NextNRG, Inc.

Good morning and welcome to the Next Energy, Inc. Second Quarter 2025 Earnings Conference Call. All participants are in a listen-only mode. After today's presentation, we will conduct a question and answer session. Should you need assistance, please signal a conference specialist by pressing star then zero on your telephone keypad. Please note this event is being recorded. I would now like to turn the conference over to Jeff Ramson. Please go ahead.

Thank you and good morning. Joining us today are Michael Farkas, our Chief Executive Officer and Executive Chairman, and Joel Kleiner, Chief Financial Officer. Before we begin, I'd like to remind you that today's remarks include forward-looking statements. These are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Please refer to our filings with the SEC, including our most recent Form 10-K and Form 10-Q, for full discussion of these risks. With that, I'll turn the call over to Michael.

Thank you, Jeff, and welcome, everyone. I'd also like to welcome the many new shareholders who have joined us recently. Thank you for coming on this journey with us. This quarter represents a key moment in our growth story. It's a time when execution, commercial traction and platform development are coming together and where we can share how Next Energy is delivering on its vision. Our mission is to build a fully integrated energy platform, powered by AI and backed by our patented technology, connecting fueling, electrification, storage, and grid orchestration to deliver smarter, more resilient infrastructure for commercial and institutional customers. This includes on-site mobile fueling, AI-powered microgrids for local generation and battery storage, wireless in motion EV charging, and the next utility operating system, which is our AI software layer that tires all systems together. This is about building infrastructure that works, systems that are intelligent, efficient, and built to meet the real operational needs of today's energy users. Q2 execution highlights. Number one, easy fill expansion. Following our investment in 99 new trucks, we've expanded to 15 metro markets, up from 10. In Q2 alone, we generated $19.7 million in revenues, bringing us to $36 million for the first half of 2025. That already exceeds our full year 2024 volume of $27.7 million. EasyFill's model is working. We enter a new market with a Fortune 50 anchor client, build operational density, and drive efficiency through route optimization and local logistics. We then expand deeper into that market off the heels of that anchor client. It's a blueprint we're continuing to scale. Number two, our smart microgrid traction. What's exciting is how our broader energy platform is gaining traction with many of our existing trusted client relationships. It's demonstrating our platform's value going beyond fuel and into AI-enabled modern energy solutions. A Fortune 50 Easy-Fill customer focused on a renewable transformation project. They asked us for a proposal to install a full smart microgrid solution integrating solar, battery storage, and on-site generation. In the future, we expect this client to benefit from our wireless in-motion charging capabilities, delivering 100% uptime for their fulfillment equipment inside their facilities. In California, we're making progress on several healthcare deployments. Our AI-driven smart microgrid platform will integrate natural gas generators with solar panels and battery storage to provide both resilience and significant cost savings. These engagements show that the flywheel is starting to turn and that we can extend customer value way beyond traditional fueling. We're growing our commercial pipeline. We're actively working with our sales team and consultants to expand our reach across both our existing fleet client base and new commercial, municipal, and institutional targets. This pipeline is increasingly diverse and both behind the meter and in front of the meter. We're building off long-term partnerships, not just one-off installs. Our utility operating system, it continues to draw interest from utilities and governments. The sales cycles are longer than our other products, but this model generates long and recurring revenues. Average contracts will be about 25 to 30 years in duration, providing long visibility in contractual recurring revenues. We will continue to update you on their progress in future communications. Number four is our wireless in-motion charging. Our wireless EV charging continues to move towards commercialization. We're building the technical foundation and partnership ecosystem to create a path to scale when we go live. With applications in fulfillment, logistics, and fleet depots, We will continue to invest in this capability and make consistent progress with the goal of going live in 2026. Number five, tariffs and the big beautiful bill. We're cognizant that investors are focused on the impacts of tariffs and the big beautiful bill. We want to take this opportunity to clarify that our equipment and parts are manufactured here in Florida. Yes, made in the great U.S. of A. By working with strong local partners, we're able to manage supply chain timelines and cost risks while accelerating delivery on our pipeline. This will help us to meet certain criteria to benefit from the big, beautiful build. Strategic focus. Looking ahead, our execution priorities are clear. Expand our easy-fill footprint centered around our anchor clients in each market. Scale deployments of smart microgrids and battery storage. cross-sell infrastructure into our existing client base, advance commercialization of wireless charging, and drive efficiency in our operations and capital structure. We're building carefully with discipline, and we're seeing clear signals of traction. Next Energy is not just a fueling company, and it's not just a clean energy company. It's a platform built for resilience, built for integration, and built to scale with the needs of real operators. We're early, but we're building with purpose, and we're grateful for your belief in the opportunity ahead. With that, I'll turn it over to Joel for the financial review.