Nano Magic Inc. financial data

Symbol
NMGX on OTC
Industry
Coating, Engraving & Allied Services
Location
31601 Research Park Drive, Madison Heights, Michigan, MI
State of incorporation
DE
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
10-Q - Q3 2024 - Nov 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 75.2 % -33.8%
Quick Ratio 47.8 % -34.6%
Debt-to-equity 524 % +154%
Return On Equity -871 % -275%
Return On Assets -140 % -84.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 14.4M shares
Common Stock, Shares, Outstanding 14.4M shares +10457%
Entity Public Float 1M USD -10.8%
Common Stock, Value, Issued 1.44K USD +20.5%
Weighted Average Number of Shares Outstanding, Basic 14M shares +24.2%
Weighted Average Number of Shares Outstanding, Diluted 14M shares +24.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.55M USD -9.46%
Cost of Revenue 2.5M USD +0.26%
Research and Development Expense 76.4K USD +100%
Selling and Marketing Expense 352K USD +14.6%
General and Administrative Expense 1.04M USD +22.7%
Operating Income (Loss) -3.81M USD -30.7%
Nonoperating Income (Expense) -25.9K USD -124%
Net Income (Loss) Attributable to Parent -3.83M USD -36.6%
Earnings Per Share, Basic -0.29 USD/shares -11.5%
Earnings Per Share, Diluted -0.29 USD/shares -11.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 249K USD -22.6%
Inventory, Net 720K USD -27.5%
Assets, Current 1.04M USD -33.8%
Property, Plant and Equipment, Net 360K USD -20.1%
Operating Lease, Right-of-Use Asset 676K USD -23%
Other Assets, Noncurrent 5.89K USD 0%
Assets 2.29M USD -34.4%
Accounts Payable, Current 763K USD +338%
Contract with Customer, Liability, Current 160K USD +269%
Liabilities, Current 1.93M USD +25.3%
Operating Lease, Liability, Noncurrent 410K USD -30.5%
Liabilities 2.44M USD -4.58%
Retained Earnings (Accumulated Deficit) -18M USD -27.1%
Stockholders' Equity Attributable to Parent -145K USD -115%
Liabilities and Equity 2.29M USD -34.4%

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 14.4M shares +20.4%
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 38.7K USD -68.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 12.4K USD +747%
Deferred Tax Assets, Valuation Allowance 4.37M USD +21.3%
Deferred Tax Assets, Gross 4.37M USD +21.3%
Operating Lease, Liability 589K 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 180K USD +13.3%
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 17.8M USD +18.2%
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%