Current price: 1.52

O/S: 35M
Float: 31M (around 10% of this is short)
Cash: $2M

Revenue: ~$12M/year
Profit: Net loss of around $1M

Website: nxt-id.com

What they do:  Technology and security for IOT (internet of things)

Some past events:
Not much exciting: nxt-id.com/media
Spike in volume in December, but it topped out at 400k (not significant)
Price quadrupled on that volume

Last time they had an event like this was back in December 2017 and from what I can tell that move was based on debt maturity getting delayed by a year.

Only reason I see for this recent spike is that two investors put $2M into the company in an offering at $1.32 when the price was around 0.40: sec.report/Document/0001213900...

...which leads one to ask "Why?"

Upcoming events:
Alert on top of website says "New site update coming soon. Stay tuned."
On January 15, 2021 they will vote on a reverse split of some size, between 1:3 to 1:15

Thoughts:
The investors paying 3x the market price is odd (though it did have some sweetners like warrants and such) and is what this is moving on.
With them doing a reverse split of some sort - despite having a pretty small number of shares outstanding, if they DID have something planned (maybe the 'new website' is a hint?), the moment would be after the reverse split and tiny float.  They'd get a little short squeeze out of the 10% short float, as well.  So this could move - but only if they finally announce something interesting.

I have no position here, but will be watching to see what they're up to.