Investor Fact Sheet
Investment Highlights
- Record growth and revenues in 2012 and again in 2015
- Massive potential market – global exploration, and SFD® can be utilized both onshore and offshore
- High margin business – proprietary technology, no direct competitors
- Expanding industry acceptance – large NOC clients such as PEMEX (Mexico) and YPFB (Bolivia)
- Capacity to expand – business is not highly capital intensive, allows ability to grow from current levels
- SFD® data library sales – an as yet an untapped potential new revenue source
NXT Capital Structure
| (updated as of March 31, 2016) | in millions | |
| Common shares - issued and outstanding | 53.5 | |
| Convertible Preferred shares (convert on 1:1 basis, mature Dec 31, 2015) |
-- | |
| Additional shares reserved for exercise of outstanding | ||
| Stock Options (average exercise price $1.26) | 3.3 | |
| Fully diluted number of shares | 56.8 | |
| Directors & Officers / Insiders ownership position | Basic | 36 % |
| Fully Diluted | 37 % | |
| Debt outstanding | minimal |
All convertible preferred shares were converted by NXT on a 1 for 1 basis to common shares effective August 31, 2015.