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Nitrogen's -1 oxidation state is found in compounds like hydrazine (N2H4). While not as common as its other oxidation states, it's stable due to the formation of a single covalent bond between two nitrogen atoms, creating a relatively strong N-N bond. Each nitrogen atom achieves a stable octet configuration by sharing electrons with the other nitrogen and the hydrogen atoms. However, it's important to note that hydrazine is a reactive compound and can be unstable under certain conditions.