NEXTNAV INC. files 10-Q

NextNav Inc. reported a net loss of $10.6 million for the first quarter of 2026, a significant improvement from the $58.6 million net loss in the same period of 2025, driven by favorable changes in the fair value of derivative liabilities. The company's cash and cash equivalents and marketable securities totaled $143.0 million as of March 31, 2026, which management believes is sufficient to meet working capital needs for the next 12 months.