Operations	-1,396,103	n/a	n/a	n/a	n/a	n/a	n/a	n/a	-80,803	-80,803	1	-530	28,736,876	28,736,876	-13,770,256	5,792,252	-552,673	838,843	838,843	-24,938,625	-929,127	7,420,490	-944,553	-944,553	-1,846,442	1,006,940
Capex	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	-24,990,000	75,031	0	n/a	122,780	-167,951	75,031	-723,420	n/a	-278,988	32,141	-170,265
Free Cash Flow	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	-38,760,256	5,867,283	-552,673	n/a	961,623	-25,106,576	-854,096	6,697,070	n/a	-1,223,541	-1,814,301	836,675
Cash And Equivalents	159,716,830	5,623,944	5,623,944	12,357,568	668,387	668,387	668,387	668,387	668,387	668,387	668,387	668,387	668,387	668,387	1,416,885	20,004,914	20,125,507	20,025,495	20,025,495	20,261,881	7,152,073	7,568,537	616,593	616,593	1,395,025	3,210,464
Total Current Assets	551,220,361	524,131,414	524,131,414	679,538,464	633,275,940	483,825,640	92,916,317	92,916,317	66,037,755	66,037,755	64,657,906	73,081,526	48,931,463	48,931,463	41,876,160	30,741,321	31,315,456	34,144,423	34,144,423	44,687,147	15,639,121	16,458,327	16,436,393	16,436,393	14,768,849	12,903,623
Total Liabilities	40,368,844	68,552,005	68,552,005	104,431,874	93,674,759	62,798,986	11,288,255	11,288,255	5,357,581	5,357,581	5,934,111	8,821,052	4,223,087	4,223,087	2,118,337	3,541,531	3,683,738	4,509,731	4,509,731	4,044,111	4,924,897	4,938,843	4,941,202	4,941,202	4,725,881	4,217,568
Shares Outstanding	76,264,374	4,882,556	4,882,556	14,329	2,281,326	2,181,326	6,976,410	218,133	6,976,410	3,488	3,488	1,313	2,625,130	1,313	1,313	527	97,529	195,057,503	97,529	527	500	826	305,451,498	826	826	826
Shares Outstanding Diluted	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	8,927,931	2,317,684	2,317,684	12,305	2,181,326	488,020	5,775,647	4,926	6,976,410	3,488	6,976,410	13,126	1,541,650	1,541,650	1,416,813	1,054,530	1,054,530	1,208,057	120,022	96,384	77,913	n/a	n/a	n/a	826	826
Weighted Avg Shares Basic	8,927,931	2,317,684	2,317,684	12,305	2,181,326	488,020	5,775,647	4,926	6,976,410	3,488	6,976,410	13,126	1,541,650	1,541,650	1,416,813	1,054,530	1,054,530	223,259,181	120,022	96,384	77,913	826	305,451,498	826	826	826
Net Share Count Change (Normalized)	1462.0%	33975.5%	33975.5%	-99.3%	0.0%	62434.3%	0.0%	0.0%	0.0%	0.0%	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	148.9%	-99.5%	0.0%	18400.0%	18400.0%	5.4%	-39.4%	0.0%	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence
Ownership Claim Change (Normalized)	-93.6%	-99.7%	-99.7%	15123.5%	0.0%	-99.8%	0.0%	0.0%	0.0%	0.0%	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	-59.8%	18397.1%	0.0%	-99.5%	-99.5%	-5.1%	65.1%	0.0%	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence

Audit Trail

NCAV Audit

Official-source inputs remain linked to filing provenance. Derived values are labeled as such.

Input	Value	Source concept	Filing period	Confidence	Provenance
Current Assets	551,220,361USD	us-gaap:AssetsCurrent	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001784970/companyfacts.json Data Vault \| sec/companyfacts/cik=0001784970/companyfacts.json
Total Liabilities	40,368,844USD	us-gaap:Liabilities	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001784970/companyfacts.json Data Vault \| sec/companyfacts/cik=0001784970/companyfacts.json
Cash	159,716,830USD	us-gaap:CashAndCashEquivalentsAtCarryingValue	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001784970/companyfacts.json Data Vault \| sec/companyfacts/cik=0001784970/companyfacts.json
Shares Outstanding	76,264,374	us-gaap:CommonStockSharesOutstanding	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001784970/companyfacts.json Data Vault \| sec/companyfacts/cik=0001784970/companyfacts.json
NCAV	510,851,517USD	derived	2026-03-31	n/a	company-evidence-v1 \| total_current_assets - total_liabilities
NCAV per share	6.70USD	derived	2026-03-31	n/a	company-evidence-v1 \| NCAV / shares_outstanding
Internal NCAV Discount	87.9%	derived	2026-03-31	n/a	gnni_publication_pack \| internal_discount

NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding

Source Provenance

Data Source: Data Vault
Data Vault Root: Local evidence | The Data Vault
CIK: 0001784970
Company ID: n/a
Selected Annual Source: Data Vault | sec/companyfacts/cik=0001784970/companyfacts.json
Selected Quarterly Source: Data Vault | sec/companyfacts/cik=0001784970/companyfacts.json
Statement Extractor: companyfacts-screener-v1
View Extractor: companyfacts-screener-v1
Source Accession Count: 22
Imported At: 2026-08-09T01:57:54+00:00
Rendered At: 2026-08-16T03:29:43+00:00

Run Audit

Mary Run: f75c5d221f074da8a489fba328e8ef51
Mary As Of: 2026-07-18
Accession: 0001213900-26-048836
CIK: 0001784970
Mary Filing Date: 2026-04-29
Filing Currency: USD
Internal Discount: 87.9%
Source State: Verified
Market Context: Not Displayed
Market Policy: internal_only_not_redistributed
Share Trend: Not Evaluated
Dilution: Needs Review

mary_run=f75c5d221f074da8a489fba328e8ef51; mary_as_of=2026-07-18; mary_filing_date=2026-04-29; mary_accession=0001213900-26-048836; mary_cik=0001784970; gnni_supporting_filing_date=2026-04-29; internal_discount=0.879375; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.

Back to Register Report a correction Archive