Nano Magic Inc. financial data

Symbol
NMGX on OTC
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
10-Q - Q2 2024 - Aug 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 88.7 % -32.5%
Quick Ratio 55.3 % -34.5%
Debt-to-equity 328 % +103%
Return On Equity -439 % -148%
Return On Assets -102 % -51.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 14M shares +13.4%
Common Stock, Shares, Outstanding 13.7M shares +22.6%
Entity Public Float 1M USD -10.8%
Common Stock, Value, Issued 1.37K USD +22.7%
Weighted Average Number of Shares Outstanding, Basic 13.6M shares +23.7%
Weighted Average Number of Shares Outstanding, Diluted 13.6M shares +23.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.57M USD -13.4%
Cost of Revenue 2.46M USD -5.98%
Research and Development Expense 77.1K USD +320%
Selling and Marketing Expense 338K USD +3.28%
General and Administrative Expense 1.06M USD +29.9%
Operating Income (Loss) -3.02M USD -7.4%
Nonoperating Income (Expense) -105K USD -165%
Net Income (Loss) Attributable to Parent -3.12M USD -17.9%
Earnings Per Share, Basic -0.25 USD/shares 0%
Earnings Per Share, Diluted -0.25 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 100K USD -71.6%
Inventory, Net 751K USD -28.4%
Assets, Current 941K USD -36.9%
Property, Plant and Equipment, Net 386K USD -18.3%
Operating Lease, Right-of-Use Asset 728K USD -22.8%
Other Assets, Noncurrent 5.89K USD 0%
Assets 2.32M USD -34.2%
Accounts Payable, Current 763K USD +338%
Contract with Customer, Liability, Current 160K USD +269%
Liabilities, Current 1.75M USD +27.8%
Operating Lease, Liability, Noncurrent 456K USD -27.6%
Liabilities 2.35M USD -2.18%
Retained Earnings (Accumulated Deficit) -16.6M USD -23.2%
Stockholders' Equity Attributable to Parent -32.3K USD -103%
Liabilities and Equity 2.32M USD -34.2%

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 13.7M shares +22.6%
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 71.9K USD +263%
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 631K 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 174K USD +13.5%
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 16.5M USD +13.5%
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%