NEXGEL, INC. Income Statement
NXGL|3 years of annual SEC 10-K data (FY2023-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 3 fiscal years. All figures from audited SEC 10-K filings.
NEXGEL, INC. reported $9M in revenue and $3M in net loss for FY2025. Revenue has grown at a 106.0% compound annual rate over the past 2 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.18 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $8.7M | $4.1M | $2.0M |
| Cost of Revenue | $5.9M | $3.7M | $1.8M |
| Gross Profit | $2.7M | $374.0K | $256.0K |
| SG&A Expense | $6.2M | $3.7M | $3.2M |
| R&D Expense | $78.0K | $103.0K | $367.0K |
| Operating Income | -$3.6M | -$3.5M | -$3.3M |
| Interest Expense | - | - | $1.3M |
| Net Income | -$3.3M | -$3.2M | -$4.7M |
| EPS (Basic) | -$0.50 | -$0.56 | -$0.85 |
| EPS (Diluted) | -$0.50 | -$0.56 | -$0.85 |
| Shares Outstanding | 7.6M | 5.7M | 5.6M |
| Gross Margin | 31.6% | 9.2% | 12.5% |
| Operating Margin | -40.9% | -85.0% | -163.5% |
| Profit Margin | -37.8% | -77.2% | -231.7% |