$NN
NEXTNAV INC.

2024 Q4 Form 10-Q Financial Statement

#000121390024097473 Filed on November 13, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $1.607M $1.027M
YoY Change 56.48% 104.17%
Cost Of Revenue $2.585M $3.230M
YoY Change -19.97% 14.13%
Gross Profit -$978.0K -$2.210M
YoY Change -55.75% -5.03%
Gross Profit Margin -60.86% -215.19%
Selling, General & Admin $8.016M $6.152M
YoY Change 30.3% -39.4%
% of Gross Profit
Research & Development $3.545M $5.007M
YoY Change -29.2% 9.63%
% of Gross Profit
Depreciation & Amortization $1.313M $1.260M
YoY Change 4.21% 41.41%
% of Gross Profit
Operating Expenses $11.56M $15.65M
YoY Change -26.11% -15.15%
Operating Profit -$13.85M -$14.62M
YoY Change -5.25% -18.49%
Interest Expense -$2.254M -$1.740M
YoY Change 29.54% -617.86%
% of Operating Profit
Other Income/Expense, Net $343.0K -$99.00K
YoY Change -446.46% -34.87%
Pretax Income -$13.60M -$23.20M
YoY Change -41.38% 23.96%
Income Tax $26.00K $24.00K
% Of Pretax Income
Net Earnings -$13.61M -$23.22M
YoY Change -41.39% 23.97%
Net Earnings / Revenue -846.86% -2260.95%
Basic Earnings Per Share -$0.11 -$0.21
Diluted Earnings Per Share -$0.11 -$0.21
COMMON SHARES
Basic Shares Outstanding 128.9M shares 126.3M shares 108.2M shares
Diluted Shares Outstanding 126.4K shares 108.0M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $86.77M $97.10M
YoY Change -10.64% 35.31%
Cash & Equivalents $67.91M $90.13M
Short-Term Investments $18.87M $7.000M
Other Short-Term Assets $15.39M $2.323M
YoY Change 562.63% 37.21%
Inventory
Prepaid Expenses
Receivables $2.235M $2.738M
Other Receivables $0.00 $0.00
Total Short-Term Assets $104.4M $102.2M
YoY Change 2.2% 36.4%
LONG-TERM ASSETS
Property, Plant & Equipment $37.58M $41.80M
YoY Change -10.1% 26.99%
Goodwill $18.19M $17.24M
YoY Change 5.49%
Intangibles $10.18M
YoY Change
Long-Term Investments $586.0K
YoY Change
Other Assets $1.331M $1.569M
YoY Change -15.17% -18.07%
Total Long-Term Assets $67.27M $70.97M
YoY Change -5.2% 82.06%
TOTAL ASSETS
Total Short-Term Assets $104.4M $102.2M
Total Long-Term Assets $67.27M $70.97M
Total Assets $171.7M $173.1M
YoY Change -0.84% 52.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $918.0K $916.0K
YoY Change 0.22% -39.58%
Accrued Expenses $12.03M $10.20M
YoY Change 17.98% 36.93%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $20.82M $11.20M
YoY Change 85.88% 24.34%
LONG-TERM LIABILITIES
Long-Term Debt $52.97M $47.07M
YoY Change 12.55%
Other Long-Term Liabilities $1.875M $1.671M
YoY Change 12.21% 47.48%
Total Long-Term Liabilities $54.85M $48.74M
YoY Change 12.54% 4201.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.82M $11.20M
Total Long-Term Liabilities $54.85M $48.74M
Total Liabilities $106.1M $89.02M
YoY Change 19.19% 315.28%
SHAREHOLDERS EQUITY
Retained Earnings -$829.8M -$743.8M
YoY Change 11.56% 10.04%
Common Stock $893.6M $822.9M
YoY Change 8.59% 7.07%
Preferred Stock
YoY Change
Treasury Stock (at cost) $693.0K $4.000K
YoY Change 17225.0% 0.0%
Treasury Stock Shares
Shareholders Equity $65.57M $80.26M
YoY Change
Total Liabilities & Shareholders Equity $171.7M $173.1M
YoY Change -0.84% 52.03%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income -$13.61M -$23.22M
YoY Change -41.39% 23.97%
Depreciation, Depletion And Amortization $1.313M $1.260M
YoY Change 4.21% 41.41%
Cash From Operating Activities -$6.781M -$8.690M
YoY Change -21.97% 3.32%
INVESTING ACTIVITIES
Capital Expenditures $93.00K $410.0K
YoY Change -77.32% -133.77%
Acquisitions
YoY Change
Other Investing Activities $4.750M $25.58M
YoY Change -81.43% -375.11%
Cash From Investing Activities $4.657M $25.17M
YoY Change -81.5% -339.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 7.065M 20.86M
YoY Change -66.13% -695433.33%
NET CHANGE
Cash From Operating Activities -6.781M -8.690M
Cash From Investing Activities 4.657M 25.17M
Cash From Financing Activities 7.065M 20.86M
Net Change In Cash 4.941M 37.34M
YoY Change -86.77% -297.29%
FREE CASH FLOW
Cash From Operating Activities -$6.781M -$8.690M
Capital Expenditures $93.00K $410.0K
Free Cash Flow -$6.874M -$9.100M
YoY Change -24.46% 26.44%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
69005000 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-13852000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-23220000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3926000 usd
us-gaap Revenues
Revenues
2657000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-13609000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67905000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-15770000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-6706000 usd
us-gaap Net Income Loss
NetIncomeLoss
-55339000 usd
ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
dei Entity Address State Or Province
EntityAddressStateOrProvince
VA
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Central Index Key
EntityCentralIndexKey
0001865631
dei Amendment Flag
AmendmentFlag
false
ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-40985
dei Entity Registrant Name
EntityRegistrantName
NextNav Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
87-0854654
dei Entity Address Address Line1
EntityAddressAddressLine1
11911 Freedom Dr.
dei Entity Address Address Line2
EntityAddressAddressLine2
Ste. 200
dei Entity Address City Or Town
EntityAddressCityOrTown
Reston
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
20190
dei City Area Code
CityAreaCode
800
dei Local Phone Number
LocalPhoneNumber
775-0982
dei Security12b Title
Security12bTitle
Common Stock, par value $0.0001 per share
dei Trading Symbol
TradingSymbol
NN
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Ex Transition Period
EntityExTransitionPeriod
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
128864792 shares
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
67905000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
81878000 usd
CY2024Q3 us-gaap Short Term Investments
ShortTermInvestments
18865000 usd
CY2023Q4 us-gaap Short Term Investments
ShortTermInvestments
3954000 usd
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2235000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2332000 usd
CY2024Q3 us-gaap Other Assets Current
OtherAssetsCurrent
15393000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
3056000 usd
CY2024Q3 us-gaap Assets Current
