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NSFDF on OTC

NXT Energy Solutions Inc.

In its 2026 annual report (Form 20-F) the company says: “We are a technology company focused on providing a service to oil and natural gas exploration clients using our proprietary SFD ® remote sensing airborne survey system.”4 It is headquartered in Calgary, Canada.2 Its shares trade on OTC under the symbol NSFDF.2

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Last updated Oct 21, 2026.

Overview

Compare with ZION OIL & GAS INC or DAWSON GEOPHYSICAL CO, or pick any stock.

  • TickerNSFDF on OTC2
  • IndustryOil & Gas Field Exploration Services2
  • HeadquartersCalgary, Canada2
  • Incorporated inAlberta, Canada3
  • Business address3320 - 17Th Avenue Sw, Suite 302, Calgary, T3E 0B4, A0 900353
  • Filer categoryNon-accelerated filer3
  • Legal formAlberta Business Corporation2
  • LEI2549001INH3V9R37PI812
  • StatusActive2
  • LEI statusIssued and current2
  • Registered address400 3RD AVENUE SW, T2P 4H2 Calgary, Canada2
  • Registered withMinistry of Service Alberta, 20107309152

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We are a technology company focused on providing a service to oil and natural gas exploration clients using our proprietary SFD ® remote sensing airborne survey system. SFD ® and NXT ® are both registered trademarks of NXT Energy Solutions Inc.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

-99.7%Net margin5
2195.0%Revenue growth, 20215
-17.2%Return on equity6
0.05×Debt to equity5
-$1.0MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

Africa brought in 82% of the revenue NXT Energy Solutions Inc. broke down this way in fiscal 2025.

  1. Africa13.5M CAD782%
  2. Asia2.9M CAD718%up 348% from 2024
Regions by year
Regions202320242025
Africa0 CAD0 CAD13.5M CAD
Asia2.1M CAD644.3K CAD2.9M CAD

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Other costs99¢$3.1M
  • Interest1¢$38.0K

Out of $3.1M in revenue.5 The company lost money this year.

Financial statements

Revenue85$3.1M in 2021
0$5.0M$10.0M$15.0M2018: $0$020182019: $12.0M$12.0M20192020: $136.6K$136.6K2020−99%2021: $3.1M$3.1M2021+2195%
Net income5-$3.1M in 2021
-$7.5M-$5.0M-$2.5M0$2.5M$5.0M2019: $3.8M$3.8M20192020: -$6.0M-$6.0M20202021: -$3.1M-$3.1M2021−48%

Every line of the income statement as filed: the last 3 fiscal years, latest first.7

Period ending2025-12-312024-12-312023-12-31
SFD related revenue (Note 24)16.4M CAD644.3K CAD2.1M CAD
SFD related costs, net5.8M CAD2.0M CAD2.2M CAD
General and administrative expenses (Notes 18, 25)4.3M CAD4.0M CAD3.4M CAD
Amortization1.9M CAD1.9M CAD1.8M CAD
Operating expenses12.0M CAD8.0M CAD7.4M CAD
Interest expense, net516.8K CAD750.6K CAD160.3K CAD
Foreign exchange loss (gain)-32.9K CAD574.1K CAD-8.0K CAD
Loss on remeasurement of convertible debentures (Note 11)5.4M CAD296.5K CAD0 CAD
Other (Note 19)260.9K CAD146.3K CAD15.9K CAD
Total other expenses (income)6.2M CAD1.8M CAD168.1K CAD
Loss before income taxes-1.8M CAD-9.1M CAD-5.5M CAD
Income tax expense (Note 20)497.0K CAD0 CAD0 CAD
Net loss and comprehensive loss-2.3M CAD-9.1M CAD-5.5M CAD
Basic-0.02 CAD-0.12 CAD-0.07 CAD
Diluted-0.02 CAD-0.12 CAD-0.07 CAD

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Corporate structure

NXT Energy Solutions Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of NXT Energy Solutions Inc.

  • NXT Energy Solutions Inc. Calgary, Alberta, Canada

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

Former names

  • ENERGY EXPLORATION TECHNOLOGIES /Jun 30, 2000 to Sep 22, 20083
  • PINNACLE OIL INTERNATIONAL INCAug 31, 1998 to May 15, 20003

Timeline

  1. Oct 24, 2003Founded NXT Energy Solutions Inc. is founded2

Filings

147 filings to the SEC since October 2021: 6 annual reports, 2 large holders, 139 other. The latest 20:

  1. Oct 14, 20266-K EDGAR
  2. Aug 10, 20266-K EDGAR
  3. Aug 10, 20266-K EDGAR
  4. Jul 6, 20266-K EDGAR
  5. Jun 12, 20266-K FORM 8-K EDGAR
  6. Jun 10, 20266-K EDGAR
  7. Jun 10, 20266-K EDGAR
  8. May 21, 20266-K EDGAR
  9. May 15, 20266-K FORM 8-K EDGAR
  10. May 6, 20266-K EDGAR
  11. May 1, 20266-K EDGAR
  12. Apr 30, 202620-F EDGAR
  13. Apr 20, 20266-K EDGAR
  14. Apr 8, 20266-K EDGAR
  15. Apr 7, 20266-K EDGAR
  16. Apr 1, 20266-K EDGAR
  17. Dec 23, 20256-K EDGAR
  18. Dec 11, 20256-K EDGAR
  19. Dec 11, 20256-K EDGAR
  20. Nov 26, 20256-K EDGAR

The 147 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How NXT Energy Solutions Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARNXT Energy Solutions Inc.1
  • CIK0001009922
  • Employer ID (EIN)61-11269041
  • Filer statusNon-accelerated filer not an emerging growth company; not a shell company4
  • Incorporated inCanada4
  • Fiscal year endsDecember 311
  • Industry code (SIC)1382 Oil & Gas Field Exploration Services1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address3320 - 17Th Avenue Sw, Suite 302, Calgary, T3E 0B4, A0 900351
  • Phone403-264-70201
  • Shares outstanding119,487,040 shares as of Apr 29, 20264
  • AuditorMNP LLP, Calgary Alberta, Canada PCAOB ID 1930; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceApr 14, 19981
  • Filings618 in all: 6-K (421), 10-Q (23), 20-F (20), 8-K (20), 4 (19), SC 13G (14), DEF 14A (9), 10-K (8)1
    All 37 form types

    10-Q/A (7), 10-K/A (6), 3 (6), SC 13G/A (6), 20-F/A (4), 8-K/A (4), NT 10-K (4), NT 10-Q (4), S-8 (4), 5 (3), D (3), NT 20-F (3), SC 13D (3), SC 13D/A (3), 10-12G (2), 10-12G/A (2), 4/A (2), 6-K/A (2), CORRESP (2), F-7 (2), RW (2), SCHEDULE 13D/A (2), UPLOAD (2), 10QSB (1), F-1 (1), F-2 (1), F-2/A (1), NTN 10Q (1), REGDEX/A (1)

  • Latest filingsAnnual report (20-F) Apr 30, 2026
    Quarterly report (10-Q) May 15, 2006
    Proxy statement (DEF 14A) Jun 14, 2005
    Latest 8-K (8-K) Aug 14, 2006

Sources

The numbers on this page point here. Each one links to the record it came from.

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