NextNRG, Inc. (NXXT) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to next NRG second quarter 2026 earnings conference call. Today's call is being recorded. At this time, all participants are in a listen-only mode. Following management's prepared remarks, we will move to a question and answer session. I would now like to turn the conference over to Sharon Cohen, Investor Relations, for next NRG. Sharon, please go ahead. Thank you. I'd like to begin by reminding everyone that today's discussion will include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks and uncertainties that could cause actual results to differ materially. Please refer to our most recent SEC filings for a full discussion of relevant risk factors. Today's call will also reference adjusted EBITDA, a non-GAAP financial measure. A full reconciliation of this measure to net loss, the most comparable GAAP measure, is available in our earnings release, located in the investors tab of our website. Non-GAAP financial measures should not be considered a substitute for GAAP results. On the call today is Michael Farkas, founder and chief executive officer, as well as Joel Kleiner, chief financial officer. Michael, the floor is yours. Thank you, Sharon, and good afternoon, everyone. I want to begin by saying that this was a strong quarter for Next Energy. While the financial results are important, and Joel will walk you through those in a few minutes, what encouraged me most this quarter wasn't any single financial metric. It was how much clearer our strategy has become as we've continued building the business. When we started this company, we had a pretty clear idea of where we wanted to end up. Over the last year, I believe we've gained a much bet...