AssetsCurrent
104398000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
91220000 usd
CY2024Q3 nn Network Under Construction
NetworkUnderConstruction
1678000 usd
CY2023Q4 nn Network Under Construction
NetworkUnderConstruction
1676000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
12713000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9724000 usd
CY2024Q3 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
17261000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
19885000 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
18640000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
19267000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
18185000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
17977000 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10179000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10625000 usd
CY2024Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1331000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1508000 usd
CY2024Q3 us-gaap Assets
Assets
171672000 usd
CY2023Q4 us-gaap Assets
Assets
162158000 usd
CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
918000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
391000 usd
CY2024Q3 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
17059000 usd
CY2023Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
6592000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2542000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2523000 usd
CY2024Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
303000 usd
CY2023Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
297000 usd
CY2024Q3 us-gaap Liabilities Current
LiabilitiesCurrent
20822000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
9803000 usd
CY2024Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
15053000 usd
CY2023Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
7053000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
15377000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
15145000 usd
CY2024Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1875000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1614000 usd
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
52974000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
48447000 usd
CY2024Q3 us-gaap Liabilities
Liabilities
106101000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
82062000 usd
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
127677549 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
111261434 shares
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
127545321 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
111132222 shares
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
14000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
12000 usd
CY2024Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
893584000 usd
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
837416000 usd
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2502000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2198000 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-829836000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-760227000 usd
CY2024Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
132228 shares
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
129212 shares
CY2024Q3 us-gaap Treasury Stock Value
TreasuryStockValue
693000 usd
CY2023Q4 us-gaap Treasury Stock Value
TreasuryStockValue
665000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
65571000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
78734000 usd
CY2024Q3 us-gaap Minority Interest
MinorityInterest
usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
1362000 usd
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
171672000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
162158000 usd
CY2024Q3 us-gaap Revenues
Revenues
1607000 usd
CY2023Q3 us-gaap Revenues
Revenues
1027000 usd
us-gaap Revenues
Revenues
3758000 usd
CY2024Q3 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
2585000 usd
CY2023Q3 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
3232000 usd
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
8270000 usd
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
9397000 usd
CY2024Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3545000 usd
CY2023Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5007000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
12325000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
14579000 usd
CY2024Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
8016000 usd
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6152000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
24570000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
18722000 usd
CY2024Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1313000 usd
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1256000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3559000 usd
CY2024Q3 us-gaap Costs And Expenses
CostsAndExpenses
15459000 usd
CY2023Q3 us-gaap Costs And Expenses
CostsAndExpenses
15647000 usd
us-gaap Costs And Expenses
CostsAndExpenses
49091000 usd
us-gaap Costs And Expenses
CostsAndExpenses
46257000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-14620000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-45333000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-43600000 usd
CY2024Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-2217000 usd
CY2023Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1740000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1614000 usd
CY2024Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-2143000 usd
CY2023Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
6737000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
19523000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
9800000 usd
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
343000 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-99000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2091000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-166000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-13583000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-23196000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-69471000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-55180000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
