Nextech3D.AI loses $482,000 in fiscal Q2

Mr. Evan Gappelberg reports NEXTECH3D.AI REPORTS STRONG 20% Q2 SEQUENTIAL REVENUE GROWTH WITH GROSS MARGINS OF 88% FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2025 ("Q2 2026") Nextech3D.AI Corp. has released its financial results for the quarter ended Sept. 30, 2025. 20-per-cent sequential quarter-over-quarter growth marks a new growth curve driven by the company's AI event suite (Q2 versus Q1 2025) Nextech3D.AI delivered solid quarter-over-quarter sequential performance, underscoring the continued strength of its high-margin event technology business. Revenue increased 20 per cent sequentially, rising to $390,755 in Q2 2025, up from $325,000 in Q1 2025 marking the beginning of a new growth curve; Deferred revenue up 186-plus per cent year over year from $203,000 to $521,000; Gross margins remained strong at 88 per cent, supported by higher contributions from the Map D platform and continued AI-driven workflow efficiencies; The company maintained disciplined cost controls, driving operational leverage and improved profitability. Year-over-year comparison (September, 2025, versus September, 2024) While total revenue declined 48 per cent year over year from $756,476 in 2024 to $390,755 in 2025, this reduction reflects the planned conclusion of Nextech's Amazon 3-D modelling contract in Q4 2024. This strategic transition allowed the company to fully refocus on its higher-margin AI and event-technology ecosystem, which is now driving sustainable growth and profitability. Key year-over-year highlights: Gross margin expansion: increased to 88 per cent, up from 71 per cent, representing a 17-point improvement; Operating loss reduced by 65 per cent: narrowed to $439,000, from $1.25-million in 2024; Net loss reduced by 63 per cent: improved to $482,000, compared with $1.31-million last year; Deferred revenue growth: rose 186 per cent to $582,000, from $203,000 in 2024, reflecting secured multiyear customer contracts and strong adoption of the Map D platform; Total assets up 92-plus per cent: grew to $2.17-million, from $1.13-million a year earlier; Accounts payable down 32 per cent: reduced to $3.0-million, from $4.4-million, demonstrating disciplined cash management and operational efficiency. Strategic growth outlook The acquisition of Eventdex, which closed in Q3 2025, marks the acceleration of Nextech3D.AI's next growth phase. Eventdex generated approximately $700,000 in revenue in 2024 and brings a strong customer base, complementary product suite and recurring revenue model. Together with Map D, the combined companies now serve over 550 customers, creating opportunities to cross-sell products across a unified event technology ecosystem that includes registration, ticketing, mobile apps, floor mapping, AI matchmaking and blockchain ticketing. CEO commentary -- Evan Gappelberg, chief executive officer of Nextech3D.AI: "This quarter's results show meaningful progress on all fronts - profitability, margins, and recurring revenue. The conclusion of our Amazon contract in Q4 2024 was a strategic turning point that allowed us to fully commit to our AI-first event technology model. With Eventdex now integrated and demand accelerating, we see a clear path to sustainable growth through 2026 and beyond." "With improved gross margins to 90 per cent, operating costs cut by more than 60 per cent, we narrowed our net loss by over 70 per cent and believe we have now firmly set the stage for profitability. These results reflect the discipline, focus and hard work of our team as we have streamlined operations and prioritized scalable, high-value product lines and revenue growth." About Nextech3D.AI Corp. Nextech3D.AI is an AI-first technology company developing advanced solutions for event management, 3-D modelling and spatial computing. Through its flagship Map D and Eventdex platforms, Nextech3D.AI powers thousands of events annually with interactive floor mapping, registration, ticketing, mobile apps, AI matchmaking, and now blockchain ticketing and accreditation. We seek Safe Harbor.