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Nexalin Technology, Inc. NXL

Nasdaq · stock · Electromedical & Electrotherapeutic Apparatus · website · IPO 2022-09-16

Nexalin Technology, Inc. financials (annual)

Revenue
$144065 $1.3M $110748 $168721 $301647 20212022202320242025
Net income
-$6.1M -$1.7M -$4.6M -$7.6M -$8.2M 20212022202320242025
Free cash flow
20212022202320242025

Bars are annual figures from 2021 to 2025; red bars are negative (a loss or cash outflow).

MetricFY2025FY2024FY2023FY2022FY2021
Revenue$301,647$168,721$110,748$1.3M$144,065
Gross profit$240,274$132,128$85,060$958,145$122,623
R&D expense$1.1M$1.2M$1.9M$511,000$139,000
SG&A expense$4.4M$4.2M$1.9M$1.5M$5.2M
Operating income-$8.4M-$7.8M-$5.7M-$1.8M-$6.0M
Interest expense-$8,240-$3,193$38,835$59,382$82,319
Net income-$8.2M-$7.6M-$4.6M-$1.7M-$6.1M
EPS (diluted)$-0.50$-0.83$-0.63$-0.30
Operating cash flow-$5.0M-$3.9M-$3.8M-$2.2M-$1.1M
Cash & equivalents$654,783$574,485$580,230$162,743$661,778
Inventory$131,473$174,578$156,420$154,370$31,410
Total assets$4.6M$4.2M$3.6M$7.4M$753,698
Total liabilities$887,333$546,694$425,281$2.0M$2.4M
Shareholders' equity$3.7M$3.7M$3.2M$5.5M-$1.7M

Growth · year-over-year · Revenue CAGR 20.3%

MetricFY2025FY2024FY2023FY2022FY2021
Revenue growth+78.8%+52.3%-91.6%+817.2%

Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.