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Balance Sheets Overview

Current Ratio
42.73%
Quick Ratio
26.78%
Debt to Asset Ratio
79.33%
Unit: Thousand (K) dollars
Assets Breakdown
    • Operating lease - right of use a...
    • Less accumulated depreciation an...
    • Restricted cash
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Derivative liability, at fair va...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
-
-
-
938
Cash
492
208
317
-
Restricted cash
1,214
1,914
741
920
Accounts receivable, net
1,079
662
673
839
Inventory, net
2,303
2,263
2,111
2,019
Prepaid expenses and other current assets
1,082
591
496
886
Total current assets
6,170
5,638
4,338
5,602
Goodwill
1,128
1,128
1,128
1,128
Intangibles, net
13,491
655
681
712
Property and equipment, gross
3,408
3,332
3,324
3,284
Less accumulated depreciation and amortization
1,499
1,441
1,369
1,288
Property and equipment, net
1,909
1,891
1,955
1,996
Operating lease - right of use asset
3,405
1,942
2,015
2,087
Investment in nexgelrx
249
249
249
-
Other assets
95
95
95
95
Total assets
26,447
11,598
10,461
11,620
Accounts payable - related party-Nonrelated Party
3,344
1,202
723
795
Accounts payable - related party-Related Party
575
604
566
421
Accrued expenses and other current liabilities
456
428
460
530
Deferred revenue
-
-
2
180
Current portion of note payable
102
100
99
99
Partnership accrued advance
483
596
731
920
Warrant liability and contingent consideration liability
-
-
-
6
Current portion of finance lease liability
68
65
65
64
Current portion of operating lease liability
747
319
310
293
Derivative liability, at fair value
8,665
-
-
-
Total current liabilities
14,440
3,314
2,956
3,308
Operating lease liabilities, net of current portion
2,847
1,801
1,883
1,962
Financing lease liability, net of current portion
203
226
242
259
Convertible notes payable
-
1,312
-
-
Convertible notes payable, net of debt discount
3,054
-
-
-
Notes payable, net of current portion
437
463
489
515
Total liabilities
20,981
7,116
5,570
6,044
Common stock, par value 0.001 per share, 25,000,000 shares authorized 9,700,022 and 8,475,693 shares issued and outstanding as of june 30, 2026 and december 31, 2025, respectively
10
8
8
8
Additional paid-in capital
30,497
25,909
25,447
25,204
Accumulated deficit
-25,558
-21,923
-20,996
-20,026
Total nexgel stockholders equity
4,949
3,994
4,459
5,186
Non-controlling interest in joint venture
517
488
432
390
Total stockholders equity
5,466
4,482
4,891
5,576
Total liabilities and stockholders equity
26,447
11,598
10,461
11,620
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Inventory, net$2,303K (26.47%↑ Y/Y)Restricted cash$1,214K Prepaid expenses andother current assets$1,082K (25.38%↑ Y/Y)Accounts receivable, net$1,079K (43.29%↑ Y/Y)Cash$492K (-32.14%↓ Y/Y)Property and equipment,gross$3,408K (4.03%↑ Y/Y)Intangibles, net$13,491K (1713.31%↑ Y/Y)Total current assets$6,170K (48.25%↑ Y/Y)Operating lease - right ofuse asset$3,405K (125.20%↑ Y/Y)Property and equipment,net$1,909K (-7.78%↓ Y/Y)Goodwill$1,128K (0.00%↑ Y/Y)Investment in nexgelrx$249K Other assets$95K (0.00%↑ Y/Y)Less accumulateddepreciation and...$1,499K (24.30%↑ Y/Y)Total assets$26,447K (172.34%↑ Y/Y)Total liabilities andstockholders equity$26,447K (172.34%↑ Y/Y)Total liabilities$20,981K (350.62%↑ Y/Y)Total stockholdersequity$5,466K (8.13%↑ Y/Y)Total currentliabilities$14,440K (502.67%↑ Y/Y)Convertible notes payable,net of debt discount$3,054K Operating leaseliabilities, net of current...$2,847K (96.89%↑ Y/Y)Notes payable, net ofcurrent portion$437K (-18.92%↓ Y/Y)Financing leaseliability, net of current...$203K (-26.18%↓ Y/Y)Total nexgelstockholders equity$4,949K (5.95%↑ Y/Y)Non-controlling interest injoint venture$517K (34.64%↑ Y/Y)Accumulated deficit-$25,558K (-31.93%↓ Y/Y)Derivative liability, atfair value$8,665K (61792.86%↑ Y/Y)Accounts payable -related...$3,344K (304.84%↑ Y/Y)Current portion ofoperating lease liability$747K (219.23%↑ Y/Y)Accounts payable -related party-Related...$575K (28.64%↑ Y/Y)Partnership accrued advance$483K Accrued expenses andother current...$456K (-14.61%↓ Y/Y)Current portion of notepayable$102K (3.03%↑ Y/Y)Current portion offinance lease liability$68K (9.68%↑ Y/Y)Additional paid-in capital$30,497K (26.88%↑ Y/Y)Common stock, par value0.001 per share,...$10K (25.00%↑ Y/Y)

NEXGEL, INC. (NXGL)

NEXGEL, INC. (NXGL)