138000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
159000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-13609000 usd
us-gaap Net Income Loss
NetIncomeLoss
-69609000 usd
us-gaap Net Income Loss
NetIncomeLoss
-55339000 usd
CY2024Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1005000 usd
CY2023Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-670000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
304000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-218000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-12604000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-23890000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-69305000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-55557000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-23220000 usd
us-gaap Net Income Loss
NetIncomeLoss
-69609000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13609000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-23220000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-69609000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-55339000 usd
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
126429 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
126429 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108045 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108045 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
118978 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
118978 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107504 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
107504 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.59
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.59
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.51
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.51
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
80096000 usd
CY2024Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
544000 usd
CY2024Q1 nn Adjustments To Additional Paid In Capital Reclassification From Warrant Liability
AdjustmentsToAdditionalPaidInCapitalReclassificationFromWarrantLiability
2468000 usd
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6293000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-31610000 usd
CY2024Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-522000 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
57269000 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
1000 usd
CY2024Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1106000 usd
CY2024Q2 nn Adjustments To Additional Paid In Capital Reclassification From Warrant Liability
AdjustmentsToAdditionalPaidInCapitalReclassificationFromWarrantLiability
4308000 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2792000 usd
CY2024Q2 nn Stock Issued During Period Value Warrants Issued
StockIssuedDuringPeriodValueWarrantsIssued
21036000 usd
CY2024Q2 nn Stock Issued During Period Value Interest Payment
StockIssuedDuringPeriodValueInterestPayment
1867000 usd
CY2024Q2 nn Stock Redeemed Or Called Non Controlling Interests During Period Value
StockRedeemedOrCalledNonControllingInterestsDuringPeriodValue
-67000 usd
CY2024Q2 nn Stock Redeemed Or Called During Period Value Settlement Of Receivables
StockRedeemedOrCalledDuringPeriodValueSettlementOfReceivables
28000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-24390000 usd
CY2024Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-179000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
63849000 usd
CY2024Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
232000 usd
CY2024Q3 nn Stock Issued During Period Value Warrants Issued
StockIssuedDuringPeriodValueWarrantsIssued
6860000 usd
CY2024Q3 nn Adjustments To Additional Paid In Capital Reclassification From Warrant Liability
AdjustmentsToAdditionalPaidInCapitalReclassificationFromWarrantLiability
4747000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2487000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-13609000 usd
CY2024Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1005000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
65571000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
103864000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
25000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4548000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-16349000 usd
CY2023Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
432000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
92520000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
13000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3697000 usd
CY2023Q2 us-gaap Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
14598000 usd
CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
20000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
95078000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
28000 usd
CY2023Q3 nn Stock Issued During Period Value Warrants Issued
StockIssuedDuringPeriodValueWarrantsIssued
882000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3762000 usd
CY2023Q3 us-gaap Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
8245000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-23220000 usd
CY2023Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-670000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
84105000 usd
us-gaap Net Income Loss
NetIncomeLoss
-69609000 usd
us-gaap Net Income Loss
NetIncomeLoss
-55339000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3926000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3559000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
11162000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
12643000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
19523000 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
9800000 usd
nn Increase Derease Through Fair Value Adjustment Of Asset Purchase Agreement Liability
IncreaseDereaseThroughFairValueAdjustmentOfAssetPurchaseAgreementLiability
2217000 usd
nn Increase Derease Through Fair Value Adjustment Of Asset Purchase Agreement Liability
IncreaseDereaseThroughFairValueAdjustmentOfAssetPurchaseAgreementLiability
usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
