NextNav Inc. (NN)
Nasdaq: NN · Search, Detection, Navigation, Guidance, Aeronautical Sys · Reston, VA · filing with the SEC since 2021
Income statement, as filed
In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
| Report filed | Mar 17, 2026 | Mar 12, 2025 | Mar 13, 2024 | Mar 30, 2023 | Mar 23, 2022 | · |
| Revenue | 4,573 | 5,669 | 3,862 | 3,926 | 763 | 569 |
| For lenders | ||||||
| Net interest income | -12,443 | -9,401 | -3,664 | 901 | -17,842 | · |
| Cost of revenue | 8,540 | 10,777 | 2,318 | 2,389 | 232 | 893 |
| Research and development | 18,952 | 16,242 | 19,503 | 17,059 | 9,465 | 8,777 |
| Selling, general and administrative | 39,563 | 33,510 | 30,324 | 36,926 | 13,555 | 13,256 |
| General and administrative | 23,776 | 20,133 | · | · | · | · |
| Total operating expenses | · | 65,767 | 67,391 | 69,462 | 43,192 | 30,038 |
| Total costs and expenses | 74,805 | 65,767 | · | · | · | · |
| Operating income | -70,232 | -60,098 | -63,529 | -65,536 | -42,429 | -29,469 |
| Interest expense | · | · | · | · | 17,842 | 10,037 |
| Interest income (expense), net | -12,443 | -9,401 | · | · | · | · |
| Share of profit of equity-method investments | 58 | -175 | -191 | -230 | · | · |
| Other income (expense), net | -9,061 | 970 | -220 | -184 | -26 | -188 |
| Income before income taxes | -189,055 | -101,706 | -71,514 | -40,144 | -144,614 | -137,298 |
| Income tax expense | 198 | 173 | 221 | -28 | 52 | 38 |
| Net income including non-controlling interests | -189,253 | -101,879 | -71,735 | -40,116 | -144,666 | -137,336 |
| Net income | -189,253 | -101,879 | -71,735 | -40,116 | -144,666 | -137,336 |
| Net income to common shareholders | -189,253 | -101,879 | -71,735 | -40,116 | -158,497 | -170,408 |
| Earnings per share, basic | -1.42 | -0.84 | -0.66 | -0.40 | -6.73 | · |
| Earnings per share, diluted | -1.42 | -0.84 | -0.66 | -0.40 | -6.73 | · |
| Earnings per share, basic and diluted | · | · | · | · | -6.73 | -23.20 |
| Weighted average shares, basic | 132,866 | 121,500r | 107,972,000 | 101,029,000r | 23,561 | · |
| Weighted average shares, diluted | 132,866,000b | 121,500,000rb | 107,972,000 | 101,029,000r | 23,561 | · |
| Weighted average shares, basic and diluted | · | · | · | · | 23,561,000 | 7,346,000 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenuesNet interest income interest earned less interest paid
us-gaap:InterestIncomeExpenseNetCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
us-gaap:CostOfGoodsAndServicesSoldResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:CostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseInterest income (expense), net interest earned less interest paid, outside the business
us-gaap:InterestIncomeExpenseNonoperatingNetShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedEarnings per share, basic and diluted net income per share, where both counts are the same
us-gaap:EarningsPerShareBasicAndDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstandingWeighted average shares, basic and diluted the average count, where both counts are the same
us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted