Nexalin Technology, Inc. financial data

Symbol
NXL, NXLIW on Nasdaq
Location
Houston, TX
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2025 - Nov 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 850 % +1.54%
Quick Ratio 32.9 % -22.7%
Debt-to-equity 12.4 % +1.89%
Return On Equity -207 % -10.6%
Return On Assets -185 % -10.4%
Operating Margin -5.64K % -40.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 17.6M shares +37.2%
Common Stock, Shares, Outstanding 18.2M shares +41.4%
Entity Public Float 10.2M USD +105%
Common Stock, Value, Issued 18.2K USD +41.4%
Weighted Average Number of Shares Outstanding, Basic 17.8M shares +64%
Weighted Average Number of Shares Outstanding, Diluted 17.8M shares +64%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 157K USD -3.18%
Cost of Revenue 47.8K USD +39.4%
Research and Development Expense 1.6M USD +204%
General and Administrative Expense 2.86M USD +42.4%
Operating Income (Loss) -8.85M USD -36.1%
Nonoperating Income (Expense) 175K USD -81.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -8.68M USD +7.03%
Net Income (Loss) Attributable to Parent -8.68M USD -56.2%
Earnings Per Share, Basic 0 USD/shares -3.08%
Earnings Per Share, Diluted 0 USD/shares -3.08%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 590K USD +625%
Accounts Receivable, after Allowance for Credit Loss, Current 7.93K USD -47.8%
Inventory, Net 160K USD +1.17%
Assets, Current 4.82M USD -1.84%
Property, Plant and Equipment, Net 100 USD -84.3%
Operating Lease, Right-of-Use Asset 496 USD -92%
Intangible Assets, Net (Excluding Goodwill) 309K USD +23.9%
Other Assets, Noncurrent 54.4K USD
Assets 5.13M USD -2.5%
Accounts Payable, Current 67.5K USD -59.5%
Accrued Liabilities, Current 290K USD +118%
Liabilities, Current 358K USD +19.4%
Liabilities 358K USD +19.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -631 USD -94.2%
Retained Earnings (Accumulated Deficit) -90.5M USD -10.6%
Stockholders' Equity Attributable to Parent 4.77M USD -3.82%
Liabilities and Equity 5.13M USD -2.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.43M USD -86.9%
Net Cash Provided by (Used in) Financing Activities -200K USD
Net Cash Provided by (Used in) Investing Activities 1.47M USD +102%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 18.2M shares +41.4%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 590K USD +625%
Deferred Tax Assets, Valuation Allowance 5.75M USD +46.7%
Deferred Tax Assets, Gross 5.75M USD +46.7%
Operating Lease, Liability 4.46K USD -91.9%
Depreciation 134 USD 0%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -8.68M USD -55.2%
Lessee, Operating Lease, Liability, to be Paid 4.5K USD -92.3%
Operating Lease, Liability, Current 4.46K USD -91.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.5K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.5K USD -91.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 33 USD -98.9%
Deferred Tax Assets, Operating Loss Carryforwards 5M USD +42.7%
Operating Lease, Payments 64.1K USD +9.57%
Additional Paid in Capital 95.2M USD +9.78%
Amortization of Intangible Assets 5.47K USD +30%
Interest Expense -9.9K USD -156%