Nano Magic Inc. financial data

Symbol
NMGX on OTC
Location
Michigan, MI
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2024 - 19 Nov 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 75% % -34%
Quick Ratio 48% % -35%
Debt-to-equity 524% % 154%
Return On Equity -871% % -275%
Return On Assets -140% % -84%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 14,408,674 shares
Common Stock, Shares, Outstanding 14,408,674 shares 10457%
Common Stock, Value, Issued $1,441 USD 20%
Weighted Average Number of Shares Outstanding, Basic 14,028,240 shares 24%
Weighted Average Number of Shares Outstanding, Diluted 14,028,240 shares 24%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $2,554,915 USD -9.5%
Cost of Revenue $2,503,479 USD 0.26%
Research and Development Expense $76,357 USD 100%
Selling and Marketing Expense $352,434 USD 15%
General and Administrative Expense $1,043,857 USD 23%
Operating Income (Loss) $3,806,230 USD -31%
Nonoperating Income (Expense) $25,877 USD -124%
Net Income (Loss) Attributable to Parent $3,832,107 USD -37%
Earnings Per Share, Basic 0 USD/shares -12%
Earnings Per Share, Diluted 0 USD/shares -12%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current $248,810 USD -23%
Inventory, Net $719,949 USD -27%
Assets, Current $1,040,845 USD -34%
Property, Plant and Equipment, Net $360,202 USD -20%
Operating Lease, Right-of-Use Asset $675,988 USD -23%
Assets $2,294,906 USD -34%
Liabilities, Current $1,930,811 USD 25%
Operating Lease, Liability, Noncurrent $409,720 USD -30%
Liabilities $2,439,803 USD -4.6%
Retained Earnings (Accumulated Deficit) $17,982,437 USD -27%
Stockholders' Equity Attributable to Parent $144,897 USD -115%
Liabilities and Equity $2,294,906 USD -34%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $476,043 USD -57%
Net Cash Provided by (Used in) Financing Activities $50,058 USD -39%
Net Cash Provided by (Used in) Investing Activities $87,656 USD 410%
Common Stock, Shares Authorized 30,000,000 shares 0%
Common Stock, Shares, Issued 14,408,674 shares 20%
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 $338,329 USD -66%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $38,688 USD -69%
Interest Paid, Excluding Capitalized Interest, Operating Activities $12,437 USD 747%
Operating Lease, Liability $589,344 USD
Payments to Acquire Property, Plant, and Equipment $12,344 USD 336%
Operating Lease, Liability, Current $179,624 USD 13%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100,000 shares 0%
Additional Paid in Capital $17,836,099 USD 18%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization $26,877 USD -5%
Share-based Payment Arrangement, Expense $2,809 USD -97%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%