Financial Performance - For Q3 2025, Nixxy, Inc. reported revenue of $31.9 million, a significant increase of $31.8 million or 23387% compared to $0.1 million in Q3 2024, primarily driven by telecommunications services [268]. - For the nine-month period ended September 30, 2025, revenue was $46.8 million, an increase of $46.3 million or 9416% compared to $0.5 million in the same period of 2024, mainly due to telecommunications services [277]. - The net loss for Q3 2025 was $2.2 million, a reduction from a net loss of $13.3 million in Q3 2024 [276]. - Net loss from continuing operations decreased to $2.2 million for the nine months ended September 30, 2025, compared to a net loss of $11.0 million in the same period of 2024 [285]. - The company has incurred net losses and negative operating cash flows since inception, with a net loss of $10.9 million for the nine months ended September 30, 2025 [297]. - Adjusted EBITDA loss for the nine months ended September 30, 2025, was $5.7 million, an improvement from a loss of $124,596 in 2024 [290]. Operating Expenses - Total operating expenses for Q3 2025 reached $34.1 million, an increase of $28.5 million or 505% from $5.6 million in Q3 2024, due to higher amortization, cost of revenue, and product development expenses [270]. - Operating expenses for the nine-month period ended September 30, 2025, totaled $56.4 million, an increase of $48.4 million or 604% from $8.0 million in the corresponding period in 2024 [279]. - General and administrative expenses were $7.5 million for the nine months ended September 30, 2025, compared to $7.1 million in 2024, with non-cash stock-based compensation accounting for $3.6 million in 2025 and $5.1 million in 2024 [283]. - Product development expenses increased to $229 thousand for the nine months ended September 30, 2025, from $32 thousand in 2024, primarily due to higher hosting and data expenses [281]. - Non-cash amortization charges for intangible assets rose to $1.6 million in 2025 from $0.8 million in 2024 [282]. Cash Flow and Financing - Net cash used in operating activities was $4.1 million for the nine months ended September 30, 2025, compared to $1.7 million in 2024 [291]. - Net cash provided by financing activities was $2.0 million for the nine months ended September 30, 2025, primarily from $1.8 million in cash received from the sale of common stock [294]. - As of September 30, 2025, the company had approximately $0.1 million in cash on hand, insufficient to meet working capital needs for the next 12 months [296]. - Future operations are expected to be funded through additional securities offerings, as equity offerings have been the primary source of liquidity to date [299]. Strategic Developments - Nixxy, Inc. secured a $2.0 million revolving growth facility in September 2025 to fund expansion efforts, with a fixed conversion feature priced at $2.00 per share [266]. - The company completed the acquisition of Everythink Innovations' carrier and edge data center assets, adding an estimated $48 million of annual recurring revenue (ARR) exposure [265]. - Significant development progress was made on the Leadnova platform, which entered User Acceptance Testing in Q4 2025, with a commercial launch targeted for early 2026 [266]. - The company is undergoing a strategic transformation, including the planned spin-out of recruitment-related businesses to CognoGroup, which is expected to hold key technology assets [254]. Revenue Recognition - Marketplace advertising revenues are recognized on a gross basis when advertising is placed and displayed, with payments typically due within 30 days of service completion [305]. - Consulting and staffing services revenues are recognized when services are rendered, with payments typically due within 90 days of service completion [306]. - Auralink recognizes revenue for SMS and VoiceIP transmission services at the point of delivery confirmation, acting as principal in these transactions [307]. - Contract liabilities arise when customers have paid for services but revenue recognition criteria have not yet been met [308]. Accounting Standards and Practices - Goodwill is tested for impairment annually or when indicators suggest fair value may be below carrying value, with assessments based on qualitative and quantitative factors [311][313]. - Stock-based compensation is measured at grant date fair value and recognized over the service or vesting period, requiring significant judgment in estimating various factors [316]. - The FASB issued ASU 2023-07 to improve reportable segment disclosures, effective for annual periods beginning after December 15, 2023 [318]. - ASU 2023-09 aims to enhance income tax disclosures, effective January 1, 2025 [319]. - ASU 2024-03 requires detailed disaggregation of expenses in the income statement, effective for fiscal years beginning after December 15, 2026 [320].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2025 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number: 001-40563 NIXXY, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporat ...

Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ☐ No ☒ For the quarterly period ended: March 31, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number: 001-40563 ___________ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 000-53641 NIXXY, INC. (Exact Name of Registrant as Specified in Its Charter) Nevada 90-1505893 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Emplo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2024 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________: Commission file number: 001-40563 RECRUITER.COM GROUP, INC. (Exact name of registrant as specified in its charter) Nevada 90-1505893 (State or other jurisdicti ...

123 Farmington Avenue, Suite 252 Bristol, CT 06010 (Address of Principal Executive Offices) (Zip Code) For the fiscal year ended December 31, 2023 (855) 931-1500 (Registrant's telephone number, including area code) Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2023 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________: Commission file number: 001-40563 RECRUITER.COM GROUP, INC. (Exact name of registrant as specified in its charter) Nevada 90-1505893 (State or other jurisd ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2023 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________: Commission file number: 001-40563 RECRUITER.COM GROUP, INC. (Exact name of registrant as specified in its charter) Nevada 90-1505893 (State or other jurisdictio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2023 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________: Commission file number: 001-40563 RECRUITER.COM GROUP, INC. (Exact name of registrant as specified in its charter) Nevada 90-1505893 (State or other jurisdicti ...

(Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K Commission File Number 000-53641 RECRUITER.COM GROUP, INC. (Exact Name of Registrant as Specified in Its Charter) | Nevada | 90-1505893 | | --- | --- | | (State or Other Jurisdiction of | (I.R.S ...