Nexalin Technology, Inc. financial data

Symbol
NXL, NXLIW on Nasdaq
Industry
Electromedical & Electrotherapeutic Apparatus
Location
1776 Yorktown, Suite 550, Houston, TX
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 488 % +15.1%
Quick Ratio 26.2 % +165%
Debt-to-equity 23.1 % -24.9%
Return On Equity -214 % -351%
Return On Assets -173 % -379%
Operating Margin -4.27K % -939%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.6M shares +42.4%
Common Stock, Shares, Outstanding 7.59M shares +4.12%
Entity Public Float 4.99M USD
Common Stock, Value, Issued 7.59K USD +4.12%
Weighted Average Number of Shares Outstanding, Basic 7.5M shares +2.9%
Weighted Average Number of Shares Outstanding, Diluted 7.5M shares +2.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 150K USD -76.9%
Cost of Revenue 25.6K USD -87.8%
Research and Development Expense 1.99M USD +191%
Operating Income (Loss) -6.41M USD -140%
Nonoperating Income (Expense) 1M USD +292%
Net Income (Loss) Attributable to Parent -5.4M USD -122%
Earnings Per Share, Basic -0.73 USD/shares -54.5%
Earnings Per Share, Diluted -0.73 USD/shares -54.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 849K USD +266%
Accounts Receivable, after Allowance for Credit Loss, Current 11.7K USD -18.2%
Inventory, Net 145K USD -9.29%
Assets, Current 1.18M USD -76.9%
Property, Plant and Equipment, Net 100 USD -84.3%
Operating Lease, Right-of-Use Asset 496 USD -92%
Intangible Assets, Net (Excluding Goodwill) 226K USD
Other Assets, Noncurrent 54.4K USD
Assets 1.56M USD -69.8%
Accounts Payable, Current 87.1K USD +79.7%
Accrued Liabilities, Current 125K USD -79.3%
Liabilities, Current 212K USD -82.1%
Operating Lease, Liability, Noncurrent 4.46K USD -90.9%
Liabilities 212K USD -82.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -245 USD -101%
Retained Earnings (Accumulated Deficit) -79.4M USD -7.31%
Stockholders' Equity Attributable to Parent 1.35M USD -66.2%
Liabilities and Equity 1.56M USD -69.8%

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 7.59M shares +4.12%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 849K USD +266%
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 -5.47M USD -134%
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 80.7M USD +3.59%
Interest Expense -66 USD -101%