Nixxy Inc (NASDAQ: NIXX) is a telecommunications and data infrastructure company that operates a communications platform focused on routing voice traffic across carrier networks. Revenue is generated primarily through telecommunications services, with the company's platform processing traffic volumes across expanded carrier relationships. As of late 2025, the company reported an annualized telecommunications revenue run-rate of approximately $150 million to $180 million based on internal management estimates, though actual reported financials were not fully disclosed in the filing excerpts. The company is executing a strategic transformation into a communications and data infrastructure platform, incorporating automation and AI-enabled routing. For the year ended December 31, 2024, net loss from continuing operations was $20.7 million and net loss from discontinued operations was $1.9 million. As of December 31, 2025, cash on hand was approximately $182 thousand, and the company disclosed going concern conditions. As of February 20, 2026, NIXX was out of compliance with Nasdaq's minimum bid price requirement. CEO Mike Schmidt and CFO MeiLin Yu signed the 10-K filed April 15, 2026.

Revenue model

Telecommunications services revenue, transactional in nature, driven by voice traffic volumes routed across carrier networks. Management describes incremental traffic as addable with limited proportional increases in operating overhead, implying a variable-cost routing model.

Products and services

Telecommunications platform with AI-enabled call routing, carrier interconnect services, and data infrastructure software applications. The company also references expansion into higher-value infrastructure and software-driven applications as of FY2025.

Customers and end markets

Carrier and telecommunications end markets. The filing references expanded carrier relationships as a primary growth driver. No specific customer concentration data or named customers were disclosed in the excerpts.

Value-chain role

Wholesale telecommunications carrier and traffic routing intermediary, sitting between originating carriers and terminating carriers. Also developing software-driven infrastructure applications layered on top of the routing platform.

Geographic exposure

Not specified in the filing excerpts.

Source: SEC 10-K, filed 2026-04-15

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