517000 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
501000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-118000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-157000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
51000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
51000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4526000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1771000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-97000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
569000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-269000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-1246000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-60000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-84000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
527000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-102000 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
6000 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-23000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
5144000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
2140000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
874000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
476000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-26060000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-24607000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
182000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2541000 usd
us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
354000 usd
us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
708000 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
44894000 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
33494000 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
30500000 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
35249000 usd
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
2732000 usd
us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-17662000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1494000 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
70000000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1861000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
82000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
82000 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
27896000 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
882000 usd
nn Redemption Of Noncontrolling Interests
RedemptionOfNoncontrollingInterests
40000 usd
nn Redemption Of Noncontrolling Interests
RedemptionOfNoncontrollingInterests
usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1882000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
66000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
29736000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-13973000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
42902000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
81878000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
47230000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
90132000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
159000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
120000 usd
us-gaap Stock Issued1
StockIssued1
usd
us-gaap Stock Issued1
StockIssued1
22843000 usd
nn Interest Paid In Shares Including Capitalized Interest Operating And Investing Activities
InterestPaidInSharesIncludingCapitalizedInterestOperatingAndInvestingActivities
1867000 usd
nn Interest Paid In Shares Including Capitalized Interest Operating And Investing Activities
InterestPaidInSharesIncludingCapitalizedInterestOperatingAndInvestingActivities
usd
us-gaap Net Income Loss
NetIncomeLoss
-69600000 usd
us-gaap Net Income Loss
NetIncomeLoss
-55300000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-26100000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-24600000 usd
CY2024Q3 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
86800000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="margin: 0px; text-indent: 0px; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; line-height: inherit;">Use of Estimates</span></p> <p style="margin: 0pt; text-indent: 18pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;"> </span></p> <p style="margin: 0pt; text-align: justify; text-indent: 18pt; line-height: 1.2;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period and accompanying notes. These estimates include those related to the useful lives and recoverability of long-lived and intangible assets, valuation of common stock warrants, income taxes and equity-based compensation, among others. NextNav bases estimates on historical experience, anticipated results and various other assumptions, including assumptions of future events, it believes are reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets, liabilities, equity, revenue and expenses, that are not readily apparent from other sources. Actual results and outcomes could differ materially from these estimates and assumptions. </span></p>
nn Fair Value Option Changes In Fair Value Gain Loss On Available For Sale Debt Securities In Cash And Cash Equivalents
FairValueOptionChangesInFairValueGainLossOnAvailableForSaleDebtSecuritiesInCashAndCashEquivalents
517000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
0 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1607000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1027000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
3758000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2657000 usd
us-gaap Accounts Receivable Sale
AccountsReceivableSale
2200000 usd
CY2023 us-gaap Accounts Receivable Sale
AccountsReceivableSale
2300000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
303000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
297000 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3266000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4407000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11162000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12643000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-13609000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-23220000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-69609000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-55339000 usd
