Nixxy, Inc. 2024 10-K: $1.51B Assets, $6.66M Liabilities
Ticker: NIXXW · Form: 10-K · Filed: Mar 31, 2025 · CIK: 1462223
| Field | Detail |
|---|---|
| Company | Nixxy, Inc. (NIXXW) |
| Form Type | 10-K |
| Filed Date | Mar 31, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, financials, subsequent-events, company-name-change
Related Tickers: RCRT
TL;DR
Nixxy's 2024 10-K shows $1.51B assets vs $6.66M liabilities. Big asset base, low debt.
AI Summary
Nixxy, Inc. filed its 10-K for the fiscal year ending December 31, 2024, reporting total assets of $1.51 billion and total liabilities of $6.66 million. The company, formerly known as Recruiter.com Group, Inc., is incorporated in Nevada and operates in computer programming services. Nixxy, Inc. also disclosed several subsequent events, including an asset purchase agreement executed on March 1, 2025.
Why It Matters
This filing provides a comprehensive overview of Nixxy, Inc.'s financial health and operational status as of the end of fiscal year 2024, including significant asset and liability figures and recent corporate actions.
Risk Assessment
Risk Level: low — The filing indicates a low risk level due to the company's substantial assets relative to its liabilities.
Key Numbers
- $1.51B — Total Assets (As of December 31, 2024)
- $6.66M — Total Liabilities (As of December 31, 2024)
- 2024-12-31 — Fiscal Year End (Reporting period)
Key Players & Entities
- Nixxy, Inc. (company) — Filer
- Recruiter.com Group, Inc. (company) — Former company name
- 1.51 billion (dollar_amount) — Total assets
- 6.66 million (dollar_amount) — Total liabilities
- March 1, 2025 (date) — Asset Purchase Agreement date
- Logiq Inc (company) — Mentioned in relation to selling and marketing expense
FAQ
What were Nixxy, Inc.'s total revenues for the fiscal year ended December 31, 2024?
The provided text does not explicitly state the total revenues for the fiscal year ended December 31, 2024. It lists figures like 1433903 and 15086476, but their labels are not clear enough to confirm they represent revenue.
What is the nature of the asset purchase agreement mentioned as a subsequent event?
The filing mentions an 'Asset Purchase Agreement Member' associated with a subsequent event on March 1, 2025, but the specific details of the agreement are not provided in this excerpt.
When did Nixxy, Inc. change its name from Recruiter.com Group, Inc.?
Nixxy, Inc. changed its name from Recruiter.com Group, Inc. on May 10, 2019.
What is Nixxy, Inc.'s primary business activity?
Nixxy, Inc. operates in 'SERVICES-COMPUTER PROGRAMMING SERVICES' with the Standard Industrial Classification code 7371.
Are there any significant debt-related disclosures in the subsequent events?
The filing mentions 'FormerDebtholderMember' in relation to a subsequent event on January 2, 2025, suggesting potential debt-related activities, but specific details are not provided in this excerpt.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 31, 2025 regarding Nixxy, Inc. (NIXXW).