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
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%