Nexalin Technology, Inc. (NXLIW) Financials

$0.33

north_east
$0.13 (65%)
Day's range
$0.33
Day's range
$0.35

NXLIW 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 $0.00 $886,410.00 $35,487.00 $10,710.00 $1.38 M
Selling, General & Administrative Expenses $5.78 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
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