Nexalin Technology, Inc. Income Statement
NXL|4 years of annual SEC 10-K data (FY2022-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 4 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$168,721
FY2025
Gross Profit
$132,128
78.3% gross margin
Operating Income
-$8M
FY2025
Net Income
-$8M
FY2025
Nexalin Technology, Inc. reported $168,721 in revenue and $8M in net loss for FY2025. Revenue has grown at a 5.4% compound annual rate over the past 3 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $168.7K | $110.7K | $1.3M | $144.1K |
| Cost of Revenue | $36.6K | $25.7K | $363.2K | $21.4K |
| Gross Profit | $132.1K | $85.1K | $958.1K | $122.6K |
| SG&A Expense | $4.2M | $1.9M | $1.5M | $5.2M |
| R&D Expense | $1.2M | $1.9M | $511.0K | $139.0K |
| Operating Income | -$7.8M | -$5.7M | -$1.8M | -$6.0M |
| Interest Expense | -$3.2K | $38.8K | $59.4K | $82.3K |
| Net Income | -$7.6M | -$4.6M | -$1.7M | -$6.1M |
| EPS (Basic) | -$0.83 | -$0.63 | -$0.30 | - |
| EPS (Diluted) | -$0.83 | -$0.63 | -$0.30 | - |
| Shares Outstanding | 13.3M | 7.4M | 7.3M | 4.9M |
| Gross Margin | 78.3% | 76.8% | 72.5% | 85.1% |
| Operating Margin | -4596.1% | -5143.5% | -138.7% | -4177.7% |
| Profit Margin | -4508.7% | -4197.6% | -128.5% | -4218.9% |