Recent Updates — NXNT

Nexscient, Inc. completed its acquisition of Flipside Digital Content Company, Inc., a data engineering firm serving automotive OEMs and autonomous vehicle programs, on April 1, 2026. The aggregate consideration was $2,609,694, consisting of $600,000 in cash, a $379,694 present value seller convertible promissory note (convertible at $0.75 per share), and 6,520,000 restricted shares valued at $1,630,000. Additionally, the company issued 326,000 restricted shares worth $81,500 as a broker fee. Flipside AI recorded net revenues of approximately $2.48 million in 2025 but incurred a net loss of $174,777. Anthony De Luna, Flipside's founder and CEO, joined Nexscient as a director and CTO. The company operates in the technology sector, providing data curation and annotation services for artificial intelligence systems.

Nexscient filed an 8-K on August 17, 2026, to disclose its 2026 Letter to Shareholders and a related press release. The letter highlights the April 1, 2026 acquisition of Flipside AI, which added over 350 employees and approximately $2.5 million in 2025 revenue. The company secured new engagements in humanoid robotics, autonomous mobility, and autonomous vehicles, and completed two financing rounds raising $1.53 million. Leadership changes include the appointment of Anthony De Luna as CTO and Jaime Fanlo as an independent director. Nexscient is developing TaskAlpha and AlphaCortex platforms and preparing for a potential Nasdaq uplisting. The company operates in the artificial intelligence sector, providing data collection and annotation services for embodied intelligence applications.