For the quarter ending 2025-09-30, NXGL has $11,620K in assets. $6,044K in debts. $938K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 938 | - | ||
| Cash | - | 725 | ||
| Restricted cash | 920 | - | ||
| Accounts receivable, net | 839 | 753 | ||
| Inventory | 2,019 | 1,821 | ||
| Prepaid expenses and other current assets | 886 | 863 | ||
| Total current assets | 5,602 | 4,162 | ||
| Goodwill | 1,128 | 1,128 | ||
| Intangibles, net | 712 | 744 | ||
| Property and equipment, gross | 3,284 | - | ||
| Less accumulated depreciation and amortization | 1,288 | - | ||
| Property and equipment, net | 1,996 | 2,070 | ||
| Operating lease - right of use asset | 2,087 | 1,512 | ||
| Other assets | 95 | 95 | ||
| Total assets | 11,620 | 9,711 | ||
| Accounts payable - related party-Nonrelated Party | 795 | 826 | ||
| Contingent consideration liability | - | 0 | ||
| Accounts payable - related party-Related Party | 421 | 447 | ||
| Warrant liability | - | 14 | ||
| Accrued expenses and other current liabilities | 530 | 534 | ||
| Deferred revenue | 180 | 180 | ||
| Current portion of note payable | 99 | 99 | ||
| Partnership accrued advance | 920 | - | ||
| Warrant liability and contingent consideration liability | 6 | - | ||
| Financing lease liability, current portion | 64 | 62 | ||
| Operating lease liabilities, current portion | 293 | 234 | ||
| Total current liabilities | 3,308 | 2,396 | ||
| Operating lease liabilities, net of current portion | 1,962 | 1,446 | ||
| Financing lease liability, net of current portion | 259 | 275 | ||
| Notes payable, net of current portion | 515 | 539 | ||
| Total liabilities | 6,044 | 4,656 | ||
| Common stock, par value 0.001 per share, 25,000,000 shares authorized 8,142,766 and 7,638,497 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 8 | 8 | ||
| Additional paid-in capital | 25,204 | 24,036 | ||
| Accumulated deficit | -20,026 | -19,373 | ||
| Total nexgel stockholders equity | 5,186 | 4,671 | ||
| Non-controlling interest in joint venture | 390 | 384 | ||
| Total stockholders equity | 5,576 | 5,055 | ||
| Total liabilities and stockholders equity | 11,620 | 9,711 | ||
NEXGEL, INC. (NXGL)
NEXGEL, INC. (NXGL)