Nexalin Technology, Inc. financial data

Symbol
NXL, NXLIW on Nasdaq
Industry
Electromedical & Electrotherapeutic Apparatus
Location
1776 Yorktown, Suite 550, Houston, Texas
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 10, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 464 %
Quick Ratio 19 %
Debt-to-equity 26 %
Return On Equity -155 % -170%
Return On Assets -123 %
Operating Margin -3.77K % -1634%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.44M shares +2.06%
Common Stock, Shares, Outstanding 7.44M shares +2.06%
Entity Public Float 4.99M USD
Common Stock, Value, Issued 7.44K USD +2.06%
Weighted Average Number of Shares Outstanding, Basic 7.44M shares +2.06%
Weighted Average Number of Shares Outstanding, Diluted 7.44M shares +2.06%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 159K USD -84.6%
Cost of Revenue 27.7K USD -91.4%
Research and Development Expense 1.96M USD +247%
Operating Income (Loss) -5.99M USD -168%
Nonoperating Income (Expense) 1.04M USD +466%
Net Income (Loss) Attributable to Parent -4.94M USD -141%
Earnings Per Share, Basic -0.67 USD/shares -40%
Earnings Per Share, Diluted -0.67 USD/shares -40%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 546K USD +212%
Accounts Receivable, after Allowance for Credit Loss, Current 3.67K USD +3.27%
Inventory, Net 154K USD -2.91%
Assets, Current 2.56M USD -56.4%
Property, Plant and Equipment, Net 100 USD -84.3%
Operating Lease, Right-of-Use Asset 496 USD -92%
Intangible Assets, Net (Excluding Goodwill) 169K USD
Assets 2.83M USD -52.2%
Accounts Payable, Current 152K USD +177%
Accrued Liabilities, Current 356K USD -40.5%
Liabilities, Current 507K USD -57.6%
Operating Lease, Liability, Noncurrent 4.46K USD -90.9%
Liabilities 507K USD -57.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -245 USD -101%
Retained Earnings (Accumulated Deficit) -78.1M USD -6.76%
Stockholders' Equity Attributable to Parent 2.33M USD -50.9%
Liabilities and Equity 2.83M USD -52.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -763K USD +41.9%
Net Cash Provided by (Used in) Financing Activities -200K USD -102%
Net Cash Provided by (Used in) Investing Activities 729K USD -52.2%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 7.44M shares +2.06%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 546K USD +212%
Deferred Tax Assets, Valuation Allowance 3.92M USD +16.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 3.92M USD +16.1%
Operating Lease, Liability 4.46K USD -91.9%
Depreciation 503 USD -5.98%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -5.02M USD -154%
Lessee, Operating Lease, Liability, to be Paid 4.5K USD -92.3%
Operating Lease, Liability, Current 4.46K USD -91.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.5K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.5K USD -91.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 33 USD -98.9%
Deferred Tax Assets, Operating Loss Carryforwards 3.5M USD +7.62%
Operating Lease, Payments 54K USD 0%
Additional Paid in Capital 80.4M USD +3.31%
Interest Expense -304 USD -103%