Nexalin Technology Inc.

Nexalin Technology Inc.

NXL · NASDAQ · Healthcare / Medical Devices

1.48USD-0.01 (-0.67%)

Price History

Full chart

Market Stats

Previous Close1.49
Open1.36
Day Range1.35 – 1.58
52-Week Range4.00 – 60.00
Volume16.51K
Market Cap3.65M
P/E (TTM)0.00
Forward P/E0.00
EPS-13.80
Dividend Yield0.00%
Beta3.98
50-Day Avg8.72
200-Day Avg13.31

About

Nexalin Technology, Inc., a medical device company, designs and develops neurostimulation products for the treatment of mental health epidemic in the United States and China. The company offers Generation 1, an easy-to-administer medical device which utilizes bioelectronic medical technology to treat anxiety, insomnia, and depression without the need for drugs or psychotherapy; and Generation 2 and Generation 3 headset devices for the treatment of depression, substance use disorder, traumatic brain injury, post-traumatic stress disorder, opioid addiction, alcoholism, and chronic pain, as well as alzheimer's disease, and dementia. Nexalin Technology, Inc. is headquartered in Houston, Texas.

Company Details

  • SectorHealthcare
  • IndustryMedical Devices
  • CEOMr. Mark White
  • Employees8
  • Headquarters1776 Yorktown, Houston, TX, United States, 77056, USA
  • Websitehttps://www.nexalin.com

Leadership

  • Mr. Mark WhitePresident, CEO & Director · b. 1962
  • Dr. David Owens M.D.Chief Medical Officer, Member of Scientific Advisory Board & Director · b. 1962
  • Mr. John Patrick ClaudeCo-Founder and Director of Engineering & Development

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue207.38K242.91K144.06K1.32M110.75K168.72K301.65K
Growth (%)-+17.13%-40.69%+817.20%-91.62%+52.35%+78.78%
Cost of Revenue218.21K29.04K21.44K363.21K25.69K36.59K61.37K
Gross Profit-10.83K213.88K122.62K958.14K85.06K132.13K240.27K
Gross Margin-5.22%88.05%85.12%72.51%76.80%78.31%79.65%
Operating Expense1.46M3.47M6.14M2.79M5.78M7.89M8.63M
Operating Income-1.47M-3.26M-6.02M-1.83M-5.70M-7.75M-8.39M
Operating Margin-706.98%-1341.38%-4177.70%-138.72%-5143.48%-4596.14%-2781.69%
EBITDA-1.47M-3.32M-6.00M-1.63M-4.61M-7.59M-8.20M
EBITDA Margin-706.73%-1368.54%-4161.42%-123.56%-4158.65%-4499.78%-2718.62%
Net Income-5.02M-3.40M-6.08M-1.70M-4.65M-7.61M-8.22M
Net Income Margin-2421.22%-1401.11%-4218.93%-128.49%-4197.56%-4508.73%-2725.76%
R&D--139.00K511.00K1.92M1.19M1.08M
R&D as % of Total Revenue--96.48%38.67%1735.47%705.90%359.20%
Interest Expense80.99K78.68K82.32K59.38K38.84K3.19K-
Interest Expense % of Total Revenue39.05%32.39%57.14%4.49%35.07%1.89%-

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets112.51K118.46K753.70K7.43M3.63M4.22M4.64M
Total Liabilities1.29M1.71M2.44M1.95M425.28K546.69K887.33K
Total Equity-1.18M-1.59M-1.68M5.48M3.21M3.68M3.75M
Cash63.43K78.44K661.78K162.74K580.23K574.49K654.78K
Total Debt826.77K726.01K850.05K755.26K4.46K--
Net Debt763.34K647.58K188.27K592.52K-575.77K-574.49K-654.78K

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-678.34K-863.47K-1.08M-2.22M-3.84M-3.94M-4.96M
Investing Cash Flow-648-648-6.79M-6.79M4.45M-577.54K-131.99K
Financing Cash Flow726.05K879.13K1.66M8.51M-200.00K4.52M5.17M
Capital Expenditure464811109.28K170.31K96.86K
Free Cash Flow-678.34K-864.12K-1.08M-2.22M-3.94M-4.11M-4.96M
FCF to OCF100.00%100.08%100.00%100.00%102.85%104.32%100.00%

Earnings

Report DateJan 4, 2022May 31, 2022Sep 19, 2022Nov 10, 2022Mar 27, 2023May 10, 2023Jun 30, 2023Sep 30, 2023Dec 31, 2023Mar 31, 2024Sep 25, 2024Nov 8, 2024Feb 26, 2025May 13, 2025Aug 6, 2025Nov 14, 2025Mar 25, 2026May 8, 2026Aug 12, 2026Nov 13, 2026
EPS Estimate0.000.000.000.00--------0.12-0.12-0.10-0.14-0.12-0.12-0.12-0.10-
EPS Actual-0.06-0.08-0.06-0.03-0.10-0.10-3.39-9.29-3.15-4.20-0.17-0.23-0.25-0.15-0.10-0.13-0.13-0.11-0.11-
Surprise------------91.67%-108.33%-50.00%28.57%-8.33%-8.33%8.33%-10.00%-
Timing----------After-hoursAfter-hours-After-hoursAfter-hoursPre-marketAfter-hours-After-hours-

Key Statistics & Ratios

Market Cap3.65M
Enterprise Value2.99M
Trailing P/E0.00
Forward P/E0.00
Price / Sales16.31
Price / Book2.63
EPS-13.80
Book Value0.069
Revenue (TTM)217.16K
Gross Profit (TTM)187.10K
EBITDA-9.08M
Profit Margin0.00%
Operating Margin-18479.69%
Return on Equity-240.25%
Return on Assets-119.22%
Shares Outstanding855.51K
Shares Float530.68K
Beta3.98
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 1 analystsTarget 60.00
  • Buy
    1

Ownership Breakdown

Institutions
3.45%
Insiders
24.58%
Retail / Other
71.97%

Top Institutional Holders

  • Geode Capital Management, LLC
    247.04K0.99%
  • Vanguard Capital Management, LLC
    126.54K0.51%
  • Vanguard Fiduciary Trust Co
    51.39K0.21%
  • State Street Corp
    32.30K0.13%
  • Northern Trust Corp
    24.10K0.10%
  • HRT FINANCIAL LLC
    23.45K0.09%
  • StoneX Group Inc
    22.92K0.09%
  • Kovack Advisors Inc
    22.32K0.09%
  • UBS Group AG
    22.19K0.09%
  • Susquehanna International Group, LLP
    20.93K0.08%
  • XTX Topco Ltd
    15.90K0.06%
  • Renaissance Technologies Corp
    10.68K0.04%
  • Jane Street Group LLC
    10.51K0.04%
  • LPL Financial Corp
    10.45K0.04%
  • Elevation Advisory Partners LLC
    10.00K0.04%
  • Integrated Investment Consultants, LLC
    10.00K0.04%
  • Tower Research Capital LLC
    2.11K0.01%

Top Fund Holders

  • Fidelity Extended Market Index
    95.66K0.38%
  • Fidelity Total Market Index
    17.03K0.07%
  • Fidelity Series Total Market Index
    16.61K0.07%

Stock Splits

  • Aug 31, 20261:30