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
126429 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
126429 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108045 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108045 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
118978 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
118978 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107504 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
107504 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.59
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.59
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.51
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.51
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 usd
CY2024Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 usd
CY2023Q4 us-gaap Goodwill
Goodwill
17977000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
17493000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
208000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-159000 usd
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
usd
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-96000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
18185000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
17238000 usd
CY2024Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4310000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3913000 usd
CY2024Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1471000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
324000 usd
CY2024Q3 us-gaap Interest Payable Current
InterestPayableCurrent
2333000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
583000 usd
CY2024Q3 nn Asset Purchase Agreement Liability Current
AssetPurchaseAgreementLiabilityCurrent
7567000 usd
CY2023Q4 nn Asset Purchase Agreement Liability Current
AssetPurchaseAgreementLiabilityCurrent
usd
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1378000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1772000 usd
CY2024Q3 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
17059000 usd
CY2023Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
6592000 usd
CY2024Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
14438000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4259000 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10179000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
13917000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3292000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10625000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000 usd
CY2024Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
900000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
288000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1127000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
945000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
731000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
3621000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6712000 usd
CY2024Q3 us-gaap Other Receivables
OtherReceivables
13000 usd
CY2023Q4 us-gaap Other Receivables
OtherReceivables
107000 usd
CY2024Q3 nn Asset Purchase Agreement Liability Current
AssetPurchaseAgreementLiabilityCurrent
7567000 usd
CY2024Q3 us-gaap Share Price
SharePrice
7.49
CY2023Q4 us-gaap Share Price
SharePrice
4.45
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
11.5
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
11.5
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y25D
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y9M25D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
1.08 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.669 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0365 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0405 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.55
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.91
CY2024Q3 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
31352520 shares
nn Description Of Warrants
DescriptionOfWarrants
the right to redeem the outstanding Public Warrants in whole and not in part at a price of $0.01 per warrant upon a minimum of 30 days’ prior written notice of redemption, if and only if the last sales price of the Company’s common stock matched or exceeded $18.00 per share for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which NextNav sends the notice of redemption to the warrant holders.
CY2024Q3 nn Capital Stock Shares Authorized
CapitalStockSharesAuthorized
600000000 shares
nn Capital Stock Par Or Stated Value Per Share
CapitalStockParOrStatedValuePerShare
0.0001
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2024Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
127677549 shares
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
127545321 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2024Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-13600000 usd
CY2024Q3 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.002 pure
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-23200000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.001 pure
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
138000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-69500000 usd
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.002 pure
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
159000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-55200000 usd
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.003 pure

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
0001213900-24-097473-index-headers.html Edgar Link pending
0001213900-24-097473-index.html Edgar Link pending
0001213900-24-097473.txt Edgar Link pending
0001213900-24-097473-xbrl.zip Edgar Link pending
ex311_1.htm Edgar Link pending
ex312_2.htm Edgar Link pending
ex321_3.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
nn-20240930.htm Edgar Link pending
nn-20240930.xsd Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
nn-20240930_cal.xml Edgar Link unprocessable
nn-20240930_def.xml Edgar Link unprocessable
nn-20240930_lab.xml Edgar Link unprocessable
nn-20240930_pre.xml Edgar Link unprocessable
nn-20240930_htm.xml Edgar Link completed
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending