Core Insights - NEXE Innovations Inc. has shipped 315,000 BPI-certified compostable coffee pods year-to-date, indicating strong repeat demand and SKU expansion [1][2] Group 1: Product and Market Expansion - The orders were fulfilled for ecoBeans Coffee and a North American office coffee services distributor, showcasing NEXE's growth in retail and commercial channels [2] - The shipments included 20 SKUs, with 8 being newly introduced products, highlighting product line expansion and deeper customer penetration [2] - NEXE's North American OCS distribution partner is exploring converting additional brands to the NEXE Pod platform, reflecting confidence in the technology as a scalable solution [2][3] Group 2: Revenue and Customer Engagement - NEXE is building a solid base of recurring revenue and engaging with multiple national coffee brands interested in transitioning to compostable coffee pods, indicating a growing interest in environmentally friendly solutions [3] - The company is experiencing an increase in inbound inquiries from potential customers as awareness of the NEXE Pod rises [3] Group 3: Product Features and Certification - The NEXE Pod is fully compostable and compatible with Keurig brewing systems, certified by the Biodegradable Products Institute (BPI) [4] - The pod meets strict North American standards for industrial compostability, including disintegration, biodegradation, and toxin-free composition [4]

WINDSOR, Ontario, Feb. 20, 2026 (GLOBE NEWSWIRE) -- NEXE Innovations Inc. ("NEXE", the "Company", "we", "us" or "our") (TSX.V: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, is pleased to announce it has shipped 315,000 BPI-certified compostable coffee pods year-to-date to two existing customers, reflecting accelerating repeat demand and SKU expansion. The orders were fulfilled for ecoBeans Coffee and a North American office coffee services (OCS) distributor, reinforcin ...

Core Insights - Wildpack Beverage Inc. has announced its third quarter financial results for 2025, ending September 30, 2025, and is exploring strategic alternatives [1] Financial Results - The company has filed unaudited financial results for the third quarter of 2025 [1]

Core Insights - NEXE Innovations Inc. has successfully completed a second delivery of over 300,000 BPI-certified compostable coffee pods to Bridgehead Coffee, part of a larger order of 1.2 million pods aimed at supporting Bridgehead's expansion into Costco stores [1][2][4] Company Overview - NEXE Innovations focuses on providing innovative compostable material solutions and packaging to the B2B segment, helping businesses achieve sustainability goals [6] - The company's flagship product, the NEXE Pod, is a BPI-certified compostable coffee pod that is designed to be a sustainable alternative to traditional single-use plastic pods [4][6] Product Details - The NEXE Pod is fully compostable, non-toxic, PFAS-free, and compatible with Keurig® brewers, showcasing the company's commitment to sustainability [4] - The company emphasizes its ability to execute large-scale orders and meet the sustainability expectations of both partners and consumers [4][2] Market Expansion - The recent shipment is part of Bridgehead's strategy to expand its coffee products into Costco stores in Quebec, indicating a growing market for NEXE's compostable coffee pods [2][4]

Core Insights - NEXE Innovations Inc. has successfully delivered over 300,000 BPI-certified compostable coffee pods to Bridgehead Coffee as part of a larger order of 1.2 million pods for Costco stores in Ontario [1][2][4] Group 1: Company Performance - The delivery marks a significant step in fulfilling Bridgehead's order and supports the rollout of their coffee products in Costco [2][4] - NEXE's commitment to meeting commercial demand and advancing sustainable packaging solutions is highlighted through this delivery [2][5] Group 2: Product Information - The NEXE Pod is a proprietary and patented compostable material that withstands heat, pressure, and water, making it a suitable alternative to plastic [6] - The NEXE Pod is compatible with major coffee brewing machines and is produced at NEXE's vertically integrated facility in North America [6]

Core Insights - NEXE Innovations Inc. has received a significant purchase order for 1.2 million compostable coffee pods from Bridgehead Coffee to support its launch at Costco [1][2] - The order represents a major commercial milestone for NEXE, highlighting the adoption of its proprietary pod technology [2][6] - The initial shipment consists of 625,000 BPI-certified compostable pods aimed at Ontario Costco stores, with further deliveries anticipated as the launch expands [2][6] Company Overview - NEXE Innovations specializes in compostable and innovative materials, focusing on providing sustainable solutions to the B2B segment [8] - The flagship product, the NEXE Pod, is a BPI-certified compostable coffee pod designed to be compatible with major coffee brewing machines and is manufactured in North America [8] - The company emphasizes its commitment to sustainability, offering products that are fully compostable, non-toxic, and PFAS-free [4][5] Partnership Details - Bridgehead Coffee, a Canadian company with over 40 years of experience, partnered with NEXE in 2024 to transition to NEXE's fully compostable pod format [5][6] - Under a two-year master manufacturing agreement, NEXE will produce Bridgehead's leading coffee blends in its proprietary pod [6]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Insights - NEXE Innovations Inc. reported financial results for the twelve-month and three-month period ended May 31, 2025, highlighting growth in revenue and product development in the compostable coffee pod market [1][6]. Financial Performance - Revenue increased to $307,543 in 2025, up from $149,264 in 2024, driven by sales to multiple commercial partners [6]. - Cost of goods sold rose to $780,028 in 2025 from $333,553 in 2024, influenced by new equipment coming online and non-cash expenses like depreciation [7][8]. - Selling, general, and administrative expenses increased to $3,989,112 in 2025 from $3,646,171 in 2024, primarily due to higher legal and professional costs [8]. - The company reported a net gain of $3,700,554 from the sale of its Surrey facility during the year ended May 31, 2024 [9]. Product Development and Market Position - NEXE has commercialized a BPI-certified compostable coffee pod and has developed over 50 SKUs, with an additional 10 expected soon [2][5]. - The company has entered into five collaborations with partners in the U.S. and Canada, receiving positive feedback on its compostable pod offerings [2][5]. - The NEXE pod is designed to provide a premium brewing experience and is positioned as an environmentally friendly alternative to conventional plastic pods [3]. Operational Strategy - NEXE is focused on increasing production volumes and scaling operations while maintaining a disciplined approach to capital management [4]. - As of the end of Q4 2025, the company had a cash position of $9.3 million and short-term investments totaling $3.0 million, with minimal debt of $396,741 related to an interest-free government loan [4][7]. Market Outlook - The company anticipates continued interest and consumer adoption of its fully compostable coffee pod as market awareness grows [5].

Core Insights - NEXE Innovations Inc. has reported significant growth in Q3 2025, surpassing one million compostable pods sold and more than doubling revenues compared to Q2 2025 [6][10] - The company is focusing on expanding its market presence in Canada while developing its strategy for the U.S. market, which is the largest for Keurig-compatible pods, with an annual market size of approximately 20 billion pods [2][6] - NEXE's proprietary compostable pods are designed to provide a better coffee experience while being environmentally friendly, with positive customer feedback and a diverse customer base across various channels [3][5] Financial Performance - For Q3 2025, NEXE reported revenues of $173,721, a significant increase from $24,927 in Q3 2024 [10] - The company maintains a strong cash position of $10.3 million and minimal debt of $378,252 related to an interest-free government loan [4][10] - NEXE's working capital as of February 28, 2025, was $12,901,201, showing a slight increase from $12,836,802 on May 31, 2024 [10] Strategic Partnerships and Market Expansion - NEXE has established four new partnerships, including a multi-year master manufacturing agreement, to enhance its market reach [6][10] - The company is actively working on testing and sampling Nespresso OriginalLine compostable pods, with a potential rollout expected later in 2025 [6][10] - NEXE is also exploring additional product development opportunities using its proprietary resin to target various industries beyond coffee [7][10] Operational Strategy - The company is focused on disciplined capital management and has plans to lower capital expenditures, with recent investments amounting to $179,777 [10] - NEXE has built a lean production team in Windsor and is expected to continue hiring as production ramps up [10] - The operational footprint and equipment are in place to meet the anticipated capacity for compostable coffee pods in the coming year [10]