Nexalin Technology, Inc. (NXL) — Financial statements
Income statement, balance sheet, and cash flow for Nexalin Technology, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 0.30↑78.8% | 0.17↑52.3% | 0.11↓91.6% | 1↑817.2% | 0.14 | |
| Cost of Revenue | 0.06↑67.7% | 0.04↑42.5% | 0.03↓92.9% | 0.36↑1593.9% | 0.02 | |
| Gross Profit | 0.24↑81.8% | 0.13↑55.3% | 0.09↓91.1% | 0.96↑681.4% | 0.12 | |
| Operating Expenses | ||||||
| R&D Expenses | 1↓9.0% | 1↓38.0% | 2↑276.1% | 0.51↑267.6% | 0.14 | |
| General & Administrative Expenses | 8↑680.7% | 0.97↑68.3% | 0.57↓79.4% | 3↓54.6% | 6 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 6↑74.4% | 3 | 0.00 | 0.00 | |
| SG&A Expenses | 8↑12.7% | 7↑73.5% | 4↑38.3% | 3↓54.6% | 6 | |
| Other Expenses | 0.00↑100.0% | -0.00↑38.6% | -0.00↑100.0% | -0.51↓267.6% | -0.14 | |
| Operating Expenses | 9↑9.4% | 8↑36.4% | 6↑107.1% | 3↓54.6% | 6 | |
| Total Costs & Expenses | 9↑9.7% | 8↑36.4% | 6↑84.1% | 3↓48.8% | 6 | |
| Operating Results | ||||||
| Operating Income | -8↓8.2% | -8↓36.1% | -6↓210.8% | -2↑69.5% | -6 | |
| Depreciation & Amortization | 0.02↑42.6% | 0.02↑255.1% | 0.00↓25.7% | 0.01↑965.7% | 0.00 | |
| EBITDA | -8↓8.1% | -8↓36.0% | -6↓211.5% | -2↑69.5% | -6 | |
| EBIT | -8↓8.2% | -8↓36.1% | -6↓210.8% | -2↑69.4% | -6 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.01↑158.1% | 0.00↑108.2% | -0.04↑34.6% | -0.06↑27.9% | -0.08 | |
| Interest Income | 0.01↑158.1% | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.00 | 0.00↓100.0% | 0.04↓34.6% | 0.06↓27.9% | 0.08 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00↑100.0% | -0.02 | |
| Other Income / Expenses | 0.17↑14.4% | 0.15↓85.9% | 1↑674.8% | 0.14↑327.6% | -0.06 | |
| Income Before Tax | -8↓8.1% | -8↓63.6% | -5↓173.8% | -2↑72.1% | -6 | |
| Income Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -8↓8.1% | -8↓63.6% | -5↓173.8% | -2↑72.1% | -6 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -8↓8.1% | -8↓63.6% | -5↓173.8% | -2↑72.1% | -6 | |
| Bottom-Line Net Income | -8↓8.1% | -8↓63.6% | -5↓173.8% | -2↑72.1% | -6 | |
| EPS (Basic) | -0.50↑39.8% | -0.83↓31.7% | -0.63↓173.9% | -0.23↑72.3% | -0.83 | |
| EPS (Diluted) | -0.50↑39.8% | -0.83↓31.7% | -0.63↓173.9% | -0.23↑72.3% | -0.83 | |
| Weighted Average Shares | 16↑77.9% | 9↑25.3% | 7↑1.0% | 7↑0.1% | 7 | |
| Weighted Average Diluted Shares | 16↑77.9% | 9↑25.3% | 7↑1.0% | 7↑0.1% | 7 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.