Nexalin Technology, Inc. financial data

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

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 850% % 1.5%
Quick Ratio 33% % -23%
Debt-to-equity 12% % 1.9%
Return On Equity -207% % -11%
Return On Assets -185% % -10%
Operating Margin -5641% % -41%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 17,647,130 shares 37%
Common Stock, Shares, Outstanding 18,189,606 shares 41%
Entity Public Float $10,228,303 USD 105%
Common Stock, Value, Issued $18,190 USD 41%
Weighted Average Number of Shares Outstanding, Basic 17,793,828 shares 64%
Weighted Average Number of Shares Outstanding, Diluted 17,793,828 shares 64%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $156,931 USD -3.2%
Cost of Revenue $47,840 USD 39%
Research and Development Expense $1,595,823 USD 204%
General and Administrative Expense $2,855,833 USD 42%
Operating Income (Loss) $8,853,110 USD -36%
Nonoperating Income (Expense) $175,048 USD -81%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $8,678,062 USD 7%
Net Income (Loss) Attributable to Parent $8,678,910 USD -56%
Earnings Per Share, Basic 0 USD/shares -3.1%
Earnings Per Share, Diluted 0 USD/shares -3.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $590,075 USD 625%
Accounts Receivable, after Allowance for Credit Loss, Current $7,925 USD -48%
Inventory, Net $160,225 USD 1.2%
Assets, Current $4,817,378 USD -1.8%
Intangible Assets, Net (Excluding Goodwill) $308,562 USD 24%
Other Assets, Noncurrent $54,414 USD
Assets $5,125,940 USD -2.5%
Accounts Payable, Current $67,493 USD -59%
Accrued Liabilities, Current $290,031 USD 118%
Liabilities, Current $357,524 USD 19%
Liabilities $357,524 USD 19%
Accumulated Other Comprehensive Income (Loss), Net of Tax $631 USD -94%
Retained Earnings (Accumulated Deficit) $90,490,866 USD -11%
Stockholders' Equity Attributable to Parent $4,768,416 USD -3.8%
Liabilities and Equity $5,125,940 USD -2.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $1,426,214 USD -87%
Net Cash Provided by (Used in) Investing Activities $1,473,758 USD 102%
Common Stock, Shares Authorized 100,000,000 shares 0%
Common Stock, Shares, Issued 18,189,606 shares 41%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $590,075 USD 625%
Deferred Tax Assets, Valuation Allowance $5,748,000 USD 47%
Deferred Tax Assets, Gross $5,748,000 USD 47%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $8,679,216 USD -55%
Deferred Tax Assets, Operating Loss Carryforwards $4,999,000 USD 43%
Operating Lease, Payments $64,100 USD 9.6%
Additional Paid in Capital $95,241,723 USD 9.8%
Amortization of Intangible Assets $5,473 USD 30%
Interest Expense $9,904 USD -156%