Nano Magic Inc. financial data

Symbol
NMGX on OTC
Industry
Coating, Engraving & Allied Services
Location
31601 Research Park Drive, Madison Heights, Michigan, Michigan
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Nano Magic Holdings Inc. (to 2/2/2023), PEN INC. (to 2/26/2020), Applied Nanotech Holdings, Inc (to 8/29/2014), NANO PROPRIETARY INC (to 6/30/2008), NANO PROPRIETARY INC (to 11/5/2007), SI DIAMOND TECHNOLOGY INC (to 7/1/2003)
Latest financial report
Q1 2024 - May 21, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 104 % -32.6%
Quick Ratio 64.3 % -33.1%
Debt-to-equity 235 % +84.8%
Return On Equity -295 % -219%
Return On Assets -88.1 % -116%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 13.6M shares +18.7%
Common Stock, Shares, Outstanding 13.5M shares +24.4%
Entity Public Float 1M USD -10.8%
Common Stock, Value, Issued 1.35K USD +24.4%
Weighted Average Number of Shares Outstanding, Basic 13.4M shares +25.1%
Weighted Average Number of Shares Outstanding, Diluted 13.4M shares +25.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.67M USD -3.26%
Cost of Revenue 2.31M USD -10.2%
Research and Development Expense 61.8K USD +307%
Selling and Marketing Expense 343K USD -7.21%
General and Administrative Expense 1.06M USD +38.2%
Operating Income (Loss) -2.9M USD +2.16%
Nonoperating Income (Expense) -50.8K USD -137%
Net Income (Loss) Attributable to Parent -2.95M USD -74.4%
Earnings Per Share, Basic -0.25 USD/shares -56.3%
Earnings Per Share, Diluted -0.25 USD/shares -56.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 143K USD -59.1%
Inventory, Net 780K USD -26.1%
Assets, Current 1.19M USD -24.8%
Property, Plant and Equipment, Net 410K USD -18.1%
Operating Lease, Right-of-Use Asset 796K USD -19.7%
Other Assets, Noncurrent 5.89K USD 0%
Assets 2.86M USD -22.7%
Accounts Payable, Current 763K USD +338%
Contract with Customer, Liability, Current 160K USD +269%
Liabilities, Current 1.56M USD +5.01%
Operating Lease, Liability, Noncurrent 517K USD -24.4%
Liabilities 2.23M USD -12.2%
Retained Earnings (Accumulated Deficit) -15.7M USD -23%
Stockholders' Equity Attributable to Parent 627K USD -45.7%
Liabilities and Equity 2.86M USD -22.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -476K USD -57.1%
Net Cash Provided by (Used in) Financing Activities 50.1K USD -39.3%
Net Cash Provided by (Used in) Investing Activities 87.7K USD +410%
Common Stock, Shares Authorized 30M shares 0%
Common Stock, Shares, Issued 13.5M shares +24.4%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -338K USD -66.3%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 527K USD +103%
Interest Paid, Excluding Capitalized Interest, Operating Activities 12.4K USD +747%
Deferred Tax Assets, Valuation Allowance 4.37M USD +21.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 4.37M USD +21.3%
Operating Lease, Liability 684K USD
Payments to Acquire Property, Plant, and Equipment 12.3K USD +336%
Lessee, Operating Lease, Liability, to be Paid 865K USD
Operating Lease, Liability, Current 167K USD +13.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 221K USD +3.42%
Lessee, Operating Lease, Liability, to be Paid, Year One 214K USD +3.54%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 116K USD -35.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 228K USD +3.31%
Deferred Tax Assets, Operating Loss Carryforwards 3.87M USD +14.1%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100K shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 175K USD -23.2%
Additional Paid in Capital 16.4M USD +17.3%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 26.9K USD -5.03%
Share-based Payment Arrangement, Expense 2.81K USD -97.1%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%