Nexalin Technology, Inc. financial data

Symbol
NXL, NXLIW on Nasdaq
Industry
Electromedical & Electrotherapeutic Apparatus
Location
1776 Yorktown, Suite 550, Houston, TX
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 837 % +104%
Quick Ratio 42.5 % +272%
Debt-to-equity 12.2 % -61.5%
Return On Equity -188 % -77.9%
Return On Assets -167 % -109%
Operating Margin -4.01K % -7.73%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 12.9M shares +73%
Common Stock, Shares, Outstanding 12.9M shares +73%
Entity Public Float 4.99M USD
Common Stock, Value, Issued 12.9K USD +72.9%
Weighted Average Number of Shares Outstanding, Basic 10.8M shares +46.3%
Weighted Average Number of Shares Outstanding, Diluted 10.8M shares +46.3%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 162K USD +26%
Cost of Revenue 34.3K USD +25.6%
Research and Development Expense 525K USD -76.2%
Operating Income (Loss) -6.5M USD -35.7%
Nonoperating Income (Expense) 944K USD +336%
Net Income (Loss) Attributable to Parent -5.55M USD -20.8%
Earnings Per Share, Basic -0.65 USD/shares +25.8%
Earnings Per Share, Diluted -0.65 USD/shares +25.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 81.4K USD -77.5%
Accounts Receivable, after Allowance for Credit Loss, Current 15.2K USD +4.75%
Inventory, Net 158K USD -0.15%
Assets, Current 4.91M USD +15.1%
Property, Plant and Equipment, Net 100 USD -84.3%
Operating Lease, Right-of-Use Asset 496 USD -92%
Intangible Assets, Net (Excluding Goodwill) 249K USD
Other Assets, Noncurrent 54.4K USD
Assets 5.26M USD +18.6%
Accounts Payable, Current 167K USD +130%
Accrued Liabilities, Current 133K USD -78.1%
Liabilities, Current 299K USD -75%
Operating Lease, Liability, Noncurrent 4.46K USD -90.9%
Liabilities 299K USD -75%
Accumulated Other Comprehensive Income (Loss), Net of Tax -325 USD -141%
Retained Earnings (Accumulated Deficit) -81.8M USD -7.28%
Stockholders' Equity Attributable to Parent 4.96M USD +53.2%
Liabilities and Equity 5.26M USD +18.6%

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
Net Cash Provided by (Used in) Investing Activities 729K USD -52.2%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 12.9M shares +73%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 81.4K USD -77.5%
Deferred Tax Assets, Valuation Allowance 3.92M USD +16.1%
Deferred Tax Assets, Gross 3.92M USD +16.1%
Operating Lease, Liability 4.46K USD -91.9%
Depreciation 134 USD 0%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -5.59M USD -23.2%
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 13.5K USD 0%
Additional Paid in Capital 86.8M USD +9.15%
Interest Expense 17.8K USD -119%