NextNav (NN)

Company Profile

NextNav provides next generation GPS. NextNav Pinnacle uses highly accurate vertical positioning to transform location services so they reflect the 3D world around us. NextNav TerraPoiNT system keeps critical infrastructure resilient with reliable Position, Navigation and Timing services in the absence of GPS. With carrier-grade dependability and a rapidly expanding nationwide service footprint, NextNav is driving a whole new ecosystem for geolocation applications and services.

Company profile

Ticker

NN, NNAVW

Exchange

Website

Incorporated

Location

Fiscal year end

Sector

Manufacturing > Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing

Industry (SIC)

Search, Detection, Navigation, Guidance, Aeronautical Sys

Northrop Grumman • L3Harris • Garmin • Leonardo DRS • Teledyne • Teledyne FLIR • Nextracker • Intuitive Machines • Virgin Orbit • MIND Technology ...

Former names

Spartacus Acquisition Shelf Corp.

SEC CIK

0001865631

Corporate docs

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Spartacus Acquisition Corporation • NextNav MS 3, LLC • NextNav MS 4, LLC • NextNav MS 5, Inc. • NextNav MS 6, LLC • NextNav MS 7, Inc. • NextNav Holdings, LLC • NextNav Intermediate HoldCo, LLC • NextNav, LLC • Progeny LMS, LLC ...

NN stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

8-K

NextNav Announces Sale of Common Shares

16 Nov 22

$15.00 mm in equity / securities to be acquired, sold $15.00 mm, 32 investors

14 Nov 22

424B3

Prospectus supplement

10 Nov 22

NextNav Inc. Reports Third Quarter 2022 Results

10 Nov 22

424B3

Prospectus supplement

2 Nov 22

8-K

NextNav Announces Acquisition of Nestwave

2 Nov 22

EFFECT

Notice of effectiveness

16 Aug 22

POS AM

Prospectus update (post-effective amendment)

10 Aug 22

424B3

Prospectus supplement

10 Aug 22

Transcripts

Earnings call transcript

2022 Q3

12 Nov 22

Earnings call transcript

2022 Q2

10 Aug 22

Earnings call transcript

2022 Q1

14 May 22

Earnings call transcript

2021 Q4

24 Mar 22

Latest ownership filings

View all

Wood River Capital, LLC

Financial summary

Financial statements Chart NN financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	63.59 mm	63.59 mm	63.59 mm	63.59 mm	63.59 mm	63.59 mm
Cash burn (monthly)	6.31 mm	(no burn)	6.24 mm	8.16 mm	323.00 k	6.29 mm
Cash used (since last report)	35.78 mm	n/a	35.36 mm	46.28 mm	1.83 mm	35.68 mm
Cash remaining	27.81 mm	n/a	28.22 mm	17.31 mm	61.76 mm	27.91 mm
Runway (months of cash)	4.4	n/a	4.5	2.1	191.2	4.4

Beta Read what these cash burn values mean

Financial data from NextNav earnings reports.

Institutional ownership, Q4 2022

NN institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	71	75	-5.3%
Opened positions	10	15	-33.3%
Closed positions	14	26	-46.2%
Increased positions	26	21	+23.8%
Reduced positions	13	16	-18.8%

13F shares	Current	Prev Q	Change
Total value	119.14 bn	402.90 mm	+29470.4%
Total shares	117.20 mm	130.96 mm	-10.5%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Presutti Timothy M.	15.09 mm	$60.82 mm	0.0%
FIG Fortress Investment	14.18 mm	$41.54 bn	0.0%
Columbia Capital IV	9.71 mm	$0.00	0.0%
Goldman Sachs Asset Management	8.95 mm	$78.42 mm	0.0%
NEA Management	8.19 mm	$23.99 bn	0.0%
New Enterprise Associates 14	8.19 mm	$0.00	0.0%
Samberg Joseph D	6.50 mm	$0.00	+30.0%
CCUR CCUR	6.23 mm	$0.00	-32.6%
Subin Neil S	5.49 mm	$16.08 mm	0.0%
Kim	5.00 mm	$14.65 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
Fleming James B JR	0.00	-9.71 mm	EXIT
Telcom LMS	3.16 mm	-6.07 mm	-65.8%
Wood River Capital	1.68 mm	-3.32 mm	-66.5%
B. Riley FBR	3.09 mm	+3.09 mm	NEW
CCUR CCUR	6.23 mm	-3.01 mm	-32.6%
Samberg Joseph D	6.50 mm	+1.50 mm	+30.0%
Vanguard	2.82 mm	+1.08 mm	+62.3%
STT State Street	1.03 mm	+1.03 mm	NEW
Whitefort Capital Management	983.93 k	+960.00 k	+4011.4%
RILY B. Riley Financial	3.09 mm	+842.55 k	+37.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

NN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
15 Mar 23	Arun Raghupathy	Common Stock	Grant	Acquire A	No	No	0	20,904	0.00	1,133,580
15 Mar 23	Arun Raghupathy	Common Stock	Grant	Acquire A	No	No	0	139,276	0.00	1,112,676
15 Mar 23	Arun Raghupathy	Stock Option Common Stock	Grant	Acquire A	No	No	2.96	233,935	692.45 k	512,995
15 Mar 23	Christian D. Gates	Common Stock	Grant	Acquire A	No	No	0	21,693	0.00	760,801
15 Mar 23	Christian D. Gates	Common Stock	Grant	Acquire A	No	No	0	139,276	0.00	739,108
15 Mar 23	Christian D. Gates	Stock Option Common Stock	Grant	Acquire A	No	No	2.96	233,935	692.45 k	410,365
15 Mar 23	David L. Knutson	Common Stock	Grant	Acquire A	No	No	0	21,693	0.00	729,640
15 Mar 23	David L. Knutson	Common Stock	Grant	Acquire A	No	No	0	139,276	0.00	707,947
15 Mar 23	David L. Knutson	Stock Option Common Stock	Grant	Acquire A	No	No	2.96	233,935	692.45 k	396,021
15 Mar 23	Sammaad Shams	Common Stock	Grant	Acquire A	No	No	0	18,344	0.00	54,965