NXL
Income statement / Annual
Last year (2023), Nexalin Technology, Inc.'s total revenue was $110,748.00,
a decrease of 91.62% from the previous year.
In 2023, Nexalin Technology, Inc.'s net income was -$4.65 M.
See Nexalin Technology, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$110,748.00
|
$1.32 M
|
$144,065.00
|
$242,914.00
|
$207,383.00
|
| Cost of Revenue |
$25,688.00 |
$363,212.00 |
$21,442.00 |
$29,039.00 |
$218,210.00 |
| Gross Profit |
$85,060.00 |
$958,145.00 |
$122,623.00 |
$213,875.00 |
-$10,827.00 |
| Gross Profit Ratio |
0.77 |
0.73 |
0.85 |
0.88 |
-0.05 |
| Research and Development
Expenses |
$1.92 M
|
$511,000.00
|
$139,000.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$5.78 M
|
$2.79 M
|
$6.14 M
|
$3.47 M
|
$78,133.00
|
| Selling & Marketing
Expenses |
-$1.96 M
|
$886,410.00
|
$35,487.00
|
$10,710.00
|
$1.38 M
|
| Selling, General &
Administrative Expenses |
$3.82 M
|
$2.79 M
|
$6.14 M
|
$3.47 M
|
$1.46 M
|
| Other Expenses |
$0.00 |
$171,681.00 |
$0.00 |
$0.00 |
$0.00 |
| Operating Expenses |
$5.78 M |
$2.79 M |
$6.14 M |
$3.47 M |
$1.46 M |
| Cost And Expenses |
$5.81 M |
$3.15 M |
$6.16 M |
$3.50 M |
$1.67 M |
| Interest Income |
$0.00 |
$59,382.00 |
$82,319.00 |
$78,681.00 |
$80,989.00 |
| Interest Expense |
$38,835.00 |
$59,382.00 |
$82,319.00 |
$78,681.00 |
$80,989.00 |
| Depreciation &
Amortization |
$4,254.00
|
$5,723.00
|
$537.00
|
$429.00
|
$535.00
|
| EBITDA |
-$5.69 M
|
-$1.83 M
|
-$6.00 M
|
-$3.32 M
|
-$1.47 M
|
| EBITDA Ratio |
-51.4 |
-1.26 |
-41.77 |
-13.41 |
-7.07 |
| Operating Income Ratio
|
-51.43
|
-1.39
|
-41.78
|
-13.41
|
-7.07
|
| Total Other
Income/Expenses Net |
$1.05 M
|
$135,215.00
|
-$59,403.00
|
-$145,079.00
|
-$3.56 M
|
| Income Before Tax |
-$4.65 M |
-$1.70 M |
-$6.08 M |
-$3.40 M |
-$5.02 M |
| Income Before Tax Ratio
|
-41.98
|
-1.28
|
-42.19
|
-14.01
|
-24.21
|
| Income Tax Expense |
$0.00 |
$227,997.00 |
$82,319.00 |
$78,681.00 |
$5.00 |
| Net Income |
-$4.65 M |
-$1.93 M |
-$6.16 M |
-$3.48 M |
-$5.02 M |
| Net Income Ratio |
-41.98 |
-1.46 |
-42.76 |
-14.33 |
-24.21 |
| EPS |
-0.63 |
-0.26 |
-0.85 |
-0.48 |
-0.69 |
| EPS Diluted |
-0.63 |
-0.26 |
-0.85 |
-0.48 |
-0.69 |
| Weighted Average Shares
Out |
$7.36 M
|
$7.29 M
|
$7.28 M
|
$7.28 M
|
$7.28 M
|
| Weighted Average Shares
Out Diluted |
$7.36 M
|
$7.29 M
|
$7.28 M
|
$7.28 M
|
$7.28 M
|
| Link |
|
|
|
|
|
