nextnav’s (formerly known as commlabs) is the developer of a next generation location enabling technology that brings accurate location service, with carrier-grade reliability, into buildings and urban areas where satellite-based gps signals can’t reach. nextnav is deploying a dedicated, wide-area terrestrial network exclusively for the provision of location information with “store level / floor level” accuracy across an entire metropolitan area. every element of the network, including its nationwide licensed spectrum, is designed, owned and operated by nextnav for this express purpose.
Company profile
Ticker
NN
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Spartacus Acquisition Shelf Corp.
SEC CIK
Corporate docs
Subsidiaries
Spartacus Acquisition Corp. • 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 ...
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Latest filings (excl ownership)
8-K
NextNav Files FCC Petition for Rulemaking, Following Court’s Approval of Previously Announced
16 Apr 24
DEFA14A
Additional proxy soliciting materials
28 Mar 24
DEF 14A
Definitive proxy
28 Mar 24
PRE 14A
Preliminary proxy
18 Mar 24
8-K
Departure of Directors or Certain Officers
15 Mar 24
S-8
Registration of securities for employees
13 Mar 24
10-K
2023 FY
Annual report
13 Mar 24
8-K
NextNav Inc. Reports Fourth Quarter and Full Year 2023 Results
13 Mar 24
8-K
NextNav To Acquire Additional Lower 900 MHz Band Spectrum Licenses
11 Mar 24
8-K
NextNav Announces Appointment of John Muleta to Board of Directors
22 Jan 24
Transcripts
NN
Earnings call transcript
2023 Q3
8 Nov 23
NN
Earnings call transcript
2023 Q2
9 Aug 23
NN
Earnings call transcript
2023 Q1
10 May 23
NN
Earnings call transcript
2022 Q4
22 Mar 23
NN
Earnings call transcript
2022 Q3
12 Nov 22
NN
Earnings call transcript
2022 Q2
10 Aug 22
NN
Earnings call transcript
2022 Q1
14 May 22
NN
Earnings call transcript
2021 Q4
24 Mar 22
Latest ownership filings
144
Notice of proposed sale of securities
17 Apr 24
144
Notice of proposed sale of securities
16 Apr 24
144
Notice of proposed sale of securities
15 Apr 24
SC 13D/A
Frischer Charles L
15 Apr 24
144
Notice of proposed sale of securities
12 Apr 24
4
NEIL S SUBIN
29 Mar 24
4
GARY PARSONS
29 Mar 24
4
JOHN B MULETA
29 Mar 24
4
Alan B Howe
29 Mar 24
4
BANDEL L CARANO
29 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
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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) | 90.13 mm | 90.13 mm | 90.13 mm | 90.13 mm | 90.13 mm | 90.13 mm |
Cash burn (monthly) | (no burn) | (no burn) | 7.73 mm | 5.81 mm | 2.90 mm | 3.04 mm |
Cash used (since last report) | n/a | n/a | 51.15 mm | 38.43 mm | 19.16 mm | 20.13 mm |
Cash remaining | n/a | n/a | 38.98 mm | 51.70 mm | 70.97 mm | 70.00 mm |
Runway (months of cash) | n/a | n/a | 5.0 | 8.9 | 24.5 | 23.0 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 84 |
Opened positions | 16 |
Closed positions | 8 |
Increased positions | 20 |
Reduced positions | 21 |
13F shares | Current |
---|---|
Total value | 202.74 bn |
Total shares | 122.70 mm |
Total puts | 52.10 k |
Total calls | 517.90 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
Presutti Timothy M. | 15.09 mm | $60.82 mm |
FIG Fortress Investment | 14.18 mm | $72.88 bn |
OSI Capital Management | 12.59 mm | $28.20 mm |
Columbia Capital IV | 9.71 mm | $0.00 |
Goldman Sachs Asset Management | 8.95 mm | $78.42 mm |
NEA Management | 8.19 mm | $42.09 bn |
New Enterprise Associates 14 | 8.19 mm | $0.00 |
Samberg Joseph D | 6.50 mm | $0.00 |
CCUR CCUR | 6.23 mm | $0.00 |
Subin Neil S | 5.49 mm | $16.08 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
29 Mar 24 | Subin Neil S | Common Stock | Grant | Acquire A | No | No | 0 | 3,221 | 0.00 | 130,448 |
29 Mar 24 | Gary Parsons | Common Stock | Grant | Acquire A | No | No | 0 | 12,389 | 0.00 | 1,462,373 |
29 Mar 24 | John B Muleta | Common Stock | Grant | Acquire A | No | No | 0 | 2,010 | 0.00 | 13,353 |
29 Mar 24 | Howe Alan B | Common Stock | Grant | Acquire A | No | No | 0 | 3,469 | 0.00 | 173,217 |
29 Mar 24 | Carano Bandel L | Common Stock | Grant | Acquire A | No | No | 0 | 2,973 | 0.00 | 150,124 |
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Press releases
NextNav Lays Out New Vision for Complement and Backup to GPS with Additional Spectrum for Broadband Services
16 Apr 24
NextNav Inc. Announces 2024 Annual Meeting of Stockholders
12 Apr 24
NextNav To Acquire Additional Lower 900 MHz Band Spectrum Licenses
11 Mar 24
NextNav Announces Date for Fourth Quarter and Full Year 2023 Earnings Call
6 Mar 24
NextNav Announces Appointment of John Muleta to Board of Directors
22 Jan 24