Nexalin Technology, Inc. (NXL) Financials

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Last update: 07:00 PM EST
Day's range
$0.43
Day's range
$0.46

NXL Income statement / Annual

Last year (2025), Nexalin Technology Inc's total revenue was $301.65 K, an increase of 78.78% from the previous year. In 2025, Nexalin Technology Inc's net income was -$8.22 M. See Nexalin Technology Inc,s key income statements, including revenue, expenses, profit, and income.

Period FY-2025 FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019
Period Ended 12/31/2025 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Operating Revenue $301.65 K $168.72 K $110.75 K $1.32 M $144.07 K $242.91 K $207.38 K
Cost of Revenue $61.37 K $36.59 K $25.69 K $363.21 K $21.44 K $29.04 K $218.21 K
Gross Profit $240.27 K $132.13 K $85.06 K $958.15 K $122.62 K $213.88 K -$10.83 K
Gross Profit Ratio 0.8 0.78 0.77 0.73 0.85 0.88 -0.05
Research and Development Expenses $1.08 M $1.19 M $1.92 M $511.00 K $139.00 K $0.00 $0.00
General & Administrative Expenses $7.55 M $966.82 K $574.60 K $2.79 M $6.14 M $3.47 M $78.13 K
Selling & Marketing Expenses $0.00 $5.73 M $3.28 M $0.00 $0.00 $0.00 $1.38 M
Selling, General & Administrative Expenses $7.55 M $6.70 M $3.86 M $2.79 M $6.14 M $3.47 M $1.46 M
Other Expenses $0.00 -$116.00 -$189.00 -$511.00 K -$139.00 K $0.00 $0.00
Operating Expenses $8.63 M $7.89 M $5.78 M $2.79 M $6.14 M $3.47 M $1.46 M
Cost And Expenses $8.69 M $7.92 M $5.81 M $3.15 M $6.16 M $3.50 M $1.67 M
Interest Income $8.24 K $3.19 K $0.00 $0.00 $0.00 $0.00 $80.99 K
Interest Expense $0.00 $0.00 $38.84 K $59.38 K $82.32 K $78.68 K $80.99 K
Depreciation & Amortization $21.54 K $15.11 K $4.25 K $5.72 K $537.00 $429.00 $535.00
EBITDA -$8.20 M -$7.59 M -$4.61 M -$1.63 M -$6.00 M -$3.32 M -$1.47 M
EBITDA Ratio -27.19 -45 -41.59 -1.24 -41.61 -13.69 -7.07
Operating Income Ratio -27.82 -45.96 -51.43 -1.39 -41.78 -13.41 -7.07
Total Other Income/Expenses Net $168.70 K $147.46 K $1.05 M $135.22 K -$59.40 K -$145.08 K -$3.56 M
Income Before Tax -$8.22 M -$7.61 M -$4.65 M -$1.70 M -$6.08 M -$3.40 M -$5.02 M
Income Before Tax Ratio -27.26 -45.09 -41.98 -1.28 -42.19 -14.01 -24.21
Income Tax Expense $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Net Income -$8.22 M -$7.61 M -$4.65 M -$1.70 M -$6.08 M -$3.40 M -$5.02 M
Net Income Ratio -27.26 -45.09 -41.98 -1.28 -42.19 -14.01 -24.21
EPS -0.5 -0.83 -0.63 -0.23 -0.83 -0.47 -0.69
EPS Diluted -0.5 -0.83 -0.63 -0.23 -0.83 -0.47 -0.69
Weighted Average Shares Out $16.39 M $9.22 M $7.36 M $7.29 M $7.28 M $7.28 M $7.28 M
Weighted Average Shares Out Diluted $16.39 M $9.22 M $7.36 M $7.29 M $7.28 M $7.28 M $7.28 M
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