Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF, FRA:1SS) earlier this week reported that it has achieved a major financial milestone, confirming it has reached cash flow positive status for the first time in the company’s history.

In an interview with Proactive, CEO Evan Gappelberg said the milestone marks a turning point for the company, which as recently as 2024 had been positioned as a turnaround story focused on cost reductions and operational survival. He noted that Nextech3D.ai is now generating more cash than it spends, eliminating the need for external financing and enabling the business to self-fund its operations.

Proactive: The company out with pretty significant news today that you've been able to hit another milestone with the company, announcing that you're soon to be cash flow positive. So, obviously a big moment for the company.

Evan Gappelberg: Actually, we are cash flow positive. The news is that we actually hit the milestone. Nextech has gone cash flow positive today, but we're going to have full implementation of our AI cost cutting, which is going to happen May 1st. So we're cash flow positive today, but as of May 1st, 2026, our annualized cost savings run rate is going to reach about $400,000.

It is a time to celebrate. This has been a long journey. Back in 2024, Nextech was a turnaround story where we were cutting costs and struggling for survival. Now, just two years later, we’ve achieved being cash flow positive as a company.

How did you get there? What strategic moves allowed you to reach this point?

It’s been a lot of hard work. We invested heavily in AI, made acquisitions like EventDex and Krafty, optimized our business, and turned ourselves into an AI-first company. AI is taking over some of the workload, which is part of a broader trend across tech companies.

Being cash flow positive means we are generating more cash than we’re spending. This is the first time in Nextech’s history that we do not need external financing. It’s a shift from raising capital to being able to self-fund the business.

Now that we’ve reached this milestone, the next step is scaling the business. That’s when it gets really exciting for shareholders.

We’ve also announced expansion of our blockchain-based ticketing platform, including support for fiat payments like Google Pay and Apple Pay, which is now production ready.

We’re over the first hurdle as a public company. Now we’re focused on scaling revenue beyond $10 million, $20 million, $50 million, and $100 million.

And that’s going to be the focus for the foreseeable future?

That is the focus. We’re ramping up and seeing more business coming in. The goal is to become a leader in the $1.5 trillion event tech space using AI.

From an investor standpoint, we’ve de-risked Nextech’s future. The question used to be whether the company would need to raise more money. Now that’s off the table. The focus is on scaling revenue and expanding the business.

Quotes have been lightly edited for style and clarity