NXT Energy Solutions Inc. NSFDF
Annual
Quarterly
FY2021 · ended Dec 31, 2021 · Revenue $3.13M · Filed May 2, 2022
NXT Energy Solutions Inc. (NSFDF) files with the SEC under industry code 1382, Oil & Gas Field Exploration Services. In fiscal 2021, which ended Dec 31, 2021, it reported revenue of $3.1 million and a net loss of $3.1 million. Free cash flow was -$1.0 million. As of Dec 31, 2021 it held $2.8 million in cash and investments and $1.5 million in total debt.
Revenue
$3.13M
Net income
$-3.12M
Operating cash flow
$-1.03M
+82.9% vs prior year
Free cash flow
$-1.03M
+82.9% vs prior year
EPS
$-0.05
Dividend per share
None
Shares outstanding
79.48M
+1.7% vs prior year
Net cash
$1.27M
FY 2021
Operating margin
—
Company profile
- Industry
- Oil & Gas Field Exploration Services (SIC 1382)
- Listed as
- NSFDF (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- Alberta, Canada
- Headquarters
- Calgary, T3E 0B4, Alberta, Canada
- SEC filer status
- Non-accelerated filer
- SEC CIK
- 1009922
- Former names
- ENERGY EXPLORATION TECHNOLOGIES / (until Sep 22, 2008); PINNACLE OIL INTERNATIONAL INC (until May 15, 2000)
Other Oil & Gas Field Exploration Services companies
- Pembina Pipeline Corp PBA
- Zion Oil & Gas Inc ZNOG
- Dawson Geophysical Co DWSN
- ReoStar Energy CORP REOS
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2021 Dec 31, 2021 |
FY 2018 Dec 31, 2018 |
|---|---|---|
| Revenue | $3.1M | $0 |
| Net income | -$3.1M | — |
| Diluted EPS | -$0.05 | — |
| Operating cash flow | -$1.0M | -$6.0M |
| Free cash flow | -$1.0M | -$6.1M |
| Total assets | $21.6M | $25.3M |
| Total liabilities | $3.4M | $1.1M |
| Stockholders' equity | $18.2M | $26.8M |
| Cash and investments | $2.8M | $4.2M |
| Total debt | $1.5M | — |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Oct 14, 2026 | Oct 14, 2026 |
| 6-K | Current report (foreign issuer) | Aug 10, 2026 | Jun 30, 2026 |
| 6-K | Current report (foreign issuer) | Aug 10, 2026 | Aug 6, 2026 |
| 6-K | Current report (foreign issuer) | Jul 6, 2026 | Jul 2, 2026 |
| 6-K | Current report (foreign issuer) | Jun 12, 2026 | Jun 12, 2026 |
| 6-K | Current report (foreign issuer) | Jun 10, 2026 | Jun 9, 2026 |
All 618 NXT Energy Solutions Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.